Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0297%/8h= −32.5% APRpaid last 24h −0.028%

Price spread now: Bitget against Nado+0.053%7-day average +0.045% · you sell dearer than you buy

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

Net, price: spread back to 7d avg − costs−$42as in the Price arb table

costs, in and out, $10k−$430.429% of the position

Long on Nado Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.037%+$4 on $10k

Price spread, last 4 days (all we have)+0.066%+$7 · spread now +0.053%, 7d avg +0.045%

Together, before fees+0.103%+ Points / potential airdropNado: Active · farm board+$10 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.045%, so right now this pair is about funding alone: −$9 a day on $10k at the current rate.

The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.037% in total (about 3.9% 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.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado TSLA-PERP	375.79	0.0297	pay 0.0037% / 1h	56m 11s	$488K	$111K	20x
Short	Bitget TSLAUSDT	375.99	0	get 0.0000% / 8h	56m 11s	$17.2M	$22.8M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Nado. 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 NadobpFee BitgetbpOrdersPrice spread, now +0.053%Rate

Funding earned: −$62.31
Price spread: +0.053% → +0.045%: $0.76
Slippage, 4 orders: −$23.93
Fee Nado: 3.5 bp × 2 orders: −$7
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$104.47
Costs to cover: 0.429%
Break-even: never at this rate

Slippage from Nado: live order book, 47 min ago; Bitget: live order book, 3 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 Nado live order book, 47 min ago	4.79 bp	12.6 bp −$13	27.5 bp −$275	doesn't fit	doesn't fit
Sell Bitget live order book, 3 min ago	0.53 bp	8.8 bp −$9	12.2 bp −$122	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	−0.0281%	4h	376.00	+0.054%	$398K	$1.0M	10x	as long as short
Aster TSLAUSDT	0.0000%	8h	376.01	+0.058%	$574K	$200K	50x	as long as short
Bybit TSLAUSDT	0.0000%	8h	376.01	+0.058%	$10.2M	$15.3M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	376.04	+0.066%	$11.2M	$16.9M	25x	as long as short
Gate TSLA_USDT	0.0000%	8h	376.05	+0.069%	$2.3M	$3.4M	100x	as long as short
Bitget TSLAUSDTshort	0.0000%	8h	375.99	+0.053%	$17.2M	$22.8M	100x
Variational Omni TSLA	0.0000%	8h	375.97	+0.047%	$1.9M	$1.3M	—	as long as short
StandX TSLA-USD	0.0000%	1h	376.02	+0.061%	$200K	$918K	20x	as long as short
Phemex TSLAUSDT	0.0000%	4h	376.00	+0.055%	$1.1M	$14K	10x	as long as short
Aftermath Perps TSLAUSD	+0.0030%	1h	375.81	+0.005%	$38K	$37K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance TSLAUSDT	+0.0030%	8h	376.07	+0.075%	$47.1M	$113.3M	25x	as long as short
Lighter RH TSLA	+0.0032%	1h	375.96	+0.045%	$1.3M	$2.5M	20x	as long as short
Extended TSLA_24_5-USD	+0.0032%	1h	376.01	+0.058%	$480K	$2.8M	10x	as long as short
Hotstuff TSLA-PERP	+0.0032%	1h	375.75	−0.011%	$34K	—	20x	as long as short
Arcus TSLA-USD	+0.0040%	1h	375.84	+0.013%	$135K	$108K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	375.94	+0.039%	—	$119K	25x	as long as short
BloFin TSLA-USDT	+0.0048%	8h	376.03	+0.063%	$577K	$355K	20x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	375.79	−0.001%	$44.6M	$14.9M	20x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	375.85	+0.015%	$300K	$304K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	375.96	+0.045%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	375.65	−0.038%	$1.6M	$1.1M	10x	as long as short
QFEX TSLA-USD	+0.0067%	1h	375.93	+0.037%	$1.2M	$6.2M	10x	as long as short
Pacifica TSLA	+0.0100%	1h	375.68	−0.030%	$389K	$37K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	375.86	+0.018%	$1.5M	$334K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	375.66	−0.035%	$4K	$61K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	375.81	+0.005%	$41K	$23K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	376.05	+0.068%	$745	—	10x	as long as short
Lighter TSLA	+0.0168%	1h	375.98	+0.050%	$820K	$3.7M	20x	as long as short
Coinbase International TSLA-PERP-INTX	+0.0176%	1h	375.69	−0.027%	$505K	$350K	10x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	379.54	+0.997%	$79K	$36K	30x	as long as short
GRVT TSLA_USDT_Perp	+0.0245%	8h	376.09	+0.080%	$849K	$2.8M	10x	as long as short
RISEx TSLA/USDC	+0.0257%	1h	376.16	+0.098%	$214K	$643K	20x	as long as short
Bullet TSLA-USD	+0.0268%	1h	376.10	+0.083%	$6K	$90K	10x	as long as short
Nado TSLA-PERPlong	+0.0297%	1h	375.79	long leg	$488K	$111K	20x
Phoenix TSLA	+0.0318%	1h	376.10	+0.082%	$1.3M	$525K	20x	as long as short
Deribit TSLA_USDC-PERPETUAL	+0.0389%	1h	376.04	+0.066%	$18K	$194K	10x	as long as short