Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0010%/8h= +1.1% APRpaid last 24h +0.005%

Price spread now: Gate against Arcus+0.035%7-day average +0.091% · 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−$54as in the Price arb table

costs, in and out, $10k−$480.481% of the position

Long on Arcus Short on Gate

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.049%−$5 on $10k

Price spread, last 4 days (all we have)+0.106%+$11 · spread now +0.035%, 7d avg +0.091%

Together, before fees+0.058%+$6 on $10k · with fees, hour by hour

Funding pays, the price is against you. Gate is 0.057% cheaper against Arcus than usual: you would sell low and buy high (spread +0.035% now, against its 7-day average of +0.091%). If the spread goes back, that is −$6 on $10k: about 20 days of funding at the current rate ($0 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Arcus TSLA-USD	376.20	0.0040	pay 0.0005% / 1h	55m 15s	$133K	$106K	10x
Short	Gate TSLA_USDT	376.33	0.0050	get 0.0050% / 8h	3h 55m	$2.3M	$3.5M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now +0.035%Rate

Funding earned: $2.04
Price spread: +0.035% → +0.091%: −$5.69
Slippage, 4 orders: −$28.61
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$51.75
Costs to cover: 0.481%
Break-even: 184.4 days

Slippage from Arcus: live order book, 63 min ago; Gate: live order book, 3 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, 63 min ago	4.78 bp	11.3 bp −$11	14.9 bp −$149	doesn't fit	doesn't fit
Sell Gate live order book, 3 min ago	1.33 bp	13.5 bp −$14	23.3 bp −$233	doesn't fit	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	−0.0732%	4h	376.40	+0.052%	$398K	$1.0M	10x	as long as short
Aster TSLAUSDT	0.0000%	8h	376.40	+0.054%	$576K	$195K	50x	as long as short
Extended TSLA_24_5-USD	0.0000%	1h	376.24	+0.010%	$480K	$2.7M	10x	as long as short
Binance TSLAUSDT	0.0000%	8h	376.34	+0.037%	$47.3M	$111.1M	25x	as long as short
Bybit TSLAUSDT	0.0000%	8h	376.41	+0.056%	$10.3M	$15.4M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	376.31	+0.029%	$11.2M	$16.9M	25x	as long as short
RISEx TSLA/USDC	0.0000%	1h	376.42	+0.057%	$290K	$582K	20x	as long as short
Bitget TSLAUSDT	0.0000%	8h	376.28	+0.021%	$17.0M	$22.9M	100x	as long as short
Variational Omni TSLA	0.0000%	8h	376.40	+0.053%	$1.9M	$1.3M	—	as long as short
StandX TSLA-USD	0.0000%	1h	376.41	+0.056%	$200K	$902K	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	376.15	−0.013%	$20K	$189K	10x	as long as short
Phemex TSLAUSDT	0.0000%	4h	376.42	+0.058%	$1.1M	$14K	10x	as long as short
tradeXYZ xyz:TSLA	+0.0017%	1h	376.08	−0.032%	$44.4M	$14.6M	20x	as long as short
Aftermath Perps TSLAUSD	+0.0022%	1h	376.43	+0.062%	$38K	$41K	10x	as long as short
BloFin TSLA-USDT	+0.0028%	8h	376.37	+0.045%	$578K	$352K	20x	as long as short
Bullet TSLA-USD	+0.0030%	1h	376.34	+0.037%	$5K	$91K	10x	as long as short
Lighter TSLA	+0.0032%	1h	376.28	+0.021%	$818K	$3.6M	20x	as long as short
Lighter RH TSLA	+0.0032%	1h	376.34	+0.037%	$1.2M	$2.5M	20x	as long as short
QFEX TSLA-USD	+0.0033%	1h	376.33	+0.035%	$1.2M	$6.5M	10x	as long as short
Arcus TSLA-USDlong	+0.0040%	1h	376.20	long leg	$133K	$106K	10x
Vest TSLA-USD-PERP	+0.0046%	1h	376.37	+0.045%	—	$130K	25x	as long as short
Gate TSLA_USDTshort	+0.0050%	8h	376.33	+0.035%	$2.3M	$3.5M	100x
Polymarket Perps TSLA-USD	+0.0050%	1h	376.21	+0.003%	$301K	$309K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	376.26	+0.016%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	376.11	−0.024%	$1.6M	$1.1M	10x	as long as short
GRVT TSLA_USDT_Perp	+0.0063%	8h	376.44	+0.063%	$843K	$2.8M	10x	as long as short
Hotstuff TSLA-PERP	+0.0064%	1h	376.08	−0.032%	$34K	—	20x	as long as short
Coinbase International TSLA-PERP-INTX	+0.0080%	1h	376.45	+0.066%	$512K	$330K	10x	as long as short
Pacifica TSLA	+0.0100%	1h	376.21	+0.003%	$390K	$38K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	376.28	+0.021%	$1.5M	$105K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	376.31	+0.029%	$4K	$62K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	376.18	−0.005%	$41K	$23K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	376.25	+0.014%	$745	—	10x	as long as short
Nado TSLA-PERP	+0.0162%	1h	376.26	+0.015%	$489K	$112K	20x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	377.29	+0.290%	$78K	$36K	30x	as long as short
Phoenix TSLA	+0.0255%	1h	376.67	+0.125%	$1.3M	$540K	20x	as long as short