Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.011%

Price spread now: Variational Omni against tradeXYZ+0.066%7-day average +0.070% · you sell dearer than you buy

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

Long on tradeXYZ Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.036%−$4 on $10k

Price spread, last 7 days−0.041%−$4 · spread now +0.066%, 7d avg +0.070%

Together, before fees−0.077%+ Points / potential airdroptradeXYZ: Active · Variational Omni: Active · farm board−$8 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.070%, 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	374.97	0.0050	pay 0.0006% / 1h	23m 51s	$43.5M	$14.0M	20x
Short	Variational Omni TSLA	375.22	0	get 0.0000% / 8h	1h 23m	$1.8M	$1.2M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni 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 Variational OmnibpOrdersPrice spread, now +0.066%Rate

Funding earned: −$10.5
Price spread: +0.066% → +0.070%: −$0.34
Slippage, 4 orders: no order book: not counted
Fee tradeXYZ: 9 bp × 2 orders: −$18
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$28.84
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: tradeXYZ: live order book, 6 min ago; Variational Omni: RFQ quote, just now. 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, 6 min ago	0.13 bp	9.8 bp −$10	12.9 bp −$129	doesn't fit	doesn't fit
Sell Variational Omni RFQ quote, just now	2.01 bp	doesn't fit	8.2 bp −$82	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	−0.0491%	4h	375.23	+0.069%	$397K	$1.0M	10x	as long as short
BloFin TSLA-USDT	−0.0018%	8h	375.23	+0.069%	$570K	$341K	20x	as long as short
Aster TSLAUSDT	0.0000%	8h	375.26	+0.078%	$584K	$191K	50x	as long as short
Extended TSLA_24_5-USD	0.0000%	1h	375.14	+0.046%	$477K	$10.6M	10x	as long as short
Binance TSLAUSDT	0.0000%	8h	375.21	+0.064%	$46.9M	$110.0M	25x	as long as short
Bybit TSLAUSDT	0.0000%	8h	375.32	+0.093%	$10.2M	$15.4M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	375.21	+0.064%	$11.2M	$16.8M	25x	as long as short
RISEx TSLA/USDC	0.0000%	1h	375.30	+0.088%	$175K	$529K	20x	as long as short
Gate TSLA_USDT	0.0000%	8h	375.19	+0.059%	$2.3M	$4.2M	100x	as long as short
Bitget TSLAUSDT	0.0000%	8h	375.13	+0.043%	$16.6M	$22.5M	100x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni TSLAshort	0.0000%	8h	375.22	+0.066%	$1.8M	$1.2M	—
StandX TSLA-USD	0.0000%	1h	375.22	+0.067%	$199K	$897K	20x	as long as short
Deribit TSLA_USDC-PERPETUAL	0.0000%	1h	375.00	+0.008%	$20K	$186K	10x	as long as short
Phemex TSLAUSDT	0.0000%	4h	375.23	+0.069%	$1.1M	$13K	10x	as long as short
Aftermath Perps TSLAUSD	+0.0014%	1h	375.12	+0.039%	$38K	$49K	10x	as long as short
QFEX TSLA-USD	+0.0030%	1h	375.17	+0.053%	$1.2M	$7.2M	10x	as long as short
Lighter TSLA	+0.0032%	1h	375.19	+0.059%	$648K	$3.3M	20x	as long as short
Lighter RH TSLA	+0.0032%	1h	375.22	+0.067%	$1.2M	$2.6M	20x	as long as short
Arcus TSLA-USD	+0.0040%	1h	375.11	+0.037%	$153K	$84K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	375.10	+0.035%	—	$133K	25x	as long as short
tradeXYZ xyz:TSLAlong	+0.0050%	1h	374.97	long leg	$43.5M	$14.0M	20x
Polymarket Perps TSLA-USD	+0.0050%	1h	375.02	+0.013%	$297K	$292K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	375.15	+0.048%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	375.02	+0.013%	$1.6M	$1.0M	10x	as long as short
Bullet TSLA-USD	+0.0053%	1h	375.24	+0.072%	$6K	$91K	10x	as long as short
Nado TSLA-PERP	+0.0062%	1h	375.04	+0.019%	$484K	$90K	20x	as long as short
Pacifica TSLA	+0.0100%	1h	374.98	+0.004%	$389K	$38K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	375.02	+0.013%	$1.5M	$159K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	375.05	+0.021%	$4K	$62K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	375.02	+0.013%	$41K	$20K	20x	as long as short
Hotstuff TSLA-PERP	+0.0104%	1h	374.99	+0.005%	$34K	—	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	375.17	+0.054%	$743	—	10x	as long as short
GRVT TSLA_USDT_Perp	+0.0124%	8h	375.31	+0.091%	$847K	$2.7M	10x	as long as short
Coinbase International TSLA-PERP-INTX	+0.0128%	1h	375.11	+0.037%	$529K	$332K	10x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	376.18	+0.323%	$78K	$36K	30x	as long as short
Phoenix TSLA	+0.0277%	1h	375.39	+0.112%	$1.3M	$522K	20x	as long as short