Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0028%/8h= +3.1% APRpaid last 24h +0.012%

Price spread now: Coinbase International against KuCoin+0.005%51s7-day average −0.061% · you sell dearer than you buy

Net, funding: paid 7d − costs−$141as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$1431.428% of the position

Long on KuCoin Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days+0.021%+$2 on $10k

Price spread, last 3 days (all we have)−0.102%−$10 · spread now +0.005%, 7d avg −0.061%

Together, before fees−0.081%−$8 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Coinbase International is 0.066% dearer against KuCoin than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.061%. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin TSLAUSDTM	375.09	0.0100	pay 0.0100% / 8h	1h 48m	$1.5M	$159K	20x
Short	Coinbase International TSLA-PERP-INTX	375.11	0.0128	get 0.0016% / 1h	48m 19s	$529K	$332K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International 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 Coinbase InternationalbpOrdersPrice spread, now +0.005%Rate

Funding earned: $5.88
Price spread: +0.005% → −0.061%: $6.62
Slippage, 4 orders: −$120.8
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$130.3
Costs to cover: 1.428%
Break-even: 162.1 days

Slippage from KuCoin: live order book, 2 min ago; Coinbase International: live order book, 35 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, 2 min ago	3.20 bp	79.9 bp −$80	doesn't fit	doesn't fit	doesn't fit
Sell Coinbase International live order book, 35 min ago	2.80 bp	9.1 bp −$9	12.7 bp −$127	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	−0.0154%	4h	375.26	+0.046%	$397K	$1.0M	10x	as long as short
BloFin TSLA-USDT	−0.0005%	8h	375.29	+0.053%	$570K	$341K	20x	as long as short
Aster TSLAUSDT	0.0000%	8h	375.12	+0.008%	$584K	$192K	50x	as long as short
Extended TSLA_24_5-USD	0.0000%	1h	375.12	+0.009%	$477K	$10.6M	10x	as long as short
Binance TSLAUSDT	0.0000%	8h	375.18	+0.024%	$46.9M	$110.0M	25x	as long as short
Bybit TSLAUSDT	0.0000%	8h	375.37	+0.075%	$10.2M	$15.4M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	375.17	+0.021%	$11.2M	$16.8M	25x	as long as short
RISEx TSLA/USDC	0.0000%	1h	375.40	+0.084%	$175K	$529K	20x	as long as short
Gate TSLA_USDT	0.0000%	8h	375.24	+0.040%	$2.3M	$4.1M	100x	as long as short
Bitget TSLAUSDT	0.0000%	8h	375.18	+0.024%	$16.6M	$22.5M	100x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni TSLA	0.0000%	8h	375.27	+0.049%	$1.8M	$1.1M	—	as long as short
StandX TSLA-USD	0.0000%	1h	375.36	+0.072%	$199K	$900K	20x	as long as short
Deribit TSLA_USDC-PERPETUAL	0.0000%	1h	375.12	+0.008%	$20K	$186K	10x	as long as short
Phemex TSLAUSDT	0.0000%	4h	375.31	+0.059%	$1.1M	$13K	10x	as long as short
Aftermath Perps TSLAUSD	+0.0014%	1h	375.15	+0.017%	$38K	$49K	10x	as long as short
Bullet TSLA-USD	+0.0025%	1h	375.22	+0.035%	$5K	$90K	10x	as long as short
QFEX TSLA-USD	+0.0030%	1h	375.23	+0.037%	$1.2M	$7.1M	10x	as long as short
Lighter TSLA	+0.0032%	1h	375.27	+0.048%	$648K	$3.3M	20x	as long as short
Lighter RH TSLA	+0.0032%	1h	375.30	+0.056%	$1.2M	$2.6M	20x	as long as short
Arcus TSLA-USD	+0.0040%	1h	375.18	+0.024%	$153K	$84K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	375.22	+0.035%	—	$133K	25x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	375.01	−0.021%	$43.5M	$14.2M	20x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	375.07	−0.005%	$297K	$292K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	375.30	+0.056%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	375.10	+0.003%	$1.6M	$1.0M	10x	as long as short
Nado TSLA-PERP	+0.0051%	1h	375.13	+0.011%	$484K	$90K	20x	as long as short
Hotstuff TSLA-PERP	+0.0064%	1h	375.13	+0.011%	$34K	—	20x	as long as short
Pacifica TSLA	+0.0100%	1h	375.11	+0.006%	$389K	$38K	10x	as long as short
KuCoin TSLAUSDTMlong	+0.0100%	8h	375.09	long leg	$1.5M	$159K	20x
ApeX Omni TSLAUSDT	+0.0100%	1h	375.15	+0.016%	$4K	$62K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	375.09	0.000%	$41K	$20K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	375.18	+0.025%	$743	—	10x	as long as short
GRVT TSLA_USDT_Perp	+0.0123%	8h	375.35	+0.070%	$848K	$2.9M	10x	as long as short
Coinbase International TSLA-PERP-INTXshort	+0.0128%	1h	375.11	+0.005%	$529K	$332K	10x
Injective TSLA/USDC PERP	+0.0220%	1h	376.36	+0.339%	$78K	$36K	30x	as long as short
Phoenix TSLA	+0.0277%	1h	375.56	+0.125%	$1.3M	$522K	20x	as long as short