Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 354.99 | L +0.0050S −0.0050 | pay 0.0006% / 1h | 59m 35s | $106K | — | 25x | Long Avantis | |
| SHORT | 355.53 | 0 | 0.0000% / 8h | 7h 59m | $8.6M | $12.3M | 100x | Short Gate |
Price gap+0.151%
Funding gap−0.0050% /8h
Both sides work against this direction now: funding costs $1 a day on $10k and the gap is 0.027% under its 7d average. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$1−0.0050% /8h now · paid −0.006% over the last 7D
Price−$3spread +0.151% now, avg +0.178% → −0.027% if it goes back
Costsno datano order book for Avantis
Result, before costs−$3−0.03%+ Points / potential airdropAvantis: Season 3 · farm boardcosts unknown: no order book for Avantis · What the last 7D really paid, hour by hour → backtest
Price and funding
1h · historyPrice spread
Prices
Fundingper 8h
PRICE SPREAD · 7D
Now+0.151%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hTSLA on 39 exchanges
lowest funding firstBefore you open
1 ok · 4 to watch- Note: Order book unknown—No order-book sample for Avantis: its slippage is not counted.
- Note: Margin at max leverage$400 + $100Avantis 25x, Gate 100x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ1h / 8hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: −$1.50Long Avantis: 24 payments, −$1.50; short Gate: 3 payments, $0.00.
- Watch: Gap narrower than usual+0.151% vs +0.178%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Long leg is thinner$106K vs $8.6M OIAvantis sets your exit cost. Check its book before closing.
- OK: Points on a legAvantis Season 3Volume here counts toward the points program.
- Watch: KYCAvantis No · Gate YesKYC before the futures account opens; unverified accounts can only withdraw and close positions.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0003%/8h × 21 periods−$0.60
Price spread+0.151% → +0.178% (7d avg)−$2.73
Slippage, 4 ordersno data for Avantis—
Fee Avantis bp × 2 orders−$9.00
Fee Gate bp × 2 orders−$15.00
Net, fees only · 7 days · $10k−$27.33
Costs to cover0.240%Break-evennever at this rate
Slippage: Avantis: no order-book sample; Gate: live order book, 5 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGAvantis—————
SELL · SHORTGate1.5511.2 bp−$1122.1 bp−$221doesn’t fitdoesn’t fit
Closing costs about the same again.
Avantis: no data.
| 09-30 18:40 | Hotstuff | Listing | TSLA-PERP no longer reported ($TSLA) seen by our collector |
| 09-30 16:00 | Kalshi | Other | BREAKING: 80% chance Tesla and SpaceX merge before 2028 — an all-time high. @Kalshi on X ↗ |
| 09-29 12:10 | Kalshi | Other | BREAKING: Tesla cuts China prices for the 2nd time in 20 days @Kalshi on X ↗ |
| 09-29 10:03 | Bybit | Other | 🚀 6 new tickers just landed, bringing Bybit Perp Options to 8 powerhouse assets! Trade Perp Options on SPCX, NVDA, TSLA, SKHY, MU, QQQ, SNDK & SOXL, and join the Wall Street Blue-Chip Options Challenge. 🏆 70K USDT in prizes up for grabs. @Bybit_Official on X ↗ |
| 09-29 08:05 | KuCoin | Contest | 100,000 USDT Prize pool with NVDA, TSLA Rewards. Join our First TradFi Futures Spin (100% Win Rate!) with as little as 100 USDT. Trade (around the clock) and spin daily: @kucoincom on X ↗ |
| 09-29 07:57 | KuCoin | Contest | 100,000 USDT Prize pool with NVDA, TSLA Rewards. Join our First TradFi Futures Spin (100% Win Rate!) with as little as 100 USDT. Trade (around the clock) and spin daily: (Socials) @kucoincom on X ↗ |


Kalshi
Bybit
KuCoin