Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0076%/8h= −8.3% APRpaid last 24h +0.029%

Price spread now: Gate against Pacifica+0.093%7-day average +0.062% · you sell dearer than you buy

Net, funding: paid 7d − costs−$46as in the Funding arb table

Net, price: spread back to 7d avg − costs−$38as in the Price arb table

costs, in and out, $10k−$410.413% of the position

Long on Pacifica Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.044%−$4 on $10k

Price spread, last 4 days (all we have)−0.007%−$1 · spread now +0.093%, 7d avg +0.062%

Together, before fees−0.051%+ Points / potential airdropPacifica: Active · farm board−$5 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Gate is 0.031% dearer against Pacifica than usual: you sell high and buy low (spread +0.093% now, against its 7-day average of +0.062%): +$3 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 33 hours. At the pace of the last 7 days (−0.044% in total) that is about 5.0 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica TSLA	375.91	0.0100	pay 0.0013% / 1h	11m 13s	$390K	$37K	10x
Short	Gate TSLA_USDT	376.26	0.0024	get 0.0024% / 8h	3h 11m	$2.3M	$3.5M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against Pacifica. 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 PacificabpFee GatebpOrdersPrice spread, now +0.093%Rate

Funding earned: −$15.96
Price spread: +0.093% → +0.062%: $3.14
Slippage, 4 orders: −$18.27
Fee Pacifica: 4 bp × 2 orders: −$8
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$54.09
Costs to cover: 0.413%
Break-even: never at this rate

Slippage from Pacifica: live order book, 42 min ago; Gate: live order book, 2 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 Pacifica live order book, 42 min ago	2.13 bp	6.2 bp −$6	doesn't fit	doesn't fit	doesn't fit
Sell Gate live order book, 2 min ago	0.93 bp	14.0 bp −$14	20.3 bp −$203	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	−0.0855%	4h	376.27	+0.094%	$398K	$1.0M	10x	as long as short
Hotstuff TSLA-PERP	−0.0144%	1h	375.87	−0.011%	$34K	—	20x	as long as short
BloFin TSLA-USDT	−0.0018%	8h	376.29	+0.101%	$578K	$353K	20x	as long as short
Aster TSLAUSDT	0.0000%	8h	376.23	+0.085%	$576K	$198K	50x	as long as short
Extended TSLA_24_5-USD	0.0000%	1h	376.11	+0.054%	$480K	$2.7M	10x	as long as short
Binance TSLAUSDT	0.0000%	8h	376.23	+0.084%	$47.0M	$112.4M	25x	as long as short
Bybit TSLAUSDT	0.0000%	8h	376.21	+0.080%	$10.2M	$15.4M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	376.16	+0.066%	$11.2M	$16.8M	25x	as long as short
RISEx TSLA/USDC	0.0000%	1h	376.20	+0.077%	$289K	$580K	20x	as long as short
Bitget TSLAUSDT	0.0000%	8h	376.21	+0.080%	$17.1M	$22.6M	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	376.39	+0.127%	$1.9M	$1.3M	—	as long as short
StandX TSLA-USD	0.0000%	1h	376.26	+0.093%	$200K	$898K	20x	as long as short
Phemex TSLAUSDT	0.0000%	4h	376.29	+0.101%	$1.1M	$14K	10x	as long as short
Aftermath Perps TSLAUSD	+0.0018%	1h	376.12	+0.056%	$38K	$40K	10x	as long as short
Gate TSLA_USDTshort	+0.0024%	8h	376.26	+0.093%	$2.3M	$3.5M	100x
Lighter RH TSLA	+0.0032%	1h	376.16	+0.066%	$1.2M	$2.5M	20x	as long as short
QFEX TSLA-USD	+0.0033%	1h	376.14	+0.061%	$1.2M	$6.2M	10x	as long as short
Arcus TSLA-USD	+0.0040%	1h	376.02	+0.029%	$133K	$106K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	376.06	+0.040%	—	$128K	25x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	375.88	−0.008%	$44.5M	$14.7M	20x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	376.03	+0.032%	$300K	$309K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	376.13	+0.058%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	376.05	+0.037%	$1.6M	$1.1M	10x	as long as short
Lighter TSLA	+0.0072%	1h	376.16	+0.066%	$838K	$3.7M	20x	as long as short
Coinbase International TSLA-PERP-INTX	+0.0080%	1h	376.13	+0.058%	$511K	$337K	10x	as long as short
Pacifica TSLAlong	+0.0100%	1h	375.91	long leg	$390K	$37K	10x
KuCoin TSLAUSDTM	+0.0100%	8h	376.02	+0.029%	$1.5M	$105K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	376.05	+0.037%	$4K	$62K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	375.92	+0.003%	$41K	$23K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	376.13	+0.059%	$745	—	10x	as long as short
GRVT TSLA_USDT_Perp	+0.0106%	8h	376.39	+0.128%	$844K	$2.8M	10x	as long as short
Bullet TSLA-USD	+0.0132%	1h	376.19	+0.074%	$4K	$90K	10x	as long as short
Deribit TSLA_USDC-PERPETUAL	+0.0176%	1h	376.06	+0.040%	$18K	$192K	10x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	380.11	+1.117%	$79K	$36K	30x	as long as short
Nado TSLA-PERP	+0.0222%	1h	375.94	+0.009%	$489K	$112K	20x	as long as short
Phoenix TSLA	+0.0276%	1h	376.36	+0.120%	$1.3M	$540K	20x	as long as short