Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0022%/8h= +2.4% APRpaid last 24h +0.001%

Price spread now: Lighter RH against BloFin−0.032%91s7-day average −0.018% · you buy dearer than you sell

Net, funding: paid 7d − costs−$27as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$160.164% of the position

Long on BloFin Short on Lighter RH

What this pair did over the last

the charts below follow

Funding, last 7 days−0.107%−$11 on $10k

Price spread, last 4 days (all we have)+0.041%+$4 · spread now −0.032%, 7d avg −0.018%

Together, before fees−0.066%+ Points / potential airdropLighter RH: Points live · farm board−$7 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.018%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.107%, so the current rate has only just turned in your favour. The two prices were read 91 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin TSLA-USDT	376.39	0.0010	pay 0.0010% / 8h	3h 45m	$576K	$353K	20x
Short	Lighter RH TSLA	376.27	0.0032	get 0.0004% / 1h	45m 26s	$1.2M	$2.5M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter RH against BloFin. 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 BloFinbpFee Lighter RHbpOrdersPrice spread, now −0.032%Rate

Funding earned: $4.54
Price spread: −0.032% → −0.018%: −$1.42
Slippage, 4 orders: −$4.37
Fee BloFin: 6 bp × 2 orders: −$12
Fee Lighter RH: 0 bp × 2 orders: $0
Net: −$13.25
Costs to cover: 0.164%
Break-even: 27.4 days

Slippage from BloFin: live order book, 51 min ago; Lighter RH: live order book, 3 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 BloFin live order book, 51 min ago	0.13 bp	6.2 bp −$6	8.3 bp −$83	17.5 bp −$1,748	doesn't fit
Sell Lighter RH live order book, 3 min ago	1.46 bp	1.7 bp −$2	3.8 bp −$38	40.0 bp −$3,995	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	376.30	−0.023%	$398K	$1.0M	10x	as long as short
Hotstuff TSLA-PERP	−0.0048%	1h	376.02	−0.098%	$34K	—	20x	as long as short
Aster TSLAUSDT	0.0000%	8h	376.43	+0.009%	$576K	$195K	50x	as long as short
Extended TSLA_24_5-USD	0.0000%	1h	376.24	−0.039%	$480K	$2.7M	10x	as long as short
Binance TSLAUSDT	0.0000%	8h	376.35	−0.011%	$47.3M	$111.1M	25x	as long as short
Bybit TSLAUSDT	0.0000%	8h	376.42	+0.008%	$10.3M	$15.4M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	376.24	−0.040%	$11.2M	$16.8M	25x	as long as short
RISEx TSLA/USDC	0.0000%	1h	376.39	0.000%	$290K	$582K	20x	as long as short
Bitget TSLAUSDT	0.0000%	8h	376.29	−0.027%	$17.0M	$22.5M	100x	as long as short
Variational Omni TSLA	0.0000%	8h	376.34	−0.014%	$1.9M	$1.3M	—	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
StandX TSLA-USD	0.0000%	1h	376.40	+0.003%	$200K	$899K	20x	as long as short
Phemex TSLAUSDT	0.0000%	4h	376.50	+0.029%	$1.1M	$14K	10x	as long as short
BloFin TSLA-USDTlong	+0.0010%	8h	376.39	long leg	$576K	$353K	20x
Aftermath Perps TSLAUSD	+0.0023%	1h	375.99	−0.107%	$38K	$41K	10x	as long as short
Lighter TSLA	+0.0032%	1h	376.28	−0.029%	$818K	$3.6M	20x	as long as short
Lighter RH TSLAshort	+0.0032%	1h	376.27	−0.032%	$1.2M	$2.5M	20x
QFEX TSLA-USD	+0.0033%	1h	376.33	−0.016%	$1.2M	$6.5M	10x	as long as short
Gate TSLA_USDT	+0.0038%	8h	376.31	−0.021%	$2.3M	$3.5M	100x	as long as short
Arcus TSLA-USD	+0.0040%	1h	376.05	−0.090%	$133K	$106K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	376.26	−0.035%	—	$129K	25x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	376.04	−0.093%	$44.4M	$14.6M	20x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	376.12	−0.072%	$300K	$309K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	376.29	−0.027%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	376.12	−0.072%	$1.6M	$1.1M	10x	as long as short
GRVT TSLA_USDT_Perp	+0.0058%	8h	376.13	−0.070%	$850K	$2.8M	10x	as long as short
Bullet TSLA-USD	+0.0076%	1h	376.38	−0.003%	$5K	$90K	10x	as long as short
Coinbase International TSLA-PERP-INTX	+0.0080%	1h	376.45	+0.016%	$512K	$330K	10x	as long as short
Pacifica TSLA	+0.0100%	1h	376.11	−0.074%	$390K	$38K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	376.21	−0.048%	$1.5M	$105K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	376.12	−0.072%	$4K	$62K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	376.11	−0.074%	$41K	$23K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	376.28	−0.030%	$745	—	10x	as long as short
Nado TSLA-PERP	+0.0198%	1h	376.14	−0.068%	$489K	$112K	20x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	377.31	+0.244%	$78K	$36K	30x	as long as short
Phoenix TSLA	+0.0276%	1h	376.38	−0.003%	$1.3M	$540K	20x	as long as short
Deribit TSLA_USDC-PERPETUAL	+0.0308%	1h	376.29	−0.027%	$20K	$189K	10x	as long as short