Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0104%/8h= +11.4% APRpaid last 24h +0.031%

Price spread now: Aevo against Bybit−0.064%49s7-day average — · you buy dearer than you sell

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

Long on Bybit Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. Aevo is 0.064% cheaper against Bybit than usual: you would sell low and buy high (spread −0.064% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$6 on $10k: about 2.1 days of funding at the current rate (+$3 a day). The two prices were read 49 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	Bybit TSLAUSDT	375.77	0	get 0.0000% / 8h	42m 28s	$10.2M	$15.4M	100x
Short	Aevo TSLA-PERP	375.53	0.0104	get 0.0013% / 1h	42m 28s	$744	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Bybit. 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 BybitbpFee AevobpOrdersPrice spread, now −0.064%Rate

Funding earned: $21.84
Price spread: −0.064% → 0.000%: −$6.44
Slippage, 4 orders: no order book: not counted
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$11.6
Costs to cover: 0.270%
Break-even: 10.7 days

Slippage unknown: Bybit: live order book, 1 min ago; Aevo: 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 Bybit live order book, 1 min ago	0.27 bp	7.3 bp −$7	12.2 bp −$122	150.4 bp −$15.0K	doesn't fit
Sell Aevo no order-book sample	—	—	—	—	—

Aevo: 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 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	−0.0442%	4h	375.53	−0.063%	$397K	$1.0M	10x	as long as short
BloFin TSLA-USDT	−0.0025%	8h	375.55	−0.059%	$567K	$341K	20x	as long as short
Nado TSLA-PERP	−0.0002%	1h	375.54	−0.061%	$495K	$108K	20x	as long as short
Aster TSLAUSDT	0.0000%	8h	375.38	−0.104%	$584K	$191K	50x	as long as short
Extended TSLA_24_5-USD	0.0000%	1h	375.57	−0.054%	$478K	$10.6M	10x	as long as short
Binance TSLAUSDT	0.0000%	8h	375.64	−0.034%	$46.9M	$110.0M	25x	as long as short
Bybit TSLAUSDTlong	0.0000%	8h	375.77	long leg	$10.2M	$15.4M	100x
OKX TSLA-USDT-SWAP	0.0000%	8h	375.67	−0.027%	$11.2M	$16.8M	25x	as long as short
Gate TSLA_USDT	0.0000%	8h	375.59	−0.048%	$2.3M	$4.1M	100x	as long as short
Bitget TSLAUSDT	0.0000%	8h	375.52	−0.067%	$16.7M	$22.6M	100x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni TSLA	0.0000%	8h	375.52	−0.067%	$1.8M	$1.2M	—	as long as short
StandX TSLA-USD	0.0000%	1h	375.57	−0.053%	$199K	$899K	20x	as long as short
Bullet TSLA-USD	0.0000%	1h	375.63	−0.037%	$5K	$91K	10x	as long as short
Deribit TSLA_USDC-PERPETUAL	0.0000%	1h	375.47	−0.080%	$20K	$187K	10x	as long as short
Phemex TSLAUSDT	0.0000%	4h	375.48	−0.077%	$1.1M	$13K	10x	as long as short
Aftermath Perps TSLAUSD	+0.0011%	1h	375.29	−0.126%	$38K	$48K	10x	as long as short
QFEX TSLA-USD	+0.0031%	1h	375.55	−0.059%	$1.2M	$7.2M	10x	as long as short
Lighter TSLA	+0.0032%	1h	375.62	−0.040%	$652K	$3.3M	20x	as long as short
Lighter RH TSLA	+0.0032%	1h	375.62	−0.040%	$1.2M	$2.6M	20x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	375.62	−0.040%	—	$133K	25x	as long as short
Hotstuff TSLA-PERP	+0.0048%	1h	375.40	−0.098%	$34K	—	20x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	375.39	−0.101%	$44.2M	$14.7M	20x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	375.44	−0.088%	$297K	$292K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	375.50	−0.072%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	375.27	−0.133%	$1.6M	$1.0M	10x	as long as short
Arcus TSLA-USD	+0.0083%	1h	375.49	−0.075%	$165K	$96K	10x	as long as short
RISEx TSLA/USDC	+0.0085%	1h	375.67	−0.027%	$260K	$573K	20x	as long as short
Pacifica TSLA	+0.0100%	1h	375.47	−0.081%	$389K	$38K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	375.40	−0.098%	$1.5M	$160K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	375.31	−0.122%	$4K	$62K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	375.36	−0.109%	$41K	$21K	20x	as long as short
Aevo TSLA-PERPshort	+0.0104%	1h	375.53	−0.064%	$744	—	10x
Coinbase International TSLA-PERP-INTX	+0.0120%	1h	375.11	−0.176%	$529K	$328K	10x	as long as short
GRVT TSLA_USDT_Perp	+0.0127%	8h	375.59	−0.048%	$842K	$2.7M	10x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	376.46	+0.184%	$78K	$36K	30x	as long as short
Phoenix TSLA	+0.0362%	1h	375.66	−0.029%	$1.3M	$547K	20x	as long as short