Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0122%/8h= +13.4% APRpaid last 24h +0.128%

Price spread now: Bitget against edgeX+0.040%64s7-day average +0.041% · you sell dearer than you buy

Net, funding: paid 7d − costs−$28as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$330.328% of the position

Long on edgeX Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.050%+$5 on $10k

Price spread, last 7 days−0.012%−$1 · spread now +0.040%, 7d avg +0.041%

Together, before fees+0.038%+ Points / potential airdropedgeX: Active · farm board+$4 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.041%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate. The two prices were read 64 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX TSLAUSDC	375.19	−0.0122	get 0.0061% / 4h	50m 29s	$397K	$1.0M	10x
Short	Bitget TSLAUSDT	375.34	0	get 0.0000% / 8h	50m 29s	$16.7M	$22.6M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against edgeX. 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 edgeXbpFee BitgetbpOrdersPrice spread, now +0.040%Rate

Funding earned: $25.67
Price spread: +0.040% → +0.041%: −$0.1
Slippage, 4 orders: −$11.84
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$7.26
Costs to cover: 0.328%
Break-even: 9.0 days

Slippage from edgeX: live order book, 3 min ago; Bitget: live order book, 3 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 edgeX live order book, 3 min ago	4.26 bp	9.0 bp −$9	11.8 bp −$118	doesn't fit	doesn't fit
Sell Bitget live order book, 3 min ago	0.53 bp	7.4 bp −$7	10.7 bp −$107	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
edgeX TSLAUSDClong	−0.0122%	4h	375.19	long leg	$397K	$1.0M	10x
Nado TSLA-PERP	−0.0036%	1h	375.30	+0.030%	$485K	$90K	20x	as long as short
BloFin TSLA-USDT	−0.0025%	8h	375.38	+0.050%	$523K	$341K	20x	as long as short
Aster TSLAUSDT	0.0000%	8h	375.29	+0.026%	$584K	$191K	50x	as long as short
Extended TSLA_24_5-USD	0.0000%	1h	375.31	+0.032%	$478K	$10.6M	10x	as long as short
Binance TSLAUSDT	0.0000%	8h	375.39	+0.053%	$46.8M	$109.9M	25x	as long as short
Bybit TSLAUSDT	0.0000%	8h	375.42	+0.061%	$10.2M	$15.4M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	375.46	+0.072%	$11.2M	$16.8M	25x	as long as short
Gate TSLA_USDT	0.0000%	8h	375.37	+0.048%	$2.3M	$4.1M	100x	as long as short
Bitget TSLAUSDTshort	0.0000%	8h	375.34	+0.040%	$16.7M	$22.6M	100x

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni TSLA	0.0000%	8h	375.04	−0.040%	$1.8M	$1.2M	—	as long as short
StandX TSLA-USD	0.0000%	1h	375.39	+0.053%	$199K	$899K	20x	as long as short
Bullet TSLA-USD	0.0000%	1h	375.38	+0.051%	$5K	$91K	10x	as long as short
Deribit TSLA_USDC-PERPETUAL	0.0000%	1h	375.16	−0.008%	$20K	$187K	10x	as long as short
Phemex TSLAUSDT	0.0000%	4h	375.32	+0.034%	$1.1M	$12K	10x	as long as short
Aftermath Perps TSLAUSD	+0.0013%	1h	375.05	−0.037%	$38K	$48K	10x	as long as short
QFEX TSLA-USD	+0.0031%	1h	375.25	+0.016%	$1.2M	$7.2M	10x	as long as short
Lighter TSLA	+0.0032%	1h	375.36	+0.045%	$652K	$3.3M	20x	as long as short
Lighter RH TSLA	+0.0032%	1h	375.38	+0.050%	$1.2M	$2.6M	20x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	375.36	+0.045%	—	$133K	25x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	375.17	−0.006%	$44.1M	$14.6M	20x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	375.16	−0.008%	$297K	$292K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	375.31	+0.032%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	375.10	−0.024%	$1.6M	$1.0M	10x	as long as short
Arcus TSLA-USD	+0.0083%	1h	375.22	+0.008%	$153K	$84K	10x	as long as short
RISEx TSLA/USDC	+0.0085%	1h	375.45	+0.069%	$185K	$536K	20x	as long as short
Pacifica TSLA	+0.0100%	1h	375.25	+0.016%	$389K	$38K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	375.08	−0.030%	$1.5M	$160K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	375.17	−0.006%	$4K	$62K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	375.18	−0.003%	$41K	$21K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	375.29	+0.026%	$743	—	10x	as long as short
Coinbase International TSLA-PERP-INTX	+0.0120%	1h	375.11	−0.022%	$529K	$328K	10x	as long as short
GRVT TSLA_USDT_Perp	+0.0123%	8h	375.32	+0.035%	$842K	$2.7M	10x	as long as short
Hotstuff TSLA-PERP	+0.0152%	1h	375.14	−0.014%	$34K	—	20x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	376.07	+0.234%	$78K	$36K	30x	as long as short
Phoenix TSLA	+0.0362%	1h	375.38	+0.050%	$1.3M	$547K	20x	as long as short