Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h +0.044%

Price spread now: Gate against Ondo Perps+0.091%7-day average +0.121% · you sell dearer than you buy

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

Long on Ondo Perps Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days+0.060%+$6 on $10k

Price spread, last 7 days+0.012%+$1 · spread now +0.091%, 7d avg +0.121%

Together, before fees+0.072%+ Points / potential airdropOndo Perps: Active · farm board+$7 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Gate is 0.030% cheaper against Ondo Perps than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.121%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.060%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Ondo Perps TSLA-USD.P	375.30	0.0050	pay 0.0006% / 1h	32m 19s	$1.6M	$1.1M	10x
Short	Gate TSLA_USDT	375.64	0	get 0.0000% / 8h	1h 32m	$2.3M	$3.5M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against Ondo Perps. 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 Ondo PerpsbpFee GatebpOrdersPrice spread, now +0.091%Rate

Funding earned: −$10.58
Price spread: +0.091% → +0.121%: −$3.05
Slippage, 4 orders: no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$33.63
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: Ondo Perps: no order-book sample; Gate: live order book, 6 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 Ondo Perps no order-book sample	—	—	—	—	—
Sell Gate live order book, 6 min ago	0.93 bp	14.0 bp −$14	21.5 bp −$215	doesn't fit	doesn't fit

Ondo Perps: 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	−0.0397%	4h	375.74	+0.117%	$397K	$1.0M	10x	as long as short
BloFin TSLA-USDT	0.0000%	8h	375.74	+0.117%	$578K	$355K	20x	as long as short
Aster TSLAUSDT	0.0000%	8h	375.71	+0.110%	$574K	$199K	50x	as long as short
Extended TSLA_24_5-USD	0.0000%	1h	375.58	+0.075%	$481K	$2.7M	10x	as long as short
Binance TSLAUSDT	0.0000%	8h	375.66	+0.096%	$47.1M	$113.4M	25x	as long as short
Bybit TSLAUSDT	0.0000%	8h	375.63	+0.088%	$10.2M	$15.4M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	375.56	+0.069%	$11.2M	$16.9M	25x	as long as short
Gate TSLA_USDTshort	0.0000%	8h	375.64	+0.091%	$2.3M	$3.5M	100x
Bitget TSLAUSDT	0.0000%	8h	375.64	+0.091%	$17.1M	$22.9M	100x	as long as short
Variational Omni TSLA	0.0000%	8h	375.70	+0.106%	$1.9M	$1.3M	—	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
StandX TSLA-USD	0.0000%	1h	375.68	+0.101%	$199K	$919K	20x	as long as short
Phemex TSLAUSDT	0.0000%	4h	375.71	+0.109%	$1.1M	$14K	10x	as long as short
Aftermath Perps TSLAUSD	+0.0025%	1h	375.62	+0.085%	$38K	$38K	10x	as long as short
Lighter RH TSLA	+0.0032%	1h	375.57	+0.072%	$1.3M	$2.5M	20x	as long as short
Hotstuff TSLA-PERP	+0.0032%	1h	375.35	+0.013%	$34K	—	20x	as long as short
Arcus TSLA-USD	+0.0040%	1h	375.49	+0.051%	$134K	$108K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	375.52	+0.059%	—	$121K	25x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	375.36	+0.016%	$44.5M	$14.8M	20x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	375.56	+0.069%	$300K	$304K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	375.58	+0.075%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.Plong	+0.0050%	1h	375.30	long leg	$1.6M	$1.1M	10x
QFEX TSLA-USD	+0.0052%	1h	375.64	+0.091%	$1.2M	$6.2M	10x	as long as short
Pacifica TSLA	+0.0100%	1h	375.51	+0.055%	$389K	$36K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	375.42	+0.032%	$1.4M	$107K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	375.45	+0.040%	$4K	$61K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	375.36	+0.016%	$41K	$23K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	375.59	+0.076%	$744	—	10x	as long as short
Deribit TSLA_USDC-PERPETUAL	+0.0123%	1h	375.48	+0.048%	$18K	$194K	10x	as long as short
Coinbase International TSLA-PERP-INTX	+0.0136%	1h	376.33	+0.274%	$506K	$349K	10x	as long as short
RISEx TSLA/USDC	+0.0138%	1h	375.69	+0.104%	$214K	$643K	20x	as long as short
Lighter TSLA	+0.0160%	1h	375.61	+0.083%	$819K	$3.7M	20x	as long as short
GRVT TSLA_USDT_Perp	+0.0201%	8h	375.85	+0.146%	$846K	$2.8M	10x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	379.57	+1.138%	$79K	$36K	30x	as long as short
Bullet TSLA-USD	+0.0228%	1h	375.66	+0.097%	$5K	$91K	10x	as long as short
Nado TSLA-PERP	+0.0292%	1h	375.37	+0.020%	$488K	$111K	20x	as long as short
Phoenix TSLA	+0.0318%	1h	375.78	+0.128%	$1.3M	$528K	20x	as long as short