Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0060%/8h= +6.5% APRpaid last 24h −0.024%

Price spread now: KuCoin against Arcus−0.011%7-day average +0.031% · you buy dearer than you sell

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

Net, price: spread back to 7d avg − costs−$116as in the Price arb table

costs, in and out, $10k−$1121.121% of the position

Long on Arcus Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.055%−$6 on $10k

Price spread, last 4 days (all we have)+0.043%+$4 · spread now −0.011%, 7d avg +0.031%

Together, before fees−0.013%−$1 on $10k · with fees, hour by hour

Funding pays, the price is against you. KuCoin is 0.041% cheaper against Arcus than usual: you would sell low and buy high (spread −0.011% now, against its 7-day average of +0.031%). If the spread goes back, that is −$4 on $10k: about 2.3 days of funding at the current rate (+$2 a day). Mind the row above: over the last 4 days funding on this pair cost −0.055%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Arcus TSLA-USD	375.85	0.0040	pay 0.0005% / 1h	51m 51s	$135K	$108K	10x
Short	KuCoin TSLAUSDTM	375.81	0.0100	get 0.0100% / 8h	51m 51s	$1.5M	$334K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now −0.011%Rate

Funding earned: $12.54
Price spread: −0.011% → +0.031%: −$4.13
Slippage, 4 orders: −$95.63
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$103.72
Costs to cover: 1.121%
Break-even: 64.9 days

Slippage from Arcus: live order book, 51 min ago; KuCoin: 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, 51 min ago	3.59 bp	11.3 bp −$11	15.1 bp −$151	doesn't fit	doesn't fit
Sell KuCoin live order book, 4 min ago	2.13 bp	59.9 bp −$60	doesn't fit	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	−0.0387%	4h	375.96	+0.029%	$398K	$1.0M	10x	as long as short
Aster TSLAUSDT	0.0000%	8h	375.97	+0.033%	$574K	$200K	50x	as long as short
Bybit TSLAUSDT	0.0000%	8h	376.04	+0.051%	$10.2M	$15.3M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	376.00	+0.040%	$11.2M	$16.9M	25x	as long as short
Gate TSLA_USDT	0.0000%	8h	376.05	+0.053%	$2.3M	$3.4M	100x	as long as short
Bitget TSLAUSDT	0.0000%	8h	375.97	+0.032%	$17.2M	$22.8M	100x	as long as short
Variational Omni TSLA	0.0000%	8h	376.05	+0.052%	$1.9M	$1.3M	—	as long as short
StandX TSLA-USD	0.0000%	1h	376.07	+0.059%	$200K	$919K	20x	as long as short
Phemex TSLAUSDT	0.0000%	4h	376.08	+0.061%	$1.1M	$14K	10x	as long as short
Aftermath Perps TSLAUSD	+0.0031%	1h	375.94	+0.023%	$38K	$37K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH TSLA	+0.0032%	1h	375.94	+0.024%	$1.3M	$2.5M	20x	as long as short
Binance TSLAUSDT	+0.0036%	8h	376.07	+0.059%	$47.1M	$113.4M	25x	as long as short
BloFin TSLA-USDT	+0.0039%	8h	376.06	+0.056%	$578K	$355K	20x	as long as short
Extended TSLA_24_5-USD	+0.0040%	1h	375.97	+0.032%	$480K	$2.8M	10x	as long as short
Arcus TSLA-USDlong	+0.0040%	1h	375.85	long leg	$135K	$108K	10x
Vest TSLA-USD-PERP	+0.0046%	1h	375.93	+0.021%	—	$119K	25x	as long as short
Hotstuff TSLA-PERP	+0.0048%	1h	375.80	−0.013%	$34K	—	20x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	375.81	−0.011%	$44.6M	$14.8M	20x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	375.87	+0.005%	$300K	$304K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	375.96	+0.029%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	375.75	−0.027%	$1.6M	$1.1M	10x	as long as short
QFEX TSLA-USD	+0.0067%	1h	375.91	+0.016%	$1.2M	$6.2M	10x	as long as short
Pacifica TSLA	+0.0100%	1h	375.73	−0.032%	$389K	$37K	10x	as long as short
KuCoin TSLAUSDTMshort	+0.0100%	8h	375.81	−0.011%	$1.5M	$334K	20x
ApeX Omni TSLAUSDT	+0.0100%	1h	375.76	−0.024%	$4K	$61K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	375.98	+0.035%	$41K	$23K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	376.01	+0.041%	$744	—	10x	as long as short
Coinbase International TSLA-PERP-INTX	+0.0176%	1h	375.69	−0.043%	$505K	$350K	10x	as long as short
Lighter TSLA	+0.0200%	1h	375.98	+0.035%	$820K	$3.7M	20x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	379.80	+1.051%	$79K	$36K	30x	as long as short
GRVT TSLA_USDT_Perp	+0.0250%	8h	376.16	+0.084%	$849K	$2.8M	10x	as long as short
RISEx TSLA/USDC	+0.0257%	1h	376.10	+0.067%	$214K	$646K	20x	as long as short
Bullet TSLA-USD	+0.0268%	1h	376.06	+0.055%	$6K	$90K	10x	as long as short
Nado TSLA-PERP	+0.0302%	1h	375.72	−0.035%	$488K	$111K	20x	as long as short
Phoenix TSLA	+0.0404%	1h	376.27	+0.112%	$1.3M	$525K	20x	as long as short
Deribit TSLA_USDC-PERPETUAL	+0.0442%	1h	375.93	+0.021%	$18K	$194K	10x	as long as short