Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0113%/8h= −12.4% APRpaid last 24h −0.017%

Price spread now: BloFin against Coinbase International+0.045%7-day average +0.106% · you sell dearer than you buy

Net, funding: paid 7d − costs−$29as in the Funding arb table

Net, price: spread back to 7d avg − costs−$36as in the Price arb table

costs, in and out, $10k−$300.297% of the position

Long on Coinbase International Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.006%+$1 on $10k

Price spread, last 4 days (all we have)+0.010%+$1 · spread now +0.045%, 7d avg +0.106%

Together, before fees+0.016%+$2 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and BloFin is 0.061% cheaper against Coinbase International than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.106%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International TSLA-PERP-INTX	375.69	0.0136	pay 0.0017% / 1h	2m 55s	$505K	$350K	10x
Short	BloFin TSLA-USDT	375.86	0.0023	get 0.0023% / 8h	1h 02m	$577K	$355K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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 BloFinbpOrdersPrice spread, now +0.045%Rate

Funding earned: −$23.69
Price spread: +0.045% → +0.106%: −$6.08
Slippage, 4 orders: −$7.69
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$59.46
Costs to cover: 0.297%
Break-even: never at this rate

Slippage from Coinbase International: live order book, 40 min ago; BloFin: live order book, 18 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, 40 min ago	2.66 bp	7.9 bp −$8	9.7 bp −$97	doesn't fit	doesn't fit
Sell BloFin live order book, 18 min ago	0.53 bp	6.7 bp −$7	8.8 bp −$88	20.9 bp −$2,088	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	−0.0603%	4h	375.73	+0.011%	$397K	$1.0M	10x	as long as short
Aster TSLAUSDT	0.0000%	8h	375.97	+0.075%	$574K	$200K	50x	as long as short
Bybit TSLAUSDT	0.0000%	8h	375.82	+0.035%	$10.2M	$15.3M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	375.85	+0.043%	$11.2M	$16.9M	25x	as long as short
Hotstuff TSLA-PERP	0.0000%	1h	375.56	−0.035%	$34K	—	20x	as long as short
Gate TSLA_USDT	0.0000%	8h	375.90	+0.056%	$2.3M	$3.5M	100x	as long as short
Bitget TSLAUSDT	0.0000%	8h	375.83	+0.037%	$17.2M	$22.7M	100x	as long as short
Variational Omni TSLA	0.0000%	8h	375.81	+0.032%	$1.9M	$1.3M	—	as long as short
StandX TSLA-USD	0.0000%	1h	375.78	+0.024%	$199K	$918K	20x	as long as short
Phemex TSLAUSDT	0.0000%	4h	375.86	+0.045%	$1.1M	$14K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance TSLAUSDT	+0.0021%	8h	375.91	+0.058%	$47.1M	$113.4M	25x	as long as short
BloFin TSLA-USDTshort	+0.0023%	8h	375.86	+0.045%	$577K	$355K	20x
Extended TSLA_24_5-USD	+0.0024%	1h	375.82	+0.035%	$480K	$2.8M	10x	as long as short
Aftermath Perps TSLAUSD	+0.0030%	1h	375.77	+0.022%	$38K	$37K	10x	as long as short
Lighter RH TSLA	+0.0032%	1h	375.78	+0.024%	$1.3M	$2.5M	20x	as long as short
Arcus TSLA-USD	+0.0040%	1h	375.60	−0.024%	$135K	$108K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	375.70	+0.003%	—	$119K	25x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	375.61	−0.021%	$44.5M	$14.8M	20x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	375.69	0.000%	$300K	$304K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	375.80	+0.029%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	375.43	−0.069%	$1.6M	$1.1M	10x	as long as short
QFEX TSLA-USD	+0.0052%	1h	375.79	+0.027%	$1.2M	$6.2M	10x	as long as short
Pacifica TSLA	+0.0100%	1h	375.56	−0.035%	$389K	$37K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	375.69	0.000%	$1.4M	$334K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	375.59	−0.027%	$4K	$61K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	375.66	−0.008%	$41K	$23K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	375.79	+0.027%	$744	—	10x	as long as short
Coinbase International TSLA-PERP-INTXlong	+0.0136%	1h	375.69	long leg	$505K	$350K	10x
RISEx TSLA/USDC	+0.0138%	1h	375.87	+0.048%	$214K	$644K	20x	as long as short
Lighter TSLA	+0.0184%	1h	375.84	+0.040%	$820K	$3.7M	20x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	379.54	+1.025%	$79K	$37K	30x	as long as short
GRVT TSLA_USDT_Perp	+0.0242%	8h	375.86	+0.045%	$846K	$2.8M	10x	as long as short
Bullet TSLA-USD	+0.0261%	1h	375.84	+0.041%	$6K	$90K	10x	as long as short
Nado TSLA-PERP	+0.0285%	1h	375.54	−0.041%	$488K	$111K	20x	as long as short
Phoenix TSLA	+0.0318%	1h	375.94	+0.067%	$1.3M	$528K	20x	as long as short
Deribit TSLA_USDC-PERPETUAL	+0.0389%	1h	375.74	+0.013%	$18K	$194K	10x	as long as short