Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0040%/8h= +4.4% APRpaid last 24h −0.005%

Price spread now: Arcus against Gate−0.066%7-day average −0.094% · 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−$45as in the Price arb table

costs, in and out, $10k−$480.476% of the position

Long on Gate Short on Arcus

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.047%+$5 on $10k

Price spread, last 4 days (all we have)−0.027%−$3 · spread now −0.066%, 7d avg −0.094%

Together, before fees+0.020%+$2 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Arcus is 0.027% dearer against Gate than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.094%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate TSLA_USDT	376.78	0	get 0.0000% / 8h	7h 04m	$2.3M	$3.9M	100x
Short	Arcus TSLA-USD	376.53	0.0040	get 0.0005% / 1h	4m 22s	$163K	$93K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Arcus against Gate. 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 GatebpFee ArcusbpOrdersPrice spread, now −0.066%Rate

Funding earned: $8.46
Price spread: −0.066% → −0.094%: $2.73
Slippage, 4 orders: −$28.06
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Net: −$36.38
Costs to cover: 0.476%
Break-even: 37.1 days

Slippage from Gate: live order book, 4 min ago; Arcus: live order book, 4 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 Gate live order book, 4 min ago	0.66 bp	13.0 bp −$13	21.4 bp −$214	doesn't fit	doesn't fit
Sell Arcus live order book, 4 min ago	2.13 bp	9.9 bp −$10	14.1 bp −$141	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	−0.0083%	4h	376.55	−0.061%	$398K	$1.0M	10x	as long as short
BloFin TSLA-USDT	−0.0003%	8h	376.60	−0.048%	$573K	$339K	20x	as long as short
Aster TSLAUSDT	0.0000%	8h	376.46	−0.084%	$576K	$195K	50x	as long as short
Extended TSLA_24_5-USD	0.0000%	1h	376.67	−0.029%	$483K	$10.9M	10x	as long as short
Binance TSLAUSDT	0.0000%	8h	376.77	−0.003%	$47.1M	$109.3M	25x	as long as short
Bybit TSLAUSDT	0.0000%	8h	376.76	−0.005%	$10.2M	$15.5M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	376.73	−0.013%	$11.2M	$16.6M	25x	as long as short
Gate TSLA_USDTlong	0.0000%	8h	376.78	long leg	$2.3M	$3.9M	100x
Bitget TSLAUSDT	0.0000%	8h	376.69	−0.024%	$16.9M	$22.7M	100x	as long as short
Variational Omni TSLA	0.0000%	8h	376.72	−0.017%	$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	376.74	−0.011%	$200K	$904K	20x	as long as short
Deribit TSLA_USDC-PERPETUAL	0.0000%	1h	376.55	−0.061%	$20K	$186K	10x	as long as short
Phemex TSLAUSDT	0.0000%	4h	376.63	−0.040%	$1.1M	$13K	10x	as long as short
Aftermath Perps TSLAUSD	+0.0010%	1h	376.42	−0.096%	$38K	$46K	10x	as long as short
QFEX TSLA-USD	+0.0028%	1h	376.65	−0.035%	$1.2M	$6.9M	10x	as long as short
Lighter TSLA	+0.0032%	1h	376.73	−0.013%	$830K	$3.6M	20x	as long as short
Lighter RH TSLA	+0.0032%	1h	376.75	−0.008%	$1.2M	$2.6M	20x	as long as short
Arcus TSLA-USDshort	+0.0040%	1h	376.53	−0.066%	$163K	$93K	10x
Vest TSLA-USD-PERP	+0.0046%	1h	376.70	−0.021%	—	$133K	25x	as long as short
Coinbase International TSLA-PERP-INTX	+0.0048%	1h	375.11	−0.443%	$529K	$307K	10x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	376.51	−0.072%	$44.3M	$14.1M	20x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	376.53	−0.066%	$301K	$310K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	376.63	−0.040%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	376.42	−0.096%	$1.5M	$1.1M	10x	as long as short
Bullet TSLA-USD	+0.0075%	1h	376.79	+0.002%	$6K	$92K	10x	as long as short
RISEx TSLA/USDC	+0.0079%	1h	376.77	−0.003%	$292K	$598K	20x	as long as short
Hotstuff TSLA-PERP	+0.0088%	1h	376.44	−0.090%	$34K	—	20x	as long as short
Pacifica TSLA	+0.0100%	1h	376.51	−0.072%	$390K	$38K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	376.43	−0.093%	$1.5M	$106K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	376.30	−0.127%	$4K	$62K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	376.73	−0.013%	$41K	$20K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	376.62	−0.043%	$746	—	10x	as long as short
Nado TSLA-PERP	+0.0133%	1h	376.61	−0.046%	$490K	$112K	20x	as long as short
GRVT TSLA_USDT_Perp	+0.0138%	8h	376.58	−0.053%	$850K	$2.7M	10x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	377.21	+0.114%	$78K	$36K	30x	as long as short
Phoenix TSLA	+0.0277%	1h	376.82	+0.011%	$1.3M	$547K	20x	as long as short