Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.014%

Price spread now: KuCoin against tradeXYZ+0.029%7-day average +0.031% · you sell dearer than you buy

Net, funding: paid 7d − costs−$104as in the Funding arb table

Net, price: spread back to 7d avg − costs−$106as in the Price arb table

costs, in and out, $10k−$1061.058% of the position

Long on tradeXYZ Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.021%+$2 on $10k

Price spread, last 7 days−0.047%−$5 · spread now +0.029%, 7d avg +0.031%

Together, before fees−0.026%+ Points / potential airdroptradeXYZ: Active · farm board−$3 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.031%, so right now this pair is about funding alone: +$2 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	375.71	0.0050	pay 0.0006% / 1h	38m 13s	$44.4M	$14.6M	20x
Short	KuCoin TSLAUSDTM	375.82	0.0100	get 0.0100% / 8h	3h 38m	$1.5M	$105K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now +0.029%Rate

Funding earned: $10.5
Price spread: +0.029% → +0.031%: −$0.16
Slippage, 4 orders: −$75.83
Fee tradeXYZ: 9 bp × 2 orders: −$18
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$95.48
Costs to cover: 1.058%
Break-even: 70.7 days

Slippage from tradeXYZ: live order book, 11 min ago; KuCoin: 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, 11 min ago	0.13 bp	9.9 bp −$10	11.9 bp −$119	doesn't fit	doesn't fit
Sell KuCoin live order book, 2 min ago	3.06 bp	59.2 bp −$59	doesn't fit	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	−0.0495%	4h	376.08	+0.098%	$398K	$1.0M	10x	as long as short
BloFin TSLA-USDT	−0.0023%	8h	375.96	+0.067%	$575K	$352K	20x	as long as short
Aster TSLAUSDT	0.0000%	8h	376.00	+0.077%	$576K	$195K	50x	as long as short
Extended TSLA_24_5-USD	0.0000%	1h	375.84	+0.036%	$480K	$2.7M	10x	as long as short
Binance TSLAUSDT	0.0000%	8h	375.95	+0.064%	$47.3M	$111.2M	25x	as long as short
Bybit TSLAUSDT	0.0000%	8h	376.05	+0.090%	$10.2M	$15.4M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	375.93	+0.059%	$11.2M	$16.8M	25x	as long as short
RISEx TSLA/USDC	0.0000%	1h	376.01	+0.081%	$289K	$580K	20x	as long as short
Bitget TSLAUSDT	0.0000%	8h	375.92	+0.056%	$17.0M	$22.5M	100x	as long as short
Variational Omni TSLA	0.0000%	8h	376.02	+0.082%	$1.9M	$1.3M	—	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	376.00	+0.077%	$200K	$897K	20x	as long as short
Deribit TSLA_USDC-PERPETUAL	0.0000%	1h	375.86	+0.040%	$20K	$189K	10x	as long as short
Phemex TSLAUSDT	0.0000%	4h	376.30	+0.157%	$1.1M	$14K	10x	as long as short
Aftermath Perps TSLAUSD	+0.0021%	1h	375.84	+0.035%	$38K	$41K	10x	as long as short
Gate TSLA_USDT	+0.0028%	8h	376.00	+0.077%	$2.3M	$3.5M	100x	as long as short
Lighter TSLA	+0.0032%	1h	375.88	+0.045%	$818K	$3.6M	20x	as long as short
Lighter RH TSLA	+0.0032%	1h	375.91	+0.053%	$1.2M	$2.5M	20x	as long as short
QFEX TSLA-USD	+0.0033%	1h	375.95	+0.064%	$1.2M	$6.4M	10x	as long as short
Arcus TSLA-USD	+0.0040%	1h	375.79	+0.021%	$133K	$106K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	375.88	+0.045%	—	$129K	25x	as long as short
tradeXYZ xyz:TSLAlong	+0.0050%	1h	375.71	long leg	$44.4M	$14.6M	20x
Polymarket Perps TSLA-USD	+0.0050%	1h	375.84	+0.035%	$300K	$309K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	375.84	+0.035%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	375.67	−0.011%	$1.6M	$1.1M	10x	as long as short
Hotstuff TSLA-PERP	+0.0056%	1h	375.64	−0.019%	$34K	—	20x	as long as short
GRVT TSLA_USDT_Perp	+0.0065%	8h	376.04	+0.089%	$854K	$2.8M	10x	as long as short
Coinbase International TSLA-PERP-INTX	+0.0080%	1h	376.45	+0.197%	$512K	$330K	10x	as long as short
Bullet TSLA-USD	+0.0099%	1h	376.02	+0.082%	$5K	$90K	10x	as long as short
Pacifica TSLA	+0.0100%	1h	375.79	+0.020%	$390K	$38K	10x	as long as short
KuCoin TSLAUSDTMshort	+0.0100%	8h	375.82	+0.029%	$1.5M	$105K	20x
ApeX Omni TSLAUSDT	+0.0100%	1h	376.10	+0.104%	$4K	$62K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	375.89	+0.048%	$41K	$23K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	375.89	+0.047%	$744	—	10x	as long as short
Nado TSLA-PERP	+0.0210%	1h	375.80	+0.023%	$489K	$112K	20x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	380.00	+1.142%	$79K	$36K	30x	as long as short
Phoenix TSLA	+0.0276%	1h	376.25	+0.144%	$1.3M	$540K	20x	as long as short