Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0104%/8h= +11.4% APRpaid last 24h +0.031%

Price spread now: Aevo against Bybit−0.025%59s7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Bybit Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. Aevo is 0.025% cheaper against Bybit than usual: you would sell low and buy high (spread −0.025% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$2 on $10k: about 19 hours of funding at the current rate (+$3 a day). The two prices were read 59 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	Bybit TSLAUSDT	377.10	0	get 0.0000% / 8h	5h 03m	$10.3M	$15.4M	100x
Short	Aevo TSLA-PERP	377.01	0.0104	get 0.0013% / 1h	3m 29s	$746	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Bybit. 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 BybitbpFee AevobpOrdersPrice spread, now −0.025%Rate

Funding earned: $21.84
Price spread: −0.025% → 0.000%: −$2.46
Slippage, 4 orders: no order book: not counted
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$7.62
Costs to cover: 0.270%
Break-even: 9.4 days

Slippage unknown: Bybit: live order book, 5 min ago; Aevo: no order-book sample. Net counts fees only.

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 Bybit live order book, 5 min ago	0.40 bp	7.2 bp −$7	10.6 bp −$106	150.9 bp −$15.1K	doesn't fit
Sell Aevo no order-book sample	—	—	—	—	—

Aevo: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	−0.0616%	4h	377.12	+0.004%	$398K	$1.0M	10x	as long as short
BloFin TSLA-USDT	−0.0013%	8h	377.19	+0.024%	$577K	$354K	20x	as long as short
Aster TSLAUSDT	0.0000%	8h	377.16	+0.015%	$578K	$196K	50x	as long as short
Extended TSLA_24_5-USD	0.0000%	1h	376.96	−0.038%	$484K	$5.8M	10x	as long as short
Binance TSLAUSDT	0.0000%	8h	377.05	−0.013%	$47.4M	$110.9M	25x	as long as short
Bybit TSLAUSDTlong	0.0000%	8h	377.10	long leg	$10.3M	$15.4M	100x
OKX TSLA-USDT-SWAP	0.0000%	8h	377.01	−0.024%	$11.2M	$16.9M	25x	as long as short
RISEx TSLA/USDC	0.0000%	1h	377.08	−0.005%	$290K	$586K	20x	as long as short
Bitget TSLAUSDT	0.0000%	8h	377.00	−0.027%	$17.1M	$22.9M	100x	as long as short
Variational Omni TSLA	0.0000%	8h	377.03	−0.018%	$1.9M	$1.4M	—	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	377.14	+0.011%	$200K	$909K	20x	as long as short
Deribit TSLA_USDC-PERPETUAL	0.0000%	1h	376.86	−0.064%	$20K	$188K	10x	as long as short
Coinbase International TSLA-PERP-INTX	0.0000%	1h	377.04	−0.016%	$513K	$331K	10x	as long as short
Phemex TSLAUSDT	0.0000%	4h	377.12	+0.005%	$1.1M	$14K	10x	as long as short
Aftermath Perps TSLAUSD	+0.0016%	1h	377.09	−0.004%	$38K	$43K	10x	as long as short
QFEX TSLA-USD	+0.0019%	1h	377.07	−0.008%	$1.2M	$6.5M	10x	as long as short
Lighter RH TSLA	+0.0032%	1h	377.01	−0.024%	$1.2M	$2.6M	20x	as long as short
Arcus TSLA-USD	+0.0040%	1h	376.92	−0.048%	$162K	$96K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	377.04	−0.016%	—	$130K	25x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	376.75	−0.093%	$44.3M	$14.3M	20x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	376.98	−0.032%	$301K	$309K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	376.98	−0.032%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	376.82	−0.074%	$1.6M	$1.1M	10x	as long as short
Lighter TSLA	+0.0056%	1h	377.02	−0.021%	$819K	$3.6M	20x	as long as short
GRVT TSLA_USDT_Perp	+0.0061%	8h	377.26	+0.043%	$846K	$2.8M	10x	as long as short
Hotstuff TSLA-PERP	+0.0080%	1h	376.74	−0.095%	$34K	—	20x	as long as short
Bullet TSLA-USD	+0.0098%	1h	377.06	−0.011%	$5K	$92K	10x	as long as short
Pacifica TSLA	+0.0100%	1h	376.87	−0.061%	$391K	$38K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	376.96	−0.037%	$1.5M	$105K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	376.96	−0.037%	$4K	$62K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	376.85	−0.066%	$41K	$24K	20x	as long as short
Aevo TSLA-PERPshort	+0.0104%	1h	377.01	−0.025%	$746	—	10x
Gate TSLA_USDT	+0.0128%	8h	377.07	−0.008%	$2.3M	$3.7M	100x	as long as short
Nado TSLA-PERP	+0.0191%	1h	376.90	−0.053%	$490K	$112K	20x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	378.16	+0.281%	$79K	$36K	30x	as long as short
Phoenix TSLA	+0.0254%	1h	377.09	−0.003%	$1.3M	$539K	20x	as long as short