Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0020%/8h= −2.2% APRpaid last 24h −0.006%

Price spread now: Coinbase International against KuCoin+0.035%7-day average −0.061% · you sell dearer than you buy

Net, funding: paid 7d − costs−$59as in the Funding arb table

Net, price: spread back to 7d avg − costs−$51as in the Price arb table

costs, in and out, $10k−$610.606% of the position

Long on KuCoin Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days+0.012%+$1 on $10k

Price spread, last 4 days (all we have)−0.131%−$13 · spread now +0.035%, 7d avg −0.061%

Together, before fees−0.119%−$12 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Coinbase International is 0.096% dearer against KuCoin than usual: you sell high and buy low (spread +0.035% now, against its 7-day average of −0.061%): +$10 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 16 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin TSLAUSDTM	376.00	0.0100	pay 0.0100% / 8h	3h 05m	$1.5M	$105K	20x
Short	Coinbase International TSLA-PERP-INTX	376.13	0.0080	get 0.0010% / 1h	5m 14s	$511K	$337K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International 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 Coinbase InternationalbpOrdersPrice spread, now +0.035%Rate

Funding earned: −$4.2
Price spread: +0.035% → −0.061%: $9.56
Slippage, 4 orders: −$38.62
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$55.26
Costs to cover: 0.606%
Break-even: never at this rate

Slippage from KuCoin: live order book, 5 min ago; Coinbase International: live order book, 48 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	3.32 bp	24.7 bp −$25	doesn't fit	doesn't fit	doesn't fit
Sell Coinbase International live order book, 48 min ago	2.26 bp	8.0 bp −$8	10.7 bp −$107	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	−0.0101%	4h	376.24	+0.064%	$398K	$1.0M	10x	as long as short
Aster TSLAUSDT	0.0000%	8h	376.21	+0.055%	$576K	$198K	50x	as long as short
Extended TSLA_24_5-USD	0.0000%	1h	376.12	+0.032%	$480K	$2.7M	10x	as long as short
Binance TSLAUSDT	0.0000%	8h	376.23	+0.060%	$47.0M	$112.4M	25x	as long as short
Bybit TSLAUSDT	0.0000%	8h	376.23	+0.061%	$10.3M	$15.4M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	376.21	+0.056%	$11.2M	$16.9M	25x	as long as short
RISEx TSLA/USDC	0.0000%	1h	376.24	+0.064%	$289K	$580K	20x	as long as short
Bitget TSLAUSDT	0.0000%	8h	376.20	+0.053%	$17.1M	$22.6M	100x	as long as short
Variational Omni TSLA	0.0000%	8h	376.30	+0.080%	$1.9M	$1.3M	—	as long as short
StandX TSLA-USD	0.0000%	1h	376.34	+0.090%	$200K	$906K	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	376.26	+0.069%	$1.1M	$14K	10x	as long as short
BloFin TSLA-USDT	+0.0007%	8h	376.27	+0.072%	$577K	$353K	20x	as long as short
Hotstuff TSLA-PERP	+0.0008%	1h	375.89	−0.029%	$34K	—	20x	as long as short
Aftermath Perps TSLAUSD	+0.0019%	1h	376.13	+0.035%	$38K	$40K	10x	as long as short
Gate TSLA_USDT	+0.0025%	8h	376.28	+0.074%	$2.3M	$3.5M	100x	as long as short
Lighter RH TSLA	+0.0032%	1h	376.10	+0.027%	$1.2M	$2.5M	20x	as long as short
QFEX TSLA-USD	+0.0033%	1h	376.20	+0.053%	$1.2M	$6.2M	10x	as long as short
Arcus TSLA-USD	+0.0040%	1h	376.00	0.000%	$133K	$106K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	376.08	+0.021%	—	$128K	25x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	375.89	−0.029%	$44.5M	$14.7M	20x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	376.10	+0.027%	$300K	$309K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	376.11	+0.029%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	375.95	−0.013%	$1.6M	$1.1M	10x	as long as short
Lighter TSLA	+0.0072%	1h	376.11	+0.029%	$838K	$3.7M	20x	as long as short
Coinbase International TSLA-PERP-INTXshort	+0.0080%	1h	376.13	+0.035%	$511K	$337K	10x
Pacifica TSLA	+0.0100%	1h	376.00	0.000%	$390K	$37K	10x	as long as short
KuCoin TSLAUSDTMlong	+0.0100%	8h	376.00	long leg	$1.5M	$105K	20x
ApeX Omni TSLAUSDT	+0.0100%	1h	375.99	−0.003%	$4K	$62K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	376.21	+0.056%	$41K	$23K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	376.15	+0.039%	$745	—	10x	as long as short
GRVT TSLA_USDT_Perp	+0.0115%	8h	376.35	+0.094%	$844K	$2.8M	10x	as long as short
Bullet TSLA-USD	+0.0142%	1h	376.24	+0.064%	$4K	$90K	10x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	380.08	+1.085%	$79K	$36K	30x	as long as short
Nado TSLA-PERP	+0.0230%	1h	375.98	−0.006%	$489K	$112K	20x	as long as short
Phoenix TSLA	+0.0276%	1h	376.23	+0.061%	$1.3M	$540K	20x	as long as short
Deribit TSLA_USDC-PERPETUAL	+0.0335%	1h	376.09	+0.024%	$18K	$192K	10x	as long as short