Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0138%/8h= +15.1% APRpaid last 24h +0.016%

Price spread now: Coinbase International against BloFin−0.008%7-day average −0.107% · 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−$21as in the Price arb table

costs, in and out, $10k−$310.310% of the position

Long on BloFin Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days−0.007%−$1 on $10k

Price spread, last 4 days (all we have)−0.027%−$3 · spread now −0.008%, 7d avg −0.107%

Together, before fees−0.034%−$3 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 0.099% dearer against BloFin than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of −0.107%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin TSLA-USDT	376.16	−0.0026	get 0.0026% / 8h	2h 44m	$577K	$353K	20x
Short	Coinbase International TSLA-PERP-INTX	376.13	0.0112	get 0.0014% / 1h	44m 43s	$511K	$337K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against BloFin. 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 BloFinbpFee Coinbase InternationalbpOrdersPrice spread, now −0.008%Rate

Funding earned: $28.95
Price spread: −0.008% → −0.107%: $9.87
Slippage, 4 orders: −$9.05
Fee BloFin: 6 bp × 2 orders: −$12
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: $7.77
Costs to cover: 0.310%
Break-even: 5.1 days

Slippage from BloFin: live order book, 47 min ago; Coinbase International: live order book, 3 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 BloFin live order book, 47 min ago	0.13 bp	6.8 bp −$7	10.7 bp −$107	24.3 bp −$2,431	doesn't fit
Sell Coinbase International live order book, 3 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	−0.0328%	4h	376.17	+0.003%	$398K	$1.0M	10x	as long as short
BloFin TSLA-USDTlong	−0.0026%	8h	376.16	long leg	$577K	$353K	20x
Aster TSLAUSDT	0.0000%	8h	376.20	+0.012%	$576K	$198K	50x	as long as short
Extended TSLA_24_5-USD	0.0000%	1h	376.05	−0.029%	$479K	$2.7M	10x	as long as short
Binance TSLAUSDT	0.0000%	8h	376.15	−0.003%	$47.0M	$112.5M	25x	as long as short
Bybit TSLAUSDT	0.0000%	8h	376.08	−0.021%	$10.2M	$15.4M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	376.09	−0.019%	$11.2M	$16.9M	25x	as long as short
Bitget TSLAUSDT	0.0000%	8h	376.13	−0.008%	$17.1M	$22.7M	100x	as long as short
Variational Omni TSLA	0.0000%	8h	376.15	−0.003%	$1.9M	$1.3M	—	as long as short
StandX TSLA-USD	0.0000%	1h	376.21	+0.013%	$200K	$917K	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	376.02	−0.037%	$18K	$193K	10x	as long as short
Phemex TSLAUSDT	0.0000%	4h	376.14	−0.005%	$1.1M	$14K	10x	as long as short
Aftermath Perps TSLAUSD	+0.0020%	1h	376.02	−0.039%	$38K	$40K	10x	as long as short
Gate TSLA_USDT	+0.0022%	8h	376.19	+0.008%	$2.3M	$3.5M	100x	as long as short
Lighter RH TSLA	+0.0032%	1h	376.08	−0.021%	$1.2M	$2.5M	20x	as long as short
Arcus TSLA-USD	+0.0040%	1h	375.89	−0.072%	$135K	$107K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	376.10	−0.016%	—	$128K	25x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	375.82	−0.090%	$44.5M	$14.7M	20x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	376.02	−0.037%	$300K	$309K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	376.06	−0.027%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	375.94	−0.058%	$1.6M	$1.1M	10x	as long as short
QFEX TSLA-USD	+0.0052%	1h	376.15	−0.003%	$1.2M	$6.2M	10x	as long as short
RISEx TSLA/USDC	+0.0054%	1h	376.24	+0.021%	$289K	$580K	20x	as long as short
Hotstuff TSLA-PERP	+0.0080%	1h	375.85	−0.082%	$34K	—	20x	as long as short
Pacifica TSLA	+0.0100%	1h	375.91	−0.067%	$390K	$37K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	375.97	−0.051%	$1.5M	$105K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	376.03	−0.035%	$4K	$62K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	375.91	−0.066%	$41K	$23K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	376.08	−0.022%	$745	—	10x	as long as short
Coinbase International TSLA-PERP-INTXshort	+0.0112%	1h	376.13	−0.008%	$511K	$337K	10x
Lighter TSLA	+0.0136%	1h	376.11	−0.013%	$835K	$3.6M	20x	as long as short
GRVT TSLA_USDT_Perp	+0.0145%	8h	376.32	+0.042%	$849K	$2.8M	10x	as long as short
Bullet TSLA-USD	+0.0192%	1h	376.18	+0.005%	$4K	$90K	10x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	377.15	+0.263%	$78K	$36K	30x	as long as short
Nado TSLA-PERP	+0.0270%	1h	375.98	−0.049%	$489K	$112K	20x	as long as short
Phoenix TSLA	+0.0298%	1h	376.12	−0.011%	$1.3M	$528K	20x	as long as short