Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0104%/8h= +11.4% APRpaid last 24h +0.031%

Price spread now: Aevo against Phemex−0.018%7-day average — · you buy dearer than you sell

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

Long on Phemex Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

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

Together, before fees—needs both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Phemex TSLAUSDT	377.44	0	get 0.0000% / 4h	1h 56m	$1.1M	$15K	10x
Short	Aevo TSLA-PERP	377.37	0.0104	get 0.0013% / 1h	56m 53s	$747	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Phemex. 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 PhemexbpFee AevobpOrdersPrice spread, now −0.018%Rate

Funding earned: $21.84
Price spread: −0.018% → 0.000%: −$1.75
Slippage, 4 orders: no order book: not counted
Fee Phemex: 6 bp × 2 orders: −$12
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$7.91
Costs to cover: 0.280%
Break-even: 9.5 days

Slippage unknown: Phemex: live order book, 1 min ago; Aevo: 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 Phemex live order book, 1 min ago	0.53 bp	34.7 bp −$35	doesn't fit	doesn't fit	doesn't fit
Sell Aevo no order-book sample	—	—	—	—	—

Aevo: 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 35 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	−0.0179%	4h	377.21	−0.060%	$398K	$1.0M	10x	as long as short
Aster TSLAUSDT	0.0000%	8h	377.46	+0.006%	$578K	$196K	50x	as long as short
Extended TSLA_24_5-USD	0.0000%	1h	377.45	+0.003%	$479K	$8.3M	10x	as long as short
Binance TSLAUSDT	0.0000%	8h	377.54	+0.025%	$47.4M	$110.5M	25x	as long as short
Bybit TSLAUSDT	0.0000%	8h	377.61	+0.045%	$10.3M	$15.5M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	377.50	+0.016%	$11.2M	$16.8M	25x	as long as short
RISEx TSLA/USDC	0.0000%	1h	377.44	+0.001%	$290K	$599K	20x	as long as short
Bitget TSLAUSDT	0.0000%	8h	377.44	0.000%	$17.0M	$22.9M	100x	as long as short
Variational Omni TSLA	0.0000%	8h	377.25	−0.051%	$1.9M	$1.4M	—	as long as short
GRVT TSLA_USDT_Perp	0.0000%	8h	377.38	−0.015%	$852K	$2.8M	10x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
StandX TSLA-USD	0.0000%	1h	377.36	−0.021%	$200K	$908K	20x	as long as short
Deribit TSLA_USDC-PERPETUAL	0.0000%	1h	377.36	−0.021%	$20K	$187K	10x	as long as short
Coinbase International TSLA-PERP-INTX	0.0000%	1h	377.33	−0.029%	$513K	$328K	10x	as long as short
Phemex TSLAUSDTlong	0.0000%	4h	377.44	long leg	$1.1M	$15K	10x
Aftermath Perps TSLAUSD	+0.0008%	1h	377.17	−0.072%	$38K	$44K	10x	as long as short
QFEX TSLA-USD	+0.0019%	1h	377.36	−0.021%	$1.3M	$6.6M	10x	as long as short
Lighter TSLA	+0.0032%	1h	377.50	+0.016%	$824K	$3.5M	20x	as long as short
Lighter RH TSLA	+0.0032%	1h	377.54	+0.026%	$1.2M	$2.6M	20x	as long as short
Arcus TSLA-USD	+0.0040%	1h	377.20	−0.064%	$161K	$95K	10x	as long as short
Bullet TSLA-USD	+0.0043%	1h	377.49	+0.012%	$5K	$92K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	377.40	−0.011%	—	$130K	25x	as long as short
Hotstuff TSLA-PERP	+0.0048%	1h	376.92	−0.138%	$34K	—	20x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	377.29	−0.040%	$44.4M	$14.2M	20x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	377.24	−0.053%	$301K	$310K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	377.41	−0.008%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	377.08	−0.095%	$1.5M	$1.1M	10x	as long as short
Gate TSLA_USDT	+0.0079%	8h	377.50	+0.016%	$2.3M	$3.7M	100x	as long as short
Pacifica TSLA	+0.0100%	1h	377.28	−0.042%	$391K	$37K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	377.27	−0.045%	$1.5M	$105K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	377.14	−0.079%	$4K	$62K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	377.28	−0.042%	$41K	$22K	20x	as long as short
Aevo TSLA-PERPshort	+0.0104%	1h	377.37	−0.018%	$747	—	10x
Nado TSLA-PERP	+0.0122%	1h	377.21	−0.060%	$490K	$112K	20x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	378.01	+0.151%	$79K	$36K	30x	as long as short
Phoenix TSLA	+0.0255%	1h	377.44	0.000%	$1.3M	$539K	20x	as long as short