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

TSLA

RWAall TSLA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0032%/8h= +3.5% APRnext payment +$0.04 per $10,000 · paid last 24h −0.006%
Price spread now: Lighter RH against Deribit+0.040%7-day average +0.010% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$15as in the Price arb table
costs, in and out, $10k−$180.176% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)−0.153%−$15 on $10k
Price spread, last 4 days (all we have)+0.029%+$3 · spread now +0.040%, 7d avg +0.010%
Together, before fees−0.125%+ Points / potential airdropLighter RH: Points live · farm board−$12 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 0.030% dearer against Deribit than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.010%. Mind the row above: over the last 5 days funding on this pair cost −0.153%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit TSLA_USDC-PERPETUAL376.970get 0.0000% / 1h4m 50s$20K$188K10x
ShortLighter RH TSLA377.120.0032get 0.0004% / 1h4m 50s$1.2M$2.6M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter RH against Deribit. 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
$6.72
Price spread: +0.040% → +0.010%
$3.01
Slippage, 4 orders
−$10.59
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee Lighter RH: 0 bp × 2 orders
$0
Net
−$7.87
Costs to cover
0.176%
Break-even
15.2 days
Slippage from Deribit: live order book, 59 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
LegHalf-spread$10k$100k$1M$5M
Buy Deribit live order book, 59 min ago0.13 bp9.9 bp −$1012.1 bp −$121doesn't fitdoesn't fit
Sell Lighter RH live order book, 3 min ago1.86 bp2.1 bp −$23.2 bp −$3240.0 bp −$4,002doesn'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−0.0824%4h377.09+0.033%$398K$1.0M10xas long as short
BloFin TSLA-USDT−0.0013%8h377.19+0.058%$577K$354K20xas long as short
Aster TSLAUSDT0.0000%8h377.22+0.067%$578K$196K50xas long as short
Extended TSLA_24_5-USD0.0000%1h377.08+0.030%$484K$5.9M10xas long as short
Binance TSLAUSDT0.0000%8h377.18+0.056%$47.4M$110.9M25xas long as short
Bybit TSLAUSDT0.0000%8h377.26+0.077%$10.3M$15.4M100xas long as short
OKX TSLA-USDT-SWAP0.0000%8h377.11+0.037%$11.2M$16.9M25xas long as short
RISEx TSLA/USDC0.0000%1h377.20+0.062%$290K$586K20xas long as short
Bitget TSLAUSDT0.0000%8h377.11+0.037%$17.1M$22.9M100xas long as short
Variational Omni TSLA0.0000%8h377.03+0.016%$1.9M$1.4Mas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX TSLA-USD0.0000%1h377.16+0.050%$200K$909K20xas long as short
Deribit TSLA_USDC-PERPETUALlong0.0000%1h376.97long leg$20K$188K10x
Coinbase International TSLA-PERP-INTX0.0000%1h377.04+0.019%$513K$331K10xas long as short
Phemex TSLAUSDT0.0000%4h377.19+0.058%$1.1M$14K10xas long as short
Aftermath Perps TSLAUSD+0.0015%1h377.09+0.031%$38K$43K10xas long as short
QFEX TSLA-USD+0.0019%1h377.12+0.040%$1.2M$6.6M10xas long as short
Lighter RH TSLAshort+0.0032%1h377.12+0.040%$1.2M$2.6M20x
Arcus TSLA-USD+0.0040%1h376.94−0.008%$162K$96K10xas long as short
Vest TSLA-USD-PERP+0.0046%1h377.09+0.032%$130K25xas long as short
Hotstuff TSLA-PERP+0.0048%1h376.80−0.045%$34K20xas long as short
tradeXYZ xyz:TSLA+0.0050%1h376.85−0.032%$44.3M$14.3M20xas long as short
Polymarket Perps TSLA-USD+0.0050%1h377.07+0.027%$301K$309K10xas long as short
SoDEX TSLA-USD+0.0050%1h377.10+0.034%$4K$3K10xas long as short
Ondo Perps TSLA-USD.P+0.0050%1h376.82−0.040%$1.6M$1.1M10xas long as short
GRVT TSLA_USDT_Perp+0.0055%8h377.19+0.057%$846K$2.8M10xas long as short
Lighter TSLA+0.0056%1h377.15+0.048%$820K$3.6M20xas long as short
Bullet TSLA-USD+0.0098%1h377.18+0.056%$5K$92K10xas long as short
Pacifica TSLA+0.0100%1h377.01+0.011%$391K$38K10xas long as short
KuCoin TSLAUSDTM+0.0100%8h376.96−0.003%$1.5M$105K20xas long as short
ApeX Omni TSLAUSDT+0.0100%1h376.89−0.021%$4K$61K50xas long as short
Orderly PERP_TSLA_USDC+0.0100%8h377.11+0.037%$41K$24K20xas long as short
Aevo TSLA-PERP+0.0104%1h377.09+0.033%$74710xas long as short
Gate TSLA_USDT+0.0129%8h377.15+0.048%$2.3M$3.7M100xas long as short
Nado TSLA-PERP+0.0190%1h376.95−0.006%$490K$112K20xas long as short
Injective TSLA/USDC PERP+0.0220%1h378.16+0.316%$79K$36K30xas long as short
Phoenix TSLA+0.0254%1h377.09+0.032%$1.3M$539K20xas long as short