Funding arb · Price arb /

TSLA

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0735%/8h= +80.5% APRpaid last 24h +0.183%

Price spread now: Extended against edgeX+0.126%53s7-day average −0.022% · you sell dearer than you buy

Net, funding: paid 7d − costs−$16as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$260.259% of the position

Long on edgeX Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.104%+$10 on $10k

Price spread, last 7 days−0.140%−$14 · spread now +0.126%, 7d avg −0.022%

Together, before fees−0.036%+ Points / potential airdropedgeX: Active · Extended: Active · farm board−$4 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$22 a day on $10k at the current rate, and Extended is 0.148% dearer against edgeX than usual: you sell high and buy low: +$15 more if the spread goes back to its 7-day average of −0.022%. The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.104% in total (about 5.4% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX TSLAUSDC	376.86	−0.0735	get 0.0368% / 4h	2h 38m	$398K	$1.0M	10x
Short	Extended TSLA_24_5-USD	377.33	0	get 0.0000% / 1h	38m 39s	$479K	$10.4M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against edgeX. 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 edgeXbpFee ExtendedbpOrdersPrice spread, now +0.126%Rate

Funding earned: $154.4
Price spread: +0.126% → −0.022%: $14.8
Slippage, 4 orders: −$11.93
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Extended: 2.5 bp × 2 orders: −$5
Net: $143.28
Costs to cover: 0.259%
Break-even: 0.5 days

Slippage from edgeX: live order book, just now; Extended: 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 edgeX live order book, just now	0.40 bp	9.0 bp −$9	12.5 bp −$125	doesn't fit	doesn't fit
Sell Extended live order book, 5 min ago	0.13 bp	4.1 bp −$4	26.6 bp −$266	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 TSLAUSDClong	−0.0735%	4h	376.86	long leg	$398K	$1.0M	10x
Hotstuff TSLA-PERP	−0.0064%	1h	377.05	+0.051%	$34K	—	20x	as long as short
BloFin TSLA-USDT	−0.0027%	8h	376.98	+0.033%	$576K	$341K	20x	as long as short
Coinbase International TSLA-PERP-INTX	−0.0016%	1h	376.58	−0.073%	$512K	$327K	10x	as long as short
Aster TSLAUSDT	0.0000%	8h	377.17	+0.082%	$578K	$195K	50x	as long as short
Extended TSLA_24_5-USDshort	0.0000%	1h	377.33	+0.126%	$479K	$10.4M	10x
Binance TSLAUSDT	0.0000%	8h	377.42	+0.149%	$47.3M	$109.9M	25x	as long as short
Bybit TSLAUSDT	0.0000%	8h	377.50	+0.171%	$10.3M	$15.5M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	377.36	+0.134%	$11.2M	$16.7M	25x	as long as short
RISEx TSLA/USDC	0.0000%	1h	377.47	+0.162%	$292K	$598K	20x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate TSLA_USDT	0.0000%	8h	377.26	+0.107%	$2.3M	$3.8M	100x	as long as short
Bitget TSLAUSDT	0.0000%	8h	377.27	+0.110%	$16.9M	$22.7M	100x	as long as short
Variational Omni TSLA	0.0000%	8h	376.93	+0.019%	$1.9M	$1.3M	—	as long as short
StandX TSLA-USD	0.0000%	1h	376.97	+0.030%	$200K	$906K	20x	as long as short
Bullet TSLA-USD	0.0000%	1h	377.17	+0.083%	$6K	$93K	10x	as long as short
Deribit TSLA_USDC-PERPETUAL	0.0000%	1h	377.06	+0.054%	$20K	$187K	10x	as long as short
Phemex TSLAUSDT	0.0000%	4h	377.14	+0.075%	$1.1M	$14K	10x	as long as short
Aftermath Perps TSLAUSD	+0.0009%	1h	376.81	−0.012%	$38K	$45K	10x	as long as short
QFEX TSLA-USD	+0.0023%	1h	377.29	+0.115%	$1.3M	$6.7M	10x	as long as short
Lighter TSLA	+0.0032%	1h	377.32	+0.123%	$828K	$3.6M	20x	as long as short
Lighter RH TSLA	+0.0032%	1h	377.34	+0.128%	$1.2M	$2.6M	20x	as long as short
Arcus TSLA-USD	+0.0040%	1h	376.90	+0.011%	$163K	$93K	10x	as long as short
tradeXYZ xyz:TSLA	+0.0045%	1h	377.06	+0.054%	$44.4M	$13.9M	20x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	377.17	+0.083%	—	$130K	25x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	376.96	+0.027%	$301K	$310K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	377.14	+0.075%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	377.20	+0.091%	$1.5M	$1.1M	10x	as long as short
GRVT TSLA_USDT_Perp	+0.0057%	8h	377.07	+0.056%	$849K	$2.8M	10x	as long as short
Nado TSLA-PERP	+0.0089%	1h	377.04	+0.050%	$490K	$112K	20x	as long as short
Pacifica TSLA	+0.0100%	1h	377.14	+0.076%	$391K	$38K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	376.91	+0.014%	$1.5M	$106K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	376.94	+0.022%	$4K	$61K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	377.16	+0.080%	$41K	$20K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	377.11	+0.068%	$747	—	10x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	377.88	+0.271%	$79K	$36K	30x	as long as short
Phoenix TSLA	+0.0255%	1h	376.92	+0.017%	$1.3M	$539K	20x	as long as short