Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0220%/8h= +24.1% APRpaid last 24h +0.066%

Price spread now: Injective against Bybit+0.799%68s7-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 Injective

What this pair did over the last

the charts below follow

Funding, last 7 days+0.446%+$45 on $10k

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 +$7 a day on $10k at the current rate, and Injective is 0.799% dearer against Bybit than usual: you sell high and buy low: +$80 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 68 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	376.53	0	get 0.0000% / 8h	2h 12m	$10.2M	$15.4M	100x
Short	Injective TSLA/USDC PERP	379.54	0.0220	get 0.0028% / 1h	12m 10s	$79K	$36K	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective 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 InjectivebpOrdersPrice spread, now +0.799%Rate

Funding earned: $46.2
Price spread: +0.799% → 0.000%: $79.94
Slippage, 4 orders: no order book: not counted
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: $115.12
Costs to cover: 0.110%
Break-even: from the start

Slippage unknown: Bybit: live order book, 1 min ago; Injective: 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	0.66 bp	6.8 bp −$7	11.2 bp −$112	doesn't fit	doesn't fit
Sell Injective no order-book sample	—	—	—	—	—

Injective: 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	−0.0672%	4h	376.20	−0.088%	$398K	$1.0M	10x	as long as short
Hotstuff TSLA-PERP	−0.0040%	1h	375.84	−0.183%	$34K	—	20x	as long as short
BloFin TSLA-USDT	−0.0026%	8h	376.46	−0.019%	$574K	$354K	20x	as long as short
Aster TSLAUSDT	0.0000%	8h	376.48	−0.012%	$575K	$199K	50x	as long as short
Extended TSLA_24_5-USD	0.0000%	1h	376.47	−0.015%	$479K	$2.7M	10x	as long as short
Binance TSLAUSDT	0.0000%	8h	376.57	+0.010%	$47.3M	$113.1M	25x	as long as short
Bybit TSLAUSDTlong	0.0000%	8h	376.53	long leg	$10.2M	$15.4M	100x
OKX TSLA-USDT-SWAP	0.0000%	8h	376.54	+0.003%	$11.2M	$16.9M	25x	as long as short
Gate TSLA_USDT	0.0000%	8h	376.52	−0.003%	$2.3M	$3.5M	100x	as long as short
Bitget TSLAUSDT	0.0000%	8h	376.46	−0.019%	$17.1M	$22.7M	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	376.23	−0.079%	$1.9M	$1.3M	—	as long as short
StandX TSLA-USD	0.0000%	1h	376.08	−0.120%	$200K	$917K	20x	as long as short
Phemex TSLAUSDT	0.0000%	4h	376.48	−0.013%	$1.1M	$14K	10x	as long as short
Aftermath Perps TSLAUSD	+0.0020%	1h	376.01	−0.139%	$38K	$39K	10x	as long as short
Lighter RH TSLA	+0.0032%	1h	376.45	−0.021%	$1.3M	$2.6M	20x	as long as short
Arcus TSLA-USD	+0.0040%	1h	376.04	−0.130%	$135K	$107K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	376.39	−0.037%	—	$125K	25x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	376.19	−0.090%	$44.5M	$14.8M	20x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	376.28	−0.066%	$301K	$307K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	376.49	−0.011%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	375.91	−0.165%	$1.6M	$1.1M	10x	as long as short
QFEX TSLA-USD	+0.0052%	1h	376.51	−0.005%	$1.2M	$6.2M	10x	as long as short
RISEx TSLA/USDC	+0.0054%	1h	376.58	+0.013%	$217K	$618K	20x	as long as short
Pacifica TSLA	+0.0100%	1h	376.18	−0.093%	$390K	$36K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	376.21	−0.085%	$1.5M	$108K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	375.94	−0.157%	$4K	$62K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	376.54	+0.003%	$41K	$23K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	376.47	−0.015%	$745	—	10x	as long as short
Coinbase International TSLA-PERP-INTX	+0.0112%	1h	376.13	−0.106%	$511K	$337K	10x	as long as short
Lighter TSLA	+0.0120%	1h	376.50	−0.008%	$829K	$3.7M	20x	as long as short
GRVT TSLA_USDT_Perp	+0.0167%	8h	376.29	−0.063%	$854K	$2.8M	10x	as long as short
Bullet TSLA-USD	+0.0178%	1h	376.59	+0.016%	$4K	$90K	10x	as long as short
Deribit TSLA_USDC-PERPETUAL	+0.0202%	1h	376.41	−0.032%	$18K	$193K	10x	as long as short
Injective TSLA/USDC PERPshort	+0.0220%	1h	379.54	+0.799%	$79K	$36K	30x
Nado TSLA-PERP	+0.0237%	1h	376.31	−0.060%	$488K	$110K	20x	as long as short
Phoenix TSLA	+0.0298%	1h	376.28	−0.066%	$1.3M	$528K	20x	as long as short