Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0044%/8h= −4.8% APRpaid last 24h +0.009%

Price spread now: KuCoin against Nado0.000%51s7-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—prices read too far apart to compare

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

Long on Nado Short on KuCoin

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)+0.245%+$24 · spread now 0.000%, 7d avg −0.006%

Together, before fees+0.323%+ Points / potential airdropNado: Active · farm board+$32 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.006%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate. Mind the row above: over the last 3 days funding on this pair paid +0.078%, so the current rate has only just turned against you. 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	Nado TSLA-PERP	377.10	0.0144	pay 0.0018% / 1h	27m 39s	$490K	$112K	20x
Short	KuCoin TSLAUSDTM	377.10	0.0100	get 0.0100% / 8h	5h 27m	$1.5M	$105K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now 0.000%Rate

Funding earned: −$9.18
Price spread: 0.000% → −0.006%: $0.56
Slippage, 4 orders: −$159.74
Fee Nado: 3.5 bp × 2 orders: −$7
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$187.36
Costs to cover: 1.787%
Break-even: never at this rate

Slippage from Nado: live order book, 35 min ago; KuCoin: live order book, 8 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, 35 min ago	4.51 bp	10.8 bp −$11	21.6 bp −$216	doesn't fit	doesn't fit
Sell KuCoin live order book, 8 min ago	3.18 bp	128.1 bp −$128	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	−0.0944%	4h	377.11	+0.002%	$398K	$1.0M	10x	as long as short
BloFin TSLA-USDT	−0.0024%	8h	377.37	+0.071%	$577K	$340K	20x	as long as short
Aster TSLAUSDT	0.0000%	8h	377.27	+0.045%	$578K	$196K	50x	as long as short
Extended TSLA_24_5-USD	0.0000%	1h	377.12	+0.005%	$480K	$7.0M	10x	as long as short
Binance TSLAUSDT	0.0000%	8h	377.22	+0.032%	$47.4M	$110.6M	25x	as long as short
Bybit TSLAUSDT	0.0000%	8h	377.29	+0.050%	$10.3M	$15.4M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	377.22	+0.032%	$11.2M	$16.8M	25x	as long as short
RISEx TSLA/USDC	0.0000%	1h	377.25	+0.040%	$290K	$599K	20x	as long as short
Bitget TSLAUSDT	0.0000%	8h	377.24	+0.037%	$17.1M	$22.9M	100x	as long as short
Variational Omni TSLA	0.0000%	8h	377.22	+0.031%	$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	377.43	+0.088%	$846K	$2.8M	10x	as long as short
StandX TSLA-USD	0.0000%	1h	377.38	+0.074%	$200K	$910K	20x	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	+0.050%	$1.1M	$15K	10x	as long as short
Aftermath Perps TSLAUSD	+0.0012%	1h	377.08	−0.004%	$38K	$43K	10x	as long as short
QFEX TSLA-USD	+0.0019%	1h	377.18	+0.021%	$1.2M	$6.6M	10x	as long as short
Hotstuff TSLA-PERP	+0.0024%	1h	376.91	−0.051%	$34K	—	20x	as long as short
Lighter RH TSLA	+0.0032%	1h	377.18	+0.021%	$1.2M	$2.6M	20x	as long as short
Lighter TSLA	+0.0040%	1h	377.22	+0.032%	$819K	$3.6M	20x	as long as short
Arcus TSLA-USD	+0.0040%	1h	377.09	−0.003%	$162K	$96K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	377.26	+0.042%	—	$130K	25x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	376.91	−0.051%	$44.3M	$14.3M	20x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	377.07	−0.008%	$301K	$310K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	377.17	+0.018%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	377.17	+0.018%	$1.5M	$1.1M	10x	as long as short
Bullet TSLA-USD	+0.0068%	1h	377.27	+0.046%	$5K	$92K	10x	as long as short
Pacifica TSLA	+0.0100%	1h	377.12	+0.005%	$391K	$37K	10x	as long as short
KuCoin TSLAUSDTMshort	+0.0100%	8h	377.10	0.000%	$1.5M	$105K	20x
ApeX Omni TSLAUSDT	+0.0100%	1h	377.13	+0.008%	$4K	$62K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	377.03	−0.019%	$41K	$22K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	377.17	+0.018%	$747	—	10x	as long as short
Gate TSLA_USDT	+0.0109%	8h	377.21	+0.029%	$2.3M	$3.7M	100x	as long as short
Nado TSLA-PERPlong	+0.0144%	1h	377.10	long leg	$490K	$112K	20x
Deribit TSLA_USDC-PERPETUAL	+0.0174%	1h	377.09	−0.003%	$20K	$188K	10x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	378.09	+0.262%	$79K	$36K	30x	as long as short
Phoenix TSLA	+0.0254%	1h	377.24	+0.037%	$1.3M	$539K	20x	as long as short