Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.016%

Price spread now: tradeXYZ against Bybit−0.106%7-day average −0.088% · you buy dearer than you sell

Net, funding: paid 7d − costs−$21as in the Funding arb table

Net, price: spread back to 7d avg − costs−$36as in the Price arb table

costs, in and out, $10k−$340.345% of the position

Long on Bybit Short on tradeXYZ

What this pair did over the last

the charts below follow

Funding, last 7 days+0.132%+$13 on $10k

Price spread, last 7 days+0.049%+$5 · spread now −0.106%, 7d avg −0.088%

Together, before fees+0.182%+ Points / potential airdroptradeXYZ: Active · farm board+$18 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.088%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit TSLAUSDT	377.40	0	get 0.0000% / 8h	5h 23m	$10.3M	$15.4M	100x
Short	tradeXYZ xyz:TSLA	377.00	0.0050	get 0.0006% / 1h	23m 00s	$44.3M	$14.3M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ 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 tradeXYZbpOrdersPrice spread, now −0.106%Rate

Funding earned: $10.5
Price spread: −0.106% → −0.088%: −$1.83
Slippage, 4 orders: −$5.49
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: −$25.82
Costs to cover: 0.345%
Break-even: 24.2 days

Slippage from Bybit: live order book, just now; tradeXYZ: live order book, 5 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 Bybit live order book, just now	0.13 bp	7.0 bp −$7	10.6 bp −$106	146.2 bp −$14.6K	doesn't fit
Sell tradeXYZ live order book, 5 min ago	0.53 bp	10.0 bp −$10	doesn't fit	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	−0.0959%	4h	377.25	−0.040%	$398K	$1.0M	10x	as long as short
Hotstuff TSLA-PERP	−0.0016%	1h	376.94	−0.122%	$34K	—	20x	as long as short
Aster TSLAUSDT	0.0000%	8h	377.34	−0.016%	$578K	$196K	50x	as long as short
Extended TSLA_24_5-USD	0.0000%	1h	377.23	−0.045%	$480K	$6.8M	10x	as long as short
Binance TSLAUSDT	0.0000%	8h	377.33	−0.019%	$47.3M	$110.6M	25x	as long as short
Bybit TSLAUSDTlong	0.0000%	8h	377.40	long leg	$10.3M	$15.4M	100x
OKX TSLA-USDT-SWAP	0.0000%	8h	377.27	−0.034%	$11.2M	$16.9M	25x	as long as short
RISEx TSLA/USDC	0.0000%	1h	377.37	−0.009%	$290K	$599K	20x	as long as short
Bitget TSLAUSDT	0.0000%	8h	377.25	−0.040%	$17.1M	$22.9M	100x	as long as short
Variational Omni TSLA	0.0000%	8h	377.27	−0.035%	$1.9M	$1.4M	—	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT TSLA_USDT_Perp	0.0000%	8h	377.38	−0.007%	$856K	$2.8M	10x	as long as short
StandX TSLA-USD	0.0000%	1h	377.25	−0.040%	$200K	$909K	20x	as long as short
Deribit TSLA_USDC-PERPETUAL	0.0000%	1h	377.15	−0.066%	$20K	$188K	10x	as long as short
Coinbase International TSLA-PERP-INTX	0.0000%	1h	377.12	−0.074%	$513K	$330K	10x	as long as short
Phemex TSLAUSDT	0.0000%	4h	377.29	−0.029%	$1.1M	$14K	10x	as long as short
Aftermath Perps TSLAUSD	+0.0012%	1h	377.13	−0.072%	$38K	$43K	10x	as long as short
QFEX TSLA-USD	+0.0019%	1h	377.25	−0.040%	$1.2M	$6.6M	10x	as long as short
BloFin TSLA-USDT	+0.0022%	8h	377.35	−0.013%	$577K	$353K	20x	as long as short
Lighter RH TSLA	+0.0032%	1h	377.26	−0.037%	$1.2M	$2.6M	20x	as long as short
Arcus TSLA-USD	+0.0040%	1h	377.11	−0.077%	$162K	$96K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	377.21	−0.050%	—	$130K	25x	as long as short
Lighter TSLA	+0.0048%	1h	377.29	−0.029%	$820K	$3.6M	20x	as long as short
tradeXYZ xyz:TSLAshort	+0.0050%	1h	377.00	−0.106%	$44.3M	$14.3M	20x
Polymarket Perps TSLA-USD	+0.0050%	1h	377.16	−0.064%	$301K	$310K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	377.24	−0.042%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	377.02	−0.101%	$1.5M	$1.1M	10x	as long as short
Bullet TSLA-USD	+0.0075%	1h	377.35	−0.014%	$5K	$92K	10x	as long as short
Pacifica TSLA	+0.0100%	1h	377.18	−0.058%	$391K	$37K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	377.11	−0.077%	$1.5M	$105K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	377.03	−0.098%	$4K	$62K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	377.21	−0.050%	$41K	$23K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	377.21	−0.049%	$747	—	10x	as long as short
Gate TSLA_USDT	+0.0114%	8h	377.28	−0.032%	$2.3M	$3.7M	100x	as long as short
Nado TSLA-PERP	+0.0149%	1h	377.12	−0.075%	$490K	$112K	20x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	378.09	+0.183%	$79K	$36K	30x	as long as short
Phoenix TSLA	+0.0254%	1h	377.35	−0.013%	$1.3M	$539K	20x	as long as short