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

TSLA

RWAall TSLA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0032%/8h= −3.5% APRnext payment $0.04 per $10,000 · paid last 24h −0.010%
Price spread now: StandX against Lighter RH+0.013%7-day average +0.038% · 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−$21as in the Price arb table
costs, in and out, $10k−$180.181% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.065%−$6 on $10k
Price spread, last 7 days+0.021%+$2 · spread now +0.013%, 7d avg +0.038%
Together, before fees−0.044%+ Points / potential airdropLighter RH: Points live · StandX: Active · farm board−$4 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 StandX is 0.024% cheaper against Lighter RH than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of +0.038%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter RH TSLA375.220.0032pay 0.0004% / 1h46m 24s$1.2M$2.6M20x
ShortStandX TSLA-USD375.270get 0.0000% / 1h46m 24s$199K$900K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

StandX 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
−$6.72
Price spread: +0.013% → +0.038%
−$2.43
Slippage, 4 orders
−$10.08
Fee Lighter RH: 0 bp × 2 orders
$0
Fee StandX: 4 bp × 2 orders
−$8
Net
−$27.23
Costs to cover
0.181%
Break-even
never at this rate
Slippage from Lighter RH: live order book, 2 min ago; StandX: live order book, 37 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 ago1.47 bp1.8 bp −$24.6 bp −$4646.3 bp −$4,635doesn't fit
Sell StandX live order book, 37 min ago2.53 bp7.3 bp −$712.4 bp −$124doesn't fitdoesn'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−0.0154%4h375.26+0.011%$397K$1.0M10xas long as short
Aster TSLAUSDT0.0000%8h375.11−0.029%$584K$192K50xas long as short
Extended TSLA_24_5-USD0.0000%1h375.16−0.017%$477K$10.6M10xas long as short
Binance TSLAUSDT0.0000%8h375.22−0.001%$46.9M$110.0M25xas long as short
Bybit TSLAUSDT0.0000%8h375.33+0.029%$10.2M$15.4M100xas long as short
OKX TSLA-USDT-SWAP0.0000%8h375.23+0.003%$11.2M$16.8M25xas long as short
RISEx TSLA/USDC0.0000%1h375.32+0.027%$175K$529K20xas long as short
Gate TSLA_USDT0.0000%8h375.21−0.003%$2.3M$4.1M100xas long as short
Bitget TSLAUSDT0.0000%8h375.17−0.013%$16.6M$22.5M100xas long as short
Variational Omni TSLA0.0000%8h375.27+0.014%$1.8M$1.1Mas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX TSLA-USDshort0.0000%1h375.27+0.013%$199K$900K20x
Deribit TSLA_USDC-PERPETUAL0.0000%1h375.04−0.048%$20K$186K10xas long as short
Phemex TSLAUSDT0.0000%4h375.28+0.016%$1.1M$13K10xas long as short
Aftermath Perps TSLAUSD+0.0014%1h375.12−0.028%$38K$49K10xas long as short
Hotstuff TSLA-PERP+0.0016%1h375.06−0.043%$34K20xas long as short
Bullet TSLA-USD+0.0025%1h375.23+0.003%$5K$90K10xas long as short
BloFin TSLA-USDT+0.0025%8h375.25+0.008%$570K$341K20xas long as short
QFEX TSLA-USD+0.0030%1h375.20−0.005%$1.2M$7.1M10xas long as short
Lighter TSLA+0.0032%1h375.220.000%$648K$3.3M20xas long as short
Lighter RH TSLAlong+0.0032%1h375.22long leg$1.2M$2.6M20x
Arcus TSLA-USD+0.0040%1h375.11−0.029%$153K$84K10xas long as short
Vest TSLA-USD-PERP+0.0046%1h375.19−0.008%$133K25xas long as short
tradeXYZ xyz:TSLA+0.0050%1h375.04−0.048%$43.5M$14.2M20xas long as short
Polymarket Perps TSLA-USD+0.0050%1h375.02−0.053%$297K$292K10xas long as short
SoDEX TSLA-USD+0.0050%1h375.18−0.011%$4K$3K10xas long as short
Nado TSLA-PERP+0.0050%1h375.06−0.042%$484K$90K20xas long as short
Ondo Perps TSLA-USD.P+0.0050%1h375.10−0.032%$1.6M$1.0M10xas long as short
Pacifica TSLA+0.0100%1h375.02−0.052%$389K$38K10xas long as short
KuCoin TSLAUSDTM+0.0100%8h375.10−0.032%$1.5M$159K20xas long as short
ApeX Omni TSLAUSDT+0.0100%1h375.15−0.019%$4K$62K50xas long as short
Orderly PERP_TSLA_USDC+0.0100%8h375.07−0.040%$41K$20K20xas long as short
Aevo TSLA-PERP+0.0104%1h375.22−0.001%$74310xas long as short
GRVT TSLA_USDT_Perp+0.0123%8h375.35+0.036%$848K$2.9M10xas long as short
Coinbase International TSLA-PERP-INTX+0.0128%1h375.11−0.029%$529K$332K10xas long as short
Injective TSLA/USDC PERP+0.0220%1h376.36+0.304%$78K$36K30xas long as short
Phoenix TSLA+0.0277%1h375.56+0.091%$1.3M$522K20xas long as short