Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0020%/8h= −2.2% APRpaid last 24h +0.083%

Price spread now: KuCoin against Hotstuff+0.027%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Hotstuff Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropHotstuff: Active · farm boardneeds both histories

The price spread pays, funding is against you. KuCoin is 0.027% dearer against Hotstuff than usual: you sell high and buy low (spread +0.027% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 4.4 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hotstuff TSLA-PERP	375.34	0.0120	pay 0.0015% / 1h	35m 03s	$34K	—	20x
Short	KuCoin TSLAUSDTM	375.44	0.0100	get 0.0100% / 8h	7h 35m	$1.5M	$2.3M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Hotstuff. 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 HotstuffbpFee KuCoinbpOrdersPrice spread, now +0.027%Rate

Funding earned: −$4.2
Price spread: +0.027% → 0.000%: $2.66
Slippage, 4 orders: no order book: not counted
Fee Hotstuff: 2.5 bp × 2 orders: −$5
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$18.54
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: Hotstuff: no order-book sample; KuCoin: live order book, 1 min ago. Net counts fees only.

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 Hotstuff no order-book sample	—	—	—	—	—
Sell KuCoin live order book, 1 min ago	2.00 bp	30.9 bp −$31	doesn't fit	doesn't fit	doesn't fit

Hotstuff: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	−0.0761%	4h	375.83	+0.131%	$397K	$1.0M	10x	as long as short
Bybit TSLAUSDT	0.0000%	8h	375.37	+0.008%	$10.1M	$15.3M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	375.40	+0.016%	$11.2M	$16.7M	25x	as long as short
Gate TSLA_USDT	0.0000%	8h	375.41	+0.019%	$2.3M	$3.3M	100x	as long as short
Bitget TSLAUSDT	0.0000%	8h	375.36	+0.005%	$17.3M	$23.0M	100x	as long as short
StandX TSLA-USD	0.0000%	1h	375.43	+0.024%	$199K	$934K	20x	as long as short
Deribit TSLA_USDC-PERPETUAL	0.0000%	1h	375.30	−0.011%	$18K	$191K	10x	as long as short
Phemex TSLAUSDT	0.0000%	4h	375.42	+0.021%	$1.1M	$14K	10x	as long as short
Aster TSLAUSDT	+0.0007%	8h	375.63	+0.077%	$573K	$200K	50x	as long as short
Aftermath Perps TSLAUSD	+0.0029%	1h	375.55	+0.057%	$38K	$36K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter TSLA	+0.0032%	1h	375.34	0.000%	$803K	$3.7M	20x	as long as short
Lighter RH TSLA	+0.0032%	1h	375.35	+0.003%	$1.2M	$2.5M	20x	as long as short
Arcus TSLA-USD	+0.0040%	1h	375.25	−0.024%	$134K	$107K	10x	as long as short
Variational Omni TSLA	+0.0042%	8h	375.42	+0.022%	$1.8M	$1.3M	—	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	375.45	+0.029%	—	$126K	25x	as long as short
QFEX TSLA-USD	+0.0048%	1h	375.45	+0.029%	$1.2M	$6.2M	10x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	375.19	−0.040%	$44.5M	$14.7M	20x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	375.19	−0.040%	$300K	$161K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	375.30	−0.011%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	375.45	+0.029%	$1.6M	$1.1M	10x	as long as short
Bullet TSLA-USD	+0.0064%	1h	375.48	+0.036%	$5K	$92K	10x	as long as short
Binance TSLAUSDT	+0.0068%	8h	375.45	+0.031%	$47.1M	$114.6M	25x	as long as short
Extended TSLA_24_5-USD	+0.0072%	1h	375.37	+0.008%	$481K	$2.7M	10x	as long as short
BloFin TSLA-USDT	+0.0091%	8h	375.48	+0.037%	$580K	$358K	20x	as long as short
GRVT TSLA_USDT_Perp	+0.0099%	8h	375.91	+0.151%	$850K	$2.9M	10x	as long as short
Pacifica TSLA	+0.0100%	1h	375.21	−0.035%	$388K	$36K	10x	as long as short
KuCoin TSLAUSDTMshort	+0.0100%	8h	375.44	+0.027%	$1.5M	$2.3M	20x
ApeX Omni TSLAUSDT	+0.0100%	1h	375.45	+0.029%	$4K	$62K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	375.31	−0.008%	$41K	$23K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	375.36	+0.006%	$743	—	10x	as long as short
Hotstuff TSLA-PERPlong	+0.0120%	1h	375.34	long leg	$34K	—	20x
Nado TSLA-PERP	+0.0158%	1h	375.30	−0.011%	$497K	$116K	20x	as long as short
Coinbase International TSLA-PERP-INTX	+0.0160%	1h	375.49	+0.040%	$506K	$352K	10x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	379.64	+1.146%	$79K	$37K	30x	as long as short
RISEx TSLA/USDC	+0.0290%	1h	375.54	+0.053%	$214K	$654K	20x	as long as short
Phoenix TSLA	+0.0404%	1h	375.66	+0.085%	$1.3M	$507K	20x	as long as short