Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h +0.010%

Price spread now: Lighter RH against Bitget0.000%7-day average −0.043% · you sell dearer than you buy

Net, funding: paid 7d − costs−$19as in the Funding arb table

Net, price: spread back to 7d avg − costs−$18as in the Price arb table

costs, in and out, $10k−$230.227% of the position

Long on Bitget Short on Lighter RH

What this pair did over the last

the charts below follow

Funding, last 7 days+0.033%+$3 on $10k

Price spread, last 7 days−0.010%−$1 · spread now 0.000%, 7d avg −0.043%

Together, before fees+0.023%+ Points / potential airdropLighter 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 0.043% dearer against Bitget than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.043%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget TSLAUSDT	376.59	0	get 0.0000% / 8h	10m 53s	$17.3M	$23.2M	100x
Short	Lighter RH TSLA	376.59	0.0032	get 0.0004% / 1h	10m 53s	$1.2M	$2.6M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter RH against Bitget. 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 BitgetbpFee Lighter RHbpOrdersPrice spread, now 0.000%Rate

Funding earned: $6.72
Price spread: 0.000% → −0.043%: $4.32
Slippage, 4 orders: −$10.73
Fee Bitget: 6 bp × 2 orders: −$12
Fee Lighter RH: 0 bp × 2 orders: $0
Net: −$11.69
Costs to cover: 0.227%
Break-even: 19.2 days

Slippage from Bitget: live order book, 3 min ago; Lighter RH: live order book, 2 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 Bitget live order book, 3 min ago	0.53 bp	9.2 bp −$9	12.5 bp −$125	doesn't fit	doesn't fit
Sell Lighter RH live order book, 2 min ago	2.12 bp	2.3 bp −$2	3.6 bp −$36	38.7 bp −$3,874	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	−0.0276%	4h	377.20	+0.162%	$399K	$1.0M	10x	as long as short
Bybit TSLAUSDT	0.0000%	8h	376.65	+0.016%	$10.2M	$15.4M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	376.70	+0.029%	$11.3M	$16.9M	25x	as long as short
Gate TSLA_USDT	0.0000%	8h	376.67	+0.021%	$2.3M	$3.5M	100x	as long as short
Bitget TSLAUSDTlong	0.0000%	8h	376.59	long leg	$17.3M	$23.2M	100x
StandX TSLA-USD	0.0000%	1h	376.61	+0.005%	$200K	$918K	20x	as long as short
Phemex TSLAUSDT	0.0000%	4h	376.67	+0.021%	$1.1M	$14K	10x	as long as short
Hotstuff TSLA-PERP	+0.0016%	1h	376.38	−0.056%	$34K	—	20x	as long as short
Aster TSLAUSDT	+0.0020%	8h	376.74	+0.039%	$575K	$200K	50x	as long as short
Lighter RH TSLAshort	+0.0032%	1h	376.59	0.000%	$1.2M	$2.6M	20x

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aftermath Perps TSLAUSD	+0.0033%	1h	376.67	+0.022%	$38K	$36K	10x	as long as short
Arcus TSLA-USD	+0.0040%	1h	376.82	+0.061%	$135K	$108K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	376.63	+0.011%	—	$125K	25x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	376.35	−0.064%	$44.7M	$15.0M	20x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	376.51	−0.021%	$301K	$303K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	376.60	+0.003%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	376.29	−0.080%	$1.6M	$1.1M	10x	as long as short
Variational Omni TSLA	+0.0057%	8h	376.66	+0.018%	$1.8M	$1.3M	—	as long as short
QFEX TSLA-USD	+0.0067%	1h	376.57	−0.005%	$1.2M	$6.2M	10x	as long as short
BloFin TSLA-USDT	+0.0072%	8h	376.68	+0.024%	$579K	$356K	20x	as long as short
Binance TSLAUSDT	+0.0085%	8h	376.63	+0.011%	$47.1M	$114.6M	25x	as long as short
Extended TSLA_24_5-USD	+0.0088%	1h	376.51	−0.022%	$483K	$2.7M	10x	as long as short
Pacifica TSLA	+0.0100%	1h	376.40	−0.050%	$390K	$37K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	376.36	−0.061%	$1.5M	$1.8M	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	376.73	+0.037%	$4K	$62K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	376.60	+0.003%	$41K	$23K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	376.65	+0.017%	$746	—	10x	as long as short
Lighter TSLA	+0.0144%	1h	376.60	+0.003%	$821K	$3.7M	20x	as long as short
Coinbase International TSLA-PERP-INTX	+0.0176%	1h	376.72	+0.035%	$509K	$357K	10x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	379.80	+0.852%	$79K	$36K	30x	as long as short
Bullet TSLA-USD	+0.0239%	1h	376.70	+0.029%	$6K	$92K	10x	as long as short
RISEx TSLA/USDC	+0.0257%	1h	376.77	+0.047%	$215K	$655K	20x	as long as short
Nado TSLA-PERP	+0.0279%	1h	376.38	−0.056%	$498K	$116K	20x	as long as short
GRVT TSLA_USDT_Perp	+0.0292%	8h	377.06	+0.126%	$850K	$2.8M	10x	as long as short
Deribit TSLA_USDC-PERPETUAL	+0.0308%	1h	376.54	−0.013%	$18K	$195K	10x	as long as short
Phoenix TSLA	+0.0404%	1h	376.98	+0.104%	$1.3M	$525K	20x	as long as short