Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0163%/8h= −17.8% APRpaid last 24h −0.223%

Price spread now: edgeX against Coinbase International+0.056%7-day average +0.093% · you sell dearer than you buy

Net, funding: paid 7d − costs−$57as in the Funding arb table

Net, price: spread back to 7d avg − costs−$38as in the Price arb table

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

Long on Coinbase International Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.218%−$22 on $10k

Price spread, last 4 days (all we have)+0.106%+$11 · spread now +0.056%, 7d avg +0.093%

Together, before fees−0.112%+ Points / potential airdropedgeX: Active · farm board−$11 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and edgeX is 0.037% cheaper against Coinbase International than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.093%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International TSLA-PERP-INTX	376.70	0.0120	pay 0.0015% / 1h	59m 00s	$508K	$366K	10x
Short	edgeX TSLAUSDC	376.91	−0.0043	pay 0.0021% / 4h	2h 59m	$397K	$1.1M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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 edgeXbpOrdersPrice spread, now +0.056%Rate

Funding earned: −$34.17
Price spread: +0.056% → +0.093%: −$3.73
Slippage, 4 orders: −$15.75
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$72.65
Costs to cover: 0.348%
Break-even: never at this rate

Slippage from Coinbase International: live order book, 34 min ago; edgeX: live order book, 5 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, 34 min ago	2.80 bp	7.8 bp −$8	10.4 bp −$104	doesn't fit	doesn't fit
Sell edgeX live order book, 5 min ago	4.25 bp	8.9 bp −$9	12.0 bp −$120	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
Hotstuff TSLA-PERP	−0.1576%	1h	376.60	−0.027%	$34K	—	20x	as long as short
edgeX TSLAUSDCshort	−0.0043%	4h	376.91	+0.056%	$397K	$1.1M	10x
Bybit TSLAUSDT	0.0000%	8h	376.86	+0.042%	$10.1M	$15.1M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	376.89	+0.050%	$11.3M	$16.9M	25x	as long as short
Gate TSLA_USDT	0.0000%	8h	376.85	+0.040%	$2.3M	$3.2M	100x	as long as short
Bitget TSLAUSDT	0.0000%	8h	376.88	+0.048%	$17.2M	$23.6M	100x	as long as short
StandX TSLA-USD	0.0000%	1h	376.51	−0.050%	$200K	$967K	20x	as long as short
Phemex TSLAUSDT	0.0000%	4h	376.77	+0.019%	$1.1M	$14K	10x	as long as short
Aftermath Perps TSLAUSD	+0.0022%	1h	376.59	−0.030%	$38K	$36K	10x	as long as short
Lighter RH TSLA	+0.0032%	1h	376.74	+0.011%	$1.2M	$2.5M	20x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Arcus TSLA-USD	+0.0040%	1h	376.77	+0.019%	$132K	$109K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	376.77	+0.019%	—	$126K	25x	as long as short
QFEX TSLA-USD	+0.0048%	1h	376.80	+0.027%	$1.3M	$6.2M	10x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	376.63	−0.019%	$44.7M	$14.9M	20x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	376.76	+0.016%	$300K	$158K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	376.76	+0.016%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	376.61	−0.024%	$1.6M	$1.1M	10x	as long as short
Aster TSLAUSDT	+0.0068%	8h	376.81	+0.029%	$575K	$189K	50x	as long as short
Deribit TSLA_USDC-PERPETUAL	+0.0069%	1h	376.72	+0.005%	$18K	$192K	10x	as long as short
Lighter TSLA	+0.0072%	1h	376.74	+0.011%	$805K	$3.7M	20x	as long as short
BloFin TSLA-USDT	+0.0095%	8h	376.83	+0.035%	$578K	$365K	20x	as long as short
Variational Omni TSLA	+0.0097%	8h	376.90	+0.052%	$1.7M	$1.5M	—	as long as short
Pacifica TSLA	+0.0100%	1h	376.52	−0.049%	$390K	$36K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	376.59	−0.029%	$1.5M	$2.7M	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	376.51	−0.050%	$4K	$62K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	376.51	−0.050%	$41K	$24K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	376.82	+0.032%	$746	—	10x	as long as short
Coinbase International TSLA-PERP-INTXlong	+0.0120%	1h	376.70	long leg	$508K	$366K	10x
Binance TSLAUSDT	+0.0124%	8h	376.90	+0.053%	$47.3M	$115.4M	25x	as long as short
Extended TSLA_24_5-USD	+0.0128%	1h	376.79	+0.025%	$481K	$2.7M	10x	as long as short
Bullet TSLA-USD	+0.0143%	1h	376.91	+0.056%	$6K	$93K	10x	as long as short
RISEx TSLA/USDC	+0.0175%	1h	376.92	+0.058%	$215K	$652K	20x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	379.42	+0.722%	$79K	$37K	30x	as long as short
Nado TSLA-PERP	+0.0226%	1h	376.66	−0.010%	$500K	$111K	20x	as long as short
Phoenix TSLA	+0.0404%	1h	377.07	+0.098%	$1.3M	$493K	20x	as long as short
GRVT TSLA_USDT_Perp	+0.0616%	8h	377.04	+0.091%	$852K	$2.9M	10x	as long as short