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

TSLA

RWAall TSLA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0024%/8h= +2.6% APRnext payment +$0.03 per $10,000 · paid last 24h −0.017%
Price spread now: Coinbase International against Lighter−0.013%7-day average −0.086% · you buy dearer than you sell
Net, funding: paid 7d − costs−$15as in the Funding arb table
Net, price: spread back to 7d avg − costs−$12as in the Price arb table
costs, in and out, $10k−$190.193% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.044%+$4 on $10k
Price spread, last 4 days (all we have)−0.066%−$7 · spread now −0.013%, 7d avg −0.086%
Together, before fees−0.022%+ Points / potential airdropLighter: Season 3 · 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 Coinbase International is 0.073% dearer against Lighter than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.086%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter TSLA376.500.0032pay 0.0004% / 1h37m 15s$816K$3.6M20x
ShortCoinbase International TSLA-PERP-INTX376.450.0056get 0.0007% / 1h37m 15s$512K$330K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against Lighter. 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
$5.04
Price spread: −0.013% → −0.086%
$7.3
Slippage, 4 orders
−$9.34
Fee Lighter: 0 bp × 2 orders
$0
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$7
Costs to cover
0.193%
Break-even
16.7 days
Slippage from Lighter: live order book, 5 min ago; Coinbase International: live order book, 21 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Lighter live order book, 5 min ago0.26 bp0.6 bp −$11.7 bp −$1732.0 bp −$3,200doesn't fit
Sell Coinbase International live order book, 21 min ago2.66 bp9.3 bp −$911.1 bp −$111doesn't fitdoesn't fit

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−0.0679%4h376.60+0.028%$398K$1.0M10xas long as short
Aster TSLAUSDT0.0000%8h376.52+0.004%$577K$196K50xas long as short
Extended TSLA_24_5-USD0.0000%1h376.43−0.018%$480K$4.6M10xas long as short
Binance TSLAUSDT0.0000%8h376.53+0.009%$47.3M$111.1M25xas long as short
Bybit TSLAUSDT0.0000%8h376.58+0.021%$10.3M$15.4M100xas long as short
OKX TSLA-USDT-SWAP0.0000%8h376.52+0.005%$11.2M$16.9M25xas long as short
RISEx TSLA/USDC0.0000%1h376.58+0.022%$290K$587K20xas long as short
Hotstuff TSLA-PERP0.0000%1h376.24−0.069%$34K20xas long as short
Bitget TSLAUSDT0.0000%8h376.47−0.008%$17.0M$23.1M100xas long as short
Variational Omni TSLA0.0000%8h376.64+0.036%$1.9M$1.4Mas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX TSLA-USD0.0000%1h376.59+0.024%$200K$907K20xas long as short
Deribit TSLA_USDC-PERPETUAL0.0000%1h376.44−0.016%$20K$188K10xas long as short
Phemex TSLAUSDT0.0000%4h376.58+0.021%$1.1M$14K10xas long as short
BloFin TSLA-USDT+0.0017%8h376.61+0.029%$576K$353K20xas long as short
Aftermath Perps TSLAUSD+0.0017%1h376.50−0.001%$38K$42K10xas long as short
Lighter TSLAlong+0.0032%1h376.50long leg$816K$3.6M20x
Lighter RH TSLA+0.0032%1h376.500.000%$1.2M$2.5M20xas long as short
QFEX TSLA-USD+0.0038%1h376.46−0.011%$1.2M$6.5M10xas long as short
Arcus TSLA-USD+0.0040%1h376.37−0.035%$140K$96K10xas long as short
Bullet TSLA-USD+0.0043%1h376.56+0.016%$6K$92K10xas long as short
Vest TSLA-USD-PERP+0.0046%1h376.56+0.016%$130K25xas long as short
tradeXYZ xyz:TSLA+0.0050%1h376.31−0.050%$44.3M$14.4M20xas long as short
Polymarket Perps TSLA-USD+0.0050%1h376.31−0.050%$301K$309K10xas long as short
SoDEX TSLA-USD+0.0050%1h376.44−0.016%$4K$3K10xas long as short
Ondo Perps TSLA-USD.P+0.0050%1h376.46−0.011%$1.6M$1.1M10xas long as short
Coinbase International TSLA-PERP-INTXshort+0.0056%1h376.45−0.013%$512K$330K10x
GRVT TSLA_USDT_Perp+0.0060%8h376.73+0.061%$845K$2.8M10xas long as short
Gate TSLA_USDT+0.0095%8h376.54+0.011%$2.3M$3.6M100xas long as short
Pacifica TSLA+0.0100%1h376.40−0.026%$390K$38K10xas long as short
KuCoin TSLAUSDTM+0.0100%8h376.47−0.008%$1.5M$105K20xas long as short
ApeX Omni TSLAUSDT+0.0100%1h376.51+0.003%$4K$62K50xas long as short
Orderly PERP_TSLA_USDC+0.0100%8h376.37−0.035%$41K$23K20xas long as short
Aevo TSLA-PERP+0.0104%1h376.44−0.016%$74510xas long as short
Nado TSLA-PERP+0.0144%1h376.42−0.020%$489K$112K20xas long as short
Injective TSLA/USDC PERP+0.0220%1h377.69+0.316%$79K$36K30xas long as short
Phoenix TSLA+0.0255%1h376.81+0.082%$1.3M$539K20xas long as short