Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0088%/8h= +9.6% APRpaid last 24h −0.057%

Price spread now: Hotstuff against Bitget−0.048%46s7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Bitget Short on Hotstuff

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropHotstuff: Active · farm boardneeds both histories

Funding pays, the price is against you. Hotstuff is 0.048% cheaper against Bitget than usual: you would sell low and buy high (spread −0.048% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 44 hours of funding at the current rate (+$3 a day). The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.

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 33m	$16.6M	$22.4M	100x
Short	Hotstuff TSLA-PERP	374.88	0.0088	get 0.0011% / 1h	33m 48s	$34K	—	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hotstuff 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 HotstuffbpOrdersPrice spread, now −0.048%Rate

Funding earned: $18.48
Price spread: −0.048% → 0.000%: −$4.8
Slippage, 4 orders: no order book: not counted
Fee Bitget: 6 bp × 2 orders: −$12
Fee Hotstuff: 2.5 bp × 2 orders: −$5
Net: −$3.32
Costs to cover: 0.170%
Break-even: 8.3 days

Slippage unknown: Bitget: live order book, 5 min ago; Hotstuff: no order-book sample. Net counts fees only.

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	0.53 bp	7.5 bp −$7	10.3 bp −$103	37.4 bp −$3,743	doesn't fit
Sell Hotstuff no order-book sample	—	—	—	—	—

Hotstuff: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	−0.0705%	4h	375.05	−0.003%	$397K	$1.0M	10x	as long as short
BloFin TSLA-USDT	−0.0004%	8h	375.09	+0.008%	$571K	$339K	20x	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	375.01	−0.014%	$476K	$10.6M	10x	as long as short
Binance TSLAUSDT	0.0000%	8h	375.08	+0.005%	$46.9M	$109.8M	25x	as long as short
Bybit TSLAUSDT	0.0000%	8h	375.14	+0.021%	$10.2M	$15.6M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	375.01	−0.013%	$11.2M	$16.7M	25x	as long as short
Gate TSLA_USDT	0.0000%	8h	375.08	+0.005%	$2.3M	$4.2M	100x	as long as short
Bitget TSLAUSDTlong	0.0000%	8h	375.06	long leg	$16.6M	$22.4M	100x
Variational Omni TSLA	0.0000%	8h	375.08	+0.006%	$1.8M	$1.2M	—	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	375.08	+0.005%	$199K	$897K	20x	as long as short
Bullet TSLA-USD	0.0000%	1h	375.08	+0.005%	$5K	$91K	10x	as long as short
Deribit TSLA_USDC-PERPETUAL	0.0000%	1h	375.04	−0.005%	$20K	$185K	10x	as long as short
Phemex TSLAUSDT	0.0000%	4h	375.05	−0.003%	$1.1M	$13K	10x	as long as short
Nado TSLA-PERP	+0.0012%	1h	374.97	−0.024%	$484K	$90K	20x	as long as short
Aftermath Perps TSLAUSD	+0.0019%	1h	375.02	−0.011%	$38K	$50K	10x	as long as short
Lighter TSLA	+0.0032%	1h	374.99	−0.019%	$730K	$3.3M	20x	as long as short
Lighter RH TSLA	+0.0032%	1h	375.15	+0.024%	$1.2M	$2.6M	20x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	375.10	+0.011%	—	$133K	25x	as long as short
QFEX TSLA-USD	+0.0046%	1h	375.09	+0.008%	$1.2M	$7.1M	10x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	374.92	−0.037%	$43.5M	$14.3M	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	375.04	−0.005%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	374.87	−0.051%	$1.6M	$1.0M	10x	as long as short
Hotstuff TSLA-PERPshort	+0.0088%	1h	374.88	−0.048%	$34K	—	20x
Pacifica TSLA	+0.0100%	1h	374.97	−0.024%	$389K	$37K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	375.04	−0.005%	$1.5M	$159K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	375.03	−0.008%	$4K	$62K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	374.96	−0.027%	$41K	$20K	20x	as long as short
RISEx TSLA/USDC	+0.0103%	1h	375.16	+0.027%	$176K	$531K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	375.01	−0.013%	$743	—	10x	as long as short
Coinbase International TSLA-PERP-INTX	+0.0136%	1h	375.59	+0.141%	$531K	$330K	10x	as long as short
GRVT TSLA_USDT_Perp	+0.0152%	8h	375.16	+0.026%	$847K	$3.0M	10x	as long as short
Arcus TSLA-USD	+0.0188%	1h	374.97	−0.024%	$153K	$84K	10x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	376.10	+0.277%	$78K	$36K	30x	as long as short
Phoenix TSLA	+0.0384%	1h	375.22	+0.043%	$1.3M	$458K	20x	as long as short