Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0120%/8h= +13.1% APRpaid last 24h −0.020%

Price spread now: Lighter against Gate−0.029%7-day average −0.061% · you buy dearer than you sell

Net, funding: paid 7d − costs−$31as in the Funding arb table

Net, price: spread back to 7d avg − costs−$24as in the Price arb table

costs, in and out, $10k−$270.269% of the position

Long on Gate Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 7 days−0.037%−$4 on $10k

Price spread, last 7 days−0.060%−$6 · spread now −0.029%, 7d avg −0.061%

Together, before fees−0.097%+ Points / potential airdropLighter: Season 3 · farm board−$10 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Lighter is 0.032% dearer against Gate than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.061%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate TSLA_USDT	376.28	0	get 0.0000% / 8h	2h 14m	$2.3M	$3.5M	100x
Short	Lighter TSLA	376.17	0.0120	get 0.0015% / 1h	14m 13s	$829K	$3.7M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against Gate. 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 GatebpFee LighterbpOrdersPrice spread, now −0.029%Rate

Funding earned: $25.2
Price spread: −0.029% → −0.061%: $3.15
Slippage, 4 orders: −$11.95
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Lighter: 0 bp × 2 orders: $0
Net: $1.41
Costs to cover: 0.269%
Break-even: 6.6 days

Slippage from Gate: live order book, 4 min ago; Lighter: 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 Gate live order book, 4 min ago	1.33 bp	14.4 bp −$14	22.9 bp −$229	doesn't fit	doesn't fit
Sell Lighter live order book, 3 min ago	0.27 bp	0.5 bp −$1	1.1 bp −$11	71.8 bp −$7,179	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	−0.0397%	4h	376.32	+0.011%	$398K	$1.0M	10x	as long as short
BloFin TSLA-USDT	−0.0008%	8h	376.34	+0.016%	$576K	$354K	20x	as long as short
Aster TSLAUSDT	0.0000%	8h	376.33	+0.013%	$576K	$199K	50x	as long as short
Extended TSLA_24_5-USD	0.0000%	1h	376.20	−0.021%	$479K	$2.7M	10x	as long as short
Binance TSLAUSDT	0.0000%	8h	376.34	+0.016%	$47.2M	$113.1M	25x	as long as short
Bybit TSLAUSDT	0.0000%	8h	376.29	+0.003%	$10.2M	$15.4M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	376.31	+0.008%	$11.2M	$16.9M	25x	as long as short
Gate TSLA_USDTlong	0.0000%	8h	376.28	long leg	$2.3M	$3.5M	100x
Bitget TSLAUSDT	0.0000%	8h	376.14	−0.037%	$17.1M	$22.7M	100x	as long as short
Variational Omni TSLA	0.0000%	8h	376.23	−0.013%	$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	376.08	−0.053%	$200K	$917K	20x	as long as short
Phemex TSLAUSDT	0.0000%	4h	376.29	+0.003%	$1.1M	$14K	10x	as long as short
Aftermath Perps TSLAUSD	+0.0020%	1h	376.09	−0.050%	$38K	$39K	10x	as long as short
Lighter RH TSLA	+0.0032%	1h	376.14	−0.037%	$1.3M	$2.6M	20x	as long as short
Arcus TSLA-USD	+0.0040%	1h	375.94	−0.090%	$135K	$107K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	376.08	−0.053%	—	$125K	25x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	376.02	−0.069%	$44.5M	$14.8M	20x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	376.01	−0.072%	$300K	$307K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	376.24	−0.011%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	375.85	−0.114%	$1.6M	$1.1M	10x	as long as short
QFEX TSLA-USD	+0.0052%	1h	376.18	−0.027%	$1.2M	$6.2M	10x	as long as short
RISEx TSLA/USDC	+0.0054%	1h	376.26	−0.004%	$217K	$619K	20x	as long as short
Hotstuff TSLA-PERP	+0.0088%	1h	375.84	−0.117%	$34K	—	20x	as long as short
Pacifica TSLA	+0.0100%	1h	375.85	−0.114%	$390K	$36K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	376.00	−0.074%	$1.5M	$108K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	376.05	−0.061%	$4K	$62K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	376.26	−0.005%	$41K	$23K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	376.18	−0.026%	$745	—	10x	as long as short
Coinbase International TSLA-PERP-INTX	+0.0112%	1h	376.13	−0.040%	$511K	$337K	10x	as long as short
Lighter TSLAshort	+0.0120%	1h	376.17	−0.029%	$829K	$3.7M	20x
GRVT TSLA_USDT_Perp	+0.0165%	8h	376.34	+0.017%	$854K	$2.8M	10x	as long as short
Bullet TSLA-USD	+0.0174%	1h	376.22	−0.017%	$4K	$90K	10x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	379.54	+0.866%	$79K	$36K	30x	as long as short
Nado TSLA-PERP	+0.0237%	1h	375.90	−0.101%	$488K	$110K	20x	as long as short
Deribit TSLA_USDC-PERPETUAL	+0.0282%	1h	376.13	−0.040%	$18K	$193K	10x	as long as short
Phoenix TSLA	+0.0298%	1h	376.31	+0.008%	$1.3M	$528K	20x	as long as short