Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h −0.003%

Price spread now: Lighter RH against Binance−0.012%7-day average −0.041% · you buy dearer than you sell

Net, funding: paid 7d − costs−$14as in the Funding arb table

Net, price: spread back to 7d avg − costs−$13as in the Price arb table

costs, in and out, $10k−$150.154% of the position

Long on Binance Short on Lighter RH

What this pair did over the last

the charts below follow

Funding, last 7 days+0.018%+$2 on $10k

Price spread, last 7 days−0.007%−$1 · spread now −0.012%, 7d avg −0.041%

Together, before fees+0.011%+ Points / potential airdropLighter RH: Points live · farm board+$1 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 0.029% dearer against Binance than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.041%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance TSLAUSDT	376.30	0	get 0.0000% / 8h	3h 13m	$47.0M	$112.4M	25x
Short	Lighter RH TSLA	376.25	0.0032	get 0.0004% / 1h	13m 54s	$1.2M	$2.5M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter RH against Binance. 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 BinancebpFee Lighter RHbpOrdersPrice spread, now −0.012%Rate

Funding earned: $6.72
Price spread: −0.012% → −0.041%: $2.89
Slippage, 4 orders: −$5.43
Fee Binance: 5 bp × 2 orders: −$10
Fee Lighter RH: 0 bp × 2 orders: $0
Net: −$5.81
Costs to cover: 0.154%
Break-even: 13.1 days

Slippage from Binance: live order book, 14 min ago; Lighter RH: 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 Binance live order book, 14 min ago	0.13 bp	6.3 bp −$6	12.9 bp −$129	32.0 bp −$3,199	doesn't fit
Sell Lighter RH live order book, 4 min ago	1.46 bp	1.6 bp −$2	2.8 bp −$28	39.9 bp −$3,991	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	−0.0520%	4h	376.34	+0.012%	$398K	$1.0M	10x	as long as short
Aster TSLAUSDT	0.0000%	8h	376.36	+0.016%	$576K	$198K	50x	as long as short
Extended TSLA_24_5-USD	0.0000%	1h	376.17	−0.034%	$480K	$2.7M	10x	as long as short
Binance TSLAUSDTlong	0.0000%	8h	376.30	long leg	$47.0M	$112.4M	25x
Bybit TSLAUSDT	0.0000%	8h	376.29	−0.002%	$10.2M	$15.4M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	376.26	−0.010%	$11.3M	$16.8M	25x	as long as short
RISEx TSLA/USDC	0.0000%	1h	376.40	+0.027%	$290K	$580K	20x	as long as short
Hotstuff TSLA-PERP	0.0000%	1h	376.08	−0.058%	$34K	—	20x	as long as short
Bitget TSLAUSDT	0.0000%	8h	376.28	−0.004%	$17.1M	$22.6M	100x	as long as short
Variational Omni TSLA	0.0000%	8h	376.39	+0.025%	$1.9M	$1.3M	—	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
StandX TSLA-USD	0.0000%	1h	376.46	+0.043%	$200K	$895K	20x	as long as short
Phemex TSLAUSDT	0.0000%	4h	376.35	+0.014%	$1.1M	$14K	10x	as long as short
Aftermath Perps TSLAUSD	+0.0018%	1h	376.12	−0.047%	$38K	$40K	10x	as long as short
BloFin TSLA-USDT	+0.0022%	8h	376.34	+0.012%	$576K	$353K	20x	as long as short
Gate TSLA_USDT	+0.0026%	8h	376.35	+0.014%	$2.3M	$3.5M	100x	as long as short
Lighter RH TSLAshort	+0.0032%	1h	376.25	−0.012%	$1.2M	$2.5M	20x
QFEX TSLA-USD	+0.0033%	1h	376.35	+0.014%	$1.2M	$6.2M	10x	as long as short
Arcus TSLA-USD	+0.0040%	1h	376.11	−0.050%	$133K	$106K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	376.27	−0.007%	—	$128K	25x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	375.96	−0.089%	$44.5M	$14.7M	20x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	376.17	−0.034%	$300K	$309K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	376.20	−0.026%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	376.05	−0.066%	$1.6M	$1.1M	10x	as long as short
Lighter TSLA	+0.0064%	1h	376.26	−0.010%	$839K	$3.7M	20x	as long as short
Coinbase International TSLA-PERP-INTX	+0.0080%	1h	376.13	−0.044%	$511K	$338K	10x	as long as short
GRVT TSLA_USDT_Perp	+0.0099%	8h	376.42	+0.033%	$852K	$2.8M	10x	as long as short
Pacifica TSLA	+0.0100%	1h	376.08	−0.058%	$390K	$37K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	376.11	−0.050%	$1.5M	$105K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	376.11	−0.050%	$4K	$62K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	376.26	−0.010%	$41K	$23K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	376.25	−0.013%	$745	—	10x	as long as short
Deribit TSLA_USDC-PERPETUAL	+0.0122%	1h	376.17	−0.034%	$18K	$192K	10x	as long as short
Bullet TSLA-USD	+0.0128%	1h	376.34	+0.012%	$4K	$90K	10x	as long as short
Nado TSLA-PERP	+0.0217%	1h	376.13	−0.043%	$489K	$112K	20x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	377.78	+0.394%	$79K	$36K	30x	as long as short
Phoenix TSLA	+0.0276%	1h	376.28	−0.004%	$1.3M	$540K	20x	as long as short