Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.014%

Price spread now: Extended against Phemex−0.017%55s7-day average −0.026% · you buy dearer than you sell

Net, funding: paid 7d − costs−$66as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$730.732% of the position

Long on Phemex Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.067%+$7 on $10k

Price spread, last 4 days (all we have)+0.002%$0 · spread now −0.017%, 7d avg −0.026%

Together, before fees+0.069%+ Points / potential airdropExtended: Active · farm board+$7 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Phemex TSLAUSDT	376.57	0	get 0.0000% / 4h	9m 16s	$1.1M	$14K	10x
Short	Extended TSLA_24_5-USD	376.51	0	get 0.0000% / 1h	9m 16s	$481K	$3.2M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against Phemex. 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 PhemexbpFee ExtendedbpOrdersPrice spread, now −0.017%Rate

Funding earned: $0
Price spread: −0.017% → −0.026%: $0.88
Slippage, 4 orders: −$56.18
Fee Phemex: 6 bp × 2 orders: −$12
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$72.29
Costs to cover: 0.732%
Break-even: never at this rate

Slippage from Phemex: live order book, 3 min ago; Extended: live order book, 4 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 Phemex live order book, 3 min ago	0.27 bp	36.1 bp −$36	doesn't fit	doesn't fit	doesn't fit
Sell Extended live order book, 4 min ago	0.13 bp	4.1 bp −$4	20.5 bp −$205	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	−0.032%	$398K	$1.0M	10x	as long as short
Hotstuff TSLA-PERP	−0.0104%	1h	376.27	−0.080%	$34K	—	20x	as long as short
BloFin TSLA-USDT	−0.0025%	8h	376.61	+0.011%	$577K	$352K	20x	as long as short
Aster TSLAUSDT	0.0000%	8h	376.68	+0.030%	$577K	$196K	50x	as long as short
Extended TSLA_24_5-USDshort	0.0000%	1h	376.51	−0.017%	$481K	$3.2M	10x
Binance TSLAUSDT	0.0000%	8h	376.62	+0.013%	$47.3M	$111.0M	25x	as long as short
Bybit TSLAUSDT	0.0000%	8h	376.62	+0.013%	$10.3M	$15.4M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	376.59	+0.005%	$11.3M	$16.9M	25x	as long as short
RISEx TSLA/USDC	0.0000%	1h	376.63	+0.017%	$290K	$587K	20x	as long as short
Bitget TSLAUSDT	0.0000%	8h	376.58	+0.003%	$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	−0.030%	$1.9M	$1.4M	—	as long as short
StandX TSLA-USD	0.0000%	1h	376.51	−0.016%	$200K	$907K	20x	as long as short
Phemex TSLAUSDTlong	0.0000%	4h	376.57	long leg	$1.1M	$14K	10x
Aftermath Perps TSLAUSD	+0.0018%	1h	376.51	−0.017%	$38K	$41K	10x	as long as short
Lighter TSLA	+0.0032%	1h	376.56	−0.003%	$815K	$3.6M	20x	as long as short
Lighter RH TSLA	+0.0032%	1h	376.54	−0.008%	$1.2M	$2.6M	20x	as long as short
QFEX TSLA-USD	+0.0038%	1h	376.51	−0.016%	$1.2M	$6.5M	10x	as long as short
Arcus TSLA-USD	+0.0040%	1h	376.35	−0.058%	$133K	$106K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	376.53	−0.011%	—	$130K	25x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	376.33	−0.064%	$44.3M	$14.4M	20x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	376.47	−0.027%	$301K	$309K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	376.51	−0.016%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	376.12	−0.119%	$1.6M	$1.1M	10x	as long as short
GRVT TSLA_USDT_Perp	+0.0056%	8h	376.59	+0.004%	$854K	$2.8M	10x	as long as short
Coinbase International TSLA-PERP-INTX	+0.0056%	1h	376.45	−0.032%	$512K	$330K	10x	as long as short
Bullet TSLA-USD	+0.0058%	1h	376.64	+0.018%	$4K	$91K	10x	as long as short
Gate TSLA_USDT	+0.0068%	8h	376.61	+0.011%	$2.3M	$3.6M	100x	as long as short
Deribit TSLA_USDC-PERPETUAL	+0.0095%	1h	376.47	−0.027%	$20K	$189K	10x	as long as short
Pacifica TSLA	+0.0100%	1h	376.38	−0.052%	$390K	$38K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	376.46	−0.029%	$1.5M	$105K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	376.30	−0.072%	$4K	$62K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	376.47	−0.027%	$41K	$23K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	376.52	−0.012%	$746	—	10x	as long as short
Nado TSLA-PERP	+0.0151%	1h	376.41	−0.044%	$489K	$112K	20x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	377.69	+0.297%	$79K	$36K	30x	as long as short
Phoenix TSLA	+0.0255%	1h	376.61	+0.011%	$1.3M	$539K	20x	as long as short