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

TSLA

RWAall TSLA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0811%/8h= +88.8% APRpaid last 24h +0.210%
Price spread now: tradeXYZ against edgeX−0.237%106s7-day average −0.046% · you buy dearer than you sell
Net, funding: paid 7d − costs−$20as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$380.380% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.182%+$18 on $10k
Price spread, last 7 days+0.227%+$23 · spread now −0.237%, 7d avg −0.046%
Together, before fees+0.409%+ Points / potential airdropedgeX: Active · tradeXYZ: Active · farm board+$41 on $10k · with fees, hour by hour
Funding pays, the price is against you. tradeXYZ is 0.191% cheaper against edgeX than usual: you would sell low and buy high (spread −0.237% now, against its 7-day average of −0.046%). If the spread goes back, that is −$19 on $10k: about 19 hours of funding at the current rate (+$24 a day). At the pace of the last 7 days (+0.182% in total) that is about 7.4 days. The two prices were read 106 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.182% in total (about 9.5% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX TSLAUSDC375.83−0.0761get 0.0380% / 4h3h 33m$397K$1.0M10x
ShorttradeXYZ xyz:TSLA374.940.0050get 0.0006% / 1h33m 49s$44.5M$14.7M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

tradeXYZ against edgeX. 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
$170.24
Price spread: −0.237% → −0.046%
−$19.14
Slippage, 4 orders
−$11.02
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
$113.08
Costs to cover
0.380%
Break-even
2.4 days
Slippage from edgeX: live order book, 5 min ago; tradeXYZ: live order book, 4 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 edgeX live order book, 5 min ago4.26 bp8.9 bp −$911.9 bp −$119doesn't fitdoesn't fit
Sell tradeXYZ live order book, 4 min ago0.40 bp10.1 bp −$1012.0 bp −$120doesn'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 TSLAUSDClong−0.0761%4h375.83long leg$397K$1.0M10x
Bybit TSLAUSDT0.0000%8h375.29−0.144%$10.2M$15.3M100xas long as short
OKX TSLA-USDT-SWAP0.0000%8h375.20−0.168%$11.2M$16.8M25xas long as short
Gate TSLA_USDT0.0000%8h375.29−0.144%$2.3M$3.3M100xas long as short
Bitget TSLAUSDT0.0000%8h375.11−0.192%$17.3M$23.0M100xas long as short
StandX TSLA-USD0.0000%1h375.43−0.107%$199K$934K20xas long as short
Deribit TSLA_USDC-PERPETUAL0.0000%1h375.54−0.078%$18K$191K10xas long as short
Phemex TSLAUSDT0.0000%4h375.53−0.080%$1.1M$14K10xas long as short
Aster TSLAUSDT+0.0007%8h375.46−0.098%$573K$200K50xas long as short
Aftermath Perps TSLAUSD+0.0030%1h375.52−0.084%$38K$35K10xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter TSLA+0.0032%1h375.52−0.083%$804K$3.7M20xas long as short
Lighter RH TSLA+0.0032%1h375.56−0.072%$1.2M$2.5M20xas long as short
Arcus TSLA-USD+0.0040%1h375.21−0.166%$134K$107K10xas long as short
Variational Omni TSLA+0.0042%8h375.42−0.109%$1.8M$1.3Mas long as short
Vest TSLA-USD-PERP+0.0046%1h375.42−0.110%$126K25xas long as short
QFEX TSLA-USD+0.0048%1h375.40−0.115%$1.2M$6.2M10xas long as short
tradeXYZ xyz:TSLAshort+0.0050%1h374.94−0.237%$44.5M$14.7M20x
Polymarket Perps TSLA-USD+0.0050%1h375.15−0.181%$300K$161K10xas long as short
SoDEX TSLA-USD+0.0050%1h375.41−0.112%$4K$3K10xas long as short
Ondo Perps TSLA-USD.P+0.0050%1h375.45−0.102%$1.6M$1.1M10xas long as short
Bullet TSLA-USD+0.0063%1h375.40−0.115%$5K$92K10xas long as short
Extended TSLA_24_5-USD+0.0064%1h375.30−0.142%$481K$2.7M10xas long as short
Binance TSLAUSDT+0.0066%8h375.30−0.142%$47.0M$114.8M25xas long as short
BloFin TSLA-USDT+0.0091%8h375.48−0.094%$580K$358K20xas long as short
GRVT TSLA_USDT_Perp+0.0099%8h375.91+0.020%$850K$2.9M10xas long as short
Pacifica TSLA+0.0100%1h375.18−0.174%$388K$36K10xas long as short
KuCoin TSLAUSDTM+0.0100%8h375.32−0.136%$1.5M$2.3M20xas long as short
ApeX Omni TSLAUSDT+0.0100%1h375.45−0.102%$4K$62K50xas long as short
Orderly PERP_TSLA_USDC+0.0100%8h375.46−0.099%$41K$23K20xas long as short
Aevo TSLA-PERP+0.0104%1h375.49−0.091%$74310xas long as short
Hotstuff TSLA-PERP+0.0120%1h375.34−0.131%$34K20xas long as short
Nado TSLA-PERP+0.0159%1h375.65−0.049%$497K$116K20xas long as short
Coinbase International TSLA-PERP-INTX+0.0160%1h375.48−0.094%$506K$355K10xas long as short
Injective TSLA/USDC PERP+0.0220%1h379.64+1.013%$79K$37K30xas long as short
RISEx TSLA/USDC+0.0290%1h375.42−0.110%$214K$654K20xas long as short
Phoenix TSLA+0.0404%1h375.66−0.046%$1.3M$507K20xas long as short