Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0057%/8h= −6.2% APRpaid last 24h −0.004%

Price spread now: BloFin against QFEX+0.024%7-day average +0.022% · 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−$26as in the Price arb table

costs, in and out, $10k−$260.263% of the position

Long on QFEX Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.029%+$3 on $10k

Price spread, last 4 days (all we have)−0.019%−$2 · spread now +0.024%, 7d avg +0.022%

Together, before fees+0.010%+$1 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.022%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	QFEX TSLA-USD	376.02	0.0033	pay 0.0004% / 1h	41m 15s	$1.2M	$6.4M	10x
Short	BloFin TSLA-USDT	376.11	−0.0024	pay 0.0024% / 8h	3h 41m	$575K	$352K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against QFEX. 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 QFEXbpFee BloFinbpOrdersPrice spread, now +0.024%Rate

Funding earned: −$11.98
Price spread: +0.024% → +0.022%: $0.15
Slippage, 4 orders: −$4.27
Fee QFEX: 5 bp × 2 orders: −$10
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$38.09
Costs to cover: 0.263%
Break-even: never at this rate

Slippage from QFEX: live order book, 13 min ago; BloFin: live order book, 55 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 QFEX live order book, 13 min ago	1.60 bp	6.6 bp −$7	6.6 bp −$66	12.8 bp −$1,283	doesn't fit
Sell BloFin live order book, 55 min ago	0.13 bp	6.9 bp −$7	9.3 bp −$93	20.1 bp −$2,015	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	−0.0876%	4h	376.26	+0.065%	$398K	$1.0M	10x	as long as short
BloFin TSLA-USDTshort	−0.0024%	8h	376.11	+0.024%	$575K	$352K	20x
Aster TSLAUSDT	0.0000%	8h	376.05	+0.008%	$576K	$195K	50x	as long as short
Extended TSLA_24_5-USD	0.0000%	1h	375.96	−0.017%	$480K	$2.7M	10x	as long as short
Binance TSLAUSDT	0.0000%	8h	376.01	−0.003%	$47.3M	$111.1M	25x	as long as short
Bybit TSLAUSDT	0.0000%	8h	376.06	+0.011%	$10.3M	$15.4M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	375.95	−0.019%	$11.2M	$16.8M	25x	as long as short
RISEx TSLA/USDC	0.0000%	1h	376.11	+0.025%	$289K	$580K	20x	as long as short
Bitget TSLAUSDT	0.0000%	8h	376.06	+0.011%	$17.0M	$22.5M	100x	as long as short
Variational Omni TSLA	0.0000%	8h	376.34	+0.085%	$1.9M	$1.3M	—	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
StandX TSLA-USD	0.0000%	1h	376.28	+0.069%	$200K	$898K	20x	as long as short
Phemex TSLAUSDT	0.0000%	4h	376.33	+0.082%	$1.1M	$14K	10x	as long as short
Hotstuff TSLA-PERP	+0.0008%	1h	375.87	−0.040%	$34K	—	20x	as long as short
Aftermath Perps TSLAUSD	+0.0021%	1h	375.98	−0.012%	$38K	$41K	10x	as long as short
Lighter TSLA	+0.0032%	1h	375.99	−0.008%	$818K	$3.6M	20x	as long as short
Lighter RH TSLA	+0.0032%	1h	375.99	−0.008%	$1.2M	$2.5M	20x	as long as short
QFEX TSLA-USDlong	+0.0033%	1h	376.02	long leg	$1.2M	$6.4M	10x
Gate TSLA_USDT	+0.0033%	8h	376.07	+0.013%	$2.3M	$3.5M	100x	as long as short
Arcus TSLA-USD	+0.0040%	1h	375.99	−0.008%	$133K	$106K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	375.99	−0.008%	—	$129K	25x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	375.73	−0.077%	$44.4M	$14.6M	20x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	375.86	−0.043%	$300K	$309K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	375.97	−0.013%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	375.97	−0.013%	$1.6M	$1.1M	10x	as long as short
GRVT TSLA_USDT_Perp	+0.0063%	8h	376.35	+0.088%	$842K	$2.8M	10x	as long as short
Coinbase International TSLA-PERP-INTX	+0.0080%	1h	376.45	+0.114%	$512K	$330K	10x	as long as short
Bullet TSLA-USD	+0.0090%	1h	376.05	+0.009%	$5K	$90K	10x	as long as short
Deribit TSLA_USDC-PERPETUAL	+0.0096%	1h	375.91	−0.029%	$20K	$189K	10x	as long as short
Pacifica TSLA	+0.0100%	1h	375.94	−0.021%	$390K	$38K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	375.90	−0.032%	$1.5M	$105K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	376.10	+0.021%	$4K	$62K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	375.92	−0.027%	$41K	$23K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	376.00	−0.005%	$744	—	10x	as long as short
Nado TSLA-PERP	+0.0206%	1h	375.95	−0.019%	$489K	$112K	20x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	377.23	+0.322%	$78K	$36K	30x	as long as short
Phoenix TSLA	+0.0276%	1h	376.25	+0.061%	$1.3M	$540K	20x	as long as short