Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0033%/8h= +3.6% APRpaid last 24h +0.004%

Price spread now: QFEX against Variational Omni−0.029%7-day average −0.037% · you buy dearer than you sell

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

Long on Variational Omni Short on QFEX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.011%+$1 on $10k

Price spread, last 7 days+0.015%+$2 · spread now −0.029%, 7d avg −0.037%

Together, before fees+0.026%+ Points / potential airdropVariational Omni: Active · farm board+$3 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.037%, so right now this pair is about funding alone: +$1 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	376.40	0	get 0.0000% / 8h	3h 52m	$1.9M	$1.3M	—
Short	QFEX TSLA-USD	376.29	0.0033	get 0.0004% / 1h	52m 27s	$1.2M	$6.5M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

QFEX 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 QFEXbpOrdersPrice spread, now −0.029%Rate

Funding earned: $6.89
Price spread: −0.029% → −0.037%: $0.82
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee QFEX: 5 bp × 2 orders: −$10
Net: −$2.29
Costs to cover: 0.100%
Break-even: 9.3 days

Slippage unknown: Variational Omni: RFQ quote, 2 min ago; QFEX: live order book, 6 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, 2 min ago	2.02 bp	doesn't fit	6.9 bp −$69	doesn't fit	doesn't fit
Sell QFEX live order book, 6 min ago	1.06 bp	6.1 bp −$6	6.1 bp −$61	13.0 bp −$1,300	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	−0.0501%	4h	376.30	−0.026%	$398K	$1.0M	10x	as long as short
Aster TSLAUSDT	0.0000%	8h	376.34	−0.016%	$576K	$195K	50x	as long as short
Extended TSLA_24_5-USD	0.0000%	1h	376.22	−0.049%	$479K	$2.7M	10x	as long as short
Binance TSLAUSDT	0.0000%	8h	376.31	−0.025%	$47.3M	$111.0M	25x	as long as short
Bybit TSLAUSDT	0.0000%	8h	376.39	−0.002%	$10.3M	$15.4M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	376.25	−0.040%	$11.2M	$16.9M	25x	as long as short
RISEx TSLA/USDC	0.0000%	1h	376.42	+0.004%	$290K	$582K	20x	as long as short
Hotstuff TSLA-PERP	0.0000%	1h	376.00	−0.106%	$34K	—	20x	as long as short
Bitget TSLAUSDT	0.0000%	8h	376.25	−0.040%	$17.0M	$22.7M	100x	as long as short
Variational Omni TSLAlong	0.0000%	8h	376.40	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	376.33	−0.018%	$200K	$902K	20x	as long as short
Deribit TSLA_USDC-PERPETUAL	0.0000%	1h	376.07	−0.087%	$20K	$189K	10x	as long as short
Phemex TSLAUSDT	0.0000%	4h	376.44	+0.011%	$1.1M	$14K	10x	as long as short
BloFin TSLA-USDT	+0.0008%	8h	376.36	−0.010%	$577K	$352K	20x	as long as short
Aftermath Perps TSLAUSD	+0.0023%	1h	376.43	+0.010%	$38K	$41K	10x	as long as short
tradeXYZ xyz:TSLA	+0.0030%	1h	376.04	−0.095%	$44.4M	$14.6M	20x	as long as short
Lighter TSLA	+0.0032%	1h	376.27	−0.034%	$818K	$3.6M	20x	as long as short
Lighter RH TSLA	+0.0032%	1h	376.28	−0.032%	$1.2M	$2.5M	20x	as long as short
QFEX TSLA-USDshort	+0.0033%	1h	376.29	−0.029%	$1.2M	$6.5M	10x
Bullet TSLA-USD	+0.0037%	1h	376.32	−0.021%	$5K	$91K	10x	as long as short
Arcus TSLA-USD	+0.0040%	1h	376.12	−0.074%	$133K	$106K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	376.32	−0.021%	—	$130K	25x	as long as short
Gate TSLA_USDT	+0.0046%	8h	376.31	−0.024%	$2.3M	$3.5M	100x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	376.25	−0.040%	$301K	$309K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	376.26	−0.037%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	375.95	−0.119%	$1.6M	$1.1M	10x	as long as short
GRVT TSLA_USDT_Perp	+0.0063%	8h	376.44	+0.010%	$843K	$2.8M	10x	as long as short
Coinbase International TSLA-PERP-INTX	+0.0080%	1h	376.45	+0.014%	$512K	$330K	10x	as long as short
Pacifica TSLA	+0.0100%	1h	376.14	−0.068%	$390K	$38K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	376.21	−0.050%	$1.5M	$105K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	376.22	−0.048%	$4K	$62K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	376.14	−0.069%	$41K	$23K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	376.23	−0.044%	$745	—	10x	as long as short
Nado TSLA-PERP	+0.0178%	1h	376.13	−0.071%	$489K	$112K	20x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	377.58	+0.314%	$78K	$36K	30x	as long as short
Phoenix TSLA	+0.0276%	1h	376.67	+0.072%	$1.3M	$540K	20x	as long as short