Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.030%

Price spread now: Pacifica against Bybit−0.061%48s7-day average −0.061% · you buy dearer than you sell

Net, funding: paid 7d − costs−$14as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$340.344% of the position

Long on Bybit Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 7 days+0.201%+$20 on $10k

Price spread, last 4 days (all we have)−0.003%$0 · spread now −0.061%, 7d avg −0.061%

Together, before fees+0.198%+ Points / potential airdropPacifica: Active · farm board+$20 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.061%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate. The two prices were read 48 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	376.79	0	get 0.0000% / 8h	7h 02m	$10.2M	$15.5M	100x
Short	Pacifica TSLA	376.56	0.0100	get 0.0013% / 1h	2m 48s	$390K	$38K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica 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 PacificabpOrdersPrice spread, now −0.061%Rate

Funding earned: $21
Price spread: −0.061% → −0.061%: −$0.02
Slippage, 4 orders: −$15.43
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$13.45
Costs to cover: 0.344%
Break-even: 11.5 days

Slippage from Bybit: live order book, 1 min ago; Pacifica: live order book, 6 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	7.9 bp −$8	12.2 bp −$122	147.9 bp −$14.8K	doesn't fit
Sell Pacifica live order book, 6 min ago	1.60 bp	14.1 bp −$14	doesn't fit	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	−0.0083%	4h	376.55	−0.064%	$398K	$1.0M	10x	as long as short
Aster TSLAUSDT	0.0000%	8h	376.57	−0.058%	$577K	$195K	50x	as long as short
Extended TSLA_24_5-USD	0.0000%	1h	376.74	−0.015%	$479K	$10.8M	10x	as long as short
Binance TSLAUSDT	0.0000%	8h	376.82	+0.008%	$47.1M	$109.4M	25x	as long as short
Bybit TSLAUSDTlong	0.0000%	8h	376.79	long leg	$10.2M	$15.5M	100x
OKX TSLA-USDT-SWAP	0.0000%	8h	376.73	−0.016%	$11.2M	$16.6M	25x	as long as short
Gate TSLA_USDT	0.0000%	8h	376.80	+0.003%	$2.3M	$4.0M	100x	as long as short
Bitget TSLAUSDT	0.0000%	8h	376.70	−0.024%	$16.9M	$22.8M	100x	as long as short
Variational Omni TSLA	0.0000%	8h	376.72	−0.020%	$1.9M	$1.3M	—	as long as short
StandX TSLA-USD	0.0000%	1h	376.77	−0.005%	$200K	$904K	20x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit TSLA_USDC-PERPETUAL	0.0000%	1h	376.73	−0.016%	$20K	$186K	10x	as long as short
Phemex TSLAUSDT	0.0000%	4h	376.74	−0.013%	$1.1M	$13K	10x	as long as short
Aftermath Perps TSLAUSD	+0.0010%	1h	376.44	−0.093%	$39K	$46K	10x	as long as short
BloFin TSLA-USDT	+0.0014%	8h	376.59	−0.053%	$573K	$339K	20x	as long as short
QFEX TSLA-USD	+0.0028%	1h	376.65	−0.037%	$1.2M	$6.9M	10x	as long as short
Lighter TSLA	+0.0032%	1h	376.79	0.000%	$830K	$3.6M	20x	as long as short
Lighter RH TSLA	+0.0032%	1h	376.83	+0.011%	$1.2M	$2.6M	20x	as long as short
Arcus TSLA-USD	+0.0040%	1h	376.56	−0.061%	$163K	$93K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	376.72	−0.019%	—	$133K	25x	as long as short
Coinbase International TSLA-PERP-INTX	+0.0048%	1h	375.11	−0.446%	$529K	$307K	10x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	376.55	−0.064%	$44.3M	$14.1M	20x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	376.53	−0.069%	$301K	$310K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	376.73	−0.016%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	376.45	−0.090%	$1.5M	$1.1M	10x	as long as short
Bullet TSLA-USD	+0.0074%	1h	376.78	−0.003%	$6K	$92K	10x	as long as short
RISEx TSLA/USDC	+0.0079%	1h	376.72	−0.019%	$292K	$598K	20x	as long as short
Pacifica TSLAshort	+0.0100%	1h	376.56	−0.061%	$390K	$38K	10x
KuCoin TSLAUSDTM	+0.0100%	8h	376.51	−0.074%	$1.5M	$106K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	376.47	−0.085%	$4K	$62K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	376.77	−0.005%	$41K	$20K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	376.67	−0.032%	$746	—	10x	as long as short
Nado TSLA-PERP	+0.0132%	1h	376.64	−0.040%	$490K	$112K	20x	as long as short
Hotstuff TSLA-PERP	+0.0152%	1h	376.50	−0.077%	$34K	—	20x	as long as short
GRVT TSLA_USDT_Perp	+0.0175%	8h	376.75	−0.010%	$850K	$2.7M	10x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	377.21	+0.111%	$78K	$36K	30x	as long as short
Phoenix TSLA	+0.0277%	1h	376.82	+0.008%	$1.3M	$547K	20x	as long as short