Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0120%/8h= +13.1% APRpaid last 24h +0.025%

Price spread now: Coinbase International against OKX+0.058%7-day average −0.108% · you sell dearer than you buy

Net, funding: paid 7d − costs−$17as in the Funding arb table

Net, price: spread back to 7d avg − costs−$15as in the Price arb table

costs, in and out, $10k−$320.316% of the position

Long on OKX Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days+0.142%+$14 on $10k

Price spread, last 4 days (all we have)−0.174%−$17 · spread now +0.058%, 7d avg −0.108%

Together, before fees−0.032%−$3 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Coinbase International is 0.166% dearer against OKX than usual: you sell high and buy low: +$17 more if the spread goes back to its 7-day average of −0.108%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX TSLA-USDT-SWAP	376.60	0	get 0.0000% / 8h	6h 53m	$11.2M	$16.8M	25x
Short	Coinbase International TSLA-PERP-INTX	376.82	0.0120	get 0.0015% / 1h	53m 31s	$508K	$367K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International 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 Coinbase InternationalbpOrdersPrice spread, now +0.058%Rate

Funding earned: $25.2
Price spread: +0.058% → −0.108%: $16.61
Slippage, 4 orders: −$11.64
Fee OKX: 5 bp × 2 orders: −$10
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: $10.17
Costs to cover: 0.316%
Break-even: 4.2 days

Slippage from OKX: live order book, 5 min ago; Coinbase International: live order book, 40 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, 5 min ago	0.13 bp	7.5 bp −$7	10.1 bp −$101	doesn't fit	doesn't fit
Sell Coinbase International live order book, 40 min ago	2.80 bp	9.0 bp −$9	11.6 bp −$116	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	−0.0815%	4h	376.81	+0.056%	$396K	$1.0M	10x	as long as short
Bybit TSLAUSDT	0.0000%	8h	376.54	−0.016%	$10.1M	$15.0M	100x	as long as short
OKX TSLA-USDT-SWAPlong	0.0000%	8h	376.60	long leg	$11.2M	$16.8M	25x
Gate TSLA_USDT	0.0000%	8h	376.58	−0.005%	$2.3M	$3.2M	100x	as long as short
Bitget TSLAUSDT	0.0000%	8h	376.58	−0.005%	$17.2M	$23.7M	100x	as long as short
Deribit TSLA_USDC-PERPETUAL	0.0000%	1h	376.33	−0.072%	$18K	$192K	10x	as long as short
Phemex TSLAUSDT	0.0000%	4h	376.59	−0.003%	$1.1M	$14K	10x	as long as short
StandX TSLA-USD	+0.0009%	1h	376.49	−0.029%	$200K	$967K	20x	as long as short
Aftermath Perps TSLAUSD	+0.0023%	1h	376.41	−0.050%	$38K	$36K	10x	as long as short
Lighter RH TSLA	+0.0032%	1h	376.60	0.000%	$1.2M	$2.5M	20x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Arcus TSLA-USD	+0.0040%	1h	376.42	−0.048%	$132K	$109K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	376.43	−0.045%	—	$126K	25x	as long as short
Lighter TSLA	+0.0048%	1h	376.57	−0.008%	$805K	$3.7M	20x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	376.37	−0.061%	$44.7M	$14.8M	20x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	376.25	−0.093%	$300K	$158K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	376.48	−0.032%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	376.19	−0.109%	$1.6M	$1.1M	10x	as long as short
QFEX TSLA-USD	+0.0053%	1h	376.32	−0.074%	$1.3M	$6.2M	10x	as long as short
Aster TSLAUSDT	+0.0083%	8h	376.76	+0.043%	$575K	$189K	50x	as long as short
Pacifica TSLA	+0.0100%	1h	376.32	−0.073%	$390K	$36K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	376.32	−0.074%	$1.4M	$2.8M	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	376.47	−0.035%	$4K	$62K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	376.42	−0.048%	$41K	$24K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	376.69	+0.024%	$746	—	10x	as long as short
Variational Omni TSLA	+0.0112%	8h	376.75	+0.040%	$1.7M	$1.5M	—	as long as short
Coinbase International TSLA-PERP-INTXshort	+0.0120%	1h	376.82	+0.058%	$508K	$367K	10x
BloFin TSLA-USDT	+0.0132%	8h	376.55	−0.013%	$579K	$365K	20x	as long as short
Extended TSLA_24_5-USD	+0.0136%	1h	376.52	−0.022%	$481K	$2.7M	10x	as long as short
Binance TSLAUSDT	+0.0140%	8h	376.59	−0.002%	$47.2M	$115.4M	25x	as long as short
Hotstuff TSLA-PERP	+0.0152%	1h	376.17	−0.114%	$34K	—	20x	as long as short
Bullet TSLA-USD	+0.0174%	1h	376.57	−0.008%	$6K	$93K	10x	as long as short
RISEx TSLA/USDC	+0.0175%	1h	376.49	−0.029%	$215K	$652K	20x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	379.42	+0.749%	$79K	$37K	30x	as long as short
Nado TSLA-PERP	+0.0243%	1h	376.26	−0.089%	$499K	$111K	20x	as long as short
Phoenix TSLA	+0.0404%	1h	377.00	+0.106%	$1.3M	$502K	20x	as long as short
GRVT TSLA_USDT_Perp	+0.0683%	8h	377.11	+0.136%	$849K	$2.9M	10x	as long as short