Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.007%

Price spread now: Ondo Perps against Variational Omni−0.086%7-day average −0.096% · you buy dearer than you sell

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

Long on Variational Omni Short on Ondo Perps

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.041%+$4 on $10k

Price spread, last 7 days−0.010%−$1 · spread now −0.086%, 7d avg −0.096%

Together, before fees+0.031%+ Points / potential airdropVariational Omni: Active · Ondo Perps: Active · farm board+$3 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.096%, 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	Variational Omni TSLA	376.23	0	get 0.0000% / 8h	2h 12m	$1.9M	$1.3M	—
Short	Ondo Perps TSLA-USD.P	375.91	0.0050	get 0.0006% / 1h	12m 52s	$1.6M	$1.1M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Ondo Perps 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 Ondo PerpsbpOrdersPrice spread, now −0.086%Rate

Funding earned: $10.58
Price spread: −0.086% → −0.096%: $1.06
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Net: $6.65
Costs to cover: 0.050%
Break-even: 2.6 days

Slippage unknown: Variational Omni: RFQ quote, 1 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 Variational Omni RFQ quote, 1 min ago	2.02 bp	doesn't fit	11.7 bp −$117	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 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	−0.0672%	4h	376.20	−0.010%	$398K	$1.0M	10x	as long as short
Hotstuff TSLA-PERP	−0.0040%	1h	375.84	−0.104%	$34K	—	20x	as long as short
BloFin TSLA-USDT	−0.0026%	8h	376.46	+0.060%	$574K	$354K	20x	as long as short
Aster TSLAUSDT	0.0000%	8h	376.49	+0.067%	$576K	$199K	50x	as long as short
Extended TSLA_24_5-USD	0.0000%	1h	376.36	+0.035%	$479K	$2.7M	10x	as long as short
Binance TSLAUSDT	0.0000%	8h	376.55	+0.084%	$47.3M	$113.1M	25x	as long as short
Bybit TSLAUSDT	0.0000%	8h	376.46	+0.060%	$10.2M	$15.4M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	376.48	+0.066%	$11.2M	$16.9M	25x	as long as short
Gate TSLA_USDT	0.0000%	8h	376.43	+0.052%	$2.3M	$3.5M	100x	as long as short
Bitget TSLAUSDT	0.0000%	8h	376.38	+0.039%	$17.1M	$22.7M	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 TSLAlong	0.0000%	8h	376.23	long leg	$1.9M	$1.3M	—
StandX TSLA-USD	0.0000%	1h	376.08	−0.041%	$200K	$917K	20x	as long as short
Phemex TSLAUSDT	0.0000%	4h	376.39	+0.042%	$1.1M	$14K	10x	as long as short
Aftermath Perps TSLAUSD	+0.0020%	1h	376.08	−0.040%	$38K	$39K	10x	as long as short
Lighter RH TSLA	+0.0032%	1h	376.28	+0.013%	$1.3M	$2.6M	20x	as long as short
Arcus TSLA-USD	+0.0040%	1h	375.97	−0.070%	$135K	$107K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	376.26	+0.007%	—	$125K	25x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	376.08	−0.041%	$44.5M	$14.8M	20x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	376.26	+0.007%	$301K	$307K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	376.35	+0.031%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.Pshort	+0.0050%	1h	375.91	−0.086%	$1.6M	$1.1M	10x
QFEX TSLA-USD	+0.0052%	1h	376.39	+0.042%	$1.2M	$6.2M	10x	as long as short
RISEx TSLA/USDC	+0.0054%	1h	376.45	+0.058%	$217K	$619K	20x	as long as short
Pacifica TSLA	+0.0100%	1h	376.03	−0.055%	$390K	$36K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	376.09	−0.038%	$1.5M	$108K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	375.94	−0.078%	$4K	$62K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	376.40	+0.044%	$41K	$23K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	376.35	+0.030%	$745	—	10x	as long as short
Coinbase International TSLA-PERP-INTX	+0.0112%	1h	376.13	−0.027%	$511K	$337K	10x	as long as short
Lighter TSLA	+0.0120%	1h	376.31	+0.020%	$829K	$3.7M	20x	as long as short
GRVT TSLA_USDT_Perp	+0.0167%	8h	376.29	+0.016%	$854K	$2.8M	10x	as long as short
Bullet TSLA-USD	+0.0176%	1h	376.46	+0.061%	$4K	$90K	10x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	379.54	+0.879%	$79K	$36K	30x	as long as short
Nado TSLA-PERP	+0.0237%	1h	376.09	−0.038%	$488K	$110K	20x	as long as short
Phoenix TSLA	+0.0298%	1h	376.28	+0.013%	$1.3M	$528K	20x	as long as short
Deribit TSLA_USDC-PERPETUAL	+0.0335%	1h	376.30	+0.018%	$18K	$193K	10x	as long as short