Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0040%/8h= −4.4% APRpaid last 24h −0.049%

Price spread now: OKX against Arcus+0.032%7-day average +0.079% · 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−$38as in the Price arb table

costs, in and out, $10k−$340.337% of the position

Long on Arcus Short on OKX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.094%−$9 on $10k

Price spread, last 4 days (all we have)+0.064%+$6 · spread now +0.032%, 7d avg +0.079%

Together, before fees−0.030%−$3 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and OKX is 0.048% cheaper against Arcus than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.079%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Arcus TSLA-USD	377.35	0.0040	pay 0.0005% / 1h	46m 27s	$162K	$95K	10x
Short	OKX TSLA-USDT-SWAP	377.47	0	get 0.0000% / 8h	5h 46m	$11.2M	$16.8M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.032%Rate

Funding earned: −$8.46
Price spread: +0.032% → +0.079%: −$4.77
Slippage, 4 orders: −$19.22
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Fee OKX: 5 bp × 2 orders: −$10
Net: −$46.94
Costs to cover: 0.337%
Break-even: never at this rate

Slippage from Arcus: live order book, 17 min ago; OKX: live order book, 2 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, 17 min ago	0.93 bp	9.4 bp −$9	11.8 bp −$118	doesn't fit	doesn't fit
Sell OKX live order book, 2 min ago	0.13 bp	6.7 bp −$7	10.0 bp −$100	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	−0.0381%	4h	377.40	+0.012%	$399K	$1.0M	10x	as long as short
Aster TSLAUSDT	0.0000%	8h	377.51	+0.042%	$578K	$196K	50x	as long as short
Extended TSLA_24_5-USD	0.0000%	1h	377.41	+0.016%	$479K	$7.7M	10x	as long as short
Binance TSLAUSDT	0.0000%	8h	377.50	+0.039%	$47.4M	$110.5M	25x	as long as short
Bybit TSLAUSDT	0.0000%	8h	377.57	+0.058%	$10.3M	$15.5M	100x	as long as short
OKX TSLA-USDT-SWAPshort	0.0000%	8h	377.47	+0.032%	$11.2M	$16.8M	25x
RISEx TSLA/USDC	0.0000%	1h	377.52	+0.045%	$290K	$598K	20x	as long as short
Bitget TSLAUSDT	0.0000%	8h	377.44	+0.024%	$17.0M	$22.9M	100x	as long as short
Variational Omni TSLA	0.0000%	8h	377.41	+0.016%	$1.9M	$1.4M	—	as long as short
GRVT TSLA_USDT_Perp	0.0000%	8h	377.55	+0.053%	$851K	$2.8M	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
StandX TSLA-USD	0.0000%	1h	377.38	+0.008%	$200K	$908K	20x	as long as short
Deribit TSLA_USDC-PERPETUAL	0.0000%	1h	377.29	−0.016%	$20K	$187K	10x	as long as short
Coinbase International TSLA-PERP-INTX	0.0000%	1h	377.33	−0.005%	$513K	$328K	10x	as long as short
Phemex TSLAUSDT	0.0000%	4h	377.45	+0.027%	$1.1M	$15K	10x	as long as short
Aftermath Perps TSLAUSD	+0.0008%	1h	377.25	−0.028%	$38K	$44K	10x	as long as short
QFEX TSLA-USD	+0.0019%	1h	377.37	+0.005%	$1.2M	$6.6M	10x	as long as short
Bullet TSLA-USD	+0.0027%	1h	377.50	+0.041%	$5K	$92K	10x	as long as short
BloFin TSLA-USDT	+0.0027%	8h	377.49	+0.037%	—	$341K	20x	as long as short
Lighter TSLA	+0.0032%	1h	377.47	+0.032%	$824K	$3.6M	20x	as long as short
Lighter RH TSLA	+0.0032%	1h	377.48	+0.034%	$1.2M	$2.6M	20x	as long as short
Arcus TSLA-USDlong	+0.0040%	1h	377.35	long leg	$162K	$95K	10x
tradeXYZ xyz:TSLA	+0.0042%	1h	377.23	−0.032%	$44.4M	$14.3M	20x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	377.50	+0.040%	—	$130K	25x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	377.32	−0.008%	$301K	$310K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	377.39	+0.011%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	377.30	−0.013%	$1.5M	$1.1M	10x	as long as short
Hotstuff TSLA-PERP	+0.0056%	1h	377.14	−0.056%	$34K	—	20x	as long as short
Gate TSLA_USDT	+0.0099%	8h	377.49	+0.037%	$2.3M	$3.7M	100x	as long as short
Pacifica TSLA	+0.0100%	1h	377.37	+0.005%	$391K	$37K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	377.33	−0.005%	$1.5M	$105K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	377.31	−0.011%	$4K	$62K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	377.31	−0.011%	$41K	$22K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	377.39	+0.010%	$747	—	10x	as long as short
Nado TSLA-PERP	+0.0111%	1h	377.36	+0.003%	$491K	$112K	20x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	378.43	+0.286%	$79K	$36K	30x	as long as short
Phoenix TSLA	+0.0254%	1h	377.50	+0.040%	$1.3M	$539K	20x	as long as short