Settings8H · net · $10k
Funding arb · Price arb /

TSLA

RWAall TSLA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0030%/8h= +3.3% APRnext payment +$0.04 per $10,000 · paid last 24h +0.007%
Price spread now: Coinbase International against tradeXYZ+0.043%50s7-day average −0.037% · you sell dearer than you buy
Net, funding: paid 7d − costs−$32as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$360.356% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.033%+$3 on $10k
Price spread, last 4 days (all we have)−0.065%−$6 · spread now +0.043%, 7d avg −0.037%
Together, before fees−0.032%+ Points / potential airdroptradeXYZ: Active · farm board−$3 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Coinbase International is 0.080% dearer against tradeXYZ than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.037%. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongtradeXYZ xyz:TSLA375.970.0050pay 0.0006% / 1h14m 25s$44.5M$14.7M20x
ShortCoinbase International TSLA-PERP-INTX376.130.0080get 0.0010% / 1h14m 25s$511K$338K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International 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

Funding earned
$6.3
Price spread: +0.043% → −0.037%
$7.97
Slippage, 4 orders
−$7.61
Fee tradeXYZ: 9 bp × 2 orders
−$18
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$21.34
Costs to cover
0.356%
Break-even
30.7 days
Slippage from tradeXYZ: live order book, 4 min ago; Coinbase International: live order book, 39 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy tradeXYZ live order book, 4 min ago0.53 bp9.9 bp −$1011.9 bp −$119doesn't fitdoesn't fit
Sell Coinbase International live order book, 39 min ago2.26 bp8.0 bp −$810.7 bp −$107doesn't fitdoesn't fit

TSLA on 36 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX TSLAUSDC−0.0520%4h376.34+0.099%$398K$1.0M10xas long as short
Aster TSLAUSDT0.0000%8h376.38+0.110%$576K$198K50xas long as short
Extended TSLA_24_5-USD0.0000%1h376.23+0.070%$480K$2.7M10xas long as short
Binance TSLAUSDT0.0000%8h376.30+0.088%$47.0M$112.4M25xas long as short
Bybit TSLAUSDT0.0000%8h376.35+0.101%$10.3M$15.4M100xas long as short
OKX TSLA-USDT-SWAP0.0000%8h376.26+0.077%$11.3M$16.8M25xas long as short
RISEx TSLA/USDC0.0000%1h376.40+0.114%$290K$580K20xas long as short
Hotstuff TSLA-PERP0.0000%1h376.08+0.029%$34K20xas long as short
Bitget TSLAUSDT0.0000%8h376.31+0.090%$17.1M$22.6M100xas long as short
Variational Omni TSLA0.0000%8h376.39+0.111%$1.9M$1.3Mas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX TSLA-USD0.0000%1h376.46+0.130%$200K$895K20xas long as short
Phemex TSLAUSDT0.0000%4h376.38+0.109%$1.1M$14K10xas long as short
Aftermath Perps TSLAUSD+0.0018%1h376.12+0.040%$38K$40K10xas long as short
BloFin TSLA-USDT+0.0022%8h376.34+0.098%$576K$353K20xas long as short
Gate TSLA_USDT+0.0026%8h376.38+0.109%$2.3M$3.5M100xas long as short
Lighter RH TSLA+0.0032%1h376.29+0.085%$1.2M$2.5M20xas long as short
QFEX TSLA-USD+0.0033%1h376.35+0.101%$1.2M$6.2M10xas long as short
Arcus TSLA-USD+0.0040%1h376.11+0.037%$133K$106K10xas long as short
Vest TSLA-USD-PERP+0.0046%1h376.27+0.080%$128K25xas long as short
tradeXYZ xyz:TSLAlong+0.0050%1h375.97long leg$44.5M$14.7M20x
Polymarket Perps TSLA-USD+0.0050%1h376.17+0.053%$300K$309K10xas long as short
SoDEX TSLA-USD+0.0050%1h376.23+0.069%$4K$3K10xas long as short
Ondo Perps TSLA-USD.P+0.0050%1h376.05+0.021%$1.6M$1.1M10xas long as short
Lighter TSLA+0.0064%1h376.29+0.085%$839K$3.7M20xas long as short
Coinbase International TSLA-PERP-INTXshort+0.0080%1h376.13+0.043%$511K$338K10x
GRVT TSLA_USDT_Perp+0.0099%8h376.42+0.120%$852K$2.8M10xas long as short
Pacifica TSLA+0.0100%1h376.08+0.029%$390K$37K10xas long as short
KuCoin TSLAUSDTM+0.0100%8h376.18+0.056%$1.5M$105K20xas long as short
ApeX Omni TSLAUSDT+0.0100%1h376.11+0.037%$4K$62K50xas long as short
Orderly PERP_TSLA_USDC+0.0100%8h376.26+0.077%$41K$23K20xas long as short
Aevo TSLA-PERP+0.0104%1h376.25+0.074%$74510xas long as short
Deribit TSLA_USDC-PERPETUAL+0.0122%1h376.17+0.053%$18K$192K10xas long as short
Bullet TSLA-USD+0.0128%1h376.34+0.098%$4K$90K10xas long as short
Nado TSLA-PERP+0.0217%1h376.13+0.043%$489K$112K20xas long as short
Injective TSLA/USDC PERP+0.0220%1h377.78+0.481%$79K$36K30xas long as short
Phoenix TSLA+0.0276%1h376.28+0.082%$1.3M$540K20xas long as short