Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h +0.010%

Price spread now: Lighter RH against Bitget−0.008%7-day average −0.044% · you buy dearer than you sell

Net, funding: paid 7d − costs−$17as in the Funding arb table

Net, price: spread back to 7d avg − costs−$16as in the Price arb table

costs, in and out, $10k−$200.199% of the position

Long on Bitget Short on Lighter RH

What this pair did over the last

the charts below follow

Funding, last 7 days+0.033%+$3 on $10k

Price spread, last 7 days−0.012%−$1 · spread now −0.008%, 7d avg −0.044%

Together, before fees+0.021%+ Points / potential airdropLighter RH: Points live · farm board+$2 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Lighter RH is 0.036% dearer against Bitget than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.044%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget TSLAUSDT	376.66	0	get 0.0000% / 8h	4h 22m	$17.0M	$23.0M	100x
Short	Lighter RH TSLA	376.63	0.0032	get 0.0004% / 1h	22m 04s	$1.2M	$2.6M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter RH against Bitget. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BitgetbpFee Lighter RHbpOrdersPrice spread, now −0.008%Rate

Funding earned: $6.72
Price spread: −0.008% → −0.044%: $3.6
Slippage, 4 orders: −$7.86
Fee Bitget: 6 bp × 2 orders: −$12
Fee Lighter RH: 0 bp × 2 orders: $0
Net: −$9.54
Costs to cover: 0.199%
Break-even: 16.9 days

Slippage from Bitget: live order book, 2 min ago; Lighter RH: live order book, 1 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Bitget live order book, 2 min ago	0.13 bp	8.0 bp −$8	11.6 bp −$116	doesn't fit	doesn't fit
Sell Lighter RH live order book, 1 min ago	1.59 bp	1.7 bp −$2	3.1 bp −$31	39.9 bp −$3,991	doesn't fit

TSLA on 36 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX TSLAUSDC	−0.0441%	4h	376.57	−0.024%	$398K	$1.0M	10x	as long as short
Hotstuff TSLA-PERP	−0.0056%	1h	376.25	−0.109%	$34K	—	20x	as long as short
BloFin TSLA-USDT	−0.0003%	8h	376.63	−0.008%	$577K	$353K	20x	as long as short
Aster TSLAUSDT	0.0000%	8h	376.75	+0.025%	$577K	$196K	50x	as long as short
Extended TSLA_24_5-USD	0.0000%	1h	376.63	−0.007%	$481K	$4.0M	10x	as long as short
Binance TSLAUSDT	0.0000%	8h	376.72	+0.017%	$47.3M	$111.2M	25x	as long as short
Bybit TSLAUSDT	0.0000%	8h	376.77	+0.029%	$10.3M	$15.4M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	376.60	−0.016%	$11.3M	$16.9M	25x	as long as short
RISEx TSLA/USDC	0.0000%	1h	376.72	+0.015%	$290K	$587K	20x	as long as short
Bitget TSLAUSDTlong	0.0000%	8h	376.66	long leg	$17.0M	$23.0M	100x

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni TSLA	0.0000%	8h	376.55	−0.030%	$1.9M	$1.4M	—	as long as short
StandX TSLA-USD	0.0000%	1h	376.60	−0.016%	$200K	$905K	20x	as long as short
Deribit TSLA_USDC-PERPETUAL	0.0000%	1h	376.52	−0.037%	$20K	$188K	10x	as long as short
Phemex TSLAUSDT	0.0000%	4h	376.68	+0.005%	$1.1M	$14K	10x	as long as short
Aftermath Perps TSLAUSD	+0.0016%	1h	376.52	−0.038%	$38K	$41K	10x	as long as short
Lighter TSLA	+0.0032%	1h	376.64	−0.005%	$815K	$3.6M	20x	as long as short
Lighter RH TSLAshort	+0.0032%	1h	376.63	−0.008%	$1.2M	$2.6M	20x
QFEX TSLA-USD	+0.0038%	1h	376.63	−0.008%	$1.2M	$6.5M	10x	as long as short
Arcus TSLA-USD	+0.0040%	1h	376.44	−0.058%	$140K	$96K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	376.61	−0.013%	—	$130K	25x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	376.45	−0.056%	$44.3M	$14.4M	20x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	376.49	−0.045%	$301K	$309K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	376.64	−0.005%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	376.25	−0.109%	$1.6M	$1.1M	10x	as long as short
GRVT TSLA_USDT_Perp	+0.0052%	8h	376.74	+0.020%	$845K	$2.8M	10x	as long as short
Bullet TSLA-USD	+0.0055%	1h	376.72	+0.015%	$5K	$92K	10x	as long as short
Coinbase International TSLA-PERP-INTX	+0.0056%	1h	376.45	−0.056%	$512K	$330K	10x	as long as short
Gate TSLA_USDT	+0.0082%	8h	376.68	+0.005%	$2.3M	$3.6M	100x	as long as short
Pacifica TSLA	+0.0100%	1h	376.46	−0.052%	$390K	$38K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	376.57	−0.024%	$1.5M	$105K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	376.40	−0.069%	$4K	$61K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	376.63	−0.008%	$41K	$23K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	376.60	−0.016%	$746	—	10x	as long as short
Nado TSLA-PERP	+0.0145%	1h	376.49	−0.046%	$490K	$112K	20x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	377.69	+0.273%	$79K	$36K	30x	as long as short
Phoenix TSLA	+0.0255%	1h	376.64	−0.005%	$1.3M	$539K	20x	as long as short