Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.030%

Price spread now: Lighter RH against Lighter−0.003%7-day average +0.004% · you buy dearer than you sell

Net, funding: paid 7d − costs−$12as in the Funding arb table

Net, price: spread back to 7d avg − costs−$6as in the Price arb table

costs, in and out, $10k−$60.058% of the position

Long on Lighter Short on Lighter RH

What this pair did over the last

the charts below follow

Funding, last 7 days−0.058%−$6 on $10k

Price spread, last 7 days+0.018%+$2 · spread now −0.003%, 7d avg +0.004%

Together, before fees−0.041%+ Points / potential airdropLighter: Season 3 · Lighter RH: Points live · farm board−$4 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter TSLA	376.46	0.0032	pay 0.0004% / 1h	11m 32s	$815K	$3.6M	20x
Short	Lighter RH TSLA	376.45	0.0032	get 0.0004% / 1h	11m 32s	$1.2M	$2.6M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter RH against Lighter. 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 LighterbpFee Lighter RHbpOrdersPrice spread, now −0.003%Rate

Funding earned: $0
Price spread: −0.003% → +0.004%: −$0.69
Slippage, 4 orders: −$5.76
Fee Lighter: 0 bp × 2 orders: $0
Fee Lighter RH: 0 bp × 2 orders: $0
Net: −$6.45
Costs to cover: 0.058%
Break-even: never at this rate

Slippage from Lighter: live order book, 6 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Lighter live order book, 6 min ago	0.53 bp	0.5 bp −$1	2.2 bp −$22	34.2 bp −$3,424	doesn't fit
Sell Lighter RH live order book, 2 min ago	1.99 bp	2.1 bp −$2	2.7 bp −$27	36.2 bp −$3,624	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	−0.0790%	4h	376.49	+0.007%	$398K	$1.0M	10x	as long as short
Hotstuff TSLA-PERP	−0.0016%	1h	376.19	−0.072%	$34K	—	20x	as long as short
Aster TSLAUSDT	0.0000%	8h	376.57	+0.029%	$577K	$196K	50x	as long as short
Extended TSLA_24_5-USD	0.0000%	1h	376.40	−0.015%	$481K	$3.4M	10x	as long as short
Binance TSLAUSDT	0.0000%	8h	376.51	+0.013%	$47.3M	$111.1M	25x	as long as short
Bybit TSLAUSDT	0.0000%	8h	376.60	+0.037%	$10.3M	$15.4M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	376.42	−0.011%	$11.3M	$16.8M	25x	as long as short
RISEx TSLA/USDC	0.0000%	1h	376.55	+0.025%	$290K	$587K	20x	as long as short
Bitget TSLAUSDT	0.0000%	8h	376.47	+0.003%	$17.0M	$23.0M	100x	as long as short
Variational Omni TSLA	0.0000%	8h	376.50	+0.010%	$1.9M	$1.4M	—	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
StandX TSLA-USD	0.0000%	1h	376.50	+0.011%	$200K	$907K	20x	as long as short
Deribit TSLA_USDC-PERPETUAL	0.0000%	1h	376.33	−0.035%	$20K	$189K	10x	as long as short
Phemex TSLAUSDT	0.0000%	4h	376.52	+0.016%	$1.1M	$14K	10x	as long as short
Aftermath Perps TSLAUSD	+0.0018%	1h	376.51	+0.012%	$38K	$41K	10x	as long as short
BloFin TSLA-USDT	+0.0025%	8h	376.61	+0.040%	$577K	$352K	20x	as long as short
Lighter TSLAlong	+0.0032%	1h	376.46	long leg	$815K	$3.6M	20x
Lighter RH TSLAshort	+0.0032%	1h	376.45	−0.003%	$1.2M	$2.6M	20x
QFEX TSLA-USD	+0.0038%	1h	376.46	0.000%	$1.2M	$6.5M	10x	as long as short
Arcus TSLA-USD	+0.0040%	1h	376.33	−0.035%	$133K	$106K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	376.42	−0.011%	—	$130K	25x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	376.23	−0.061%	$44.3M	$14.5M	20x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	376.34	−0.032%	$301K	$309K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	376.41	−0.013%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	376.12	−0.090%	$1.6M	$1.1M	10x	as long as short
Bullet TSLA-USD	+0.0055%	1h	376.52	+0.016%	$4K	$91K	10x	as long as short
GRVT TSLA_USDT_Perp	+0.0055%	8h	376.65	+0.051%	$854K	$2.8M	10x	as long as short
Coinbase International TSLA-PERP-INTX	+0.0056%	1h	376.45	−0.003%	$512K	$330K	10x	as long as short
Gate TSLA_USDT	+0.0069%	8h	376.49	+0.008%	$2.3M	$3.6M	100x	as long as short
Pacifica TSLA	+0.0100%	1h	376.28	−0.048%	$390K	$38K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	376.37	−0.024%	$1.5M	$105K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	376.42	−0.011%	$4K	$62K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	376.36	−0.027%	$41K	$23K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	376.40	−0.016%	$745	—	10x	as long as short
Nado TSLA-PERP	+0.0151%	1h	376.33	−0.035%	$489K	$112K	20x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	377.69	+0.327%	$79K	$36K	30x	as long as short
Phoenix TSLA	+0.0255%	1h	376.59	+0.035%	$1.3M	$539K	20x	as long as short