Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 20:00 UTC−0.0072%/8hnext payment −$0.09 per $10,000 · paid last 24h −0.022%

Price spread now: Lighter RH against Aevo−0.020%7-day average — · you buy dearer than you sell

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

Long on Aevo Short on Lighter RH

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropLighter RH: Points live · farm boardneeds both histories

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Lighter RH is 0.020% cheaper against Aevo than usual: you would sell low and buy high (−$2 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo TSLA-PERP	376.46	0.0104	pay 0.0013% / 1h	21m 47s	$745	—	10x
Short	Lighter RH TSLA	376.38	0.0032	get 0.0004% / 1h	21m 47s	$1.3M	$2.5M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter RH against Aevo. 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 AevobpFee Lighter RHbpOrdersPrice spread, now −0.020%Rate

Funding earned: −$15.12
Price spread: −0.020% → 0.000%: −$2.04
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee Lighter RH: 0 bp × 2 orders: $0
Net: −$33.16
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: Aevo: no order-book sample; Lighter RH: live order book, 6 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 Aevo no order-book sample	—	—	—	—	—
Sell Lighter RH live order book, 6 min ago	1.60 bp	2.0 bp −$2	3.6 bp −$36	43.7 bp −$4,370	doesn't fit

Aevo: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	−0.0236%	4h	376.54	+0.022%	$397K	$990K	10x	as long as short
Hotstuff TSLA-PERP	−0.0040%	1h	376.57	+0.030%	$34K	—	20x	as long as short
BloFin TSLA-USDT	−0.0027%	8h	376.59	+0.035%	$540K	$334K	20x	as long as short
Aster TSLAUSDT	0.0000%	8h	376.23	−0.060%	$596K	$179K	50x	as long as short
Extended TSLA_24_5-USD	0.0000%	1h	376.40	−0.016%	$450K	$10.6M	10x	as long as short
Binance TSLAUSDT	0.0000%	8h	376.37	−0.024%	$47.2M	$105.6M	25x	as long as short
Bybit TSLAUSDT	0.0000%	8h	376.54	+0.022%	$10.3M	$15.3M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	376.31	−0.039%	$11.4M	$16.0M	25x	as long as short
Gate TSLA_USDT	0.0000%	8h	376.45	−0.002%	$2.3M	$4.1M	100x	as long as short
Bitget TSLAUSDT	0.0000%	8h	376.31	−0.039%	$16.7M	$21.2M	100x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni TSLA	0.0000%	8h	376.24	−0.057%	$1.7M	$1.1M	—	as long as short
StandX TSLA-USD	0.0000%	1h	376.72	+0.070%	$200K	$871K	20x	as long as short
Deribit TSLA_USDC-PERPETUAL	0.0000%	1h	376.33	−0.034%	$20K	$184K	10x	as long as short
Phemex TSLAUSDT	0.0000%	4h	376.45	−0.002%	$1.1M	$13K	10x	as long as short
Lighter RH TSLAshort	+0.0032%	1h	376.38	−0.020%	$1.3M	$2.5M	20x
QFEX TSLA-USD	+0.0044%	1h	376.62	+0.043%	$1.2M	$6.8M	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	376.54	+0.022%	—	$133K	25x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	376.22	−0.063%	$44.0M	$13.9M	20x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	376.30	−0.042%	$297K	$283K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	376.45	−0.002%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	376.23	−0.060%	$1.6M	$916K	10x	as long as short
RISEx TSLA/USDC	+0.0067%	1h	376.65	+0.053%	$178K	$512K	20x	as long as short
Coinbase International TSLA-PERP-INTX	+0.0072%	1h	376.55	+0.025%	$538K	$281K	10x	as long as short
Nado TSLA-PERP	+0.0075%	1h	376.26	−0.053%	$487K	$88K	20x	as long as short
Bullet TSLA-USD	+0.0084%	1h	376.47	+0.003%	$6K	$90K	10x	as long as short
Pacifica TSLA	+0.0100%	1h	376.42	−0.010%	$390K	$26K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	376.22	−0.063%	$1.4M	$147K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	376.43	−0.007%	$4K	$61K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	376.56	+0.027%	$41K	$20K	20x	as long as short
Aevo TSLA-PERPlong	+0.0104%	1h	376.46	long leg	$745	—	10x
Aftermath Perps TSLAUSD	+0.0113%	1h	376.16	−0.079%	$38K	$51K	10x	as long as short
GRVT TSLA_USDT_Perp	+0.0204%	8h	376.76	+0.081%	$844K	$3.1M	10x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	376.76	+0.081%	$78K	$36K	30x	as long as short
Lighter TSLA	+0.0232%	1h	376.52	+0.017%	$1.1M	$3.9M	20x	as long as short
Phoenix TSLA	+0.0298%	1h	377.00	+0.144%	$1.3M	$213K	20x	as long as short
Arcus TSLA-USD	+0.0364%	1h	376.49	+0.009%	$154K	$85K	10x	as long as short