Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0088%/8h= +9.6% APRpaid last 24h −0.057%

Price spread now: Hotstuff against Bybit−0.066%7-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 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

Funding pays, the price is against you. Hotstuff is 0.066% cheaper against Bybit than usual: you would sell low and buy high (spread −0.066% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$7 on $10k: about 2.5 days of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit TSLAUSDT	376.17	0	get 0.0000% / 8h	2h 15m	$10.2M	$15.4M	100x
Short	Hotstuff TSLA-PERP	375.92	0.0088	get 0.0011% / 1h	15m 26s	$34K	—	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hotstuff 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 HotstuffbpOrdersPrice spread, now −0.066%Rate

Funding earned: $18.48
Price spread: −0.066% → 0.000%: −$6.65
Slippage, 4 orders: no order book: not counted
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Hotstuff: 2.5 bp × 2 orders: −$5
Net: −$4.17
Costs to cover: 0.160%
Break-even: 8.6 days

Slippage unknown: Bybit: live order book, 3 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 Bybit live order book, 3 min ago	0.53 bp	7.5 bp −$7	11.4 bp −$114	150.6 bp −$15.1K	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 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	−0.0397%	4h	376.32	+0.041%	$398K	$1.0M	10x	as long as short
BloFin TSLA-USDT	−0.0021%	8h	376.34	+0.045%	$576K	$354K	20x	as long as short
Aster TSLAUSDT	0.0000%	8h	376.32	+0.039%	$576K	$199K	50x	as long as short
Extended TSLA_24_5-USD	0.0000%	1h	376.16	−0.003%	$479K	$2.7M	10x	as long as short
Binance TSLAUSDT	0.0000%	8h	376.20	+0.008%	$47.2M	$113.1M	25x	as long as short
Bybit TSLAUSDTlong	0.0000%	8h	376.17	long leg	$10.2M	$15.4M	100x
OKX TSLA-USDT-SWAP	0.0000%	8h	376.11	−0.016%	$11.2M	$16.9M	25x	as long as short
Gate TSLA_USDT	0.0000%	8h	376.23	+0.016%	$2.3M	$3.5M	100x	as long as short
Bitget TSLAUSDT	0.0000%	8h	376.15	−0.005%	$17.1M	$22.7M	100x	as long as short
Variational Omni TSLA	0.0000%	8h	376.23	+0.017%	$1.9M	$1.3M	—	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
StandX TSLA-USD	0.0000%	1h	376.17	0.000%	$200K	$917K	20x	as long as short
Phemex TSLAUSDT	0.0000%	4h	376.24	+0.019%	$1.1M	$14K	10x	as long as short
Aftermath Perps TSLAUSD	+0.0020%	1h	376.05	−0.031%	$38K	$39K	10x	as long as short
Lighter RH TSLA	+0.0032%	1h	376.18	+0.003%	$1.3M	$2.6M	20x	as long as short
Arcus TSLA-USD	+0.0040%	1h	375.96	−0.056%	$135K	$107K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	376.12	−0.013%	—	$125K	25x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	375.88	−0.077%	$44.5M	$14.8M	20x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	376.05	−0.032%	$300K	$307K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	376.18	+0.003%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	375.85	−0.085%	$1.6M	$1.1M	10x	as long as short
QFEX TSLA-USD	+0.0052%	1h	376.22	+0.013%	$1.2M	$6.2M	10x	as long as short
RISEx TSLA/USDC	+0.0054%	1h	376.31	+0.037%	$217K	$619K	20x	as long as short
Hotstuff TSLA-PERPshort	+0.0088%	1h	375.92	−0.066%	$34K	—	20x
Pacifica TSLA	+0.0100%	1h	375.94	−0.061%	$390K	$36K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	375.97	−0.053%	$1.5M	$108K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	376.05	−0.032%	$4K	$62K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	376.22	+0.013%	$41K	$23K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	376.21	+0.011%	$745	—	10x	as long as short
Coinbase International TSLA-PERP-INTX	+0.0112%	1h	376.13	−0.011%	$511K	$337K	10x	as long as short
Lighter TSLA	+0.0120%	1h	376.21	+0.011%	$829K	$3.7M	20x	as long as short
GRVT TSLA_USDT_Perp	+0.0165%	8h	376.34	+0.046%	$854K	$2.8M	10x	as long as short
Bullet TSLA-USD	+0.0171%	1h	376.24	+0.018%	$5K	$90K	10x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	379.54	+0.896%	$79K	$36K	30x	as long as short
Deribit TSLA_USDC-PERPETUAL	+0.0229%	1h	376.18	+0.003%	$18K	$193K	10x	as long as short
Nado TSLA-PERP	+0.0236%	1h	376.02	−0.039%	$488K	$110K	20x	as long as short
Phoenix TSLA	+0.0298%	1h	376.31	+0.037%	$1.3M	$528K	20x	as long as short