Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0268%/8h= −29.4% APRpaid last 24h −0.173%

Price spread now: edgeX against RISEx−0.030%55s7-day average −0.022% · 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—prices read too far apart to compare

costs, in and out, $10k−$250.253% of the position

Long on RISEx Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.440%−$44 on $10k

Price spread, last 4 days (all we have)−0.118%−$12 · spread now −0.030%, 7d avg −0.022%

Together, before fees−0.558%+ Points / potential airdropedgeX: Active · farm board−$56 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.022%, so right now this pair is about funding alone: −$8 a day on $10k at the current rate. The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	RISEx TSLA/USDC	376.75	0	get 0.0000% / 1h	40m 24s	$290K	$587K	20x
Short	edgeX TSLAUSDC	376.63	−0.0268	pay 0.0134% / 4h	40m 24s	$398K	$1.0M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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 edgeXbpOrdersPrice spread, now −0.030%Rate

Funding earned: −$56.29
Price spread: −0.030% → −0.022%: −$0.8
Slippage, 4 orders: −$10.28
Fee RISEx: 3 bp × 2 orders: −$6
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$82.37
Costs to cover: 0.253%
Break-even: never at this rate

Slippage from RISEx: live order book, 18 min ago; edgeX: live order book, 3 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, 18 min ago	0.53 bp	3.5 bp −$4	4.6 bp −$46	doesn't fit	doesn't fit
Sell edgeX live order book, 3 min ago	4.38 bp	9.1 bp −$9	12.0 bp −$120	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 TSLAUSDCshort	−0.0268%	4h	376.63	−0.030%	$398K	$1.0M	10x
BloFin TSLA-USDT	−0.0013%	8h	376.72	−0.007%	$576K	$353K	20x	as long as short
Aster TSLAUSDT	0.0000%	8h	376.77	+0.006%	$577K	$196K	50x	as long as short
Extended TSLA_24_5-USD	0.0000%	1h	376.61	−0.036%	$480K	$4.7M	10x	as long as short
Binance TSLAUSDT	0.0000%	8h	376.71	−0.010%	$47.3M	$111.1M	25x	as long as short
Bybit TSLAUSDT	0.0000%	8h	376.76	+0.004%	$10.3M	$15.4M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	376.64	−0.028%	$11.2M	$16.9M	25x	as long as short
RISEx TSLA/USDClong	0.0000%	1h	376.75	long leg	$290K	$587K	20x
Bitget TSLAUSDT	0.0000%	8h	376.64	−0.028%	$17.0M	$23.1M	100x	as long as short
Variational Omni TSLA	0.0000%	8h	376.64	−0.029%	$1.9M	$1.4M	—	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
StandX TSLA-USD	0.0000%	1h	376.70	−0.012%	$200K	$906K	20x	as long as short
Deribit TSLA_USDC-PERPETUAL	0.0000%	1h	376.63	−0.031%	$20K	$188K	10x	as long as short
Phemex TSLAUSDT	0.0000%	4h	376.69	−0.015%	$1.1M	$14K	10x	as long as short
Aftermath Perps TSLAUSD	+0.0017%	1h	376.46	−0.076%	$38K	$42K	10x	as long as short
Lighter TSLA	+0.0032%	1h	376.71	−0.009%	$817K	$3.6M	20x	as long as short
Lighter RH TSLA	+0.0032%	1h	376.69	−0.015%	$1.2M	$2.5M	20x	as long as short
QFEX TSLA-USD	+0.0038%	1h	376.64	−0.028%	$1.2M	$6.5M	10x	as long as short
Arcus TSLA-USD	+0.0040%	1h	376.32	−0.113%	$162K	$96K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	376.73	−0.004%	—	$130K	25x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	376.43	−0.084%	$44.3M	$14.3M	20x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	376.44	−0.081%	$301K	$309K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	376.61	−0.036%	$4K	$3K	10x	as long as short
Bullet TSLA-USD	+0.0050%	1h	376.72	−0.008%	$6K	$92K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	376.32	−0.113%	$1.6M	$1.1M	10x	as long as short
Coinbase International TSLA-PERP-INTX	+0.0056%	1h	377.04	+0.078%	$513K	$331K	10x	as long as short
GRVT TSLA_USDT_Perp	+0.0072%	8h	376.64	−0.028%	$843K	$2.8M	10x	as long as short
Hotstuff TSLA-PERP	+0.0088%	1h	376.43	−0.084%	$34K	—	20x	as long as short
Pacifica TSLA	+0.0100%	1h	376.57	−0.046%	$390K	$38K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	376.64	−0.028%	$1.5M	$105K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	376.44	−0.081%	$4K	$62K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	376.58	−0.044%	$41K	$23K	20x	as long as short
Gate TSLA_USDT	+0.0101%	8h	376.68	−0.017%	$2.3M	$3.6M	100x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	376.60	−0.039%	$746	—	10x	as long as short
Nado TSLA-PERP	+0.0151%	1h	376.64	−0.029%	$490K	$112K	20x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	377.69	+0.251%	$79K	$36K	30x	as long as short
Phoenix TSLA	+0.0255%	1h	376.45	−0.078%	$1.3M	$539K	20x	as long as short