Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0003%/8h= +0.4% APRpaid last 24h +0.002%

Price spread now: QFEX against BloFin+0.016%7-day average −0.022% · 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−$23as in the Price arb table

costs, in and out, $10k−$260.264% of the position

Long on BloFin Short on QFEX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.030%−$3 on $10k

Price spread, last 3 days (all we have)−0.025%−$2 · spread now +0.016%, 7d avg −0.022%

Together, before fees−0.055%−$6 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: QFEX is 0.038% dearer against BloFin than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.022%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin TSLA-USDT	376.79	0.0020	pay 0.0020% / 8h	6h 56m	$572K	$340K	20x
Short	QFEX TSLA-USD	376.85	0.0023	get 0.0003% / 1h	56m 07s	$1.2M	$6.9M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

QFEX 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

Position, each leg$Hold fordaysFee BloFinbpFee QFEXbpOrdersPrice spread, now +0.016%Rate

Funding earned: $0.73
Price spread: +0.016% → −0.022%: $3.79
Slippage, 4 orders: −$4.41
Fee BloFin: 6 bp × 2 orders: −$12
Fee QFEX: 5 bp × 2 orders: −$10
Net: −$21.89
Costs to cover: 0.264%
Break-even: 218.3 days

Slippage from BloFin: live order book, 10 min ago; QFEX: live order book, 13 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 BloFin live order book, 10 min ago	0.13 bp	6.8 bp −$7	9.8 bp −$98	20.1 bp −$2,015	doesn't fit
Sell QFEX live order book, 13 min ago	1.73 bp	6.7 bp −$7	7.1 bp −$71	12.9 bp −$1,288	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	−0.0791%	4h	376.79	0.000%	$398K	$1.0M	10x	as long as short
Coinbase International TSLA-PERP-INTX	−0.0016%	1h	375.11	−0.446%	$529K	$307K	10x	as long as short
Aster TSLAUSDT	0.0000%	8h	376.85	+0.015%	$577K	$195K	50x	as long as short
Extended TSLA_24_5-USD	0.0000%	1h	376.84	+0.014%	$486K	$10.8M	10x	as long as short
Binance TSLAUSDT	0.0000%	8h	376.94	+0.040%	$47.2M	$109.7M	25x	as long as short
Bybit TSLAUSDT	0.0000%	8h	376.98	+0.050%	$10.2M	$15.5M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	376.86	+0.019%	$11.2M	$16.6M	25x	as long as short
RISEx TSLA/USDC	0.0000%	1h	376.96	+0.046%	$292K	$598K	20x	as long as short
Gate TSLA_USDT	0.0000%	8h	376.93	+0.037%	$2.3M	$3.8M	100x	as long as short
Bitget TSLAUSDT	0.0000%	8h	376.86	+0.019%	$16.9M	$22.7M	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	376.88	+0.023%	$1.9M	$1.3M	—	as long as short
StandX TSLA-USD	0.0000%	1h	376.76	−0.008%	$200K	$905K	20x	as long as short
Bullet TSLA-USD	0.0000%	1h	376.93	+0.037%	$6K	$93K	10x	as long as short
Deribit TSLA_USDC-PERPETUAL	0.0000%	1h	376.81	+0.005%	$20K	$187K	10x	as long as short
Phemex TSLAUSDT	0.0000%	4h	376.88	+0.024%	$1.1M	$13K	10x	as long as short
Aftermath Perps TSLAUSD	+0.0009%	1h	376.63	−0.041%	$38K	$46K	10x	as long as short
BloFin TSLA-USDTlong	+0.0020%	8h	376.79	long leg	$572K	$340K	20x
QFEX TSLA-USDshort	+0.0023%	1h	376.85	+0.016%	$1.2M	$6.9M	10x
Lighter TSLA	+0.0032%	1h	376.97	+0.048%	$830K	$3.5M	20x	as long as short
Lighter RH TSLA	+0.0032%	1h	377.00	+0.056%	$1.2M	$2.6M	20x	as long as short
Arcus TSLA-USD	+0.0040%	1h	376.73	−0.016%	$163K	$93K	10x	as long as short
tradeXYZ xyz:TSLA	+0.0042%	1h	376.74	−0.013%	$44.4M	$14.2M	20x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	376.98	+0.050%	—	$133K	25x	as long as short
Hotstuff TSLA-PERP	+0.0048%	1h	376.56	−0.061%	$34K	—	20x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	376.73	−0.016%	$301K	$310K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	376.85	+0.016%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	376.74	−0.013%	$1.5M	$1.1M	10x	as long as short
Nado TSLA-PERP	+0.0079%	1h	376.88	+0.024%	$490K	$112K	20x	as long as short
Pacifica TSLA	+0.0100%	1h	376.80	+0.003%	$390K	$38K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	376.65	−0.037%	$1.5M	$106K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	376.65	−0.037%	$4K	$61K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	376.91	+0.032%	$41K	$20K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	376.85	+0.016%	$746	—	10x	as long as short
GRVT TSLA_USDT_Perp	+0.0185%	8h	376.76	−0.008%	$850K	$2.7M	10x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	377.39	+0.159%	$78K	$36K	30x	as long as short
Phoenix TSLA	+0.0277%	1h	377.02	+0.061%	$1.3M	$535K	20x	as long as short