Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h +0.001%

Price spread now: Lighter RH against Variational Omni−0.026%7-day average −0.031% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Variational Omni Short on Lighter RH

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.021%+$2 on $10k

Price spread, last 7 days+0.006%+$1 · spread now −0.026%, 7d avg −0.031%

Together, before fees+0.028%+ Points / potential airdropVariational Omni: Active · Lighter RH: Points live · farm board+$3 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.031%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni TSLA	376.19	0	get 0.0000% / 8h	7h 33m	$1.9M	$1.3M	—
Short	Lighter RH TSLA	376.09	0.0032	get 0.0004% / 1h	33m 16s	$1.2M	$2.6M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter RH against Variational Omni. 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

Position, each leg$Hold fordaysFee Variational OmnibpFee Lighter RHbpOrdersPrice spread, now −0.026%Rate

Funding earned: $6.72
Price spread: −0.026% → −0.031%: $0.55
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Lighter RH: 0 bp × 2 orders: $0
Net: $7.27
Costs to cover: 0.000%
Break-even: from the start

Slippage unknown: Variational Omni: RFQ quote, 1 min ago; Lighter RH: live order book, 5 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Variational Omni RFQ quote, 1 min ago	2.01 bp	doesn't fit	6.9 bp −$69	doesn't fit	doesn't fit
Sell Lighter RH live order book, 5 min ago	1.73 bp	2.0 bp −$2	3.7 bp −$37	39.0 bp −$3,895	doesn't fit

TSLA on 36 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX TSLAUSDC	−0.0888%	4h	376.12	−0.018%	$398K	$1.0M	10x	as long as short
Aster TSLAUSDT	0.0000%	8h	375.97	−0.057%	$585K	$191K	50x	as long as short
Extended TSLA_24_5-USD	0.0000%	1h	376.00	−0.051%	$477K	$11.5M	10x	as long as short
Binance TSLAUSDT	0.0000%	8h	376.07	−0.030%	$46.9M	$109.4M	25x	as long as short
Bybit TSLAUSDT	0.0000%	8h	376.06	−0.034%	$10.2M	$15.4M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	376.01	−0.047%	$11.2M	$16.8M	25x	as long as short
Gate TSLA_USDT	0.0000%	8h	376.02	−0.044%	$2.3M	$3.9M	100x	as long as short
Bitget TSLAUSDT	0.0000%	8h	375.98	−0.055%	$16.8M	$22.6M	100x	as long as short
Variational Omni TSLAlong	0.0000%	8h	376.19	long leg	$1.9M	$1.3M	—
StandX TSLA-USD	0.0000%	1h	376.20	+0.004%	$200K	$893K	20x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit TSLA_USDC-PERPETUAL	0.0000%	1h	375.93	−0.068%	$20K	$186K	10x	as long as short
Phemex TSLAUSDT	0.0000%	4h	376.10	−0.023%	$1.1M	$13K	10x	as long as short
Aftermath Perps TSLAUSD	+0.0009%	1h	376.01	−0.047%	$38K	$46K	10x	as long as short
BloFin TSLA-USDT	+0.0025%	8h	376.08	−0.028%	$571K	$339K	20x	as long as short
QFEX TSLA-USD	+0.0028%	1h	375.93	−0.068%	$1.2M	$7.1M	10x	as long as short
Lighter TSLA	+0.0032%	1h	376.07	−0.031%	$716K	$3.4M	20x	as long as short
Lighter RH TSLAshort	+0.0032%	1h	376.09	−0.026%	$1.2M	$2.6M	20x
Arcus TSLA-USD	+0.0040%	1h	375.98	−0.055%	$163K	$93K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	376.03	−0.042%	—	$133K	25x	as long as short
Coinbase International TSLA-PERP-INTX	+0.0048%	1h	375.11	−0.286%	$529K	$307K	10x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	375.83	−0.095%	$44.2M	$14.2M	20x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	375.90	−0.076%	$298K	$308K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	375.97	−0.058%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	375.85	−0.090%	$1.6M	$1.0M	10x	as long as short
RISEx TSLA/USDC	+0.0079%	1h	376.09	−0.026%	$291K	$598K	20x	as long as short
GRVT TSLA_USDT_Perp	+0.0081%	8h	376.28	+0.025%	$846K	$2.8M	10x	as long as short
Pacifica TSLA	+0.0100%	1h	375.88	−0.082%	$389K	$38K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	375.74	−0.119%	$1.5M	$106K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	376.06	−0.034%	$4K	$62K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	376.09	−0.026%	$41K	$20K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	375.96	−0.061%	$744	—	10x	as long as short
Bullet TSLA-USD	+0.0120%	1h	376.09	−0.026%	$5K	$92K	10x	as long as short
Nado TSLA-PERP	+0.0138%	1h	375.92	−0.070%	$489K	$112K	20x	as long as short
Hotstuff TSLA-PERP	+0.0216%	1h	375.83	−0.095%	$34K	—	20x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	377.22	+0.275%	$78K	$36K	30x	as long as short
Phoenix TSLA	+0.0277%	1h	376.07	−0.031%	$1.3M	$547K	20x	as long as short