Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0136%/8h= +14.9% APRpaid last 24h +0.025%

Price spread now: Coinbase International against Bitget+0.048%7-day average −0.109% · you sell dearer than you buy

Net, funding: paid 7d − costs−$18as in the Funding arb table

Net, price: spread back to 7d avg − costs−$16as in the Price arb table

costs, in and out, $10k−$320.319% of the position

Long on Bitget Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days+0.134%+$13 on $10k

Price spread, last 4 days (all we have)−0.116%−$12 · spread now +0.048%, 7d avg −0.109%

Together, before fees+0.018%+$2 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Coinbase International is 0.157% dearer against Bitget than usual: you sell high and buy low: +$16 more if the spread goes back to its 7-day average of −0.109%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget TSLAUSDT	376.15	0	get 0.0000% / 8h	1h 44m	$17.1M	$22.8M	100x
Short	Coinbase International TSLA-PERP-INTX	376.33	0.0136	get 0.0017% / 1h	44m 49s	$506K	$349K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against Bitget. 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 BitgetbpFee Coinbase InternationalbpOrdersPrice spread, now +0.048%Rate

Funding earned: $28.56
Price spread: +0.048% → −0.109%: $15.73
Slippage, 4 orders: −$9.9
Fee Bitget: 6 bp × 2 orders: −$12
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: $12.39
Costs to cover: 0.319%
Break-even: 4.0 days

Slippage from Bitget: live order book, 4 min ago; Coinbase International: live order book, 63 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 Bitget live order book, 4 min ago	0.27 bp	7.4 bp −$7	12.1 bp −$121	doesn't fit	doesn't fit
Sell Coinbase International live order book, 63 min ago	2.92 bp	9.1 bp −$9	10.5 bp −$105	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	−0.0790%	4h	376.25	+0.026%	$398K	$1.0M	10x	as long as short
BloFin TSLA-USDT	0.0000%	8h	376.23	+0.021%	$578K	$355K	20x	as long as short
Aster TSLAUSDT	0.0000%	8h	376.20	+0.012%	$575K	$199K	50x	as long as short
Extended TSLA_24_5-USD	0.0000%	1h	376.07	−0.022%	$479K	$2.7M	10x	as long as short
Binance TSLAUSDT	0.0000%	8h	376.14	−0.004%	$47.2M	$113.3M	25x	as long as short
Bybit TSLAUSDT	0.0000%	8h	376.09	−0.016%	$10.2M	$15.4M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	376.12	−0.008%	$11.2M	$16.9M	25x	as long as short
Bitget TSLAUSDTlong	0.0000%	8h	376.15	long leg	$17.1M	$22.8M	100x
Variational Omni TSLA	0.0000%	8h	376.24	+0.024%	$1.9M	$1.3M	—	as long as short
StandX TSLA-USD	0.0000%	1h	376.29	+0.037%	$200K	$918K	20x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex TSLAUSDT	0.0000%	4h	376.22	+0.019%	$1.1M	$14K	10x	as long as short
Gate TSLA_USDT	+0.0006%	8h	376.19	+0.011%	$2.3M	$3.5M	100x	as long as short
Aftermath Perps TSLAUSD	+0.0023%	1h	376.17	+0.004%	$38K	$39K	10x	as long as short
Lighter RH TSLA	+0.0032%	1h	376.04	−0.029%	$1.3M	$2.5M	20x	as long as short
Arcus TSLA-USD	+0.0040%	1h	376.11	−0.011%	$135K	$108K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	376.10	−0.013%	—	$125K	25x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	375.84	−0.082%	$44.6M	$14.8M	20x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	376.07	−0.021%	$300K	$307K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	376.05	−0.027%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	375.92	−0.061%	$1.6M	$1.1M	10x	as long as short
QFEX TSLA-USD	+0.0052%	1h	376.18	+0.008%	$1.2M	$6.2M	10x	as long as short
Hotstuff TSLA-PERP	+0.0056%	1h	375.97	−0.048%	$34K	—	20x	as long as short
Pacifica TSLA	+0.0100%	1h	376.04	−0.029%	$389K	$36K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	375.83	−0.085%	$1.5M	$107K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	375.94	−0.056%	$4K	$61K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	376.13	−0.005%	$41K	$23K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	376.10	−0.013%	$745	—	10x	as long as short
Deribit TSLA_USDC-PERPETUAL	+0.0123%	1h	375.94	−0.056%	$18K	$194K	10x	as long as short
Coinbase International TSLA-PERP-INTXshort	+0.0136%	1h	376.33	+0.048%	$506K	$349K	10x
RISEx TSLA/USDC	+0.0138%	1h	376.31	+0.044%	$214K	$642K	20x	as long as short
Lighter TSLA	+0.0144%	1h	376.09	−0.016%	$833K	$3.7M	20x	as long as short
GRVT TSLA_USDT_Perp	+0.0197%	8h	376.32	+0.044%	$851K	$2.8M	10x	as long as short
Bullet TSLA-USD	+0.0210%	1h	376.20	+0.014%	$5K	$91K	10x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	377.82	+0.444%	$79K	$36K	30x	as long as short
Nado TSLA-PERP	+0.0301%	1h	376.02	−0.035%	$489K	$111K	20x	as long as short
Phoenix TSLA	+0.0318%	1h	376.55	+0.106%	$1.3M	$528K	20x	as long as short