Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0040%/8h= +4.4% APRpaid last 24h +0.034%

Price spread now: Gate against Coinbase International+0.021%7-day average +0.125% · you sell dearer than you buy

Net, funding: paid 7d − costs−$45as in the Funding arb table

Net, price: spread back to 7d avg − costs−$55as in the Price arb table

costs, in and out, $10k−$440.441% of the position

Long on Coinbase International Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.011%−$1 on $10k

Price spread, last 3 days (all we have)+0.120%+$12 · spread now +0.021%, 7d avg +0.125%

Together, before fees+0.109%+$11 on $10k · with fees, hour by hour

Funding pays, the price is against you. Gate is 0.104% cheaper against Coinbase International than usual: you would sell low and buy high (spread +0.021% now, against its 7-day average of +0.125%). If the spread goes back, that is −$10 on $10k: about 8.7 days of funding at the current rate (+$1 a day).

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	25m 38s	$513K	$329K	10x
Short	Gate TSLA_USDT	377.41	0.0024	get 0.0024% / 8h	6h 25m	$2.3M	$3.8M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now +0.021%Rate

Funding earned: $8.4
Price spread: +0.021% → +0.125%: −$10.4
Slippage, 4 orders: −$19.1
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$46.1
Costs to cover: 0.441%
Break-even: 45.4 days

Slippage from Coinbase International: live order book, 42 min ago; Gate: live order book, 2 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, 42 min ago	2.26 bp	7.7 bp −$8	10.0 bp −$100	doesn't fit	doesn't fit
Sell Gate live order book, 2 min ago	1.32 bp	13.9 bp −$14	26.7 bp −$267	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	−0.0365%	4h	377.63	+0.081%	$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	377.31	−0.004%	$578K	$196K	50x	as long as short
Extended TSLA_24_5-USD	0.0000%	1h	377.29	−0.012%	$481K	$9.8M	10x	as long as short
Binance TSLAUSDT	0.0000%	8h	377.38	+0.012%	$47.3M	$110.6M	25x	as long as short
Bybit TSLAUSDT	0.0000%	8h	377.47	+0.037%	$10.3M	$15.6M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	377.35	+0.005%	$11.2M	$16.8M	25x	as long as short
RISEx TSLA/USDC	0.0000%	1h	377.43	+0.027%	$290K	$598K	20x	as long as short
Bitget TSLAUSDT	0.0000%	8h	377.30	−0.008%	$17.0M	$22.9M	100x	as long as short
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	377.35	+0.005%	$6K	$92K	10x	as long as short
Deribit TSLA_USDC-PERPETUAL	0.0000%	1h	377.26	−0.019%	$20K	$187K	10x	as long as short
Phemex TSLAUSDT	0.0000%	4h	377.40	+0.019%	$1.1M	$15K	10x	as long as short
Aftermath Perps TSLAUSD	+0.0011%	1h	377.25	−0.020%	$38K	$45K	10x	as long as short
QFEX TSLA-USD	+0.0023%	1h	377.29	−0.011%	$1.2M	$6.7M	10x	as long as short
Gate TSLA_USDTshort	+0.0024%	8h	377.41	+0.021%	$2.3M	$3.8M	100x
Lighter TSLA	+0.0032%	1h	377.37	+0.011%	$824K	$3.6M	20x	as long as short
Lighter RH TSLA	+0.0032%	1h	377.39	+0.016%	$1.2M	$2.6M	20x	as long as short
GRVT TSLA_USDT_Perp	+0.0036%	8h	377.49	+0.043%	$851K	$2.8M	10x	as long as short
Arcus TSLA-USD	+0.0040%	1h	377.29	−0.011%	$163K	$93K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	377.33	0.000%	—	$130K	25x	as long as short
Hotstuff TSLA-PERP	+0.0048%	1h	377.09	−0.064%	$34K	—	20x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	377.11	−0.058%	$44.3M	$14.1M	20x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	377.13	−0.053%	$301K	$311K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	377.33	0.000%	$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
Pacifica TSLA	+0.0100%	1h	377.28	−0.013%	$391K	$37K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	377.04	−0.077%	$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	377.25	−0.022%	$747	—	10x	as long as short
Nado TSLA-PERP	+0.0113%	1h	377.14	−0.051%	$490K	$112K	20x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	378.37	+0.276%	$79K	$36K	30x	as long as short
Phoenix TSLA	+0.0255%	1h	377.69	+0.095%	$1.3M	$539K	20x	as long as short