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

TSLA

RWAall TSLA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0088%/8h= +9.6% APRnext payment +$0.11 per $10,000 · paid last 24h +0.019%
Price spread now: Coinbase International against Lighter RH+0.112%7-day average −0.088% · you sell dearer than you buy
Net, funding: paid 7d − costs−$11as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1as in the Price arb table
costs, in and out, $10k−$210.211% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.103%+$10 on $10k
Price spread, last 4 days (all we have)−0.224%−$22 · spread now +0.112%, 7d avg −0.088%
Together, before fees−0.121%+ Points / potential airdropLighter RH: Points live · farm board−$12 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Coinbase International is 0.200% dearer against Lighter RH than usual: you sell high and buy low: +$20 more if the spread goes back to its 7-day average of −0.088%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter RH TSLA376.400.0032pay 0.0004% / 1h54m 14s$1.2M$2.5M20x
ShortCoinbase International TSLA-PERP-INTX376.820.0120get 0.0015% / 1h54m 14s$508K$367K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against Lighter RH. 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
$18.48
Price spread: +0.112% → −0.088%
$19.99
Slippage, 4 orders
−$11.11
Fee Lighter RH: 0 bp × 2 orders
$0
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
$17.36
Costs to cover
0.211%
Break-even
0.4 days
Slippage from Lighter RH: live order book, 4 min ago; Coinbase International: live order book, 39 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 RH live order book, 4 min ago1.59 bp1.7 bp −$25.6 bp −$5647.3 bp −$4,732doesn't fit
Sell Coinbase International live order book, 39 min ago2.80 bp9.0 bp −$911.6 bp −$116doesn'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−0.0815%4h376.81+0.109%$396K$1.0M10xas long as short
Bybit TSLAUSDT0.0000%8h376.46+0.016%$10.1M$15.0M100xas long as short
OKX TSLA-USDT-SWAP0.0000%8h376.54+0.037%$11.2M$16.8M25xas long as short
Gate TSLA_USDT0.0000%8h376.48+0.021%$2.3M$3.2M100xas long as short
Bitget TSLAUSDT0.0000%8h376.52+0.032%$17.2M$23.7M100xas long as short
Deribit TSLA_USDC-PERPETUAL0.0000%1h376.33−0.019%$18K$192K10xas long as short
Phemex TSLAUSDT0.0000%4h376.59+0.050%$1.1M$14K10xas long as short
StandX TSLA-USD+0.0009%1h376.49+0.024%$200K$967K20xas long as short
Aftermath Perps TSLAUSD+0.0023%1h376.41+0.003%$38K$36K10xas long as short
Lighter RH TSLAlong+0.0032%1h376.40long leg$1.2M$2.5M20x
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Arcus TSLA-USD+0.0040%1h376.26−0.037%$132K$109K10xas long as short
Vest TSLA-USD-PERP+0.0046%1h376.43+0.008%$126K25xas long as short
Lighter TSLA+0.0048%1h376.400.000%$805K$3.7M20xas long as short
tradeXYZ xyz:TSLA+0.0050%1h376.27−0.035%$44.7M$14.8M20xas long as short
Polymarket Perps TSLA-USD+0.0050%1h376.25−0.040%$300K$158K10xas long as short
SoDEX TSLA-USD+0.0050%1h376.48+0.021%$4K$3K10xas long as short
Ondo Perps TSLA-USD.P+0.0050%1h376.19−0.056%$1.6M$1.1M10xas long as short
QFEX TSLA-USD+0.0053%1h376.32−0.021%$1.3M$6.2M10xas long as short
Aster TSLAUSDT+0.0081%8h376.73+0.087%$575K$189K50xas long as short
Pacifica TSLA+0.0100%1h376.15−0.066%$389K$36K10xas long as short
KuCoin TSLAUSDTM+0.0100%8h376.24−0.043%$1.4M$2.8M20xas long as short
ApeX Omni TSLAUSDT+0.0100%1h376.47+0.019%$4K$62K50xas long as short
Orderly PERP_TSLA_USDC+0.0100%8h376.42+0.005%$41K$24K20xas long as short
Aevo TSLA-PERP+0.0104%1h376.69+0.077%$74610xas long as short
Variational Omni TSLA+0.0112%8h376.75+0.093%$1.7M$1.5Mas long as short
Coinbase International TSLA-PERP-INTXshort+0.0120%1h376.82+0.112%$508K$367K10x
BloFin TSLA-USDT+0.0132%8h376.55+0.040%$579K$365K20xas long as short
Extended TSLA_24_5-USD+0.0136%1h376.42+0.005%$481K$2.7M10xas long as short
Binance TSLAUSDT+0.0139%8h376.50+0.027%$47.2M$115.4M25xas long as short
Hotstuff TSLA-PERP+0.0152%1h376.17−0.061%$34K20xas long as short
Bullet TSLA-USD+0.0174%1h376.57+0.045%$6K$93K10xas long as short
RISEx TSLA/USDC+0.0175%1h376.49+0.024%$215K$652K20xas long as short
Injective TSLA/USDC PERP+0.0220%1h379.42+0.802%$79K$37K30xas long as short
Nado TSLA-PERP+0.0243%1h376.26−0.036%$499K$111K20xas long as short
Phoenix TSLA+0.0404%1h377.00+0.159%$1.3M$502K20xas long as short
GRVT TSLA_USDT_Perp+0.0683%8h377.11+0.189%$849K$2.9M10xas long as short