Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0115%/8h= +12.6% APRpaid last 24h +0.209%

Price spread now: BloFin against edgeX−0.088%7-day average +0.012% · you buy dearer than you sell

Net, funding: paid 7d − costs−$9as in the Funding arb table

Net, price: spread back to 7d avg − costs−$41as in the Price arb table

costs, in and out, $10k−$310.313% of the position

Long on edgeX Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.219%+$22 on $10k

Price spread, last 4 days (all we have)−0.009%−$1 · spread now −0.088%, 7d avg +0.012%

Together, before fees+0.210%+ Points / potential airdropedgeX: Active · farm board+$21 on $10k · with fees, hour by hour

Funding pays, the price is against you. BloFin is 0.100% cheaper against edgeX than usual: you would sell low and buy high (spread −0.088% now, against its 7-day average of +0.012%). If the spread goes back, that is −$10 on $10k: about 2.9 days of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX TSLAUSDC	375.41	−0.0030	get 0.0015% / 4h	3h 31m	$397K	$1.0M	10x
Short	BloFin TSLA-USDT	375.08	0.0085	get 0.0085% / 8h	7h 31m	$580K	$358K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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 BloFinbpOrdersPrice spread, now −0.088%Rate

Funding earned: $24.17
Price spread: −0.088% → +0.012%: −$10.03
Slippage, 4 orders: −$10.26
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$17.11
Costs to cover: 0.313%
Break-even: 12.0 days

Slippage from edgeX: live order book, 2 min ago; BloFin: live order book, 45 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, 2 min ago	4.26 bp	8.9 bp −$9	12.1 bp −$121	doesn't fit	doesn't fit
Sell BloFin live order book, 45 min ago	0.40 bp	6.4 bp −$6	8.6 bp −$86	25.9 bp −$2,590	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	−0.1600%	1h	374.82	−0.157%	$34K	—	20x	as long as short
edgeX TSLAUSDClong	−0.0030%	4h	375.41	long leg	$397K	$1.0M	10x
Bybit TSLAUSDT	0.0000%	8h	375.07	−0.090%	$10.2M	$15.3M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	375.14	−0.072%	$11.2M	$16.8M	25x	as long as short
Gate TSLA_USDT	0.0000%	8h	375.10	−0.082%	$2.3M	$3.3M	100x	as long as short
Bitget TSLAUSDT	0.0000%	8h	375.09	−0.085%	$17.2M	$23.1M	100x	as long as short
StandX TSLA-USD	0.0000%	1h	375.22	−0.050%	$199K	$939K	20x	as long as short
Deribit TSLA_USDC-PERPETUAL	0.0000%	1h	374.91	−0.133%	$18K	$191K	10x	as long as short
Phemex TSLAUSDT	0.0000%	4h	375.10	−0.082%	$1.1M	$14K	10x	as long as short
Aster TSLAUSDT	+0.0001%	8h	375.29	−0.033%	$573K	$200K	50x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT TSLA_USDT_Perp	+0.0013%	8h	375.49	+0.021%	$842K	$2.9M	10x	as long as short
Aftermath Perps TSLAUSD	+0.0031%	1h	375.42	+0.004%	$38K	$35K	10x	as long as short
Lighter TSLA	+0.0032%	1h	375.04	−0.098%	$803K	$3.7M	20x	as long as short
Lighter RH TSLA	+0.0032%	1h	375.04	−0.098%	$1.2M	$2.5M	20x	as long as short
Arcus TSLA-USD	+0.0040%	1h	374.93	−0.128%	$134K	$107K	10x	as long as short
Variational Omni TSLA	+0.0042%	8h	375.42	+0.004%	$1.8M	$1.3M	—	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	375.16	−0.066%	—	$126K	25x	as long as short
QFEX TSLA-USD	+0.0048%	1h	375.00	−0.109%	$1.2M	$6.2M	10x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	374.87	−0.144%	$44.5M	$14.7M	20x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	374.85	−0.149%	$299K	$161K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	374.96	−0.120%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	374.79	−0.165%	$1.5M	$1.1M	10x	as long as short
Binance TSLAUSDT	+0.0058%	8h	375.17	−0.064%	$47.1M	$114.8M	25x	as long as short
Bullet TSLA-USD	+0.0060%	1h	375.11	−0.081%	$6K	$92K	10x	as long as short
Extended TSLA_24_5-USD	+0.0064%	1h	375.07	−0.090%	$481K	$2.7M	10x	as long as short
BloFin TSLA-USDTshort	+0.0085%	8h	375.08	−0.088%	$580K	$358K	20x
Pacifica TSLA	+0.0100%	1h	374.89	−0.139%	$388K	$36K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	375.08	−0.088%	$1.5M	$2.3M	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	375.45	+0.011%	$4K	$62K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	375.08	−0.088%	$41K	$23K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	375.01	−0.107%	$743	—	10x	as long as short
Nado TSLA-PERP	+0.0160%	1h	374.98	−0.115%	$497K	$117K	20x	as long as short
Coinbase International TSLA-PERP-INTX	+0.0160%	1h	375.16	−0.066%	$505K	$362K	10x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	379.64	+1.127%	$79K	$37K	30x	as long as short
RISEx TSLA/USDC	+0.0290%	1h	375.14	−0.073%	$214K	$655K	20x	as long as short
Phoenix TSLA	+0.0404%	1h	375.57	+0.043%	$1.3M	$507K	20x	as long as short