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 −0.010%

Price spread now: Bitget against Lighter RH+0.008%7-day average +0.044% · you sell dearer than you buy

Net, funding: paid 7d − costs−$23as in the Funding arb table

Net, price: spread back to 7d avg − costs−$24as in the Price arb table

costs, in and out, $10k−$200.200% of the position

Long on Lighter RH Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.033%−$3 on $10k

Price spread, last 7 days+0.012%+$1 · spread now +0.008%, 7d avg +0.044%

Together, before fees−0.021%+ Points / potential airdropLighter RH: Points live · farm board−$2 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 Bitget is 0.036% cheaper against Lighter RH than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.044%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter RH TSLA	376.62	0.0032	pay 0.0004% / 1h	22m 25s	$1.2M	$2.6M	20x
Short	Bitget TSLAUSDT	376.65	0	get 0.0000% / 8h	4h 22m	$17.0M	$23.0M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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 BitgetbpOrdersPrice spread, now +0.008%Rate

Funding earned: −$6.72
Price spread: +0.008% → +0.044%: −$3.6
Slippage, 4 orders: −$7.99
Fee Lighter RH: 0 bp × 2 orders: $0
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$30.31
Costs to cover: 0.200%
Break-even: never at this rate

Slippage from Lighter RH: live order book, 6 min ago; Bitget: live order book, 1 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, 6 min ago	1.73 bp	1.7 bp −$2	4.5 bp −$45	44.9 bp −$4,487	doesn't fit
Sell Bitget live order book, 1 min ago	0.13 bp	8.5 bp −$8	12.0 bp −$120	25.0 bp −$2,496	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	−0.0441%	4h	376.57	−0.014%	$398K	$1.0M	10x	as long as short
Hotstuff TSLA-PERP	−0.0056%	1h	376.25	−0.098%	$34K	—	20x	as long as short
BloFin TSLA-USDT	−0.0003%	8h	376.63	+0.003%	$577K	$353K	20x	as long as short
Aster TSLAUSDT	0.0000%	8h	376.73	+0.029%	$577K	$196K	50x	as long as short
Extended TSLA_24_5-USD	0.0000%	1h	376.58	−0.010%	$481K	$4.0M	10x	as long as short
Binance TSLAUSDT	0.0000%	8h	376.72	+0.026%	$47.3M	$111.1M	25x	as long as short
Bybit TSLAUSDT	0.0000%	8h	376.77	+0.040%	$10.3M	$15.4M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	376.60	−0.005%	$11.3M	$16.9M	25x	as long as short
RISEx TSLA/USDC	0.0000%	1h	376.72	+0.026%	$290K	$587K	20x	as long as short
Bitget TSLAUSDTshort	0.0000%	8h	376.65	+0.008%	$17.0M	$23.0M	100x

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	−0.020%	$1.9M	$1.4M	—	as long as short
StandX TSLA-USD	0.0000%	1h	376.60	−0.005%	$200K	$905K	20x	as long as short
Phemex TSLAUSDT	0.0000%	4h	376.66	+0.011%	$1.1M	$14K	10x	as long as short
Aftermath Perps TSLAUSD	+0.0016%	1h	376.52	−0.028%	$38K	$41K	10x	as long as short
Lighter TSLA	+0.0032%	1h	376.62	0.000%	$815K	$3.6M	20x	as long as short
Lighter RH TSLAlong	+0.0032%	1h	376.62	long leg	$1.2M	$2.6M	20x
QFEX TSLA-USD	+0.0038%	1h	376.63	+0.003%	$1.2M	$6.5M	10x	as long as short
Arcus TSLA-USD	+0.0040%	1h	376.44	−0.048%	$140K	$96K	10x	as long as short
Deribit TSLA_USDC-PERPETUAL	+0.0042%	1h	376.54	−0.021%	$20K	$188K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	376.61	−0.003%	—	$130K	25x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	376.41	−0.056%	$44.3M	$14.4M	20x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	376.49	−0.035%	$301K	$309K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	376.55	−0.019%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	376.25	−0.098%	$1.6M	$1.1M	10x	as long as short
GRVT TSLA_USDT_Perp	+0.0052%	8h	376.74	+0.031%	$845K	$2.8M	10x	as long as short
Bullet TSLA-USD	+0.0055%	1h	376.72	+0.025%	$5K	$92K	10x	as long as short
Coinbase International TSLA-PERP-INTX	+0.0056%	1h	376.45	−0.045%	$512K	$330K	10x	as long as short
Gate TSLA_USDT	+0.0082%	8h	376.65	+0.008%	$2.3M	$3.6M	100x	as long as short
Pacifica TSLA	+0.0100%	1h	376.46	−0.041%	$390K	$38K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	376.55	−0.019%	$1.5M	$105K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	376.40	−0.058%	$4K	$61K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	376.49	−0.035%	$41K	$23K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	376.51	−0.030%	$745	—	10x	as long as short
Nado TSLA-PERP	+0.0145%	1h	376.49	−0.036%	$490K	$112K	20x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	377.69	+0.284%	$79K	$36K	30x	as long as short
Phoenix TSLA	+0.0255%	1h	376.64	+0.005%	$1.3M	$539K	20x	as long as short