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

TSLA

RWAall TSLA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0018%/8h= +2.0% APRnext payment +$0.02 per $10,000 · paid last 24h −0.024%
Price spread now: tradeXYZ against Lighter−0.051%7-day average −0.037% · you buy dearer than you sell
Net, funding: paid 7d − costs−$21as in the Funding arb table
Net, price: spread back to 7d avg − costs−$23as in the Price arb table
costs, in and out, $10k−$220.217% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.004%$0 on $10k
Price spread, last 7 days+0.037%+$4 · spread now −0.051%, 7d avg −0.037%
Together, before fees+0.041%+ Points / potential airdropLighter: Season 3 · tradeXYZ: Active · farm board+$4 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.037%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter TSLA375.520.0032pay 0.0004% / 1h34m 03s$804K$3.7M20x
ShorttradeXYZ xyz:TSLA375.330.0050get 0.0006% / 1h34m 03s$44.5M$14.7M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

tradeXYZ 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

Funding earned
$3.78
Price spread: −0.051% → −0.037%
−$1.31
Slippage, 4 orders
−$3.71
Fee Lighter: 0 bp × 2 orders
$0
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
−$19.24
Costs to cover
0.217%
Break-even
42.6 days
Slippage from Lighter: live order book, 3 min ago; tradeXYZ: live order book, 4 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 Lighter live order book, 3 min ago0.13 bp0.5 bp −$12.0 bp −$2021.7 bp −$2,170doesn't fit
Sell tradeXYZ live order book, 4 min ago0.40 bp10.1 bp −$1012.0 bp −$120doesn't fitdoesn'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−0.0761%4h375.83+0.083%$397K$1.0M10xas long as short
Bybit TSLAUSDT0.0000%8h375.33−0.051%$10.2M$15.3M100xas long as short
OKX TSLA-USDT-SWAP0.0000%8h375.33−0.051%$11.2M$16.8M25xas long as short
Gate TSLA_USDT0.0000%8h375.58+0.016%$2.3M$3.3M100xas long as short
Bitget TSLAUSDT0.0000%8h375.23−0.077%$17.2M$23.0M100xas long as short
StandX TSLA-USD0.0000%1h375.43−0.024%$199K$934K20xas long as short
Deribit TSLA_USDC-PERPETUAL0.0000%1h375.54+0.005%$18K$191K10xas long as short
Phemex TSLAUSDT0.0000%4h375.53+0.003%$1.1M$14K10xas long as short
Aster TSLAUSDT+0.0007%8h375.60+0.020%$573K$200K50xas long as short
Aftermath Perps TSLAUSD+0.0030%1h375.52−0.001%$38K$35K10xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter TSLAlong+0.0032%1h375.52long leg$804K$3.7M20x
Lighter RH TSLA+0.0032%1h375.56+0.011%$1.2M$2.5M20xas long as short
Arcus TSLA-USD+0.0040%1h375.21−0.083%$134K$107K10xas long as short
Variational Omni TSLA+0.0042%8h375.42−0.026%$1.8M$1.3Mas long as short
Vest TSLA-USD-PERP+0.0046%1h375.42−0.027%$126K25xas long as short
QFEX TSLA-USD+0.0048%1h375.40−0.032%$1.2M$6.2M10xas long as short
tradeXYZ xyz:TSLAshort+0.0050%1h375.33−0.051%$44.5M$14.7M20x
Polymarket Perps TSLA-USD+0.0050%1h375.15−0.099%$300K$161K10xas long as short
SoDEX TSLA-USD+0.0050%1h375.41−0.029%$4K$3K10xas long as short
Ondo Perps TSLA-USD.P+0.0050%1h375.45−0.019%$1.6M$1.1M10xas long as short
Bullet TSLA-USD+0.0063%1h375.40−0.032%$5K$92K10xas long as short
Extended TSLA_24_5-USD+0.0064%1h375.30−0.059%$481K$2.7M10xas long as short
Binance TSLAUSDT+0.0066%8h375.44−0.021%$47.1M$114.8M25xas long as short
BloFin TSLA-USDT+0.0091%8h375.48−0.011%$580K$358K20xas long as short
GRVT TSLA_USDT_Perp+0.0099%8h375.91+0.103%$850K$2.9M10xas long as short
Pacifica TSLA+0.0100%1h375.18−0.091%$388K$36K10xas long as short
KuCoin TSLAUSDTM+0.0100%8h375.40−0.032%$1.5M$2.3M20xas long as short
ApeX Omni TSLAUSDT+0.0100%1h375.45−0.019%$4K$62K50xas long as short
Orderly PERP_TSLA_USDC+0.0100%8h375.46−0.016%$41K$23K20xas long as short
Aevo TSLA-PERP+0.0104%1h375.49−0.008%$74310xas long as short
Hotstuff TSLA-PERP+0.0120%1h375.34−0.048%$34K20xas long as short
Nado TSLA-PERP+0.0159%1h375.65+0.034%$497K$116K20xas long as short
Coinbase International TSLA-PERP-INTX+0.0160%1h375.48−0.011%$506K$355K10xas long as short
Injective TSLA/USDC PERP+0.0220%1h379.64+1.097%$79K$37K30xas long as short
RISEx TSLA/USDC+0.0290%1h375.42−0.027%$214K$654K20xas long as short
Phoenix TSLA+0.0404%1h375.66+0.037%$1.3M$507K20xas long as short