Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0016%/8h= +1.8% APRpaid last 24h −0.024%

Price spread now: Bitget against Coinbase International+0.003%7-day average +0.116% · you sell dearer than you buy

Net, funding: paid 7d − costs−$46as in the Funding arb table

Net, price: spread back to 7d avg − costs−$43as in the Price arb table

costs, in and out, $10k−$320.319% of the position

Long on Coinbase International Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.139%−$14 on $10k

Price spread, last 3 days (all we have)+0.101%+$10 · spread now +0.003%, 7d avg +0.116%

Together, before fees−0.039%−$4 on $10k · with fees, hour by hour

Funding pays, the price is against you. Bitget is 0.114% cheaper against Coinbase International than usual: you would sell low and buy high (spread +0.003% now, against its 7-day average of +0.116%). If the spread goes back, that is −$11 on $10k: about 24 days of funding at the current rate ($0 a day). Mind the row above: over the last 7 days funding on this pair cost −0.139%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International TSLA-PERP-INTX	377.33	−0.0016	get 0.0002% / 1h	24m 32s	$513K	$329K	10x
Short	Bitget TSLAUSDT	377.34	0	get 0.0000% / 8h	6h 24m	$17.0M	$22.9M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Coinbase International. 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 Coinbase InternationalbpFee BitgetbpOrdersPrice spread, now +0.003%Rate

Funding earned: $3.36
Price spread: +0.003% → +0.116%: −$11.35
Slippage, 4 orders: −$9.85
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$39.84
Costs to cover: 0.319%
Break-even: 90.0 days

Slippage from Coinbase International: live order book, 44 min ago; Bitget: live order book, 4 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 Coinbase International live order book, 44 min ago	2.26 bp	7.7 bp −$8	10.0 bp −$100	doesn't fit	doesn't fit
Sell Bitget live order book, 4 min ago	0.66 bp	8.3 bp −$8	12.4 bp −$124	doesn't fit	doesn't fit

TSLA on 35 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	−0.0846%	4h	377.43	+0.026%	$399K	$1.0M	10x	as long as short
Coinbase International TSLA-PERP-INTXlong	−0.0016%	1h	377.33	long leg	$513K	$329K	10x
Aster TSLAUSDT	0.0000%	8h	377.34	+0.003%	$578K	$196K	50x	as long as short
Extended TSLA_24_5-USD	0.0000%	1h	377.35	+0.005%	$481K	$9.8M	10x	as long as short
Binance TSLAUSDT	0.0000%	8h	377.46	+0.034%	$47.3M	$110.6M	25x	as long as short
Bybit TSLAUSDT	0.0000%	8h	377.55	+0.058%	$10.3M	$15.6M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	377.46	+0.034%	$11.2M	$16.8M	25x	as long as short
RISEx TSLA/USDC	0.0000%	1h	377.50	+0.045%	$290K	$598K	20x	as long as short
Bitget TSLAUSDTshort	0.0000%	8h	377.34	+0.003%	$17.0M	$22.9M	100x
Variational Omni TSLA	0.0000%	8h	377.35	+0.006%	$1.9M	$1.4M	—	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
StandX TSLA-USD	0.0000%	1h	377.38	+0.013%	$200K	$909K	20x	as long as short
Bullet TSLA-USD	0.0000%	1h	377.42	+0.024%	$6K	$92K	10x	as long as short
Deribit TSLA_USDC-PERPETUAL	0.0000%	1h	377.20	−0.034%	$20K	$187K	10x	as long as short
Phemex TSLAUSDT	0.0000%	4h	377.43	+0.027%	$1.1M	$15K	10x	as long as short
Aftermath Perps TSLAUSD	+0.0011%	1h	377.24	−0.025%	$38K	$45K	10x	as long as short
QFEX TSLA-USD	+0.0023%	1h	377.38	+0.013%	$1.2M	$6.7M	10x	as long as short
Gate TSLA_USDT	+0.0029%	8h	377.47	+0.037%	$2.3M	$3.8M	100x	as long as short
Lighter TSLA	+0.0032%	1h	377.49	+0.042%	$824K	$3.6M	20x	as long as short
Lighter RH TSLA	+0.0032%	1h	377.51	+0.048%	$1.2M	$2.6M	20x	as long as short
GRVT TSLA_USDT_Perp	+0.0032%	8h	377.45	+0.032%	$848K	$2.8M	10x	as long as short
Arcus TSLA-USD	+0.0040%	1h	377.28	−0.013%	$163K	$93K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	377.37	+0.011%	—	$130K	25x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	377.23	−0.027%	$44.3M	$14.1M	20x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	377.25	−0.021%	$301K	$311K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	377.39	+0.016%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	377.01	−0.085%	$1.5M	$1.1M	10x	as long as short
Hotstuff TSLA-PERP	+0.0080%	1h	377.19	−0.037%	$34K	—	20x	as long as short
Pacifica TSLA	+0.0100%	1h	377.34	+0.003%	$391K	$37K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	377.12	−0.056%	$1.5M	$105K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	377.18	−0.040%	$4K	$61K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	377.40	+0.019%	$41K	$20K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	377.32	−0.004%	$747	—	10x	as long as short
Nado TSLA-PERP	+0.0111%	1h	377.35	+0.006%	$491K	$112K	20x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	378.38	+0.278%	$79K	$36K	30x	as long as short
Phoenix TSLA	+0.0255%	1h	377.56	+0.061%	$1.3M	$539K	20x	as long as short