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

TSLA

RWAall TSLA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0068%/8h= +7.4% APRnext payment +$0.09 per $10,000 · paid last 24h +0.020%
Price spread now: Pacifica against Lighter RH−0.064%57s7-day average −0.030% · you buy dearer than you sell
Net, funding: paid 7d − costs−$12as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$260.255% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.139%+$14 on $10k
Price spread, last 4 days (all we have)+0.032%+$3 · spread now −0.064%, 7d avg −0.030%
Together, before fees+0.171%+ Points / potential airdropLighter RH: Points live · Pacifica: Active · farm board+$17 on $10k · with fees, hour by hour
Funding pays, the price is against you. Pacifica is 0.034% cheaper against Lighter RH than usual: you would sell low and buy high (spread −0.064% now, against its 7-day average of −0.030%). If the spread goes back, that is −$3 on $10k: about 41 hours of funding at the current rate (+$2 a day). The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter RH TSLA375.910.0032pay 0.0004% / 1h57m 46s$1.3M$2.5M20x
ShortPacifica TSLA375.670.0100get 0.0013% / 1h57m 46s$389K$37K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica 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
$14.28
Price spread: −0.064% → −0.030%
−$3.44
Slippage, 4 orders
−$17.51
Fee Lighter RH: 0 bp × 2 orders
$0
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$14.67
Costs to cover
0.255%
Break-even
14.2 days
Slippage from Lighter RH: live order book, 5 min ago; Pacifica: live order book, 46 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, 5 min ago1.20 bp1.5 bp −$14.9 bp −$4944.0 bp −$4,397doesn't fit
Sell Pacifica live order book, 46 min ago2.80 bp16.0 bp −$16doesn't fitdoesn'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−0.0308%4h375.98+0.018%$398K$1.0M10xas long as short
Aster TSLAUSDT0.0000%8h376.02+0.030%$574K$200K50xas long as short
Bybit TSLAUSDT0.0000%8h376.00+0.024%$10.2M$15.3M100xas long as short
OKX TSLA-USDT-SWAP0.0000%8h375.97+0.016%$11.2M$16.9M25xas long as short
Gate TSLA_USDT0.0000%8h376.05+0.037%$2.3M$3.4M100xas long as short
Bitget TSLAUSDT0.0000%8h375.910.000%$17.2M$22.9M100xas long as short
Variational Omni TSLA0.0000%8h375.97+0.016%$1.9M$1.3Mas long as short
StandX TSLA-USD0.0000%1h376.08+0.045%$200K$918K20xas long as short
Phemex TSLAUSDT0.0000%4h375.98+0.019%$1.1M$14K10xas long as short
Binance TSLAUSDT+0.0028%8h376.02+0.029%$47.1M$113.3M25xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aftermath Perps TSLAUSD+0.0030%1h375.80−0.028%$38K$38K10xas long as short
Lighter RH TSLAlong+0.0032%1h375.91long leg$1.3M$2.5M20x
Extended TSLA_24_5-USD+0.0032%1h375.93+0.007%$480K$2.8M10xas long as short
BloFin TSLA-USDT+0.0040%8h376.09+0.048%$577K$355K20xas long as short
Arcus TSLA-USD+0.0040%1h375.81−0.027%$135K$108K10xas long as short
Vest TSLA-USD-PERP+0.0046%1h375.92+0.003%$119K25xas long as short
Hotstuff TSLA-PERP+0.0048%1h375.75−0.043%$34K20xas long as short
tradeXYZ xyz:TSLA+0.0050%1h375.74−0.045%$44.6M$14.9M20xas long as short
Polymarket Perps TSLA-USD+0.0050%1h375.78−0.035%$300K$304K10xas long as short
SoDEX TSLA-USD+0.0050%1h375.910.000%$4K$3K10xas long as short
Ondo Perps TSLA-USD.P+0.0050%1h375.65−0.069%$1.6M$1.1M10xas long as short
QFEX TSLA-USD+0.0052%1h375.95+0.011%$1.2M$6.2M10xas long as short
Pacifica TSLAshort+0.0100%1h375.67−0.064%$389K$37K10x
KuCoin TSLAUSDTM+0.0100%8h375.80−0.029%$1.5M$334K20xas long as short
ApeX Omni TSLAUSDT+0.0100%1h375.66−0.067%$4K$61K50xas long as short
Orderly PERP_TSLA_USDC+0.0100%8h375.85−0.016%$41K$23K20xas long as short
Aevo TSLA-PERP+0.0104%1h375.98+0.017%$74410xas long as short
Coinbase International TSLA-PERP-INTX+0.0176%1h375.69−0.059%$505K$350K10xas long as short
Lighter TSLA+0.0184%1h375.96+0.013%$821K$3.7M20xas long as short
Injective TSLA/USDC PERP+0.0220%1h379.54+0.966%$79K$36K30xas long as short
GRVT TSLA_USDT_Perp+0.0245%8h376.09+0.049%$849K$2.8M10xas long as short
RISEx TSLA/USDC+0.0257%1h376.09+0.047%$214K$643K20xas long as short
Bullet TSLA-USD+0.0295%1h376.04+0.035%$6K$90K10xas long as short
Nado TSLA-PERP+0.0298%1h375.70−0.055%$488K$111K20xas long as short
Phoenix TSLA+0.0318%1h375.90−0.003%$1.3M$525K20xas long as short
Deribit TSLA_USDC-PERPETUAL+0.0549%1h375.99+0.021%$18K$194K10xas long as short