Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0040%/8h= −4.4% APRpaid last 24h −0.046%

Price spread now: Variational Omni against Arcus−0.005%7-day average +0.067% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Arcus Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.092%−$9 on $10k

Price spread, last 4 days (all we have)+0.080%+$8 · spread now −0.005%, 7d avg +0.067%

Together, before fees−0.012%+ Points / potential airdropVariational Omni: Active · farm board−$1 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 Variational Omni is 0.072% cheaper against Arcus than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of +0.067%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Arcus TSLA-USD	376.27	0.0040	pay 0.0005% / 1h	9m 28s	$163K	$93K	10x
Short	Variational Omni TSLA	376.25	0	get 0.0000% / 8h	7h 09m	$1.9M	$1.3M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni 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 Variational OmnibpOrdersPrice spread, now −0.005%Rate

Funding earned: −$8.46
Price spread: −0.005% → +0.067%: −$7.17
Slippage, 4 orders: no order book: not counted
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$20.13
Costs to cover: 0.045%
Break-even: never at this rate

Slippage unknown: Arcus: live order book, 64 min ago; Variational Omni: RFQ quote, 5 min ago. Net counts fees only.

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, 64 min ago	3.86 bp	6.6 bp −$7	10.0 bp −$100	doesn't fit	doesn't fit
Sell Variational Omni RFQ quote, 5 min ago	2.02 bp	doesn't fit	7.9 bp −$79	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	−0.0445%	4h	376.21	−0.015%	$398K	$1.0M	10x	as long as short
BloFin TSLA-USDT	−0.0023%	8h	376.43	+0.043%	$572K	$338K	20x	as long as short
Aster TSLAUSDT	0.0000%	8h	376.31	+0.011%	$576K	$195K	50x	as long as short
Extended TSLA_24_5-USD	0.0000%	1h	376.39	+0.033%	$480K	$11.0M	10x	as long as short
Binance TSLAUSDT	0.0000%	8h	376.47	+0.053%	$47.0M	$109.3M	25x	as long as short
Bybit TSLAUSDT	0.0000%	8h	376.47	+0.053%	$10.2M	$15.5M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	376.48	+0.056%	$11.2M	$16.5M	25x	as long as short
Gate TSLA_USDT	0.0000%	8h	376.45	+0.048%	$2.4M	$3.9M	100x	as long as short
Bitget TSLAUSDT	0.0000%	8h	376.40	+0.035%	$16.8M	$22.7M	100x	as long as short
Variational Omni TSLAshort	0.0000%	8h	376.25	−0.005%	$1.9M	$1.3M	—

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
StandX TSLA-USD	0.0000%	1h	376.30	+0.008%	$200K	$903K	20x	as long as short
Deribit TSLA_USDC-PERPETUAL	0.0000%	1h	376.36	+0.024%	$20K	$186K	10x	as long as short
Phemex TSLAUSDT	0.0000%	4h	376.43	+0.043%	$1.1M	$13K	10x	as long as short
Aftermath Perps TSLAUSD	+0.0011%	1h	376.20	−0.018%	$38K	$46K	10x	as long as short
QFEX TSLA-USD	+0.0028%	1h	376.37	+0.027%	$1.2M	$6.9M	10x	as long as short
Lighter TSLA	+0.0032%	1h	376.48	+0.056%	$830K	$3.6M	20x	as long as short
Lighter RH TSLA	+0.0032%	1h	376.50	+0.061%	$1.2M	$2.6M	20x	as long as short
Arcus TSLA-USDlong	+0.0040%	1h	376.27	long leg	$163K	$93K	10x
Vest TSLA-USD-PERP	+0.0046%	1h	376.43	+0.043%	—	$133K	25x	as long as short
Coinbase International TSLA-PERP-INTX	+0.0048%	1h	375.11	−0.308%	$529K	$307K	10x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	376.25	−0.005%	$44.3M	$14.1M	20x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	376.25	−0.005%	$298K	$308K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	376.38	+0.029%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	376.34	+0.019%	$1.5M	$1.1M	10x	as long as short
RISEx TSLA/USDC	+0.0079%	1h	376.51	+0.063%	$292K	$598K	20x	as long as short
Bullet TSLA-USD	+0.0080%	1h	376.48	+0.056%	$6K	$92K	10x	as long as short
Pacifica TSLA	+0.0100%	1h	376.35	+0.021%	$390K	$38K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	376.19	−0.021%	$1.5M	$106K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	376.19	−0.021%	$4K	$62K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	376.42	+0.040%	$41K	$20K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	376.41	+0.037%	$745	—	10x	as long as short
Hotstuff TSLA-PERP	+0.0112%	1h	376.20	−0.019%	$34K	—	20x	as long as short
Nado TSLA-PERP	+0.0136%	1h	376.33	+0.017%	$489K	$112K	20x	as long as short
GRVT TSLA_USDT_Perp	+0.0138%	8h	376.42	+0.040%	$849K	$2.7M	10x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	377.21	+0.250%	$78K	$36K	30x	as long as short
Phoenix TSLA	+0.0277%	1h	376.58	+0.082%	$1.3M	$547K	20x	as long as short