Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.016%

Price spread now: tradeXYZ against Bybit−0.106%7-day average −0.088% · you buy dearer than you sell

Net, funding: paid 7d − costs−$22as in the Funding arb table

Net, price: spread back to 7d avg − costs−$37as in the Price arb table

costs, in and out, $10k−$350.348% of the position

Long on Bybit Short on tradeXYZ

What this pair did over the last

the charts below follow

Funding, last 7 days+0.130%+$13 on $10k

Price spread, last 7 days+0.050%+$5 · spread now −0.106%, 7d avg −0.088%

Together, before fees+0.180%+ Points / potential airdroptradeXYZ: Active · farm board+$18 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.088%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit TSLAUSDT	376.30	0	get 0.0000% / 8h	3h 42m	$10.3M	$15.4M	100x
Short	tradeXYZ xyz:TSLA	375.90	0.0050	get 0.0006% / 1h	42m 24s	$44.4M	$14.6M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ 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 tradeXYZbpOrdersPrice spread, now −0.106%Rate

Funding earned: $10.5
Price spread: −0.106% → −0.088%: −$1.82
Slippage, 4 orders: −$5.76
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: −$26.07
Costs to cover: 0.348%
Break-even: 24.4 days

Slippage from Bybit: live order book, 1 min ago; tradeXYZ: live order book, 7 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, 1 min ago	0.27 bp	7.6 bp −$8	10.9 bp −$109	161.1 bp −$16.1K	doesn't fit
Sell tradeXYZ live order book, 7 min ago	0.13 bp	10.1 bp −$10	12.1 bp −$121	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	−0.0441%	4h	376.30	+0.001%	$398K	$1.0M	10x	as long as short
BloFin TSLA-USDT	−0.0028%	8h	376.30	0.000%	$576K	$352K	20x	as long as short
Hotstuff TSLA-PERP	−0.0008%	1h	375.98	−0.085%	$34K	—	20x	as long as short
Aster TSLAUSDT	0.0000%	8h	376.25	−0.013%	$576K	$195K	50x	as long as short
Extended TSLA_24_5-USD	0.0000%	1h	376.09	−0.056%	$480K	$2.7M	10x	as long as short
Binance TSLAUSDT	0.0000%	8h	376.20	−0.028%	$47.3M	$111.1M	25x	as long as short
Bybit TSLAUSDTlong	0.0000%	8h	376.30	long leg	$10.3M	$15.4M	100x
OKX TSLA-USDT-SWAP	0.0000%	8h	376.29	−0.003%	$11.2M	$16.9M	25x	as long as short
RISEx TSLA/USDC	0.0000%	1h	376.26	−0.010%	$290K	$580K	20x	as long as short
Bitget TSLAUSDT	0.0000%	8h	376.23	−0.019%	$17.0M	$22.5M	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	376.34	+0.010%	$1.9M	$1.3M	—	as long as short
StandX TSLA-USD	0.0000%	1h	376.28	−0.005%	$200K	$898K	20x	as long as short
Phemex TSLAUSDT	0.0000%	4h	376.50	+0.053%	$1.1M	$14K	10x	as long as short
Aftermath Perps TSLAUSD	+0.0021%	1h	375.98	−0.086%	$38K	$41K	10x	as long as short
Lighter TSLA	+0.0032%	1h	376.20	−0.027%	$818K	$3.6M	20x	as long as short
Lighter RH TSLA	+0.0032%	1h	376.20	−0.027%	$1.2M	$2.5M	20x	as long as short
QFEX TSLA-USD	+0.0033%	1h	376.18	−0.032%	$1.2M	$6.4M	10x	as long as short
Gate TSLA_USDT	+0.0034%	8h	376.22	−0.021%	$2.3M	$3.5M	100x	as long as short
Arcus TSLA-USD	+0.0040%	1h	376.03	−0.072%	$133K	$106K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	376.15	−0.040%	—	$129K	25x	as long as short
tradeXYZ xyz:TSLAshort	+0.0050%	1h	375.90	−0.106%	$44.4M	$14.6M	20x
Polymarket Perps TSLA-USD	+0.0050%	1h	376.05	−0.066%	$300K	$309K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	376.12	−0.048%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	376.12	−0.048%	$1.6M	$1.1M	10x	as long as short
GRVT TSLA_USDT_Perp	+0.0063%	8h	376.35	+0.013%	$842K	$2.8M	10x	as long as short
Coinbase International TSLA-PERP-INTX	+0.0080%	1h	376.45	+0.040%	$512K	$330K	10x	as long as short
Bullet TSLA-USD	+0.0087%	1h	376.23	−0.018%	$5K	$90K	10x	as long as short
Deribit TSLA_USDC-PERPETUAL	+0.0096%	1h	376.08	−0.058%	$20K	$189K	10x	as long as short
Pacifica TSLA	+0.0100%	1h	376.02	−0.075%	$390K	$38K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	376.09	−0.056%	$1.5M	$105K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	376.11	−0.050%	$4K	$62K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	376.08	−0.058%	$41K	$23K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	376.17	−0.034%	$745	—	10x	as long as short
Nado TSLA-PERP	+0.0202%	1h	376.06	−0.063%	$489K	$112K	20x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	377.31	+0.268%	$78K	$36K	30x	as long as short
Phoenix TSLA	+0.0276%	1h	376.38	+0.021%	$1.3M	$540K	20x	as long as short