Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0055%/8h= −6.0% APRpaid last 24h +0.066%

Price spread now: BloFin against Hotstuff+0.114%7-day average — · you sell dearer than you buy

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

Long on Hotstuff Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 4 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

The price spread pays, funding is against you. BloFin is 0.114% dearer against Hotstuff than usual: you sell high and buy low (spread +0.114% now, against zero (this spread has no 7-day history yet)): +$11 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 7.0 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hotstuff TSLA-PERP	375.70	0.0072	pay 0.0009% / 1h	34m 17s	$34K	—	20x
Short	BloFin TSLA-USDT	376.13	0.0017	get 0.0017% / 8h	2h 34m	$577K	$354K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Hotstuff. 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 HotstuffbpFee BloFinbpOrdersPrice spread, now +0.114%Rate

Funding earned: −$11.45
Price spread: +0.114% → 0.000%: $11.45
Slippage, 4 orders: no order book: not counted
Fee Hotstuff: 2.5 bp × 2 orders: −$5
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$17
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: Hotstuff: no order-book sample; BloFin: live order book, 57 min ago. 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 Hotstuff no order-book sample	—	—	—	—	—
Sell BloFin live order book, 57 min ago	0.13 bp	7.2 bp −$7	9.3 bp −$93	22.3 bp −$2,232	doesn't fit

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	−0.0613%	4h	376.05	+0.094%	$398K	$1.0M	10x	as long as short
Aster TSLAUSDT	0.0000%	8h	376.19	+0.130%	$575K	$198K	50x	as long as short
Extended TSLA_24_5-USD	0.0000%	1h	375.92	+0.059%	$479K	$2.7M	10x	as long as short
Binance TSLAUSDT	0.0000%	8h	376.01	+0.083%	$47.0M	$112.7M	25x	as long as short
Bybit TSLAUSDT	0.0000%	8h	375.91	+0.056%	$10.2M	$15.4M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	375.89	+0.051%	$11.2M	$16.9M	25x	as long as short
Bitget TSLAUSDT	0.0000%	8h	375.93	+0.061%	$17.1M	$22.7M	100x	as long as short
Variational Omni TSLA	0.0000%	8h	376.08	+0.100%	$1.9M	$1.3M	—	as long as short
StandX TSLA-USD	0.0000%	1h	376.16	+0.122%	$200K	$917K	20x	as long as short
Phemex TSLAUSDT	0.0000%	4h	376.10	+0.106%	$1.1M	$14K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate TSLA_USDT	+0.0016%	8h	375.99	+0.077%	$2.3M	$3.5M	100x	as long as short
BloFin TSLA-USDTshort	+0.0017%	8h	376.13	+0.114%	$577K	$354K	20x
Aftermath Perps TSLAUSD	+0.0024%	1h	376.03	+0.087%	$38K	$39K	10x	as long as short
Lighter RH TSLA	+0.0032%	1h	375.90	+0.053%	$1.2M	$2.6M	20x	as long as short
Arcus TSLA-USD	+0.0040%	1h	375.78	+0.021%	$135K	$107K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	375.99	+0.077%	—	$128K	25x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	375.74	+0.011%	$44.5M	$14.7M	20x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	375.86	+0.043%	$300K	$307K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	376.06	+0.096%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	375.67	−0.008%	$1.6M	$1.1M	10x	as long as short
QFEX TSLA-USD	+0.0052%	1h	376.03	+0.088%	$1.2M	$6.2M	10x	as long as short
RISEx TSLA/USDC	+0.0054%	1h	376.03	+0.088%	$289K	$580K	20x	as long as short
Hotstuff TSLA-PERPlong	+0.0072%	1h	375.70	long leg	$34K	—	20x
Pacifica TSLA	+0.0100%	1h	375.82	+0.032%	$390K	$37K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	375.85	+0.040%	$1.5M	$105K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	375.76	+0.016%	$4K	$62K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	376.00	+0.080%	$41K	$23K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	375.95	+0.065%	$744	—	10x	as long as short
Coinbase International TSLA-PERP-INTX	+0.0112%	1h	376.13	+0.114%	$511K	$337K	10x	as long as short
Lighter TSLA	+0.0152%	1h	375.93	+0.061%	$832K	$3.7M	20x	as long as short
GRVT TSLA_USDT_Perp	+0.0155%	8h	376.12	+0.113%	$842K	$2.8M	10x	as long as short
Deribit TSLA_USDC-PERPETUAL	+0.0176%	1h	375.93	+0.061%	$18K	$193K	10x	as long as short
Bullet TSLA-USD	+0.0186%	1h	376.02	+0.085%	$5K	$89K	10x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	379.63	+1.046%	$79K	$36K	30x	as long as short
Nado TSLA-PERP	+0.0269%	1h	375.83	+0.034%	$489K	$112K	20x	as long as short
Phoenix TSLA	+0.0298%	1h	376.10	+0.106%	$1.3M	$528K	20x	as long as short