Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC+0.0183%/8h= +20.1% APRpaid last 24h +0.032%

Price spread now: Bullet against Bybit+0.027%7-day average — · you sell dearer than you buy

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

Long on Bybit Short on Bullet

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—needs both histories

Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Bullet is 0.027% dearer against Bybit than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit TSLAUSDT	376.85	0	get 0.0000% / 8h	6h 58m	$10.1M	$15.1M	100x
Short	Bullet TSLA-USD	376.95	0.0183	get 0.0023% / 1h	58m 20s	$6K	$93K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bullet 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 BulletbpOrdersPrice spread, now +0.027%Rate

Funding earned: $38.49
Price spread: +0.027% → 0.000%: $2.65
Slippage, 4 orders: no order book: not counted
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Bullet: 4 bp × 2 orders: −$8
Net: $22.14
Costs to cover: 0.190%
Break-even: 3.0 days

Slippage unknown: Bybit: live order book, 5 min ago; Bullet: 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, 5 min ago	0.13 bp	7.9 bp −$8	12.5 bp −$125	doesn't fit	doesn't fit
Sell Bullet no order-book sample	—	—	—	—	—

Bullet: 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
Hotstuff TSLA-PERP	−0.1576%	1h	376.60	−0.066%	$34K	—	20x	as long as short
edgeX TSLAUSDC	−0.0043%	4h	376.91	+0.016%	$397K	$1.1M	10x	as long as short
Bybit TSLAUSDTlong	0.0000%	8h	376.85	long leg	$10.1M	$15.1M	100x
OKX TSLA-USDT-SWAP	0.0000%	8h	376.95	+0.027%	$11.3M	$16.9M	25x	as long as short
Gate TSLA_USDT	0.0000%	8h	376.90	+0.013%	$2.3M	$3.2M	100x	as long as short
Bitget TSLAUSDT	0.0000%	8h	376.85	0.000%	$17.2M	$23.6M	100x	as long as short
StandX TSLA-USD	0.0000%	1h	376.50	−0.093%	$200K	$967K	20x	as long as short
Phemex TSLAUSDT	0.0000%	4h	376.81	−0.011%	$1.1M	$14K	10x	as long as short
Aftermath Perps TSLAUSD	+0.0022%	1h	376.61	−0.063%	$38K	$36K	10x	as long as short
Lighter RH TSLA	+0.0032%	1h	376.77	−0.021%	$1.2M	$2.5M	20x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Arcus TSLA-USD	+0.0040%	1h	376.81	−0.011%	$132K	$109K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	376.82	−0.008%	—	$126K	25x	as long as short
QFEX TSLA-USD	+0.0048%	1h	376.84	−0.003%	$1.3M	$6.2M	10x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	376.50	−0.093%	$44.7M	$14.9M	20x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	376.68	−0.045%	$300K	$158K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	376.74	−0.029%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	376.61	−0.064%	$1.6M	$1.1M	10x	as long as short
Deribit TSLA_USDC-PERPETUAL	+0.0069%	1h	376.72	−0.034%	$18K	$192K	10x	as long as short
Aster TSLAUSDT	+0.0071%	8h	376.81	−0.011%	$575K	$189K	50x	as long as short
Lighter TSLA	+0.0072%	1h	376.81	−0.011%	$806K	$3.7M	20x	as long as short
BloFin TSLA-USDT	+0.0095%	8h	376.83	−0.005%	$578K	$365K	20x	as long as short
Variational Omni TSLA	+0.0097%	8h	376.90	+0.012%	$1.7M	$1.5M	—	as long as short
Pacifica TSLA	+0.0100%	1h	376.57	−0.074%	$390K	$36K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	376.60	−0.066%	$1.5M	$2.7M	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	376.51	−0.090%	$4K	$62K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	376.76	−0.024%	$41K	$24K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	376.82	−0.009%	$746	—	10x	as long as short
Coinbase International TSLA-PERP-INTX	+0.0120%	1h	376.82	−0.008%	$508K	$367K	10x	as long as short
Binance TSLAUSDT	+0.0127%	8h	376.84	−0.003%	$47.2M	$115.4M	25x	as long as short
Extended TSLA_24_5-USD	+0.0128%	1h	376.80	−0.014%	$481K	$2.7M	10x	as long as short
RISEx TSLA/USDC	+0.0175%	1h	376.94	+0.023%	$215K	$652K	20x	as long as short
Bullet TSLA-USDshort	+0.0183%	1h	376.95	+0.027%	$6K	$93K	10x
Injective TSLA/USDC PERP	+0.0220%	1h	379.42	+0.682%	$79K	$37K	30x	as long as short
Nado TSLA-PERP	+0.0223%	1h	376.66	−0.051%	$500K	$111K	20x	as long as short
Phoenix TSLA	+0.0404%	1h	377.07	+0.058%	$1.3M	$493K	20x	as long as short
GRVT TSLA_USDT_Perp	+0.0616%	8h	377.04	+0.051%	$852K	$2.9M	10x	as long as short