Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment −$0.00 per $10,000 · paid last 24h −0.050%

Price spread now: BloFin against Gate+0.019%78s7-day average −0.013% · you sell dearer than you buy

Net, funding: paid 7d − costs−$39as 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−$400.403% of the position

Long on Gate Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.012%+$1 on $10k

Price spread, last 4 days (all we have)−0.076%−$8 · spread now +0.019%, 7d avg −0.013%

Together, before fees−0.064%−$6 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BloFin is 0.032% dearer against Gate than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.013%. The two prices were read 78 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	Gate TSLA_USDT	375.67	0	get 0.0000% / 8h	1h 31m	$2.3M	$3.5M	100x
Short	BloFin TSLA-USDT	375.74	0.0000	pay 0.0000% / 8h	1h 31m	$578K	$355K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Gate. 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 GatebpFee BloFinbpOrdersPrice spread, now +0.019%Rate

Funding earned: −$0.08
Price spread: +0.019% → −0.013%: $3.18
Slippage, 4 orders: −$13.26
Fee Gate: 7.5 bp × 2 orders: −$15
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$37.16
Costs to cover: 0.403%
Break-even: never at this rate

Slippage from Gate: live order book, 1 min ago; BloFin: live order book, 54 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 Gate live order book, 1 min ago	1.33 bp	11.1 bp −$11	29.4 bp −$294	doesn't fit	doesn't fit
Sell BloFin live order book, 54 min ago	0.27 bp	7.6 bp −$8	9.1 bp −$91	17.7 bp −$1,765	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 TSLAUSDC	−0.0397%	4h	375.74	+0.019%	$397K	$1.0M	10x	as long as short
BloFin TSLA-USDTshort	0.0000%	8h	375.74	+0.019%	$578K	$355K	20x
Aster TSLAUSDT	0.0000%	8h	375.68	+0.002%	$574K	$199K	50x	as long as short
Extended TSLA_24_5-USD	0.0000%	1h	375.56	−0.030%	$481K	$2.7M	10x	as long as short
Binance TSLAUSDT	0.0000%	8h	375.65	−0.004%	$47.1M	$113.4M	25x	as long as short
Bybit TSLAUSDT	0.0000%	8h	375.60	−0.019%	$10.2M	$15.4M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	375.57	−0.027%	$11.2M	$16.9M	25x	as long as short
Gate TSLA_USDTlong	0.0000%	8h	375.67	long leg	$2.3M	$3.5M	100x
Bitget TSLAUSDT	0.0000%	8h	375.57	−0.027%	$17.1M	$22.9M	100x	as long as short
Variational Omni TSLA	0.0000%	8h	375.70	+0.008%	$1.9M	$1.3M	—	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
StandX TSLA-USD	0.0000%	1h	375.68	+0.003%	$199K	$919K	20x	as long as short
Phemex TSLAUSDT	0.0000%	4h	375.70	+0.008%	$1.1M	$14K	10x	as long as short
Aftermath Perps TSLAUSD	+0.0025%	1h	375.62	−0.013%	$38K	$38K	10x	as long as short
Lighter RH TSLA	+0.0032%	1h	375.56	−0.029%	$1.3M	$2.5M	20x	as long as short
Hotstuff TSLA-PERP	+0.0032%	1h	375.35	−0.085%	$34K	—	20x	as long as short
Arcus TSLA-USD	+0.0040%	1h	375.49	−0.048%	$134K	$108K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	375.52	−0.040%	—	$121K	25x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	375.37	−0.080%	$44.5M	$14.8M	20x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	375.56	−0.029%	$300K	$304K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	375.56	−0.029%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	375.30	−0.098%	$1.6M	$1.1M	10x	as long as short
QFEX TSLA-USD	+0.0052%	1h	375.64	−0.008%	$1.2M	$6.2M	10x	as long as short
Pacifica TSLA	+0.0100%	1h	375.51	−0.043%	$389K	$36K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	375.41	−0.069%	$1.4M	$107K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	375.45	−0.059%	$4K	$61K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	375.36	−0.083%	$41K	$23K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	375.59	−0.022%	$744	—	10x	as long as short
Coinbase International TSLA-PERP-INTX	+0.0136%	1h	376.33	+0.176%	$506K	$349K	10x	as long as short
RISEx TSLA/USDC	+0.0138%	1h	375.69	+0.005%	$214K	$643K	20x	as long as short
Lighter TSLA	+0.0152%	1h	375.60	−0.019%	$819K	$3.7M	20x	as long as short
GRVT TSLA_USDT_Perp	+0.0201%	8h	375.85	+0.048%	$846K	$2.8M	10x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	379.57	+1.038%	$79K	$36K	30x	as long as short
Bullet TSLA-USD	+0.0228%	1h	375.66	−0.002%	$5K	$91K	10x	as long as short
Deribit TSLA_USDC-PERPETUAL	+0.0256%	1h	375.52	−0.040%	$18K	$194K	10x	as long as short
Nado TSLA-PERP	+0.0292%	1h	375.37	−0.079%	$488K	$111K	20x	as long as short
Phoenix TSLA	+0.0318%	1h	375.78	+0.029%	$1.3M	$528K	20x	as long as short