Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0018%/8h= −2.0% APRpaid last 24h −0.045%

Price spread now: BloFin against Arcus+0.077%7-day average +0.078% · 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−$34as in the Price arb table

costs, in and out, $10k−$340.344% of the position

Long on Arcus Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.058%−$6 on $10k

Price spread, last 4 days (all we have)−0.033%−$3 · spread now +0.077%, 7d avg +0.078%

Together, before fees−0.091%−$9 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.078%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Arcus TSLA-USD	376.17	0.0040	pay 0.0005% / 1h	27m 12s	$133K	$106K	10x
Short	BloFin TSLA-USDT	376.46	0.0022	get 0.0022% / 8h	3h 27m	$577K	$353K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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 BloFinbpOrdersPrice spread, now +0.077%Rate

Funding earned: −$3.83
Price spread: +0.077% → +0.078%: −$0.06
Slippage, 4 orders: −$17.92
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$38.31
Costs to cover: 0.344%
Break-even: never at this rate

Slippage from Arcus: live order book, 26 min ago; BloFin: 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, 26 min ago	2.66 bp	10.8 bp −$11	16.3 bp −$163	doesn't fit	doesn't fit
Sell BloFin live order book, 4 min ago	0.13 bp	7.2 bp −$7	9.3 bp −$93	22.3 bp −$2,232	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	−0.0646%	4h	376.39	+0.057%	$398K	$1.0M	10x	as long as short
Aster TSLAUSDT	0.0000%	8h	376.58	+0.110%	$577K	$198K	50x	as long as short
Extended TSLA_24_5-USD	0.0000%	1h	376.35	+0.048%	$480K	$2.7M	10x	as long as short
Binance TSLAUSDT	0.0000%	8h	376.46	+0.077%	$47.0M	$112.5M	25x	as long as short
Bybit TSLAUSDT	0.0000%	8h	376.44	+0.072%	$10.3M	$15.4M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	376.50	+0.088%	$11.3M	$16.9M	25x	as long as short
RISEx TSLA/USDC	0.0000%	1h	376.58	+0.110%	$290K	$580K	20x	as long as short
Bitget TSLAUSDT	0.0000%	8h	376.46	+0.077%	$17.1M	$22.6M	100x	as long as short
Variational Omni TSLA	0.0000%	8h	376.40	+0.061%	$1.9M	$1.3M	—	as long as short
StandX TSLA-USD	0.0000%	1h	376.60	+0.114%	$200K	$893K	20x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit TSLA_USDC-PERPETUAL	0.0000%	1h	376.31	+0.037%	$18K	$192K	10x	as long as short
Phemex TSLAUSDT	0.0000%	4h	376.51	+0.090%	$1.1M	$14K	10x	as long as short
Aftermath Perps TSLAUSD	+0.0019%	1h	376.17	−0.001%	$38K	$40K	10x	as long as short
BloFin TSLA-USDTshort	+0.0022%	8h	376.46	+0.077%	$577K	$353K	20x
Hotstuff TSLA-PERP	+0.0024%	1h	376.25	+0.021%	$34K	—	20x	as long as short
Gate TSLA_USDT	+0.0028%	8h	376.52	+0.093%	$2.3M	$3.5M	100x	as long as short
Lighter RH TSLA	+0.0032%	1h	376.38	+0.056%	$1.2M	$2.5M	20x	as long as short
QFEX TSLA-USD	+0.0033%	1h	376.51	+0.090%	$1.2M	$6.4M	10x	as long as short
Arcus TSLA-USDlong	+0.0040%	1h	376.17	long leg	$133K	$106K	10x
Vest TSLA-USD-PERP	+0.0046%	1h	376.44	+0.072%	—	$128K	25x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	376.20	+0.008%	$44.5M	$14.7M	20x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	376.26	+0.024%	$301K	$309K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	376.33	+0.043%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	376.25	+0.021%	$1.6M	$1.1M	10x	as long as short
Lighter TSLA	+0.0064%	1h	376.39	+0.058%	$839K	$3.7M	20x	as long as short
Coinbase International TSLA-PERP-INTX	+0.0080%	1h	376.13	−0.011%	$511K	$339K	10x	as long as short
GRVT TSLA_USDT_Perp	+0.0096%	8h	376.49	+0.085%	$855K	$2.8M	10x	as long as short
Pacifica TSLA	+0.0100%	1h	376.26	+0.025%	$390K	$38K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	376.30	+0.035%	$1.5M	$105K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	376.15	−0.005%	$4K	$62K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	376.42	+0.066%	$41K	$23K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	376.40	+0.060%	$745	—	10x	as long as short
Bullet TSLA-USD	+0.0127%	1h	376.46	+0.077%	$4K	$90K	10x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	377.78	+0.428%	$79K	$36K	30x	as long as short
Nado TSLA-PERP	+0.0225%	1h	376.34	+0.045%	$489K	$112K	20x	as long as short
Phoenix TSLA	+0.0276%	1h	376.40	+0.061%	$1.3M	$540K	20x	as long as short