Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.008%

Price spread now: Phemex against Variational Omni+0.015%7-day average +0.005% · you sell dearer than you buy

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

Long on Variational Omni Short on Phemex

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.008%−$1 on $10k

Price spread, last 4 days (all we have)−0.084%−$8 · spread now +0.015%, 7d avg +0.005%

Together, before fees−0.093%+ Points / potential airdropVariational Omni: Active · farm board−$9 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni TSLA	376.64	0	get 0.0000% / 8h	4h 41m	$1.9M	$1.4M	—
Short	Phemex TSLAUSDT	376.69	0	get 0.0000% / 4h	41m 03s	$1.1M	$14K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phemex 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 PhemexbpOrdersPrice spread, now +0.015%Rate

Funding earned: $0
Price spread: +0.015% → +0.005%: $0.9
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Phemex: 6 bp × 2 orders: −$12
Net: −$11.1
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: Variational Omni: RFQ quote, 3 min ago; Phemex: live order book, 2 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, 3 min ago	2.01 bp	doesn't fit	7.6 bp −$76	doesn't fit	doesn't fit
Sell Phemex live order book, 2 min ago	1.33 bp	33.4 bp −$33	doesn't fit	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	−0.0268%	4h	376.63	−0.001%	$398K	$1.0M	10x	as long as short
BloFin TSLA-USDT	−0.0013%	8h	376.72	+0.022%	$576K	$353K	20x	as long as short
Aster TSLAUSDT	0.0000%	8h	376.78	+0.039%	$577K	$196K	50x	as long as short
Extended TSLA_24_5-USD	0.0000%	1h	376.61	−0.008%	$480K	$4.7M	10x	as long as short
Binance TSLAUSDT	0.0000%	8h	376.71	+0.019%	$47.3M	$111.1M	25x	as long as short
Bybit TSLAUSDT	0.0000%	8h	376.76	+0.033%	$10.3M	$15.4M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	376.63	−0.001%	$11.2M	$16.9M	25x	as long as short
RISEx TSLA/USDC	0.0000%	1h	376.75	+0.029%	$290K	$587K	20x	as long as short
Bitget TSLAUSDT	0.0000%	8h	376.62	−0.004%	$17.0M	$23.1M	100x	as long as short
Variational Omni TSLAlong	0.0000%	8h	376.64	long leg	$1.9M	$1.4M	—

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
StandX TSLA-USD	0.0000%	1h	376.73	+0.025%	$200K	$906K	20x	as long as short
Deribit TSLA_USDC-PERPETUAL	0.0000%	1h	376.63	−0.001%	$20K	$188K	10x	as long as short
Phemex TSLAUSDTshort	0.0000%	4h	376.69	+0.015%	$1.1M	$14K	10x
Aftermath Perps TSLAUSD	+0.0017%	1h	376.44	−0.052%	$38K	$42K	10x	as long as short
Lighter TSLA	+0.0032%	1h	376.69	+0.015%	$817K	$3.6M	20x	as long as short
Lighter RH TSLA	+0.0032%	1h	376.69	+0.015%	$1.2M	$2.5M	20x	as long as short
QFEX TSLA-USD	+0.0038%	1h	376.65	+0.004%	$1.2M	$6.5M	10x	as long as short
Arcus TSLA-USD	+0.0040%	1h	376.32	−0.084%	$162K	$96K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	376.73	+0.025%	—	$130K	25x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	376.43	−0.055%	$44.3M	$14.3M	20x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	376.47	−0.044%	$301K	$309K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	376.61	−0.007%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	376.32	−0.084%	$1.6M	$1.1M	10x	as long as short
Bullet TSLA-USD	+0.0055%	1h	376.70	+0.018%	$6K	$92K	10x	as long as short
Coinbase International TSLA-PERP-INTX	+0.0056%	1h	377.04	+0.107%	$513K	$331K	10x	as long as short
GRVT TSLA_USDT_Perp	+0.0072%	8h	376.64	+0.001%	$843K	$2.8M	10x	as long as short
Pacifica TSLA	+0.0100%	1h	376.57	−0.018%	$390K	$38K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	376.68	+0.012%	$1.5M	$105K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	376.44	−0.052%	$4K	$62K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	376.58	−0.015%	$41K	$23K	20x	as long as short
Gate TSLA_USDT	+0.0102%	8h	376.68	+0.012%	$2.3M	$3.6M	100x	as long as short
Hotstuff TSLA-PERP	+0.0104%	1h	376.42	−0.057%	$34K	—	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	376.60	−0.010%	$746	—	10x	as long as short
Nado TSLA-PERP	+0.0157%	1h	376.68	+0.011%	$490K	$112K	20x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	377.69	+0.280%	$79K	$36K	30x	as long as short
Phoenix TSLA	+0.0255%	1h	376.45	−0.049%	$1.3M	$539K	20x	as long as short