Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 20:00 UTC+0.0146%/8hnext payment +$0.18 per $10,000 · paid last 24h −0.011%

Price spread now: Lighter against Bullet+0.009%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Bullet Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$4 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bullet TSLA-USD	374.34	0.0102	pay 0.0013% / 1h	5m 20s	$5K	$90K	10x
Short	Lighter TSLA	374.37	0.0248	get 0.0031% / 1h	5m 20s	$1.1M	$3.9M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against Bullet. 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 BulletbpFee LighterbpOrdersPrice spread, now +0.009%Rate

Funding earned: $30.69
Price spread: +0.009% → 0.000%: $0.86
Slippage, 4 orders: no order book: not counted
Fee Bullet: 4 bp × 2 orders: −$8
Fee Lighter: 0 bp × 2 orders: $0
Net: $23.55
Costs to cover: 0.080%
Break-even: 1.6 days

Slippage unknown: Bullet: no order-book sample; Lighter: live order book, 7 min ago. Net counts fees only.

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 Bullet no order-book sample	—	—	—	—	—
Sell Lighter live order book, 7 min ago	0.80 bp	0.9 bp −$1	1.6 bp −$16	30.8 bp −$3,081	doesn't fit

Bullet: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	−0.0894%	4h	374.44	+0.026%	$394K	$998K	10x	as long as short
Aster TSLAUSDT	0.0000%	8h	374.30	−0.010%	$593K	$179K	50x	as long as short
Extended TSLA_24_5-USD	0.0000%	1h	374.30	−0.011%	$447K	$10.6M	10x	as long as short
Binance TSLAUSDT	0.0000%	8h	374.34	+0.001%	$46.9M	$107.4M	25x	as long as short
Bybit TSLAUSDT	0.0000%	8h	374.39	+0.014%	$10.2M	$15.4M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	374.33	−0.002%	$11.2M	$16.3M	25x	as long as short
Gate TSLA_USDT	0.0000%	8h	374.37	+0.009%	$2.3M	$4.2M	100x	as long as short
Bitget TSLAUSDT	0.0000%	8h	374.24	−0.026%	$16.7M	$21.6M	100x	as long as short
Variational Omni TSLA	0.0000%	8h	374.13	−0.055%	$1.7M	$1.2M	—	as long as short
StandX TSLA-USD	0.0000%	1h	374.37	+0.009%	$199K	$896K	20x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit TSLA_USDC-PERPETUAL	0.0000%	1h	374.10	−0.064%	$20K	$185K	10x	as long as short
Phemex TSLAUSDT	0.0000%	4h	374.25	−0.023%	$1.1M	$13K	10x	as long as short
BloFin TSLA-USDT	+0.0024%	8h	374.28	−0.015%	$584K	$339K	20x	as long as short
Lighter RH TSLA	+0.0032%	1h	374.26	−0.021%	$1.3M	$2.5M	20x	as long as short
QFEX TSLA-USD	+0.0044%	1h	374.32	−0.005%	$1.2M	$6.9M	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	374.21	−0.034%	—	$133K	25x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	374.19	−0.040%	$43.7M	$14.1M	20x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	374.16	−0.048%	$296K	$283K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	374.10	−0.064%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	373.92	−0.112%	$1.6M	$935K	10x	as long as short
Hotstuff TSLA-PERP	+0.0064%	1h	373.99	−0.093%	$34K	—	20x	as long as short
RISEx TSLA/USDC	+0.0067%	1h	374.29	−0.013%	$177K	$511K	20x	as long as short
Coinbase International TSLA-PERP-INTX	+0.0072%	1h	373.60	−0.197%	$534K	$281K	10x	as long as short
Nado TSLA-PERP	+0.0099%	1h	373.96	−0.101%	$483K	$90K	20x	as long as short
Pacifica TSLA	+0.0100%	1h	373.99	−0.093%	$387K	$27K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	374.04	−0.080%	$1.4M	$152K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	373.95	−0.104%	$4K	$61K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	374.37	+0.009%	$41K	$20K	20x	as long as short
Bullet TSLA-USDlong	+0.0102%	1h	374.34	long leg	$5K	$90K	10x
Aevo TSLA-PERP	+0.0104%	1h	374.28	−0.017%	$741	—	10x	as long as short
Aftermath Perps TSLAUSD	+0.0141%	1h	374.25	−0.024%	$38K	$51K	10x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	375.59	+0.334%	$78K	$36K	30x	as long as short
GRVT TSLA_USDT_Perp	+0.0228%	8h	374.14	−0.053%	$841K	$3.1M	10x	as long as short
Lighter TSLAshort	+0.0248%	1h	374.37	+0.009%	$1.1M	$3.9M	20x
Phoenix TSLA	+0.0298%	1h	374.21	−0.034%	$1.3M	$213K	20x	as long as short
Arcus TSLA-USD	+0.0364%	1h	374.16	−0.048%	$153K	$85K	10x	as long as short