Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0081%/8h= +8.8% APRpaid last 24h +0.209%

Price spread now: Ondo Perps against edgeX−0.136%54s7-day average −0.070% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on edgeX Short on Ondo Perps

What this pair did over the last

the charts below follow

Funding, last 7 days+0.150%+$15 on $10k

Price spread, last 7 days+0.205%+$20 · spread now −0.136%, 7d avg −0.070%

Together, before fees+0.355%+ Points / potential airdropedgeX: Active · Ondo Perps: Active · farm board+$35 on $10k · with fees, hour by hour

Funding pays, the price is against you. Ondo Perps is 0.066% cheaper against edgeX than usual: you would sell low and buy high (spread −0.136% now, against its 7-day average of −0.070%). If the spread goes back, that is −$7 on $10k: about 2.7 days of funding at the current rate (+$2 a day). The two prices were read 54 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	375.41	−0.0030	get 0.0015% / 4h	3h 32m	$397K	$1.0M	10x
Short	Ondo Perps TSLA-USD.P	374.90	0.0050	get 0.0006% / 1h	32m 28s	$1.6M	$1.1M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Ondo Perps 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 Ondo PerpsbpOrdersPrice spread, now −0.136%Rate

Funding earned: $16.92
Price spread: −0.136% → −0.070%: −$6.61
Slippage, 4 orders: no order book: not counted
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Net: −$3.69
Costs to cover: 0.140%
Break-even: 8.5 days

Slippage unknown: edgeX: live order book, 6 min ago; Ondo Perps: no order-book sample. Net counts fees only.

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, 6 min ago	4.26 bp	8.9 bp −$9	11.9 bp −$119	doesn't fit	doesn't fit
Sell Ondo Perps no order-book sample	—	—	—	—	—

Ondo Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	375.07	−0.090%	$11.2M	$16.8M	25x	as long as short
Gate TSLA_USDT	0.0000%	8h	375.09	−0.085%	$2.3M	$3.3M	100x	as long as short
Bitget TSLAUSDT	0.0000%	8h	375.01	−0.106%	$17.3M	$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	374.89	−0.138%	$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	+0.0003%	8h	375.31	−0.026%	$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	375.05	−0.096%	$803K	$3.7M	20x	as long as short
Lighter RH TSLA	+0.0032%	1h	375.06	−0.093%	$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	374.83	−0.154%	$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	375.08	−0.088%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.Pshort	+0.0050%	1h	374.90	−0.136%	$1.6M	$1.1M	10x
Bullet TSLA-USD	+0.0060%	1h	375.11	−0.081%	$6K	$92K	10x	as long as short
Binance TSLAUSDT	+0.0061%	8h	375.11	−0.080%	$47.0M	$114.8M	25x	as long as short
Extended TSLA_24_5-USD	+0.0064%	1h	375.02	−0.103%	$481K	$2.7M	10x	as long as short
BloFin TSLA-USDT	+0.0085%	8h	375.08	−0.088%	$580K	$358K	20x	as long as short
Pacifica TSLA	+0.0100%	1h	374.88	−0.141%	$388K	$36K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	375.10	−0.082%	$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