Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC+0.0011%/8h= +1.2% APRpaid last 24h +0.022%

Price spread now: Nado against Binance−0.070%7-day average −0.037% · you buy dearer than you sell

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

Net, price: spread back to 7d avg − costs−$41as in the Price arb table

costs, in and out, $10k−$380.376% of the position

Long on Binance Short on Nado

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.033%−$3 on $10k

Price spread, last 4 days (all we have)−0.049%−$5 · spread now −0.070%, 7d avg −0.037%

Together, before fees−0.082%+ Points / potential airdropNado: Active · farm board−$8 on $10k · with fees, hour by hour

Funding pays, the price is against you. Nado is 0.033% cheaper against Binance than usual: you would sell low and buy high (spread −0.070% now, against its 7-day average of −0.037%). If the spread goes back, that is −$3 on $10k: about 9.6 days of funding at the current rate ($0 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance TSLAUSDT	378.25	0.0176	pay 0.0176% / 8h	5h 26m	$47.5M	$115.1M	25x
Short	Nado TSLA-PERP	377.99	0.0188	get 0.0023% / 1h	26m 30s	$501K	$99K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado against Binance. 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 BinancebpFee NadobpOrdersPrice spread, now −0.070%Rate

Funding earned: $2.39
Price spread: −0.070% → −0.037%: −$3.28
Slippage, 4 orders: −$20.61
Fee Binance: 5 bp × 2 orders: −$10
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$38.5
Costs to cover: 0.376%
Break-even: 120.0 days

Slippage from Binance: live order book, 10 min ago; Nado: live order book, 20 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 Binance live order book, 10 min ago	0.13 bp	5.3 bp −$5	8.6 bp −$86	31.0 bp −$3,101	doesn't fit
Sell Nado live order book, 20 min ago	4.89 bp	11.7 bp −$12	31.3 bp −$313	doesn't fit	doesn't fit

TSLA on 36 exchanges

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
Hotstuff TSLA-PERP	−0.1600%	1h	377.85	−0.107%	$34K	—	20x	as long as short
edgeX TSLAUSDC	−0.0528%	4h	378.10	−0.041%	$399K	$1.0M	10x	as long as short
Bybit TSLAUSDT	0.0000%	8h	378.27	+0.004%	$10.2M	$14.2M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	378.22	−0.009%	$11.3M	$15.6M	25x	as long as short
Gate TSLA_USDT	0.0000%	8h	378.20	−0.014%	$2.3M	$3.2M	100x	as long as short
Bitget TSLAUSDT	0.0000%	8h	378.24	−0.004%	$17.3M	$24.2M	100x	as long as short
StandX TSLA-USD	0.0000%	1h	377.94	−0.083%	$201K	$985K	20x	as long as short
Deribit TSLA_USDC-PERPETUAL	0.0000%	1h	377.93	−0.086%	$18K	$189K	10x	as long as short
Phemex TSLAUSDT	0.0000%	4h	378.23	−0.006%	$1.1M	$14K	10x	as long as short
Aftermath Perps TSLAUSD	+0.0022%	1h	377.94	−0.084%	$38K	$36K	10x	as long as short

Show all 36 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH TSLA	+0.0032%	1h	378.15	−0.028%	$1.2M	$2.5M	20x	as long as short
Injective TSLA/USDC PERP	+0.0033%	1h	377.45	−0.213%	$74K	$41K	30x	as long as short
Arcus TSLA-USD	+0.0044%	1h	378.02	−0.062%	$133K	$85K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	378.11	−0.038%	—	$126K	25x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	377.94	−0.083%	$44.8M	$14.9M	20x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	377.98	−0.073%	$301K	$134K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	378.07	−0.049%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	377.92	−0.088%	$1.5M	$1.2M	10x	as long as short
QFEX TSLA-USD	+0.0051%	1h	378.14	−0.030%	$1.2M	$6.3M	10x	as long as short
Lighter TSLA	+0.0080%	1h	378.16	−0.025%	$809K	$3.6M	20x	as long as short
Pacifica TSLA	+0.0100%	1h	377.91	−0.091%	$392K	$36K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	377.87	−0.102%	$1.4M	$4.1M	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	377.92	−0.088%	$4K	$62K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	377.93	−0.086%	$41K	$23K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	378.04	−0.057%	$749	—	10x	as long as short
Coinbase International TSLA-PERP-INTX	+0.0112%	1h	377.89	−0.096%	$519K	$384K	10x	as long as short
Aster TSLAUSDT	+0.0121%	8h	378.33	+0.020%	$576K	$200K	50x	as long as short
Variational Omni TSLA	+0.0146%	8h	377.99	−0.071%	$1.7M	$1.5M	—	as long as short
Bullet TSLA-USD	+0.0149%	1h	378.24	−0.004%	$5K	$94K	10x	as long as short
BloFin TSLA-USDT	+0.0170%	8h	378.22	−0.009%	$590K	$375K	20x	as long as short
Extended TSLA_24_5-USD	+0.0176%	1h	378.10	−0.040%	$486K	$2.7M	10x	as long as short
Binance TSLAUSDTlong	+0.0176%	8h	378.25	long leg	$47.5M	$115.1M	25x
Nado TSLA-PERPshort	+0.0188%	1h	377.99	−0.070%	$501K	$99K	20x
RISEx TSLA/USDC	+0.0351%	1h	378.24	−0.003%	$229K	$634K	20x	as long as short
Phoenix TSLA	+0.0360%	1h	378.21	−0.012%	$1.3M	$484K	20x	as long as short
GRVT TSLA_USDT_Perp	+0.0421%	8h	378.13	−0.034%	$847K	$2.9M	10x	as long as short