Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 21:00 UTC+0.0136%/8h= +14.9% APRpaid last 24h +0.023%

Price spread now: Coinbase International against Bitget+0.013%7-day average −0.115% · you sell dearer than you buy

Net, funding: paid 7d − costs−$19as in the Funding arb table

Net, price: spread back to 7d avg − costs−$20as in the Price arb table

costs, in and out, $10k−$330.329% of the position

Long on Bitget Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days+0.135%+$14 on $10k

Price spread, last 3 days (all we have)−0.112%−$11 · spread now +0.013%, 7d avg −0.115%

Together, before fees+0.023%+$2 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Coinbase International is 0.128% dearer against Bitget than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of −0.115%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget TSLAUSDT	375.06	0	get 0.0000% / 8h	2h 26m	$16.6M	$22.5M	100x
Short	Coinbase International TSLA-PERP-INTX	375.11	0.0136	get 0.0017% / 1h	26m 50s	$529K	$332K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International 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 Coinbase InternationalbpOrdersPrice spread, now +0.013%Rate

Funding earned: $28.56
Price spread: +0.013% → −0.115%: $12.81
Slippage, 4 orders: −$10.86
Fee Bitget: 6 bp × 2 orders: −$12
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: $8.51
Costs to cover: 0.329%
Break-even: 4.9 days

Slippage from Bitget: live order book, 2 min ago; Coinbase International: live order book, 61 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, 2 min ago	0.53 bp	8.0 bp −$8	10.2 bp −$102	37.9 bp −$3,793	doesn't fit
Sell Coinbase International live order book, 61 min ago	2.80 bp	8.6 bp −$9	11.1 bp −$111	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	−0.0684%	4h	375.08	+0.007%	$397K	$1.0M	10x	as long as short
Aster TSLAUSDT	0.0000%	8h	375.08	+0.004%	$588K	$187K	50x	as long as short
Extended TSLA_24_5-USD	0.0000%	1h	375.06	0.000%	$476K	$10.6M	10x	as long as short
Binance TSLAUSDT	0.0000%	8h	375.10	+0.012%	$46.9M	$109.9M	25x	as long as short
Bybit TSLAUSDT	0.0000%	8h	375.09	+0.008%	$10.2M	$15.6M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	375.05	−0.003%	$11.2M	$16.8M	25x	as long as short
Gate TSLA_USDT	0.0000%	8h	375.07	+0.003%	$2.3M	$4.2M	100x	as long as short
Bitget TSLAUSDTlong	0.0000%	8h	375.06	long leg	$16.6M	$22.5M	100x
Variational Omni TSLA	0.0000%	8h	375.11	+0.013%	$1.8M	$1.2M	—	as long as short
StandX TSLA-USD	0.0000%	1h	375.11	+0.013%	$199K	$897K	20x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bullet TSLA-USD	0.0000%	1h	375.10	+0.011%	$5K	$91K	10x	as long as short
Deribit TSLA_USDC-PERPETUAL	0.0000%	1h	375.10	+0.011%	$20K	$185K	10x	as long as short
Phemex TSLAUSDT	0.0000%	4h	375.10	+0.011%	$1.1M	$13K	10x	as long as short
Nado TSLA-PERP	+0.0002%	1h	375.02	−0.010%	$484K	$90K	20x	as long as short
Aftermath Perps TSLAUSD	+0.0017%	1h	375.00	−0.015%	$38K	$50K	10x	as long as short
BloFin TSLA-USDT	+0.0020%	8h	375.09	+0.008%	$572K	$339K	20x	as long as short
Lighter TSLA	+0.0032%	1h	375.08	+0.005%	$647K	$3.4M	20x	as long as short
Lighter RH TSLA	+0.0032%	1h	375.16	+0.027%	$1.2M	$2.7M	20x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	375.13	+0.019%	—	$133K	25x	as long as short
QFEX TSLA-USD	+0.0046%	1h	375.07	+0.003%	$1.2M	$7.1M	10x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	374.95	−0.029%	$43.5M	$14.4M	20x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	374.96	−0.027%	$297K	$292K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	375.06	0.000%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	374.70	−0.096%	$1.6M	$1.0M	10x	as long as short
Hotstuff TSLA-PERP	+0.0064%	1h	374.95	−0.029%	$34K	—	20x	as long as short
Pacifica TSLA	+0.0100%	1h	375.00	−0.015%	$389K	$37K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	375.05	−0.003%	$1.5M	$159K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	375.05	−0.003%	$4K	$62K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	375.00	−0.016%	$41K	$20K	20x	as long as short
RISEx TSLA/USDC	+0.0103%	1h	375.15	+0.025%	$176K	$528K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	375.07	+0.004%	$743	—	10x	as long as short
Coinbase International TSLA-PERP-INTXshort	+0.0136%	1h	375.11	+0.013%	$529K	$332K	10x
GRVT TSLA_USDT_Perp	+0.0141%	8h	375.19	+0.035%	$847K	$3.0M	10x	as long as short
Arcus TSLA-USD	+0.0188%	1h	374.98	−0.021%	$153K	$84K	10x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	376.03	+0.259%	$78K	$36K	30x	as long as short
Phoenix TSLA	+0.0384%	1h	375.21	+0.040%	$1.3M	$458K	20x	as long as short