Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC−0.0671%/8h= −73.5% APRpaid last 24h −0.207%

Price spread now: edgeX against QFEX+0.005%7-day average +0.011% · 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−$30as in the Price arb table

costs, in and out, $10k−$300.296% of the position

Long on QFEX Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.492%−$49 on $10k

Price spread, last 7 days+0.014%+$1 · spread now +0.005%, 7d avg +0.011%

Together, before fees−0.479%+ Points / potential airdropedgeX: Active · farm board−$48 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.011%, so right now this pair is about funding alone: −$20 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	376.98	0.0053	pay 0.0007% / 1h	9m 38s	$1.3M	$6.2M	10x
Short	edgeX TSLAUSDC	377.00	−0.0618	pay 0.0309% / 4h	2h 09m	$397K	$1.0M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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 edgeXbpOrdersPrice spread, now +0.005%Rate

Funding earned: −$140.91
Price spread: +0.005% → +0.011%: −$0.63
Slippage, 4 orders: −$10.62
Fee QFEX: 5 bp × 2 orders: −$10
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$171.16
Costs to cover: 0.296%
Break-even: never at this rate

Slippage from QFEX: live order book, 7 min ago; edgeX: live order book, 2 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, 7 min ago	0.80 bp	5.8 bp −$6	6.7 bp −$67	11.4 bp −$1,145	doesn't fit
Sell edgeX live order book, 2 min ago	4.24 bp	9.0 bp −$9	12.0 bp −$120	doesn't fit	doesn't fit

TSLA on 36 exchanges

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 TSLAUSDCshort	−0.0618%	4h	377.00	+0.005%	$397K	$1.0M	10x
Hotstuff TSLA-PERP	−0.0048%	1h	376.79	−0.050%	$34K	—	20x	as long as short
Bybit TSLAUSDT	0.0000%	8h	377.12	+0.037%	$10.1M	$14.0M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	377.11	+0.034%	$11.3M	$15.4M	25x	as long as short
Gate TSLA_USDT	0.0000%	8h	377.15	+0.045%	$2.3M	$3.2M	100x	as long as short
Bitget TSLAUSDT	0.0000%	8h	377.09	+0.029%	$17.2M	$23.7M	100x	as long as short
StandX TSLA-USD	0.0000%	1h	376.83	−0.040%	$200K	$958K	20x	as long as short
Deribit TSLA_USDC-PERPETUAL	0.0000%	1h	376.81	−0.045%	$18K	$191K	10x	as long as short
Phemex TSLAUSDT	0.0000%	4h	377.01	+0.008%	$1.1M	$14K	10x	as long as short
Aftermath Perps TSLAUSD	+0.0024%	1h	376.73	−0.067%	$38K	$36K	10x	as long as short

Show all 36 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH TSLA	+0.0032%	1h	377.02	+0.011%	$1.2M	$2.5M	20x	as long as short
Arcus TSLA-USD	+0.0040%	1h	376.89	−0.024%	$132K	$85K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	376.95	−0.008%	—	$126K	25x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	376.85	−0.034%	$44.7M	$14.7M	20x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	376.80	−0.048%	$301K	$132K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	376.97	−0.003%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	376.60	−0.101%	$1.5M	$1.1M	10x	as long as short
QFEX TSLA-USDlong	+0.0053%	1h	376.98	long leg	$1.3M	$6.2M	10x
Pacifica TSLA	+0.0100%	1h	376.80	−0.048%	$391K	$36K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	376.84	−0.037%	$1.4M	$3.5M	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	376.80	−0.048%	$4K	$62K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	376.79	−0.050%	$41K	$25K	20x	as long as short
Lighter TSLA	+0.0104%	1h	377.06	+0.021%	$806K	$3.7M	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	377.00	+0.006%	$746	—	10x	as long as short
Coinbase International TSLA-PERP-INTX	+0.0120%	1h	376.58	−0.106%	$517K	$387K	10x	as long as short
Aster TSLAUSDT	+0.0143%	8h	377.01	+0.008%	$575K	$190K	50x	as long as short
RISEx TSLA/USDC	+0.0175%	1h	377.07	+0.025%	$226K	$656K	20x	as long as short
Variational Omni TSLA	+0.0181%	8h	376.98	0.000%	$1.7M	$1.5M	—	as long as short
Extended TSLA_24_5-USD	+0.0200%	1h	376.97	−0.002%	$484K	$2.7M	10x	as long as short
Binance TSLAUSDT	+0.0200%	8h	377.11	+0.033%	$47.3M	$114.8M	25x	as long as short
Bullet TSLA-USD	+0.0210%	1h	377.04	+0.016%	$5K	$93K	10x	as long as short
BloFin TSLA-USDT	+0.0220%	8h	377.05	+0.019%	$584K	$367K	20x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	377.30	+0.085%	$76K	$39K	30x	as long as short
Nado TSLA-PERP	+0.0234%	1h	376.87	−0.030%	$500K	$99K	20x	as long as short
Phoenix TSLA	+0.0297%	1h	377.01	+0.008%	$1.3M	$502K	20x	as long as short
GRVT TSLA_USDT_Perp	+0.0636%	8h	377.20	+0.057%	$850K	$2.9M	10x	as long as short