Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC−0.0175%/8h= −19.1% APRpaid last 24h −0.021%

Price spread now: Bybit against RISEx+0.008%7-day average +0.003% · you sell dearer than you buy

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

Net, price: spread back to 7d avg − costs−$25as in the Price arb table

costs, in and out, $10k−$250.251% of the position

Long on RISEx Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.032%−$3 on $10k

Price spread, last 4 days (all we have)+0.005%$0 · spread now +0.008%, 7d avg +0.003%

Together, before fees−0.027%−$3 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.003%, so right now this pair is about funding alone: −$5 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	RISEx TSLA/USDC	376.80	0.0175	pay 0.0022% / 1h	17m 34s	$226K	$656K	20x
Short	Bybit TSLAUSDT	376.83	0	get 0.0000% / 8h	6h 17m	$10.1M	$14.0M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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 BybitbpOrdersPrice spread, now +0.008%Rate

Funding earned: −$36.68
Price spread: +0.008% → +0.003%: $0.48
Slippage, 4 orders: −$8.07
Fee RISEx: 3 bp × 2 orders: −$6
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$61.27
Costs to cover: 0.251%
Break-even: never at this rate

Slippage from RISEx: live order book, 34 min ago; Bybit: 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, 34 min ago	1.20 bp	4.2 bp −$4	5.6 bp −$56	doesn't fit	doesn't fit
Sell Bybit live order book, 4 min ago	0.66 bp	8.4 bp −$8	12.5 bp −$125	doesn't fit	doesn't fit

TSLA on 36 exchanges

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	−0.0063%	4h	376.68	−0.033%	$396K	$1.1M	10x	as long as short
Hotstuff TSLA-PERP	−0.0032%	1h	376.47	−0.088%	$34K	—	20x	as long as short
Bybit TSLAUSDTshort	0.0000%	8h	376.83	+0.008%	$10.1M	$14.0M	100x
OKX TSLA-USDT-SWAP	0.0000%	8h	376.82	+0.005%	$11.3M	$15.4M	25x	as long as short
Gate TSLA_USDT	0.0000%	8h	376.83	+0.008%	$2.3M	$3.2M	100x	as long as short
Bitget TSLAUSDT	0.0000%	8h	376.73	−0.019%	$17.2M	$23.7M	100x	as long as short
StandX TSLA-USD	0.0000%	1h	376.55	−0.066%	$200K	$958K	20x	as long as short
Phemex TSLAUSDT	0.0000%	4h	376.80	0.000%	$1.1M	$14K	10x	as long as short
Aftermath Perps TSLAUSD	+0.0023%	1h	376.59	−0.057%	$38K	$36K	10x	as long as short
Lighter RH TSLA	+0.0032%	1h	376.67	−0.035%	$1.2M	$2.5M	20x	as long as short

Show all 36 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Arcus TSLA-USD	+0.0040%	1h	376.56	−0.064%	$132K	$85K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	376.65	−0.040%	—	$126K	25x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	376.47	−0.088%	$44.7M	$14.8M	20x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	376.51	−0.077%	$300K	$144K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	376.72	−0.021%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	376.34	−0.122%	$1.5M	$1.1M	10x	as long as short
QFEX TSLA-USD	+0.0053%	1h	376.68	−0.032%	$1.3M	$6.2M	10x	as long as short
Deribit TSLA_USDC-PERPETUAL	+0.0069%	1h	376.55	−0.066%	$18K	$191K	10x	as long as short
Lighter TSLA	+0.0088%	1h	376.69	−0.029%	$805K	$3.7M	20x	as long as short
Pacifica TSLA	+0.0100%	1h	376.45	−0.093%	$390K	$36K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	376.47	−0.088%	$1.4M	$3.3M	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	376.51	−0.077%	$4K	$61K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	376.50	−0.080%	$41K	$25K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	376.76	−0.010%	$746	—	10x	as long as short
Coinbase International TSLA-PERP-INTX	+0.0120%	1h	376.58	−0.058%	$517K	$387K	10x	as long as short
Aster TSLAUSDT	+0.0142%	8h	376.81	+0.003%	$575K	$190K	50x	as long as short
RISEx TSLA/USDClong	+0.0175%	1h	376.80	long leg	$226K	$656K	20x
Variational Omni TSLA	+0.0180%	8h	376.75	−0.014%	$1.7M	$1.5M	—	as long as short
BloFin TSLA-USDT	+0.0182%	8h	376.75	−0.013%	$584K	$367K	20x	as long as short
Binance TSLAUSDT	+0.0199%	8h	376.76	−0.011%	$47.2M	$115.1M	25x	as long as short
Bullet TSLA-USD	+0.0199%	1h	376.79	−0.002%	$6K	$94K	10x	as long as short
Extended TSLA_24_5-USD	+0.0200%	1h	376.66	−0.038%	$484K	$2.7M	10x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	377.30	+0.133%	$76K	$39K	30x	as long as short
Nado TSLA-PERP	+0.0231%	1h	376.47	−0.086%	$499K	$99K	20x	as long as short
Phoenix TSLA	+0.0297%	1h	376.78	−0.005%	$1.3M	$502K	20x	as long as short
GRVT TSLA_USDT_Perp	+0.0682%	8h	376.83	+0.008%	$849K	$2.9M	10x	as long as short