Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC−0.0198%/8h= −21.7% APRpaid last 24h −0.088%

Price spread now: Hotstuff against BloFin−0.082%7-day average — · you buy dearer than you sell

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

Long on BloFin Short on Hotstuff

What this pair did over the last

the charts below follow

Funding, last 4 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

Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Hotstuff is 0.082% cheaper against BloFin than usual: you would sell low and buy high (−$8 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin TSLA-USDT	376.75	0.0182	pay 0.0182% / 8h	6h 19m	$584K	$367K	20x
Short	Hotstuff TSLA-PERP	376.44	−0.0016	pay 0.0002% / 1h	19m 11s	$34K	—	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hotstuff 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 HotstuffbpOrdersPrice spread, now −0.082%Rate

Funding earned: −$41.54
Price spread: −0.082% → 0.000%: −$8.23
Slippage, 4 orders: no order book: not counted
Fee BloFin: 6 bp × 2 orders: −$12
Fee Hotstuff: 2.5 bp × 2 orders: −$5
Net: −$66.77
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: BloFin: live order book, 30 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 BloFin live order book, 30 min ago	0.13 bp	7.5 bp −$7	10.2 bp −$102	20.8 bp −$2,078	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 exchanges

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	−0.0419%	4h	376.73	−0.006%	$396K	$1.1M	10x	as long as short
Hotstuff TSLA-PERPshort	−0.0016%	1h	376.44	−0.082%	$34K	—	20x
Bybit TSLAUSDT	0.0000%	8h	376.77	+0.005%	$10.1M	$14.0M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	376.70	−0.013%	$11.3M	$15.7M	25x	as long as short
Gate TSLA_USDT	0.0000%	8h	376.76	+0.003%	$2.3M	$3.2M	100x	as long as short
Bitget TSLAUSDT	0.0000%	8h	376.66	−0.024%	$17.2M	$23.7M	100x	as long as short
StandX TSLA-USD	0.0000%	1h	376.55	−0.053%	$200K	$958K	20x	as long as short
Phemex TSLAUSDT	0.0000%	4h	376.73	−0.005%	$1.1M	$14K	10x	as long as short
Aftermath Perps TSLAUSD	+0.0023%	1h	376.59	−0.044%	$38K	$36K	10x	as long as short
Lighter RH TSLA	+0.0032%	1h	376.67	−0.021%	$1.2M	$2.5M	20x	as long as short

Show all 36 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Arcus TSLA-USD	+0.0040%	1h	376.54	−0.056%	$132K	$85K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	376.63	−0.032%	—	$126K	25x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	376.47	−0.074%	$44.7M	$14.8M	20x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	376.48	−0.072%	$300K	$144K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	376.63	−0.032%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	376.34	−0.109%	$1.5M	$1.1M	10x	as long as short
QFEX TSLA-USD	+0.0053%	1h	376.69	−0.016%	$1.3M	$6.2M	10x	as long as short
Deribit TSLA_USDC-PERPETUAL	+0.0069%	1h	376.54	−0.056%	$18K	$191K	10x	as long as short
Lighter TSLA	+0.0088%	1h	376.69	−0.016%	$805K	$3.7M	20x	as long as short
Pacifica TSLA	+0.0100%	1h	376.40	−0.093%	$390K	$36K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	376.46	−0.077%	$1.4M	$3.3M	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	376.51	−0.064%	$4K	$61K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	376.50	−0.066%	$41K	$25K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	376.66	−0.025%	$746	—	10x	as long as short
Coinbase International TSLA-PERP-INTX	+0.0120%	1h	376.58	−0.045%	$517K	$387K	10x	as long as short
Aster TSLAUSDT	+0.0143%	8h	376.81	+0.016%	$575K	$190K	50x	as long as short
RISEx TSLA/USDC	+0.0175%	1h	376.82	+0.020%	$216K	$651K	20x	as long as short
Variational Omni TSLA	+0.0180%	8h	376.75	−0.001%	$1.7M	$1.5M	—	as long as short
BloFin TSLA-USDTlong	+0.0182%	8h	376.75	long leg	$584K	$367K	20x
Bullet TSLA-USD	+0.0198%	1h	376.74	−0.003%	$6K	$94K	10x	as long as short
Extended TSLA_24_5-USD	+0.0200%	1h	376.62	−0.036%	$484K	$2.7M	10x	as long as short
Binance TSLAUSDT	+0.0200%	8h	376.75	0.000%	$47.2M	$115.2M	25x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	377.30	+0.146%	$76K	$39K	30x	as long as short
Nado TSLA-PERP	+0.0231%	1h	376.50	−0.067%	$499K	$104K	20x	as long as short
Phoenix TSLA	+0.0297%	1h	376.78	+0.008%	$1.3M	$502K	20x	as long as short
GRVT TSLA_USDT_Perp	+0.0719%	8h	376.84	+0.024%	$849K	$2.9M	10x	as long as short