Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0083%/8h= +9.0% APRpaid last 24h +0.053%

Price spread now: Arcus against Bitget−0.027%7-day average −0.085% · 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−$22as in the Price arb table

costs, in and out, $10k−$270.275% of the position

Long on Bitget Short on Arcus

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.074%+$7 on $10k

Price spread, last 4 days (all we have)−0.052%−$5 · spread now −0.027%, 7d avg −0.085%

Together, before fees+0.022%+$2 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Arcus is 0.058% dearer against Bitget than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.085%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget TSLAUSDT	375.63	0	get 0.0000% / 8h	0m 03s	$16.6M	$22.6M	100x
Short	Arcus TSLA-USD	375.53	0.0083	get 0.0010% / 1h	0m 03s	$165K	$95K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Arcus against Bitget. 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 BitgetbpFee ArcusbpOrdersPrice spread, now −0.027%Rate

Funding earned: $17.34
Price spread: −0.027% → −0.085%: $5.8
Slippage, 4 orders: −$10.96
Fee Bitget: 6 bp × 2 orders: −$12
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Net: −$4.32
Costs to cover: 0.275%
Break-even: 8.7 days

Slippage from Bitget: live order book, 9 min ago; Arcus: live order book, 13 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 Bitget live order book, 9 min ago	0.27 bp	6.8 bp −$7	9.7 bp −$97	doesn't fit	doesn't fit
Sell Arcus live order book, 13 min ago	3.86 bp	6.4 bp −$6	6.4 bp −$64	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	−0.0922%	4h	375.73	+0.027%	$397K	$1.0M	10x	as long as short
BloFin TSLA-USDT	−0.0019%	8h	375.66	+0.008%	$568K	$341K	20x	as long as short
Aster TSLAUSDT	0.0000%	8h	375.64	+0.003%	$584K	$191K	50x	as long as short
Extended TSLA_24_5-USD	0.0000%	1h	375.57	−0.017%	$478K	$10.7M	10x	as long as short
Binance TSLAUSDT	0.0000%	8h	375.68	+0.013%	$46.9M	$110.2M	25x	as long as short
Bybit TSLAUSDT	0.0000%	8h	375.72	+0.024%	$10.1M	$15.5M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	375.64	+0.003%	$11.2M	$16.8M	25x	as long as short
Gate TSLA_USDT	0.0000%	8h	375.63	0.000%	$2.3M	$4.1M	100x	as long as short
Bitget TSLAUSDTlong	0.0000%	8h	375.63	long leg	$16.6M	$22.6M	100x
Variational Omni TSLA	0.0000%	8h	375.62	−0.002%	$1.9M	$1.3M	—	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
StandX TSLA-USD	0.0000%	1h	375.71	+0.021%	$199K	$895K	20x	as long as short
Deribit TSLA_USDC-PERPETUAL	0.0000%	1h	375.52	−0.029%	$20K	$188K	10x	as long as short
Phemex TSLAUSDT	0.0000%	4h	375.75	+0.032%	$1.1M	$13K	10x	as long as short
Bullet TSLA-USD	0.0000%	1h	375.65	+0.005%	$5K	$91K	10x	as long as short
Aftermath Perps TSLAUSD	+0.0010%	1h	375.54	−0.025%	$38K	$47K	10x	as long as short
QFEX TSLA-USD	+0.0031%	1h	375.60	−0.008%	$1.2M	$7.3M	10x	as long as short
Lighter TSLA	+0.0032%	1h	375.68	+0.013%	$653K	$3.3M	20x	as long as short
Lighter RH TSLA	+0.0032%	1h	375.73	+0.027%	$1.2M	$2.6M	20x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	375.68	+0.013%	—	$133K	25x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	375.48	−0.040%	$44.2M	$14.7M	20x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	375.47	−0.043%	$297K	$307K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	375.58	−0.013%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	375.33	−0.080%	$1.6M	$1.0M	10x	as long as short
Arcus TSLA-USDshort	+0.0083%	1h	375.53	−0.027%	$165K	$95K	10x
RISEx TSLA/USDC	+0.0085%	1h	375.73	+0.027%	$254K	$577K	20x	as long as short
Pacifica TSLA	+0.0100%	1h	375.54	−0.025%	$389K	$38K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	375.51	−0.032%	$1.5M	$160K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	375.59	−0.011%	$4K	$62K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	375.56	−0.019%	$41K	$21K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	375.61	−0.005%	$744	—	10x	as long as short
Nado TSLA-PERP	+0.0115%	1h	375.59	−0.011%	$492K	$110K	20x	as long as short
Hotstuff TSLA-PERP	+0.0120%	1h	375.49	−0.037%	$34K	—	20x	as long as short
Coinbase International TSLA-PERP-INTX	+0.0120%	1h	375.11	−0.138%	$529K	$328K	10x	as long as short
GRVT TSLA_USDT_Perp	+0.0144%	8h	375.87	+0.063%	$849K	$2.7M	10x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	376.78	+0.306%	$78K	$36K	30x	as long as short
Phoenix TSLA	+0.0362%	1h	375.75	+0.032%	$1.3M	$547K	20x	as long as short