Funding arb · Price arb / RWA

TSLA

RWAAll TSLA markets →

LONGBackpack▾Backpack −0.0508%Injective −0.0220%Nado −0.0141%Phoenix −0.0120%BingX −0.0050%tradeXYZ −0.0049%Ondo Perps −0.0038%Aftermath Perps −0.0016%Aster 0.0000%Extended 0.0000%Binance 0.0000%Bybit 0.0000%OKX 0.0000%RISEx 0.0000%QFEX 0.0000%Gate 0.0000%MEXC 0.0000%Bitget 0.0000%Variational Omni 0.0000%GRVT 0.0000%StandX 0.0000%SunX 0.0000%HTX 0.0000%Phemex 0.0000%Popdex +0.0008%AZverse +0.0008%Lighter +0.0032%Lighter RH +0.0032%Avantis +0.0036%Arcus +0.0038%Paradex +0.0046%Polymarket Perps +0.0050%SoDEX +0.0050%Pacifica +0.0100%ApeX Omni +0.0100%Reya +0.0100%Orderly +0.0100%TxFlow +0.0100%Aevo +0.0104%BloFin +0.0120%Kraken Futures +0.0132%Deribit +0.0151%KuCoin +0.0178%Bullet +0.0297%edgeX +0.0912%

⇄⇅

SHORTVest Markets▾edgeX +0.0912%Bullet +0.0297%KuCoin +0.0178%Deribit +0.0151%Kraken Futures +0.0132%BloFin +0.0120%Aevo +0.0104%Pacifica +0.0100%ApeX Omni +0.0100%Reya +0.0100%Orderly +0.0100%TxFlow +0.0100%Polymarket Perps +0.0050%SoDEX +0.0050%Paradex +0.0046%Vest Markets +0.0046%Arcus +0.0038%Avantis −0.0036%Lighter +0.0032%Lighter RH +0.0032%Popdex +0.0008%AZverse +0.0008%Aster 0.0000%Extended 0.0000%Binance 0.0000%Bybit 0.0000%OKX 0.0000%RISEx 0.0000%QFEX 0.0000%Gate 0.0000%MEXC 0.0000%Bitget 0.0000%Variational Omni 0.0000%GRVT 0.0000%StandX 0.0000%SunX 0.0000%HTX 0.0000%Phemex 0.0000%Aftermath Perps −0.0016%Ondo Perps −0.0038%tradeXYZ −0.0049%BingX −0.0050%Phoenix −0.0120%Nado −0.0141%Injective −0.0220%

Backtest 30d☆

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	BackpackTSLA.US_USDC_PERP	399.05	−0.0508	get 0.0064% / 1h	58m 02s	$76K	$353K	10x	Long Backpack
SHORT	Vest MarketsTSLA-USD-PERP	400.48	+0.0046	get 0.0006% / 1h	58m 02s	$492K	$9K	25x	Short Vest Markets+5% pts

Price gap+0.358%

Funding gap+0.0554% /8h

Both sides work: funding pays +$17 a day on $10k, and the gap is 0.312% above its 7d average: +$31 more if it goes back.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid +0.110% in total, about +0.0053%/8h on average.

Price and funding

Entry / ExitPrice spreadPricesFundingLeg ratesP&L

1m5m15m1h

1h · history

24H3D7D14D30D90D

Entry / Exit?

Price spread?

Prices?

Funding?per 8h

ENTRY / EXIT · 7D

Entry now—

Entry average—

Best entry—

Exit now—

Exit average—

Best exit—

Exit free—

PRICE SPREAD · 7D

Now+0.358%

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

/8h

24H3D7D14D30D90D

BackpackVest Markets

TSLA on 46 exchanges

lowest funding first

Before you open

3 ok · 2 to watch

• i
  Note: Order book unknown—

  No order-book sample for Vest Markets: its slippage is not counted.
• i
  Note: Margin at max leverage$1,000 + $400

  Backpack 10x, Vest Markets 25x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
• ✓
  OK: Same payment interval1h / 1h

  Both legs pay at the same time.

  Long Backpack · 1h+$15.25

  Short Vest Markets · 1h+$1.37

  now+6h+12h+18h+24h

  Next 24h at the current rates, on $10k a leg: +$16.62Long Backpack: 24 payments, +$15.25; short Vest Markets: 24 payments, +$1.37.
• ✓
  OK: Entry gap works for you+0.358% vs +0.046%

  You short the dearer leg. If the gap goes back to average, the short gains.
• !
  Watch: Long leg is thinner$76K vs $492K OI

  Backpack sets your exit cost. Check its book before closing.
• ✓
  OK: Points on a legVest Markets points

  Volume here counts toward the points program.
• !
  Watch: KYCBackpack Yes · Vest Markets No

  KYC (ID, face scan, residency and source of income) before any trading.

Profit calculator

both legs, in and out

Position, each leg

$10k$100k$1M

Hold for

1 day7 days30 days

Orders

takermaker

Price spread

to 7d avgclosesnot counted

Funding rate

range avgcurrent

Funding earned+0.0053%/8h × 21 periods+$11.05

Price spread+0.358% → +0.046% (7d avg)+$31.20

Slippage, 4 ordersno data for Vest Markets—

Fee Backpack bp × 2 orders−$10.00

Fee Vest Markets bp × 2 orders−$2.00

Net, fees only · 7 days · $10k+$30.25

Costs to cover0.120%Break-evenfrom the start

Slippage: Backpack: live order book, 24 min ago; Vest Markets: no order-book sample

Cost to enter

taker + slippage from mid, one side

Leg½ spr$10k$100k$1M$5M

BUY · LONGBackpack0.256.2 bp−$6doesn’t fitdoesn’t fitdoesn’t fit

SELL · SHORTVest Markets—————

Closing costs about the same again.
Vest Markets: no data.

Alert

FundingSpread

Tell me when it goes above%/8hNot more often than everymin

Create alert

FundingPrice spread

I'm in

TSLA news

posts that mention TSLA or Tesla, from every exchangeSearch all news →

10-30 03:23	KuCoin	Contest	Unlock NVDA, TSLA Rewards with TradFi Futures Spin. $100K Prize Pool. 25 more stock trading pairs added to our wide range of categories, from AI & chips, Big Tech, Pre-market, Metals to HK & Korea. Every trade counts toward your spins. → @kucoincom on X ↗
10-29 14:35	Kalshi	Other	JUST IN: Elon Musk says the $29,799 Mac Studio makes a Tesla "quite affordable" @Kalshi on X ↗
10-28 17:38	QFEX	Other	Max leverage is increased to 20x across the following markets on QFEX $SNDK, $GOOGL, $NVDA, $MU, $SKHY, $INTC, $NBIS, $CRCL, $CBRS, $META, $TSLA, $MRVL, $AAPL, $AMZN, $MSFT, $MSTR and $ANTHROPIC. @QFEX on X ↗
10-28 14:26	Kalshi	Other	JUST IN: Tesla posts 5 job openings in Vietnam for sales, service and charging @Kalshi on X ↗
10-28 14:04	Injective	Token	The Injective Stockdrop is LIVE! The $INJ Community BuyBack is complete, nearing 7.3 million INJ burned to-date. Now, for the first time ever, participants can also earn tokenized stocks on Solana. Check the Injective Hub to see if you got in and claim your reward, from Nvidia to Tesla and more. @injective on X ↗
10-27 22:27	BingX	Other	Tesla's bullish momentum is picking up speed rocket 🚀 Barclays raised its $TSLA price target to $450 as Robotaxi continues expanding. Here's what's driving the upside 👇 @BingXOfficial on X ↗