Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0007%/8h= −0.7% APRpaid last 24h +0.046%

Price spread now: Gate against QFEX+0.024%7-day average +0.063% · 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−$45as in the Price arb table

costs, in and out, $10k−$410.413% of the position

Long on QFEX Short on Gate

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.038%+$4 on $10k

Price spread, last 7 days+0.044%+$4 · spread now +0.024%, 7d avg +0.063%

Together, before fees+0.082%+$8 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.039% cheaper against QFEX than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.063%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	QFEX TSLA-USD	376.36	0.0033	pay 0.0004% / 1h	16m 32s	$1.2M	$6.2M	10x
Short	Gate TSLA_USDT	376.45	0.0026	get 0.0026% / 8h	3h 16m	$2.3M	$3.5M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now +0.024%Rate

Funding earned: −$1.43
Price spread: +0.024% → +0.063%: −$3.89
Slippage, 4 orders: −$16.31
Fee QFEX: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$46.63
Costs to cover: 0.413%
Break-even: never at this rate

Slippage from QFEX: live order book, 7 min ago; Gate: 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	1.86 bp	6.9 bp −$7	7.3 bp −$73	12.8 bp −$1,284	doesn't fit
Sell Gate live order book, 2 min ago	1.33 bp	16.9 bp −$17	24.9 bp −$249	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	−0.0628%	4h	376.34	−0.005%	$398K	$1.0M	10x	as long as short
Hotstuff TSLA-PERP	−0.0040%	1h	376.03	−0.088%	$34K	—	20x	as long as short
Aster TSLAUSDT	0.0000%	8h	376.45	+0.024%	$577K	$198K	50x	as long as short
Extended TSLA_24_5-USD	0.0000%	1h	376.38	+0.004%	$480K	$2.7M	10x	as long as short
Binance TSLAUSDT	0.0000%	8h	376.48	+0.032%	$47.0M	$112.4M	25x	as long as short
Bybit TSLAUSDT	0.0000%	8h	376.43	+0.019%	$10.3M	$15.4M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	376.35	−0.003%	$11.3M	$16.8M	25x	as long as short
RISEx TSLA/USDC	0.0000%	1h	376.48	+0.033%	$290K	$580K	20x	as long as short
Bitget TSLAUSDT	0.0000%	8h	376.33	−0.008%	$17.1M	$22.6M	100x	as long as short
Variational Omni TSLA	0.0000%	8h	376.37	+0.002%	$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	376.36	0.000%	$200K	$895K	20x	as long as short
Phemex TSLAUSDT	0.0000%	4h	376.41	+0.013%	$1.1M	$14K	10x	as long as short
Aftermath Perps TSLAUSD	+0.0018%	1h	376.12	−0.064%	$38K	$40K	10x	as long as short
Gate TSLA_USDTshort	+0.0026%	8h	376.45	+0.024%	$2.3M	$3.5M	100x
BloFin TSLA-USDT	+0.0027%	8h	376.39	+0.008%	$577K	$353K	20x	as long as short
Lighter RH TSLA	+0.0032%	1h	376.37	+0.003%	$1.2M	$2.5M	20x	as long as short
QFEX TSLA-USDlong	+0.0033%	1h	376.36	long leg	$1.2M	$6.2M	10x
Arcus TSLA-USD	+0.0040%	1h	376.10	−0.069%	$133K	$106K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	376.28	−0.021%	—	$128K	25x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	376.05	−0.082%	$44.5M	$14.7M	20x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	376.23	−0.035%	$301K	$309K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	376.32	−0.011%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	376.07	−0.077%	$1.6M	$1.1M	10x	as long as short
Lighter TSLA	+0.0064%	1h	376.32	−0.011%	$839K	$3.7M	20x	as long as short
Coinbase International TSLA-PERP-INTX	+0.0080%	1h	376.13	−0.061%	$511K	$339K	10x	as long as short
GRVT TSLA_USDT_Perp	+0.0096%	8h	376.48	+0.031%	$845K	$2.8M	10x	as long as short
Pacifica TSLA	+0.0100%	1h	376.11	−0.066%	$390K	$37K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	376.18	−0.048%	$1.5M	$105K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	376.17	−0.050%	$4K	$62K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	376.20	−0.043%	$41K	$23K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	376.29	−0.020%	$745	—	10x	as long as short
Bullet TSLA-USD	+0.0123%	1h	376.36	+0.001%	$4K	$90K	10x	as long as short
Deribit TSLA_USDC-PERPETUAL	+0.0175%	1h	376.21	−0.040%	$18K	$192K	10x	as long as short
Nado TSLA-PERP	+0.0216%	1h	376.20	−0.042%	$489K	$112K	20x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	377.78	+0.377%	$79K	$36K	30x	as long as short
Phoenix TSLA	+0.0276%	1h	376.28	−0.021%	$1.3M	$540K	20x	as long as short