Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0015%/8h= +1.6% APRpaid last 24h +0.043%

Price spread now: Arcus against BloFin−0.016%7-day average −0.079% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$21as in the Price arb table

costs, in and out, $10k−$270.271% of the position

Long on BloFin Short on Arcus

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.057%+$6 on $10k

Price spread, last 3 days (all we have)−0.040%−$4 · spread now −0.016%, 7d avg −0.079%

Together, before fees+0.016%+$2 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and Arcus is 0.063% dearer against BloFin than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.079%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin TSLA-USDT	376.08	0.0025	pay 0.0025% / 8h	7h 32m	$571K	$339K	20x
Short	Arcus TSLA-USD	376.02	0.0040	get 0.0005% / 1h	32m 25s	$163K	$93K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Arcus against BloFin. 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 BloFinbpFee ArcusbpOrdersPrice spread, now −0.016%Rate

Funding earned: $3.13
Price spread: −0.016% → −0.079%: $6.29
Slippage, 4 orders: −$10.6
Fee BloFin: 6 bp × 2 orders: −$12
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Net: −$17.68
Costs to cover: 0.271%
Break-even: 46.6 days

Slippage from BloFin: live order book, 39 min ago; Arcus: live order book, 41 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 BloFin live order book, 39 min ago	0.13 bp	7.9 bp −$8	9.3 bp −$93	18.8 bp −$1,878	doesn't fit
Sell Arcus live order book, 41 min ago	3.86 bp	6.4 bp −$6	6.4 bp −$64	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	−0.0888%	4h	376.12	+0.010%	$398K	$1.0M	10x	as long as short
Aster TSLAUSDT	0.0000%	8h	376.12	+0.010%	$585K	$191K	50x	as long as short
Extended TSLA_24_5-USD	0.0000%	1h	376.20	+0.033%	$482K	$11.6M	10x	as long as short
Binance TSLAUSDT	0.0000%	8h	376.28	+0.053%	$47.0M	$109.4M	25x	as long as short
Bybit TSLAUSDT	0.0000%	8h	376.16	+0.021%	$10.2M	$15.4M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	376.28	+0.053%	$11.2M	$16.8M	25x	as long as short
Gate TSLA_USDT	0.0000%	8h	376.22	+0.037%	$2.3M	$3.9M	100x	as long as short
Bitget TSLAUSDT	0.0000%	8h	376.13	+0.013%	$16.8M	$22.6M	100x	as long as short
Variational Omni TSLA	0.0000%	8h	376.19	+0.028%	$1.9M	$1.3M	—	as long as short
StandX TSLA-USD	0.0000%	1h	376.07	−0.003%	$200K	$893K	20x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit TSLA_USDC-PERPETUAL	0.0000%	1h	376.13	+0.013%	$20K	$186K	10x	as long as short
Phemex TSLAUSDT	0.0000%	4h	376.10	+0.005%	$1.1M	$13K	10x	as long as short
Aftermath Perps TSLAUSD	+0.0009%	1h	375.99	−0.024%	$38K	$46K	10x	as long as short
BloFin TSLA-USDTlong	+0.0025%	8h	376.08	long leg	$571K	$339K	20x
QFEX TSLA-USD	+0.0028%	1h	376.22	+0.037%	$1.2M	$7.1M	10x	as long as short
Lighter TSLA	+0.0032%	1h	376.24	+0.043%	$717K	$3.4M	20x	as long as short
Lighter RH TSLA	+0.0032%	1h	376.26	+0.048%	$1.2M	$2.6M	20x	as long as short
Arcus TSLA-USDshort	+0.0040%	1h	376.02	−0.016%	$163K	$93K	10x
Vest TSLA-USD-PERP	+0.0046%	1h	376.17	+0.024%	—	$133K	25x	as long as short
Coinbase International TSLA-PERP-INTX	+0.0048%	1h	375.11	−0.258%	$529K	$307K	10x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	376.04	−0.011%	$44.3M	$14.2M	20x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	376.07	−0.003%	$298K	$308K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	376.15	+0.019%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	375.95	−0.035%	$1.6M	$1.0M	10x	as long as short
Hotstuff TSLA-PERP	+0.0072%	1h	375.98	−0.027%	$34K	—	20x	as long as short
RISEx TSLA/USDC	+0.0079%	1h	376.31	+0.061%	$291K	$598K	20x	as long as short
GRVT TSLA_USDT_Perp	+0.0081%	8h	376.28	+0.054%	$846K	$2.8M	10x	as long as short
Pacifica TSLA	+0.0100%	1h	376.15	+0.020%	$390K	$38K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	375.91	−0.045%	$1.5M	$106K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	376.06	−0.005%	$4K	$62K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	376.06	−0.005%	$41K	$20K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	376.17	+0.024%	$745	—	10x	as long as short
Bullet TSLA-USD	+0.0118%	1h	376.27	+0.052%	$5K	$92K	10x	as long as short
Nado TSLA-PERP	+0.0136%	1h	376.10	+0.005%	$489K	$112K	20x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	377.22	+0.303%	$78K	$36K	30x	as long as short
Phoenix TSLA	+0.0277%	1h	376.07	−0.003%	$1.3M	$547K	20x	as long as short