Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC+0.0058%/8h= +6.3% APRpaid last 24h −0.015%

Price spread now: BloFin against Coinbase International+0.087%7-day average +0.107% · you sell dearer than you buy

Net, funding: paid 7d − costs−$33as in the Funding arb table

Net, price: spread back to 7d avg − costs−$35as in the Price arb table

costs, in and out, $10k−$330.328% of the position

Long on Coinbase International Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 4 days (all we have)−0.013%−$1 · spread now +0.087%, 7d avg +0.107%

Together, before fees−0.014%−$1 on $10k · with fees, hour by hour

Funding pays, the price is against you. BloFin is 0.020% cheaper against Coinbase International than usual: you would sell low and buy high (spread +0.087% now, against its 7-day average of +0.107%). If the spread goes back, that is −$2 on $10k: about 28 hours of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International TSLA-PERP-INTX	377.89	0.0112	pay 0.0014% / 1h	26m 44s	$519K	$384K	10x
Short	BloFin TSLA-USDT	378.22	0.0170	get 0.0170% / 8h	5h 26m	$590K	$375K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Coinbase International. 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 Coinbase InternationalbpFee BloFinbpOrdersPrice spread, now +0.087%Rate

Funding earned: $12.17
Price spread: +0.087% → +0.107%: −$2.02
Slippage, 4 orders: −$10.76
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$22.61
Costs to cover: 0.328%
Break-even: 20.0 days

Slippage from Coinbase International: live order book, 19 min ago; BloFin: live order book, 18 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 Coinbase International live order book, 19 min ago	3.44 bp	8.4 bp −$8	10.4 bp −$104	doesn't fit	doesn't fit
Sell BloFin live order book, 18 min ago	0.40 bp	7.7 bp −$8	10.8 bp −$108	23.3 bp −$2,332	doesn't fit

TSLA on 36 exchanges

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
Hotstuff TSLA-PERP	−0.1600%	1h	377.89	0.000%	$34K	—	20x	as long as short
edgeX TSLAUSDC	−0.0528%	4h	378.10	+0.055%	$399K	$1.0M	10x	as long as short
Bybit TSLAUSDT	0.0000%	8h	378.24	+0.093%	$10.2M	$14.2M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	378.25	+0.095%	$11.3M	$15.6M	25x	as long as short
Gate TSLA_USDT	0.0000%	8h	378.21	+0.085%	$2.3M	$3.2M	100x	as long as short
Bitget TSLAUSDT	0.0000%	8h	378.23	+0.090%	$17.3M	$24.2M	100x	as long as short
StandX TSLA-USD	0.0000%	1h	377.94	+0.013%	$201K	$985K	20x	as long as short
Deribit TSLA_USDC-PERPETUAL	0.0000%	1h	377.93	+0.011%	$18K	$189K	10x	as long as short
Phemex TSLAUSDT	0.0000%	4h	378.23	+0.090%	$1.1M	$14K	10x	as long as short
Aftermath Perps TSLAUSD	+0.0023%	1h	377.95	+0.015%	$38K	$36K	10x	as long as short

Show all 36 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH TSLA	+0.0032%	1h	378.15	+0.069%	$1.2M	$2.5M	20x	as long as short
Injective TSLA/USDC PERP	+0.0033%	1h	377.45	−0.116%	$74K	$41K	30x	as long as short
Arcus TSLA-USD	+0.0044%	1h	377.89	0.000%	$133K	$85K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	378.09	+0.053%	—	$126K	25x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	377.95	+0.016%	$44.8M	$14.9M	20x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	377.92	+0.008%	$301K	$134K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	378.07	+0.048%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	377.92	+0.008%	$1.5M	$1.2M	10x	as long as short
QFEX TSLA-USD	+0.0051%	1h	378.09	+0.053%	$1.2M	$6.2M	10x	as long as short
Lighter TSLA	+0.0072%	1h	378.15	+0.069%	$809K	$3.6M	20x	as long as short
Pacifica TSLA	+0.0100%	1h	377.86	−0.008%	$392K	$36K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	377.85	−0.011%	$1.4M	$4.1M	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	377.92	+0.008%	$4K	$62K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	377.90	+0.003%	$41K	$23K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	378.04	+0.039%	$749	—	10x	as long as short
Coinbase International TSLA-PERP-INTXlong	+0.0112%	1h	377.89	long leg	$519K	$384K	10x
Aster TSLAUSDT	+0.0121%	8h	378.32	+0.113%	$576K	$200K	50x	as long as short
Variational Omni TSLA	+0.0146%	8h	377.99	+0.025%	$1.7M	$1.5M	—	as long as short
Bullet TSLA-USD	+0.0146%	1h	378.17	+0.075%	$5K	$94K	10x	as long as short
BloFin TSLA-USDTshort	+0.0170%	8h	378.22	+0.087%	$590K	$375K	20x
Extended TSLA_24_5-USD	+0.0176%	1h	378.11	+0.058%	$486K	$2.7M	10x	as long as short
Binance TSLAUSDT	+0.0176%	8h	378.23	+0.090%	$47.5M	$115.1M	25x	as long as short
Nado TSLA-PERP	+0.0186%	1h	377.94	+0.012%	$501K	$99K	20x	as long as short
RISEx TSLA/USDC	+0.0351%	1h	378.21	+0.085%	$229K	$634K	20x	as long as short
Phoenix TSLA	+0.0360%	1h	378.21	+0.085%	$1.3M	$484K	20x	as long as short
GRVT TSLA_USDT_Perp	+0.0421%	8h	378.13	+0.063%	$847K	$2.9M	10x	as long as short