Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h +0.001%

Price spread now: Lighter RH against Variational Omni+0.025%7-day average −0.031% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Variational Omni Short on Lighter RH

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.021%+$2 on $10k

Price spread, last 7 days−0.044%−$4 · spread now +0.025%, 7d avg −0.031%

Together, before fees−0.023%+ Points / potential airdropVariational Omni: Active · Lighter RH: Points live · farm board−$2 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 0.056% dearer against Variational Omni than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.031%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni TSLA	376.18	0	get 0.0000% / 8h	7h 47m	$1.9M	$1.3M	—
Short	Lighter RH TSLA	376.27	0.0032	get 0.0004% / 1h	47m 02s	$1.2M	$2.5M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter RH against Variational Omni. 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 Variational OmnibpFee Lighter RHbpOrdersPrice spread, now +0.025%Rate

Funding earned: $6.72
Price spread: +0.025% → −0.031%: $5.6
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Lighter RH: 0 bp × 2 orders: $0
Net: $12.32
Costs to cover: 0.000%
Break-even: from the start

Slippage unknown: Variational Omni: RFQ quote, 2 min ago; Lighter RH: live order book, 1 min ago. Net counts fees only.

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 Variational Omni RFQ quote, 2 min ago	2.01 bp	doesn't fit	7.6 bp −$76	doesn't fit	doesn't fit
Sell Lighter RH live order book, 1 min ago	1.46 bp	2.0 bp −$2	4.4 bp −$44	40.1 bp −$4,009	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	−0.0241%	4h	376.30	+0.033%	$398K	$1.0M	10x	as long as short
BloFin TSLA-USDT	−0.0026%	8h	376.32	+0.038%	$570K	$340K	20x	as long as short
Aster TSLAUSDT	0.0000%	8h	376.10	−0.020%	$585K	$191K	50x	as long as short
Extended TSLA_24_5-USD	0.0000%	1h	376.19	+0.003%	$477K	$10.9M	10x	as long as short
Binance TSLAUSDT	0.0000%	8h	376.28	+0.027%	$47.0M	$109.5M	25x	as long as short
Bybit TSLAUSDT	0.0000%	8h	376.31	+0.035%	$10.2M	$15.4M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	376.23	+0.014%	$11.2M	$16.8M	25x	as long as short
Gate TSLA_USDT	0.0000%	8h	376.28	+0.027%	$2.3M	$3.9M	100x	as long as short
Bitget TSLAUSDT	0.0000%	8h	376.14	−0.010%	$16.8M	$22.6M	100x	as long as short
Variational Omni TSLAlong	0.0000%	8h	376.18	long leg	$1.9M	$1.3M	—

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
StandX TSLA-USD	0.0000%	1h	376.31	+0.035%	$200K	$894K	20x	as long as short
Deribit TSLA_USDC-PERPETUAL	0.0000%	1h	376.12	−0.015%	$20K	$186K	10x	as long as short
Phemex TSLAUSDT	0.0000%	4h	376.24	+0.017%	$1.1M	$13K	10x	as long as short
Aftermath Perps TSLAUSD	+0.0009%	1h	376.10	−0.020%	$38K	$47K	10x	as long as short
QFEX TSLA-USD	+0.0028%	1h	376.19	+0.004%	$1.2M	$7.1M	10x	as long as short
Lighter TSLA	+0.0032%	1h	376.23	+0.014%	$654K	$3.3M	20x	as long as short
Lighter RH TSLAshort	+0.0032%	1h	376.27	+0.025%	$1.2M	$2.5M	20x
Arcus TSLA-USD	+0.0040%	1h	376.11	−0.018%	$165K	$91K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	376.22	+0.012%	—	$133K	25x	as long as short
Coinbase International TSLA-PERP-INTX	+0.0048%	1h	375.11	−0.284%	$529K	$312K	10x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	376.03	−0.039%	$44.3M	$14.3M	20x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	376.04	−0.036%	$298K	$308K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	376.18	+0.001%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	375.95	−0.060%	$1.6M	$1.0M	10x	as long as short
RISEx TSLA/USDC	+0.0079%	1h	376.30	+0.033%	$291K	$598K	20x	as long as short
GRVT TSLA_USDT_Perp	+0.0086%	8h	376.35	+0.046%	$855K	$2.8M	10x	as long as short
Pacifica TSLA	+0.0100%	1h	376.19	+0.004%	$390K	$38K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	376.05	−0.034%	$1.5M	$158K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	376.13	−0.012%	$4K	$62K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	376.27	+0.025%	$41K	$21K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	376.18	+0.001%	$745	—	10x	as long as short
Nado TSLA-PERP	+0.0134%	1h	376.17	−0.003%	$490K	$111K	20x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	377.10	+0.245%	$78K	$36K	30x	as long as short
Bullet TSLA-USD	+0.0247%	1h	376.31	+0.036%	$5K	$92K	10x	as long as short
Phoenix TSLA	+0.0277%	1h	376.29	+0.030%	$1.3M	$547K	20x	as long as short
Hotstuff TSLA-PERP	+0.0360%	1h	376.06	−0.031%	$34K	—	20x	as long as short