Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0133%/8h= −14.5% APRpaid last 24h −0.205%

Price spread now: edgeX against Lighter RH+0.037%7-day average +0.003% · you sell dearer than you buy

Net, funding: paid 7d − costs−$32as in the Funding arb table

Net, price: spread back to 7d avg − costs−$17as in the Price arb table

costs, in and out, $10k−$200.201% of the position

Long on Lighter RH Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.115%−$11 on $10k

Price spread, last 7 days−0.062%−$6 · spread now +0.037%, 7d avg +0.003%

Together, before fees−0.177%+ Points / potential airdropLighter RH: Points live · edgeX: Active · farm board−$18 on $10k · with fees, hour by hour

The price spread pays, funding is against you. edgeX is 0.034% dearer against Lighter RH than usual: you sell high and buy low (spread +0.037% now, against its 7-day average of +0.003%): +$3 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 20 hours. At the pace of the last 7 days (−0.115% in total) that is about 2.1 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter RH TSLA	376.10	0.0032	pay 0.0004% / 1h	4m 58s	$1.2M	$2.5M	20x
Short	edgeX TSLAUSDC	376.24	−0.0101	pay 0.0050% / 4h	3h 04m	$398K	$1.0M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against Lighter RH. 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 Lighter RHbpFee edgeXbpOrdersPrice spread, now +0.037%Rate

Funding earned: −$27.88
Price spread: +0.037% → +0.003%: $3.37
Slippage, 4 orders: −$11.08
Fee Lighter RH: 0 bp × 2 orders: $0
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$44.6
Costs to cover: 0.201%
Break-even: never at this rate

Slippage from Lighter RH: live order book, 3 min ago; edgeX: live order book, 4 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 RH live order book, 3 min ago	0.80 bp	1.0 bp −$1	5.3 bp −$53	44.2 bp −$4,421	doesn't fit
Sell edgeX live order book, 4 min ago	4.25 bp	8.9 bp −$9	11.9 bp −$119	doesn't fit	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 TSLAUSDCshort	−0.0101%	4h	376.24	+0.037%	$398K	$1.0M	10x
Aster TSLAUSDT	0.0000%	8h	376.18	+0.023%	$576K	$198K	50x	as long as short
Extended TSLA_24_5-USD	0.0000%	1h	376.11	+0.002%	$480K	$2.7M	10x	as long as short
Binance TSLAUSDT	0.0000%	8h	376.17	+0.019%	$47.0M	$112.5M	25x	as long as short
Bybit TSLAUSDT	0.0000%	8h	376.12	+0.005%	$10.2M	$15.4M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	376.14	+0.011%	$11.2M	$16.9M	25x	as long as short
RISEx TSLA/USDC	0.0000%	1h	376.24	+0.038%	$289K	$580K	20x	as long as short
Bitget TSLAUSDT	0.0000%	8h	376.18	+0.021%	$17.1M	$22.6M	100x	as long as short
Variational Omni TSLA	0.0000%	8h	376.30	+0.053%	$1.9M	$1.3M	—	as long as short
StandX TSLA-USD	0.0000%	1h	376.34	+0.064%	$200K	$906K	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	376.26	+0.043%	$1.1M	$14K	10x	as long as short
BloFin TSLA-USDT	+0.0007%	8h	376.27	+0.045%	$577K	$353K	20x	as long as short
Hotstuff TSLA-PERP	+0.0008%	1h	375.89	−0.056%	$34K	—	20x	as long as short
Aftermath Perps TSLAUSD	+0.0019%	1h	376.13	+0.008%	$38K	$40K	10x	as long as short
Gate TSLA_USDT	+0.0025%	8h	376.22	+0.032%	$2.3M	$3.5M	100x	as long as short
Lighter RH TSLAlong	+0.0032%	1h	376.10	long leg	$1.2M	$2.5M	20x
QFEX TSLA-USD	+0.0033%	1h	376.20	+0.027%	$1.2M	$6.2M	10x	as long as short
Arcus TSLA-USD	+0.0040%	1h	376.00	−0.027%	$133K	$106K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	376.08	−0.005%	—	$128K	25x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	375.84	−0.069%	$44.5M	$14.7M	20x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	376.10	0.000%	$300K	$309K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	376.11	+0.003%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	375.95	−0.040%	$1.6M	$1.1M	10x	as long as short
Lighter TSLA	+0.0072%	1h	376.11	+0.003%	$838K	$3.7M	20x	as long as short
Coinbase International TSLA-PERP-INTX	+0.0080%	1h	376.13	+0.008%	$511K	$337K	10x	as long as short
Pacifica TSLA	+0.0100%	1h	376.00	−0.027%	$390K	$37K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	375.97	−0.035%	$1.5M	$105K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	375.99	−0.029%	$4K	$62K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	376.21	+0.029%	$41K	$23K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	376.15	+0.013%	$745	—	10x	as long as short
GRVT TSLA_USDT_Perp	+0.0115%	8h	376.35	+0.067%	$844K	$2.8M	10x	as long as short
Bullet TSLA-USD	+0.0142%	1h	376.24	+0.037%	$4K	$90K	10x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	380.08	+1.058%	$79K	$36K	30x	as long as short
Nado TSLA-PERP	+0.0230%	1h	375.98	−0.033%	$489K	$112K	20x	as long as short
Phoenix TSLA	+0.0276%	1h	376.23	+0.035%	$1.3M	$540K	20x	as long as short
Deribit TSLA_USDC-PERPETUAL	+0.0335%	1h	376.09	−0.003%	$18K	$192K	10x	as long as short