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 +0.033%

Price spread now: Lighter against Aster+0.057%7-day average −0.050% · you sell dearer than you buy

Net, funding: paid 7d − costs−$6as in the Funding arb table

Net, price: spread back to 7d avg − costs−$5as in the Price arb table

costs, in and out, $10k−$160.155% of the position

Long on Aster Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 7 days+0.095%+$10 on $10k

Price spread, last 7 days−0.097%−$10 · spread now +0.057%, 7d avg −0.050%

Together, before fees−0.002%+ Points / potential airdropAster: Stage 5 · Lighter: Season 3 · farm board$0 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 is 0.107% dearer against Aster than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of −0.050%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster TSLAUSDT	376.58	0	get 0.0000% / 8h	7h 02m	$577K	$195K	50x
Short	Lighter TSLA	376.79	0.0032	get 0.0004% / 1h	2m 57s	$830K	$3.6M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against Aster. 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 AsterbpFee LighterbpOrdersPrice spread, now +0.057%Rate

Funding earned: $6.72
Price spread: +0.057% → −0.050%: $10.72
Slippage, 4 orders: −$7.54
Fee Aster: 4 bp × 2 orders: −$8
Fee Lighter: 0 bp × 2 orders: $0
Net: $1.9
Costs to cover: 0.155%
Break-even: 5.0 days

Slippage from Aster: live order book, 5 min ago; Lighter: 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 Aster live order book, 5 min ago	1.33 bp	8.3 bp −$8	232.7 bp −$2,327	doesn't fit	doesn't fit
Sell Lighter live order book, 4 min ago	0.13 bp	0.2 bp $0	1.6 bp −$16	73.6 bp −$7,360	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	−0.0083%	4h	376.55	−0.007%	$398K	$1.0M	10x	as long as short
Aster TSLAUSDTlong	0.0000%	8h	376.58	long leg	$577K	$195K	50x
Extended TSLA_24_5-USD	0.0000%	1h	376.74	+0.042%	$479K	$10.8M	10x	as long as short
Binance TSLAUSDT	0.0000%	8h	376.82	+0.065%	$47.1M	$109.4M	25x	as long as short
Bybit TSLAUSDT	0.0000%	8h	376.79	+0.057%	$10.2M	$15.5M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	376.73	+0.041%	$11.3M	$16.6M	25x	as long as short
Gate TSLA_USDT	0.0000%	8h	376.80	+0.059%	$2.3M	$4.0M	100x	as long as short
Bitget TSLAUSDT	0.0000%	8h	376.70	+0.033%	$16.9M	$22.8M	100x	as long as short
Variational Omni TSLA	0.0000%	8h	376.72	+0.037%	$1.9M	$1.3M	—	as long as short
StandX TSLA-USD	0.0000%	1h	376.77	+0.051%	$200K	$904K	20x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit TSLA_USDC-PERPETUAL	0.0000%	1h	376.73	+0.041%	$20K	$186K	10x	as long as short
Phemex TSLAUSDT	0.0000%	4h	376.74	+0.043%	$1.1M	$13K	10x	as long as short
Aftermath Perps TSLAUSD	+0.0010%	1h	376.44	−0.036%	$39K	$46K	10x	as long as short
BloFin TSLA-USDT	+0.0014%	8h	376.59	+0.004%	$573K	$339K	20x	as long as short
QFEX TSLA-USD	+0.0028%	1h	376.65	+0.020%	$1.2M	$6.9M	10x	as long as short
Lighter TSLAshort	+0.0032%	1h	376.79	+0.057%	$830K	$3.6M	20x
Lighter RH TSLA	+0.0032%	1h	376.83	+0.067%	$1.2M	$2.6M	20x	as long as short
Arcus TSLA-USD	+0.0040%	1h	376.56	−0.004%	$163K	$93K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	376.72	+0.038%	—	$133K	25x	as long as short
Coinbase International TSLA-PERP-INTX	+0.0048%	1h	375.11	−0.389%	$529K	$307K	10x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	376.55	−0.007%	$44.3M	$14.1M	20x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	376.53	−0.012%	$301K	$310K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	376.73	+0.041%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	376.45	−0.034%	$1.5M	$1.1M	10x	as long as short
Bullet TSLA-USD	+0.0074%	1h	376.78	+0.054%	$6K	$92K	10x	as long as short
RISEx TSLA/USDC	+0.0079%	1h	376.72	+0.038%	$292K	$598K	20x	as long as short
Pacifica TSLA	+0.0100%	1h	376.56	−0.004%	$390K	$38K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	376.53	−0.012%	$1.5M	$106K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	376.47	−0.028%	$4K	$62K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	376.77	+0.051%	$41K	$20K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	376.67	+0.025%	$746	—	10x	as long as short
Nado TSLA-PERP	+0.0132%	1h	376.64	+0.017%	$490K	$112K	20x	as long as short
Hotstuff TSLA-PERP	+0.0152%	1h	376.50	−0.020%	$34K	—	20x	as long as short
GRVT TSLA_USDT_Perp	+0.0175%	8h	376.75	+0.047%	$850K	$2.7M	10x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	377.21	+0.168%	$78K	$36K	30x	as long as short
Phoenix TSLA	+0.0277%	1h	376.82	+0.065%	$1.3M	$547K	20x	as long as short