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−0.0120%/8h= −13.1% APRnext payment $0.15 per $10,000 · paid last 24h −0.026%
Price spread now: Lighter RH against Nado−0.002%48s7-day average +0.023% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$270.273% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.049%+$5 on $10k
Price spread, last 4 days (all we have)+0.245%+$24 · spread now −0.002%, 7d avg +0.023%
Together, before fees+0.294%+ Points / potential airdropNado: Active · Lighter RH: Points live · farm board+$29 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Lighter RH is 0.025% cheaper against Nado than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.023%). Swap the legs. The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado TSLA-PERP375.550.0152pay 0.0019% / 1h37m 42s$497K$116K20x
ShortLighter RH TSLA375.540.0032get 0.0004% / 1h37m 42s$1.2M$2.5M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter RH 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
−$25.12
Price spread: −0.002% → +0.023%
−$2.53
Slippage, 4 orders
−$20.31
Fee Nado: 3.5 bp × 2 orders
−$7
Fee Lighter RH: 0 bp × 2 orders
$0
Net
−$54.95
Costs to cover
0.273%
Break-even
never at this rate
Slippage from Nado: live order book, 60 min ago; Lighter RH: live order book, 5 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, 60 min ago4.25 bp11.0 bp −$1120.4 bp −$204doesn't fitdoesn't fit
Sell Lighter RH live order book, 5 min ago1.06 bp1.2 bp −$13.6 bp −$3639.0 bp −$3,901doesn'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−0.0761%4h375.83+0.076%$397K$1.0M10xas long as short
Bybit TSLAUSDT0.0000%8h375.62+0.020%$10.1M$15.3M100xas long as short
OKX TSLA-USDT-SWAP0.0000%8h375.62+0.020%$11.2M$16.7M25xas long as short
Gate TSLA_USDT0.0000%8h375.62+0.020%$2.3M$3.3M100xas long as short
Bitget TSLAUSDT0.0000%8h375.53−0.004%$17.3M$23.0M100xas long as short
StandX TSLA-USD0.0000%1h375.85+0.081%$199K$932K20xas long as short
Deribit TSLA_USDC-PERPETUAL0.0000%1h375.50−0.012%$18K$191K10xas long as short
Phemex TSLAUSDT0.0000%4h375.70+0.041%$1.1M$14K10xas long as short
Aster TSLAUSDT+0.0010%8h375.75+0.055%$574K$200K50xas long as short
Aftermath Perps TSLAUSD+0.0028%1h375.65+0.028%$38K$36K10xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter TSLA+0.0032%1h375.54−0.002%$804K$3.7M20xas long as short
Lighter RH TSLAshort+0.0032%1h375.54−0.002%$1.2M$2.5M20x
Arcus TSLA-USD+0.0040%1h375.43−0.031%$134K$107K10xas long as short
Vest TSLA-USD-PERP+0.0046%1h375.67+0.033%$126K25xas long as short
Variational Omni TSLA+0.0046%8h375.72+0.047%$1.8M$1.3Mas long as short
QFEX TSLA-USD+0.0048%1h375.56+0.004%$1.2M$6.2M10xas long as short
tradeXYZ xyz:TSLA+0.0050%1h375.35−0.052%$44.5M$14.6M20xas long as short
Polymarket Perps TSLA-USD+0.0050%1h375.70+0.041%$300K$161K10xas long as short
SoDEX TSLA-USD+0.0050%1h375.50−0.012%$4K$3K10xas long as short
Ondo Perps TSLA-USD.P+0.0050%1h375.45−0.026%$1.6M$1.1M10xas long as short
BloFin TSLA-USDT+0.0056%8h375.90+0.094%$580K$358K20xas long as short
Bullet TSLA-USD+0.0060%1h375.68+0.035%$6K$92K10xas long as short
Binance TSLAUSDT+0.0072%8h375.58+0.010%$47.1M$114.4M25xas long as short
Extended TSLA_24_5-USD+0.0072%1h375.48−0.017%$483K$2.7M10xas long as short
Pacifica TSLA+0.0100%1h375.44−0.028%$389K$36K10xas long as short
KuCoin TSLAUSDTM+0.0100%8h375.52−0.007%$1.5M$2.3M20xas long as short
ApeX Omni TSLAUSDT+0.0100%1h375.60+0.014%$4K$62K50xas long as short
Orderly PERP_TSLA_USDC+0.0100%8h375.51−0.010%$41K$23K20xas long as short
Aevo TSLA-PERP+0.0104%1h375.58+0.010%$74410xas long as short
GRVT TSLA_USDT_Perp+0.0106%8h375.91+0.097%$850K$2.9M10xas long as short
Hotstuff TSLA-PERP+0.0120%1h375.34−0.055%$34K20xas long as short
Nado TSLA-PERPlong+0.0152%1h375.55long leg$497K$116K20x
Coinbase International TSLA-PERP-INTX+0.0160%1h375.49−0.015%$506K$353K10xas long as short
Injective TSLA/USDC PERP+0.0220%1h379.64+1.090%$79K$37K30xas long as short
RISEx TSLA/USDC+0.0290%1h375.70+0.041%$214K$653K20xas long as short
Phoenix TSLA+0.0404%1h375.78+0.062%$1.3M$507K20xas long as short