Settings8H · net · $10k
Funding arb · Price arb /

TSLA

RWAall TSLA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0048%/8h= +5.3% APRnext payment +$0.06 per $10,000 · paid last 24h +0.095%
Price spread now: Lighter against Hotstuff+0.074%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHotstuff: Active · Lighter: Season 3 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Lighter is 0.074% dearer against Hotstuff than usual: you sell high and buy low: +$7 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHotstuff TSLA-PERP376.18−0.0016get 0.0002% / 1h12m 19s$34K20x
ShortLighter TSLA376.460.0032get 0.0004% / 1h12m 19s$815K$3.6M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against Hotstuff. 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

Funding earned
$10.08
Price spread: +0.074% → 0.000%
$7.44
Slippage, 4 orders
no order book: not counted
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Fee Lighter: 0 bp × 2 orders
$0
Net
$12.52
Costs to cover
0.050%
Break-even
from the start
Slippage unknown: Hotstuff: no order-book sample; Lighter: live order book, 5 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Hotstuff no order-book sample
Sell Lighter live order book, 5 min ago0.53 bp1.0 bp −$12.1 bp −$2140.0 bp −$4,005doesn't fit
Hotstuff: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX TSLAUSDC−0.0790%4h376.49+0.081%$398K$1.0M10xas long as short
Hotstuff TSLA-PERPlong−0.0016%1h376.18long leg$34K20x
Aster TSLAUSDT0.0000%8h376.56+0.100%$577K$196K50xas long as short
Extended TSLA_24_5-USD0.0000%1h376.41+0.060%$481K$3.4M10xas long as short
Binance TSLAUSDT0.0000%8h376.50+0.085%$47.3M$111.1M25xas long as short
Bybit TSLAUSDT0.0000%8h376.56+0.101%$10.3M$15.4M100xas long as short
OKX TSLA-USDT-SWAP0.0000%8h376.42+0.064%$11.3M$16.8M25xas long as short
RISEx TSLA/USDC0.0000%1h376.53+0.093%$290K$587K20xas long as short
Bitget TSLAUSDT0.0000%8h376.44+0.069%$17.0M$23.0M100xas long as short
Variational Omni TSLA0.0000%8h376.50+0.085%$1.9M$1.4Mas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX TSLA-USD0.0000%1h376.45+0.072%$200K$908K20xas long as short
Deribit TSLA_USDC-PERPETUAL0.0000%1h376.33+0.040%$20K$189K10xas long as short
Phemex TSLAUSDT0.0000%4h376.52+0.090%$1.1M$14K10xas long as short
Aftermath Perps TSLAUSD+0.0017%1h376.51+0.086%$38K$41K10xas long as short
BloFin TSLA-USDT+0.0025%8h376.61+0.114%$577K$352K20xas long as short
Lighter TSLAshort+0.0032%1h376.46+0.074%$815K$3.6M20x
Lighter RH TSLA+0.0032%1h376.45+0.072%$1.2M$2.6M20xas long as short
QFEX TSLA-USD+0.0038%1h376.43+0.066%$1.2M$6.5M10xas long as short
Arcus TSLA-USD+0.0040%1h376.35+0.045%$133K$106K10xas long as short
Vest TSLA-USD-PERP+0.0046%1h376.43+0.066%$130K25xas long as short
tradeXYZ xyz:TSLA+0.0050%1h376.20+0.005%$44.3M$14.5M20xas long as short
Polymarket Perps TSLA-USD+0.0050%1h376.31+0.035%$301K$309K10xas long as short
SoDEX TSLA-USD+0.0050%1h376.41+0.061%$4K$3K10xas long as short
Ondo Perps TSLA-USD.P+0.0050%1h376.12−0.016%$1.6M$1.1M10xas long as short
Bullet TSLA-USD+0.0053%1h376.49+0.082%$4K$91K10xas long as short
GRVT TSLA_USDT_Perp+0.0055%8h376.65+0.126%$854K$2.8M10xas long as short
Coinbase International TSLA-PERP-INTX+0.0056%1h376.45+0.072%$512K$330K10xas long as short
Gate TSLA_USDT+0.0070%8h376.49+0.082%$2.3M$3.6M100xas long as short
Pacifica TSLA+0.0100%1h376.28+0.026%$390K$38K10xas long as short
KuCoin TSLAUSDTM+0.0100%8h376.38+0.053%$1.5M$105K20xas long as short
ApeX Omni TSLAUSDT+0.0100%1h376.42+0.064%$4K$62K50xas long as short
Orderly PERP_TSLA_USDC+0.0100%8h376.36+0.048%$41K$23K20xas long as short
Aevo TSLA-PERP+0.0104%1h376.40+0.058%$74510xas long as short
Nado TSLA-PERP+0.0151%1h376.32+0.037%$489K$112K20xas long as short
Injective TSLA/USDC PERP+0.0220%1h377.69+0.401%$79K$36K30xas long as short
Phoenix TSLA+0.0255%1h376.75+0.152%$1.3M$539K20xas long as short