Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.020%

Price spread now: tradeXYZ against Bitget−0.013%7-day average −0.084% · you buy dearer than you sell

Net, funding: paid 7d − costs−$26as in the Funding arb table

Net, price: spread back to 7d avg − costs−$29as in the Price arb table

costs, in and out, $10k−$360.364% of the position

Long on Bitget Short on tradeXYZ

What this pair did over the last

the charts below follow

Funding, last 7 days+0.101%+$10 on $10k

Price spread, last 7 days−0.035%−$3 · spread now −0.013%, 7d avg −0.084%

Together, before fees+0.066%+ Points / potential airdroptradeXYZ: Active · farm board+$7 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 tradeXYZ is 0.070% dearer against Bitget than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.084%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget TSLAUSDT	375.17	0	get 0.0000% / 8h	1h 45m	$16.6M	$22.5M	100x
Short	tradeXYZ xyz:TSLA	375.12	0.0050	get 0.0006% / 1h	45m 10s	$43.5M	$14.2M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ 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 tradeXYZbpOrdersPrice spread, now −0.013%Rate

Funding earned: $10.5
Price spread: −0.013% → −0.084%: $7.03
Slippage, 4 orders: −$6.36
Fee Bitget: 6 bp × 2 orders: −$12
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: −$18.83
Costs to cover: 0.364%
Break-even: 19.6 days

Slippage from Bitget: live order book, 4 min ago; tradeXYZ: live order book, 4 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, 4 min ago	0.67 bp	8.4 bp −$8	10.9 bp −$109	35.8 bp −$3,575	doesn't fit
Sell tradeXYZ live order book, 4 min ago	0.40 bp	9.8 bp −$10	12.0 bp −$120	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	−0.0577%	4h	375.24	+0.020%	$397K	$1.0M	10x	as long as short
Hotstuff TSLA-PERP	−0.0040%	1h	375.05	−0.032%	$34K	—	20x	as long as short
Aster TSLAUSDT	0.0000%	8h	375.11	−0.016%	$584K	$192K	50x	as long as short
Extended TSLA_24_5-USD	0.0000%	1h	375.23	+0.016%	$477K	$10.6M	10x	as long as short
Binance TSLAUSDT	0.0000%	8h	375.32	+0.040%	$46.9M	$110.0M	25x	as long as short
Bybit TSLAUSDT	0.0000%	8h	375.38	+0.056%	$10.2M	$15.4M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	375.25	+0.021%	$11.2M	$16.8M	25x	as long as short
RISEx TSLA/USDC	0.0000%	1h	375.36	+0.052%	$175K	$529K	20x	as long as short
Gate TSLA_USDT	0.0000%	8h	375.22	+0.013%	$2.3M	$4.1M	100x	as long as short
Bitget TSLAUSDTlong	0.0000%	8h	375.17	long leg	$16.6M	$22.5M	100x

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni TSLA	0.0000%	8h	375.21	+0.010%	$1.8M	$1.2M	—	as long as short
StandX TSLA-USD	0.0000%	1h	375.27	+0.027%	$199K	$900K	20x	as long as short
Deribit TSLA_USDC-PERPETUAL	0.0000%	1h	375.05	−0.032%	$20K	$186K	10x	as long as short
Phemex TSLAUSDT	0.0000%	4h	375.30	+0.035%	$1.1M	$13K	10x	as long as short
Aftermath Perps TSLAUSD	+0.0014%	1h	375.12	−0.015%	$38K	$49K	10x	as long as short
BloFin TSLA-USDT	+0.0015%	8h	375.32	+0.040%	$570K	$341K	20x	as long as short
Bullet TSLA-USD	+0.0025%	1h	375.33	+0.043%	$5K	$90K	10x	as long as short
QFEX TSLA-USD	+0.0030%	1h	375.23	+0.016%	$1.2M	$7.1M	10x	as long as short
Lighter TSLA	+0.0032%	1h	375.25	+0.021%	$648K	$3.3M	20x	as long as short
Lighter RH TSLA	+0.0032%	1h	375.27	+0.027%	$1.2M	$2.6M	20x	as long as short
Arcus TSLA-USD	+0.0040%	1h	375.16	−0.003%	$153K	$84K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	375.17	0.000%	—	$133K	25x	as long as short
tradeXYZ xyz:TSLAshort	+0.0050%	1h	375.12	−0.013%	$43.5M	$14.2M	20x
Polymarket Perps TSLA-USD	+0.0050%	1h	375.07	−0.027%	$297K	$292K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	375.25	+0.021%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	374.87	−0.080%	$1.6M	$1.0M	10x	as long as short
Nado TSLA-PERP	+0.0052%	1h	375.11	−0.017%	$484K	$90K	20x	as long as short
Pacifica TSLA	+0.0100%	1h	375.03	−0.038%	$389K	$38K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	375.12	−0.013%	$1.5M	$159K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	375.10	−0.019%	$4K	$62K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	375.10	−0.019%	$41K	$20K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	375.25	+0.021%	$743	—	10x	as long as short
GRVT TSLA_USDT_Perp	+0.0123%	8h	375.32	+0.039%	$840K	$2.9M	10x	as long as short
Coinbase International TSLA-PERP-INTX	+0.0128%	1h	375.11	−0.016%	$529K	$332K	10x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	376.36	+0.317%	$78K	$36K	30x	as long as short
Phoenix TSLA	+0.0277%	1h	375.52	+0.093%	$1.3M	$522K	20x	as long as short