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−0.0096%/8h= −10.5% APRnext payment $0.12 per $10,000 · paid last 24h +0.016%
Price spread now: Arcus against Lighter−0.016%7-day average −0.055% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$17as in the Price arb table
costs, in and out, $10k−$210.212% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.042%+$4 on $10k
Price spread, last 4 days (all we have)−0.026%−$3 · spread now −0.016%, 7d avg −0.055%
Together, before fees+0.016%+ Points / potential airdropLighter: Season 3 · farm board+$2 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Arcus is 0.039% dearer against Lighter than usual: you sell high and buy low (spread −0.016% now, against its 7-day average of −0.055%): +$4 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 33 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter TSLA375.810.0136pay 0.0017% / 1h33m 03s$832K$3.7M20x
ShortArcus TSLA-USD375.750.0040get 0.0005% / 1h33m 03s$135K$107K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Arcus against Lighter. 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
−$20.1
Price spread: −0.016% → −0.055%
$3.93
Slippage, 4 orders
−$16.73
Fee Lighter: 0 bp × 2 orders
$0
Fee Arcus: 2.25 bp × 2 orders
−$4.5
Net
−$37.4
Costs to cover
0.212%
Break-even
never at this rate
Slippage from Lighter: live order book, 4 min ago; Arcus: live order book, 15 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 Lighter live order book, 4 min ago0.27 bp1.1 bp −$12.2 bp −$2262.8 bp −$6,275doesn't fit
Sell Arcus live order book, 15 min ago2.93 bp9.7 bp −$1010.9 bp −$109doesn't fitdoesn'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−0.0175%4h376.13+0.084%$398K$1.0M10xas long as short
BloFin TSLA-USDT−0.0027%8h375.92+0.029%$579K$354K20xas long as short
Aster TSLAUSDT0.0000%8h376.01+0.054%$575K$198K50xas long as short
Extended TSLA_24_5-USD0.0000%1h375.76−0.014%$479K$2.7M10xas long as short
Binance TSLAUSDT0.0000%8h375.86+0.015%$47.0M$112.7M25xas long as short
Bybit TSLAUSDT0.0000%8h375.82+0.003%$10.2M$15.4M100xas long as short
OKX TSLA-USDT-SWAP0.0000%8h375.84+0.008%$11.2M$16.9M25xas long as short
Bitget TSLAUSDT0.0000%8h375.810.000%$17.1M$22.7M100xas long as short
Variational Omni TSLA0.0000%8h376.08+0.071%$1.9M$1.3Mas long as short
StandX TSLA-USD0.0000%1h376.10+0.077%$200K$917K20xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit TSLA_USDC-PERPETUAL0.0000%1h375.77−0.011%$18K$193K10xas long as short
Phemex TSLAUSDT0.0000%4h375.88+0.019%$1.1M$14K10xas long as short
Gate TSLA_USDT+0.0016%8h375.92+0.029%$2.3M$3.5M100xas long as short
Aftermath Perps TSLAUSD+0.0024%1h375.79−0.005%$38K$40K10xas long as short
Lighter RH TSLA+0.0032%1h375.78−0.008%$1.2M$2.6M20xas long as short
Arcus TSLA-USDshort+0.0040%1h375.75−0.016%$135K$107K10x
Vest TSLA-USD-PERP+0.0046%1h375.93+0.032%$128K25xas long as short
tradeXYZ xyz:TSLA+0.0050%1h375.61−0.053%$44.5M$14.8M20xas long as short
Polymarket Perps TSLA-USD+0.0050%1h375.77−0.011%$300K$307K10xas long as short
SoDEX TSLA-USD+0.0050%1h375.77−0.011%$4K$3K10xas long as short
Ondo Perps TSLA-USD.P+0.0050%1h375.56−0.067%$1.6M$1.1M10xas long as short
QFEX TSLA-USD+0.0052%1h375.98+0.045%$1.2M$6.2M10xas long as short
RISEx TSLA/USDC+0.0054%1h376.00+0.049%$289K$580K20xas long as short
Hotstuff TSLA-PERP+0.0072%1h375.70−0.029%$34K20xas long as short
Pacifica TSLA+0.0100%1h375.78−0.008%$390K$37K10xas long as short
KuCoin TSLAUSDTM+0.0100%8h375.74−0.019%$1.5M$105K20xas long as short
ApeX Omni TSLAUSDT+0.0100%1h375.810.000%$4K$62K50xas long as short
Orderly PERP_TSLA_USDC+0.0100%8h375.85+0.011%$41K$23K20xas long as short
Aevo TSLA-PERP+0.0104%1h375.83+0.005%$74410xas long as short
Coinbase International TSLA-PERP-INTX+0.0112%1h376.13+0.085%$511K$337K10xas long as short
Lighter TSLAlong+0.0136%1h375.81long leg$832K$3.7M20x
GRVT TSLA_USDT_Perp+0.0155%8h376.12+0.084%$842K$2.8M10xas long as short
Bullet TSLA-USD+0.0182%1h375.90+0.025%$4K$89K10xas long as short
Injective TSLA/USDC PERP+0.0220%1h379.71+1.038%$79K$36K30xas long as short
Nado TSLA-PERP+0.0269%1h375.80−0.003%$489K$112K20xas long as short
Phoenix TSLA+0.0298%1h376.10+0.077%$1.3M$528K20xas long as short