Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0093%/8h= +10.2% APRpaid last 24h +0.018%

Price spread now: Nado against Bybit−0.083%7-day average −0.056% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$41as in the Price arb table

costs, in and out, $10k−$380.381% of the position

Long on Bybit Short on Nado

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.039%−$4 on $10k

Price spread, last 3 days (all we have)−0.068%−$7 · spread now −0.083%, 7d avg −0.056%

Together, before fees−0.106%+ Points / potential airdropNado: Active · farm board−$11 on $10k · with fees, hour by hour

Funding pays, the price is against you. Nado is 0.027% cheaper against Bybit than usual: you would sell low and buy high (spread −0.083% now, against its 7-day average of −0.056%). If the spread goes back, that is −$3 on $10k: about 23 hours 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	375.86	0	get 0.0000% / 8h	20m 32s	$10.2M	$15.4M	100x
Short	Nado TSLA-PERP	375.55	0.0093	get 0.0012% / 1h	20m 32s	$492K	$110K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado 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 NadobpOrdersPrice spread, now −0.083%Rate

Funding earned: $19.56
Price spread: −0.083% → −0.056%: −$2.71
Slippage, 4 orders: −$20.06
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$21.21
Costs to cover: 0.381%
Break-even: 14.6 days

Slippage from Bybit: live order book, 3 min ago; Nado: live order book, 57 min ago.

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	0.27 bp	8.1 bp −$8	13.4 bp −$134	168.3 bp −$16.8K	doesn't fit
Sell Nado live order book, 57 min ago	4.40 bp	14.3 bp −$14	24.1 bp −$241	doesn't fit	doesn't fit

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	−0.0424%	4h	375.55	−0.083%	$397K	$1.0M	10x	as long as short
Aster TSLAUSDT	0.0000%	8h	375.55	−0.083%	$584K	$191K	50x	as long as short
Extended TSLA_24_5-USD	0.0000%	1h	375.65	−0.056%	$478K	$10.6M	10x	as long as short
Binance TSLAUSDT	0.0000%	8h	375.72	−0.037%	$46.9M	$110.1M	25x	as long as short
Bybit TSLAUSDTlong	0.0000%	8h	375.86	long leg	$10.2M	$15.4M	100x
OKX TSLA-USDT-SWAP	0.0000%	8h	375.68	−0.048%	$11.2M	$16.8M	25x	as long as short
Gate TSLA_USDT	0.0000%	8h	375.72	−0.037%	$2.3M	$4.1M	100x	as long as short
Bitget TSLAUSDT	0.0000%	8h	375.57	−0.077%	$16.7M	$22.6M	100x	as long as short
Variational Omni TSLA	0.0000%	8h	375.67	−0.049%	$1.9M	$1.3M	—	as long as short
StandX TSLA-USD	0.0000%	1h	375.70	−0.043%	$199K	$893K	20x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bullet TSLA-USD	0.0000%	1h	375.71	−0.040%	$5K	$90K	10x	as long as short
Deribit TSLA_USDC-PERPETUAL	0.0000%	1h	375.61	−0.067%	$20K	$187K	10x	as long as short
Phemex TSLAUSDT	0.0000%	4h	375.61	−0.067%	$1.1M	$13K	10x	as long as short
BloFin TSLA-USDT	0.0000%	8h	375.72	−0.037%	$569K	$341K	20x	as long as short
Hotstuff TSLA-PERP	+0.0008%	1h	375.42	−0.117%	$34K	—	20x	as long as short
Aftermath Perps TSLAUSD	+0.0009%	1h	375.52	−0.091%	$38K	$47K	10x	as long as short
QFEX TSLA-USD	+0.0031%	1h	375.62	−0.064%	$1.2M	$7.2M	10x	as long as short
Lighter TSLA	+0.0032%	1h	375.66	−0.053%	$652K	$3.3M	20x	as long as short
Lighter RH TSLA	+0.0032%	1h	375.70	−0.043%	$1.2M	$2.6M	20x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	375.62	−0.064%	—	$133K	25x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	375.47	−0.104%	$44.2M	$14.7M	20x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	375.58	−0.074%	$297K	$307K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	375.63	−0.061%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	375.54	−0.085%	$1.6M	$1.0M	10x	as long as short
Arcus TSLA-USD	+0.0083%	1h	375.50	−0.096%	$165K	$96K	10x	as long as short
RISEx TSLA/USDC	+0.0085%	1h	375.78	−0.021%	$255K	$577K	20x	as long as short
Nado TSLA-PERPshort	+0.0093%	1h	375.55	−0.083%	$492K	$110K	20x
Pacifica TSLA	+0.0100%	1h	375.66	−0.053%	$389K	$38K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	375.53	−0.088%	$1.5M	$160K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	375.51	−0.093%	$4K	$62K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	375.52	−0.090%	$41K	$21K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	375.66	−0.053%	$744	—	10x	as long as short
Coinbase International TSLA-PERP-INTX	+0.0120%	1h	375.11	−0.200%	$529K	$328K	10x	as long as short
GRVT TSLA_USDT_Perp	+0.0144%	8h	375.68	−0.049%	$845K	$2.7M	10x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	376.62	+0.202%	$78K	$36K	30x	as long as short
Phoenix TSLA	+0.0362%	1h	375.59	−0.072%	$1.3M	$547K	20x	as long as short