Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.030%

Price spread now: Pacifica against Bybit−0.072%48s7-day average −0.061% · you buy dearer than you sell

Net, funding: paid 7d − costs−$18as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$380.384% of the position

Long on Bybit Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 7 days+0.201%+$20 on $10k

Price spread, last 4 days (all we have)−0.024%−$2 · spread now −0.072%, 7d avg −0.061%

Together, before fees+0.178%+ Points / potential airdropPacifica: Active · farm board+$18 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.061%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate. The two prices were read 48 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	375.23	0	get 0.0000% / 8h	2h 24m	$10.2M	$15.6M	100x
Short	Pacifica TSLA	374.96	0.0100	get 0.0013% / 1h	24m 52s	$389K	$37K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica 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 PacificabpOrdersPrice spread, now −0.072%Rate

Funding earned: $21
Price spread: −0.072% → −0.061%: −$1.11
Slippage, 4 orders: −$19.45
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$18.55
Costs to cover: 0.384%
Break-even: 13.2 days

Slippage from Bybit: live order book, 4 min ago; Pacifica: live order book, 63 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, 4 min ago	0.80 bp	8.8 bp −$9	13.8 bp −$138	doesn't fit	doesn't fit
Sell Pacifica live order book, 63 min ago	2.67 bp	13.9 bp −$14	doesn't fit	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	−0.0668%	4h	375.09	−0.038%	$397K	$1.0M	10x	as long as short
BloFin TSLA-USDT	−0.0005%	8h	375.12	−0.029%	$571K	$339K	20x	as long as short
Aster TSLAUSDT	0.0000%	8h	375.04	−0.050%	$588K	$187K	50x	as long as short
Extended TSLA_24_5-USD	0.0000%	1h	375.07	−0.043%	$476K	$10.6M	10x	as long as short
Binance TSLAUSDT	0.0000%	8h	375.12	−0.029%	$46.9M	$109.9M	25x	as long as short
Bybit TSLAUSDTlong	0.0000%	8h	375.23	long leg	$10.2M	$15.6M	100x
OKX TSLA-USDT-SWAP	0.0000%	8h	375.08	−0.040%	$11.2M	$16.8M	25x	as long as short
Gate TSLA_USDT	0.0000%	8h	375.10	−0.035%	$2.3M	$4.2M	100x	as long as short
Bitget TSLAUSDT	0.0000%	8h	375.07	−0.043%	$16.6M	$22.5M	100x	as long as short
Variational Omni TSLA	0.0000%	8h	375.10	−0.034%	$1.8M	$1.2M	—	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	375.09	−0.037%	$199K	$897K	20x	as long as short
Bullet TSLA-USD	0.0000%	1h	375.09	−0.036%	$5K	$91K	10x	as long as short
Phemex TSLAUSDT	0.0000%	4h	375.10	−0.035%	$1.1M	$13K	10x	as long as short
Nado TSLA-PERP	+0.0001%	1h	374.99	−0.065%	$484K	$90K	20x	as long as short
Aftermath Perps TSLAUSD	+0.0017%	1h	375.02	−0.056%	$38K	$50K	10x	as long as short
Lighter TSLA	+0.0032%	1h	375.06	−0.045%	$647K	$3.4M	20x	as long as short
Lighter RH TSLA	+0.0032%	1h	375.15	−0.021%	$1.2M	$2.7M	20x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	375.12	−0.029%	—	$133K	25x	as long as short
QFEX TSLA-USD	+0.0046%	1h	375.06	−0.045%	$1.2M	$7.1M	10x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	374.93	−0.080%	$43.5M	$14.4M	20x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	374.94	−0.077%	$297K	$292K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	375.07	−0.043%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	374.73	−0.133%	$1.6M	$1.0M	10x	as long as short
Hotstuff TSLA-PERP	+0.0064%	1h	374.95	−0.075%	$34K	—	20x	as long as short
Deribit TSLA_USDC-PERPETUAL	+0.0097%	1h	375.18	−0.013%	$20K	$185K	10x	as long as short
Pacifica TSLAshort	+0.0100%	1h	374.96	−0.072%	$389K	$37K	10x
KuCoin TSLAUSDTM	+0.0100%	8h	375.00	−0.061%	$1.5M	$159K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	375.04	−0.051%	$4K	$62K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	375.01	−0.059%	$41K	$20K	20x	as long as short
RISEx TSLA/USDC	+0.0103%	1h	375.15	−0.020%	$176K	$528K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	375.07	−0.044%	$743	—	10x	as long as short
GRVT TSLA_USDT_Perp	+0.0132%	8h	375.17	−0.017%	$847K	$3.0M	10x	as long as short
Coinbase International TSLA-PERP-INTX	+0.0136%	1h	375.11	−0.032%	$529K	$332K	10x	as long as short
Arcus TSLA-USD	+0.0188%	1h	374.98	−0.067%	$153K	$84K	10x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	376.03	+0.213%	$78K	$36K	30x	as long as short
Phoenix TSLA	+0.0384%	1h	375.35	+0.032%	$1.3M	$458K	20x	as long as short