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% APRnext payment $0.04 per $10,000 · paid last 24h −0.043%
Price spread now: StandX against Lighter+0.008%7-day average +0.041% · you sell dearer than you buy
Net, funding: paid 7d − costs−$30as in the Funding arb table
Net, price: spread back to 7d avg − costs−$21as in the Price arb table
costs, in and out, $10k−$180.177% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.125%−$12 on $10k
Price spread, last 7 days+0.002%$0 · spread now +0.008%, 7d avg +0.041%
Together, before fees−0.123%+ Points / potential airdropLighter: Season 3 · StandX: Active · farm board−$12 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 StandX is 0.033% cheaper against Lighter than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.041%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter TSLA375.670.0032pay 0.0004% / 1h19m 54s$652K$3.3M20x
ShortStandX TSLA-USD375.700get 0.0000% / 1h19m 54s$199K$893K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

StandX 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: +0.008% → +0.041%
−$3.33
Slippage, 4 orders
−$9.74
Fee Lighter: 0 bp × 2 orders
$0
Fee StandX: 4 bp × 2 orders
−$8
Net
−$27.79
Costs to cover
0.177%
Break-even
never at this rate
Slippage from Lighter: live order book, 3 min ago; StandX: live order book, 59 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 ago0.67 bp0.8 bp −$11.7 bp −$1721.4 bp −$2,137doesn't fit
Sell StandX live order book, 59 min ago2.80 bp7.9 bp −$812.4 bp −$124doesn'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−0.0424%4h375.55−0.032%$397K$1.0M10xas long as short
Aster TSLAUSDT0.0000%8h375.54−0.034%$584K$191K50xas long as short
Extended TSLA_24_5-USD0.0000%1h375.65−0.005%$478K$10.6M10xas long as short
Binance TSLAUSDT0.0000%8h375.71+0.011%$46.9M$110.1M25xas long as short
Bybit TSLAUSDT0.0000%8h375.86+0.051%$10.2M$15.4M100xas long as short
OKX TSLA-USDT-SWAP0.0000%8h375.71+0.011%$11.2M$16.8M25xas long as short
Gate TSLA_USDT0.0000%8h375.72+0.013%$2.3M$4.1M100xas long as short
Bitget TSLAUSDT0.0000%8h375.56−0.029%$16.7M$22.6M100xas long as short
Variational Omni TSLA0.0000%8h375.67+0.001%$1.9M$1.3Mas long as short
StandX TSLA-USDshort0.0000%1h375.70+0.008%$199K$893K20x
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bullet TSLA-USD0.0000%1h375.74+0.019%$5K$90K10xas long as short
Deribit TSLA_USDC-PERPETUAL0.0000%1h375.60−0.019%$20K$187K10xas long as short
Phemex TSLAUSDT0.0000%4h375.62−0.013%$1.1M$13K10xas long as short
BloFin TSLA-USDT0.0000%8h375.72+0.013%$569K$341K20xas long as short
Hotstuff TSLA-PERP+0.0008%1h375.42−0.067%$34K20xas long as short
Aftermath Perps TSLAUSD+0.0009%1h375.52−0.040%$38K$47K10xas long as short
QFEX TSLA-USD+0.0031%1h375.62−0.013%$1.2M$7.2M10xas long as short
Lighter TSLAlong+0.0032%1h375.67long leg$652K$3.3M20x
Lighter RH TSLA+0.0032%1h375.70+0.008%$1.2M$2.6M20xas long as short
Vest TSLA-USD-PERP+0.0046%1h375.64−0.008%$133K25xas long as short
tradeXYZ xyz:TSLA+0.0050%1h375.45−0.059%$44.2M$14.7M20xas long as short
Polymarket Perps TSLA-USD+0.0050%1h375.58−0.024%$297K$307K10xas long as short
SoDEX TSLA-USD+0.0050%1h375.64−0.008%$4K$3K10xas long as short
Ondo Perps TSLA-USD.P+0.0050%1h375.54−0.035%$1.6M$1.0M10xas long as short
Arcus TSLA-USD+0.0083%1h375.50−0.045%$165K$96K10xas long as short
RISEx TSLA/USDC+0.0085%1h375.78+0.029%$255K$577K20xas long as short
Nado TSLA-PERP+0.0093%1h375.55−0.032%$492K$110K20xas long as short
Pacifica TSLA+0.0100%1h375.66−0.003%$389K$38K10xas long as short
KuCoin TSLAUSDTM+0.0100%8h375.50−0.045%$1.5M$160K20xas long as short
ApeX Omni TSLAUSDT+0.0100%1h375.51−0.043%$4K$62K50xas long as short
Orderly PERP_TSLA_USDC+0.0100%8h375.50−0.045%$41K$21K20xas long as short
Aevo TSLA-PERP+0.0104%1h375.66−0.002%$74410xas long as short
Coinbase International TSLA-PERP-INTX+0.0120%1h375.11−0.149%$529K$328K10xas long as short
GRVT TSLA_USDT_Perp+0.0144%8h375.68+0.002%$845K$2.7M10xas long as short
Injective TSLA/USDC PERP+0.0220%1h376.62+0.253%$78K$36K30xas long as short
Phoenix TSLA+0.0362%1h375.59−0.021%$1.3M$547K20xas long as short