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

TSLA

RWAall TSLA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h −0.033%
Price spread now: Aster against Lighter−0.035%7-day average +0.051% · you buy dearer than you sell
Net, funding: paid 7d − costs−$24as in the Funding arb table
Net, price: spread back to 7d avg − costs−$23as in the Price arb table
costs, in and out, $10k−$150.149% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.087%−$9 on $10k
Price spread, last 7 days+0.074%+$7 · spread now −0.035%, 7d avg +0.051%
Together, before fees−0.014%+ Points / potential airdropLighter: Season 3 · Aster: Stage 5 · farm board−$1 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Aster is 0.085% cheaper against Lighter than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of +0.051%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter TSLA375.420.0032pay 0.0004% / 1h48m 26s$652K$3.3M20x
ShortAster TSLAUSDT375.290get 0.0000% / 8h48m 26s$584K$191K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster 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
−$6.72
Price spread: −0.035% → +0.051%
−$8.53
Slippage, 4 orders
−$6.87
Fee Lighter: 0 bp × 2 orders
$0
Fee Aster: 4 bp × 2 orders
−$8
Net
−$30.12
Costs to cover
0.149%
Break-even
never at this rate
Slippage from Lighter: live order book, 4 min ago; Aster: live order book, 29 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 ago0.13 bp0.2 bp $01.5 bp −$1566.7 bp −$6,667doesn't fit
Sell Aster live order book, 29 min ago1.20 bp7.1 bp −$770.5 bp −$705doesn'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−0.0546%4h375.33−0.025%$397K$1.0M10xas long as short
Nado TSLA-PERP−0.0048%1h375.35−0.019%$485K$90K20xas long as short
Aster TSLAUSDTshort0.0000%8h375.29−0.035%$584K$191K50x
Extended TSLA_24_5-USD0.0000%1h375.37−0.013%$478K$10.6M10xas long as short
Binance TSLAUSDT0.0000%8h375.44+0.005%$46.9M$110.0M25xas long as short
Bybit TSLAUSDT0.0000%8h375.56+0.037%$10.2M$15.4M100xas long as short
OKX TSLA-USDT-SWAP0.0000%8h375.46+0.011%$11.2M$16.8M25xas long as short
Gate TSLA_USDT0.0000%8h375.43+0.003%$2.3M$4.1M100xas long as short
Bitget TSLAUSDT0.0000%8h375.36−0.016%$16.7M$22.6M100xas long as short
Variational Omni TSLA0.0000%8h375.34−0.022%$1.8M$1.2Mas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX TSLA-USD0.0000%1h375.420.000%$199K$899K20xas long as short
Bullet TSLA-USD0.0000%1h375.42−0.001%$5K$91K10xas long as short
Deribit TSLA_USDC-PERPETUAL0.0000%1h375.40−0.005%$20K$187K10xas long as short
Phemex TSLAUSDT0.0000%4h375.35−0.019%$1.1M$13K10xas long as short
Aftermath Perps TSLAUSD+0.0012%1h375.15−0.073%$38K$48K10xas long as short
BloFin TSLA-USDT+0.0012%8h375.43+0.003%$523K$341K20xas long as short
QFEX TSLA-USD+0.0031%1h375.35−0.019%$1.2M$7.2M10xas long as short
Lighter TSLAlong+0.0032%1h375.42long leg$652K$3.3M20x
Lighter RH TSLA+0.0032%1h375.45+0.008%$1.2M$2.6M20xas long as short
Vest TSLA-USD-PERP+0.0046%1h375.43+0.003%$133K25xas long as short
tradeXYZ xyz:TSLA+0.0050%1h375.22−0.053%$44.2M$14.7M20xas long as short
Polymarket Perps TSLA-USD+0.0050%1h375.21−0.056%$297K$292K10xas long as short
SoDEX TSLA-USD+0.0050%1h375.31−0.029%$4K$3K10xas long as short
Ondo Perps TSLA-USD.P+0.0050%1h375.10−0.085%$1.6M$1.0M10xas long as short
Hotstuff TSLA-PERP+0.0080%1h375.20−0.059%$34K20xas long as short
Arcus TSLA-USD+0.0083%1h375.28−0.037%$153K$84K10xas long as short
RISEx TSLA/USDC+0.0085%1h375.47+0.013%$185K$536K20xas long as short
Pacifica TSLA+0.0100%1h375.26−0.041%$389K$38K10xas long as short
KuCoin TSLAUSDTM+0.0100%8h375.13−0.077%$1.5M$160K20xas long as short
ApeX Omni TSLAUSDT+0.0100%1h375.21−0.056%$4K$62K50xas long as short
Orderly PERP_TSLA_USDC+0.0100%8h375.24−0.048%$41K$21K20xas long as short
Aevo TSLA-PERP+0.0104%1h375.35−0.018%$74310xas long as short
Coinbase International TSLA-PERP-INTX+0.0120%1h375.11−0.083%$529K$328K10xas long as short
GRVT TSLA_USDT_Perp+0.0122%8h375.43+0.003%$848K$2.7M10xas long as short
Injective TSLA/USDC PERP+0.0220%1h376.07+0.173%$78K$36K30xas long as short
Phoenix TSLA+0.0362%1h375.45+0.008%$1.3M$547K20xas long as short