Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.016%

Price spread now: RISEx against Phemex+0.036%7-day average +0.017% · 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−$64as in the Price arb table

costs, in and out, $10k−$660.659% of the position

Long on Phemex Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.022%+$2 on $10k

Price spread, last 3 days (all we have)−0.044%−$4 · spread now +0.036%, 7d avg +0.017%

Together, before fees−0.022%−$2 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Phemex TSLAUSDT	376.70	0	get 0.0000% / 4h	2h 59m	$1.1M	$13K	10x
Short	RISEx TSLA/USDC	376.83	0	get 0.0000% / 1h	59m 13s	$292K	$598K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx 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 RISExbpOrdersPrice spread, now +0.036%Rate

Funding earned: $0
Price spread: +0.036% → +0.017%: $1.85
Slippage, 4 orders: −$47.91
Fee Phemex: 6 bp × 2 orders: −$12
Fee RISEx: 3 bp × 2 orders: −$6
Net: −$64.06
Costs to cover: 0.659%
Break-even: never at this rate

Slippage from Phemex: live order book, 3 min ago; RISEx: live order book, 9 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	2.12 bp	27.3 bp −$27	doesn't fit	doesn't fit	doesn't fit
Sell RISEx live order book, 9 min ago	1.73 bp	4.7 bp −$5	5.7 bp −$57	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	−0.0868%	4h	376.68	−0.007%	$398K	$1.0M	10x	as long as short
Coinbase International TSLA-PERP-INTX	−0.0016%	1h	375.11	−0.422%	$529K	$307K	10x	as long as short
Aster TSLAUSDT	0.0000%	8h	376.72	+0.006%	$577K	$195K	50x	as long as short
Extended TSLA_24_5-USD	0.0000%	1h	376.67	−0.009%	$482K	$10.8M	10x	as long as short
Binance TSLAUSDT	0.0000%	8h	376.73	+0.008%	$47.1M	$109.5M	25x	as long as short
Bybit TSLAUSDT	0.0000%	8h	376.72	+0.005%	$10.2M	$15.5M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	376.67	−0.008%	$11.2M	$16.6M	25x	as long as short
RISEx TSLA/USDCshort	0.0000%	1h	376.83	+0.036%	$292K	$598K	20x
Gate TSLA_USDT	0.0000%	8h	376.71	+0.003%	$2.3M	$3.8M	100x	as long as short
Bitget TSLAUSDT	0.0000%	8h	376.70	0.000%	$16.9M	$22.7M	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	376.87	+0.045%	$1.9M	$1.3M	—	as long as short
StandX TSLA-USD	0.0000%	1h	376.98	+0.074%	$200K	$905K	20x	as long as short
Bullet TSLA-USD	0.0000%	1h	376.78	+0.022%	$6K	$92K	10x	as long as short
Deribit TSLA_USDC-PERPETUAL	0.0000%	1h	376.66	−0.011%	$20K	$186K	10x	as long as short
Phemex TSLAUSDTlong	0.0000%	4h	376.70	long leg	$1.1M	$13K	10x
Aftermath Perps TSLAUSD	+0.0009%	1h	376.62	−0.022%	$38K	$46K	10x	as long as short
Hotstuff TSLA-PERP	+0.0024%	1h	376.67	−0.008%	$34K	—	20x	as long as short
BloFin TSLA-USDT	+0.0026%	8h	376.75	+0.013%	$573K	$340K	20x	as long as short
QFEX TSLA-USD	+0.0028%	1h	376.71	+0.003%	$1.2M	$6.9M	10x	as long as short
tradeXYZ xyz:TSLA	+0.0030%	1h	376.50	−0.053%	$44.3M	$14.2M	20x	as long as short
Lighter TSLA	+0.0032%	1h	376.77	+0.019%	$831K	$3.5M	20x	as long as short
Lighter RH TSLA	+0.0032%	1h	376.79	+0.024%	$1.2M	$2.6M	20x	as long as short
Arcus TSLA-USD	+0.0040%	1h	376.74	+0.011%	$163K	$93K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	376.88	+0.048%	—	$133K	25x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	376.57	−0.035%	$301K	$310K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	376.65	−0.013%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	376.74	+0.011%	$1.5M	$1.1M	10x	as long as short
Pacifica TSLA	+0.0100%	1h	376.67	−0.008%	$390K	$38K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	376.51	−0.050%	$1.5M	$106K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	376.60	−0.027%	$4K	$61K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	376.69	−0.003%	$41K	$20K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	376.66	−0.009%	$746	—	10x	as long as short
Nado TSLA-PERP	+0.0126%	1h	376.88	+0.046%	$490K	$112K	20x	as long as short
GRVT TSLA_USDT_Perp	+0.0201%	8h	377.05	+0.093%	$851K	$2.7M	10x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	377.21	+0.135%	$78K	$36K	30x	as long as short
Phoenix TSLA	+0.0277%	1h	377.02	+0.085%	$1.3M	$535K	20x	as long as short