Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0152%/8h= +16.6% APRpaid last 24h −0.063%

Price spread now: Hotstuff against Variational Omni−0.053%7-day average — · you buy dearer than you sell

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

Long on Variational Omni Short on Hotstuff

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVariational Omni: Active · Hotstuff: Active · farm boardneeds both histories

Funding pays, the price is against you. Hotstuff is 0.053% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.053% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 28 hours of funding at the current rate (+$5 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni TSLA	376.44	0	get 0.0000% / 8h	3h 59m	$1.9M	$1.3M	—
Short	Hotstuff TSLA-PERP	376.24	0.0152	get 0.0019% / 1h	59m 05s	$34K	—	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hotstuff against Variational Omni. 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 Variational OmnibpFee HotstuffbpOrdersPrice spread, now −0.053%Rate

Funding earned: $31.92
Price spread: −0.053% → 0.000%: −$5.29
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Hotstuff: 2.5 bp × 2 orders: −$5
Net: $21.63
Costs to cover: 0.050%
Break-even: 2.3 days

Slippage unknown: Variational Omni: RFQ quote, 5 min ago; Hotstuff: 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 Variational Omni RFQ quote, 5 min ago	2.01 bp	doesn't fit	5.2 bp −$52	doesn't fit	doesn't fit
Sell Hotstuff no order-book sample	—	—	—	—	—

Hotstuff: 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 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	−0.0992%	4h	376.41	−0.008%	$398K	$1.0M	10x	as long as short
tradeXYZ xyz:TSLA	−0.0019%	1h	376.25	−0.050%	$44.4M	$14.6M	20x	as long as short
Aster TSLAUSDT	0.0000%	8h	376.67	+0.062%	$577K	$195K	50x	as long as short
Extended TSLA_24_5-USD	0.0000%	1h	376.46	+0.005%	$480K	$2.8M	10x	as long as short
Binance TSLAUSDT	0.0000%	8h	376.56	+0.032%	$47.3M	$111.0M	25x	as long as short
Bybit TSLAUSDT	0.0000%	8h	376.64	+0.053%	$10.3M	$15.4M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	376.59	+0.040%	$11.3M	$16.9M	25x	as long as short
RISEx TSLA/USDC	0.0000%	1h	376.64	+0.053%	$290K	$582K	20x	as long as short
Bitget TSLAUSDT	0.0000%	8h	376.54	+0.027%	$17.0M	$22.9M	100x	as long as short
Variational Omni TSLAlong	0.0000%	8h	376.44	long leg	$1.9M	$1.3M	—

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
StandX TSLA-USD	0.0000%	1h	376.66	+0.059%	$200K	$904K	20x	as long as short
Deribit TSLA_USDC-PERPETUAL	0.0000%	1h	376.43	−0.002%	$20K	$189K	10x	as long as short
Phemex TSLAUSDT	0.0000%	4h	376.53	+0.024%	$1.1M	$14K	10x	as long as short
BloFin TSLA-USDT	+0.0015%	8h	376.62	+0.048%	$578K	$353K	20x	as long as short
Aftermath Perps TSLAUSD	+0.0021%	1h	376.40	−0.011%	$38K	$41K	10x	as long as short
Lighter RH TSLA	+0.0032%	1h	376.57	+0.035%	$1.2M	$2.5M	20x	as long as short
Nado TSLA-PERP	+0.0038%	1h	376.52	+0.022%	$490K	$112K	20x	as long as short
QFEX TSLA-USD	+0.0038%	1h	376.51	+0.019%	$1.2M	$6.5M	10x	as long as short
Lighter TSLA	+0.0040%	1h	376.53	+0.024%	$819K	$3.6M	20x	as long as short
Arcus TSLA-USD	+0.0040%	1h	376.23	−0.056%	$133K	$106K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	376.53	+0.024%	—	$130K	25x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	376.42	−0.005%	$301K	$309K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	376.48	+0.011%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	376.11	−0.087%	$1.6M	$1.1M	10x	as long as short
Gate TSLA_USDT	+0.0057%	8h	376.60	+0.043%	$2.3M	$3.5M	100x	as long as short
GRVT TSLA_USDT_Perp	+0.0063%	8h	376.45	+0.003%	$843K	$2.8M	10x	as long as short
Coinbase International TSLA-PERP-INTX	+0.0080%	1h	376.45	+0.003%	$512K	$330K	10x	as long as short
Bullet TSLA-USD	+0.0085%	1h	376.60	+0.042%	$5K	$91K	10x	as long as short
Pacifica TSLA	+0.0100%	1h	376.42	−0.006%	$390K	$38K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	376.45	+0.003%	$1.5M	$105K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	376.15	−0.077%	$4K	$62K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	376.56	+0.032%	$41K	$23K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	376.52	+0.020%	$746	—	10x	as long as short
Hotstuff TSLA-PERPshort	+0.0152%	1h	376.24	−0.053%	$34K	—	20x
Injective TSLA/USDC PERP	+0.0220%	1h	377.29	+0.226%	$78K	$36K	30x	as long as short
Phoenix TSLA	+0.0255%	1h	376.39	−0.013%	$1.3M	$538K	20x	as long as short