Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h 0.000%

Price spread now: Aster against Lighter RH+0.040%7-day average +0.046% · you sell dearer than you buy

Net, funding: paid 7d − costs−$20as in the Funding arb table

Net, price: spread back to 7d avg − costs−$17as in the Price arb table

costs, in and out, $10k−$160.164% of the position

Long on Lighter RH Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days−0.037%−$4 on $10k

Price spread, last 7 days−0.006%−$1 · spread now +0.040%, 7d avg +0.046%

Together, before fees−0.043%+ Points / potential airdropLighter RH: Points live · Aster: Stage 5 · farm board−$4 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.046%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter RH TSLA	376.63	0.0032	pay 0.0004% / 1h	21m 21s	$1.2M	$2.6M	20x
Short	Aster TSLAUSDT	376.78	0	get 0.0000% / 8h	4h 21m	$577K	$196K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Lighter RH. 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 Lighter RHbpFee AsterbpOrdersPrice spread, now +0.040%Rate

Funding earned: −$6.72
Price spread: +0.040% → +0.046%: −$0.61
Slippage, 4 orders: −$8.44
Fee Lighter RH: 0 bp × 2 orders: $0
Fee Aster: 4 bp × 2 orders: −$8
Net: −$23.77
Costs to cover: 0.164%
Break-even: never at this rate

Slippage from Lighter RH: live order book, 2 min ago; Aster: live order book, 36 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 Lighter RH live order book, 2 min ago	1.59 bp	1.7 bp −$2	4.9 bp −$49	44.8 bp −$4,478	doesn't fit
Sell Aster live order book, 36 min ago	1.33 bp	7.0 bp −$7	52.0 bp −$520	doesn't fit	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	−0.0998%	4h	376.53	−0.026%	$398K	$1.0M	10x	as long as short
Hotstuff TSLA-PERP	−0.0040%	1h	376.36	−0.072%	$34K	—	20x	as long as short
BloFin TSLA-USDT	−0.0003%	8h	376.63	0.000%	$577K	$353K	20x	as long as short
Aster TSLAUSDTshort	0.0000%	8h	376.78	+0.040%	$577K	$196K	50x
Extended TSLA_24_5-USD	0.0000%	1h	376.63	0.000%	$481K	$3.9M	10x	as long as short
Binance TSLAUSDT	0.0000%	8h	376.73	+0.027%	$47.3M	$111.1M	25x	as long as short
Bybit TSLAUSDT	0.0000%	8h	376.83	+0.053%	$10.3M	$15.4M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	376.71	+0.021%	$11.3M	$16.9M	25x	as long as short
RISEx TSLA/USDC	0.0000%	1h	376.74	+0.028%	$290K	$587K	20x	as long as short
Bitget TSLAUSDT	0.0000%	8h	376.66	+0.008%	$17.0M	$23.0M	100x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni TSLA	0.0000%	8h	376.55	−0.022%	$1.9M	$1.4M	—	as long as short
StandX TSLA-USD	0.0000%	1h	376.71	+0.021%	$200K	$906K	20x	as long as short
Phemex TSLAUSDT	0.0000%	4h	376.68	+0.013%	$1.1M	$14K	10x	as long as short
Aftermath Perps TSLAUSD	+0.0016%	1h	376.50	−0.033%	$38K	$41K	10x	as long as short
Lighter TSLA	+0.0032%	1h	376.64	+0.003%	$815K	$3.6M	20x	as long as short
Lighter RH TSLAlong	+0.0032%	1h	376.63	long leg	$1.2M	$2.6M	20x
QFEX TSLA-USD	+0.0038%	1h	376.68	+0.013%	$1.2M	$6.5M	10x	as long as short
Arcus TSLA-USD	+0.0040%	1h	376.46	−0.045%	$140K	$96K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	376.65	+0.005%	—	$130K	25x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	376.45	−0.048%	$44.3M	$14.4M	20x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	376.52	−0.029%	$301K	$309K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	376.63	0.000%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	376.30	−0.088%	$1.6M	$1.1M	10x	as long as short
Bullet TSLA-USD	+0.0053%	1h	376.72	+0.024%	$4K	$92K	10x	as long as short
GRVT TSLA_USDT_Perp	+0.0056%	8h	376.71	+0.021%	$854K	$2.8M	10x	as long as short
Coinbase International TSLA-PERP-INTX	+0.0056%	1h	376.45	−0.048%	$512K	$330K	10x	as long as short
Gate TSLA_USDT	+0.0081%	8h	376.71	+0.021%	$2.3M	$3.6M	100x	as long as short
Deribit TSLA_USDC-PERPETUAL	+0.0095%	1h	376.59	−0.011%	$20K	$188K	10x	as long as short
Pacifica TSLA	+0.0100%	1h	376.49	−0.037%	$390K	$38K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	376.58	−0.013%	$1.5M	$105K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	376.40	−0.061%	$4K	$61K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	376.66	+0.008%	$41K	$23K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	376.64	+0.003%	$746	—	10x	as long as short
Nado TSLA-PERP	+0.0145%	1h	376.50	−0.035%	$490K	$112K	20x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	377.69	+0.281%	$79K	$36K	30x	as long as short
Phoenix TSLA	+0.0255%	1h	376.85	+0.058%	$1.3M	$539K	20x	as long as short