Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0022%/8h= −2.4% APRpaid last 24h +0.002%

Price spread now: Extended against BloFin−0.003%74s7-day average −0.032% · you buy dearer than you sell

Net, funding: paid 7d − costs−$33as 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−$210.208% of the position

Long on BloFin Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days−0.123%−$12 on $10k

Price spread, last 3 days (all we have)−0.001%$0 · spread now −0.003%, 7d avg −0.032%

Together, before fees−0.124%+ Points / potential airdropExtended: Active · farm board−$12 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Extended is 0.029% dearer against BloFin than usual: you sell high and buy low (spread −0.003% now, against its 7-day average of −0.032%): +$3 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 4.4 days. At the pace of the last 7 days (−0.123% in total) that is about 40 hours. The two prices were read 74 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	BloFin TSLA-USDT	375.17	0.0022	pay 0.0022% / 8h	2h 03m	$571K	$339K	20x
Short	Extended TSLA_24_5-USD	375.16	0	get 0.0000% / 1h	3m 43s	$477K	$10.6M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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 ExtendedbpOrdersPrice spread, now −0.003%Rate

Funding earned: −$4.66
Price spread: −0.003% → −0.032%: $2.92
Slippage, 4 orders: −$3.83
Fee BloFin: 6 bp × 2 orders: −$12
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$22.57
Costs to cover: 0.208%
Break-even: never at this rate

Slippage from BloFin: live order book, 17 min ago; Extended: 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 BloFin live order book, 17 min ago	0.13 bp	6.4 bp −$6	9.2 bp −$92	22.5 bp −$2,253	doesn't fit
Sell Extended live order book, 5 min ago	0.13 bp	4.1 bp −$4	24.9 bp −$249	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	−0.0223%	4h	375.18	+0.004%	$397K	$1.0M	10x	as long as short
Aster TSLAUSDT	0.0000%	8h	375.11	−0.016%	$584K	$192K	50x	as long as short
Extended TSLA_24_5-USDshort	0.0000%	1h	375.16	−0.003%	$477K	$10.6M	10x
Binance TSLAUSDT	0.0000%	8h	375.20	+0.008%	$46.9M	$110.0M	25x	as long as short
Bybit TSLAUSDT	0.0000%	8h	375.31	+0.037%	$10.2M	$15.6M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	375.17	0.000%	$11.2M	$16.8M	25x	as long as short
Gate TSLA_USDT	0.0000%	8h	375.19	+0.005%	$2.3M	$4.2M	100x	as long as short
Bitget TSLAUSDT	0.0000%	8h	375.13	−0.011%	$16.6M	$22.5M	100x	as long as short
Variational Omni TSLA	0.0000%	8h	375.19	+0.005%	$1.8M	$1.1M	—	as long as short
StandX TSLA-USD	0.0000%	1h	375.19	+0.005%	$199K	$902K	20x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bullet TSLA-USD	0.0000%	1h	375.21	+0.011%	$5K	$91K	10x	as long as short
Deribit TSLA_USDC-PERPETUAL	0.0000%	1h	375.12	−0.013%	$20K	$186K	10x	as long as short
Phemex TSLAUSDT	0.0000%	4h	375.17	0.000%	$1.1M	$13K	10x	as long as short
Nado TSLA-PERP	+0.0006%	1h	374.97	−0.053%	$484K	$90K	20x	as long as short
Aftermath Perps TSLAUSD	+0.0016%	1h	375.02	−0.040%	$38K	$49K	10x	as long as short
BloFin TSLA-USDTlong	+0.0022%	8h	375.17	long leg	$571K	$339K	20x
Lighter TSLA	+0.0032%	1h	375.16	−0.003%	$648K	$3.4M	20x	as long as short
Lighter RH TSLA	+0.0032%	1h	375.19	+0.005%	$1.2M	$2.7M	20x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	375.08	−0.024%	—	$133K	25x	as long as short
QFEX TSLA-USD	+0.0046%	1h	375.20	+0.008%	$1.2M	$7.1M	10x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	374.91	−0.069%	$43.5M	$14.3M	20x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	374.96	−0.056%	$297K	$292K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	375.14	−0.008%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	374.86	−0.083%	$1.6M	$1.0M	10x	as long as short
Hotstuff TSLA-PERP	+0.0064%	1h	374.90	−0.072%	$34K	—	20x	as long as short
Pacifica TSLA	+0.0100%	1h	374.96	−0.056%	$389K	$37K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	375.00	−0.045%	$1.5M	$159K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	375.02	−0.040%	$4K	$62K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	374.96	−0.056%	$41K	$20K	20x	as long as short
RISEx TSLA/USDC	+0.0103%	1h	375.27	+0.026%	$175K	$530K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	375.16	−0.003%	$743	—	10x	as long as short
GRVT TSLA_USDT_Perp	+0.0126%	8h	375.26	+0.025%	$847K	$3.0M	10x	as long as short
Coinbase International TSLA-PERP-INTX	+0.0136%	1h	375.11	−0.016%	$529K	$332K	10x	as long as short
Arcus TSLA-USD	+0.0188%	1h	375.04	−0.035%	$153K	$84K	10x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	376.13	+0.256%	$78K	$36K	30x	as long as short
Phoenix TSLA	+0.0384%	1h	375.21	+0.011%	$1.3M	$458K	20x	as long as short