Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0080%/8h= −8.8% APRpaid last 24h −0.061%

Price spread now: Hotstuff against OKX−0.080%7-day average — · you buy dearer than you sell

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

Long on OKX Short on Hotstuff

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropHotstuff: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Hotstuff is 0.080% cheaper against OKX than usual: you would sell low and buy high (−$8 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX TSLA-USDT-SWAP	375.67	0	get 0.0000% / 8h	1h 30m	$11.2M	$16.9M	25x
Short	Hotstuff TSLA-PERP	375.37	−0.0080	pay 0.0010% / 1h	30m 59s	$34K	—	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hotstuff 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 HotstuffbpOrdersPrice spread, now −0.080%Rate

Funding earned: −$16.8
Price spread: −0.080% → 0.000%: −$7.99
Slippage, 4 orders: no order book: not counted
Fee OKX: 5 bp × 2 orders: −$10
Fee Hotstuff: 2.5 bp × 2 orders: −$5
Net: −$39.79
Costs to cover: 0.150%
Break-even: never at this rate

Slippage unknown: OKX: live order book, 2 min ago; Hotstuff: no order-book sample. 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 OKX live order book, 2 min ago	0.40 bp	6.1 bp −$6	10.6 bp −$106	doesn't fit	doesn't fit
Sell Hotstuff no order-book sample	—	—	—	—	—

Hotstuff: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	−0.0869%	4h	375.64	−0.009%	$397K	$1.0M	10x	as long as short
Hotstuff TSLA-PERPshort	−0.0080%	1h	375.37	−0.080%	$34K	—	20x
BloFin TSLA-USDT	−0.0023%	8h	375.72	+0.013%	$578K	$355K	20x	as long as short
Aster TSLAUSDT	0.0000%	8h	375.76	+0.025%	$574K	$199K	50x	as long as short
Extended TSLA_24_5-USD	0.0000%	1h	375.65	−0.005%	$481K	$2.7M	10x	as long as short
Binance TSLAUSDT	0.0000%	8h	375.74	+0.019%	$47.1M	$113.4M	25x	as long as short
Bybit TSLAUSDT	0.0000%	8h	375.65	−0.005%	$10.2M	$15.4M	100x	as long as short
OKX TSLA-USDT-SWAPlong	0.0000%	8h	375.67	long leg	$11.2M	$16.9M	25x
Gate TSLA_USDT	0.0000%	8h	375.71	+0.011%	$2.3M	$3.5M	100x	as long as short
Bitget TSLAUSDT	0.0000%	8h	375.63	−0.011%	$17.1M	$22.9M	100x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni TSLA	0.0000%	8h	375.70	+0.008%	$1.9M	$1.3M	—	as long as short
StandX TSLA-USD	0.0000%	1h	375.68	+0.003%	$199K	$919K	20x	as long as short
Phemex TSLAUSDT	0.0000%	4h	375.71	+0.011%	$1.1M	$14K	10x	as long as short
Aftermath Perps TSLAUSD	+0.0025%	1h	375.62	−0.013%	$38K	$38K	10x	as long as short
Lighter RH TSLA	+0.0032%	1h	375.59	−0.021%	$1.3M	$2.5M	20x	as long as short
Arcus TSLA-USD	+0.0040%	1h	375.48	−0.051%	$134K	$108K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	375.53	−0.037%	—	$119K	25x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	375.40	−0.072%	$44.5M	$14.8M	20x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	375.60	−0.019%	$300K	$304K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	375.64	−0.008%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	375.32	−0.093%	$1.6M	$1.1M	10x	as long as short
QFEX TSLA-USD	+0.0052%	1h	375.66	−0.003%	$1.2M	$6.2M	10x	as long as short
Pacifica TSLA	+0.0100%	1h	375.57	−0.027%	$389K	$36K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	375.42	−0.067%	$1.4M	$107K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	375.38	−0.077%	$4K	$61K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	375.39	−0.075%	$41K	$23K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	375.64	−0.008%	$744	—	10x	as long as short
Coinbase International TSLA-PERP-INTX	+0.0136%	1h	376.33	+0.176%	$506K	$349K	10x	as long as short
RISEx TSLA/USDC	+0.0138%	1h	375.70	+0.008%	$214K	$643K	20x	as long as short
Lighter TSLA	+0.0160%	1h	375.62	−0.013%	$819K	$3.7M	20x	as long as short
GRVT TSLA_USDT_Perp	+0.0204%	8h	375.75	+0.022%	$845K	$2.8M	10x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	379.41	+0.996%	$79K	$36K	30x	as long as short
Bullet TSLA-USD	+0.0229%	1h	375.71	+0.011%	$5K	$91K	10x	as long as short
Nado TSLA-PERP	+0.0290%	1h	375.36	−0.083%	$488K	$111K	20x	as long as short
Phoenix TSLA	+0.0318%	1h	375.78	+0.029%	$1.3M	$528K	20x	as long as short
Deribit TSLA_USDC-PERPETUAL	+0.0389%	1h	375.56	−0.029%	$18K	$194K	10x	as long as short