Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0052%/8h= −5.7% APRpaid last 24h −0.086%

Price spread now: Hotstuff against KuCoin−0.011%7-day average — · you buy dearer than you sell

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

Long on KuCoin Short on Hotstuff

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 sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin TSLAUSDTM	375.95	0.0100	pay 0.0100% / 8h	3h 49m	$1.5M	$105K	20x
Short	Hotstuff TSLA-PERP	375.91	0.0048	get 0.0006% / 1h	49m 03s	$34K	—	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hotstuff 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 HotstuffbpOrdersPrice spread, now −0.011%Rate

Funding earned: −$10.92
Price spread: −0.011% → 0.000%: −$1.06
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Hotstuff: 2.5 bp × 2 orders: −$5
Net: −$28.98
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: KuCoin: live order book, 1 min ago; Hotstuff: no order-book sample. 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 KuCoin live order book, 1 min ago	2.26 bp	26.7 bp −$27	doesn't fit	doesn't fit	doesn't fit
Sell Hotstuff no order-book sample	—	—	—	—	—

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	−0.0036%	4h	376.28	+0.087%	$398K	$1.0M	10x	as long as short
Aster TSLAUSDT	0.0000%	8h	376.05	+0.026%	$576K	$195K	50x	as long as short
Extended TSLA_24_5-USD	0.0000%	1h	375.95	0.000%	$479K	$2.7M	10x	as long as short
Binance TSLAUSDT	0.0000%	8h	376.06	+0.030%	$47.3M	$111.1M	25x	as long as short
Bybit TSLAUSDT	0.0000%	8h	376.09	+0.037%	$10.3M	$15.4M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	376.01	+0.016%	$11.2M	$16.8M	25x	as long as short
RISEx TSLA/USDC	0.0000%	1h	376.13	+0.048%	$289K	$582K	20x	as long as short
Bitget TSLAUSDT	0.0000%	8h	376.00	+0.013%	$17.0M	$22.5M	100x	as long as short
Variational Omni TSLA	0.0000%	8h	376.23	+0.074%	$1.9M	$1.3M	—	as long as short
StandX TSLA-USD	0.0000%	1h	376.22	+0.072%	$200K	$901K	20x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit TSLA_USDC-PERPETUAL	0.0000%	1h	375.91	−0.011%	$20K	$189K	10x	as long as short
Phemex TSLAUSDT	0.0000%	4h	376.28	+0.088%	$1.1M	$14K	10x	as long as short
BloFin TSLA-USDT	+0.0024%	8h	376.09	+0.037%	$576K	$352K	20x	as long as short
Aftermath Perps TSLAUSD	+0.0024%	1h	376.06	+0.029%	$38K	$41K	10x	as long as short
Lighter TSLA	+0.0032%	1h	376.00	+0.013%	$818K	$3.6M	20x	as long as short
Lighter RH TSLA	+0.0032%	1h	376.03	+0.021%	$1.2M	$2.5M	20x	as long as short
QFEX TSLA-USD	+0.0033%	1h	376.03	+0.021%	$1.2M	$6.5M	10x	as long as short
Gate TSLA_USDT	+0.0040%	8h	376.08	+0.035%	$2.3M	$3.5M	100x	as long as short
Arcus TSLA-USD	+0.0040%	1h	376.03	+0.021%	$133K	$106K	10x	as long as short
tradeXYZ xyz:TSLA	+0.0040%	1h	375.75	−0.053%	$44.4M	$14.6M	20x	as long as short
Bullet TSLA-USD	+0.0043%	1h	376.06	+0.030%	$5K	$91K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	376.05	+0.027%	—	$129K	25x	as long as short
Hotstuff TSLA-PERPshort	+0.0048%	1h	375.91	−0.011%	$34K	—	20x
Polymarket Perps TSLA-USD	+0.0050%	1h	375.96	+0.003%	$300K	$309K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	375.97	+0.005%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	375.76	−0.051%	$1.6M	$1.1M	10x	as long as short
GRVT TSLA_USDT_Perp	+0.0057%	8h	376.39	+0.118%	$843K	$2.8M	10x	as long as short
Coinbase International TSLA-PERP-INTX	+0.0080%	1h	376.45	+0.133%	$512K	$330K	10x	as long as short
Pacifica TSLA	+0.0100%	1h	375.93	−0.005%	$390K	$38K	10x	as long as short
KuCoin TSLAUSDTMlong	+0.0100%	8h	375.95	long leg	$1.5M	$105K	20x
ApeX Omni TSLAUSDT	+0.0100%	1h	376.18	+0.061%	$4K	$62K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	376.00	+0.013%	$41K	$23K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	376.01	+0.017%	$745	—	10x	as long as short
Nado TSLA-PERP	+0.0188%	1h	375.91	−0.010%	$489K	$112K	20x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	377.31	+0.362%	$78K	$36K	30x	as long as short
Phoenix TSLA	+0.0276%	1h	376.42	+0.125%	$1.3M	$540K	20x	as long as short