Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 20:00 UTC−0.0600%/8hpaid last 24h −0.163%

Price spread now: edgeX against Arcus+0.013%54s7-day average +0.069% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$320.319% of the position

Long on Arcus Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.453%−$45 on $10k

Price spread, last 3 days (all we have)+0.053%+$5 · spread now +0.013%, 7d avg +0.069%

Together, before fees−0.399%+ Points / potential airdropedgeX: Active · farm board−$40 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$18 a day on $10k at the current rate, and edgeX is 0.056% cheaper against Arcus than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.069%). Swap the legs. The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Arcus TSLA-USD	376.49	0.0364	pay 0.0046% / 1h	21m 50s	$154K	$85K	10x
Short	edgeX TSLAUSDC	376.54	−0.0236	pay 0.0118% / 4h	21m 50s	$397K	$990K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against Arcus. 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 ArcusbpFee edgeXbpOrdersPrice spread, now +0.013%Rate

Funding earned: −$126
Price spread: +0.013% → +0.069%: −$5.61
Slippage, 4 orders: −$18.42
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$163.53
Costs to cover: 0.319%
Break-even: never at this rate

Slippage from Arcus: live order book, 10 min ago; edgeX: live order book, 11 min ago.

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 Arcus live order book, 10 min ago	3.73 bp	7.9 bp −$8	8.9 bp −$89	14.6 bp −$1,456	doesn't fit
Sell edgeX live order book, 11 min ago	4.26 bp	9.1 bp −$9	12.2 bp −$122	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 TSLAUSDCshort	−0.0236%	4h	376.54	+0.013%	$397K	$990K	10x
Hotstuff TSLA-PERP	−0.0040%	1h	376.57	+0.021%	$34K	—	20x	as long as short
BloFin TSLA-USDT	−0.0027%	8h	376.59	+0.027%	$540K	$334K	20x	as long as short
Aster TSLAUSDT	0.0000%	8h	376.23	−0.068%	$596K	$179K	50x	as long as short
Extended TSLA_24_5-USD	0.0000%	1h	376.40	−0.024%	$450K	$10.6M	10x	as long as short
Binance TSLAUSDT	0.0000%	8h	376.37	−0.033%	$47.2M	$105.6M	25x	as long as short
Bybit TSLAUSDT	0.0000%	8h	376.54	+0.013%	$10.3M	$15.3M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	376.31	−0.048%	$11.4M	$16.0M	25x	as long as short
Gate TSLA_USDT	0.0000%	8h	376.45	−0.011%	$2.3M	$4.1M	100x	as long as short
Bitget TSLAUSDT	0.0000%	8h	376.31	−0.048%	$16.7M	$21.2M	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 TSLA	0.0000%	8h	376.24	−0.066%	$1.7M	$1.1M	—	as long as short
StandX TSLA-USD	0.0000%	1h	376.72	+0.061%	$200K	$871K	20x	as long as short
Deribit TSLA_USDC-PERPETUAL	0.0000%	1h	376.33	−0.042%	$20K	$184K	10x	as long as short
Phemex TSLAUSDT	0.0000%	4h	376.45	−0.011%	$1.1M	$13K	10x	as long as short
Lighter RH TSLA	+0.0032%	1h	376.38	−0.029%	$1.3M	$2.5M	20x	as long as short
QFEX TSLA-USD	+0.0044%	1h	376.62	+0.035%	$1.2M	$6.8M	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	376.54	+0.013%	—	$133K	25x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	376.22	−0.072%	$44.0M	$13.9M	20x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	376.30	−0.050%	$297K	$283K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	376.45	−0.011%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	376.23	−0.069%	$1.6M	$916K	10x	as long as short
RISEx TSLA/USDC	+0.0067%	1h	376.65	+0.044%	$178K	$512K	20x	as long as short
Coinbase International TSLA-PERP-INTX	+0.0072%	1h	376.55	+0.016%	$538K	$281K	10x	as long as short
Nado TSLA-PERP	+0.0075%	1h	376.26	−0.062%	$487K	$88K	20x	as long as short
Bullet TSLA-USD	+0.0084%	1h	376.47	−0.005%	$6K	$90K	10x	as long as short
Pacifica TSLA	+0.0100%	1h	376.42	−0.019%	$390K	$26K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	376.22	−0.072%	$1.4M	$147K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	376.43	−0.016%	$4K	$61K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	376.56	+0.019%	$41K	$20K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	376.46	−0.009%	$745	—	10x	as long as short
Aftermath Perps TSLAUSD	+0.0113%	1h	376.16	−0.088%	$38K	$51K	10x	as long as short
GRVT TSLA_USDT_Perp	+0.0204%	8h	376.76	+0.072%	$844K	$3.1M	10x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	376.76	+0.072%	$78K	$36K	30x	as long as short
Lighter TSLA	+0.0232%	1h	376.52	+0.008%	$1.1M	$3.9M	20x	as long as short
Phoenix TSLA	+0.0298%	1h	377.00	+0.135%	$1.3M	$213K	20x	as long as short
Arcus TSLA-USDlong	+0.0364%	1h	376.49	long leg	$154K	$85K	10x