Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0282%/8h= −30.9% APRpaid last 24h −0.020%

Price spread now: OKX against Nado+0.042%7-day average +0.044% · 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−$34as in the Price arb table

costs, in and out, $10k−$340.338% of the position

Long on Nado Short on OKX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.032%+$3 on $10k

Price spread, last 4 days (all we have)+0.083%+$8 · spread now +0.042%, 7d avg +0.044%

Together, before fees+0.115%+ Points / potential airdropNado: Active · farm board+$12 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.044%, so right now this pair is about funding alone: −$8 a day on $10k at the current rate.

The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.032% in total (about 3.4% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado TSLA-PERP	376.02	0.0282	pay 0.0035% / 1h	48m 23s	$489K	$112K	20x
Short	OKX TSLA-USDT-SWAP	376.18	0	get 0.0000% / 8h	2h 48m	$11.2M	$16.9M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.042%Rate

Funding earned: −$59.24
Price spread: +0.042% → +0.044%: −$0.15
Slippage, 4 orders: −$16.83
Fee Nado: 3.5 bp × 2 orders: −$7
Fee OKX: 5 bp × 2 orders: −$10
Net: −$93.21
Costs to cover: 0.338%
Break-even: never at this rate

Slippage from Nado: live order book, 65 min ago; OKX: live order book, 5 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, 65 min ago	3.19 bp	8.2 bp −$8	16.9 bp −$169	doesn't fit	doesn't fit
Sell OKX live order book, 5 min ago	0.13 bp	5.8 bp −$6	10.4 bp −$104	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	−0.0326%	4h	376.20	+0.048%	$398K	$1.0M	10x	as long as short
Aster TSLAUSDT	0.0000%	8h	376.34	+0.085%	$576K	$198K	50x	as long as short
Extended TSLA_24_5-USD	0.0000%	1h	376.14	+0.031%	$479K	$2.7M	10x	as long as short
Binance TSLAUSDT	0.0000%	8h	376.25	+0.061%	$47.0M	$112.6M	25x	as long as short
Bybit TSLAUSDT	0.0000%	8h	376.10	+0.021%	$10.2M	$15.3M	100x	as long as short
OKX TSLA-USDT-SWAPshort	0.0000%	8h	376.18	+0.042%	$11.2M	$16.9M	25x
Bitget TSLAUSDT	0.0000%	8h	376.20	+0.047%	$17.1M	$22.7M	100x	as long as short
Variational Omni TSLA	0.0000%	8h	376.20	+0.047%	$1.9M	$1.3M	—	as long as short
StandX TSLA-USD	0.0000%	1h	376.27	+0.066%	$200K	$917K	20x	as long as short
Phemex TSLAUSDT	0.0000%	4h	376.18	+0.042%	$1.1M	$14K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin TSLA-USDT	+0.0005%	8h	376.21	+0.050%	$577K	$353K	20x	as long as short
Aftermath Perps TSLAUSD	+0.0020%	1h	376.00	−0.007%	$38K	$40K	10x	as long as short
Gate TSLA_USDT	+0.0023%	8h	376.17	+0.039%	$2.3M	$3.5M	100x	as long as short
Lighter RH TSLA	+0.0032%	1h	376.19	+0.045%	$1.2M	$2.5M	20x	as long as short
Hotstuff TSLA-PERP	+0.0032%	1h	375.83	−0.051%	$34K	—	20x	as long as short
Arcus TSLA-USD	+0.0040%	1h	375.91	−0.030%	$135K	$107K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	376.14	+0.032%	—	$128K	25x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	375.92	−0.027%	$44.5M	$14.7M	20x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	376.06	+0.010%	$300K	$309K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	376.07	+0.013%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	375.80	−0.059%	$1.6M	$1.1M	10x	as long as short
QFEX TSLA-USD	+0.0052%	1h	376.23	+0.055%	$1.3M	$6.2M	10x	as long as short
RISEx TSLA/USDC	+0.0054%	1h	376.24	+0.059%	$289K	$580K	20x	as long as short
Pacifica TSLA	+0.0100%	1h	375.96	−0.016%	$390K	$37K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	376.03	+0.002%	$1.5M	$105K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	375.94	−0.022%	$4K	$62K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	375.88	−0.038%	$41K	$23K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	376.10	+0.022%	$745	—	10x	as long as short
Coinbase International TSLA-PERP-INTX	+0.0112%	1h	376.13	+0.029%	$511K	$337K	10x	as long as short
Deribit TSLA_USDC-PERPETUAL	+0.0122%	1h	376.06	+0.010%	$18K	$193K	10x	as long as short
GRVT TSLA_USDT_Perp	+0.0141%	8h	376.33	+0.082%	$844K	$2.8M	10x	as long as short
Lighter TSLA	+0.0152%	1h	376.20	+0.047%	$842K	$3.6M	20x	as long as short
Bullet TSLA-USD	+0.0207%	1h	376.26	+0.063%	$4K	$90K	10x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	377.15	+0.300%	$78K	$36K	30x	as long as short
Nado TSLA-PERPlong	+0.0282%	1h	376.02	long leg	$489K	$112K	20x
Phoenix TSLA	+0.0298%	1h	376.27	+0.066%	$1.3M	$528K	20x	as long as short