Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0115%/8h= +12.6% APRpaid last 24h +0.021%

Price spread now: Nado against Bybit−0.048%7-day average −0.055% · 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−$39as in the Price arb table

costs, in and out, $10k−$390.395% of the position

Long on Bybit Short on Nado

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.036%−$4 on $10k

Price spread, last 4 days (all we have)−0.476%−$48 · spread now −0.048%, 7d avg −0.055%

Together, before fees−0.512%+ Points / potential airdropNado: Active · farm board−$51 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.055%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit TSLAUSDT	377.55	0	get 0.0000% / 8h	5h 47m	$10.3M	$15.5M	100x
Short	Nado TSLA-PERP	377.37	0.0115	get 0.0014% / 1h	47m 46s	$491K	$112K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado 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 NadobpOrdersPrice spread, now −0.048%Rate

Funding earned: $24.1
Price spread: −0.048% → −0.055%: $0.68
Slippage, 4 orders: −$21.49
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$14.71
Costs to cover: 0.395%
Break-even: 11.3 days

Slippage from Bybit: live order book, 1 min ago; Nado: live order book, 15 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 Bybit live order book, 1 min ago	0.13 bp	7.5 bp −$8	11.0 bp −$110	doesn't fit	doesn't fit
Sell Nado live order book, 15 min ago	4.51 bp	14.0 bp −$14	31.2 bp −$312	doesn't fit	doesn't fit

TSLA on 35 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	−0.0072%	4h	377.37	−0.048%	$399K	$1.0M	10x	as long as short
Aster TSLAUSDT	0.0000%	8h	377.51	−0.011%	$578K	$196K	50x	as long as short
Extended TSLA_24_5-USD	0.0000%	1h	377.42	−0.035%	$479K	$7.8M	10x	as long as short
Binance TSLAUSDT	0.0000%	8h	377.50	−0.013%	$47.4M	$110.5M	25x	as long as short
Bybit TSLAUSDTlong	0.0000%	8h	377.55	long leg	$10.3M	$15.5M	100x
OKX TSLA-USDT-SWAP	0.0000%	8h	377.50	−0.013%	$11.2M	$16.8M	25x	as long as short
RISEx TSLA/USDC	0.0000%	1h	377.54	−0.004%	$290K	$598K	20x	as long as short
Bitget TSLAUSDT	0.0000%	8h	377.43	−0.032%	$17.0M	$22.9M	100x	as long as short
Variational Omni TSLA	0.0000%	8h	377.41	−0.037%	$1.9M	$1.4M	—	as long as short
GRVT TSLA_USDT_Perp	0.0000%	8h	377.55	0.000%	$851K	$2.8M	10x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
StandX TSLA-USD	0.0000%	1h	377.38	−0.045%	$200K	$908K	20x	as long as short
Deribit TSLA_USDC-PERPETUAL	0.0000%	1h	377.33	−0.058%	$20K	$187K	10x	as long as short
Coinbase International TSLA-PERP-INTX	0.0000%	1h	377.33	−0.058%	$513K	$328K	10x	as long as short
Phemex TSLAUSDT	0.0000%	4h	377.45	−0.026%	$1.1M	$15K	10x	as long as short
Aftermath Perps TSLAUSD	+0.0008%	1h	377.24	−0.082%	$38K	$44K	10x	as long as short
QFEX TSLA-USD	+0.0019%	1h	377.38	−0.045%	$1.2M	$6.6M	10x	as long as short
Bullet TSLA-USD	+0.0030%	1h	377.47	−0.021%	$5K	$92K	10x	as long as short
Lighter TSLA	+0.0032%	1h	377.48	−0.019%	$824K	$3.6M	20x	as long as short
Lighter RH TSLA	+0.0032%	1h	377.49	−0.016%	$1.2M	$2.6M	20x	as long as short
Hotstuff TSLA-PERP	+0.0032%	1h	377.16	−0.103%	$34K	—	20x	as long as short
Arcus TSLA-USD	+0.0040%	1h	377.34	−0.056%	$162K	$95K	10x	as long as short
tradeXYZ xyz:TSLA	+0.0043%	1h	377.19	−0.095%	$44.4M	$14.3M	20x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	377.49	−0.016%	—	$130K	25x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	377.34	−0.056%	$301K	$310K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	377.44	−0.029%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	377.17	−0.101%	$1.5M	$1.1M	10x	as long as short
Gate TSLA_USDT	+0.0097%	8h	377.49	−0.016%	$2.3M	$3.7M	100x	as long as short
Pacifica TSLA	+0.0100%	1h	377.33	−0.058%	$391K	$37K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	377.32	−0.061%	$1.5M	$105K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	377.34	−0.056%	$4K	$62K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	377.31	−0.064%	$41K	$22K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	377.37	−0.047%	$747	—	10x	as long as short
Nado TSLA-PERPshort	+0.0115%	1h	377.37	−0.048%	$491K	$112K	20x
Injective TSLA/USDC PERP	+0.0220%	1h	378.43	+0.233%	$79K	$36K	30x	as long as short
Phoenix TSLA	+0.0254%	1h	377.50	−0.013%	$1.3M	$539K	20x	as long as short