Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0068%/8h= +7.4% APRpaid last 24h +0.020%

Price spread now: Orderly against Lighter RH+0.003%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Lighter RH Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropLighter RH: Points live · farm boardneeds both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter RH TSLA	376.07	0.0032	pay 0.0004% / 1h	41m 51s	$1.2M	$2.5M	20x
Short	Orderly PERP_TSLA_USDC	376.08	0.0100	get 0.0100% / 8h	3h 41m	$41K	$23K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly 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

Position, each leg$Hold fordaysFee Lighter RHbpFee OrderlybpOrdersPrice spread, now +0.003%Rate

Funding earned: $14.28
Price spread: +0.003% → 0.000%: $0.27
Slippage, 4 orders: no order book: not counted
Fee Lighter RH: 0 bp × 2 orders: $0
Fee Orderly: 3 bp × 2 orders: −$6
Net: $8.55
Costs to cover: 0.060%
Break-even: 2.8 days

Slippage unknown: Lighter RH: live order book, 1 min ago; Orderly: no order-book sample. Net counts fees only.

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 Lighter RH live order book, 1 min ago	2.13 bp	2.9 bp −$3	6.4 bp −$64	49.6 bp −$4,962	doesn't fit
Sell Orderly no order-book sample	—	—	—	—	—

Orderly: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX TSLAUSDC	−0.0441%	4h	376.30	+0.062%	$398K	$1.0M	10x	as long as short
BloFin TSLA-USDT	−0.0028%	8h	376.30	+0.061%	$576K	$352K	20x	as long as short
Hotstuff TSLA-PERP	−0.0008%	1h	375.98	−0.024%	$34K	—	20x	as long as short
Aster TSLAUSDT	0.0000%	8h	376.21	+0.038%	$576K	$195K	50x	as long as short
Extended TSLA_24_5-USD	0.0000%	1h	376.08	+0.002%	$480K	$2.7M	10x	as long as short
Binance TSLAUSDT	0.0000%	8h	376.12	+0.013%	$47.3M	$111.1M	25x	as long as short
Bybit TSLAUSDT	0.0000%	8h	376.25	+0.048%	$10.3M	$15.4M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	376.14	+0.019%	$11.2M	$16.8M	25x	as long as short
RISEx TSLA/USDC	0.0000%	1h	376.26	+0.051%	$290K	$580K	20x	as long as short
Bitget TSLAUSDT	0.0000%	8h	376.13	+0.016%	$17.0M	$22.5M	100x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni TSLA	0.0000%	8h	376.34	+0.072%	$1.9M	$1.3M	—	as long as short
StandX TSLA-USD	0.0000%	1h	376.28	+0.056%	$200K	$898K	20x	as long as short
Phemex TSLAUSDT	0.0000%	4h	376.50	+0.114%	$1.1M	$14K	10x	as long as short
Aftermath Perps TSLAUSD	+0.0021%	1h	375.98	−0.024%	$38K	$41K	10x	as long as short
Lighter TSLA	+0.0032%	1h	376.10	+0.008%	$818K	$3.6M	20x	as long as short
Lighter RH TSLAlong	+0.0032%	1h	376.07	long leg	$1.2M	$2.5M	20x
QFEX TSLA-USD	+0.0033%	1h	376.18	+0.029%	$1.2M	$6.4M	10x	as long as short
Gate TSLA_USDT	+0.0034%	8h	376.23	+0.043%	$2.3M	$3.5M	100x	as long as short
Arcus TSLA-USD	+0.0040%	1h	376.03	−0.011%	$133K	$106K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	376.15	+0.021%	—	$129K	25x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	375.82	−0.066%	$44.4M	$14.6M	20x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	376.05	−0.005%	$300K	$309K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	376.12	+0.013%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	376.12	+0.013%	$1.6M	$1.1M	10x	as long as short
GRVT TSLA_USDT_Perp	+0.0063%	8h	376.35	+0.074%	$842K	$2.8M	10x	as long as short
Coinbase International TSLA-PERP-INTX	+0.0080%	1h	376.45	+0.101%	$512K	$330K	10x	as long as short
Bullet TSLA-USD	+0.0087%	1h	376.23	+0.044%	$5K	$90K	10x	as long as short
Deribit TSLA_USDC-PERPETUAL	+0.0096%	1h	376.08	+0.003%	$20K	$189K	10x	as long as short
Pacifica TSLA	+0.0100%	1h	376.02	−0.013%	$390K	$38K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	376.05	−0.005%	$1.5M	$105K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	376.11	+0.011%	$4K	$62K	50x	as long as short
Orderly PERP_TSLA_USDCshort	+0.0100%	8h	376.08	+0.003%	$41K	$23K	20x
Aevo TSLA-PERP	+0.0104%	1h	376.17	+0.027%	$745	—	10x	as long as short
Nado TSLA-PERP	+0.0202%	1h	376.06	−0.002%	$489K	$112K	20x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	377.31	+0.330%	$78K	$36K	30x	as long as short
Phoenix TSLA	+0.0276%	1h	376.38	+0.082%	$1.3M	$540K	20x	as long as short