Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0120%/8h= −13.1% APRpaid last 24h −0.054%

Price spread now: KuCoin against Injective−0.314%7-day average — · you buy dearer than you sell

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

Long on Injective Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.295%−$30 on $10k

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

Together, before fees—needs both histories

Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and KuCoin is 0.314% cheaper against Injective than usual: you would sell low and buy high (−$31 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Injective TSLA/USDC PERP	376.16	0.0220	pay 0.0028% / 1h	4m 48s	$78K	$36K	30x
Short	KuCoin TSLAUSDTM	374.98	0.0100	get 0.0100% / 8h	1h 04m	$1.5M	$160K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Injective. 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 InjectivebpFee KuCoinbpOrdersPrice spread, now −0.314%Rate

Funding earned: −$25.2
Price spread: −0.314% → 0.000%: −$31.37
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$68.59
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: Injective: no order-book sample; KuCoin: live order book, 6 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 Injective no order-book sample	—	—	—	—	—
Sell KuCoin live order book, 6 min ago	2.93 bp	40.3 bp −$40	doesn't fit	doesn't fit	doesn't fit

Injective: 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	−0.0353%	4h	375.04	−0.297%	$397K	$1.0M	10x	as long as short
Aster TSLAUSDT	0.0000%	8h	375.11	−0.279%	$584K	$191K	50x	as long as short
Extended TSLA_24_5-USD	0.0000%	1h	375.08	−0.288%	$477K	$10.6M	10x	as long as short
Binance TSLAUSDT	0.0000%	8h	375.10	−0.283%	$46.8M	$109.9M	25x	as long as short
Bybit TSLAUSDT	0.0000%	8h	375.23	−0.247%	$10.2M	$15.4M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	375.17	−0.263%	$11.2M	$16.8M	25x	as long as short
RISEx TSLA/USDC	0.0000%	1h	375.23	−0.249%	$175K	$529K	20x	as long as short
Gate TSLA_USDT	0.0000%	8h	375.14	−0.271%	$2.3M	$4.2M	100x	as long as short
Bitget TSLAUSDT	0.0000%	8h	375.05	−0.295%	$16.6M	$22.5M	100x	as long as short
Variational Omni TSLA	0.0000%	8h	375.06	−0.291%	$1.8M	$1.2M	—	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	375.10	−0.282%	$199K	$898K	20x	as long as short
Deribit TSLA_USDC-PERPETUAL	0.0000%	1h	375.07	−0.290%	$20K	$186K	10x	as long as short
Phemex TSLAUSDT	0.0000%	4h	375.12	−0.276%	$1.1M	$13K	10x	as long as short
Aftermath Perps TSLAUSD	+0.0015%	1h	374.96	−0.318%	$38K	$48K	10x	as long as short
BloFin TSLA-USDT	+0.0016%	8h	375.19	−0.258%	$523K	$341K	20x	as long as short
QFEX TSLA-USD	+0.0030%	1h	375.09	−0.284%	$1.2M	$7.2M	10x	as long as short
Lighter TSLA	+0.0032%	1h	375.06	−0.292%	$646K	$3.3M	20x	as long as short
Lighter RH TSLA	+0.0032%	1h	375.10	−0.282%	$1.2M	$2.6M	20x	as long as short
Hotstuff TSLA-PERP	+0.0040%	1h	374.95	−0.322%	$34K	—	20x	as long as short
Arcus TSLA-USD	+0.0040%	1h	375.02	−0.303%	$153K	$84K	10x	as long as short
Bullet TSLA-USD	+0.0043%	1h	375.17	−0.263%	$6K	$90K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	375.10	−0.282%	—	$133K	25x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	374.92	−0.330%	$43.5M	$14.0M	20x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	374.98	−0.314%	$297K	$292K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	375.10	−0.282%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	374.94	−0.324%	$1.6M	$1.0M	10x	as long as short
Nado TSLA-PERP	+0.0061%	1h	375.02	−0.302%	$484K	$90K	20x	as long as short
Pacifica TSLA	+0.0100%	1h	374.92	−0.330%	$389K	$38K	10x	as long as short
KuCoin TSLAUSDTMshort	+0.0100%	8h	374.98	−0.314%	$1.5M	$160K	20x
ApeX Omni TSLAUSDT	+0.0100%	1h	374.98	−0.314%	$4K	$62K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	374.99	−0.311%	$41K	$20K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	375.08	−0.286%	$743	—	10x	as long as short
GRVT TSLA_USDT_Perp	+0.0122%	8h	375.27	−0.237%	$847K	$2.7M	10x	as long as short
Coinbase International TSLA-PERP-INTX	+0.0128%	1h	375.11	−0.279%	$529K	$332K	10x	as long as short
Injective TSLA/USDC PERPlong	+0.0220%	1h	376.16	long leg	$78K	$36K	30x
Phoenix TSLA	+0.0277%	1h	375.33	−0.221%	$1.3M	$522K	20x	as long as short