Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0040%/8h= −4.4% APRpaid last 24h −0.054%

Price spread now: Bitget against Arcus+0.029%7-day average +0.082% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$42as in the Price arb table

costs, in and out, $10k−$370.369% of the position

Long on Arcus Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.076%−$8 on $10k

Price spread, last 4 days (all we have)+0.114%+$11 · spread now +0.029%, 7d avg +0.082%

Together, before fees+0.037%+$4 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Bitget is 0.053% cheaper against Arcus than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.082%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Arcus TSLA-USD	377.06	0.0040	pay 0.0005% / 1h	39m 24s	$161K	$95K	10x
Short	Bitget TSLAUSDT	377.17	0	get 0.0000% / 8h	5h 39m	$17.0M	$22.9M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Arcus. 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 ArcusbpFee BitgetbpOrdersPrice spread, now +0.029%Rate

Funding earned: −$8.46
Price spread: +0.029% → +0.082%: −$5.29
Slippage, 4 orders: −$20.39
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$50.63
Costs to cover: 0.369%
Break-even: never at this rate

Slippage from Arcus: live order book, 24 min ago; Bitget: live order book, 4 min ago.

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 Arcus live order book, 24 min ago	0.93 bp	9.4 bp −$9	11.8 bp −$118	doesn't fit	doesn't fit
Sell Bitget live order book, 4 min ago	0.53 bp	7.1 bp −$7	9.9 bp −$99	25.9 bp −$2,594	doesn't fit

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	−0.0390%	4h	377.07	+0.002%	$398K	$1.0M	10x	as long as short
Aster TSLAUSDT	0.0000%	8h	377.10	+0.011%	$578K	$196K	50x	as long as short
Extended TSLA_24_5-USD	0.0000%	1h	377.00	−0.016%	$479K	$7.4M	10x	as long as short
Binance TSLAUSDT	0.0000%	8h	377.09	+0.007%	$47.4M	$110.5M	25x	as long as short
Bybit TSLAUSDT	0.0000%	8h	377.16	+0.027%	$10.3M	$15.4M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	377.01	−0.013%	$11.2M	$16.8M	25x	as long as short
RISEx TSLA/USDC	0.0000%	1h	377.12	+0.016%	$290K	$599K	20x	as long as short
Hotstuff TSLA-PERP	0.0000%	1h	376.71	−0.093%	$34K	—	20x	as long as short
Bitget TSLAUSDTshort	0.0000%	8h	377.17	+0.029%	$17.0M	$22.9M	100x
Variational Omni TSLA	0.0000%	8h	377.02	−0.010%	$1.9M	$1.4M	—	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT TSLA_USDT_Perp	0.0000%	8h	377.34	+0.073%	$850K	$2.8M	10x	as long as short
StandX TSLA-USD	0.0000%	1h	377.08	+0.005%	$200K	$909K	20x	as long as short
Coinbase International TSLA-PERP-INTX	0.0000%	1h	377.33	+0.072%	$513K	$328K	10x	as long as short
Phemex TSLAUSDT	0.0000%	4h	377.14	+0.021%	$1.1M	$15K	10x	as long as short
Aftermath Perps TSLAUSD	+0.0010%	1h	377.06	0.000%	$38K	$43K	10x	as long as short
BloFin TSLA-USDT	+0.0014%	8h	377.32	+0.069%	$577K	$341K	20x	as long as short
QFEX TSLA-USD	+0.0019%	1h	377.08	+0.005%	$1.2M	$6.6M	10x	as long as short
Lighter TSLA	+0.0032%	1h	377.05	−0.003%	$820K	$3.6M	20x	as long as short
Lighter RH TSLA	+0.0032%	1h	377.05	−0.003%	$1.2M	$2.6M	20x	as long as short
Arcus TSLA-USDlong	+0.0040%	1h	377.06	long leg	$161K	$95K	10x
Deribit TSLA_USDC-PERPETUAL	+0.0042%	1h	376.96	−0.027%	$20K	$187K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	377.08	+0.005%	—	$130K	25x	as long as short
Bullet TSLA-USD	+0.0046%	1h	377.11	+0.013%	$5K	$92K	10x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	376.84	−0.058%	$44.3M	$14.3M	20x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	377.01	−0.013%	$301K	$310K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	377.02	−0.011%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	376.97	−0.024%	$1.5M	$1.1M	10x	as long as short
Pacifica TSLA	+0.0100%	1h	376.93	−0.034%	$390K	$37K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	376.97	−0.024%	$1.5M	$105K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	377.09	+0.008%	$4K	$62K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	377.06	0.000%	$41K	$22K	20x	as long as short
Gate TSLA_USDT	+0.0102%	8h	377.10	+0.011%	$2.3M	$3.7M	100x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	376.98	−0.021%	$746	—	10x	as long as short
Nado TSLA-PERP	+0.0141%	1h	376.91	−0.039%	$490K	$112K	20x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	378.30	+0.329%	$79K	$36K	30x	as long as short
Phoenix TSLA	+0.0254%	1h	377.37	+0.082%	$1.3M	$539K	20x	as long as short