Settings8H · net · $10k
Funding arb · Price arb /

TSLA

RWAall TSLA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0290%/8h= +31.8% APRpaid last 24h +0.017%
Price spread now: RISEx against Bitget+0.058%7-day average +0.006% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$19as in the Price arb table
costs, in and out, $10k−$240.242% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.002%$0 on $10k
Price spread, last 4 days (all we have)−0.101%−$10 · spread now +0.058%, 7d avg +0.006%
Together, before fees−0.103%−$10 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and RISEx is 0.051% dearer against Bitget than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.006%.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.002% in total (about -0.2% 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget TSLAUSDT375.020get 0.0000% / 8h7h 33m$17.3M$23.1M100x
ShortRISEx TSLA/USDC375.240.0290get 0.0036% / 1h33m 14s$214K$654K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx 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

Funding earned
$60.99
Price spread: +0.058% → +0.006%
$5.15
Slippage, 4 orders
−$6.21
Fee Bitget: 6 bp × 2 orders
−$12
Fee RISEx: 3 bp × 2 orders
−$6
Net
$41.93
Costs to cover
0.242%
Break-even
2.2 days
Slippage from Bitget: live order book, 1 min ago; RISEx: live order book, 65 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 1 min ago0.40 bp6.7 bp −$711.9 bp −$119doesn't fitdoesn't fit
Sell RISEx live order book, 65 min ago1.86 bp4.9 bp −$55.3 bp −$53doesn't fitdoesn't fit

TSLA on 36 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hotstuff TSLA-PERP−0.1600%1h374.94−0.021%$34K20xas long as short
edgeX TSLAUSDC−0.0030%4h375.41+0.104%$397K$1.0M10xas long as short
Bybit TSLAUSDT0.0000%8h375.07+0.013%$10.2M$15.3M100xas long as short
OKX TSLA-USDT-SWAP0.0000%8h375.08+0.016%$11.2M$16.8M25xas long as short
Gate TSLA_USDT0.0000%8h375.17+0.040%$2.3M$3.3M100xas long as short
Bitget TSLAUSDTlong0.0000%8h375.02long leg$17.3M$23.1M100x
StandX TSLA-USD0.0000%1h375.41+0.104%$199K$938K20xas long as short
Deribit TSLA_USDC-PERPETUAL0.0000%1h374.89−0.035%$18K$191K10xas long as short
Phemex TSLAUSDT0.0000%4h375.10+0.021%$1.1M$14K10xas long as short
Aster TSLAUSDT+0.0005%8h375.35+0.088%$573K$200K50xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT TSLA_USDT_Perp+0.0013%8h375.49+0.125%$842K$2.9M10xas long as short
Aftermath Perps TSLAUSD+0.0030%1h375.42+0.108%$38K$35K10xas long as short
Lighter TSLA+0.0032%1h375.06+0.011%$803K$3.7M20xas long as short
Lighter RH TSLA+0.0032%1h375.16+0.037%$1.2M$2.5M20xas long as short
Arcus TSLA-USD+0.0040%1h375.04+0.005%$134K$107K10xas long as short
Variational Omni TSLA+0.0042%8h375.42+0.107%$1.8M$1.3Mas long as short
Vest TSLA-USD-PERP+0.0046%1h375.29+0.072%$126K25xas long as short
QFEX TSLA-USD+0.0048%1h375.19+0.045%$1.2M$6.2M10xas long as short
tradeXYZ xyz:TSLA+0.0050%1h374.93−0.024%$44.5M$14.7M20xas long as short
Polymarket Perps TSLA-USD+0.0050%1h374.99−0.008%$300K$161K10xas long as short
SoDEX TSLA-USD+0.0050%1h375.08+0.016%$4K$3K10xas long as short
Ondo Perps TSLA-USD.P+0.0050%1h374.90−0.032%$1.6M$1.1M10xas long as short
Bullet TSLA-USD+0.0060%1h375.13+0.029%$6K$92K10xas long as short
Binance TSLAUSDT+0.0063%8h375.15+0.035%$47.0M$114.8M25xas long as short
Extended TSLA_24_5-USD+0.0064%1h375.04+0.006%$481K$2.7M10xas long as short
BloFin TSLA-USDT+0.0085%8h375.08+0.016%$580K$358K20xas long as short
Pacifica TSLA+0.0100%1h374.98−0.010%$388K$36K10xas long as short
KuCoin TSLAUSDTM+0.0100%8h375.18+0.043%$1.5M$2.3M20xas long as short
ApeX Omni TSLAUSDT+0.0100%1h375.45+0.115%$4K$62K50xas long as short
Orderly PERP_TSLA_USDC+0.0100%8h375.08+0.016%$41K$23K20xas long as short
Aevo TSLA-PERP+0.0104%1h375.05+0.007%$74310xas long as short
Nado TSLA-PERP+0.0159%1h375.10+0.021%$497K$117K20xas long as short
Coinbase International TSLA-PERP-INTX+0.0160%1h375.16+0.037%$505K$362K10xas long as short
Injective TSLA/USDC PERP+0.0220%1h379.64+1.232%$79K$37K30xas long as short
RISEx TSLA/USDCshort+0.0290%1h375.24+0.058%$214K$654K20x
Phoenix TSLA+0.0404%1h375.57+0.147%$1.3M$507K20xas long as short