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+0.0134%/8h= +14.6% APRnext payment +$0.17 per $10,000 · paid last 24h −0.020%
Price spread now: Nado against Lighter−0.054%47s7-day average −0.019% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$270.268% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.094%−$9 on $10k
Price spread, last 4 days (all we have)−0.179%−$18 · spread now −0.054%, 7d avg −0.019%
Together, before fees−0.273%+ Points / potential airdropLighter: Season 3 · Nado: Active · farm board−$27 on $10k · with fees, hour by hour
Funding pays, the price is against you. Nado is 0.035% cheaper against Lighter than usual: you would sell low and buy high (spread −0.054% now, against its 7-day average of −0.019%). If the spread goes back, that is −$4 on $10k: about 21 hours of funding at the current rate (+$4 a day). Mind the row above: over the last 3 days funding on this pair cost −0.094%, so the current rate has only just turned in your favour. The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter TSLA377.150.0056pay 0.0007% / 1h4m 42s$820K$3.6M20x
ShortNado TSLA-PERP376.950.0190get 0.0024% / 1h4m 42s$490K$112K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado 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
$28.04
Price spread: −0.054% → −0.019%
−$3.5
Slippage, 4 orders
−$19.81
Fee Lighter: 0 bp × 2 orders
$0
Fee Nado: 3.5 bp × 2 orders
−$7
Net
−$2.28
Costs to cover
0.268%
Break-even
7.6 days
Slippage from Lighter: live order book, 3 min ago; Nado: live order book, 58 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, 3 min ago0.80 bp1.1 bp −$11.9 bp −$1944.0 bp −$4,399doesn't fit
Sell Nado live order book, 58 min ago4.51 bp14.0 bp −$1431.2 bp −$312doesn'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−0.0824%4h377.09−0.015%$398K$1.0M10xas long as short
BloFin TSLA-USDT−0.0013%8h377.19+0.011%$577K$354K20xas long as short
Aster TSLAUSDT0.0000%8h377.22+0.018%$578K$196K50xas long as short
Extended TSLA_24_5-USD0.0000%1h377.06−0.023%$484K$5.8M10xas long as short
Binance TSLAUSDT0.0000%8h377.20+0.013%$47.4M$110.9M25xas long as short
Bybit TSLAUSDT0.0000%8h377.25+0.027%$10.3M$15.4M100xas long as short
OKX TSLA-USDT-SWAP0.0000%8h377.12−0.008%$11.2M$16.9M25xas long as short
RISEx TSLA/USDC0.0000%1h377.21+0.016%$290K$586K20xas long as short
Bitget TSLAUSDT0.0000%8h377.10−0.013%$17.1M$22.9M100xas long as short
Variational Omni TSLA0.0000%8h377.03−0.031%$1.9M$1.4Mas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX TSLA-USD0.0000%1h377.16+0.003%$200K$909K20xas long as short
Deribit TSLA_USDC-PERPETUAL0.0000%1h376.97−0.048%$20K$188K10xas long as short
Coinbase International TSLA-PERP-INTX0.0000%1h377.04−0.029%$513K$331K10xas long as short
Phemex TSLAUSDT0.0000%4h377.19+0.011%$1.1M$14K10xas long as short
Aftermath Perps TSLAUSD+0.0015%1h377.09−0.017%$38K$43K10xas long as short
QFEX TSLA-USD+0.0019%1h377.12−0.008%$1.2M$6.6M10xas long as short
Lighter RH TSLA+0.0032%1h377.12−0.008%$1.2M$2.6M20xas long as short
Arcus TSLA-USD+0.0040%1h376.95−0.053%$162K$96K10xas long as short
Vest TSLA-USD-PERP+0.0046%1h377.09−0.016%$130K25xas long as short
Hotstuff TSLA-PERP+0.0048%1h376.80−0.093%$34K20xas long as short
tradeXYZ xyz:TSLA+0.0050%1h376.85−0.080%$44.3M$14.3M20xas long as short
Polymarket Perps TSLA-USD+0.0050%1h377.07−0.021%$301K$309K10xas long as short
SoDEX TSLA-USD+0.0050%1h377.10−0.013%$4K$3K10xas long as short
Ondo Perps TSLA-USD.P+0.0050%1h376.82−0.087%$1.6M$1.1M10xas long as short
GRVT TSLA_USDT_Perp+0.0055%8h377.19+0.010%$846K$2.8M10xas long as short
Lighter TSLAlong+0.0056%1h377.15long leg$820K$3.6M20x
Bullet TSLA-USD+0.0098%1h377.18+0.008%$5K$92K10xas long as short
Pacifica TSLA+0.0100%1h376.92−0.060%$391K$38K10xas long as short
KuCoin TSLAUSDTM+0.0100%8h376.96−0.050%$1.5M$105K20xas long as short
ApeX Omni TSLAUSDT+0.0100%1h376.89−0.069%$4K$61K50xas long as short
Orderly PERP_TSLA_USDC+0.0100%8h377.11−0.011%$41K$24K20xas long as short
Aevo TSLA-PERP+0.0104%1h377.09−0.015%$74710xas long as short
Gate TSLA_USDT+0.0129%8h377.16+0.003%$2.3M$3.7M100xas long as short
Nado TSLA-PERPshort+0.0190%1h376.95−0.054%$490K$112K20x
Injective TSLA/USDC PERP+0.0220%1h378.16+0.268%$79K$36K30xas long as short
Phoenix TSLA+0.0254%1h377.09−0.016%$1.3M$539K20xas long as short