Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0621%/8h= +68.0% APRpaid last 24h +0.195%

Price spread now: StandX against edgeX−0.014%63s7-day average +0.034% · you buy dearer than you sell

Net, funding: paid 7d − costs−$29as 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−$340.340% of the position

Long on edgeX Short on StandX

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+0.060%+$6 · spread now −0.014%, 7d avg +0.034%

Together, before fees+0.110%+ Points / potential airdropedgeX: Active · StandX: Active · farm board+$11 on $10k · with fees, hour by hour

Funding pays, the price is against you. StandX is 0.048% cheaper against edgeX than usual: you would sell low and buy high (spread −0.014% now, against its 7-day average of +0.034%). If the spread goes back, that is −$5 on $10k: about 6 hours of funding at the current rate (+$19 a day). At the pace of the last 7 days (+0.050% in total) that is about 6.7 days. The two prices were read 63 seconds apart, so part of this spread may be the market moving, not a spread.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.050% in total (about 2.6% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX TSLAUSDC	375.88	−0.0621	get 0.0310% / 4h	2h 27m	$398K	$1.0M	10x
Short	StandX TSLA-USD	375.83	0	get 0.0000% / 1h	27m 46s	$199K	$917K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

StandX 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 StandXbpOrdersPrice spread, now −0.014%Rate

Funding earned: $130.4
Price spread: −0.014% → +0.034%: −$4.78
Slippage, 4 orders: −$16.98
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee StandX: 4 bp × 2 orders: −$8
Net: $91.63
Costs to cover: 0.340%
Break-even: 2.1 days

Slippage from edgeX: live order book, 1 min ago; StandX: live order book, 21 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, 1 min ago	4.26 bp	9.0 bp −$9	11.9 bp −$119	doesn't fit	doesn't fit
Sell StandX live order book, 21 min ago	2.92 bp	7.9 bp −$8	12.3 bp −$123	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	−0.0621%	4h	375.88	long leg	$398K	$1.0M	10x
Aster TSLAUSDT	0.0000%	8h	375.82	−0.017%	$575K	$198K	50x	as long as short
Extended TSLA_24_5-USD	0.0000%	1h	375.61	−0.071%	$479K	$2.7M	10x	as long as short
Binance TSLAUSDT	0.0000%	8h	375.71	−0.046%	$47.0M	$112.8M	25x	as long as short
Bybit TSLAUSDT	0.0000%	8h	375.60	−0.075%	$10.2M	$15.4M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	375.68	−0.054%	$11.2M	$16.9M	25x	as long as short
Bitget TSLAUSDT	0.0000%	8h	375.66	−0.059%	$17.1M	$22.7M	100x	as long as short
Variational Omni TSLA	0.0000%	8h	375.75	−0.036%	$1.9M	$1.3M	—	as long as short
StandX TSLA-USDshort	0.0000%	1h	375.83	−0.014%	$199K	$917K	20x
Deribit TSLA_USDC-PERPETUAL	0.0000%	1h	375.61	−0.072%	$18K	$193K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex TSLAUSDT	0.0000%	4h	375.76	−0.032%	$1.1M	$14K	10x	as long as short
BloFin TSLA-USDT	+0.0006%	8h	375.72	−0.043%	$576K	$353K	20x	as long as short
Gate TSLA_USDT	+0.0009%	8h	375.74	−0.038%	$2.3M	$3.5M	100x	as long as short
Aftermath Perps TSLAUSD	+0.0023%	1h	375.57	−0.083%	$38K	$40K	10x	as long as short
Lighter RH TSLA	+0.0032%	1h	375.64	−0.064%	$1.2M	$2.6M	20x	as long as short
Arcus TSLA-USD	+0.0040%	1h	375.52	−0.096%	$134K	$107K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	375.71	−0.046%	—	$128K	25x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	375.46	−0.112%	$44.4M	$14.8M	20x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	375.63	−0.067%	$300K	$307K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	375.65	−0.062%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	375.39	−0.131%	$1.6M	$1.1M	10x	as long as short
QFEX TSLA-USD	+0.0052%	1h	375.70	−0.048%	$1.2M	$6.2M	10x	as long as short
RISEx TSLA/USDC	+0.0054%	1h	375.76	−0.031%	$217K	$618K	20x	as long as short
Hotstuff TSLA-PERP	+0.0064%	1h	375.45	−0.115%	$34K	—	20x	as long as short
Pacifica TSLA	+0.0100%	1h	375.54	−0.090%	$389K	$37K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	375.58	−0.080%	$1.5M	$107K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	375.68	−0.054%	$4K	$62K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	375.72	−0.043%	$41K	$23K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	375.62	−0.070%	$744	—	10x	as long as short
Coinbase International TSLA-PERP-INTX	+0.0112%	1h	376.13	+0.066%	$511K	$337K	10x	as long as short
Lighter TSLA	+0.0128%	1h	375.65	−0.062%	$829K	$3.7M	20x	as long as short
GRVT TSLA_USDT_Perp	+0.0160%	8h	375.89	+0.002%	$853K	$2.8M	10x	as long as short
Bullet TSLA-USD	+0.0171%	1h	375.72	−0.043%	$4K	$89K	10x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	379.71	+1.018%	$79K	$36K	30x	as long as short
Nado TSLA-PERP	+0.0259%	1h	375.56	−0.086%	$487K	$113K	20x	as long as short
Phoenix TSLA	+0.0298%	1h	375.88	0.000%	$1.3M	$528K	20x	as long as short