Settings8H · net · $10k
Funding arb · Price arb /

TSLA

RWAall TSLA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0022%/8h= +2.4% APRnext payment +$0.22 per $10,000 · paid last 24h +0.012%
Price spread now: BloFin against Bybit−0.035%82s7-day average −0.015% · you buy dearer than you sell
Net, funding: paid 7d − costs−$11as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$310.307% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.195%+$20 on $10k
Price spread, last 3 days (all we have)−0.002%$0 · spread now −0.035%, 7d avg −0.015%
Together, before fees+0.193%+$19 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.015%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate. The two prices were read 82 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit TSLAUSDT375.300get 0.0000% / 8h2h 03m$10.2M$15.6M100x
ShortBloFin TSLA-USDT375.170.0022get 0.0022% / 8h2h 03m$571K$339K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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

Funding earned
$4.66
Price spread: −0.035% → −0.015%
−$2
Slippage, 4 orders
−$7.68
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$28.02
Costs to cover
0.307%
Break-even
49.1 days
Slippage from Bybit: live order book, 4 min ago; BloFin: live order book, 17 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 4 min ago1.20 bp8.9 bp −$913.8 bp −$138doesn't fitdoesn't fit
Sell BloFin live order book, 17 min ago0.13 bp6.1 bp −$68.3 bp −$8323.6 bp −$2,362doesn't fit

TSLA on 36 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX TSLAUSDC−0.0223%4h375.18−0.031%$397K$1.0M10xas long as short
Aster TSLAUSDT0.0000%8h375.11−0.051%$584K$192K50xas long as short
Extended TSLA_24_5-USD0.0000%1h375.16−0.037%$477K$10.6M10xas long as short
Binance TSLAUSDT0.0000%8h375.21−0.025%$46.9M$110.0M25xas long as short
Bybit TSLAUSDTlong0.0000%8h375.30long leg$10.2M$15.6M100x
OKX TSLA-USDT-SWAP0.0000%8h375.18−0.032%$11.2M$16.8M25xas long as short
Gate TSLA_USDT0.0000%8h375.19−0.029%$2.3M$4.2M100xas long as short
Bitget TSLAUSDT0.0000%8h375.13−0.045%$16.6M$22.5M100xas long as short
Variational Omni TSLA0.0000%8h375.19−0.030%$1.8M$1.1Mas long as short
StandX TSLA-USD0.0000%1h375.19−0.029%$199K$902K20xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bullet TSLA-USD0.0000%1h375.21−0.024%$5K$91K10xas long as short
Deribit TSLA_USDC-PERPETUAL0.0000%1h375.12−0.048%$20K$186K10xas long as short
Phemex TSLAUSDT0.0000%4h375.17−0.035%$1.1M$13K10xas long as short
Nado TSLA-PERP+0.0006%1h374.97−0.088%$484K$90K20xas long as short
Aftermath Perps TSLAUSD+0.0016%1h375.02−0.075%$38K$49K10xas long as short
BloFin TSLA-USDTshort+0.0022%8h375.17−0.035%$571K$339K20x
Lighter TSLA+0.0032%1h375.16−0.037%$648K$3.4M20xas long as short
Lighter RH TSLA+0.0032%1h375.19−0.029%$1.2M$2.7M20xas long as short
Vest TSLA-USD-PERP+0.0046%1h375.08−0.059%$133K25xas long as short
QFEX TSLA-USD+0.0046%1h375.20−0.027%$1.2M$7.1M10xas long as short
tradeXYZ xyz:TSLA+0.0050%1h374.91−0.104%$43.5M$14.3M20xas long as short
Polymarket Perps TSLA-USD+0.0050%1h374.96−0.091%$297K$292K10xas long as short
SoDEX TSLA-USD+0.0050%1h375.14−0.043%$4K$3K10xas long as short
Ondo Perps TSLA-USD.P+0.0050%1h374.87−0.115%$1.6M$1.0M10xas long as short
Hotstuff TSLA-PERP+0.0064%1h374.90−0.107%$34K20xas long as short
Pacifica TSLA+0.0100%1h375.11−0.051%$389K$37K10xas long as short
KuCoin TSLAUSDTM+0.0100%8h375.03−0.072%$1.5M$159K20xas long as short
ApeX Omni TSLAUSDT+0.0100%1h375.02−0.075%$4K$62K50xas long as short
Orderly PERP_TSLA_USDC+0.0100%8h374.96−0.091%$41K$20K20xas long as short
RISEx TSLA/USDC+0.0103%1h375.27−0.009%$175K$530K20xas long as short
Aevo TSLA-PERP+0.0104%1h375.16−0.037%$74310xas long as short
GRVT TSLA_USDT_Perp+0.0126%8h375.26−0.009%$847K$3.0M10xas long as short
Coinbase International TSLA-PERP-INTX+0.0136%1h375.11−0.051%$529K$332K10xas long as short
Arcus TSLA-USD+0.0188%1h375.03−0.072%$153K$84K10xas long as short
Injective TSLA/USDC PERP+0.0220%1h376.13+0.221%$78K$36K30xas long as short
Phoenix TSLA+0.0384%1h375.21−0.024%$1.3M$458K20xas long as short