Funding arb · Price arb /

TSLA

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0860%/8h= −94.2% APRpaid last 24h −0.128%

Price spread now: edgeX against StandX−0.003%63s7-day average −0.033% · you buy dearer than you sell

Net, funding: paid 7d − costs−$34as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$330.329% of the position

Long on StandX Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.011%−$1 on $10k

Price spread, last 7 days−0.006%−$1 · spread now −0.003%, 7d avg −0.033%

Together, before fees−0.017%+ Points / potential airdropStandX: Active · edgeX: Active · farm board−$2 on $10k · with fees, hour by hour

The price spread pays, funding is against you. edgeX is 0.030% dearer against StandX than usual: you sell high and buy low (spread −0.003% now, against its 7-day average of −0.033%): +$3 on $10k if it goes back. Holding the pair costs −$26 a day in funding at the current rate, which eats that in about 3 hours. At the pace of the last 7 days (−0.011% in total) that is about 19 days. The two prices were read 63 seconds apart, so part of this spread may be the market moving, not a spread.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.011% in total (about -0.6% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	StandX TSLA-USD	375.20	0	get 0.0000% / 1h	0m 26s	$199K	$905K	20x
Short	edgeX TSLAUSDC	375.19	−0.0860	pay 0.0430% / 4h	2h 00m	$397K	$1.0M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against StandX. 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 StandXbpFee edgeXbpOrdersPrice spread, now −0.003%Rate

Funding earned: −$180.6
Price spread: −0.003% → −0.033%: $2.99
Slippage, 4 orders: −$15.87
Fee StandX: 4 bp × 2 orders: −$8
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$210.48
Costs to cover: 0.329%
Break-even: never at this rate

Slippage from StandX: live order book, 23 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 StandX live order book, 23 min ago	2.53 bp	7.6 bp −$8	14.7 bp −$147	doesn't fit	doesn't fit
Sell edgeX live order book, 3 min ago	4.26 bp	9.0 bp −$9	12.1 bp −$121	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	−0.0860%	4h	375.19	−0.003%	$397K	$1.0M	10x
BloFin TSLA-USDT	−0.0026%	8h	375.21	+0.003%	$572K	$339K	20x	as long as short
Aster TSLAUSDT	0.0000%	8h	375.11	−0.024%	$584K	$192K	50x	as long as short
Extended TSLA_24_5-USD	0.0000%	1h	375.14	−0.016%	$477K	$10.6M	10x	as long as short
Binance TSLAUSDT	0.0000%	8h	375.18	−0.005%	$46.9M	$110.0M	25x	as long as short
Bybit TSLAUSDT	0.0000%	8h	375.18	−0.005%	$10.2M	$15.5M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	375.17	−0.008%	$11.2M	$16.8M	25x	as long as short
Gate TSLA_USDT	0.0000%	8h	375.16	−0.011%	$2.3M	$4.2M	100x	as long as short
Bitget TSLAUSDT	0.0000%	8h	375.08	−0.032%	$16.6M	$22.5M	100x	as long as short
Variational Omni TSLA	0.0000%	8h	375.19	−0.003%	$1.8M	$1.1M	—	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
StandX TSLA-USDlong	0.0000%	1h	375.20	long leg	$199K	$905K	20x
Bullet TSLA-USD	0.0000%	1h	375.18	−0.005%	$5K	$91K	10x	as long as short
Deribit TSLA_USDC-PERPETUAL	0.0000%	1h	375.12	−0.021%	$20K	$186K	10x	as long as short
Phemex TSLAUSDT	0.0000%	4h	375.15	−0.013%	$1.1M	$13K	10x	as long as short
Nado TSLA-PERP	+0.0010%	1h	374.99	−0.056%	$484K	$90K	20x	as long as short
Aftermath Perps TSLAUSD	+0.0015%	1h	375.02	−0.049%	$38K	$49K	10x	as long as short
Hotstuff TSLA-PERP	+0.0024%	1h	374.92	−0.075%	$34K	—	20x	as long as short
Lighter TSLA	+0.0032%	1h	375.17	−0.008%	$648K	$3.4M	20x	as long as short
Lighter RH TSLA	+0.0032%	1h	375.16	−0.011%	$1.2M	$2.7M	20x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	375.10	−0.027%	—	$133K	25x	as long as short
QFEX TSLA-USD	+0.0046%	1h	375.18	−0.005%	$1.2M	$7.1M	10x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	374.95	−0.067%	$43.5M	$14.3M	20x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	374.94	−0.069%	$297K	$292K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	375.09	−0.029%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	374.86	−0.091%	$1.6M	$1.0M	10x	as long as short
Pacifica TSLA	+0.0100%	1h	374.95	−0.066%	$389K	$37K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	375.01	−0.051%	$1.5M	$159K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	375.00	−0.053%	$4K	$62K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	375.02	−0.048%	$41K	$20K	20x	as long as short
RISEx TSLA/USDC	+0.0103%	1h	375.29	+0.024%	$175K	$529K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	375.16	−0.010%	$743	—	10x	as long as short
GRVT TSLA_USDT_Perp	+0.0127%	8h	375.27	+0.019%	$847K	$2.9M	10x	as long as short
Coinbase International TSLA-PERP-INTX	+0.0136%	1h	375.11	−0.024%	$529K	$332K	10x	as long as short
Arcus TSLA-USD	+0.0188%	1h	375.02	−0.048%	$153K	$84K	10x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	376.13	+0.248%	$78K	$36K	30x	as long as short
Phoenix TSLA	+0.0384%	1h	375.32	+0.032%	$1.3M	$458K	20x	as long as short