Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0112%/8h= +12.3% APRpaid last 24h −0.113%

Price spread now: Hotstuff against Gate−0.051%7-day average — · you buy dearer than you sell

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

Long on Gate Short on Hotstuff

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropHotstuff: Active · farm boardneeds both histories

Funding pays, the price is against you. Hotstuff is 0.051% cheaper against Gate than usual: you would sell low and buy high (spread −0.051% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 36 hours of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate TSLA_USDT	375.25	0	get 0.0000% / 8h	54m 39s	$2.3M	$4.1M	100x
Short	Hotstuff TSLA-PERP	375.06	0.0112	get 0.0014% / 1h	54m 39s	$34K	—	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hotstuff 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 HotstuffbpOrdersPrice spread, now −0.051%Rate

Funding earned: $23.52
Price spread: −0.051% → 0.000%: −$5.06
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Hotstuff: 2.5 bp × 2 orders: −$5
Net: −$1.54
Costs to cover: 0.200%
Break-even: 7.5 days

Slippage unknown: Gate: live order book, 3 min ago; Hotstuff: 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 Gate live order book, 3 min ago	1.73 bp	13.6 bp −$14	22.8 bp −$228	doesn't fit	doesn't fit
Sell Hotstuff no order-book sample	—	—	—	—	—

Hotstuff: 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
edgeX TSLAUSDC	−0.0912%	4h	375.04	−0.056%	$397K	$1.0M	10x	as long as short
Aster TSLAUSDT	0.0000%	8h	375.29	+0.011%	$584K	$191K	50x	as long as short
Extended TSLA_24_5-USD	0.0000%	1h	375.19	−0.016%	$477K	$10.6M	10x	as long as short
Binance TSLAUSDT	0.0000%	8h	375.26	+0.003%	$46.8M	$110.0M	25x	as long as short
Bybit TSLAUSDT	0.0000%	8h	375.39	+0.037%	$10.2M	$15.4M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	375.31	+0.016%	$11.2M	$16.8M	25x	as long as short
Gate TSLA_USDTlong	0.0000%	8h	375.25	long leg	$2.3M	$4.1M	100x
Bitget TSLAUSDT	0.0000%	8h	375.17	−0.021%	$16.7M	$22.6M	100x	as long as short
Variational Omni TSLA	0.0000%	8h	375.04	−0.056%	$1.8M	$1.2M	—	as long as short
StandX TSLA-USD	0.0000%	1h	375.25	0.000%	$199K	$899K	20x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit TSLA_USDC-PERPETUAL	0.0000%	1h	375.16	−0.024%	$20K	$187K	10x	as long as short
Phemex TSLAUSDT	0.0000%	4h	375.20	−0.013%	$1.1M	$13K	10x	as long as short
BloFin TSLA-USDT	+0.0010%	8h	375.24	−0.003%	$523K	$341K	20x	as long as short
Aftermath Perps TSLAUSD	+0.0014%	1h	374.92	−0.088%	$38K	$48K	10x	as long as short
Nado TSLA-PERP	+0.0017%	1h	375.19	−0.015%	$485K	$90K	20x	as long as short
QFEX TSLA-USD	+0.0031%	1h	375.20	−0.013%	$1.2M	$7.2M	10x	as long as short
Lighter TSLA	+0.0032%	1h	375.24	−0.003%	$653K	$3.3M	20x	as long as short
Lighter RH TSLA	+0.0032%	1h	375.27	+0.005%	$1.2M	$2.5M	20x	as long as short
Bullet TSLA-USD	+0.0039%	1h	375.25	0.000%	$5K	$91K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	375.22	−0.008%	—	$133K	25x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	375.06	−0.051%	$44.1M	$14.5M	20x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	375.11	−0.037%	$297K	$292K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	375.17	−0.021%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	374.85	−0.107%	$1.6M	$1.0M	10x	as long as short
Arcus TSLA-USD	+0.0083%	1h	375.15	−0.027%	$153K	$84K	10x	as long as short
RISEx TSLA/USDC	+0.0085%	1h	375.35	+0.025%	$185K	$536K	20x	as long as short
Pacifica TSLA	+0.0100%	1h	375.12	−0.035%	$389K	$38K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	375.07	−0.048%	$1.5M	$160K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	374.95	−0.080%	$4K	$62K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	375.07	−0.048%	$41K	$21K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	375.18	−0.018%	$743	—	10x	as long as short
Hotstuff TSLA-PERPshort	+0.0112%	1h	375.06	−0.051%	$34K	—	20x
Coinbase International TSLA-PERP-INTX	+0.0120%	1h	375.11	−0.037%	$529K	$328K	10x	as long as short
GRVT TSLA_USDT_Perp	+0.0123%	8h	375.27	+0.005%	$842K	$2.7M	10x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	376.07	+0.219%	$78K	$36K	30x	as long as short
Phoenix TSLA	+0.0277%	1h	375.21	−0.011%	$1.3M	$547K	20x	as long as short