Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h +0.010%

Price spread now: Lighter RH against Bitget+0.005%7-day average −0.044% · you sell dearer than you buy

Net, funding: paid 7d − costs−$16as in the Funding arb table

Net, price: spread back to 7d avg − costs−$14as in the Price arb table

costs, in and out, $10k−$190.194% of the position

Long on Bitget Short on Lighter RH

What this pair did over the last

the charts below follow

Funding, last 7 days+0.033%+$3 on $10k

Price spread, last 7 days−0.028%−$3 · spread now +0.005%, 7d avg −0.044%

Together, before fees+0.005%+ Points / potential airdropLighter RH: Points live · farm board$0 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Lighter RH is 0.049% dearer against Bitget than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.044%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget TSLAUSDT	375.80	0	get 0.0000% / 8h	2h 24m	$17.1M	$22.7M	100x
Short	Lighter RH TSLA	375.82	0.0032	get 0.0004% / 1h	24m 39s	$1.2M	$2.6M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter RH against Bitget. 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 BitgetbpFee Lighter RHbpOrdersPrice spread, now +0.005%Rate

Funding earned: $6.72
Price spread: +0.005% → −0.044%: $4.89
Slippage, 4 orders: −$7.36
Fee Bitget: 6 bp × 2 orders: −$12
Fee Lighter RH: 0 bp × 2 orders: $0
Net: −$7.75
Costs to cover: 0.194%
Break-even: 15.1 days

Slippage from Bitget: live order book, 4 min ago; Lighter RH: live order book, 3 min ago.

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 Bitget live order book, 4 min ago	0.27 bp	7.9 bp −$8	11.6 bp −$116	doesn't fit	doesn't fit
Sell Lighter RH live order book, 3 min ago	1.07 bp	1.9 bp −$2	3.4 bp −$34	38.0 bp −$3,804	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	−0.0460%	4h	375.66	−0.038%	$397K	$1.0M	10x	as long as short
BloFin TSLA-USDT	−0.0024%	8h	375.86	+0.016%	$575K	$354K	20x	as long as short
Aster TSLAUSDT	0.0000%	8h	375.92	+0.031%	$575K	$198K	50x	as long as short
Extended TSLA_24_5-USD	0.0000%	1h	375.76	−0.012%	$479K	$2.7M	10x	as long as short
Binance TSLAUSDT	0.0000%	8h	375.87	+0.019%	$47.0M	$112.8M	25x	as long as short
Bybit TSLAUSDT	0.0000%	8h	375.87	+0.019%	$10.2M	$15.4M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	375.92	+0.032%	$11.2M	$16.9M	25x	as long as short
Bitget TSLAUSDTlong	0.0000%	8h	375.80	long leg	$17.1M	$22.7M	100x
Variational Omni TSLA	0.0000%	8h	375.75	−0.013%	$1.9M	$1.3M	—	as long as short
StandX TSLA-USD	0.0000%	1h	375.79	−0.003%	$199K	$917K	20x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex TSLAUSDT	0.0000%	4h	375.80	0.000%	$1.1M	$14K	10x	as long as short
Gate TSLA_USDT	+0.0005%	8h	375.85	+0.013%	$2.3M	$3.5M	100x	as long as short
Aftermath Perps TSLAUSD	+0.0022%	1h	375.50	−0.079%	$38K	$39K	10x	as long as short
Lighter RH TSLAshort	+0.0032%	1h	375.82	+0.005%	$1.2M	$2.6M	20x
Arcus TSLA-USD	+0.0040%	1h	375.51	−0.077%	$134K	$107K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	375.78	−0.005%	—	$128K	25x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	375.65	−0.040%	$44.5M	$14.7M	20x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	375.74	−0.016%	$300K	$307K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	375.77	−0.008%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	375.59	−0.056%	$1.6M	$1.1M	10x	as long as short
QFEX TSLA-USD	+0.0052%	1h	375.82	+0.005%	$1.2M	$6.2M	10x	as long as short
RISEx TSLA/USDC	+0.0054%	1h	375.92	+0.032%	$217K	$618K	20x	as long as short
Hotstuff TSLA-PERP	+0.0088%	1h	375.48	−0.085%	$34K	—	20x	as long as short
Pacifica TSLA	+0.0100%	1h	375.72	−0.023%	$390K	$37K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	375.74	−0.016%	$1.5M	$108K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	375.56	−0.064%	$4K	$62K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	375.81	+0.003%	$41K	$23K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	375.77	−0.007%	$744	—	10x	as long as short
Lighter TSLA	+0.0112%	1h	375.82	+0.005%	$829K	$3.7M	20x	as long as short
Coinbase International TSLA-PERP-INTX	+0.0112%	1h	376.13	+0.088%	$511K	$337K	10x	as long as short
Deribit TSLA_USDC-PERPETUAL	+0.0123%	1h	375.74	−0.016%	$18K	$193K	10x	as long as short
GRVT TSLA_USDT_Perp	+0.0161%	8h	375.74	−0.016%	$852K	$2.8M	10x	as long as short
Bullet TSLA-USD	+0.0165%	1h	375.85	+0.013%	$4K	$89K	10x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	379.54	+0.995%	$79K	$36K	30x	as long as short
Nado TSLA-PERP	+0.0249%	1h	375.67	−0.036%	$487K	$113K	20x	as long as short
Phoenix TSLA	+0.0298%	1h	375.92	+0.032%	$1.3M	$528K	20x	as long as short