Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0015%/8h= −1.6% APRpaid last 24h −0.008%

Price spread now: BloFin against tradeXYZ+0.077%7-day average +0.069% · you sell dearer than you buy

Net, funding: paid 7d − costs−$30as in the Funding arb table

Net, price: spread back to 7d avg − costs−$33as in the Price arb table

costs, in and out, $10k−$340.335% of the position

Long on tradeXYZ Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.037%+$4 on $10k

Price spread, last 4 days (all we have)−0.055%−$5 · spread now +0.077%, 7d avg +0.069%

Together, before fees−0.018%+ Points / potential airdroptradeXYZ: Active · farm board−$2 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.069%, so right now this pair is about funding alone: $0 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	tradeXYZ xyz:TSLA	377.20	0.0042	pay 0.0005% / 1h	46m 40s	$44.4M	$14.3M	20x
Short	BloFin TSLA-USDT	377.49	0.0027	get 0.0027% / 8h	5h 46m	—	$341K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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 BloFinbpOrdersPrice spread, now +0.077%Rate

Funding earned: −$3.11
Price spread: +0.077% → +0.069%: $0.76
Slippage, 4 orders: −$3.54
Fee tradeXYZ: 9 bp × 2 orders: −$18
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$35.89
Costs to cover: 0.335%
Break-even: never at this rate

Slippage from tradeXYZ: live order book, 3 min ago; BloFin: live order book, 80 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, 3 min ago	0.53 bp	10.1 bp −$10	12.2 bp −$122	doesn't fit	doesn't fit
Sell BloFin live order book, 80 min ago	0.13 bp	6.2 bp −$6	8.2 bp −$82	21.6 bp −$2,158	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	−0.0381%	4h	377.40	+0.052%	$399K	$1.0M	10x	as long as short
Aster TSLAUSDT	0.0000%	8h	377.51	+0.083%	$578K	$196K	50x	as long as short
Extended TSLA_24_5-USD	0.0000%	1h	377.41	+0.056%	$479K	$7.7M	10x	as long as short
Binance TSLAUSDT	0.0000%	8h	377.49	+0.077%	$47.4M	$110.5M	25x	as long as short
Bybit TSLAUSDT	0.0000%	8h	377.57	+0.098%	$10.3M	$15.5M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	377.47	+0.072%	$11.2M	$16.8M	25x	as long as short
RISEx TSLA/USDC	0.0000%	1h	377.52	+0.085%	$290K	$598K	20x	as long as short
Bitget TSLAUSDT	0.0000%	8h	377.43	+0.061%	$17.0M	$22.9M	100x	as long as short
Variational Omni TSLA	0.0000%	8h	377.41	+0.056%	$1.9M	$1.4M	—	as long as short
GRVT TSLA_USDT_Perp	0.0000%	8h	377.55	+0.093%	$851K	$2.8M	10x	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	377.38	+0.048%	$200K	$908K	20x	as long as short
Deribit TSLA_USDC-PERPETUAL	0.0000%	1h	377.29	+0.024%	$20K	$187K	10x	as long as short
Coinbase International TSLA-PERP-INTX	0.0000%	1h	377.33	+0.034%	$513K	$328K	10x	as long as short
Phemex TSLAUSDT	0.0000%	4h	377.45	+0.066%	$1.1M	$15K	10x	as long as short
Aftermath Perps TSLAUSD	+0.0008%	1h	377.24	+0.012%	$38K	$44K	10x	as long as short
QFEX TSLA-USD	+0.0019%	1h	377.37	+0.045%	$1.2M	$6.6M	10x	as long as short
Bullet TSLA-USD	+0.0027%	1h	377.51	+0.082%	$5K	$92K	10x	as long as short
BloFin TSLA-USDTshort	+0.0027%	8h	377.49	+0.077%	—	$341K	20x
Lighter TSLA	+0.0032%	1h	377.47	+0.072%	$824K	$3.6M	20x	as long as short
Lighter RH TSLA	+0.0032%	1h	377.48	+0.074%	$1.2M	$2.6M	20x	as long as short
Arcus TSLA-USD	+0.0040%	1h	377.35	+0.040%	$162K	$95K	10x	as long as short
tradeXYZ xyz:TSLAlong	+0.0042%	1h	377.20	long leg	$44.4M	$14.3M	20x
Vest TSLA-USD-PERP	+0.0046%	1h	377.48	+0.074%	—	$130K	25x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	377.30	+0.027%	$301K	$310K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	377.39	+0.050%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	377.30	+0.027%	$1.5M	$1.1M	10x	as long as short
Hotstuff TSLA-PERP	+0.0056%	1h	377.14	−0.016%	$34K	—	20x	as long as short
Gate TSLA_USDT	+0.0099%	8h	377.47	+0.072%	$2.3M	$3.7M	100x	as long as short
Pacifica TSLA	+0.0100%	1h	377.37	+0.045%	$391K	$37K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	377.33	+0.034%	$1.5M	$105K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	377.31	+0.029%	$4K	$62K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	377.42	+0.058%	$41K	$22K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	377.40	+0.052%	$747	—	10x	as long as short
Nado TSLA-PERP	+0.0111%	1h	377.36	+0.043%	$491K	$112K	20x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	378.43	+0.326%	$79K	$36K	30x	as long as short
Phoenix TSLA	+0.0254%	1h	377.50	+0.080%	$1.3M	$539K	20x	as long as short