Settings8H · net · $10k
Funding arb · Price arb /

TSLA

RWAall TSLA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0052%/8h= +5.7% APRnext payment +$0.07 per $10,000 · paid last 24h +0.005%
Price spread now: Pacifica against Coinbase International+0.230%7-day average +0.061% · you sell dearer than you buy
Net, funding: paid 7d − costs−$34as in the Funding arb table
Net, price: spread back to 7d avg − costs−$20as in the Price arb table
costs, in and out, $10k−$370.369% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.031%+$3 on $10k
Price spread, last 3 days (all we have)−0.236%−$24 · spread now +0.230%, 7d avg +0.061%
Together, before fees−0.205%+ Points / potential airdropPacifica: Active · farm board−$20 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Pacifica is 0.169% dearer against Coinbase International than usual: you sell high and buy low: +$17 more if the spread goes back to its 7-day average of +0.061%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International TSLA-PERP-INTX375.110.0048pay 0.0006% / 1h50m 05s$529K$318K10x
ShortPacifica TSLA375.970.0100get 0.0013% / 1h50m 05s$389K$38K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica 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

Funding earned
$10.92
Price spread: +0.230% → +0.061%
$16.89
Slippage, 4 orders
−$18.85
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$9.04
Costs to cover
0.369%
Break-even
12.8 days
Slippage from Coinbase International: live order book, 23 min ago; Pacifica: live order book, 23 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Coinbase International live order book, 23 min ago2.53 bp8.3 bp −$810.5 bp −$105doesn't fitdoesn't fit
Sell Pacifica live order book, 23 min ago2.13 bp13.3 bp −$13doesn't fitdoesn't fitdoesn't fit

TSLA on 36 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX TSLAUSDC−0.0632%4h376.17+0.283%$398K$1.0M10xas long as short
Aster TSLAUSDT0.0000%8h376.10+0.263%$585K$191K50xas long as short
Extended TSLA_24_5-USD0.0000%1h376.16+0.280%$477K$10.8M10xas long as short
Binance TSLAUSDT0.0000%8h376.25+0.303%$47.0M$109.5M25xas long as short
Bybit TSLAUSDT0.0000%8h376.28+0.312%$10.2M$15.4M100xas long as short
OKX TSLA-USDT-SWAP0.0000%8h376.11+0.267%$11.2M$16.8M25xas long as short
Gate TSLA_USDT0.0000%8h376.24+0.301%$2.3M$3.9M100xas long as short
Bitget TSLAUSDT0.0000%8h376.11+0.267%$16.8M$22.6M100xas long as short
Variational Omni TSLA0.0000%8h376.18+0.284%$1.9M$1.3Mas long as short
StandX TSLA-USD0.0000%1h376.22+0.296%$200K$894K20xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit TSLA_USDC-PERPETUAL0.0000%1h376.14+0.275%$20K$186K10xas long as short
Phemex TSLAUSDT0.0000%4h376.20+0.291%$1.1M$13K10xas long as short
Aftermath Perps TSLAUSD+0.0009%1h375.92+0.216%$38K$47K10xas long as short
BloFin TSLA-USDT+0.0016%8h376.22+0.296%$568K$341K20xas long as short
QFEX TSLA-USD+0.0028%1h376.13+0.272%$1.2M$7.2M10xas long as short
Lighter TSLA+0.0032%1h376.19+0.288%$654K$3.3M20xas long as short
Lighter RH TSLA+0.0032%1h376.22+0.296%$1.2M$2.5M20xas long as short
Arcus TSLA-USD+0.0040%1h376.04+0.248%$165K$91K10xas long as short
GRVT TSLA_USDT_Perp+0.0045%8h376.29+0.315%$845K$2.8M10xas long as short
Vest TSLA-USD-PERP+0.0046%1h376.20+0.291%$133K25xas long as short
Coinbase International TSLA-PERP-INTXlong+0.0048%1h375.11long leg$529K$318K10x
Polymarket Perps TSLA-USD+0.0050%1h376.02+0.243%$298K$308K10xas long as short
SoDEX TSLA-USD+0.0050%1h376.14+0.275%$4K$3K10xas long as short
Ondo Perps TSLA-USD.P+0.0050%1h375.92+0.216%$1.6M$1.0M10xas long as short
RISEx TSLA/USDC+0.0079%1h376.27+0.310%$291K$597K20xas long as short
Pacifica TSLAshort+0.0100%1h375.97+0.230%$389K$38K10x
KuCoin TSLAUSDTM+0.0100%8h376.05+0.251%$1.5M$158K20xas long as short
ApeX Omni TSLAUSDT+0.0100%1h376.06+0.253%$4K$62K50xas long as short
Orderly PERP_TSLA_USDC+0.0100%8h376.24+0.301%$41K$21K20xas long as short
Aevo TSLA-PERP+0.0104%1h376.10+0.265%$74510xas long as short
tradeXYZ xyz:TSLA+0.0124%1h376.04+0.248%$44.3M$14.3M20xas long as short
Nado TSLA-PERP+0.0133%1h376.09+0.262%$491K$111K20xas long as short
Injective TSLA/USDC PERP+0.0220%1h377.10+0.531%$78K$36K30xas long as short
Phoenix TSLA+0.0277%1h376.06+0.253%$1.3M$547K20xas long as short
Bullet TSLA-USD+0.0327%1h376.24+0.301%$5K$91K10xas long as short
Hotstuff TSLA-PERP+0.0456%1h376.05+0.251%$34K20xas long as short