Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0040%/8h= +4.4% APRpaid last 24h +0.049%

Price spread now: Arcus against OKX−0.048%7-day average −0.080% · 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−$30as in the Price arb table

costs, in and out, $10k−$330.334% of the position

Long on OKX Short on Arcus

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.094%+$9 on $10k

Price spread, last 4 days (all we have)−0.014%−$1 · spread now −0.048%, 7d avg −0.080%

Together, before fees+0.079%+$8 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Arcus is 0.033% dearer against OKX than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.080%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX TSLA-USDT-SWAP	376.98	0	get 0.0000% / 8h	6h 46m	$11.2M	$16.7M	25x
Short	Arcus TSLA-USD	376.80	0.0040	get 0.0005% / 1h	46m 31s	$163K	$93K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Arcus against OKX. 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 OKXbpFee ArcusbpOrdersPrice spread, now −0.048%Rate

Funding earned: $8.46
Price spread: −0.048% → −0.080%: $3.25
Slippage, 4 orders: −$18.87
Fee OKX: 5 bp × 2 orders: −$10
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Net: −$21.66
Costs to cover: 0.334%
Break-even: 24.9 days

Slippage from OKX: live order book, 2 min ago; Arcus: live order book, 22 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 OKX live order book, 2 min ago	0.13 bp	5.8 bp −$6	9.0 bp −$90	doesn't fit	doesn't fit
Sell Arcus live order book, 22 min ago	2.13 bp	9.9 bp −$10	14.1 bp −$141	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	−0.0453%	4h	376.90	−0.021%	$398K	$1.0M	10x	as long as short
Hotstuff TSLA-PERP	−0.0032%	1h	376.67	−0.082%	$34K	—	20x	as long as short
BloFin TSLA-USDT	−0.0027%	8h	376.98	0.000%	$576K	$341K	20x	as long as short
Coinbase International TSLA-PERP-INTX	−0.0016%	1h	376.58	−0.106%	$512K	$327K	10x	as long as short
Aster TSLAUSDT	0.0000%	8h	376.95	−0.009%	$577K	$195K	50x	as long as short
Extended TSLA_24_5-USD	0.0000%	1h	376.95	−0.008%	$479K	$10.5M	10x	as long as short
Binance TSLAUSDT	0.0000%	8h	376.96	−0.005%	$47.2M	$109.7M	25x	as long as short
Bybit TSLAUSDT	0.0000%	8h	376.99	+0.003%	$10.2M	$15.5M	100x	as long as short
OKX TSLA-USDT-SWAPlong	0.0000%	8h	376.98	long leg	$11.2M	$16.7M	25x
RISEx TSLA/USDC	0.0000%	1h	377.03	+0.012%	$292K	$598K	20x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate TSLA_USDT	0.0000%	8h	376.99	+0.003%	$2.3M	$3.8M	100x	as long as short
Bitget TSLAUSDT	0.0000%	8h	376.94	−0.011%	$16.9M	$22.7M	100x	as long as short
Variational Omni TSLA	0.0000%	8h	377.09	+0.028%	$1.9M	$1.3M	—	as long as short
StandX TSLA-USD	0.0000%	1h	376.88	−0.027%	$200K	$905K	20x	as long as short
Bullet TSLA-USD	0.0000%	1h	376.95	−0.008%	$6K	$93K	10x	as long as short
Deribit TSLA_USDC-PERPETUAL	0.0000%	1h	376.78	−0.053%	$20K	$187K	10x	as long as short
Phemex TSLAUSDT	0.0000%	4h	376.89	−0.024%	$1.1M	$13K	10x	as long as short
Aftermath Perps TSLAUSD	+0.0009%	1h	376.82	−0.043%	$38K	$46K	10x	as long as short
QFEX TSLA-USD	+0.0023%	1h	376.92	−0.016%	$1.2M	$6.8M	10x	as long as short
Lighter TSLA	+0.0032%	1h	377.02	+0.011%	$829K	$3.6M	20x	as long as short
Lighter RH TSLA	+0.0032%	1h	377.04	+0.016%	$1.2M	$2.6M	20x	as long as short
Arcus TSLA-USDshort	+0.0040%	1h	376.80	−0.048%	$163K	$93K	10x
Vest TSLA-USD-PERP	+0.0046%	1h	376.96	−0.005%	—	$130K	25x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	376.71	−0.072%	$44.3M	$14.0M	20x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	376.80	−0.048%	$301K	$310K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	376.88	−0.027%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	376.55	−0.114%	$1.5M	$1.1M	10x	as long as short
Nado TSLA-PERP	+0.0094%	1h	376.91	−0.018%	$490K	$112K	20x	as long as short
Pacifica TSLA	+0.0100%	1h	376.82	−0.042%	$390K	$38K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	376.66	−0.085%	$1.5M	$106K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	376.76	−0.058%	$4K	$61K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	376.89	−0.024%	$41K	$20K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	376.83	−0.039%	$746	—	10x	as long as short
GRVT TSLA_USDT_Perp	+0.0111%	8h	377.00	+0.004%	$853K	$2.8M	10x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	377.49	+0.135%	$78K	$36K	30x	as long as short
Phoenix TSLA	+0.0255%	1h	377.30	+0.085%	$1.3M	$539K	20x	as long as short