Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0024%/8h= +2.6% APRpaid last 24h −0.056%

Price spread now: Hotstuff against Bybit−0.088%7-day average — · you buy dearer than you sell

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

Long on Bybit 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 0.088% cheaper against Bybit than usual: you would sell low and buy high (spread −0.088% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$9 on $10k: about 12 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	Bybit TSLAUSDT	375.79	0	get 0.0000% / 8h	1h 27m	$10.2M	$15.4M	100x
Short	Hotstuff TSLA-PERP	375.46	0.0024	get 0.0003% / 1h	27m 23s	$34K	—	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hotstuff against Bybit. 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 BybitbpFee HotstuffbpOrdersPrice spread, now −0.088%Rate

Funding earned: $5.04
Price spread: −0.088% → 0.000%: −$8.78
Slippage, 4 orders: no order book: not counted
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Hotstuff: 2.5 bp × 2 orders: −$5
Net: −$19.74
Costs to cover: 0.160%
Break-even: 34.4 days

Slippage unknown: Bybit: live order book, 1 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 Bybit live order book, 1 min ago	0.67 bp	7.7 bp −$8	11.4 bp −$114	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	−0.0862%	4h	375.87	+0.022%	$398K	$1.0M	10x	as long as short
BloFin TSLA-USDT	−0.0007%	8h	375.98	+0.051%	$578K	$356K	20x	as long as short
Aster TSLAUSDT	0.0000%	8h	375.88	+0.023%	$574K	$199K	50x	as long as short
Extended TSLA_24_5-USD	0.0000%	1h	375.77	−0.006%	$481K	$2.7M	10x	as long as short
Binance TSLAUSDT	0.0000%	8h	375.86	+0.018%	$47.1M	$113.4M	25x	as long as short
Bybit TSLAUSDTlong	0.0000%	8h	375.79	long leg	$10.2M	$15.4M	100x
OKX TSLA-USDT-SWAP	0.0000%	8h	375.75	−0.011%	$11.2M	$16.9M	25x	as long as short
Gate TSLA_USDT	0.0000%	8h	375.86	+0.019%	$2.3M	$3.5M	100x	as long as short
Bitget TSLAUSDT	0.0000%	8h	375.77	−0.005%	$17.2M	$22.9M	100x	as long as short
Variational Omni TSLA	0.0000%	8h	375.67	−0.032%	$1.9M	$1.3M	—	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
StandX TSLA-USD	0.0000%	1h	375.97	+0.048%	$200K	$919K	20x	as long as short
Phemex TSLAUSDT	0.0000%	4h	375.83	+0.011%	$1.1M	$14K	10x	as long as short
Hotstuff TSLA-PERPshort	+0.0024%	1h	375.46	−0.088%	$34K	—	20x
Aftermath Perps TSLAUSD	+0.0026%	1h	375.70	−0.025%	$38K	$38K	10x	as long as short
Lighter RH TSLA	+0.0032%	1h	375.69	−0.027%	$1.3M	$2.5M	20x	as long as short
Arcus TSLA-USD	+0.0040%	1h	375.60	−0.051%	$135K	$108K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	375.70	−0.024%	—	$119K	25x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	375.55	−0.064%	$44.5M	$14.9M	20x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	375.72	−0.019%	$300K	$304K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	375.76	−0.008%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	375.36	−0.114%	$1.6M	$1.1M	10x	as long as short
QFEX TSLA-USD	+0.0052%	1h	375.81	+0.005%	$1.2M	$6.2M	10x	as long as short
Pacifica TSLA	+0.0100%	1h	375.66	−0.035%	$389K	$37K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	375.58	−0.056%	$1.4M	$107K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	375.63	−0.043%	$4K	$61K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	375.50	−0.077%	$41K	$23K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	375.68	−0.029%	$744	—	10x	as long as short
Coinbase International TSLA-PERP-INTX	+0.0136%	1h	375.69	−0.027%	$505K	$350K	10x	as long as short
RISEx TSLA/USDC	+0.0138%	1h	375.85	+0.015%	$214K	$643K	20x	as long as short
Lighter TSLA	+0.0168%	1h	375.73	−0.016%	$820K	$3.7M	20x	as long as short
GRVT TSLA_USDT_Perp	+0.0207%	8h	375.78	−0.003%	$843K	$2.8M	10x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	379.41	+0.963%	$79K	$36K	30x	as long as short
Bullet TSLA-USD	+0.0238%	1h	375.88	+0.024%	$5K	$91K	10x	as long as short
Nado TSLA-PERP	+0.0290%	1h	375.46	−0.088%	$488K	$111K	20x	as long as short
Phoenix TSLA	+0.0318%	1h	375.82	+0.008%	$1.3M	$528K	20x	as long as short
Deribit TSLA_USDC-PERPETUAL	+0.0576%	1h	375.72	−0.019%	$18K	$194K	10x	as long as short