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

TSLA

RWAall TSLA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0018%/8h= −2.0% APRnext payment $0.02 per $10,000 · paid last 24h −0.007%
Price spread now: Lighter RH against tradeXYZ+0.069%7-day average +0.039% · you sell dearer than you buy
Net, funding: paid 7d − costs−$32as in the Funding arb table
Net, price: spread back to 7d avg − costs−$21as in the Price arb table
costs, in and out, $10k−$240.245% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.073%−$7 on $10k
Price spread, last 7 days−0.069%−$7 · spread now +0.069%, 7d avg +0.039%
Together, before fees−0.142%+ Points / potential airdroptradeXYZ: Active · Lighter RH: Points live · farm board−$14 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Lighter RH is 0.030% dearer against tradeXYZ than usual: you sell high and buy low (spread +0.069% now, against its 7-day average of +0.039%): +$3 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 5.6 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongtradeXYZ xyz:TSLA375.870.0050pay 0.0006% / 1h46m 02s$44.2M$14.3M20x
ShortLighter RH TSLA376.130.0032get 0.0004% / 1h46m 02s$1.2M$2.5M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter RH against tradeXYZ. 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
−$3.78
Price spread: +0.069% → +0.039%
$3.04
Slippage, 4 orders
−$6.47
Fee tradeXYZ: 9 bp × 2 orders
−$18
Fee Lighter RH: 0 bp × 2 orders
$0
Net
−$25.21
Costs to cover
0.245%
Break-even
never at this rate
Slippage from tradeXYZ: live order book, 13 min ago; Lighter RH: live order book, 2 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 tradeXYZ live order book, 13 min ago0.53 bp10.1 bp −$1012.3 bp −$123doesn't fitdoesn't fit
Sell Lighter RH live order book, 2 min ago1.46 bp2.0 bp −$24.4 bp −$4440.1 bp −$4,009doesn'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−0.0241%4h376.30+0.115%$398K$1.0M10xas long as short
BloFin TSLA-USDT−0.0026%8h376.32+0.120%$570K$340K20xas long as short
Aster TSLAUSDT0.0000%8h376.04+0.045%$585K$191K50xas long as short
Extended TSLA_24_5-USD0.0000%1h376.04+0.046%$477K$11.0M10xas long as short
Binance TSLAUSDT0.0000%8h376.12+0.067%$47.0M$109.5M25xas long as short
Bybit TSLAUSDT0.0000%8h376.14+0.072%$10.2M$15.4M100xas long as short
OKX TSLA-USDT-SWAP0.0000%8h376.06+0.051%$11.2M$16.8M25xas long as short
Gate TSLA_USDT0.0000%8h376.14+0.072%$2.3M$3.9M100xas long as short
Bitget TSLAUSDT0.0000%8h376.00+0.035%$16.8M$22.6M100xas long as short
Variational Omni TSLA0.0000%8h376.17+0.079%$1.9M$1.3Mas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX TSLA-USD0.0000%1h376.31+0.117%$200K$894K20xas long as short
Deribit TSLA_USDC-PERPETUAL0.0000%1h375.95+0.021%$20K$186K10xas long as short
Phemex TSLAUSDT0.0000%4h376.08+0.056%$1.1M$13K10xas long as short
Aftermath Perps TSLAUSD+0.0009%1h376.14+0.071%$38K$47K10xas long as short
QFEX TSLA-USD+0.0028%1h376.13+0.069%$1.2M$7.1M10xas long as short
Lighter TSLA+0.0032%1h376.10+0.061%$655K$3.3M20xas long as short
Lighter RH TSLAshort+0.0032%1h376.13+0.069%$1.2M$2.5M20x
Arcus TSLA-USD+0.0040%1h376.11+0.064%$165K$91K10xas long as short
Vest TSLA-USD-PERP+0.0046%1h376.16+0.077%$133K25xas long as short
Coinbase International TSLA-PERP-INTX+0.0048%1h375.11−0.202%$529K$312K10xas long as short
tradeXYZ xyz:TSLAlong+0.0050%1h375.87long leg$44.2M$14.3M20x
Polymarket Perps TSLA-USD+0.0050%1h375.99+0.032%$298K$308K10xas long as short
SoDEX TSLA-USD+0.0050%1h376.03+0.043%$4K$3K10xas long as short
Ondo Perps TSLA-USD.P+0.0050%1h375.95+0.021%$1.6M$1.0M10xas long as short
RISEx TSLA/USDC+0.0079%1h376.29+0.110%$291K$598K20xas long as short
GRVT TSLA_USDT_Perp+0.0086%8h376.35+0.128%$855K$2.8M10xas long as short
Pacifica TSLA+0.0100%1h376.17+0.080%$390K$38K10xas long as short
KuCoin TSLAUSDTM+0.0100%8h375.93+0.016%$1.5M$158K20xas long as short
ApeX Omni TSLAUSDT+0.0100%1h376.13+0.069%$4K$62K50xas long as short
Orderly PERP_TSLA_USDC+0.0100%8h376.15+0.074%$41K$21K20xas long as short
Aevo TSLA-PERP+0.0104%1h376.07+0.054%$74510xas long as short
Nado TSLA-PERP+0.0135%1h376.15+0.074%$490K$111K20xas long as short
Injective TSLA/USDC PERP+0.0220%1h377.10+0.327%$78K$36K30xas long as short
Bullet TSLA-USD+0.0228%1h376.16+0.078%$5K$92K10xas long as short
Phoenix TSLA+0.0277%1h376.29+0.112%$1.3M$547K20xas long as short
Hotstuff TSLA-PERP+0.0296%1h376.04+0.045%$34K20xas long as short