Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0045%/8h= +4.9% APRpaid last 24h −0.009%

Price spread now: Nado against KuCoin−0.030%7-day average +0.006% · you buy dearer than you sell

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

Net, price: spread back to 7d avg − costs−$182as in the Price arb table

costs, in and out, $10k−$1791.787% of the position

Long on KuCoin Short on Nado

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.078%−$8 on $10k

Price spread, last 4 days (all we have)−0.214%−$21 · spread now −0.030%, 7d avg +0.006%

Together, before fees−0.293%+ Points / potential airdropNado: Active · farm board−$29 on $10k · with fees, hour by hour

Funding pays, the price is against you. Nado is 0.036% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.030% now, against its 7-day average of +0.006%). If the spread goes back, that is −$4 on $10k: about 2.7 days of funding at the current rate (+$1 a day). Mind the row above: over the last 3 days funding on this pair cost −0.078%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin TSLAUSDTM	377.19	0.0100	pay 0.0100% / 8h	5h 27m	$1.5M	$105K	20x
Short	Nado TSLA-PERP	377.08	0.0145	get 0.0018% / 1h	27m 00s	$490K	$112K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado 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 NadobpOrdersPrice spread, now −0.030%Rate

Funding earned: $9.41
Price spread: −0.030% → +0.006%: −$3.58
Slippage, 4 orders: −$159.74
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$172.91
Costs to cover: 1.787%
Break-even: 135.7 days

Slippage from KuCoin: live order book, 9 min ago; Nado: live order book, 36 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, 9 min ago	3.18 bp	25.9 bp −$26	doesn't fit	doesn't fit	doesn't fit
Sell Nado live order book, 36 min ago	4.51 bp	14.0 bp −$14	31.2 bp −$312	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	−0.0830%	4h	377.36	+0.044%	$399K	$1.0M	10x	as long as short
BloFin TSLA-USDT	−0.0008%	8h	377.33	+0.037%	$577K	$340K	20x	as long as short
Aster TSLAUSDT	0.0000%	8h	377.34	+0.040%	$578K	$196K	50x	as long as short
Extended TSLA_24_5-USD	0.0000%	1h	377.21	+0.004%	$480K	$7.0M	10x	as long as short
Binance TSLAUSDT	0.0000%	8h	377.34	+0.040%	$47.4M	$110.6M	25x	as long as short
Bybit TSLAUSDT	0.0000%	8h	377.39	+0.053%	$10.3M	$15.4M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	377.26	+0.019%	$11.2M	$16.9M	25x	as long as short
RISEx TSLA/USDC	0.0000%	1h	377.25	+0.016%	$290K	$599K	20x	as long as short
Bitget TSLAUSDT	0.0000%	8h	377.24	+0.013%	$17.1M	$22.9M	100x	as long as short
Variational Omni TSLA	0.0000%	8h	377.22	+0.007%	$1.9M	$1.4M	—	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT TSLA_USDT_Perp	0.0000%	8h	377.39	+0.054%	$846K	$2.8M	10x	as long as short
StandX TSLA-USD	0.0000%	1h	377.38	+0.050%	$200K	$910K	20x	as long as short
Deribit TSLA_USDC-PERPETUAL	0.0000%	1h	377.23	+0.011%	$20K	$188K	10x	as long as short
Coinbase International TSLA-PERP-INTX	0.0000%	1h	377.12	−0.019%	$513K	$330K	10x	as long as short
Phemex TSLAUSDT	0.0000%	4h	377.29	+0.027%	$1.1M	$15K	10x	as long as short
Aftermath Perps TSLAUSD	+0.0012%	1h	377.11	−0.020%	$38K	$43K	10x	as long as short
QFEX TSLA-USD	+0.0019%	1h	377.18	−0.003%	$1.2M	$6.6M	10x	as long as short
Hotstuff TSLA-PERP	+0.0024%	1h	376.91	−0.074%	$34K	—	20x	as long as short
Lighter RH TSLA	+0.0032%	1h	377.32	+0.034%	$1.2M	$2.6M	20x	as long as short
Lighter TSLA	+0.0040%	1h	377.36	+0.045%	$819K	$3.6M	20x	as long as short
Arcus TSLA-USD	+0.0040%	1h	377.09	−0.027%	$162K	$96K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	377.27	+0.021%	—	$130K	25x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	377.04	−0.040%	$44.3M	$14.3M	20x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	377.16	−0.008%	$301K	$310K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	377.27	+0.021%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	377.17	−0.005%	$1.5M	$1.1M	10x	as long as short
Bullet TSLA-USD	+0.0067%	1h	377.34	+0.040%	$5K	$92K	10x	as long as short
Pacifica TSLA	+0.0100%	1h	377.12	−0.019%	$391K	$37K	10x	as long as short
KuCoin TSLAUSDTMlong	+0.0100%	8h	377.19	long leg	$1.5M	$105K	20x
ApeX Omni TSLAUSDT	+0.0100%	1h	377.13	−0.016%	$4K	$62K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	377.28	+0.024%	$41K	$22K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	377.22	+0.007%	$747	—	10x	as long as short
Gate TSLA_USDT	+0.0109%	8h	377.29	+0.027%	$2.3M	$3.7M	100x	as long as short
Nado TSLA-PERPshort	+0.0145%	1h	377.08	−0.030%	$490K	$112K	20x
Injective TSLA/USDC PERP	+0.0220%	1h	378.09	+0.239%	$79K	$36K	30x	as long as short
Phoenix TSLA	+0.0254%	1h	377.24	+0.013%	$1.3M	$539K	20x	as long as short