Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.015%

Price spread now: Ondo Perps against Bitget−0.037%50s7-day average −0.113% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Bitget Short on Ondo Perps

What this pair did over the last

the charts below follow

Funding, last 7 days+0.068%+$7 on $10k

Price spread, last 7 days−0.155%−$15 · spread now −0.037%, 7d avg −0.113%

Together, before fees−0.087%+ Points / potential airdropOndo Perps: Active · farm board−$9 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Ondo Perps is 0.076% dearer against Bitget than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.113%. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget TSLAUSDT	376.86	0	get 0.0000% / 8h	7h 00m	$16.9M	$22.7M	100x
Short	Ondo Perps TSLA-USD.P	376.72	0.0050	get 0.0006% / 1h	0m 47s	$1.5M	$1.1M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Ondo Perps 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 Ondo PerpsbpOrdersPrice spread, now −0.037%Rate

Funding earned: $10.58
Price spread: −0.037% → −0.113%: $7.58
Slippage, 4 orders: no order book: not counted
Fee Bitget: 6 bp × 2 orders: −$12
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Net: $1.16
Costs to cover: 0.170%
Break-even: 6.2 days

Slippage unknown: Bitget: live order book, 3 min ago; Ondo Perps: no order-book sample. Net counts fees only.

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, 3 min ago	0.40 bp	7.9 bp −$8	11.0 bp −$110	28.6 bp −$2,855	doesn't fit
Sell Ondo Perps no order-book sample	—	—	—	—	—

Ondo Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	−0.0868%	4h	376.68	−0.049%	$398K	$1.0M	10x	as long as short
Aster TSLAUSDT	0.0000%	8h	376.74	−0.031%	$577K	$195K	50x	as long as short
Extended TSLA_24_5-USD	0.0000%	1h	376.87	+0.004%	$479K	$10.8M	10x	as long as short
Binance TSLAUSDT	0.0000%	8h	376.96	+0.026%	$47.2M	$109.5M	25x	as long as short
Bybit TSLAUSDT	0.0000%	8h	376.97	+0.029%	$10.2M	$15.5M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	376.91	+0.013%	$11.3M	$16.6M	25x	as long as short
Gate TSLA_USDT	0.0000%	8h	376.95	+0.024%	$2.3M	$4.0M	100x	as long as short
Bitget TSLAUSDTlong	0.0000%	8h	376.86	long leg	$16.9M	$22.7M	100x
Variational Omni TSLA	0.0000%	8h	376.87	+0.002%	$1.9M	$1.3M	—	as long as short
StandX TSLA-USD	0.0000%	1h	376.85	−0.003%	$200K	$905K	20x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit TSLA_USDC-PERPETUAL	0.0000%	1h	376.85	−0.003%	$20K	$186K	10x	as long as short
Phemex TSLAUSDT	0.0000%	4h	376.85	−0.003%	$1.1M	$13K	10x	as long as short
Aftermath Perps TSLAUSD	+0.0010%	1h	376.47	−0.104%	$38K	$46K	10x	as long as short
BloFin TSLA-USDT	+0.0027%	8h	376.91	+0.013%	$573K	$339K	20x	as long as short
QFEX TSLA-USD	+0.0028%	1h	376.77	−0.024%	$1.2M	$6.9M	10x	as long as short
Lighter TSLA	+0.0032%	1h	376.97	+0.029%	$831K	$3.6M	20x	as long as short
Lighter RH TSLA	+0.0032%	1h	377.00	+0.037%	$1.2M	$2.6M	20x	as long as short
Arcus TSLA-USD	+0.0040%	1h	376.65	−0.056%	$163K	$93K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	376.90	+0.011%	—	$133K	25x	as long as short
Coinbase International TSLA-PERP-INTX	+0.0048%	1h	375.11	−0.464%	$529K	$307K	10x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	376.72	−0.037%	$44.3M	$14.1M	20x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	376.71	−0.040%	$301K	$310K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	376.83	−0.008%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.Pshort	+0.0050%	1h	376.72	−0.037%	$1.5M	$1.1M	10x
Bullet TSLA-USD	+0.0067%	1h	376.87	+0.003%	$6K	$92K	10x	as long as short
RISEx TSLA/USDC	+0.0079%	1h	376.91	+0.013%	$292K	$598K	20x	as long as short
Pacifica TSLA	+0.0100%	1h	376.75	−0.029%	$390K	$38K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	376.66	−0.053%	$1.5M	$106K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	376.60	−0.069%	$4K	$61K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	376.84	−0.005%	$41K	$20K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	376.83	−0.007%	$746	—	10x	as long as short
Nado TSLA-PERP	+0.0130%	1h	376.82	−0.011%	$490K	$112K	20x	as long as short
GRVT TSLA_USDT_Perp	+0.0175%	8h	376.75	−0.029%	$850K	$2.7M	10x	as long as short
Hotstuff TSLA-PERP	+0.0192%	1h	376.71	−0.040%	$34K	—	20x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	377.21	+0.093%	$78K	$36K	30x	as long as short
Phoenix TSLA	+0.0277%	1h	376.82	−0.011%	$1.3M	$547K	20x	as long as short