Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0199%/8h= +21.8% APRpaid last 24h +0.019%

Price spread now: Nado against Binance−0.032%7-day average −0.037% · 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−$36as in the Price arb table

costs, in and out, $10k−$370.368% of the position

Long on Binance Short on Nado

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.033%−$3 on $10k

Price spread, last 4 days (all we have)−0.490%−$49 · spread now −0.032%, 7d avg −0.037%

Together, before fees−0.523%+ Points / potential airdropNado: Active · farm board−$52 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.037%, so right now this pair is about funding alone: +$6 a day on $10k at the current rate.

The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.033% in total (about -3.4% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance TSLAUSDT	377.05	0.0080	pay 0.0080% / 8h	20m 20s	$47.2M	$113.8M	25x
Short	Nado TSLA-PERP	376.93	0.0279	get 0.0035% / 1h	20m 20s	$490K	$111K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado against Binance. 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 BinancebpFee NadobpOrdersPrice spread, now −0.032%Rate

Funding earned: $41.77
Price spread: −0.032% → −0.037%: $0.55
Slippage, 4 orders: −$19.78
Fee Binance: 5 bp × 2 orders: −$10
Fee Nado: 3.5 bp × 2 orders: −$7
Net: $5.55
Costs to cover: 0.368%
Break-even: 6.1 days

Slippage from Binance: live order book, 8 min ago; Nado: live order book, 18 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 Binance live order book, 8 min ago	0.13 bp	6.0 bp −$6	10.2 bp −$102	33.7 bp −$3,372	doesn't fit
Sell Nado live order book, 18 min ago	4.25 bp	13.9 bp −$14	34.5 bp −$345	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	−0.0659%	4h	376.39	−0.174%	$398K	$1.0M	10x	as long as short
Bybit TSLAUSDT	0.0000%	8h	377.21	+0.042%	$10.2M	$15.3M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	377.15	+0.027%	$11.3M	$16.9M	25x	as long as short
Gate TSLA_USDT	0.0000%	8h	376.96	−0.024%	$2.3M	$3.5M	100x	as long as short
Bitget TSLAUSDT	0.0000%	8h	376.96	−0.024%	$17.2M	$22.9M	100x	as long as short
StandX TSLA-USD	0.0000%	1h	376.37	−0.180%	$200K	$920K	20x	as long as short
Phemex TSLAUSDT	0.0000%	4h	376.70	−0.093%	$1.1M	$14K	10x	as long as short
Aster TSLAUSDT	+0.0015%	8h	376.90	−0.041%	$575K	$200K	50x	as long as short
Lighter RH TSLA	+0.0032%	1h	376.85	−0.053%	$1.3M	$2.5M	20x	as long as short
Aftermath Perps TSLAUSD	+0.0032%	1h	376.48	−0.150%	$38K	$36K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Arcus TSLA-USD	+0.0040%	1h	376.36	−0.183%	$135K	$108K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	376.87	−0.048%	—	$119K	25x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	376.84	−0.056%	$44.7M	$14.8M	20x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	376.81	−0.064%	$301K	$303K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	376.45	−0.159%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	376.21	−0.223%	$1.6M	$1.1M	10x	as long as short
Variational Omni TSLA	+0.0053%	8h	376.60	−0.120%	$1.9M	$1.3M	—	as long as short
QFEX TSLA-USD	+0.0067%	1h	376.89	−0.042%	$1.2M	$6.1M	10x	as long as short
Extended TSLA_24_5-USD	+0.0080%	1h	376.87	−0.048%	$483K	$2.7M	10x	as long as short
Binance TSLAUSDTlong	+0.0080%	8h	377.05	long leg	$47.2M	$113.8M	25x
Pacifica TSLA	+0.0100%	1h	376.67	−0.101%	$390K	$37K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	376.76	−0.077%	$1.5M	$1.7M	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	376.13	−0.244%	$4K	$62K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	376.98	−0.019%	$41K	$23K	20x	as long as short
BloFin TSLA-USDT	+0.0102%	8h	376.79	−0.069%	$581K	$355K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	377.11	+0.017%	$747	—	10x	as long as short
Hotstuff TSLA-PERP	+0.0112%	1h	376.11	−0.249%	$34K	—	20x	as long as short
Lighter TSLA	+0.0160%	1h	376.89	−0.042%	$822K	$3.7M	20x	as long as short
Coinbase International TSLA-PERP-INTX	+0.0176%	1h	375.69	−0.361%	$505K	$350K	10x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	379.80	+0.729%	$79K	$36K	30x	as long as short
Deribit TSLA_USDC-PERPETUAL	+0.0228%	1h	376.70	−0.093%	$18K	$195K	10x	as long as short
Bullet TSLA-USD	+0.0251%	1h	377.02	−0.008%	$6K	$91K	10x	as long as short
RISEx TSLA/USDC	+0.0257%	1h	377.02	−0.007%	$215K	$651K	20x	as long as short
Nado TSLA-PERPshort	+0.0279%	1h	376.93	−0.032%	$490K	$111K	20x
GRVT TSLA_USDT_Perp	+0.0291%	8h	376.64	−0.109%	$856K	$2.8M	10x	as long as short
Phoenix TSLA	+0.0404%	1h	376.43	−0.164%	$1.3M	$525K	20x	as long as short