Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0060%/8h= −6.5% APRpaid last 24h +0.024%

Price spread now: Arcus against KuCoin−0.013%7-day average −0.031% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$88as in the Price arb table

costs, in and out, $10k−$900.900% of the position

Long on KuCoin Short on Arcus

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.053%+$5 on $10k

Price spread, last 4 days (all we have)−0.073%−$7 · spread now −0.013%, 7d avg −0.031%

Together, before fees−0.019%−$2 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.031%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate. Mind the row above: over the last 4 days funding on this pair paid +0.053%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin TSLAUSDTM	376.36	0.0100	pay 0.0100% / 8h	4h 07m	$1.5M	$105K	20x
Short	Arcus TSLA-USD	376.31	0.0040	get 0.0005% / 1h	7m 23s	$133K	$106K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Arcus against KuCoin. 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 KuCoinbpFee ArcusbpOrdersPrice spread, now −0.013%Rate

Funding earned: −$12.54
Price spread: −0.013% → −0.031%: $1.75
Slippage, 4 orders: −$73.49
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Net: −$100.78
Costs to cover: 0.900%
Break-even: never at this rate

Slippage from KuCoin: live order book, 8 min ago; Arcus: live order book, 51 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 KuCoin live order book, 8 min ago	2.26 bp	25.1 bp −$25	doesn't fit	doesn't fit	doesn't fit
Sell Arcus live order book, 51 min ago	4.78 bp	9.6 bp −$10	12.1 bp −$121	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	−0.0830%	4h	376.45	+0.024%	$398K	$1.0M	10x	as long as short
Hotstuff TSLA-PERP	−0.0104%	1h	376.27	−0.024%	$34K	—	20x	as long as short
BloFin TSLA-USDT	−0.0019%	8h	376.62	+0.069%	$578K	$352K	20x	as long as short
Aster TSLAUSDT	0.0000%	8h	376.57	+0.057%	$577K	$196K	50x	as long as short
Extended TSLA_24_5-USD	0.0000%	1h	376.39	+0.009%	$481K	$3.2M	10x	as long as short
Binance TSLAUSDT	0.0000%	8h	376.50	+0.038%	$47.3M	$111.0M	25x	as long as short
Bybit TSLAUSDT	0.0000%	8h	376.58	+0.058%	$10.3M	$15.4M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	376.43	+0.019%	$11.3M	$16.8M	25x	as long as short
RISEx TSLA/USDC	0.0000%	1h	376.51	+0.039%	$290K	$587K	20x	as long as short
Bitget TSLAUSDT	0.0000%	8h	376.46	+0.027%	$17.0M	$23.0M	100x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni TSLA	0.0000%	8h	376.46	+0.025%	$1.9M	$1.4M	—	as long as short
StandX TSLA-USD	0.0000%	1h	376.64	+0.074%	$200K	$907K	20x	as long as short
Phemex TSLAUSDT	0.0000%	4h	376.50	+0.037%	$1.1M	$14K	10x	as long as short
Aftermath Perps TSLAUSD	+0.0019%	1h	376.51	+0.039%	$38K	$41K	10x	as long as short
Lighter TSLA	+0.0032%	1h	376.42	+0.016%	$815K	$3.6M	20x	as long as short
Lighter RH TSLA	+0.0032%	1h	376.41	+0.013%	$1.2M	$2.6M	20x	as long as short
QFEX TSLA-USD	+0.0038%	1h	376.47	+0.029%	$1.2M	$6.5M	10x	as long as short
Arcus TSLA-USDshort	+0.0040%	1h	376.31	−0.013%	$133K	$106K	10x
Vest TSLA-USD-PERP	+0.0046%	1h	376.46	+0.027%	—	$130K	25x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	376.25	−0.029%	$44.3M	$14.4M	20x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	376.36	0.000%	$301K	$309K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	376.40	+0.011%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	376.15	−0.056%	$1.6M	$1.1M	10x	as long as short
GRVT TSLA_USDT_Perp	+0.0056%	8h	376.59	+0.060%	$854K	$2.8M	10x	as long as short
Coinbase International TSLA-PERP-INTX	+0.0056%	1h	376.45	+0.024%	$512K	$330K	10x	as long as short
Bullet TSLA-USD	+0.0060%	1h	376.52	+0.043%	$4K	$91K	10x	as long as short
Gate TSLA_USDT	+0.0065%	8h	376.50	+0.037%	$2.3M	$3.6M	100x	as long as short
Pacifica TSLA	+0.0100%	1h	376.32	−0.011%	$390K	$38K	10x	as long as short
KuCoin TSLAUSDTMlong	+0.0100%	8h	376.36	long leg	$1.5M	$105K	20x
ApeX Omni TSLAUSDT	+0.0100%	1h	376.30	−0.016%	$4K	$62K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	376.37	+0.003%	$41K	$23K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	376.41	+0.014%	$745	—	10x	as long as short
Deribit TSLA_USDC-PERPETUAL	+0.0122%	1h	376.35	−0.003%	$20K	$189K	10x	as long as short
Nado TSLA-PERP	+0.0153%	1h	376.27	−0.024%	$489K	$112K	20x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	377.69	+0.353%	$79K	$36K	30x	as long as short
Phoenix TSLA	+0.0255%	1h	376.61	+0.066%	$1.3M	$539K	20x	as long as short