Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h −0.010%

Price spread now: Bybit against Lighter RH+0.032%7-day average +0.048% · you sell dearer than you buy

Net, funding: paid 7d − costs−$25as in the Funding arb table

Net, price: spread back to 7d avg − costs−$20as in the Price arb table

costs, in and out, $10k−$180.183% of the position

Long on Lighter RH Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.062%−$6 on $10k

Price spread, last 7 days+0.009%+$1 · spread now +0.032%, 7d avg +0.048%

Together, before fees−0.053%+ Points / potential airdropLighter RH: Points live · farm board−$5 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.048%, 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	377.08	0.0032	pay 0.0004% / 1h	9m 47s	$1.2M	$2.6M	20x
Short	Bybit TSLAUSDT	377.20	0	get 0.0000% / 8h	5h 09m	$10.3M	$15.4M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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 BybitbpOrdersPrice spread, now +0.032%Rate

Funding earned: −$6.72
Price spread: +0.032% → +0.048%: −$1.61
Slippage, 4 orders: −$7.35
Fee Lighter RH: 0 bp × 2 orders: $0
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$26.67
Costs to cover: 0.183%
Break-even: never at this rate

Slippage from Lighter RH: live order book, 3 min ago; Bybit: live order book, 4 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, 3 min ago	1.72 bp	1.7 bp −$2	5.9 bp −$59	48.1 bp −$4,815	doesn't fit
Sell Bybit live order book, 4 min ago	0.26 bp	7.2 bp −$7	10.5 bp −$105	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	−0.0699%	4h	377.14	+0.015%	$398K	$1.0M	10x	as long as short
Aster TSLAUSDT	0.0000%	8h	377.16	+0.022%	$578K	$196K	50x	as long as short
Extended TSLA_24_5-USD	0.0000%	1h	377.02	−0.015%	$484K	$6.0M	10x	as long as short
Binance TSLAUSDT	0.0000%	8h	377.12	+0.010%	$47.4M	$110.8M	25x	as long as short
Bybit TSLAUSDTshort	0.0000%	8h	377.20	+0.032%	$10.3M	$15.4M	100x
OKX TSLA-USDT-SWAP	0.0000%	8h	377.09	+0.003%	$11.2M	$16.9M	25x	as long as short
RISEx TSLA/USDC	0.0000%	1h	377.19	+0.030%	$290K	$586K	20x	as long as short
Bitget TSLAUSDT	0.0000%	8h	377.03	−0.013%	$17.1M	$22.9M	100x	as long as short
Variational Omni TSLA	0.0000%	8h	377.06	−0.005%	$1.9M	$1.4M	—	as long as short
StandX TSLA-USD	0.0000%	1h	377.15	+0.019%	$200K	$909K	20x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit TSLA_USDC-PERPETUAL	0.0000%	1h	376.93	−0.040%	$20K	$188K	10x	as long as short
Coinbase International TSLA-PERP-INTX	0.0000%	1h	377.04	−0.011%	$513K	$331K	10x	as long as short
Phemex TSLAUSDT	0.0000%	4h	377.13	+0.013%	$1.1M	$14K	10x	as long as short
BloFin TSLA-USDT	+0.0012%	8h	377.16	+0.021%	$578K	$354K	20x	as long as short
Aftermath Perps TSLAUSD	+0.0014%	1h	377.09	+0.001%	$38K	$43K	10x	as long as short
QFEX TSLA-USD	+0.0019%	1h	377.08	0.000%	$1.2M	$6.6M	10x	as long as short
Lighter RH TSLAlong	+0.0032%	1h	377.08	long leg	$1.2M	$2.6M	20x
Arcus TSLA-USD	+0.0040%	1h	376.98	−0.027%	$162K	$96K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	377.08	0.000%	—	$130K	25x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	376.78	−0.080%	$44.3M	$14.3M	20x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	376.97	−0.029%	$301K	$309K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	377.04	−0.011%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	376.80	−0.074%	$1.6M	$1.1M	10x	as long as short
GRVT TSLA_USDT_Perp	+0.0053%	8h	377.30	+0.057%	$846K	$2.8M	10x	as long as short
Lighter TSLA	+0.0064%	1h	377.09	+0.003%	$819K	$3.6M	20x	as long as short
Hotstuff TSLA-PERP	+0.0080%	1h	376.81	−0.072%	$34K	—	20x	as long as short
Bullet TSLA-USD	+0.0095%	1h	377.10	+0.006%	$5K	$92K	10x	as long as short
Pacifica TSLA	+0.0100%	1h	376.93	−0.040%	$390K	$37K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	376.97	−0.029%	$1.5M	$105K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	377.00	−0.021%	$4K	$62K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	376.89	−0.050%	$41K	$24K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	377.02	−0.017%	$746	—	10x	as long as short
Gate TSLA_USDT	+0.0126%	8h	377.11	+0.008%	$2.3M	$3.7M	100x	as long as short
Nado TSLA-PERP	+0.0181%	1h	376.97	−0.030%	$490K	$112K	20x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	378.16	+0.286%	$79K	$36K	30x	as long as short
Phoenix TSLA	+0.0254%	1h	377.17	+0.024%	$1.3M	$539K	20x	as long as short