Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.059%

Price spread now: Gate against Phemex+0.016%7-day average +0.020% · you sell dearer than you buy

Net, funding: paid 7d − costs−$74as in the Funding arb table

Net, price: spread back to 7d avg − costs−$91as in the Price arb table

costs, in and out, $10k−$900.903% of the position

Long on Phemex Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days+0.161%+$16 on $10k

Price spread, last 4 days (all we have)+0.043%+$4 · spread now +0.016%, 7d avg +0.020%

Together, before fees+0.204%+$20 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Phemex TSLAUSDT	376.48	0	get 0.0000% / 4h	2h 11m	$1.1M	$14K	10x
Short	Gate TSLA_USDT	376.54	0	get 0.0000% / 8h	2h 11m	$2.3M	$3.6M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now +0.016%Rate

Funding earned: $0
Price spread: +0.016% → +0.020%: −$0.44
Slippage, 4 orders: −$63.31
Fee Phemex: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$90.75
Costs to cover: 0.903%
Break-even: never at this rate

Slippage from Phemex: live order book, 1 min ago; Gate: live order book, 1 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 Phemex live order book, 1 min ago	0.40 bp	29.8 bp −$30	doesn't fit	doesn't fit	doesn't fit
Sell Gate live order book, 1 min ago	0.93 bp	14.4 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	−0.0672%	4h	376.20	−0.075%	$398K	$1.0M	10x	as long as short
Hotstuff TSLA-PERP	−0.0040%	1h	375.84	−0.170%	$34K	—	20x	as long as short
BloFin TSLA-USDT	−0.0026%	8h	376.46	−0.005%	$574K	$354K	20x	as long as short
Aster TSLAUSDT	0.0000%	8h	376.48	+0.001%	$575K	$199K	50x	as long as short
Extended TSLA_24_5-USD	0.0000%	1h	376.47	−0.001%	$479K	$2.7M	10x	as long as short
Binance TSLAUSDT	0.0000%	8h	376.58	+0.027%	$47.3M	$113.1M	25x	as long as short
Bybit TSLAUSDT	0.0000%	8h	376.53	+0.013%	$10.2M	$15.4M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	376.53	+0.013%	$11.2M	$16.9M	25x	as long as short
Gate TSLA_USDTshort	0.0000%	8h	376.54	+0.016%	$2.3M	$3.6M	100x
Bitget TSLAUSDT	0.0000%	8h	376.46	−0.005%	$17.1M	$22.7M	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	376.23	−0.066%	$1.9M	$1.3M	—	as long as short
StandX TSLA-USD	0.0000%	1h	376.08	−0.106%	$200K	$917K	20x	as long as short
Phemex TSLAUSDTlong	0.0000%	4h	376.48	long leg	$1.1M	$14K	10x
Aftermath Perps TSLAUSD	+0.0020%	1h	376.01	−0.125%	$38K	$39K	10x	as long as short
Lighter RH TSLA	+0.0032%	1h	376.45	−0.008%	$1.3M	$2.6M	20x	as long as short
Arcus TSLA-USD	+0.0040%	1h	376.04	−0.117%	$135K	$107K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	376.39	−0.024%	—	$125K	25x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	376.29	−0.050%	$44.5M	$14.8M	20x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	376.28	−0.053%	$301K	$307K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	376.49	+0.003%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	375.91	−0.151%	$1.6M	$1.1M	10x	as long as short
QFEX TSLA-USD	+0.0052%	1h	376.51	+0.008%	$1.2M	$6.2M	10x	as long as short
RISEx TSLA/USDC	+0.0054%	1h	376.58	+0.027%	$217K	$618K	20x	as long as short
Pacifica TSLA	+0.0100%	1h	376.18	−0.080%	$390K	$36K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	376.22	−0.069%	$1.5M	$108K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	375.94	−0.143%	$4K	$62K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	376.54	+0.016%	$41K	$23K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	376.47	−0.001%	$745	—	10x	as long as short
Coinbase International TSLA-PERP-INTX	+0.0112%	1h	376.13	−0.093%	$511K	$337K	10x	as long as short
Lighter TSLA	+0.0120%	1h	376.50	+0.005%	$829K	$3.7M	20x	as long as short
GRVT TSLA_USDT_Perp	+0.0167%	8h	376.29	−0.049%	$854K	$2.8M	10x	as long as short
Bullet TSLA-USD	+0.0178%	1h	376.59	+0.030%	$4K	$90K	10x	as long as short
Deribit TSLA_USDC-PERPETUAL	+0.0202%	1h	376.41	−0.019%	$18K	$193K	10x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	379.54	+0.813%	$79K	$36K	30x	as long as short
Nado TSLA-PERP	+0.0237%	1h	376.31	−0.046%	$488K	$110K	20x	as long as short
Phoenix TSLA	+0.0298%	1h	376.28	−0.053%	$1.3M	$528K	20x	as long as short