Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.014%

Price spread now: tradeXYZ against KuCoin−0.050%7-day average −0.031% · you buy dearer than you sell

Net, funding: paid 7d − costs−$176as in the Funding arb table

Net, price: spread back to 7d avg − costs−$176as in the Price arb table

costs, in and out, $10k−$1741.739% of the position

Long on KuCoin Short on tradeXYZ

What this pair did over the last

the charts below follow

Funding, last 7 days−0.019%−$2 on $10k

Price spread, last 7 days+0.036%+$4 · spread now −0.050%, 7d avg −0.031%

Together, before fees+0.017%+ Points / potential airdroptradeXYZ: Active · farm board+$2 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.031%, 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	377.14	0.0100	pay 0.0100% / 8h	5h 25m	$1.5M	$105K	20x
Short	tradeXYZ xyz:TSLA	376.95	0.0050	get 0.0006% / 1h	25m 05s	$44.3M	$14.3M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ 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 tradeXYZbpOrdersPrice spread, now −0.050%Rate

Funding earned: −$10.5
Price spread: −0.050% → −0.031%: −$1.94
Slippage, 4 orders: −$143.9
Fee KuCoin: 6 bp × 2 orders: −$12
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: −$186.33
Costs to cover: 1.739%
Break-even: never at this rate

Slippage from KuCoin: live order book, 11 min ago; tradeXYZ: live order book, 3 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, 11 min ago	3.18 bp	25.9 bp −$26	doesn't fit	doesn't fit	doesn't fit
Sell tradeXYZ live order book, 3 min ago	0.53 bp	10.0 bp −$10	doesn't fit	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	−0.0428%	4h	377.18	+0.010%	$398K	$1.0M	10x	as long as short
Aster TSLAUSDT	0.0000%	8h	377.31	+0.044%	$578K	$196K	50x	as long as short
Extended TSLA_24_5-USD	0.0000%	1h	377.21	+0.018%	$480K	$6.9M	10x	as long as short
Binance TSLAUSDT	0.0000%	8h	377.28	+0.037%	$47.3M	$110.6M	25x	as long as short
Bybit TSLAUSDT	0.0000%	8h	377.32	+0.048%	$10.3M	$15.4M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	377.27	+0.034%	$11.2M	$16.9M	25x	as long as short
RISEx TSLA/USDC	0.0000%	1h	377.33	+0.049%	$290K	$599K	20x	as long as short
Bitget TSLAUSDT	0.0000%	8h	377.24	+0.027%	$17.1M	$22.9M	100x	as long as short
Variational Omni TSLA	0.0000%	8h	377.27	+0.034%	$1.9M	$1.4M	—	as long as short
GRVT TSLA_USDT_Perp	0.0000%	8h	377.38	+0.062%	$856K	$2.8M	10x	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	377.29	+0.040%	$200K	$909K	20x	as long as short
Deribit TSLA_USDC-PERPETUAL	0.0000%	1h	377.12	−0.005%	$20K	$188K	10x	as long as short
Coinbase International TSLA-PERP-INTX	0.0000%	1h	377.12	−0.005%	$513K	$330K	10x	as long as short
Phemex TSLAUSDT	0.0000%	4h	377.29	+0.040%	$1.1M	$14K	10x	as long as short
BloFin TSLA-USDT	+0.0003%	8h	377.35	+0.056%	$577K	$353K	20x	as long as short
Aftermath Perps TSLAUSD	+0.0011%	1h	377.12	−0.006%	$38K	$43K	10x	as long as short
QFEX TSLA-USD	+0.0019%	1h	377.24	+0.027%	$1.2M	$6.6M	10x	as long as short
Lighter RH TSLA	+0.0032%	1h	377.25	+0.029%	$1.2M	$2.6M	20x	as long as short
Hotstuff TSLA-PERP	+0.0032%	1h	376.94	−0.053%	$34K	—	20x	as long as short
Arcus TSLA-USD	+0.0040%	1h	377.11	−0.008%	$162K	$96K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	377.24	+0.027%	—	$130K	25x	as long as short
Lighter TSLA	+0.0048%	1h	377.24	+0.027%	$819K	$3.6M	20x	as long as short
tradeXYZ xyz:TSLAshort	+0.0050%	1h	376.95	−0.050%	$44.3M	$14.3M	20x
Polymarket Perps TSLA-USD	+0.0050%	1h	377.12	−0.005%	$301K	$310K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	377.21	+0.019%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	377.17	+0.008%	$1.5M	$1.1M	10x	as long as short
Bullet TSLA-USD	+0.0068%	1h	377.30	+0.041%	$5K	$92K	10x	as long as short
Pacifica TSLA	+0.0100%	1h	377.19	+0.013%	$391K	$37K	10x	as long as short
KuCoin TSLAUSDTMlong	+0.0100%	8h	377.14	long leg	$1.5M	$105K	20x
ApeX Omni TSLAUSDT	+0.0100%	1h	377.13	−0.003%	$4K	$62K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	377.25	+0.029%	$41K	$22K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	377.19	+0.014%	$747	—	10x	as long as short
Gate TSLA_USDT	+0.0111%	8h	377.26	+0.032%	$2.3M	$3.7M	100x	as long as short
Nado TSLA-PERP	+0.0145%	1h	377.11	−0.008%	$490K	$112K	20x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	378.09	+0.252%	$79K	$36K	30x	as long as short
Phoenix TSLA	+0.0254%	1h	377.35	+0.056%	$1.3M	$539K	20x	as long as short