Settings8H · net · $10k
Funding arb · Price arb /

TSLA

RWAall TSLA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0030%/8h= −3.3% APRnext payment $0.04 per $10,000 · paid last 24h −0.007%
Price spread now: tradeXYZ against Coinbase International−0.117%7-day average +0.037% · you buy dearer than you sell
Net, funding: paid 7d − costs−$38as in the Funding arb table
Net, price: spread back to 7d avg − costs−$51as in the Price arb table
costs, in and out, $10k−$350.352% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.033%−$3 on $10k
Price spread, last 4 days (all we have)+0.139%+$14 · spread now −0.117%, 7d avg +0.037%
Together, before fees+0.106%+ Points / potential airdroptradeXYZ: Active · farm board+$11 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and tradeXYZ is 0.154% cheaper against Coinbase International than usual: you would sell low and buy high (−$15 if the spread goes back to its 7-day average of +0.037%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International TSLA-PERP-INTX376.450.0080pay 0.0010% / 1h43m 34s$512K$330K10x
ShorttradeXYZ xyz:TSLA376.010.0050get 0.0006% / 1h43m 34s$44.4M$14.6M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

tradeXYZ 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

Funding earned
−$6.3
Price spread: −0.117% → +0.037%
−$15.4
Slippage, 4 orders
−$7.2
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
−$56.9
Costs to cover
0.352%
Break-even
never at this rate
Slippage from Coinbase International: live order book, 10 min ago; tradeXYZ: live order book, 6 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Coinbase International live order book, 10 min ago2.26 bp7.3 bp −$710.3 bp −$103doesn't fitdoesn't fit
Sell tradeXYZ live order book, 6 min ago0.13 bp10.1 bp −$1012.1 bp −$121doesn't fitdoesn't fit

TSLA on 36 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX TSLAUSDC−0.0441%4h376.30−0.039%$398K$1.0M10xas long as short
BloFin TSLA-USDT−0.0016%8h376.32−0.035%$576K$352K20xas long as short
Aster TSLAUSDT0.0000%8h376.39−0.016%$576K$195K50xas long as short
Extended TSLA_24_5-USD0.0000%1h376.21−0.063%$480K$2.7M10xas long as short
Binance TSLAUSDT0.0000%8h376.32−0.035%$47.3M$111.1M25xas long as short
Bybit TSLAUSDT0.0000%8h376.35−0.027%$10.3M$15.4M100xas long as short
OKX TSLA-USDT-SWAP0.0000%8h376.21−0.064%$11.2M$16.8M25xas long as short
RISEx TSLA/USDC0.0000%1h376.36−0.025%$290K$580K20xas long as short
Bitget TSLAUSDT0.0000%8h376.25−0.053%$17.0M$22.5M100xas long as short
Variational Omni TSLA0.0000%8h376.34−0.029%$1.9M$1.3Mas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX TSLA-USD0.0000%1h376.30−0.040%$200K$898K20xas long as short
Phemex TSLAUSDT0.0000%4h376.50+0.013%$1.1M$14K10xas long as short
Aftermath Perps TSLAUSD+0.0022%1h375.96−0.130%$38K$41K10xas long as short
Lighter TSLA+0.0032%1h376.25−0.053%$818K$3.6M20xas long as short
Lighter RH TSLA+0.0032%1h376.26−0.050%$1.2M$2.5M20xas long as short
QFEX TSLA-USD+0.0033%1h376.25−0.053%$1.2M$6.5M10xas long as short
Gate TSLA_USDT+0.0036%8h376.31−0.037%$2.3M$3.5M100xas long as short
Arcus TSLA-USD+0.0040%1h376.03−0.112%$133K$106K10xas long as short
Deribit TSLA_USDC-PERPETUAL+0.0043%1h376.15−0.080%$20K$189K10xas long as short
Vest TSLA-USD-PERP+0.0046%1h376.21−0.064%$129K25xas long as short
tradeXYZ xyz:TSLAshort+0.0050%1h376.01−0.117%$44.4M$14.6M20x
Polymarket Perps TSLA-USD+0.0050%1h376.10−0.093%$300K$309K10xas long as short
SoDEX TSLA-USD+0.0050%1h376.20−0.066%$4K$3K10xas long as short
Ondo Perps TSLA-USD.P+0.0050%1h376.12−0.088%$1.6M$1.1M10xas long as short
GRVT TSLA_USDT_Perp+0.0063%8h376.35−0.027%$842K$2.8M10xas long as short
Bullet TSLA-USD+0.0080%1h376.29−0.043%$5K$90K10xas long as short
Hotstuff TSLA-PERP+0.0080%1h375.97−0.128%$34K20xas long as short
Coinbase International TSLA-PERP-INTXlong+0.0080%1h376.45long leg$512K$330K10x
Pacifica TSLA+0.0100%1h376.10−0.093%$390K$38K10xas long as short
KuCoin TSLAUSDTM+0.0100%8h376.18−0.072%$1.5M$105K20xas long as short
ApeX Omni TSLAUSDT+0.0100%1h376.11−0.090%$4K$62K50xas long as short
Orderly PERP_TSLA_USDC+0.0100%8h376.07−0.101%$41K$23K20xas long as short
Aevo TSLA-PERP+0.0104%1h376.19−0.069%$74510xas long as short
Nado TSLA-PERP+0.0200%1h376.10−0.092%$489K$112K20xas long as short
Injective TSLA/USDC PERP+0.0220%1h377.31+0.228%$78K$36K30xas long as short
Phoenix TSLA+0.0276%1h376.38−0.019%$1.3M$540K20xas long as short