Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0110%/8h= −12.0% APRpaid last 24h +0.034%

Price spread now: Gate against Coinbase International+0.109%7-day average +0.120% · you sell dearer than you buy

Net, funding: paid 7d − costs−$43as in the Funding arb table

Net, price: spread back to 7d avg − costs−$44as in the Price arb table

costs, in and out, $10k−$430.429% of the position

Long on Coinbase International Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.005%$0 on $10k

Price spread, last 4 days (all we have)−0.012%−$1 · spread now +0.109%, 7d avg +0.120%

Together, before fees−0.017%−$2 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.120%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International TSLA-PERP-INTX	376.13	0.0112	pay 0.0014% / 1h	2m 46s	$511K	$337K	10x
Short	Gate TSLA_USDT	376.54	0.0002	get 0.0002% / 8h	2h 02m	$2.3M	$3.6M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against Coinbase International. 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 Coinbase InternationalbpFee GatebpOrdersPrice spread, now +0.109%Rate

Funding earned: −$23.1
Price spread: +0.109% → +0.120%: −$1.06
Slippage, 4 orders: −$17.88
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$67.05
Costs to cover: 0.429%
Break-even: never at this rate

Slippage from Coinbase International: live order book, 45 min ago; Gate: 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 Coinbase International live order book, 45 min ago	2.92 bp	7.9 bp −$8	10.5 bp −$105	doesn't fit	doesn't fit
Sell Gate live order book, 5 min ago	1.33 bp	13.4 bp −$13	21.7 bp −$217	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	−0.0155%	4h	376.53	+0.107%	$398K	$1.0M	10x	as long as short
BloFin TSLA-USDT	−0.0026%	8h	376.52	+0.104%	$572K	$355K	20x	as long as short
Aster TSLAUSDT	0.0000%	8h	376.46	+0.089%	$575K	$199K	50x	as long as short
Extended TSLA_24_5-USD	0.0000%	1h	376.46	+0.088%	$479K	$2.7M	10x	as long as short
Binance TSLAUSDT	0.0000%	8h	376.57	+0.116%	$47.3M	$113.1M	25x	as long as short
Bybit TSLAUSDT	0.0000%	8h	376.47	+0.090%	$10.2M	$15.4M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	376.48	+0.093%	$11.2M	$16.9M	25x	as long as short
Bitget TSLAUSDT	0.0000%	8h	376.51	+0.101%	$17.1M	$22.7M	100x	as long as short
Variational Omni TSLA	0.0000%	8h	376.54	+0.109%	$1.9M	$1.3M	—	as long as short
StandX TSLA-USD	0.0000%	1h	376.40	+0.072%	$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
Phemex TSLAUSDT	0.0000%	4h	376.51	+0.101%	$1.1M	$14K	10x	as long as short
Gate TSLA_USDTshort	+0.0002%	8h	376.54	+0.109%	$2.3M	$3.6M	100x
Aftermath Perps TSLAUSD	+0.0020%	1h	376.33	+0.054%	$38K	$39K	10x	as long as short
Lighter RH TSLA	+0.0032%	1h	376.41	+0.074%	$1.3M	$2.6M	20x	as long as short
Arcus TSLA-USD	+0.0040%	1h	376.25	+0.032%	$135K	$107K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	376.48	+0.093%	—	$125K	25x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	376.22	+0.024%	$44.6M	$14.8M	20x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	376.35	+0.058%	$301K	$307K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	376.47	+0.090%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	376.19	+0.016%	$1.6M	$1.1M	10x	as long as short
QFEX TSLA-USD	+0.0052%	1h	376.51	+0.101%	$1.2M	$6.1M	10x	as long as short
RISEx TSLA/USDC	+0.0054%	1h	376.61	+0.127%	$217K	$618K	20x	as long as short
Hotstuff TSLA-PERP	+0.0064%	1h	376.26	+0.035%	$34K	—	20x	as long as short
Pacifica TSLA	+0.0100%	1h	376.24	+0.029%	$390K	$36K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	376.20	+0.019%	$1.5M	$108K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	376.30	+0.045%	$4K	$62K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	376.25	+0.032%	$41K	$23K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	376.48	+0.092%	$745	—	10x	as long as short
Coinbase International TSLA-PERP-INTXlong	+0.0112%	1h	376.13	long leg	$511K	$337K	10x
Lighter TSLA	+0.0128%	1h	376.44	+0.082%	$828K	$3.7M	20x	as long as short
GRVT TSLA_USDT_Perp	+0.0179%	8h	376.61	+0.128%	$855K	$2.8M	10x	as long as short
Bullet TSLA-USD	+0.0186%	1h	376.53	+0.105%	$5K	$90K	10x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	380.37	+1.127%	$79K	$36K	30x	as long as short
Deribit TSLA_USDC-PERPETUAL	+0.0228%	1h	376.37	+0.064%	$18K	$193K	10x	as long as short
Nado TSLA-PERP	+0.0238%	1h	376.27	+0.037%	$488K	$110K	20x	as long as short
Phoenix TSLA	+0.0298%	1h	376.69	+0.149%	$1.3M	$528K	20x	as long as short