Settings8H · net · $10k
Funding arb · Price arb /

TSLA

RWAall TSLA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0126%/8h= +13.8% APRnext payment +$0.16 per $10,000 · paid last 24h +0.011%
Price spread now: Coinbase International against tradeXYZ−0.199%7-day average −0.035% · you buy dearer than you sell
Net, funding: paid 7d − costs−$32as in the Funding arb table
Net, price: spread back to 7d avg − costs−$52as in the Price arb table
costs, in and out, $10k−$360.359% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.034%+$3 on $10k
Price spread, last 4 days (all we have)+0.164%+$16 · spread now −0.199%, 7d avg −0.035%
Together, before fees+0.198%+ Points / potential airdroptradeXYZ: Active · farm board+$20 on $10k · with fees, hour by hour
Funding pays, the price is against you. Coinbase International is 0.164% cheaper against tradeXYZ than usual: you would sell low and buy high (spread −0.199% now, against its 7-day average of −0.035%). If the spread goes back, that is −$16 on $10k: about 4.3 days of funding at the current rate (+$4 a day). At the pace of the last 7 days (+0.034% in total) that is about 33 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongtradeXYZ xyz:TSLA376.440.0050pay 0.0006% / 1h30m 55s$44.7M$14.9M20x
ShortCoinbase International TSLA-PERP-INTX375.690.0176get 0.0022% / 1h30m 55s$505K$350K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against tradeXYZ. 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

Funding earned
$26.46
Price spread: −0.199% → −0.035%
−$16.43
Slippage, 4 orders
−$7.92
Fee tradeXYZ: 9 bp × 2 orders
−$18
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$25.89
Costs to cover
0.359%
Break-even
13.8 days
Slippage from tradeXYZ: live order book, 8 min ago; Coinbase International: live order book, 7 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy tradeXYZ live order book, 8 min ago0.40 bp10.0 bp −$1012.6 bp −$126doesn't fitdoesn't fit
Sell Coinbase International live order book, 7 min ago2.79 bp7.8 bp −$810.6 bp −$106doesn't fitdoesn't fit

TSLA on 36 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX TSLAUSDC−0.0196%4h376.69+0.066%$398K$1.0M10xas long as short
Bybit TSLAUSDT0.0000%8h376.67+0.061%$10.2M$15.3M100xas long as short
OKX TSLA-USDT-SWAP0.0000%8h376.73+0.077%$11.2M$16.9M25xas long as short
Gate TSLA_USDT0.0000%8h376.70+0.069%$2.3M$3.5M100xas long as short
Bitget TSLAUSDT0.0000%8h376.63+0.050%$17.2M$22.8M100xas long as short
StandX TSLA-USD0.0000%1h376.46+0.005%$200K$922K20xas long as short
Phemex TSLAUSDT0.0000%4h376.66+0.058%$1.1M$14K10xas long as short
Aster TSLAUSDT+0.0003%8h376.37−0.019%$574K$200K50xas long as short
Hotstuff TSLA-PERP+0.0024%1h376.48+0.011%$34K20xas long as short
Aftermath Perps TSLAUSD+0.0031%1h376.54+0.026%$38K$36K10xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH TSLA+0.0032%1h376.56+0.032%$1.3M$2.5M20xas long as short
Variational Omni TSLA+0.0036%8h376.58+0.038%$1.9M$1.3Mas long as short
Arcus TSLA-USD+0.0040%1h376.51+0.019%$135K$108K10xas long as short
Vest TSLA-USD-PERP+0.0046%1h376.66+0.058%$119K25xas long as short
tradeXYZ xyz:TSLAlong+0.0050%1h376.44long leg$44.7M$14.9M20x
Polymarket Perps TSLA-USD+0.0050%1h376.53+0.024%$301K$304K10xas long as short
SoDEX TSLA-USD+0.0050%1h376.62+0.048%$4K$3K10xas long as short
Ondo Perps TSLA-USD.P+0.0050%1h376.38−0.016%$1.6M$1.1M10xas long as short
QFEX TSLA-USD+0.0067%1h376.67+0.061%$1.2M$6.2M10xas long as short
Binance TSLAUSDT+0.0071%8h376.70+0.068%$47.1M$113.5M25xas long as short
Extended TSLA_24_5-USD+0.0072%1h376.59+0.040%$483K$2.7M10xas long as short
Pacifica TSLA+0.0100%1h376.55+0.029%$390K$37K10xas long as short
KuCoin TSLAUSDTM+0.0100%8h376.41−0.008%$1.5M$825K20xas long as short
ApeX Omni TSLAUSDT+0.0100%1h376.43−0.003%$4K$61K50xas long as short
Orderly PERP_TSLA_USDC+0.0100%8h376.57+0.035%$41K$23K20xas long as short
BloFin TSLA-USDT+0.0100%8h376.73+0.077%$578K$355K20xas long as short
Aevo TSLA-PERP+0.0104%1h376.66+0.057%$74610xas long as short
Lighter TSLA+0.0160%1h376.58+0.037%$822K$3.7M20xas long as short
Coinbase International TSLA-PERP-INTXshort+0.0176%1h375.69−0.199%$505K$350K10x
Injective TSLA/USDC PERP+0.0220%1h379.80+0.893%$79K$36K30xas long as short
RISEx TSLA/USDC+0.0257%1h376.82+0.101%$215K$651K20xas long as short
Bullet TSLA-USD+0.0262%1h376.73+0.077%$6K$90K10xas long as short
Nado TSLA-PERP+0.0274%1h376.43−0.001%$489K$111K20xas long as short
GRVT TSLA_USDT_Perp+0.0282%8h376.82+0.102%$851K$2.8M10xas long as short
Deribit TSLA_USDC-PERPETUAL+0.0361%1h376.54+0.027%$18K$195K10xas long as short
Phoenix TSLA+0.0404%1h376.80+0.096%$1.3M$525K20xas long as short