Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.016%

Price spread now: Bitget against tradeXYZ+0.035%7-day average +0.084% · you sell dearer than you buy

Net, funding: paid 7d − costs−$46as in the Funding arb table

Net, price: spread back to 7d avg − costs−$40as in the Price arb table

costs, in and out, $10k−$350.353% of the position

Long on tradeXYZ Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.106%−$11 on $10k

Price spread, last 7 days+0.007%+$1 · spread now +0.035%, 7d avg +0.084%

Together, before fees−0.099%+ Points / potential airdroptradeXYZ: Active · farm board−$10 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 Bitget is 0.049% cheaper against tradeXYZ than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.084%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	tradeXYZ xyz:TSLA	376.69	0.0050	pay 0.0006% / 1h	1m 35s	$44.3M	$14.1M	20x
Short	Bitget TSLAUSDT	376.82	0	get 0.0000% / 8h	7h 01m	$16.9M	$22.7M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against tradeXYZ. 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 tradeXYZbpFee BitgetbpOrdersPrice spread, now +0.035%Rate

Funding earned: −$10.5
Price spread: +0.035% → +0.084%: −$4.91
Slippage, 4 orders: −$5.29
Fee tradeXYZ: 9 bp × 2 orders: −$18
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$50.71
Costs to cover: 0.353%
Break-even: never at this rate

Slippage from tradeXYZ: live order book, 8 min ago; Bitget: live order book, 2 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 tradeXYZ live order book, 8 min ago	0.66 bp	10.0 bp −$10	10.9 bp −$109	doesn't fit	doesn't fit
Sell Bitget live order book, 2 min ago	0.40 bp	7.2 bp −$7	11.0 bp −$110	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 TSLAUSDC	−0.0868%	4h	376.68	−0.004%	$398K	$1.0M	10x	as long as short
Aster TSLAUSDT	0.0000%	8h	376.68	−0.004%	$577K	$195K	50x	as long as short
Extended TSLA_24_5-USD	0.0000%	1h	376.82	+0.034%	$481K	$10.8M	10x	as long as short
Binance TSLAUSDT	0.0000%	8h	376.93	+0.064%	$47.2M	$109.4M	25x	as long as short
Bybit TSLAUSDT	0.0000%	8h	376.93	+0.064%	$10.2M	$15.5M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	376.82	+0.035%	$11.3M	$16.6M	25x	as long as short
Gate TSLA_USDT	0.0000%	8h	376.91	+0.058%	$2.3M	$4.0M	100x	as long as short
Bitget TSLAUSDTshort	0.0000%	8h	376.82	+0.035%	$16.9M	$22.7M	100x
Variational Omni TSLA	0.0000%	8h	376.72	+0.007%	$1.9M	$1.3M	—	as long as short
StandX TSLA-USD	0.0000%	1h	376.82	+0.035%	$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	376.80	+0.029%	$20K	$186K	10x	as long as short
Phemex TSLAUSDT	0.0000%	4h	376.80	+0.029%	$1.1M	$13K	10x	as long as short
Aftermath Perps TSLAUSD	+0.0010%	1h	376.45	−0.063%	$39K	$46K	10x	as long as short
BloFin TSLA-USDT	+0.0014%	8h	376.59	−0.027%	$573K	$339K	20x	as long as short
QFEX TSLA-USD	+0.0028%	1h	376.77	+0.021%	$1.2M	$6.9M	10x	as long as short
Lighter TSLA	+0.0032%	1h	376.92	+0.061%	$831K	$3.6M	20x	as long as short
Lighter RH TSLA	+0.0032%	1h	376.94	+0.066%	$1.2M	$2.6M	20x	as long as short
Arcus TSLA-USD	+0.0040%	1h	376.65	−0.011%	$163K	$93K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	376.78	+0.024%	—	$133K	25x	as long as short
Coinbase International TSLA-PERP-INTX	+0.0048%	1h	375.11	−0.419%	$529K	$307K	10x	as long as short
tradeXYZ xyz:TSLAlong	+0.0050%	1h	376.69	long leg	$44.3M	$14.1M	20x
Polymarket Perps TSLA-USD	+0.0050%	1h	376.63	−0.016%	$301K	$310K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	376.79	+0.027%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	376.72	+0.008%	$1.5M	$1.1M	10x	as long as short
Bullet TSLA-USD	+0.0072%	1h	376.80	+0.029%	$6K	$92K	10x	as long as short
RISEx TSLA/USDC	+0.0079%	1h	376.91	+0.058%	$292K	$598K	20x	as long as short
Pacifica TSLA	+0.0100%	1h	376.69	0.000%	$390K	$38K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	376.61	−0.021%	$1.5M	$106K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	376.60	−0.024%	$4K	$61K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	376.77	+0.021%	$41K	$20K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	376.72	+0.008%	$746	—	10x	as long as short
Nado TSLA-PERP	+0.0132%	1h	376.69	+0.001%	$490K	$112K	20x	as long as short
GRVT TSLA_USDT_Perp	+0.0175%	8h	376.75	+0.017%	$850K	$2.7M	10x	as long as short
Hotstuff TSLA-PERP	+0.0192%	1h	376.71	+0.005%	$34K	—	20x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	377.21	+0.138%	$78K	$36K	30x	as long as short
Phoenix TSLA	+0.0277%	1h	376.82	+0.035%	$1.3M	$547K	20x	as long as short