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

TSLA

RWAall TSLA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC+0.0032%/8h= +3.5% APRnext payment +$0.04 per $10,000 · paid last 24h −0.001%
Price spread now: Lighter RH against Deribit+0.053%7-day average +0.011% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$13as in the Price arb table
costs, in and out, $10k−$170.171% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)−0.159%−$16 on $10k
Price spread, last 4 days (all we have)+0.005%$0 · spread now +0.053%, 7d avg +0.011%
Together, before fees−0.154%+ Points / potential airdropLighter RH: Points live · farm board−$15 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 0.042% dearer against Deribit than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.011%. Mind the row above: over the last 5 days funding on this pair cost −0.159%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit TSLA_USDC-PERPETUAL376.830get 0.0000% / 1h9m 08s$18K$191K10x
ShortLighter RH TSLA377.030.0032get 0.0004% / 1h9m 08s$1.2M$2.5M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter RH against Deribit. 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
$6.72
Price spread: +0.053% → +0.011%
$4.17
Slippage, 4 orders
−$10.07
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee Lighter RH: 0 bp × 2 orders
$0
Net
−$6.18
Costs to cover
0.171%
Break-even
13.4 days
Slippage from Deribit: live order book, 42 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 Deribit live order book, 42 min ago3.19 bp6.7 bp −$78.0 bp −$80doesn't fitdoesn't fit
Sell Lighter RH live order book, 2 min ago1.72 bp1.8 bp −$22.6 bp −$2642.0 bp −$4,204doesn't fit

TSLA on 36 exchanges

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−0.0618%4h377.00+0.044%$397K$1.0M10xas long as short
Hotstuff TSLA-PERP−0.0048%1h376.79−0.011%$34K20xas long as short
Bybit TSLAUSDT0.0000%8h377.11+0.074%$10.1M$14.0M100xas long as short
OKX TSLA-USDT-SWAP0.0000%8h377.11+0.074%$11.3M$15.4M25xas long as short
Gate TSLA_USDT0.0000%8h377.14+0.082%$2.3M$3.2M100xas long as short
Bitget TSLAUSDT0.0000%8h377.11+0.074%$17.2M$23.7M100xas long as short
StandX TSLA-USD0.0000%1h376.830.000%$200K$958K20xas long as short
Deribit TSLA_USDC-PERPETUALlong0.0000%1h376.83long leg$18K$191K10x
Phemex TSLAUSDT0.0000%4h377.08+0.066%$1.1M$14K10xas long as short
Aftermath Perps TSLAUSD+0.0024%1h376.77−0.016%$38K$36K10xas long as short
Show all 36 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH TSLAshort+0.0032%1h377.03+0.053%$1.2M$2.5M20x
Arcus TSLA-USD+0.0040%1h376.89+0.016%$132K$85K10xas long as short
Vest TSLA-USD-PERP+0.0046%1h377.02+0.050%$126K25xas long as short
tradeXYZ xyz:TSLA+0.0050%1h376.85+0.005%$44.7M$14.7M20xas long as short
Polymarket Perps TSLA-USD+0.0050%1h376.86+0.008%$301K$132K10xas long as short
SoDEX TSLA-USD+0.0050%1h377.03+0.053%$4K$3K10xas long as short
Ondo Perps TSLA-USD.P+0.0050%1h376.60−0.061%$1.5M$1.1M10xas long as short
QFEX TSLA-USD+0.0053%1h376.98+0.040%$1.3M$6.2M10xas long as short
Pacifica TSLA+0.0100%1h376.80−0.008%$391K$36K10xas long as short
KuCoin TSLAUSDTM+0.0100%8h376.82−0.003%$1.4M$3.5M20xas long as short
ApeX Omni TSLAUSDT+0.0100%1h376.80−0.008%$4K$62K50xas long as short
Orderly PERP_TSLA_USDC+0.0100%8h376.87+0.011%$41K$25K20xas long as short
Lighter TSLA+0.0104%1h377.05+0.058%$806K$3.7M20xas long as short
Aevo TSLA-PERP+0.0104%1h377.09+0.069%$74710xas long as short
Coinbase International TSLA-PERP-INTX+0.0120%1h376.58−0.066%$517K$387K10xas long as short
Aster TSLAUSDT+0.0143%8h377.01+0.048%$575K$190K50xas long as short
BloFin TSLA-USDT+0.0171%8h377.11+0.074%$584K$367K20xas long as short
RISEx TSLA/USDC+0.0175%1h377.11+0.075%$226K$656K20xas long as short
Variational Omni TSLA+0.0181%8h376.98+0.040%$1.7M$1.5Mas long as short
Extended TSLA_24_5-USD+0.0200%1h377.00+0.045%$484K$2.7M10xas long as short
Binance TSLAUSDT+0.0200%8h377.13+0.080%$47.3M$114.8M25xas long as short
Bullet TSLA-USD+0.0210%1h377.13+0.080%$5K$93K10xas long as short
Injective TSLA/USDC PERP+0.0220%1h377.45+0.165%$74K$41K30xas long as short
Nado TSLA-PERP+0.0234%1h376.87+0.010%$500K$99K20xas long as short
Phoenix TSLA+0.0297%1h377.01+0.048%$1.3M$502K20xas long as short
GRVT TSLA_USDT_Perp+0.0636%8h377.20+0.097%$850K$2.9M10xas long as short