Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0068%/8h= −7.4% APRpaid last 24h −0.020%

Price spread now: Lighter RH against KuCoin+0.027%7-day average +0.010% · you sell dearer than you buy

Net, funding: paid 7d − costs−$97as in the Funding arb table

Net, price: spread back to 7d avg − costs−$87as in the Price arb table

costs, in and out, $10k−$890.886% of the position

Long on KuCoin Short on Lighter RH

What this pair did over the last

the charts below follow

Funding, last 7 days−0.089%−$9 on $10k

Price spread, last 7 days+0.015%+$2 · spread now +0.027%, 7d avg +0.010%

Together, before fees−0.074%+ 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 +0.010%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin TSLAUSDTM	375.68	0.0100	pay 0.0100% / 8h	2h 25m	$1.5M	$108K	20x
Short	Lighter RH TSLA	375.78	0.0032	get 0.0004% / 1h	25m 38s	$1.2M	$2.6M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter RH against KuCoin. 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 KuCoinbpFee Lighter RHbpOrdersPrice spread, now +0.027%Rate

Funding earned: −$14.28
Price spread: +0.027% → +0.010%: $1.7
Slippage, 4 orders: −$76.59
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Lighter RH: 0 bp × 2 orders: $0
Net: −$101.17
Costs to cover: 0.886%
Break-even: never at this rate

Slippage from KuCoin: live order book, 5 min ago; Lighter RH: live order book, 2 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 KuCoin live order book, 5 min ago	2.26 bp	20.6 bp −$21	doesn't fit	doesn't fit	doesn't fit
Sell Lighter RH live order book, 2 min ago	1.07 bp	1.9 bp −$2	3.4 bp −$34	38.0 bp −$3,804	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	−0.0460%	4h	375.66	−0.006%	$397K	$1.0M	10x	as long as short
BloFin TSLA-USDT	−0.0003%	8h	375.76	+0.021%	$576K	$353K	20x	as long as short
Aster TSLAUSDT	0.0000%	8h	375.91	+0.062%	$575K	$198K	50x	as long as short
Extended TSLA_24_5-USD	0.0000%	1h	375.79	+0.029%	$479K	$2.7M	10x	as long as short
Binance TSLAUSDT	0.0000%	8h	375.91	+0.060%	$47.0M	$112.8M	25x	as long as short
Bybit TSLAUSDT	0.0000%	8h	375.85	+0.045%	$10.2M	$15.4M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	375.81	+0.035%	$11.2M	$16.9M	25x	as long as short
Bitget TSLAUSDT	0.0000%	8h	375.79	+0.029%	$17.1M	$22.7M	100x	as long as short
Variational Omni TSLA	0.0000%	8h	375.75	+0.019%	$1.9M	$1.3M	—	as long as short
StandX TSLA-USD	0.0000%	1h	375.79	+0.029%	$199K	$917K	20x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex TSLAUSDT	0.0000%	4h	375.80	+0.032%	$1.1M	$14K	10x	as long as short
Gate TSLA_USDT	+0.0005%	8h	375.83	+0.040%	$2.3M	$3.5M	100x	as long as short
Aftermath Perps TSLAUSD	+0.0022%	1h	375.54	−0.037%	$38K	$39K	10x	as long as short
Lighter RH TSLAshort	+0.0032%	1h	375.78	+0.027%	$1.2M	$2.6M	20x
Arcus TSLA-USD	+0.0040%	1h	375.49	−0.051%	$134K	$107K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	375.72	+0.011%	—	$128K	25x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	375.57	−0.029%	$44.4M	$14.8M	20x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	375.64	−0.011%	$300K	$307K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	375.72	+0.011%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	375.39	−0.077%	$1.6M	$1.1M	10x	as long as short
QFEX TSLA-USD	+0.0052%	1h	375.82	+0.037%	$1.2M	$6.2M	10x	as long as short
RISEx TSLA/USDC	+0.0054%	1h	375.92	+0.064%	$217K	$618K	20x	as long as short
Hotstuff TSLA-PERP	+0.0088%	1h	375.48	−0.053%	$34K	—	20x	as long as short
Pacifica TSLA	+0.0100%	1h	375.74	+0.017%	$390K	$37K	10x	as long as short
KuCoin TSLAUSDTMlong	+0.0100%	8h	375.68	long leg	$1.5M	$108K	20x
ApeX Omni TSLAUSDT	+0.0100%	1h	375.56	−0.032%	$4K	$62K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	375.76	+0.021%	$41K	$23K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	375.72	+0.010%	$744	—	10x	as long as short
Coinbase International TSLA-PERP-INTX	+0.0112%	1h	376.13	+0.120%	$511K	$337K	10x	as long as short
Lighter TSLA	+0.0120%	1h	375.80	+0.032%	$829K	$3.7M	20x	as long as short
Deribit TSLA_USDC-PERPETUAL	+0.0149%	1h	375.68	0.000%	$18K	$193K	10x	as long as short
GRVT TSLA_USDT_Perp	+0.0161%	8h	375.74	+0.016%	$852K	$2.8M	10x	as long as short
Bullet TSLA-USD	+0.0166%	1h	375.79	+0.030%	$4K	$89K	10x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	379.71	+1.073%	$79K	$36K	30x	as long as short
Nado TSLA-PERP	+0.0251%	1h	375.60	−0.023%	$487K	$113K	20x	as long as short
Phoenix TSLA	+0.0298%	1h	375.88	+0.053%	$1.3M	$528K	20x	as long as short