Settings8H · net · $10k
Funding arb · Price arb /

TSLA

RWAall TSLA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%
Price spread now: KuCoin against Gate−0.093%7-day average −0.066% · you buy dearer than you sell
Net, funding: paid 7d − costs−$74as in the Funding arb table
Net, price: spread back to 7d avg − costs−$76as in the Price arb table
costs, in and out, $10k−$740.736% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.007%−$1 on $10k
Price spread, last 7 days−0.039%−$4 · spread now −0.093%, 7d avg −0.066%
Together, before fees−0.046%−$5 on $10k · with fees, hour by hour
Funding pays, the price is against you. KuCoin is 0.027% cheaper against Gate than usual: you would sell low and buy high (spread −0.093% now, against its 7-day average of −0.066%). If the spread goes back, that is −$3 on $10k: about 21 hours of funding at the current rate (+$3 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate TSLA_USDT376.830get 0.0000% / 8h6h 17m$2.3M$3.2M100x
ShortKuCoin TSLAUSDTM376.480.0100get 0.0100% / 8h6h 17m$1.4M$3.3M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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

Funding earned
$21
Price spread: −0.093% → −0.066%
−$2.67
Slippage, 4 orders
−$46.62
Fee Gate: 7.5 bp × 2 orders
−$15
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$55.29
Costs to cover
0.736%
Break-even
25.4 days
Slippage from Gate: live order book, 4 min ago; KuCoin: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 4 min ago1.73 bp10.5 bp −$1020.5 bp −$205doesn't fitdoesn't fit
Sell KuCoin live order book, 3 min ago1.20 bp28.3 bp −$28doesn't fitdoesn't fitdoesn't fit

TSLA on 36 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX TSLAUSDC−0.0419%4h376.73−0.027%$396K$1.1M10xas long as short
Bybit TSLAUSDT0.0000%8h376.82−0.003%$10.1M$14.0M100xas long as short
OKX TSLA-USDT-SWAP0.0000%8h376.82−0.003%$11.3M$15.4M25xas long as short
Gate TSLA_USDTlong0.0000%8h376.83long leg$2.3M$3.2M100x
Bitget TSLAUSDT0.0000%8h376.74−0.024%$17.2M$23.7M100xas long as short
StandX TSLA-USD0.0000%1h376.55−0.074%$200K$958K20xas long as short
Phemex TSLAUSDT0.0000%4h376.80−0.008%$1.1M$14K10xas long as short
Aftermath Perps TSLAUSD+0.0023%1h376.59−0.065%$38K$36K10xas long as short
Lighter RH TSLA+0.0032%1h376.67−0.042%$1.2M$2.5M20xas long as short
Hotstuff TSLA-PERP+0.0040%1h376.44−0.103%$34K20xas long as short
Show all 36 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Arcus TSLA-USD+0.0040%1h376.55−0.074%$132K$85K10xas long as short
Vest TSLA-USD-PERP+0.0046%1h376.64−0.050%$126K25xas long as short
tradeXYZ xyz:TSLA+0.0050%1h376.47−0.096%$44.7M$14.8M20xas long as short
Polymarket Perps TSLA-USD+0.0050%1h376.51−0.085%$300K$144K10xas long as short
SoDEX TSLA-USD+0.0050%1h376.72−0.029%$4K$3K10xas long as short
Ondo Perps TSLA-USD.P+0.0050%1h376.34−0.130%$1.5M$1.1M10xas long as short
QFEX TSLA-USD+0.0053%1h376.68−0.040%$1.3M$6.2M10xas long as short
Deribit TSLA_USDC-PERPETUAL+0.0069%1h376.55−0.074%$18K$191K10xas long as short
Lighter TSLA+0.0088%1h376.69−0.037%$805K$3.7M20xas long as short
Pacifica TSLA+0.0100%1h376.45−0.101%$390K$36K10xas long as short
KuCoin TSLAUSDTMshort+0.0100%8h376.48−0.093%$1.4M$3.3M20x
ApeX Omni TSLAUSDT+0.0100%1h376.51−0.085%$4K$61K50xas long as short
Orderly PERP_TSLA_USDC+0.0100%8h376.50−0.088%$41K$25K20xas long as short
Aevo TSLA-PERP+0.0104%1h376.76−0.018%$74610xas long as short
Coinbase International TSLA-PERP-INTX+0.0120%1h376.58−0.066%$517K$387K10xas long as short
Aster TSLAUSDT+0.0142%8h376.81−0.005%$575K$190K50xas long as short
RISEx TSLA/USDC+0.0175%1h376.83+0.001%$226K$656K20xas long as short
Variational Omni TSLA+0.0180%8h376.75−0.022%$1.7M$1.5Mas long as short
BloFin TSLA-USDT+0.0182%8h376.75−0.021%$584K$367K20xas long as short
Binance TSLAUSDT+0.0199%8h376.80−0.008%$47.2M$115.1M25xas long as short
Bullet TSLA-USD+0.0199%1h376.79−0.010%$6K$94K10xas long as short
Extended TSLA_24_5-USD+0.0200%1h376.69−0.037%$484K$2.7M10xas long as short
Injective TSLA/USDC PERP+0.0220%1h377.30+0.125%$76K$39K30xas long as short
Nado TSLA-PERP+0.0230%1h376.50−0.088%$499K$104K20xas long as short
Phoenix TSLA+0.0297%1h376.78−0.013%$1.3M$502K20xas long as short
GRVT TSLA_USDT_Perp+0.0719%8h376.84+0.003%$849K$2.9M10xas long as short