Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0027%/8h= −3.0% APRpaid last 24h +0.043%

Price spread now: Gate against tradeXYZ+0.085%7-day average +0.097% · you sell dearer than you buy

Net, funding: paid 7d − costs−$43as in the Funding arb table

Net, price: spread back to 7d avg − costs−$47as in the Price arb table

costs, in and out, $10k−$460.459% of the position

Long on tradeXYZ Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days+0.028%+$3 on $10k

Price spread, last 7 days−0.003%$0 · spread now +0.085%, 7d avg +0.097%

Together, before fees+0.024%+ Points / potential airdroptradeXYZ: Active · farm board+$2 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.097%, so right now this pair is about funding alone: −$1 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	375.93	0.0050	pay 0.0006% / 1h	48m 07s	$44.5M	$14.7M	20x
Short	Gate TSLA_USDT	376.25	0.0023	get 0.0023% / 8h	2h 48m	$2.3M	$3.5M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now +0.085%Rate

Funding earned: −$5.67
Price spread: +0.085% → +0.097%: −$1.2
Slippage, 4 orders: −$12.91
Fee tradeXYZ: 9 bp × 2 orders: −$18
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$52.78
Costs to cover: 0.459%
Break-even: never at this rate

Slippage from tradeXYZ: live order book, 11 min ago; Gate: live order book, 5 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, 11 min ago	0.53 bp	10.4 bp −$10	doesn't fit	doesn't fit	doesn't fit
Sell Gate live order book, 5 min ago	1.73 bp	12.4 bp −$12	19.8 bp −$198	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	−0.0326%	4h	376.20	+0.073%	$398K	$1.0M	10x	as long as short
Aster TSLAUSDT	0.0000%	8h	376.33	+0.108%	$576K	$198K	50x	as long as short
Extended TSLA_24_5-USD	0.0000%	1h	376.15	+0.058%	$479K	$2.7M	10x	as long as short
Binance TSLAUSDT	0.0000%	8h	376.25	+0.085%	$47.0M	$112.6M	25x	as long as short
Bybit TSLAUSDT	0.0000%	8h	376.10	+0.045%	$10.2M	$15.3M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	376.19	+0.069%	$11.2M	$16.9M	25x	as long as short
Bitget TSLAUSDT	0.0000%	8h	376.20	+0.072%	$17.1M	$22.7M	100x	as long as short
Variational Omni TSLA	0.0000%	8h	376.20	+0.072%	$1.9M	$1.3M	—	as long as short
StandX TSLA-USD	0.0000%	1h	376.27	+0.090%	$200K	$917K	20x	as long as short
Phemex TSLAUSDT	0.0000%	4h	376.19	+0.069%	$1.1M	$14K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin TSLA-USDT	+0.0005%	8h	376.21	+0.074%	$577K	$353K	20x	as long as short
Deribit TSLA_USDC-PERPETUAL	+0.0016%	1h	376.10	+0.045%	$18K	$193K	10x	as long as short
Aftermath Perps TSLAUSD	+0.0020%	1h	376.00	+0.018%	$38K	$40K	10x	as long as short
Gate TSLA_USDTshort	+0.0023%	8h	376.25	+0.085%	$2.3M	$3.5M	100x
Lighter RH TSLA	+0.0032%	1h	376.19	+0.069%	$1.2M	$2.5M	20x	as long as short
Hotstuff TSLA-PERP	+0.0032%	1h	375.83	−0.027%	$34K	—	20x	as long as short
Arcus TSLA-USD	+0.0040%	1h	375.91	−0.005%	$135K	$107K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	376.14	+0.056%	—	$128K	25x	as long as short
tradeXYZ xyz:TSLAlong	+0.0050%	1h	375.93	long leg	$44.5M	$14.7M	20x
Polymarket Perps TSLA-USD	+0.0050%	1h	376.06	+0.035%	$300K	$309K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	376.16	+0.061%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	375.80	−0.035%	$1.6M	$1.1M	10x	as long as short
QFEX TSLA-USD	+0.0052%	1h	376.23	+0.080%	$1.3M	$6.2M	10x	as long as short
RISEx TSLA/USDC	+0.0054%	1h	376.24	+0.083%	$289K	$580K	20x	as long as short
Pacifica TSLA	+0.0100%	1h	375.96	+0.009%	$390K	$37K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	376.03	+0.027%	$1.5M	$105K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	375.94	+0.003%	$4K	$62K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	376.21	+0.074%	$41K	$23K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	376.15	+0.059%	$745	—	10x	as long as short
Coinbase International TSLA-PERP-INTX	+0.0112%	1h	376.13	+0.053%	$511K	$337K	10x	as long as short
GRVT TSLA_USDT_Perp	+0.0141%	8h	376.33	+0.106%	$844K	$2.8M	10x	as long as short
Lighter TSLA	+0.0152%	1h	376.20	+0.072%	$842K	$3.6M	20x	as long as short
Bullet TSLA-USD	+0.0207%	1h	376.26	+0.088%	$4K	$90K	10x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	377.15	+0.325%	$78K	$36K	30x	as long as short
Nado TSLA-PERP	+0.0282%	1h	376.02	+0.024%	$489K	$112K	20x	as long as short
Phoenix TSLA	+0.0298%	1h	376.27	+0.090%	$1.3M	$528K	20x	as long as short