Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0106%/8h= −11.6% APRpaid last 24h −0.021%

Price spread now: Bybit against Nado+0.037%7-day average +0.055% · 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−$42as in the Price arb table

costs, in and out, $10k−$400.402% of the position

Long on Nado Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.036%+$4 on $10k

Price spread, last 4 days (all we have)+0.487%+$49 · spread now +0.037%, 7d avg +0.055%

Together, before fees+0.523%+ Points / potential airdropNado: Active · farm board+$52 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.055%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado TSLA-PERP	377.49	0.0106	pay 0.0013% / 1h	20m 54s	$491K	$112K	20x
Short	Bybit TSLAUSDT	377.63	0	get 0.0000% / 8h	6h 20m	$10.3M	$15.6M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against Nado. 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 NadobpFee BybitbpOrdersPrice spread, now +0.037%Rate

Funding earned: −$22.33
Price spread: +0.037% → +0.055%: −$1.77
Slippage, 4 orders: −$22.17
Fee Nado: 3.5 bp × 2 orders: −$7
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$64.27
Costs to cover: 0.402%
Break-even: never at this rate

Slippage from Nado: live order book, 47 min ago; Bybit: 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 Nado live order book, 47 min ago	3.32 bp	12.3 bp −$12	22.2 bp −$222	doesn't fit	doesn't fit
Sell Bybit live order book, 3 min ago	0.53 bp	7.2 bp −$7	11.1 bp −$111	doesn't fit	doesn't fit

TSLA on 35 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	−0.0998%	4h	377.42	−0.018%	$399K	$1.0M	10x	as long as short
Coinbase International TSLA-PERP-INTX	−0.0016%	1h	377.33	−0.042%	$513K	$328K	10x	as long as short
Aster TSLAUSDT	0.0000%	8h	377.51	+0.004%	$578K	$196K	50x	as long as short
Extended TSLA_24_5-USD	0.0000%	1h	377.46	−0.009%	$481K	$9.6M	10x	as long as short
Binance TSLAUSDT	0.0000%	8h	377.56	+0.019%	$47.4M	$110.6M	25x	as long as short
Bybit TSLAUSDTshort	0.0000%	8h	377.63	+0.037%	$10.3M	$15.6M	100x
OKX TSLA-USDT-SWAP	0.0000%	8h	377.54	+0.013%	$11.2M	$16.8M	25x	as long as short
RISEx TSLA/USDC	0.0000%	1h	377.54	+0.012%	$290K	$599K	20x	as long as short
Bitget TSLAUSDT	0.0000%	8h	377.47	−0.005%	$17.0M	$22.9M	100x	as long as short
Variational Omni TSLA	0.0000%	8h	377.47	−0.007%	$1.9M	$1.3M	—	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
StandX TSLA-USD	0.0000%	1h	377.48	−0.003%	$200K	$909K	20x	as long as short
Bullet TSLA-USD	0.0000%	1h	377.54	+0.013%	$6K	$92K	10x	as long as short
Deribit TSLA_USDC-PERPETUAL	0.0000%	1h	377.35	−0.037%	$20K	$187K	10x	as long as short
Phemex TSLAUSDT	0.0000%	4h	377.49	0.000%	$1.1M	$15K	10x	as long as short
Aftermath Perps TSLAUSD	+0.0008%	1h	377.21	−0.075%	$38K	$45K	10x	as long as short
GRVT TSLA_USDT_Perp	+0.0022%	8h	377.60	+0.029%	$853K	$2.8M	10x	as long as short
QFEX TSLA-USD	+0.0023%	1h	377.41	−0.021%	$1.2M	$6.7M	10x	as long as short
Lighter TSLA	+0.0032%	1h	377.58	+0.024%	$824K	$3.6M	20x	as long as short
Lighter RH TSLA	+0.0032%	1h	377.60	+0.029%	$1.2M	$2.6M	20x	as long as short
Gate TSLA_USDT	+0.0037%	8h	377.55	+0.016%	$2.3M	$3.8M	100x	as long as short
Arcus TSLA-USD	+0.0040%	1h	377.30	−0.050%	$163K	$93K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	377.56	+0.019%	—	$130K	25x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	377.31	−0.048%	$44.3M	$14.1M	20x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	377.33	−0.042%	$301K	$311K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	377.47	−0.005%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	377.26	−0.061%	$1.5M	$1.1M	10x	as long as short
Pacifica TSLA	+0.0100%	1h	377.39	−0.026%	$391K	$37K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	377.25	−0.064%	$1.5M	$105K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	377.37	−0.032%	$4K	$61K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	377.49	0.000%	$41K	$20K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	377.41	−0.022%	$747	—	10x	as long as short
Nado TSLA-PERPlong	+0.0106%	1h	377.49	long leg	$491K	$112K	20x
Hotstuff TSLA-PERP	+0.0112%	1h	377.28	−0.056%	$34K	—	20x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	378.38	+0.236%	$79K	$36K	30x	as long as short
Phoenix TSLA	+0.0255%	1h	377.54	+0.013%	$1.3M	$539K	20x	as long as short