Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 20:00 UTC−0.0074%/8hpaid last 24h −0.007%

Price spread now: Variational Omni against Nado−0.063%7-day average +0.028% · you buy dearer than you sell

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

Long on Nado Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.050%+$5 on $10k

Price spread, last 3 days (all we have)+0.578%+$58 · spread now −0.063%, 7d avg +0.028%

Together, before fees+0.629%+ Points / potential airdropNado: Active · Variational Omni: Active · farm board+$63 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Variational Omni is 0.091% cheaper against Nado than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of +0.028%). Swap the legs. Mind the row above: over the last 3 days funding on this pair paid +0.050%, 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	Nado TSLA-PERP	376.48	0.0074	pay 0.0009% / 1h	23m 08s	$487K	$88K	20x
Short	Variational Omni TSLA	376.24	0	get 0.0000% / 8h	4h 23m	$1.7M	$1.1M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni 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 Variational OmnibpOrdersPrice spread, now −0.063%Rate

Funding earned: −$15.6
Price spread: −0.063% → +0.028%: −$9.05
Slippage, 4 orders: no order book: not counted
Fee Nado: 3.5 bp × 2 orders: −$7
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$31.65
Costs to cover: 0.070%
Break-even: never at this rate

Slippage unknown: Nado: live order book, 9 min ago; Variational Omni: RFQ quote, just now. 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 Nado live order book, 9 min ago	4.00 bp	12.5 bp −$13	20.2 bp −$202	doesn't fit	doesn't fit
Sell Variational Omni RFQ quote, just now	2.00 bp	doesn't fit	5.6 bp −$56	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	−0.0236%	4h	376.54	+0.016%	$397K	$990K	10x	as long as short
Hotstuff TSLA-PERP	−0.0040%	1h	376.49	+0.003%	$34K	—	20x	as long as short
BloFin TSLA-USDT	−0.0027%	8h	376.59	+0.029%	$540K	$334K	20x	as long as short
Aster TSLAUSDT	0.0000%	8h	376.49	+0.002%	$596K	$179K	50x	as long as short
Extended TSLA_24_5-USD	0.0000%	1h	376.65	+0.046%	$447K	$10.6M	10x	as long as short
Binance TSLAUSDT	0.0000%	8h	376.71	+0.060%	$47.2M	$105.4M	25x	as long as short
Bybit TSLAUSDT	0.0000%	8h	376.81	+0.088%	$10.3M	$15.3M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	376.69	+0.056%	$11.4M	$16.0M	25x	as long as short
Gate TSLA_USDT	0.0000%	8h	376.70	+0.059%	$2.3M	$4.1M	100x	as long as short
Bitget TSLAUSDT	0.0000%	8h	376.64	+0.043%	$16.7M	$21.2M	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 TSLAshort	0.0000%	8h	376.24	−0.063%	$1.7M	$1.1M	—
StandX TSLA-USD	0.0000%	1h	376.72	+0.064%	$200K	$871K	20x	as long as short
Deribit TSLA_USDC-PERPETUAL	0.0000%	1h	376.56	+0.021%	$20K	$184K	10x	as long as short
Phemex TSLAUSDT	0.0000%	4h	376.65	+0.045%	$1.1M	$13K	10x	as long as short
Lighter RH TSLA	+0.0032%	1h	376.79	+0.082%	$1.3M	$2.4M	20x	as long as short
QFEX TSLA-USD	+0.0044%	1h	376.59	+0.029%	$1.2M	$6.8M	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	376.65	+0.045%	—	$133K	25x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	376.57	+0.024%	$44.0M	$13.9M	20x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	376.47	−0.003%	$298K	$282K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	376.69	+0.056%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	376.39	−0.024%	$1.6M	$916K	10x	as long as short
RISEx TSLA/USDC	+0.0067%	1h	376.69	+0.056%	$178K	$512K	20x	as long as short
Coinbase International TSLA-PERP-INTX	+0.0072%	1h	375.87	−0.162%	$538K	$281K	10x	as long as short
Nado TSLA-PERPlong	+0.0074%	1h	376.48	long leg	$487K	$88K	20x
Bullet TSLA-USD	+0.0084%	1h	376.73	+0.067%	$6K	$90K	10x	as long as short
Pacifica TSLA	+0.0100%	1h	376.43	−0.013%	$390K	$26K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	376.49	+0.003%	$1.4M	$147K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	376.43	−0.013%	$4K	$61K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	376.76	+0.075%	$41K	$20K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	376.71	+0.062%	$746	—	10x	as long as short
Aftermath Perps TSLAUSD	+0.0114%	1h	376.02	−0.123%	$38K	$51K	10x	as long as short
GRVT TSLA_USDT_Perp	+0.0204%	8h	376.76	+0.075%	$844K	$3.1M	10x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	376.76	+0.075%	$78K	$36K	30x	as long as short
Lighter TSLA	+0.0224%	1h	376.85	+0.098%	$1.1M	$3.9M	20x	as long as short
Phoenix TSLA	+0.0298%	1h	377.00	+0.138%	$1.3M	$213K	20x	as long as short
Arcus TSLA-USD	+0.0364%	1h	376.59	+0.029%	$154K	$85K	10x	as long as short