Settings8H · net · $10k
Funding arb · Price arb /

TSLA

RWAall TSLA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0027%/8h= +3.0% APRnext payment +$0.27 per $10,000 · paid last 24h −0.006%
Price spread now: OKX against BloFin+0.183%713s7-day average +0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs−$40as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$250.251% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.145%−$15 on $10k
Price spread, last 3 days (all we have)−0.176%−$18 · spread now +0.183%, 7d avg +0.004%
Together, before fees−0.321%−$32 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and OKX is 0.179% dearer against BloFin than usual: you sell high and buy low: +$18 more if the spread goes back to its 7-day average of +0.004%. Mind the row above: over the last 7 days funding on this pair cost −0.145%, so the current rate has only just turned in your favour. The two prices were read 713 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin TSLA-USDT376.98−0.0027get 0.0027% / 8h6h 37m$576K$341K20x
ShortOKX TSLA-USDT-SWAP377.670get 0.0000% / 8h6h 37m$11.2M$16.8M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX against BloFin. 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

Funding earned
$5.67
Price spread: +0.183% → +0.004%
$17.91
Slippage, 4 orders
−$3.08
Fee BloFin: 6 bp × 2 orders
−$12
Fee OKX: 5 bp × 2 orders
−$10
Net
−$1.5
Costs to cover
0.251%
Break-even
8.9 days
Slippage from BloFin: live order book, 29 min ago; OKX: live order book, 1 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 29 min ago0.13 bp6.8 bp −$79.8 bp −$9820.1 bp −$2,015doesn't fit
Sell OKX live order book, 1 min ago0.13 bp5.3 bp −$57.8 bp −$78doesn't fitdoesn't fit

TSLA on 36 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX TSLAUSDC−0.0700%4h377.11+0.036%$398K$1.0M10xas long as short
Hotstuff TSLA-PERP−0.0064%1h377.26+0.074%$34K20xas long as short
Deribit TSLA_USDC-PERPETUAL−0.0041%1h377.26+0.074%$20K$187K10xas long as short
BloFin TSLA-USDTlong−0.0027%8h376.98long leg$576K$341K20x
Coinbase International TSLA-PERP-INTX−0.0016%1h377.25+0.072%$513K$328K10xas long as short
Aster TSLAUSDT0.0000%8h377.60+0.163%$578K$195K50xas long as short
Extended TSLA_24_5-USD0.0000%1h377.59+0.162%$479K$10.3M10xas long as short
Binance TSLAUSDT0.0000%8h377.72+0.195%$47.3M$110.0M25xas long as short
Bybit TSLAUSDT0.0000%8h377.82+0.223%$10.3M$15.5M100xas long as short
OKX TSLA-USDT-SWAPshort0.0000%8h377.67+0.183%$11.2M$16.8M25x
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
RISEx TSLA/USDC0.0000%1h377.70+0.190%$292K$598K20xas long as short
Gate TSLA_USDT0.0000%8h377.65+0.178%$2.3M$3.8M100xas long as short
Bitget TSLAUSDT0.0000%8h377.64+0.175%$16.9M$22.8M100xas long as short
Variational Omni TSLA0.0000%8h376.93−0.014%$1.9M$1.3Mas long as short
StandX TSLA-USD0.0000%1h377.40+0.111%$200K$907K20xas long as short
Bullet TSLA-USD0.0000%1h377.73+0.199%$6K$93K10xas long as short
Phemex TSLAUSDT0.0000%4h377.42+0.117%$1.1M$14K10xas long as short
Aftermath Perps TSLAUSD+0.0009%1h376.99+0.002%$38K$45K10xas long as short
QFEX TSLA-USD+0.0023%1h377.57+0.157%$1.3M$6.7M10xas long as short
Lighter TSLA+0.0032%1h377.70+0.191%$825K$3.6M20xas long as short
Lighter RH TSLA+0.0032%1h377.70+0.191%$1.2M$2.6M20xas long as short
Arcus TSLA-USD+0.0040%1h377.07+0.024%$163K$93K10xas long as short
tradeXYZ xyz:TSLA+0.0045%1h377.47+0.130%$44.4M$14.0M20xas long as short
Vest TSLA-USD-PERP+0.0046%1h377.69+0.188%$130K25xas long as short
GRVT TSLA_USDT_Perp+0.0048%8h377.31+0.088%$849K$2.8M10xas long as short
Polymarket Perps TSLA-USD+0.0050%1h377.50+0.138%$302K$310K10xas long as short
SoDEX TSLA-USD+0.0050%1h377.36+0.101%$4K$3K10xas long as short
Ondo Perps TSLA-USD.P+0.0050%1h377.36+0.101%$1.5M$1.1M10xas long as short
Nado TSLA-PERP+0.0083%1h377.59+0.162%$491K$112K20xas long as short
Pacifica TSLA+0.0100%1h377.54+0.149%$391K$38K10xas long as short
KuCoin TSLAUSDTM+0.0100%8h377.30+0.085%$1.5M$106K20xas long as short
ApeX Omni TSLAUSDT+0.0100%1h377.12+0.037%$4K$61K50xas long as short
Orderly PERP_TSLA_USDC+0.0100%8h377.56+0.154%$41K$20K20xas long as short
Aevo TSLA-PERP+0.0104%1h377.60+0.164%$74810xas long as short
Injective TSLA/USDC PERP+0.0220%1h377.88+0.239%$79K$36K30xas long as short
Phoenix TSLA+0.0255%1h377.47+0.130%$1.3M$539K20xas long as short