Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.012%

Price spread now: Variational Omni against Nado+0.060%7-day average +0.029% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Nado Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.044%+$4 on $10k

Price spread, last 4 days (all we have)+0.456%+$46 · spread now +0.060%, 7d avg +0.029%

Together, before fees+0.499%+ Points / potential airdropNado: Active · Variational Omni: Active · farm board+$50 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Variational Omni is 0.031% dearer against Nado than usual: you sell high and buy low (spread +0.060% now, against its 7-day average of +0.029%): +$3 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 25 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado TSLA-PERP	377.10	0.0100	pay 0.0012% / 1h	2m 18s	$490K	$112K	20x
Short	Variational Omni TSLA	377.33	0	get 0.0000% / 8h	6h 02m	$1.9M	$1.4M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni 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 Variational OmnibpOrdersPrice spread, now +0.060%Rate

Funding earned: −$21
Price spread: +0.060% → +0.029%: $3.12
Slippage, 4 orders: no order book: not counted
Fee Nado: 3.5 bp × 2 orders: −$7
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$24.87
Costs to cover: 0.070%
Break-even: never at this rate

Slippage unknown: Nado: live order book, 66 min ago; Variational Omni: RFQ quote, 2 min ago. Net counts fees only.

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, 66 min ago	3.32 bp	12.3 bp −$12	22.2 bp −$222	doesn't fit	doesn't fit
Sell Variational Omni RFQ quote, 2 min ago	2.02 bp	doesn't fit	8.9 bp −$89	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	−0.0751%	4h	377.35	+0.067%	$399K	$1.0M	10x	as long as short
Coinbase International TSLA-PERP-INTX	−0.0016%	1h	377.33	+0.060%	$513K	$328K	10x	as long as short
Aster TSLAUSDT	0.0000%	8h	377.26	+0.042%	$578K	$196K	50x	as long as short
Extended TSLA_24_5-USD	0.0000%	1h	377.18	+0.020%	$481K	$8.6M	10x	as long as short
Binance TSLAUSDT	0.0000%	8h	377.26	+0.043%	$47.3M	$110.5M	25x	as long as short
Bybit TSLAUSDT	0.0000%	8h	377.31	+0.055%	$10.3M	$15.5M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	377.19	+0.023%	$11.2M	$16.8M	25x	as long as short
RISEx TSLA/USDC	0.0000%	1h	377.26	+0.043%	$290K	$599K	20x	as long as short
Bitget TSLAUSDT	0.0000%	8h	377.18	+0.021%	$17.0M	$22.9M	100x	as long as short
Variational Omni TSLAshort	0.0000%	8h	377.33	+0.060%	$1.9M	$1.4M	—

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT TSLA_USDT_Perp	0.0000%	8h	377.36	+0.069%	$852K	$2.8M	10x	as long as short
StandX TSLA-USD	0.0000%	1h	377.25	+0.039%	$200K	$908K	20x	as long as short
Bullet TSLA-USD	0.0000%	1h	377.26	+0.042%	$5K	$92K	10x	as long as short
Deribit TSLA_USDC-PERPETUAL	0.0000%	1h	377.02	−0.022%	$20K	$187K	10x	as long as short
Phemex TSLAUSDT	0.0000%	4h	377.28	+0.047%	$1.1M	$15K	10x	as long as short
Aftermath Perps TSLAUSD	+0.0008%	1h	377.21	+0.029%	$38K	$44K	10x	as long as short
QFEX TSLA-USD	+0.0023%	1h	377.18	+0.021%	$1.2M	$6.6M	10x	as long as short
Lighter TSLA	+0.0032%	1h	377.19	+0.023%	$823K	$3.6M	20x	as long as short
Lighter RH TSLA	+0.0032%	1h	377.22	+0.031%	$1.2M	$2.6M	20x	as long as short
Arcus TSLA-USD	+0.0040%	1h	377.17	+0.018%	$161K	$95K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	377.27	+0.044%	—	$130K	25x	as long as short
tradeXYZ xyz:TSLA	+0.0049%	1h	377.00	−0.027%	$44.3M	$14.2M	20x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	377.06	−0.011%	$301K	$310K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	377.18	+0.021%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	377.03	−0.019%	$1.5M	$1.1M	10x	as long as short
Gate TSLA_USDT	+0.0071%	8h	377.25	+0.039%	$2.3M	$3.8M	100x	as long as short
Hotstuff TSLA-PERP	+0.0096%	1h	376.97	−0.035%	$34K	—	20x	as long as short
Nado TSLA-PERPlong	+0.0100%	1h	377.10	long leg	$490K	$112K	20x
Pacifica TSLA	+0.0100%	1h	377.15	+0.013%	$391K	$37K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	377.18	+0.021%	$1.5M	$105K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	377.28	+0.047%	$4K	$62K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	377.08	−0.006%	$41K	$21K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	377.14	+0.010%	$747	—	10x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	378.46	+0.360%	$79K	$36K	30x	as long as short
Phoenix TSLA	+0.0255%	1h	377.38	+0.074%	$1.3M	$539K	20x	as long as short