Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0048%/8h= +5.3% APRpaid last 24h −0.033%

Price spread now: Coinbase International against Gate−0.115%7-day average −0.121% · you buy dearer than you sell

Net, funding: paid 7d − costs−$40as in the Funding arb table

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

costs, in and out, $10k−$420.417% of the position

Long on Gate Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days+0.014%+$1 on $10k

Price spread, last 3 days (all we have)+0.017%+$2 · spread now −0.115%, 7d avg −0.121%

Together, before fees+0.031%+$3 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.121%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate TSLA_USDT	375.54	0	get 0.0000% / 8h	7h 59m	$2.3M	$3.9M	100x
Short	Coinbase International TSLA-PERP-INTX	375.11	0.0048	get 0.0006% / 1h	59m 19s	$529K	$328K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International 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 Coinbase InternationalbpOrdersPrice spread, now −0.115%Rate

Funding earned: $10.08
Price spread: −0.115% → −0.121%: $0.65
Slippage, 4 orders: −$16.71
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$30.99
Costs to cover: 0.417%
Break-even: 28.5 days

Slippage from Gate: live order book, 4 min ago; Coinbase International: live order book, 14 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, 4 min ago	2.26 bp	14.4 bp −$14	21.9 bp −$219	doesn't fit	doesn't fit
Sell Coinbase International live order book, 14 min ago	2.53 bp	8.2 bp −$8	10.6 bp −$106	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 TSLAUSDC	−0.0851%	4h	375.63	+0.024%	$397K	$1.0M	10x	as long as short
Nado TSLA-PERP	−0.0118%	1h	375.41	−0.035%	$491K	$110K	20x	as long as short
BloFin TSLA-USDT	−0.0019%	8h	375.66	+0.032%	$568K	$341K	20x	as long as short
Aster TSLAUSDT	0.0000%	8h	375.41	−0.035%	$584K	$191K	50x	as long as short
Extended TSLA_24_5-USD	0.0000%	1h	375.53	−0.004%	$478K	$10.7M	10x	as long as short
Binance TSLAUSDT	0.0000%	8h	375.59	+0.014%	$46.8M	$110.3M	25x	as long as short
Bybit TSLAUSDT	0.0000%	8h	375.69	+0.040%	$10.1M	$15.5M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	375.66	+0.032%	$11.2M	$16.8M	25x	as long as short
Gate TSLA_USDTlong	0.0000%	8h	375.54	long leg	$2.3M	$3.9M	100x
Bitget TSLAUSDT	0.0000%	8h	375.54	0.000%	$16.7M	$22.6M	100x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni TSLA	0.0000%	8h	375.62	+0.022%	$1.9M	$1.3M	—	as long as short
StandX TSLA-USD	0.0000%	1h	375.68	+0.037%	$199K	$896K	20x	as long as short
Phemex TSLAUSDT	0.0000%	4h	375.75	+0.056%	$1.1M	$13K	10x	as long as short
Aftermath Perps TSLAUSD	+0.0011%	1h	375.51	−0.008%	$38K	$47K	10x	as long as short
QFEX TSLA-USD	+0.0031%	1h	375.33	−0.056%	$1.2M	$7.3M	10x	as long as short
Lighter TSLA	+0.0032%	1h	375.41	−0.035%	$652K	$3.3M	20x	as long as short
Lighter RH TSLA	+0.0032%	1h	375.41	−0.035%	$1.2M	$2.5M	20x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	375.62	+0.021%	—	$133K	25x	as long as short
Coinbase International TSLA-PERP-INTXshort	+0.0048%	1h	375.11	−0.115%	$529K	$328K	10x
tradeXYZ xyz:TSLA	+0.0050%	1h	375.28	−0.069%	$44.2M	$14.7M	20x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	375.28	−0.069%	$297K	$307K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	375.50	−0.011%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	375.33	−0.056%	$1.6M	$1.0M	10x	as long as short
Deribit TSLA_USDC-PERPETUAL	+0.0070%	1h	375.49	−0.013%	$20K	$188K	10x	as long as short
Hotstuff TSLA-PERP	+0.0072%	1h	375.47	−0.019%	$34K	—	20x	as long as short
RISEx TSLA/USDC	+0.0079%	1h	375.56	+0.005%	$254K	$577K	20x	as long as short
Arcus TSLA-USD	+0.0083%	1h	375.52	−0.005%	$165K	$95K	10x	as long as short
Pacifica TSLA	+0.0100%	1h	375.31	−0.061%	$389K	$38K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	375.31	−0.061%	$1.5M	$160K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	375.64	+0.027%	$4K	$62K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	375.51	−0.008%	$41K	$21K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	375.51	−0.009%	$744	—	10x	as long as short
Bullet TSLA-USD	+0.0113%	1h	375.68	+0.036%	$5K	$91K	10x	as long as short
GRVT TSLA_USDT_Perp	+0.0140%	8h	375.77	+0.061%	$849K	$2.7M	10x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	376.19	+0.173%	$78K	$36K	30x	as long as short
Phoenix TSLA	+0.0362%	1h	375.75	+0.056%	$1.3M	$546K	20x	as long as short