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

TSLA

RWAall TSLA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0103%/8h= −11.3% APRnext payment $0.13 per $10,000 · paid last 24h −0.010%
Price spread now: Lighter RH against Nado−0.026%48s7-day average +0.023% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$300.296% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.066%+$7 on $10k
Price spread, last 3 days (all we have)+0.131%+$13 · spread now −0.026%, 7d avg +0.023%
Together, before fees+0.197%+ Points / potential airdropNado: Active · Lighter RH: Points live · farm board+$20 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Lighter RH is 0.049% cheaper against Nado than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.023%). Swap the legs. Mind the row above: over the last 3 days funding on this pair paid +0.066%, so the current rate has only just turned against you. The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado TSLA-PERP376.150.0135pay 0.0017% / 1h45m 44s$490K$111K20x
ShortLighter RH TSLA376.050.0032get 0.0004% / 1h45m 44s$1.2M$2.5M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter RH against Nado. 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
−$21.58
Price spread: −0.026% → +0.023%
−$4.9
Slippage, 4 orders
−$22.58
Fee Nado: 3.5 bp × 2 orders
−$7
Fee Lighter RH: 0 bp × 2 orders
$0
Net
−$56.06
Costs to cover
0.296%
Break-even
never at this rate
Slippage from Nado: live order book, 27 min ago; Lighter RH: live order book, 2 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 Nado live order book, 27 min ago4.79 bp13.3 bp −$1325.8 bp −$258doesn't fitdoesn't fit
Sell Lighter RH live order book, 2 min ago1.46 bp2.0 bp −$24.4 bp −$4440.1 bp −$4,009doesn'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−0.0241%4h376.30+0.041%$398K$1.0M10xas long as short
BloFin TSLA-USDT−0.0026%8h376.32+0.046%$570K$340K20xas long as short
Aster TSLAUSDT0.0000%8h376.02−0.035%$585K$191K50xas long as short
Extended TSLA_24_5-USD0.0000%1h375.98−0.044%$483K$11.0M10xas long as short
Binance TSLAUSDT0.0000%8h376.06−0.023%$46.9M$109.5M25xas long as short
Bybit TSLAUSDT0.0000%8h376.04−0.028%$10.2M$15.4M100xas long as short
OKX TSLA-USDT-SWAP0.0000%8h375.95−0.052%$11.2M$16.8M25xas long as short
Gate TSLA_USDT0.0000%8h376.09−0.015%$2.3M$3.9M100xas long as short
Bitget TSLAUSDT0.0000%8h375.99−0.042%$16.8M$22.6M100xas long as short
Variational Omni TSLA0.0000%8h376.17+0.005%$1.9M$1.3Mas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX TSLA-USD0.0000%1h376.31+0.043%$200K$894K20xas long as short
Deribit TSLA_USDC-PERPETUAL0.0000%1h375.95−0.052%$20K$186K10xas long as short
Phemex TSLAUSDT0.0000%4h376.08−0.018%$1.1M$13K10xas long as short
Aftermath Perps TSLAUSD+0.0009%1h376.14−0.003%$38K$47K10xas long as short
QFEX TSLA-USD+0.0028%1h376.13−0.005%$1.2M$7.1M10xas long as short
Lighter TSLA+0.0032%1h375.99−0.042%$655K$3.3M20xas long as short
Lighter RH TSLAshort+0.0032%1h376.05−0.026%$1.2M$2.5M20x
Arcus TSLA-USD+0.0040%1h376.06−0.023%$165K$91K10xas long as short
Vest TSLA-USD-PERP+0.0046%1h376.16+0.003%$133K25xas long as short
Coinbase International TSLA-PERP-INTX+0.0048%1h375.11−0.276%$529K$312K10xas long as short
tradeXYZ xyz:TSLA+0.0050%1h375.80−0.092%$44.2M$14.3M20xas long as short
Polymarket Perps TSLA-USD+0.0050%1h375.99−0.042%$298K$308K10xas long as short
SoDEX TSLA-USD+0.0050%1h376.03−0.031%$4K$3K10xas long as short
Ondo Perps TSLA-USD.P+0.0050%1h375.85−0.079%$1.6M$1.0M10xas long as short
RISEx TSLA/USDC+0.0079%1h376.10−0.013%$291K$598K20xas long as short
GRVT TSLA_USDT_Perp+0.0086%8h376.35+0.054%$855K$2.8M10xas long as short
Pacifica TSLA+0.0100%1h375.88−0.071%$389K$38K10xas long as short
KuCoin TSLAUSDTM+0.0100%8h375.88−0.071%$1.5M$158K20xas long as short
ApeX Omni TSLAUSDT+0.0100%1h376.13−0.005%$4K$62K50xas long as short
Orderly PERP_TSLA_USDC+0.0100%8h376.15+0.001%$41K$21K20xas long as short
Aevo TSLA-PERP+0.0104%1h376.07−0.020%$74510xas long as short
Nado TSLA-PERPlong+0.0135%1h376.15long leg$490K$111K20x
Injective TSLA/USDC PERP+0.0220%1h377.10+0.253%$78K$36K30xas long as short
Bullet TSLA-USD+0.0228%1h376.16+0.004%$5K$92K10xas long as short
Phoenix TSLA+0.0277%1h376.29+0.038%$1.3M$547K20xas long as short
Hotstuff TSLA-PERP+0.0296%1h376.04−0.028%$34K20xas long as short