Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0445%/8h= −48.7% APRpaid last 24h −0.169%

Price spread now: edgeX against Bitget−0.050%64s7-day average −0.041% · you buy dearer than you sell

Net, funding: paid 7d − costs−$40as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$340.338% of the position

Long on Bitget Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.065%−$7 on $10k

Price spread, last 7 days+0.015%+$2 · spread now −0.050%, 7d avg −0.041%

Together, before fees−0.050%+ Points / potential airdropedgeX: Active · farm board−$5 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.041%, so right now this pair is about funding alone: −$13 a day on $10k at the current rate. The two prices were read 64 seconds apart, so part of this spread may be the market moving, not a spread.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.065% 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	Bitget TSLAUSDT	376.40	0	get 0.0000% / 8h	7h 08m	$16.9M	$22.7M	100x
Short	edgeX TSLAUSDC	376.21	−0.0445	pay 0.0223% / 4h	3h 08m	$398K	$1.0M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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 edgeXbpOrdersPrice spread, now −0.050%Rate

Funding earned: −$93.49
Price spread: −0.050% → −0.041%: −$0.91
Slippage, 4 orders: −$12.85
Fee Bitget: 6 bp × 2 orders: −$12
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$128.25
Costs to cover: 0.338%
Break-even: never at this rate

Slippage from Bitget: live order book, 5 min ago; edgeX: live order book, 5 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, 5 min ago	0.40 bp	8.4 bp −$8	12.3 bp −$123	doesn't fit	doesn't fit
Sell edgeX live order book, 5 min ago	4.25 bp	9.0 bp −$9	12.1 bp −$121	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 TSLAUSDCshort	−0.0445%	4h	376.21	−0.050%	$398K	$1.0M	10x
BloFin TSLA-USDT	−0.0003%	8h	376.47	+0.019%	$572K	$339K	20x	as long as short
Aster TSLAUSDT	0.0000%	8h	376.31	−0.024%	$576K	$195K	50x	as long as short
Extended TSLA_24_5-USD	0.0000%	1h	376.40	0.000%	$480K	$11.0M	10x	as long as short
Binance TSLAUSDT	0.0000%	8h	376.48	+0.022%	$47.0M	$109.3M	25x	as long as short
Bybit TSLAUSDT	0.0000%	8h	376.46	+0.016%	$10.2M	$15.5M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	376.44	+0.011%	$11.2M	$16.5M	25x	as long as short
Gate TSLA_USDT	0.0000%	8h	376.48	+0.021%	$2.4M	$3.9M	100x	as long as short
Bitget TSLAUSDTlong	0.0000%	8h	376.40	long leg	$16.9M	$22.7M	100x
Variational Omni TSLA	0.0000%	8h	376.25	−0.039%	$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	376.52	+0.032%	$200K	$904K	20x	as long as short
Deribit TSLA_USDC-PERPETUAL	0.0000%	1h	376.30	−0.027%	$20K	$186K	10x	as long as short
Phemex TSLAUSDT	0.0000%	4h	376.41	+0.003%	$1.1M	$13K	10x	as long as short
Aftermath Perps TSLAUSD	+0.0011%	1h	376.20	−0.053%	$38K	$46K	10x	as long as short
QFEX TSLA-USD	+0.0028%	1h	376.37	−0.008%	$1.2M	$6.9M	10x	as long as short
Lighter TSLA	+0.0032%	1h	376.50	+0.027%	$830K	$3.6M	20x	as long as short
Lighter RH TSLA	+0.0032%	1h	376.53	+0.035%	$1.2M	$2.6M	20x	as long as short
Arcus TSLA-USD	+0.0040%	1h	376.31	−0.024%	$163K	$93K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	376.44	+0.011%	—	$133K	25x	as long as short
Coinbase International TSLA-PERP-INTX	+0.0048%	1h	375.11	−0.343%	$529K	$307K	10x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	376.24	−0.043%	$44.3M	$14.1M	20x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	376.24	−0.043%	$298K	$308K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	376.38	−0.005%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	376.30	−0.027%	$1.5M	$1.1M	10x	as long as short
RISEx TSLA/USDC	+0.0079%	1h	376.48	+0.022%	$291K	$598K	20x	as long as short
Bullet TSLA-USD	+0.0080%	1h	376.48	+0.021%	$6K	$92K	10x	as long as short
Pacifica TSLA	+0.0100%	1h	376.35	−0.013%	$390K	$38K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	376.19	−0.056%	$1.5M	$106K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	376.19	−0.056%	$4K	$62K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	376.42	+0.005%	$41K	$20K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	376.37	−0.008%	$745	—	10x	as long as short
Hotstuff TSLA-PERP	+0.0112%	1h	376.24	−0.043%	$34K	—	20x	as long as short
Nado TSLA-PERP	+0.0136%	1h	376.35	−0.013%	$489K	$112K	20x	as long as short
GRVT TSLA_USDT_Perp	+0.0138%	8h	376.42	+0.005%	$849K	$2.7M	10x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	377.21	+0.215%	$78K	$36K	30x	as long as short
Phoenix TSLA	+0.0277%	1h	376.58	+0.048%	$1.3M	$547K	20x	as long as short