Settings8H · net · $10k
Funding arb · Price arb /

TSLA

RWAall TSLA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0104%/8h= −11.4% APRnext payment $0.13 per $10,000 · paid last 24h −0.016%
Price spread now: Lighter RH against Coinbase International+0.059%7-day average +0.088% · you sell dearer than you buy
Net, funding: paid 7d − costs−$29as in the Funding arb table
Net, price: spread back to 7d avg − costs−$22as in the Price arb table
costs, in and out, $10k−$190.187% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.101%−$10 on $10k
Price spread, last 4 days (all we have)+0.001%$0 · spread now +0.059%, 7d avg +0.088%
Together, before fees−0.100%+ Points / potential airdropLighter RH: Points live · farm board−$10 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Lighter RH is 0.029% cheaper against Coinbase International than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.088%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International TSLA-PERP-INTX375.690.0136pay 0.0017% / 1h1m 31s$505K$350K10x
ShortLighter RH TSLA375.910.0032get 0.0004% / 1h1m 31s$1.3M$2.5M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter RH against Coinbase International. 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

Funding earned
−$21.84
Price spread: +0.059% → +0.088%
−$2.94
Slippage, 4 orders
−$8.72
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Lighter RH: 0 bp × 2 orders
$0
Net
−$43.5
Costs to cover
0.187%
Break-even
never at this rate
Slippage from Coinbase International: live order book, 42 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
LegHalf-spread$10k$100k$1M$5M
Buy Coinbase International live order book, 42 min ago2.66 bp7.9 bp −$89.7 bp −$97doesn't fitdoesn't fit
Sell Lighter RH live order book, 1 min ago1.20 bp1.2 bp −$14.0 bp −$4045.8 bp −$4,578doesn't fit

TSLA on 36 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX TSLAUSDC−0.0756%4h375.78+0.025%$397K$1.0M10xas long as short
Hotstuff TSLA-PERP−0.0016%1h375.60−0.024%$34K20xas long as short
Aster TSLAUSDT0.0000%8h376.04+0.093%$574K$200K50xas long as short
Bybit TSLAUSDT0.0000%8h375.95+0.069%$10.2M$15.3M100xas long as short
OKX TSLA-USDT-SWAP0.0000%8h375.99+0.080%$11.2M$16.9M25xas long as short
Gate TSLA_USDT0.0000%8h376.05+0.096%$2.3M$3.5M100xas long as short
Bitget TSLAUSDT0.0000%8h375.94+0.067%$17.2M$22.7M100xas long as short
Variational Omni TSLA0.0000%8h375.81+0.032%$1.9M$1.3Mas long as short
StandX TSLA-USD0.0000%1h376.02+0.088%$200K$918K20xas long as short
Phemex TSLAUSDT0.0000%4h375.94+0.067%$1.1M$14K10xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin TSLA-USDT+0.0023%8h375.86+0.045%$577K$355K20xas long as short
Extended TSLA_24_5-USD+0.0024%1h375.89+0.054%$480K$2.8M10xas long as short
Binance TSLAUSDT+0.0024%8h376.00+0.082%$47.1M$113.4M25xas long as short
Aftermath Perps TSLAUSD+0.0030%1h375.75+0.016%$38K$38K10xas long as short
Lighter RH TSLAshort+0.0032%1h375.91+0.059%$1.3M$2.5M20x
Arcus TSLA-USD+0.0040%1h375.68−0.003%$135K$108K10xas long as short
Vest TSLA-USD-PERP+0.0046%1h375.80+0.029%$119K25xas long as short
tradeXYZ xyz:TSLA+0.0050%1h375.73+0.011%$44.6M$14.8M20xas long as short
Polymarket Perps TSLA-USD+0.0050%1h375.79+0.027%$300K$304K10xas long as short
SoDEX TSLA-USD+0.0050%1h375.91+0.059%$4K$3K10xas long as short
Ondo Perps TSLA-USD.P+0.0050%1h375.62−0.019%$1.6M$1.1M10xas long as short
QFEX TSLA-USD+0.0052%1h375.91+0.059%$1.2M$6.2M10xas long as short
Pacifica TSLA+0.0100%1h375.65−0.011%$389K$37K10xas long as short
KuCoin TSLAUSDTM+0.0100%8h375.77+0.021%$1.4M$334K20xas long as short
ApeX Omni TSLAUSDT+0.0100%1h375.59−0.027%$4K$61K50xas long as short
Orderly PERP_TSLA_USDC+0.0100%8h375.74+0.013%$41K$23K20xas long as short
Aevo TSLA-PERP+0.0104%1h375.92+0.061%$74410xas long as short
Coinbase International TSLA-PERP-INTXlong+0.0136%1h375.69long leg$505K$350K10x
RISEx TSLA/USDC+0.0138%1h376.01+0.086%$214K$644K20xas long as short
Lighter TSLA+0.0176%1h375.94+0.067%$821K$3.7M20xas long as short
Injective TSLA/USDC PERP+0.0220%1h379.54+1.025%$79K$37K30xas long as short
GRVT TSLA_USDT_Perp+0.0243%8h375.93+0.064%$846K$2.8M10xas long as short
Bullet TSLA-USD+0.0261%1h376.00+0.083%$6K$90K10xas long as short
Nado TSLA-PERP+0.0285%1h375.70+0.001%$488K$111K20xas long as short
Phoenix TSLA+0.0318%1h375.94+0.067%$1.3M$528K20xas long as short
Deribit TSLA_USDC-PERPETUAL+0.0336%1h375.85+0.043%$18K$194K10xas long as short