Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0064%/8h= −7.0% APRpaid last 24h +0.055%

Price spread now: Bitget against Hotstuff+0.061%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Hotstuff Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropHotstuff: Active · farm boardneeds both histories

The price spread pays, funding is against you. Bitget is 0.061% dearer against Hotstuff than usual: you sell high and buy low (spread +0.061% now, against zero (this spread has no 7-day history yet)): +$6 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 3.2 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hotstuff TSLA-PERP	376.12	0.0064	pay 0.0008% / 1h	27m 27s	$34K	—	20x
Short	Bitget TSLAUSDT	376.35	0	get 0.0000% / 8h	7h 27m	$16.8M	$22.7M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Hotstuff. 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 HotstuffbpFee BitgetbpOrdersPrice spread, now +0.061%Rate

Funding earned: −$13.44
Price spread: +0.061% → 0.000%: $6.12
Slippage, 4 orders: no order book: not counted
Fee Hotstuff: 2.5 bp × 2 orders: −$5
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$24.32
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: Hotstuff: no order-book sample; Bitget: live order book, 1 min ago. Net counts fees only.

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 Hotstuff no order-book sample	—	—	—	—	—
Sell Bitget live order book, 1 min ago	0.13 bp	8.1 bp −$8	11.1 bp −$111	31.8 bp −$3,177	doesn't fit

Hotstuff: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	−0.0822%	4h	376.37	+0.065%	$398K	$1.0M	10x	as long as short
Aster TSLAUSDT	0.0000%	8h	376.20	+0.022%	$585K	$191K	50x	as long as short
Extended TSLA_24_5-USD	0.0000%	1h	376.40	+0.075%	$477K	$11.4M	10x	as long as short
Binance TSLAUSDT	0.0000%	8h	376.46	+0.092%	$47.0M	$109.4M	25x	as long as short
Bybit TSLAUSDT	0.0000%	8h	376.49	+0.098%	$10.2M	$15.4M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	376.39	+0.072%	$11.2M	$16.8M	25x	as long as short
Gate TSLA_USDT	0.0000%	8h	376.43	+0.082%	$2.3M	$3.9M	100x	as long as short
Bitget TSLAUSDTshort	0.0000%	8h	376.35	+0.061%	$16.8M	$22.7M	100x
Variational Omni TSLA	0.0000%	8h	376.24	+0.031%	$1.9M	$1.3M	—	as long as short
StandX TSLA-USD	0.0000%	1h	376.45	+0.088%	$200K	$893K	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	376.44	+0.085%	$1.1M	$13K	10x	as long as short
Aftermath Perps TSLAUSD	+0.0009%	1h	376.14	+0.006%	$38K	$46K	10x	as long as short
BloFin TSLA-USDT	+0.0018%	8h	376.41	+0.077%	$572K	$339K	20x	as long as short
QFEX TSLA-USD	+0.0028%	1h	376.37	+0.066%	$1.2M	$7.1M	10x	as long as short
Lighter TSLA	+0.0032%	1h	376.34	+0.058%	$784K	$3.5M	20x	as long as short
Lighter RH TSLA	+0.0032%	1h	376.36	+0.064%	$1.2M	$2.6M	20x	as long as short
Arcus TSLA-USD	+0.0040%	1h	376.27	+0.040%	$163K	$93K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	376.35	+0.061%	—	$133K	25x	as long as short
Coinbase International TSLA-PERP-INTX	+0.0048%	1h	375.11	−0.269%	$529K	$307K	10x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	376.21	+0.024%	$44.3M	$14.2M	20x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	376.20	+0.021%	$298K	$308K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	376.34	+0.058%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	376.02	−0.027%	$1.6M	$1.0M	10x	as long as short
Hotstuff TSLA-PERPlong	+0.0064%	1h	376.12	long leg	$34K	—	20x
RISEx TSLA/USDC	+0.0079%	1h	376.48	+0.096%	$291K	$598K	20x	as long as short
Pacifica TSLA	+0.0100%	1h	376.29	+0.045%	$390K	$38K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	376.14	+0.005%	$1.5M	$106K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	376.22	+0.027%	$4K	$62K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	376.34	+0.058%	$41K	$20K	20x	as long as short
GRVT TSLA_USDT_Perp	+0.0104%	8h	376.37	+0.066%	$846K	$2.7M	10x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	376.36	+0.063%	$745	—	10x	as long as short
Bullet TSLA-USD	+0.0115%	1h	376.49	+0.099%	$5K	$92K	10x	as long as short
Nado TSLA-PERP	+0.0136%	1h	376.21	+0.024%	$489K	$112K	20x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	377.35	+0.327%	$78K	$36K	30x	as long as short
Phoenix TSLA	+0.0277%	1h	376.49	+0.098%	$1.3M	$547K	20x	as long as short
Deribit TSLA_USDC-PERPETUAL	+0.0282%	1h	376.45	+0.088%	$20K	$186K	10x	as long as short