Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0031%/8h= +3.3% APRpaid last 24h +0.001%

Price spread now: QFEX against BloFin−0.027%7-day average −0.021% · 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−$27as in the Price arb table

costs, in and out, $10k−$260.261% of the position

Long on BloFin Short on QFEX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.033%−$3 on $10k

Price spread, last 3 days (all we have)+0.020%+$2 · spread now −0.027%, 7d avg −0.021%

Together, before fees−0.012%−$1 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.021%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin TSLA-USDT	375.72	0.0000	pay 0.0000% / 8h	20m 10s	$569K	$341K	20x
Short	QFEX TSLA-USD	375.62	0.0031	get 0.0004% / 1h	20m 10s	$1.2M	$7.2M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

QFEX 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 QFEXbpOrdersPrice spread, now −0.027%Rate

Funding earned: $6.42
Price spread: −0.027% → −0.021%: −$0.56
Slippage, 4 orders: −$4.07
Fee BloFin: 6 bp × 2 orders: −$12
Fee QFEX: 5 bp × 2 orders: −$10
Net: −$20.21
Costs to cover: 0.261%
Break-even: 29.0 days

Slippage from BloFin: live order book, 56 min ago; QFEX: 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 BloFin live order book, 56 min ago	0.27 bp	7.0 bp −$7	8.1 bp −$81	19.5 bp −$1,951	doesn't fit
Sell QFEX live order book, 4 min ago	1.33 bp	6.3 bp −$6	6.5 bp −$65	10.4 bp −$1,044	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	−0.0424%	4h	375.55	−0.046%	$397K	$1.0M	10x	as long as short
Aster TSLAUSDT	0.0000%	8h	375.54	−0.048%	$584K	$191K	50x	as long as short
Extended TSLA_24_5-USD	0.0000%	1h	375.65	−0.019%	$478K	$10.6M	10x	as long as short
Binance TSLAUSDT	0.0000%	8h	375.72	−0.001%	$46.9M	$110.1M	25x	as long as short
Bybit TSLAUSDT	0.0000%	8h	375.86	+0.037%	$10.2M	$15.4M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	375.71	−0.003%	$11.2M	$16.8M	25x	as long as short
Gate TSLA_USDT	0.0000%	8h	375.71	−0.003%	$2.3M	$4.1M	100x	as long as short
Bitget TSLAUSDT	0.0000%	8h	375.57	−0.040%	$16.7M	$22.6M	100x	as long as short
Variational Omni TSLA	0.0000%	8h	375.67	−0.012%	$1.9M	$1.3M	—	as long as short
StandX TSLA-USD	0.0000%	1h	375.70	−0.005%	$199K	$893K	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	375.74	+0.006%	$5K	$90K	10x	as long as short
Deribit TSLA_USDC-PERPETUAL	0.0000%	1h	375.60	−0.032%	$20K	$187K	10x	as long as short
Phemex TSLAUSDT	0.0000%	4h	375.62	−0.027%	$1.1M	$13K	10x	as long as short
BloFin TSLA-USDTlong	0.0000%	8h	375.72	long leg	$569K	$341K	20x
Hotstuff TSLA-PERP	+0.0008%	1h	375.42	−0.080%	$34K	—	20x	as long as short
Aftermath Perps TSLAUSD	+0.0009%	1h	375.52	−0.053%	$38K	$47K	10x	as long as short
QFEX TSLA-USDshort	+0.0031%	1h	375.62	−0.027%	$1.2M	$7.2M	10x
Lighter TSLA	+0.0032%	1h	375.67	−0.013%	$652K	$3.3M	20x	as long as short
Lighter RH TSLA	+0.0032%	1h	375.70	−0.005%	$1.2M	$2.6M	20x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	375.64	−0.021%	—	$133K	25x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	375.46	−0.069%	$44.2M	$14.7M	20x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	375.58	−0.037%	$297K	$307K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	375.64	−0.021%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	375.54	−0.048%	$1.6M	$1.0M	10x	as long as short
Arcus TSLA-USD	+0.0083%	1h	375.50	−0.059%	$165K	$96K	10x	as long as short
RISEx TSLA/USDC	+0.0085%	1h	375.78	+0.016%	$255K	$577K	20x	as long as short
Nado TSLA-PERP	+0.0093%	1h	375.55	−0.046%	$492K	$110K	20x	as long as short
Pacifica TSLA	+0.0100%	1h	375.66	−0.016%	$389K	$38K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	375.50	−0.059%	$1.5M	$160K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	375.51	−0.056%	$4K	$62K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	375.50	−0.059%	$41K	$21K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	375.66	−0.016%	$744	—	10x	as long as short
Coinbase International TSLA-PERP-INTX	+0.0120%	1h	375.11	−0.162%	$529K	$328K	10x	as long as short
GRVT TSLA_USDT_Perp	+0.0144%	8h	375.68	−0.012%	$845K	$2.7M	10x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	376.62	+0.240%	$78K	$36K	30x	as long as short
Phoenix TSLA	+0.0362%	1h	375.59	−0.035%	$1.3M	$547K	20x	as long as short