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

TSLA

RWAall TSLA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.017%
Price spread now: KuCoin against Binance−0.111%7-day average −0.051% · you buy dearer than you sell
Net, funding: paid 7d − costs−$70as in the Funding arb table
Net, price: spread back to 7d avg − costs−$87as in the Price arb table
costs, in and out, $10k−$810.808% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.107%+$11 on $10k
Price spread, last 2 days (all we have)+0.030%+$3 · spread now −0.111%, 7d avg −0.051%
Together, before fees+0.137%+$14 on $10k · with fees, hour by hour
Funding pays, the price is against you. KuCoin is 0.059% cheaper against Binance than usual: you would sell low and buy high (spread −0.111% now, against its 7-day average of −0.051%). If the spread goes back, that is −$6 on $10k: about 47 hours of funding at the current rate (+$3 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance TSLAUSDT377.390get 0.0000% / 8h6h 34m$47.3M$110.1M25x
ShortKuCoin TSLAUSDTM376.970.0100get 0.0100% / 8h6h 34m$1.5M$106K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Binance. 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
$21
Price spread: −0.111% → −0.051%
−$5.93
Slippage, 4 orders
−$58.82
Fee Binance: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$65.75
Costs to cover
0.808%
Break-even
28.9 days
Slippage from Binance: live order book, 9 min ago; KuCoin: live order book, 6 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 Binance live order book, 9 min ago0.13 bp5.5 bp −$68.3 bp −$8327.0 bp −$2,699doesn't fit
Sell KuCoin live order book, 6 min ago2.12 bp43.7 bp −$44doesn't fitdoesn't fitdoesn't fit

TSLA on 35 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−0.0700%4h377.11−0.072%$398K$1.0M10xas long as short
Hotstuff TSLA-PERP−0.0032%1h377.03−0.095%$34K20xas long as short
Coinbase International TSLA-PERP-INTX−0.0016%1h377.44+0.014%$513K$329K10xas long as short
Aster TSLAUSDT0.0000%8h377.37−0.006%$578K$196K50xas long as short
Extended TSLA_24_5-USD0.0000%1h377.30−0.023%$481K$10.2M10xas long as short
Binance TSLAUSDTlong0.0000%8h377.39long leg$47.3M$110.1M25x
Bybit TSLAUSDT0.0000%8h377.46+0.019%$10.3M$15.5M100xas long as short
OKX TSLA-USDT-SWAP0.0000%8h377.38−0.002%$11.2M$16.7M25xas long as short
RISEx TSLA/USDC0.0000%1h377.41+0.006%$292K$598K20xas long as short
Gate TSLA_USDT0.0000%8h377.41+0.006%$2.3M$3.8M100xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget TSLAUSDT0.0000%8h377.34−0.013%$16.9M$22.8M100xas long as short
Variational Omni TSLA0.0000%8h377.59+0.053%$1.9M$1.3Mas long as short
StandX TSLA-USD0.0000%1h377.38−0.002%$200K$908K20xas long as short
Bullet TSLA-USD0.0000%1h377.39+0.002%$6K$93K10xas long as short
Phemex TSLAUSDT0.0000%4h377.43+0.011%$1.1M$15K10xas long as short
Aftermath Perps TSLAUSD+0.0009%1h377.24−0.040%$38K$45K10xas long as short
QFEX TSLA-USD+0.0023%1h377.30−0.023%$1.2M$6.7M10xas long as short
Lighter TSLA+0.0032%1h377.29−0.026%$824K$3.6M20xas long as short
Lighter RH TSLA+0.0032%1h377.31−0.021%$1.2M$2.6M20xas long as short
Arcus TSLA-USD+0.0040%1h377.23−0.042%$163K$93K10xas long as short
Vest TSLA-USD-PERP+0.0046%1h377.35−0.010%$130K25xas long as short
GRVT TSLA_USDT_Perp+0.0048%8h377.31−0.020%$849K$2.8M10xas long as short
tradeXYZ xyz:TSLA+0.0050%1h377.10−0.076%$44.4M$14.0M20xas long as short
Polymarket Perps TSLA-USD+0.0050%1h377.19−0.052%$301K$310K10xas long as short
SoDEX TSLA-USD+0.0050%1h377.28−0.028%$4K$3K10xas long as short
Ondo Perps TSLA-USD.P+0.0050%1h377.38−0.002%$1.5M$1.1M10xas long as short
Nado TSLA-PERP+0.0094%1h377.27−0.031%$491K$112K20xas long as short
Pacifica TSLA+0.0100%1h377.23−0.042%$391K$38K10xas long as short
KuCoin TSLAUSDTMshort+0.0100%8h376.97−0.111%$1.5M$106K20x
ApeX Omni TSLAUSDT+0.0100%1h377.54+0.040%$4K$61K50xas long as short
Orderly PERP_TSLA_USDC+0.0100%8h377.41+0.006%$41K$20K20xas long as short
Aevo TSLA-PERP+0.0104%1h377.29−0.026%$74710xas long as short
Deribit TSLA_USDC-PERPETUAL+0.0148%1h377.37−0.005%$20K$187K10xas long as short
Injective TSLA/USDC PERP+0.0220%1h378.50+0.295%$79K$36K30xas long as short
Phoenix TSLA+0.0255%1h377.47+0.022%$1.3M$539K20xas long as short