Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0068%/8h= +7.4% APRpaid last 24h +0.020%

Price spread now: KuCoin against Lighter RH−0.048%7-day average −0.010% · you buy dearer than you sell

Net, funding: paid 7d − costs−$64as in the Funding arb table

Net, price: spread back to 7d avg − costs−$77as in the Price arb table

costs, in and out, $10k−$730.727% of the position

Long on Lighter RH Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.089%+$9 on $10k

Price spread, last 7 days+0.006%+$1 · spread now −0.048%, 7d avg −0.010%

Together, before fees+0.095%+ Points / potential airdropLighter RH: Points live · farm board+$9 on $10k · with fees, hour by hour

Funding pays, the price is against you. KuCoin is 0.038% cheaper against Lighter RH than usual: you would sell low and buy high (spread −0.048% now, against its 7-day average of −0.010%). If the spread goes back, that is −$4 on $10k: about 45 hours of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter RH TSLA	376.56	0.0032	pay 0.0004% / 1h	10m 54s	$1.3M	$2.6M	20x
Short	KuCoin TSLAUSDTM	376.38	0.0100	get 0.0100% / 8h	2h 10m	$1.5M	$108K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now −0.048%Rate

Funding earned: $14.28
Price spread: −0.048% → −0.010%: −$3.82
Slippage, 4 orders: −$60.75
Fee Lighter RH: 0 bp × 2 orders: $0
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$62.29
Costs to cover: 0.727%
Break-even: 37.5 days

Slippage from Lighter RH: live order book, 2 min ago; KuCoin: live order book, 5 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	1.46 bp	2.7 bp −$3	6.5 bp −$65	43.2 bp −$4,315	doesn't fit
Sell KuCoin live order book, 5 min ago	2.53 bp	44.4 bp −$44	doesn't fit	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	−0.0780%	4h	376.37	−0.050%	$398K	$1.0M	10x	as long as short
Hotstuff TSLA-PERP	−0.0040%	1h	375.84	−0.191%	$34K	—	20x	as long as short
BloFin TSLA-USDT	−0.0005%	8h	376.69	+0.035%	$575K	$355K	20x	as long as short
Aster TSLAUSDT	0.0000%	8h	376.48	−0.021%	$575K	$199K	50x	as long as short
Extended TSLA_24_5-USD	0.0000%	1h	376.58	+0.006%	$479K	$2.7M	10x	as long as short
Binance TSLAUSDT	0.0000%	8h	376.69	+0.035%	$47.3M	$113.1M	25x	as long as short
Bybit TSLAUSDT	0.0000%	8h	376.66	+0.027%	$10.2M	$15.4M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	376.63	+0.019%	$11.2M	$16.9M	25x	as long as short
Gate TSLA_USDT	0.0000%	8h	376.65	+0.024%	$2.3M	$3.6M	100x	as long as short
Bitget TSLAUSDT	0.0000%	8h	376.62	+0.016%	$17.1M	$22.7M	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	376.23	−0.087%	$1.9M	$1.3M	—	as long as short
StandX TSLA-USD	0.0000%	1h	376.26	−0.080%	$200K	$917K	20x	as long as short
Phemex TSLAUSDT	0.0000%	4h	376.60	+0.011%	$1.1M	$14K	10x	as long as short
Aftermath Perps TSLAUSD	+0.0020%	1h	376.06	−0.133%	$38K	$39K	10x	as long as short
Lighter RH TSLAlong	+0.0032%	1h	376.56	long leg	$1.3M	$2.6M	20x
Arcus TSLA-USD	+0.0040%	1h	376.11	−0.120%	$135K	$107K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	376.49	−0.019%	—	$125K	25x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	376.34	−0.058%	$44.6M	$14.8M	20x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	376.44	−0.032%	$301K	$307K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	376.60	+0.011%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	376.22	−0.090%	$1.6M	$1.1M	10x	as long as short
QFEX TSLA-USD	+0.0052%	1h	376.57	+0.003%	$1.2M	$6.2M	10x	as long as short
RISEx TSLA/USDC	+0.0054%	1h	376.70	+0.037%	$217K	$618K	20x	as long as short
Pacifica TSLA	+0.0100%	1h	376.28	−0.074%	$390K	$36K	10x	as long as short
KuCoin TSLAUSDTMshort	+0.0100%	8h	376.38	−0.048%	$1.5M	$108K	20x
ApeX Omni TSLAUSDT	+0.0100%	1h	376.10	−0.122%	$4K	$62K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	376.69	+0.035%	$41K	$23K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	376.60	+0.012%	$746	—	10x	as long as short
Coinbase International TSLA-PERP-INTX	+0.0112%	1h	376.13	−0.114%	$511K	$337K	10x	as long as short
Lighter TSLA	+0.0120%	1h	376.62	+0.016%	$829K	$3.7M	20x	as long as short
Deribit TSLA_USDC-PERPETUAL	+0.0149%	1h	376.51	−0.013%	$18K	$193K	10x	as long as short
GRVT TSLA_USDT_Perp	+0.0167%	8h	376.29	−0.070%	$854K	$2.8M	10x	as long as short
Bullet TSLA-USD	+0.0179%	1h	376.69	+0.035%	$5K	$90K	10x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	379.54	+0.791%	$79K	$36K	30x	as long as short
Nado TSLA-PERP	+0.0236%	1h	376.41	−0.041%	$488K	$110K	20x	as long as short
Phoenix TSLA	+0.0298%	1h	376.28	−0.074%	$1.3M	$528K	20x	as long as short