Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.014%

Price spread now: KuCoin against RISEx−0.032%7-day average −0.056% · 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−$75as in the Price arb table

costs, in and out, $10k−$780.775% of the position

Long on RISEx Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.031%+$3 on $10k

Price spread, last 4 days (all we have)−0.003%$0 · spread now −0.032%, 7d avg −0.056%

Together, before fees+0.029%+$3 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.024% dearer against RISEx than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.056%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	RISEx TSLA/USDC	377.44	0	get 0.0000% / 1h	51m 17s	$290K	$598K	20x
Short	KuCoin TSLAUSDTM	377.32	0.0100	get 0.0100% / 8h	5h 51m	$1.5M	$104K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now −0.032%Rate

Funding earned: $21
Price spread: −0.032% → −0.056%: $2.43
Slippage, 4 orders: −$59.54
Fee RISEx: 3 bp × 2 orders: −$6
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$54.12
Costs to cover: 0.775%
Break-even: 25.0 days

Slippage from RISEx: live order book, 12 min ago; KuCoin: 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, 12 min ago	0.13 bp	3.1 bp −$3	4.2 bp −$42	doesn't fit	doesn't fit
Sell KuCoin live order book, 4 min ago	2.92 bp	36.2 bp −$36	doesn't fit	doesn't fit	doesn't fit

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	−0.0072%	4h	377.37	−0.019%	$399K	$1.0M	10x	as long as short
Aster TSLAUSDT	0.0000%	8h	377.49	+0.014%	$578K	$196K	50x	as long as short
Extended TSLA_24_5-USD	0.0000%	1h	377.35	−0.023%	$479K	$7.9M	10x	as long as short
Binance TSLAUSDT	0.0000%	8h	377.46	+0.005%	$47.4M	$110.5M	25x	as long as short
Bybit TSLAUSDT	0.0000%	8h	377.56	+0.032%	$10.3M	$15.5M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	377.36	−0.021%	$11.2M	$16.8M	25x	as long as short
RISEx TSLA/USDClong	0.0000%	1h	377.44	long leg	$290K	$598K	20x
Bitget TSLAUSDT	0.0000%	8h	377.43	−0.003%	$17.0M	$22.9M	100x	as long as short
Variational Omni TSLA	0.0000%	8h	377.45	+0.003%	$1.9M	$1.4M	—	as long as short
GRVT TSLA_USDT_Perp	0.0000%	8h	377.59	+0.040%	$851K	$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	377.38	−0.016%	$200K	$908K	20x	as long as short
Deribit TSLA_USDC-PERPETUAL	0.0000%	1h	377.24	−0.053%	$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 TSLAUSDT	0.0000%	4h	377.51	+0.019%	$1.1M	$15K	10x	as long as short
Aftermath Perps TSLAUSD	+0.0008%	1h	377.22	−0.057%	$38K	$44K	10x	as long as short
QFEX TSLA-USD	+0.0019%	1h	377.32	−0.032%	$1.2M	$6.6M	10x	as long as short
Lighter TSLA	+0.0032%	1h	377.44	0.000%	$824K	$3.6M	20x	as long as short
Lighter RH TSLA	+0.0032%	1h	377.46	+0.005%	$1.2M	$2.6M	20x	as long as short
Bullet TSLA-USD	+0.0038%	1h	377.48	+0.012%	$5K	$92K	10x	as long as short
Arcus TSLA-USD	+0.0040%	1h	377.34	−0.026%	$162K	$95K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	377.48	+0.011%	—	$130K	25x	as long as short
tradeXYZ xyz:TSLA	+0.0047%	1h	377.20	−0.064%	$44.4M	$14.3M	20x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	377.32	−0.032%	$301K	$310K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	377.40	−0.011%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	377.17	−0.072%	$1.5M	$1.1M	10x	as long as short
Hotstuff TSLA-PERP	+0.0064%	1h	377.17	−0.072%	$34K	—	20x	as long as short
Gate TSLA_USDT	+0.0091%	8h	377.45	+0.003%	$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 TSLAUSDTMshort	+0.0100%	8h	377.32	−0.032%	$1.5M	$104K	20x
ApeX Omni TSLAUSDT	+0.0100%	1h	377.34	−0.026%	$4K	$62K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	377.38	−0.016%	$41K	$22K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	377.37	−0.019%	$747	—	10x	as long as short
Nado TSLA-PERP	+0.0122%	1h	377.34	−0.026%	$491K	$112K	20x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	378.43	+0.262%	$79K	$36K	30x	as long as short
Phoenix TSLA	+0.0254%	1h	377.52	+0.021%	$1.3M	$539K	20x	as long as short