Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0060%/8h= −6.5% APRpaid last 24h +0.024%

Price spread now: Arcus against KuCoin+0.021%7-day average −0.031% · you sell dearer than you buy

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

Net, price: spread back to 7d avg − costs−$97as in the Price arb table

costs, in and out, $10k−$1031.026% of the position

Long on KuCoin Short on Arcus

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.054%+$5 on $10k

Price spread, last 4 days (all we have)−0.070%−$7 · spread now +0.021%, 7d avg −0.031%

Together, before fees−0.016%−$2 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Arcus is 0.053% dearer against KuCoin than usual: you sell high and buy low (spread +0.021% now, against its 7-day average of −0.031%): +$5 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 2.9 days. Mind the row above: over the last 4 days funding on this pair paid +0.054%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin TSLAUSDTM	375.84	0.0100	pay 0.0100% / 8h	3h 40m	$1.5M	$105K	20x
Short	Arcus TSLA-USD	375.92	0.0040	get 0.0005% / 1h	40m 20s	$133K	$106K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Arcus against KuCoin. 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 KuCoinbpFee ArcusbpOrdersPrice spread, now +0.021%Rate

Funding earned: −$12.54
Price spread: +0.021% → −0.031%: $5.26
Slippage, 4 orders: −$86.09
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Net: −$109.87
Costs to cover: 1.026%
Break-even: never at this rate

Slippage from KuCoin: live order book, 5 min ago; Arcus: live order book, 13 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 KuCoin live order book, 5 min ago	2.66 bp	24.4 bp −$24	doesn't fit	doesn't fit	doesn't fit
Sell Arcus live order book, 13 min ago	2.66 bp	9.6 bp −$10	11.1 bp −$111	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	−0.0876%	4h	376.26	+0.113%	$398K	$1.0M	10x	as long as short
BloFin TSLA-USDT	−0.0024%	8h	376.11	+0.072%	$575K	$352K	20x	as long as short
Aster TSLAUSDT	0.0000%	8h	376.01	+0.045%	$576K	$195K	50x	as long as short
Extended TSLA_24_5-USD	0.0000%	1h	375.88	+0.010%	$480K	$2.7M	10x	as long as short
Binance TSLAUSDT	0.0000%	8h	375.99	+0.040%	$47.3M	$111.1M	25x	as long as short
Bybit TSLAUSDT	0.0000%	8h	376.05	+0.056%	$10.2M	$15.4M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	375.94	+0.027%	$11.2M	$16.8M	25x	as long as short
RISEx TSLA/USDC	0.0000%	1h	376.04	+0.052%	$289K	$580K	20x	as long as short
Hotstuff TSLA-PERP	0.0000%	1h	375.67	−0.045%	$34K	—	20x	as long as short
Bitget TSLAUSDT	0.0000%	8h	375.92	+0.021%	$17.0M	$22.5M	100x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni TSLA	0.0000%	8h	376.02	+0.048%	$1.9M	$1.3M	—	as long as short
StandX TSLA-USD	0.0000%	1h	376.04	+0.053%	$200K	$897K	20x	as long as short
Phemex TSLAUSDT	0.0000%	4h	376.30	+0.122%	$1.1M	$14K	10x	as long as short
Aftermath Perps TSLAUSD	+0.0021%	1h	375.93	+0.023%	$38K	$41K	10x	as long as short
Gate TSLA_USDT	+0.0031%	8h	376.00	+0.043%	$2.3M	$3.5M	100x	as long as short
Lighter TSLA	+0.0032%	1h	375.92	+0.021%	$818K	$3.6M	20x	as long as short
Lighter RH TSLA	+0.0032%	1h	375.95	+0.029%	$1.2M	$2.5M	20x	as long as short
QFEX TSLA-USD	+0.0033%	1h	375.99	+0.040%	$1.2M	$6.4M	10x	as long as short
Arcus TSLA-USDshort	+0.0040%	1h	375.92	+0.021%	$133K	$106K	10x
Vest TSLA-USD-PERP	+0.0046%	1h	375.91	+0.019%	—	$129K	25x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	375.67	−0.045%	$44.4M	$14.6M	20x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	375.84	0.000%	$300K	$309K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	375.90	+0.016%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	375.97	+0.035%	$1.6M	$1.1M	10x	as long as short
GRVT TSLA_USDT_Perp	+0.0063%	8h	376.35	+0.136%	$842K	$2.8M	10x	as long as short
Coinbase International TSLA-PERP-INTX	+0.0080%	1h	376.45	+0.162%	$512K	$330K	10x	as long as short
Bullet TSLA-USD	+0.0094%	1h	376.00	+0.043%	$5K	$90K	10x	as long as short
Pacifica TSLA	+0.0100%	1h	375.81	−0.008%	$390K	$38K	10x	as long as short
KuCoin TSLAUSDTMlong	+0.0100%	8h	375.84	long leg	$1.5M	$105K	20x
ApeX Omni TSLAUSDT	+0.0100%	1h	376.10	+0.069%	$4K	$62K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	375.73	−0.029%	$41K	$23K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	375.92	+0.020%	$744	—	10x	as long as short
Deribit TSLA_USDC-PERPETUAL	+0.0123%	1h	375.84	0.000%	$20K	$189K	10x	as long as short
Nado TSLA-PERP	+0.0210%	1h	375.81	−0.009%	$489K	$112K	20x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	377.23	+0.370%	$78K	$36K	30x	as long as short
Phoenix TSLA	+0.0276%	1h	376.25	+0.109%	$1.3M	$540K	20x	as long as short