Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0048%/8h= −5.3% APRpaid last 24h −0.007%

Price spread now: OKX against Extended+0.015%7-day average +0.058% · you sell dearer than you buy

Net, funding: paid 7d − costs−$27as in the Funding arb table

Net, price: spread back to 7d avg − costs−$27as in the Price arb table

costs, in and out, $10k−$230.228% of the position

Long on Extended Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.038%−$4 on $10k

Price spread, last 7 days+0.055%+$5 · spread now +0.015%, 7d avg +0.058%

Together, before fees+0.016%+ Points / potential airdropExtended: Active · farm board+$2 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 OKX is 0.043% cheaper against Extended than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.058%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended TSLA_24_5-USD	374.76	0.0048	pay 0.0006% / 1h	27m 13s	$478K	$2.7M	10x
Short	OKX TSLA-USDT-SWAP	374.82	0	get 0.0000% / 8h	7h 27m	$11.2M	$16.8M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX against Extended. 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 ExtendedbpFee OKXbpOrdersPrice spread, now +0.015%Rate

Funding earned: −$10.08
Price spread: +0.015% → +0.058%: −$4.26
Slippage, 4 orders: −$7.75
Fee Extended: 2.5 bp × 2 orders: −$5
Fee OKX: 5 bp × 2 orders: −$10
Net: −$37.09
Costs to cover: 0.228%
Break-even: never at this rate

Slippage from Extended: live order book, 1 min ago; OKX: live order book, 1 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 Extended live order book, 1 min ago	0.13 bp	4.1 bp −$4	19.5 bp −$195	doesn't fit	doesn't fit
Sell OKX live order book, 1 min ago	0.13 bp	6.2 bp −$6	10.3 bp −$103	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
Hotstuff TSLA-PERP	−0.1600%	1h	374.33	−0.115%	$34K	—	20x	as long as short
edgeX TSLAUSDC	−0.0541%	4h	375.11	+0.093%	$396K	$1.1M	10x	as long as short
Aster TSLAUSDT	0.0000%	8h	374.94	+0.048%	$572K	$200K	50x	as long as short
Bybit TSLAUSDT	0.0000%	8h	374.90	+0.037%	$10.1M	$15.3M	100x	as long as short
OKX TSLA-USDT-SWAPshort	0.0000%	8h	374.82	+0.015%	$11.2M	$16.8M	25x
Gate TSLA_USDT	0.0000%	8h	374.83	+0.018%	$2.3M	$3.3M	100x	as long as short
Bitget TSLAUSDT	0.0000%	8h	374.82	+0.015%	$17.2M	$23.2M	100x	as long as short
GRVT TSLA_USDT_Perp	0.0000%	8h	374.85	+0.025%	$845K	$2.9M	10x	as long as short
StandX TSLA-USD	0.0000%	1h	374.55	−0.057%	$199K	$943K	20x	as long as short
Phemex TSLAUSDT	0.0000%	4h	375.02	+0.069%	$1.1M	$15K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aftermath Perps TSLAUSD	+0.0029%	1h	374.71	−0.013%	$38K	$36K	10x	as long as short
Variational Omni TSLA	+0.0030%	8h	375.17	+0.110%	$1.7M	$1.4M	—	as long as short
Lighter TSLA	+0.0032%	1h	374.87	+0.029%	$803K	$3.7M	20x	as long as short
Lighter RH TSLA	+0.0032%	1h	374.86	+0.026%	$1.2M	$2.5M	20x	as long as short
Arcus TSLA-USD	+0.0040%	1h	374.65	−0.030%	$134K	$107K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	374.67	−0.025%	—	$126K	25x	as long as short
QFEX TSLA-USD	+0.0048%	1h	374.79	+0.007%	$1.2M	$6.2M	10x	as long as short
Extended TSLA_24_5-USDlong	+0.0048%	1h	374.76	long leg	$478K	$2.7M	10x
Binance TSLAUSDT	+0.0049%	8h	374.96	+0.053%	$47.0M	$115.1M	25x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	374.62	−0.038%	$44.4M	$14.8M	20x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	374.29	−0.126%	$299K	$161K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	374.63	−0.035%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	374.32	−0.118%	$1.5M	$1.1M	10x	as long as short
BloFin TSLA-USDT	+0.0062%	8h	374.96	+0.053%	$581K	$359K	20x	as long as short
Bullet TSLA-USD	+0.0078%	1h	374.81	+0.013%	$6K	$92K	10x	as long as short
Pacifica TSLA	+0.0100%	1h	374.56	−0.054%	$388K	$36K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	374.65	−0.030%	$1.5M	$2.4M	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	374.82	+0.015%	$4K	$62K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	374.75	−0.003%	$41K	$23K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	374.71	−0.013%	$742	—	10x	as long as short
Deribit TSLA_USDC-PERPETUAL	+0.0124%	1h	374.76	−0.001%	$18K	$191K	10x	as long as short
Coinbase International TSLA-PERP-INTX	+0.0160%	1h	374.47	−0.078%	$507K	$363K	10x	as long as short
Nado TSLA-PERP	+0.0173%	1h	374.75	−0.004%	$497K	$117K	20x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	379.64	+1.302%	$79K	$37K	30x	as long as short
RISEx TSLA/USDC	+0.0290%	1h	374.57	−0.051%	$214K	$655K	20x	as long as short
Phoenix TSLA	+0.0404%	1h	374.74	−0.006%	$1.3M	$507K	20x	as long as short