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

TSLA

RWAall TSLA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0134%/8h= −14.6% APRnext payment $0.17 per $10,000 · paid last 24h +0.020%
Price spread now: Lighter against Nado+0.054%7-day average +0.019% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$23as in the Price arb table
costs, in and out, $10k−$270.268% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.094%+$9 on $10k
Price spread, last 4 days (all we have)+0.179%+$18 · spread now +0.054%, 7d avg +0.019%
Together, before fees+0.273%+ Points / potential airdropNado: Active · Lighter: Season 3 · farm board+$27 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Lighter is 0.035% dearer against Nado than usual: you sell high and buy low (spread +0.054% now, against its 7-day average of +0.019%): +$4 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 21 hours. Mind the row above: over the last 3 days funding on this pair paid +0.094%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado TSLA-PERP376.950.0190pay 0.0024% / 1h4m 57s$490K$112K20x
ShortLighter TSLA377.150.0056get 0.0007% / 1h4m 57s$820K$3.6M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against Nado. 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
−$28.04
Price spread: +0.054% → +0.019%
$3.51
Slippage, 4 orders
−$19.81
Fee Nado: 3.5 bp × 2 orders
−$7
Fee Lighter: 0 bp × 2 orders
$0
Net
−$51.35
Costs to cover
0.268%
Break-even
never at this rate
Slippage from Nado: live order book, 58 min ago; Lighter: live order book, 3 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 Nado live order book, 58 min ago4.51 bp10.8 bp −$1121.6 bp −$216doesn't fitdoesn't fit
Sell Lighter live order book, 3 min ago0.80 bp0.9 bp −$12.2 bp −$2272.5 bp −$7,249doesn'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−0.0824%4h377.09+0.039%$398K$1.0M10xas long as short
BloFin TSLA-USDT−0.0013%8h377.19+0.065%$577K$354K20xas long as short
Aster TSLAUSDT0.0000%8h377.21+0.070%$578K$196K50xas long as short
Extended TSLA_24_5-USD0.0000%1h377.08+0.037%$484K$5.9M10xas long as short
Binance TSLAUSDT0.0000%8h377.18+0.062%$47.4M$110.9M25xas long as short
Bybit TSLAUSDT0.0000%8h377.25+0.081%$10.3M$15.4M100xas long as short
OKX TSLA-USDT-SWAP0.0000%8h377.11+0.043%$11.2M$16.9M25xas long as short
RISEx TSLA/USDC0.0000%1h377.20+0.068%$290K$586K20xas long as short
Bitget TSLAUSDT0.0000%8h377.10+0.041%$17.1M$22.9M100xas long as short
Variational Omni TSLA0.0000%8h377.03+0.023%$1.9M$1.4Mas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX TSLA-USD0.0000%1h377.16+0.057%$200K$909K20xas long as short
Deribit TSLA_USDC-PERPETUAL0.0000%1h376.97+0.006%$20K$188K10xas long as short
Coinbase International TSLA-PERP-INTX0.0000%1h377.04+0.025%$513K$331K10xas long as short
Phemex TSLAUSDT0.0000%4h377.19+0.065%$1.1M$14K10xas long as short
Aftermath Perps TSLAUSD+0.0015%1h377.09+0.037%$38K$43K10xas long as short
QFEX TSLA-USD+0.0019%1h377.12+0.046%$1.2M$6.6M10xas long as short
Lighter RH TSLA+0.0032%1h377.12+0.046%$1.2M$2.6M20xas long as short
Arcus TSLA-USD+0.0040%1h376.94−0.002%$162K$96K10xas long as short
Vest TSLA-USD-PERP+0.0046%1h377.09+0.038%$130K25xas long as short
Hotstuff TSLA-PERP+0.0048%1h376.80−0.039%$34K20xas long as short
tradeXYZ xyz:TSLA+0.0050%1h376.86−0.023%$44.3M$14.3M20xas long as short
Polymarket Perps TSLA-USD+0.0050%1h377.07+0.033%$301K$309K10xas long as short
SoDEX TSLA-USD+0.0050%1h377.10+0.041%$4K$3K10xas long as short
Ondo Perps TSLA-USD.P+0.0050%1h376.82−0.033%$1.6M$1.1M10xas long as short
GRVT TSLA_USDT_Perp+0.0055%8h377.19+0.064%$846K$2.8M10xas long as short
Lighter TSLAshort+0.0056%1h377.15+0.054%$820K$3.6M20x
Bullet TSLA-USD+0.0098%1h377.18+0.062%$5K$92K10xas long as short
Pacifica TSLA+0.0100%1h377.01+0.017%$391K$38K10xas long as short
KuCoin TSLAUSDTM+0.0100%8h376.96+0.004%$1.5M$105K20xas long as short
ApeX Omni TSLAUSDT+0.0100%1h376.89−0.015%$4K$61K50xas long as short
Orderly PERP_TSLA_USDC+0.0100%8h377.11+0.043%$41K$24K20xas long as short
Aevo TSLA-PERP+0.0104%1h377.09+0.039%$74710xas long as short
Gate TSLA_USDT+0.0129%8h377.16+0.057%$2.3M$3.7M100xas long as short
Nado TSLA-PERPlong+0.0190%1h376.95long leg$490K$112K20x
Injective TSLA/USDC PERP+0.0220%1h378.16+0.322%$79K$36K30xas long as short
Phoenix TSLA+0.0254%1h377.09+0.038%$1.3M$539K20xas long as short