Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.005%

Price spread now: OKX against Bybit−0.032%7-day average −0.006% · you buy dearer than you sell

Net, funding: paid 7d − costs−$25as in the Funding arb table

Net, price: spread back to 7d avg − costs−$30as in the Price arb table

costs, in and out, $10k−$280.278% of the position

Long on Bybit Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.032%+$3 on $10k

Price spread, last 7 days+0.013%+$1 · spread now −0.032%, 7d avg −0.006%

Together, before fees+0.045%+$5 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: OKX is 0.026% cheaper against Bybit than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.006%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit TSLAUSDT	375.92	0	get 0.0000% / 8h	12m 24s	$10.2M	$15.4M	100x
Short	OKX TSLA-USDT-SWAP	375.80	0	get 0.0000% / 8h	12m 24s	$11.2M	$16.8M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now −0.032%Rate

Funding earned: $0
Price spread: −0.032% → −0.006%: −$2.6
Slippage, 4 orders: −$6.78
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee OKX: 5 bp × 2 orders: −$10
Net: −$30.38
Costs to cover: 0.278%
Break-even: never at this rate

Slippage from Bybit: live order book, 1 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Bybit live order book, 1 min ago	0.13 bp	8.1 bp −$8	12.1 bp −$121	159.9 bp −$16.0K	doesn't fit
Sell OKX live order book, 1 min ago	0.13 bp	6.2 bp −$6	9.1 bp −$91	doesn't fit	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	−0.0714%	4h	375.73	−0.051%	$397K	$1.0M	10x	as long as short
BloFin TSLA-USDT	−0.0029%	8h	375.83	−0.024%	$569K	$341K	20x	as long as short
Aster TSLAUSDT	0.0000%	8h	375.68	−0.063%	$585K	$191K	50x	as long as short
Extended TSLA_24_5-USD	0.0000%	1h	375.78	−0.038%	$478K	$10.6M	10x	as long as short
Binance TSLAUSDT	0.0000%	8h	375.86	−0.016%	$46.9M	$110.1M	25x	as long as short
Bybit TSLAUSDTlong	0.0000%	8h	375.92	long leg	$10.2M	$15.4M	100x
OKX TSLA-USDT-SWAPshort	0.0000%	8h	375.80	−0.032%	$11.2M	$16.8M	25x
Gate TSLA_USDT	0.0000%	8h	375.75	−0.045%	$2.3M	$4.1M	100x	as long as short
Bitget TSLAUSDT	0.0000%	8h	375.75	−0.045%	$16.7M	$22.6M	100x	as long as short
Variational Omni TSLA	0.0000%	8h	375.70	−0.058%	$1.9M	$1.3M	—	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	375.82	−0.027%	$199K	$893K	20x	as long as short
Bullet TSLA-USD	0.0000%	1h	375.84	−0.022%	$5K	$90K	10x	as long as short
Deribit TSLA_USDC-PERPETUAL	0.0000%	1h	375.65	−0.072%	$20K	$187K	10x	as long as short
Phemex TSLAUSDT	0.0000%	4h	375.80	−0.032%	$1.1M	$13K	10x	as long as short
Aftermath Perps TSLAUSD	+0.0009%	1h	375.62	−0.080%	$38K	$47K	10x	as long as short
QFEX TSLA-USD	+0.0031%	1h	375.72	−0.053%	$1.2M	$7.3M	10x	as long as short
Lighter TSLA	+0.0032%	1h	375.81	−0.029%	$653K	$3.3M	20x	as long as short
Lighter RH TSLA	+0.0032%	1h	375.83	−0.024%	$1.2M	$2.6M	20x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	375.76	−0.043%	—	$133K	25x	as long as short
Hotstuff TSLA-PERP	+0.0048%	1h	375.56	−0.096%	$34K	—	20x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	375.58	−0.090%	$44.2M	$14.7M	20x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	375.62	−0.080%	$297K	$307K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	375.76	−0.043%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	375.38	−0.144%	$1.6M	$1.0M	10x	as long as short
Arcus TSLA-USD	+0.0083%	1h	375.63	−0.077%	$165K	$95K	10x	as long as short
RISEx TSLA/USDC	+0.0085%	1h	375.86	−0.016%	$254K	$577K	20x	as long as short
Pacifica TSLA	+0.0100%	1h	375.62	−0.080%	$389K	$38K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	375.62	−0.080%	$1.5M	$160K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	375.61	−0.082%	$4K	$62K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	375.63	−0.077%	$41K	$21K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	375.77	−0.039%	$744	—	10x	as long as short
Nado TSLA-PERP	+0.0106%	1h	375.67	−0.067%	$493K	$110K	20x	as long as short
Coinbase International TSLA-PERP-INTX	+0.0120%	1h	375.11	−0.215%	$529K	$328K	10x	as long as short
GRVT TSLA_USDT_Perp	+0.0145%	8h	375.83	−0.024%	$846K	$2.8M	10x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	376.62	+0.186%	$78K	$36K	30x	as long as short
Phoenix TSLA	+0.0362%	1h	375.94	+0.005%	$1.3M	$547K	20x	as long as short