Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.001%

Price spread now: Ondo Perps against tradeXYZ+0.074%7-day average −0.028% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on tradeXYZ Short on Ondo Perps

What this pair did over the last

the charts below follow

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

Price spread, last 7 days−0.247%−$25 · spread now +0.074%, 7d avg −0.028%

Together, before fees−0.285%+ Points / potential airdroptradeXYZ: Active · Ondo Perps: Active · farm board−$28 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Ondo Perps is 0.102% dearer against tradeXYZ than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of −0.028%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	tradeXYZ xyz:TSLA	377.10	0.0050	pay 0.0006% / 1h	34m 09s	$44.4M	$14.0M	20x
Short	Ondo Perps TSLA-USD.P	377.38	0.0050	get 0.0006% / 1h	34m 09s	$1.5M	$1.1M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Ondo Perps 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 Ondo PerpsbpOrdersPrice spread, now +0.074%Rate

Funding earned: $0.08
Price spread: +0.074% → −0.028%: $10.22
Slippage, 4 orders: no order book: not counted
Fee tradeXYZ: 9 bp × 2 orders: −$18
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Net: −$12.7
Costs to cover: 0.230%
Break-even: 1064.9 days

Slippage unknown: tradeXYZ: live order book, 4 min ago; Ondo Perps: no order-book sample. Net counts fees only.

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, 4 min ago	0.66 bp	10.1 bp −$10	11.4 bp −$114	doesn't fit	doesn't fit
Sell Ondo Perps no order-book sample	—	—	—	—	—

Ondo Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

TSLA on 35 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	−0.0700%	4h	377.11	+0.004%	$398K	$1.0M	10x	as long as short
Hotstuff TSLA-PERP	−0.0032%	1h	377.03	−0.019%	$34K	—	20x	as long as short
Coinbase International TSLA-PERP-INTX	−0.0016%	1h	377.44	+0.090%	$513K	$329K	10x	as long as short
Aster TSLAUSDT	0.0000%	8h	377.37	+0.071%	$578K	$196K	50x	as long as short
Extended TSLA_24_5-USD	0.0000%	1h	377.30	+0.053%	$481K	$10.2M	10x	as long as short
Binance TSLAUSDT	0.0000%	8h	377.39	+0.076%	$47.3M	$110.1M	25x	as long as short
Bybit TSLAUSDT	0.0000%	8h	377.46	+0.095%	$10.3M	$15.5M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	377.38	+0.074%	$11.2M	$16.7M	25x	as long as short
RISEx TSLA/USDC	0.0000%	1h	377.41	+0.082%	$292K	$598K	20x	as long as short
Gate TSLA_USDT	0.0000%	8h	377.41	+0.082%	$2.3M	$3.8M	100x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget TSLAUSDT	0.0000%	8h	377.34	+0.064%	$16.9M	$22.8M	100x	as long as short
Variational Omni TSLA	0.0000%	8h	377.59	+0.129%	$1.9M	$1.3M	—	as long as short
StandX TSLA-USD	0.0000%	1h	377.38	+0.074%	$200K	$908K	20x	as long as short
Bullet TSLA-USD	0.0000%	1h	377.39	+0.078%	$6K	$93K	10x	as long as short
Phemex TSLAUSDT	0.0000%	4h	377.43	+0.088%	$1.1M	$15K	10x	as long as short
Aftermath Perps TSLAUSD	+0.0009%	1h	377.24	+0.036%	$38K	$45K	10x	as long as short
QFEX TSLA-USD	+0.0023%	1h	377.30	+0.053%	$1.2M	$6.7M	10x	as long as short
Lighter TSLA	+0.0032%	1h	377.29	+0.050%	$824K	$3.6M	20x	as long as short
Lighter RH TSLA	+0.0032%	1h	377.31	+0.056%	$1.2M	$2.6M	20x	as long as short
Arcus TSLA-USD	+0.0040%	1h	377.23	+0.034%	$163K	$93K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	377.35	+0.066%	—	$130K	25x	as long as short
GRVT TSLA_USDT_Perp	+0.0048%	8h	377.31	+0.056%	$849K	$2.8M	10x	as long as short
tradeXYZ xyz:TSLAlong	+0.0050%	1h	377.10	long leg	$44.4M	$14.0M	20x
Polymarket Perps TSLA-USD	+0.0050%	1h	377.19	+0.024%	$301K	$310K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	377.28	+0.048%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.Pshort	+0.0050%	1h	377.38	+0.074%	$1.5M	$1.1M	10x
Nado TSLA-PERP	+0.0094%	1h	377.27	+0.045%	$491K	$112K	20x	as long as short
Pacifica TSLA	+0.0100%	1h	377.23	+0.034%	$391K	$38K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	376.97	−0.034%	$1.5M	$106K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	377.54	+0.117%	$4K	$61K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	377.41	+0.082%	$41K	$20K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	377.29	+0.050%	$747	—	10x	as long as short
Deribit TSLA_USDC-PERPETUAL	+0.0148%	1h	377.37	+0.072%	$20K	$187K	10x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	378.50	+0.371%	$79K	$36K	30x	as long as short
Phoenix TSLA	+0.0255%	1h	377.47	+0.098%	$1.3M	$539K	20x	as long as short