Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0257%/8h= +28.2% APRpaid last 24h +0.014%

Price spread now: RISEx against Bitget+0.028%7-day average +0.006% · 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−$26as in the Price arb table

costs, in and out, $10k−$280.279% of the position

Long on Bitget Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.006%−$1 on $10k

Price spread, last 4 days (all we have)−0.038%−$4 · spread now +0.028%, 7d avg +0.006%

Together, before fees−0.044%−$4 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and RISEx is 0.022% dearer against Bitget than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.006%.

The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.006% in total (about -0.5% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget TSLAUSDT	376.51	0	get 0.0000% / 8h	9m 09s	$17.4M	$23.2M	100x
Short	RISEx TSLA/USDC	376.62	0.0257	get 0.0032% / 1h	9m 09s	$215K	$655K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx 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 RISExbpOrdersPrice spread, now +0.028%Rate

Funding earned: $54
Price spread: +0.028% → +0.006%: $2.16
Slippage, 4 orders: −$9.9
Fee Bitget: 6 bp × 2 orders: −$12
Fee RISEx: 3 bp × 2 orders: −$6
Net: $28.26
Costs to cover: 0.279%
Break-even: 3.3 days

Slippage from Bitget: live order book, 5 min ago; RISEx: live order book, 29 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, 5 min ago	0.53 bp	9.2 bp −$9	12.5 bp −$125	doesn't fit	doesn't fit
Sell RISEx live order book, 29 min ago	1.86 bp	4.9 bp −$5	5.3 bp −$53	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	−0.0211%	4h	376.69	+0.049%	$398K	$1.0M	10x	as long as short
Bybit TSLAUSDT	0.0000%	8h	376.65	+0.037%	$10.2M	$15.4M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	376.57	+0.016%	$11.3M	$16.9M	25x	as long as short
Gate TSLA_USDT	0.0000%	8h	376.63	+0.032%	$2.3M	$3.5M	100x	as long as short
Bitget TSLAUSDTlong	0.0000%	8h	376.51	long leg	$17.4M	$23.2M	100x
StandX TSLA-USD	0.0000%	1h	376.40	−0.029%	$200K	$918K	20x	as long as short
Phemex TSLAUSDT	0.0000%	4h	376.57	+0.016%	$1.1M	$14K	10x	as long as short
Aster TSLAUSDT	+0.0022%	8h	376.79	+0.075%	$575K	$200K	50x	as long as short
Aftermath Perps TSLAUSD	+0.0032%	1h	376.53	+0.005%	$38K	$36K	10x	as long as short
Lighter RH TSLA	+0.0032%	1h	376.52	+0.003%	$1.2M	$2.6M	20x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Arcus TSLA-USD	+0.0040%	1h	376.61	+0.027%	$135K	$108K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	376.56	+0.013%	—	$125K	25x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	376.34	−0.045%	$44.6M	$14.9M	20x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	376.48	−0.008%	$301K	$303K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	376.48	−0.008%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	376.23	−0.074%	$1.6M	$1.1M	10x	as long as short
Variational Omni TSLA	+0.0057%	8h	376.66	+0.039%	$1.8M	$1.3M	—	as long as short
QFEX TSLA-USD	+0.0067%	1h	376.49	−0.005%	$1.2M	$6.2M	10x	as long as short
BloFin TSLA-USDT	+0.0068%	8h	376.63	+0.032%	$580K	$356K	20x	as long as short
Binance TSLAUSDT	+0.0087%	8h	376.56	+0.013%	$47.1M	$114.6M	25x	as long as short
Extended TSLA_24_5-USD	+0.0088%	1h	376.50	−0.002%	$483K	$2.7M	10x	as long as short
Pacifica TSLA	+0.0100%	1h	376.33	−0.048%	$390K	$36K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	376.39	−0.032%	$1.5M	$1.8M	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	376.33	−0.048%	$4K	$62K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	376.59	+0.021%	$41K	$23K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	376.54	+0.008%	$746	—	10x	as long as short
Hotstuff TSLA-PERP	+0.0128%	1h	376.33	−0.048%	$34K	—	20x	as long as short
Lighter TSLA	+0.0144%	1h	376.50	−0.003%	$821K	$3.7M	20x	as long as short
Coinbase International TSLA-PERP-INTX	+0.0176%	1h	376.72	+0.056%	$509K	$357K	10x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	379.80	+0.874%	$79K	$36K	30x	as long as short
Bullet TSLA-USD	+0.0237%	1h	376.62	+0.029%	$6K	$91K	10x	as long as short
Deribit TSLA_USDC-PERPETUAL	+0.0255%	1h	376.47	−0.011%	$18K	$195K	10x	as long as short
RISEx TSLA/USDCshort	+0.0257%	1h	376.62	+0.028%	$215K	$655K	20x
Nado TSLA-PERP	+0.0282%	1h	376.33	−0.047%	$498K	$116K	20x	as long as short
GRVT TSLA_USDT_Perp	+0.0292%	8h	376.69	+0.047%	$850K	$2.8M	10x	as long as short
Phoenix TSLA	+0.0404%	1h	376.83	+0.085%	$1.3M	$525K	20x	as long as short