Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0096%/8h= +10.5% APRpaid last 24h +0.023%

Price spread now: Nado against Variational Omni−0.005%7-day average −0.029% · you buy dearer than you sell

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

Long on Variational Omni Short on Nado

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.031%−$3 on $10k

Price spread, last 4 days (all we have)−0.342%−$34 · spread now −0.005%, 7d avg −0.029%

Together, before fees−0.373%+ Points / potential airdropVariational Omni: Active · Nado: Active · farm board−$37 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Nado is 0.024% dearer against Variational Omni than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.029%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni TSLA	376.08	0.0050	pay 0.0050% / 8h	7h 45m	$1.8M	$1.3M	—
Short	Nado TSLA-PERP	376.07	0.0146	get 0.0018% / 1h	45m 03s	$498K	$116K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado 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 NadobpOrdersPrice spread, now −0.005%Rate

Funding earned: $20.2
Price spread: −0.005% → −0.029%: $2.41
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Nado: 3.5 bp × 2 orders: −$7
Net: $15.61
Costs to cover: 0.070%
Break-even: 1.6 days

Slippage unknown: Variational Omni: RFQ quote, 4 min ago; Nado: live order book, 53 min ago. 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, 4 min ago	2.02 bp	doesn't fit	11.0 bp −$110	doesn't fit	doesn't fit
Sell Nado live order book, 53 min ago	4.25 bp	13.9 bp −$14	34.5 bp −$345	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	−0.0515%	4h	376.02	−0.018%	$398K	$1.0M	10x	as long as short
Bybit TSLAUSDT	0.0000%	8h	376.20	+0.031%	$10.2M	$15.2M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	376.22	+0.036%	$11.2M	$16.8M	25x	as long as short
Gate TSLA_USDT	0.0000%	8h	376.17	+0.023%	$2.3M	$3.3M	100x	as long as short
Bitget TSLAUSDT	0.0000%	8h	376.17	+0.023%	$17.3M	$22.9M	100x	as long as short
StandX TSLA-USD	0.0000%	1h	376.16	+0.020%	$200K	$925K	20x	as long as short
Deribit TSLA_USDC-PERPETUAL	0.0000%	1h	375.98	−0.027%	$18K	$190K	10x	as long as short
Phemex TSLAUSDT	0.0000%	4h	376.12	+0.010%	$1.1M	$14K	10x	as long as short
GRVT TSLA_USDT_Perp	+0.0003%	8h	376.20	+0.031%	$851K	$2.9M	10x	as long as short
Aster TSLAUSDT	+0.0014%	8h	376.29	+0.055%	$574K	$200K	50x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aftermath Perps TSLAUSD	+0.0029%	1h	375.88	−0.053%	$38K	$36K	10x	as long as short
Lighter TSLA	+0.0032%	1h	376.16	+0.020%	$805K	$3.7M	20x	as long as short
Lighter RH TSLA	+0.0032%	1h	376.19	+0.028%	$1.2M	$2.5M	20x	as long as short
Arcus TSLA-USD	+0.0040%	1h	376.01	−0.019%	$135K	$107K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	376.17	+0.023%	—	$125K	25x	as long as short
QFEX TSLA-USD	+0.0048%	1h	376.09	+0.002%	$1.2M	$6.2M	10x	as long as short
Variational Omni TSLAlong	+0.0050%	8h	376.08	long leg	$1.8M	$1.3M	—
tradeXYZ xyz:TSLA	+0.0050%	1h	375.98	−0.027%	$44.6M	$14.7M	20x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	376.00	−0.022%	$300K	$161K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	376.14	+0.015%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	375.97	−0.030%	$1.6M	$1.1M	10x	as long as short
Bullet TSLA-USD	+0.0064%	1h	376.22	+0.036%	$6K	$92K	10x	as long as short
BloFin TSLA-USDT	+0.0064%	8h	376.30	+0.058%	$581K	$358K	20x	as long as short
Extended TSLA_24_5-USD	+0.0072%	1h	376.09	+0.003%	$483K	$2.7M	10x	as long as short
Binance TSLAUSDT	+0.0076%	8h	376.26	+0.047%	$47.1M	$114.4M	25x	as long as short
Pacifica TSLA	+0.0100%	1h	375.97	−0.030%	$389K	$36K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	375.99	−0.025%	$1.5M	$2.1M	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	375.81	−0.073%	$4K	$62K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	376.20	+0.031%	$41K	$23K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	376.13	+0.011%	$745	—	10x	as long as short
Nado TSLA-PERPshort	+0.0146%	1h	376.07	−0.005%	$498K	$116K	20x
Hotstuff TSLA-PERP	+0.0152%	1h	375.90	−0.049%	$34K	—	20x	as long as short
Coinbase International TSLA-PERP-INTX	+0.0160%	1h	376.02	−0.017%	$507K	$356K	10x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	379.58	+0.930%	$79K	$37K	30x	as long as short
RISEx TSLA/USDC	+0.0290%	1h	376.16	+0.020%	$215K	$653K	20x	as long as short
Phoenix TSLA	+0.0404%	1h	376.13	+0.013%	$1.3M	$507K	20x	as long as short