Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0065%/8h= −7.1% APRpaid last 24h −0.004%

Price spread now: BloFin against RISEx−0.053%7-day average −0.011% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$27as in the Price arb table

costs, in and out, $10k−$220.224% of the position

Long on RISEx Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.028%+$3 on $10k

Price spread, last 3 days (all we have)+0.058%+$6 · spread now −0.053%, 7d avg −0.011%

Together, before fees+0.085%+$9 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 BloFin is 0.042% cheaper against RISEx than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.011%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	RISEx TSLA/USDC	376.79	0.0079	pay 0.0010% / 1h	2m 45s	$292K	$598K	20x
Short	BloFin TSLA-USDT	376.59	0.0014	get 0.0014% / 8h	7h 02m	$573K	$339K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against RISEx. 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 RISExbpFee BloFinbpOrdersPrice spread, now −0.053%Rate

Funding earned: −$13.69
Price spread: −0.053% → −0.011%: −$4.18
Slippage, 4 orders: −$4.41
Fee RISEx: 3 bp × 2 orders: −$6
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$40.28
Costs to cover: 0.224%
Break-even: never at this rate

Slippage from RISEx: live order book, 6 min ago; BloFin: live order book, 4 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 RISEx live order book, 6 min ago	1.73 bp	4.7 bp −$5	5.1 bp −$51	doesn't fit	doesn't fit
Sell BloFin live order book, 4 min ago	0.13 bp	6.2 bp −$6	8.2 bp −$82	21.6 bp −$2,158	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	−0.0083%	4h	376.55	−0.064%	$398K	$1.0M	10x	as long as short
Aster TSLAUSDT	0.0000%	8h	376.58	−0.055%	$577K	$195K	50x	as long as short
Extended TSLA_24_5-USD	0.0000%	1h	376.73	−0.017%	$479K	$10.8M	10x	as long as short
Binance TSLAUSDT	0.0000%	8h	376.81	+0.005%	$47.1M	$109.4M	25x	as long as short
Bybit TSLAUSDT	0.0000%	8h	376.80	+0.003%	$10.2M	$15.5M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	376.72	−0.019%	$11.2M	$16.6M	25x	as long as short
Gate TSLA_USDT	0.0000%	8h	376.80	+0.003%	$2.3M	$4.0M	100x	as long as short
Bitget TSLAUSDT	0.0000%	8h	376.69	−0.027%	$16.9M	$22.7M	100x	as long as short
Variational Omni TSLA	0.0000%	8h	376.72	−0.020%	$1.9M	$1.3M	—	as long as short
StandX TSLA-USD	0.0000%	1h	376.77	−0.005%	$200K	$904K	20x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit TSLA_USDC-PERPETUAL	0.0000%	1h	376.73	−0.016%	$20K	$186K	10x	as long as short
Phemex TSLAUSDT	0.0000%	4h	376.74	−0.013%	$1.1M	$13K	10x	as long as short
Aftermath Perps TSLAUSD	+0.0010%	1h	376.44	−0.093%	$39K	$46K	10x	as long as short
BloFin TSLA-USDTshort	+0.0014%	8h	376.59	−0.053%	$573K	$339K	20x
QFEX TSLA-USD	+0.0028%	1h	376.65	−0.037%	$1.2M	$6.9M	10x	as long as short
Lighter TSLA	+0.0032%	1h	376.79	0.000%	$830K	$3.6M	20x	as long as short
Lighter RH TSLA	+0.0032%	1h	376.84	+0.013%	$1.2M	$2.6M	20x	as long as short
Arcus TSLA-USD	+0.0040%	1h	376.60	−0.050%	$163K	$93K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	376.72	−0.019%	—	$133K	25x	as long as short
Coinbase International TSLA-PERP-INTX	+0.0048%	1h	375.11	−0.446%	$529K	$307K	10x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	376.57	−0.058%	$44.3M	$14.1M	20x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	376.53	−0.069%	$301K	$310K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	376.73	−0.016%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	376.45	−0.090%	$1.5M	$1.1M	10x	as long as short
Bullet TSLA-USD	+0.0074%	1h	376.78	−0.003%	$6K	$92K	10x	as long as short
RISEx TSLA/USDClong	+0.0079%	1h	376.79	long leg	$292K	$598K	20x
Pacifica TSLA	+0.0100%	1h	376.57	−0.058%	$390K	$38K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	376.52	−0.072%	$1.5M	$106K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	376.47	−0.085%	$4K	$62K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	376.77	−0.005%	$41K	$20K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	376.67	−0.032%	$746	—	10x	as long as short
Nado TSLA-PERP	+0.0132%	1h	376.64	−0.040%	$490K	$112K	20x	as long as short
Hotstuff TSLA-PERP	+0.0152%	1h	376.50	−0.077%	$34K	—	20x	as long as short
GRVT TSLA_USDT_Perp	+0.0175%	8h	376.75	−0.010%	$850K	$2.7M	10x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	377.21	+0.111%	$78K	$36K	30x	as long as short
Phoenix TSLA	+0.0277%	1h	376.82	+0.008%	$1.3M	$547K	20x	as long as short