Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0060%/8h= −6.5% APRpaid last 24h +0.024%

Price spread now: Arcus against KuCoin+0.040%7-day average −0.032% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$149as in the Price arb table

costs, in and out, $10k−$1571.566% of the position

Long on KuCoin Short on Arcus

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.052%+$5 on $10k

Price spread, last 4 days (all we have)−0.074%−$7 · spread now +0.040%, 7d avg −0.032%

Together, before fees−0.022%−$2 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Arcus is 0.072% dearer against KuCoin than usual: you sell high and buy low (spread +0.040% now, against its 7-day average of −0.032%): +$7 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 4.0 days. Mind the row above: over the last 3 days funding on this pair paid +0.052%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin TSLAUSDTM	376.14	0.0100	pay 0.0100% / 8h	7h 26m	$1.5M	$106K	20x
Short	Arcus TSLA-USD	376.29	0.0040	get 0.0005% / 1h	26m 38s	$163K	$93K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Arcus against KuCoin. 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 KuCoinbpFee ArcusbpOrdersPrice spread, now +0.040%Rate

Funding earned: −$12.54
Price spread: +0.040% → −0.032%: $7.22
Slippage, 4 orders: −$140.09
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Net: −$161.92
Costs to cover: 1.566%
Break-even: never at this rate

Slippage from KuCoin: live order book, 4 min ago; Arcus: live order book, 46 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 KuCoin live order book, 4 min ago	2.26 bp	84.5 bp −$84	doesn't fit	doesn't fit	doesn't fit
Sell Arcus live order book, 46 min ago	3.86 bp	6.4 bp −$6	6.4 bp −$64	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	−0.0822%	4h	376.37	+0.060%	$398K	$1.0M	10x	as long as short
BloFin TSLA-USDT	−0.0014%	8h	376.47	+0.088%	$571K	$339K	20x	as long as short
Aster TSLAUSDT	0.0000%	8h	376.24	+0.027%	$585K	$191K	50x	as long as short
Extended TSLA_24_5-USD	0.0000%	1h	376.39	+0.066%	$477K	$11.4M	10x	as long as short
Binance TSLAUSDT	0.0000%	8h	376.47	+0.088%	$47.0M	$109.4M	25x	as long as short
Bybit TSLAUSDT	0.0000%	8h	376.46	+0.085%	$10.2M	$15.4M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	376.40	+0.069%	$11.2M	$16.8M	25x	as long as short
Gate TSLA_USDT	0.0000%	8h	376.43	+0.077%	$2.4M	$3.9M	100x	as long as short
Bitget TSLAUSDT	0.0000%	8h	376.35	+0.056%	$16.8M	$22.7M	100x	as long as short
Variational Omni TSLA	0.0000%	8h	376.24	+0.026%	$1.9M	$1.3M	—	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	376.48	+0.090%	$200K	$895K	20x	as long as short
Phemex TSLAUSDT	0.0000%	4h	376.44	+0.080%	$1.1M	$13K	10x	as long as short
Aftermath Perps TSLAUSD	+0.0009%	1h	376.14	+0.001%	$38K	$46K	10x	as long as short
QFEX TSLA-USD	+0.0028%	1h	376.38	+0.064%	$1.2M	$7.1M	10x	as long as short
Lighter TSLA	+0.0032%	1h	376.40	+0.069%	$794K	$3.5M	20x	as long as short
Lighter RH TSLA	+0.0032%	1h	376.42	+0.074%	$1.2M	$2.6M	20x	as long as short
Arcus TSLA-USDshort	+0.0040%	1h	376.29	+0.040%	$163K	$93K	10x
Vest TSLA-USD-PERP	+0.0046%	1h	376.37	+0.061%	—	$133K	25x	as long as short
Coinbase International TSLA-PERP-INTX	+0.0048%	1h	375.11	−0.274%	$529K	$307K	10x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	376.20	+0.016%	$44.3M	$14.2M	20x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	376.20	+0.016%	$298K	$308K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	376.40	+0.069%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	376.15	+0.003%	$1.6M	$1.0M	10x	as long as short
RISEx TSLA/USDC	+0.0079%	1h	376.48	+0.091%	$291K	$598K	20x	as long as short
Hotstuff TSLA-PERP	+0.0088%	1h	376.17	+0.008%	$34K	—	20x	as long as short
Pacifica TSLA	+0.0100%	1h	376.29	+0.040%	$390K	$38K	10x	as long as short
KuCoin TSLAUSDTMlong	+0.0100%	8h	376.14	long leg	$1.5M	$106K	20x
ApeX Omni TSLAUSDT	+0.0100%	1h	376.22	+0.021%	$4K	$62K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	376.41	+0.072%	$41K	$20K	20x	as long as short
GRVT TSLA_USDT_Perp	+0.0104%	8h	376.37	+0.061%	$846K	$2.7M	10x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	376.38	+0.064%	$745	—	10x	as long as short
Bullet TSLA-USD	+0.0115%	1h	376.49	+0.094%	$5K	$92K	10x	as long as short
Nado TSLA-PERP	+0.0136%	1h	376.29	+0.039%	$489K	$112K	20x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	377.35	+0.322%	$78K	$36K	30x	as long as short
Phoenix TSLA	+0.0277%	1h	376.49	+0.093%	$1.3M	$547K	20x	as long as short
Deribit TSLA_USDC-PERPETUAL	+0.0361%	1h	376.48	+0.090%	$20K	$186K	10x	as long as short