Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0474%/8h= +51.9% APRpaid last 24h +0.208%

Price spread now: QFEX against edgeX−0.014%57s7-day average −0.010% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

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

costs, in and out, $10k−$310.312% of the position

Long on edgeX Short on QFEX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.484%+$48 on $10k

Price spread, last 7 days+0.031%+$3 · spread now −0.014%, 7d avg −0.010%

Together, before fees+0.514%+ Points / potential airdropedgeX: Active · farm board+$51 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.010%, so right now this pair is about funding alone: +$14 a day on $10k at the current rate. The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX TSLAUSDC	376.30	−0.0441	get 0.0220% / 4h	3h 44m	$398K	$1.0M	10x
Short	QFEX TSLA-USD	376.25	0.0033	get 0.0004% / 1h	44m 12s	$1.2M	$6.5M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

QFEX 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 QFEXbpOrdersPrice spread, now −0.014%Rate

Funding earned: $99.45
Price spread: −0.014% → −0.010%: −$0.42
Slippage, 4 orders: −$12.16
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee QFEX: 5 bp × 2 orders: −$10
Net: $67.88
Costs to cover: 0.312%
Break-even: 2.2 days

Slippage from edgeX: live order book, 5 min ago; QFEX: live order book, 10 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, 5 min ago	4.25 bp	9.0 bp −$9	11.9 bp −$119	doesn't fit	doesn't fit
Sell QFEX live order book, 10 min ago	1.60 bp	6.6 bp −$7	8.3 bp −$83	13.4 bp −$1,339	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	−0.0441%	4h	376.30	long leg	$398K	$1.0M	10x
BloFin TSLA-USDT	−0.0016%	8h	376.32	+0.005%	$576K	$352K	20x	as long as short
Aster TSLAUSDT	0.0000%	8h	376.40	+0.025%	$576K	$195K	50x	as long as short
Extended TSLA_24_5-USD	0.0000%	1h	376.17	−0.035%	$480K	$2.7M	10x	as long as short
Binance TSLAUSDT	0.0000%	8h	376.27	−0.008%	$47.3M	$111.1M	25x	as long as short
Bybit TSLAUSDT	0.0000%	8h	376.35	+0.012%	$10.3M	$15.4M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	376.21	−0.025%	$11.2M	$16.8M	25x	as long as short
RISEx TSLA/USDC	0.0000%	1h	376.31	+0.001%	$290K	$582K	20x	as long as short
Bitget TSLAUSDT	0.0000%	8h	376.20	−0.027%	$17.0M	$22.5M	100x	as long as short
Variational Omni TSLA	0.0000%	8h	376.34	+0.010%	$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	376.40	+0.026%	$200K	$899K	20x	as long as short
Phemex TSLAUSDT	0.0000%	4h	376.50	+0.052%	$1.1M	$14K	10x	as long as short
Aftermath Perps TSLAUSD	+0.0022%	1h	375.96	−0.091%	$38K	$41K	10x	as long as short
Lighter TSLA	+0.0032%	1h	376.25	−0.014%	$818K	$3.6M	20x	as long as short
Lighter RH TSLA	+0.0032%	1h	376.26	−0.011%	$1.2M	$2.5M	20x	as long as short
QFEX TSLA-USDshort	+0.0033%	1h	376.25	−0.014%	$1.2M	$6.5M	10x
Gate TSLA_USDT	+0.0036%	8h	376.27	−0.009%	$2.3M	$3.5M	100x	as long as short
Arcus TSLA-USD	+0.0040%	1h	376.04	−0.070%	$133K	$106K	10x	as long as short
Deribit TSLA_USDC-PERPETUAL	+0.0043%	1h	376.15	−0.041%	$20K	$189K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	376.23	−0.019%	—	$129K	25x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	375.98	−0.086%	$44.4M	$14.6M	20x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	376.08	−0.059%	$300K	$309K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	376.20	−0.027%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	376.12	−0.049%	$1.6M	$1.1M	10x	as long as short
GRVT TSLA_USDT_Perp	+0.0058%	8h	376.13	−0.047%	$850K	$2.8M	10x	as long as short
Bullet TSLA-USD	+0.0080%	1h	376.29	−0.003%	$5K	$90K	10x	as long as short
Hotstuff TSLA-PERP	+0.0080%	1h	375.97	−0.088%	$34K	—	20x	as long as short
Coinbase International TSLA-PERP-INTX	+0.0080%	1h	376.45	+0.039%	$512K	$330K	10x	as long as short
Pacifica TSLA	+0.0100%	1h	376.06	−0.063%	$390K	$38K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	376.18	−0.033%	$1.5M	$105K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	376.12	−0.049%	$4K	$62K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	376.07	−0.062%	$41K	$23K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	376.19	−0.030%	$745	—	10x	as long as short
Nado TSLA-PERP	+0.0200%	1h	376.10	−0.053%	$489K	$112K	20x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	377.31	+0.268%	$78K	$36K	30x	as long as short
Phoenix TSLA	+0.0276%	1h	376.38	+0.020%	$1.3M	$540K	20x	as long as short