Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h −0.066%

Price spread now: Hotstuff against BloFin−0.056%7-day average — · you buy dearer than you sell

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

Long on BloFin Short on Hotstuff

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropHotstuff: Active · farm boardneeds both histories

Funding pays, the price is against you. Hotstuff is 0.056% cheaper against BloFin than usual: you would sell low and buy high (spread −0.056% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$6 on $10k: about 5.8 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin TSLA-USDT	376.30	0.0072	pay 0.0072% / 8h	4m 29s	$582K	$356K	20x
Short	Hotstuff TSLA-PERP	376.09	0.0104	get 0.0013% / 1h	4m 29s	$34K	—	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hotstuff 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 HotstuffbpOrdersPrice spread, now −0.056%Rate

Funding earned: $6.68
Price spread: −0.056% → 0.000%: −$5.58
Slippage, 4 orders: no order book: not counted
Fee BloFin: 6 bp × 2 orders: −$12
Fee Hotstuff: 2.5 bp × 2 orders: −$5
Net: −$15.9
Costs to cover: 0.170%
Break-even: 23.7 days

Slippage unknown: BloFin: live order book, 12 min ago; Hotstuff: 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 BloFin live order book, 12 min ago	0.40 bp	6.9 bp −$7	12.2 bp −$122	doesn't fit	doesn't fit
Sell Hotstuff no order-book sample	—	—	—	—	—

Hotstuff: 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	−0.0779%	4h	376.38	+0.021%	$398K	$1.0M	10x	as long as short
Bybit TSLAUSDT	0.0000%	8h	376.38	+0.021%	$10.2M	$15.4M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	376.30	0.000%	$11.2M	$16.9M	25x	as long as short
Gate TSLA_USDT	0.0000%	8h	376.36	+0.016%	$2.3M	$3.5M	100x	as long as short
Bitget TSLAUSDT	0.0000%	8h	376.29	−0.003%	$17.3M	$23.2M	100x	as long as short
StandX TSLA-USD	0.0000%	1h	376.32	+0.005%	$200K	$917K	20x	as long as short
Deribit TSLA_USDC-PERPETUAL	0.0000%	1h	376.22	−0.021%	$18K	$195K	10x	as long as short
Phemex TSLAUSDT	0.0000%	4h	376.32	+0.005%	$1.1M	$14K	10x	as long as short
Aster TSLAUSDT	+0.0022%	8h	376.51	+0.056%	$575K	$200K	50x	as long as short
Lighter RH TSLA	+0.0032%	1h	376.26	−0.011%	$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
Aftermath Perps TSLAUSD	+0.0032%	1h	376.36	+0.016%	$38K	$36K	10x	as long as short
Arcus TSLA-USD	+0.0040%	1h	376.24	−0.016%	$135K	$108K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	376.42	+0.032%	—	$125K	25x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	376.15	−0.040%	$44.6M	$14.9M	20x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	376.20	−0.027%	$300K	$303K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	376.19	−0.029%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	375.99	−0.082%	$1.6M	$1.1M	10x	as long as short
Variational Omni TSLA	+0.0059%	8h	376.24	−0.015%	$1.8M	$1.3M	—	as long as short
QFEX TSLA-USD	+0.0067%	1h	376.22	−0.021%	$1.2M	$6.2M	10x	as long as short
BloFin TSLA-USDTlong	+0.0072%	8h	376.30	long leg	$582K	$356K	20x
Binance TSLAUSDT	+0.0086%	8h	376.37	+0.020%	$47.1M	$114.7M	25x	as long as short
Extended TSLA_24_5-USD	+0.0088%	1h	376.26	−0.011%	$483K	$2.7M	10x	as long as short
Pacifica TSLA	+0.0100%	1h	376.20	−0.028%	$389K	$36K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	376.20	−0.027%	$1.5M	$1.9M	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	376.12	−0.048%	$4K	$62K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	376.31	+0.003%	$41K	$23K	20x	as long as short
Hotstuff TSLA-PERPshort	+0.0104%	1h	376.09	−0.056%	$34K	—	20x
Aevo TSLA-PERP	+0.0104%	1h	376.30	−0.001%	$745	—	10x	as long as short
Lighter TSLA	+0.0136%	1h	376.26	−0.011%	$819K	$3.7M	20x	as long as short
Coinbase International TSLA-PERP-INTX	+0.0176%	1h	376.72	+0.112%	$509K	$357K	10x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	379.80	+0.930%	$79K	$36K	30x	as long as short
Bullet TSLA-USD	+0.0226%	1h	376.31	+0.003%	$6K	$91K	10x	as long as short
RISEx TSLA/USDC	+0.0257%	1h	376.37	+0.017%	$215K	$655K	20x	as long as short
Nado TSLA-PERP	+0.0280%	1h	376.22	−0.021%	$498K	$116K	20x	as long as short
GRVT TSLA_USDT_Perp	+0.0293%	8h	376.52	+0.058%	$849K	$2.8M	10x	as long as short
Phoenix TSLA	+0.0404%	1h	376.83	+0.141%	$1.3M	$525K	20x	as long as short