Settings8H · net · $10k
Funding arb · Price arb /

TSLA

RWAall TSLA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0016%/8h= +1.7% APRnext payment +$0.02 per $10,000 · paid last 24h +0.003%
Price spread now: QFEX against Lighter RH+0.003%7-day average −0.006% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$14as in the Price arb table
costs, in and out, $10k−$150.150% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.011%−$1 on $10k
Price spread, last 7 days−0.053%−$5 · spread now +0.003%, 7d avg −0.006%
Together, before fees−0.064%+ Points / potential airdropLighter RH: Points live · farm board−$6 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.006%, so right now this pair is about funding alone: $0 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter RH TSLA375.670.0032pay 0.0004% / 1h40m 55s$1.2M$2.5M20x
ShortQFEX TSLA-USD375.680.0048get 0.0006% / 1h40m 55s$1.2M$6.2M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

QFEX 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

Funding earned
$3.33
Price spread: +0.003% → −0.006%
$0.91
Slippage, 4 orders
−$5
Fee Lighter RH: 0 bp × 2 orders
$0
Fee QFEX: 5 bp × 2 orders
−$10
Net
−$10.77
Costs to cover
0.150%
Break-even
29.7 days
Slippage from Lighter RH: live order book, 2 min ago; QFEX: live order book, 8 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 RH live order book, 2 min ago1.06 bp1.2 bp −$15.1 bp −$5142.7 bp −$4,274doesn't fit
Sell QFEX live order book, 8 min ago1.33 bp6.3 bp −$66.5 bp −$6511.5 bp −$1,145doesn'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−0.0335%4h376.12+0.120%$398K$1.0M10xas long as short
Bybit TSLAUSDT0.0000%8h375.68+0.003%$10.2M$15.3M100xas long as short
OKX TSLA-USDT-SWAP0.0000%8h375.69+0.005%$11.2M$16.8M25xas long as short
Gate TSLA_USDT0.0000%8h375.69+0.005%$2.3M$3.3M100xas long as short
Bitget TSLAUSDT0.0000%8h375.65−0.005%$17.3M$23.0M100xas long as short
StandX TSLA-USD0.0000%1h375.90+0.061%$199K$929K20xas long as short
Deribit TSLA_USDC-PERPETUAL0.0000%1h375.57−0.027%$18K$190K10xas long as short
Phemex TSLAUSDT0.0000%4h375.79+0.032%$1.1M$14K10xas long as short
Aster TSLAUSDT+0.0012%8h375.89+0.059%$574K$200K50xas long as short
Aftermath Perps TSLAUSD+0.0029%1h375.75+0.021%$38K$36K10xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter TSLA+0.0032%1h375.66−0.003%$804K$3.7M20xas long as short
Lighter RH TSLAlong+0.0032%1h375.67long leg$1.2M$2.5M20x
Arcus TSLA-USD+0.0040%1h375.56−0.029%$134K$107K10xas long as short
Vest TSLA-USD-PERP+0.0046%1h375.70+0.008%$126K25xas long as short
QFEX TSLA-USDshort+0.0048%1h375.68+0.003%$1.2M$6.2M10x
Variational Omni TSLA+0.0050%8h376.08+0.110%$1.8M$1.3Mas long as short
tradeXYZ xyz:TSLA+0.0050%1h375.50−0.045%$44.5M$14.7M20xas long as short
Polymarket Perps TSLA-USD+0.0050%1h375.48−0.051%$300K$161K10xas long as short
SoDEX TSLA-USD+0.0050%1h375.66−0.003%$4K$3K10xas long as short
Ondo Perps TSLA-USD.P+0.0050%1h375.63−0.011%$1.6M$1.1M10xas long as short
Bullet TSLA-USD+0.0059%1h375.73+0.017%$6K$92K10xas long as short
Extended TSLA_24_5-USD+0.0072%1h375.65−0.004%$483K$2.7M10xas long as short
Binance TSLAUSDT+0.0074%8h375.75+0.021%$47.0M$114.4M25xas long as short
BloFin TSLA-USDT+0.0087%8h375.79+0.032%$580K$358K20xas long as short
Pacifica TSLA+0.0100%1h375.55−0.032%$389K$36K10xas long as short
KuCoin TSLAUSDTM+0.0100%8h375.670.000%$1.5M$2.2M20xas long as short
ApeX Omni TSLAUSDT+0.0100%1h376.02+0.093%$4K$62K50xas long as short
Orderly PERP_TSLA_USDC+0.0100%8h375.55−0.032%$41K$23K20xas long as short
Aevo TSLA-PERP+0.0104%1h375.66−0.002%$74410xas long as short
GRVT TSLA_USDT_Perp+0.0106%8h375.91+0.064%$850K$2.9M10xas long as short
Nado TSLA-PERP+0.0145%1h375.58−0.025%$497K$116K20xas long as short
Hotstuff TSLA-PERP+0.0152%1h375.90+0.061%$34K20xas long as short
Coinbase International TSLA-PERP-INTX+0.0160%1h375.49−0.048%$506K$356K10xas long as short
Injective TSLA/USDC PERP+0.0220%1h379.64+1.057%$79K$37K30xas long as short
RISEx TSLA/USDC+0.0290%1h375.82+0.040%$215K$653K20xas long as short
Phoenix TSLA+0.0404%1h376.13+0.122%$1.3M$507K20xas long as short