Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0050%/8h= −5.4% APRpaid last 24h −0.015%

Price spread now: Ondo Perps against KuCoin−0.037%7-day average −0.054% · you buy dearer than you sell

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

Long on KuCoin Short on Ondo Perps

What this pair did over the last

the charts below follow

Funding, last 7 days−0.054%−$5 on $10k

Price spread, last 7 days−0.013%−$1 · spread now −0.037%, 7d avg −0.054%

Together, before fees−0.067%+ Points / potential airdropOndo Perps: Active · farm board−$7 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.054%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin TSLAUSDTM	375.81	0.0100	pay 0.0100% / 8h	3h 38m	$1.5M	$105K	20x
Short	Ondo Perps TSLA-USD.P	375.67	0.0050	get 0.0006% / 1h	38m 51s	$1.6M	$1.1M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Ondo Perps 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 Ondo PerpsbpOrdersPrice spread, now −0.037%Rate

Funding earned: −$10.42
Price spread: −0.037% → −0.054%: $1.72
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Net: −$25.69
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: KuCoin: live order book, 2 min ago; Ondo Perps: no order-book sample. 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 KuCoin live order book, 2 min ago	3.06 bp	26.7 bp −$27	doesn't fit	doesn't fit	doesn't fit
Sell Ondo Perps no order-book sample	—	—	—	—	—

Ondo Perps: 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	−0.0495%	4h	376.08	+0.071%	$398K	$1.0M	10x	as long as short
BloFin TSLA-USDT	−0.0023%	8h	375.96	+0.040%	$575K	$352K	20x	as long as short
Aster TSLAUSDT	0.0000%	8h	376.01	+0.054%	$576K	$195K	50x	as long as short
Extended TSLA_24_5-USD	0.0000%	1h	375.85	+0.012%	$480K	$2.7M	10x	as long as short
Binance TSLAUSDT	0.0000%	8h	375.96	+0.039%	$47.3M	$111.2M	25x	as long as short
Bybit TSLAUSDT	0.0000%	8h	376.01	+0.053%	$10.2M	$15.4M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	375.87	+0.016%	$11.2M	$16.8M	25x	as long as short
RISEx TSLA/USDC	0.0000%	1h	375.96	+0.041%	$289K	$580K	20x	as long as short
Bitget TSLAUSDT	0.0000%	8h	375.88	+0.019%	$17.0M	$22.5M	100x	as long as short
Variational Omni TSLA	0.0000%	8h	376.02	+0.056%	$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	376.04	+0.061%	$200K	$897K	20x	as long as short
Phemex TSLAUSDT	0.0000%	4h	376.28	+0.125%	$1.1M	$14K	10x	as long as short
Aftermath Perps TSLAUSD	+0.0021%	1h	375.88	+0.018%	$38K	$41K	10x	as long as short
Gate TSLA_USDT	+0.0030%	8h	375.97	+0.043%	$2.3M	$3.5M	100x	as long as short
Lighter TSLA	+0.0032%	1h	375.92	+0.029%	$818K	$3.6M	20x	as long as short
Lighter RH TSLA	+0.0032%	1h	375.91	+0.027%	$1.2M	$2.5M	20x	as long as short
Hotstuff TSLA-PERP	+0.0032%	1h	375.64	−0.045%	$34K	—	20x	as long as short
QFEX TSLA-USD	+0.0033%	1h	375.93	+0.032%	$1.2M	$6.4M	10x	as long as short
Arcus TSLA-USD	+0.0040%	1h	375.85	+0.011%	$133K	$106K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	375.87	+0.016%	—	$129K	25x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	375.65	−0.043%	$44.4M	$14.6M	20x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	375.76	−0.013%	$300K	$309K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	375.83	+0.005%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.Pshort	+0.0050%	1h	375.67	−0.037%	$1.6M	$1.1M	10x
GRVT TSLA_USDT_Perp	+0.0065%	8h	376.04	+0.062%	$854K	$2.8M	10x	as long as short
Deribit TSLA_USDC-PERPETUAL	+0.0069%	1h	375.88	+0.019%	$20K	$189K	10x	as long as short
Coinbase International TSLA-PERP-INTX	+0.0080%	1h	376.45	+0.170%	$512K	$330K	10x	as long as short
Bullet TSLA-USD	+0.0097%	1h	375.98	+0.045%	$5K	$90K	10x	as long as short
Pacifica TSLA	+0.0100%	1h	375.78	−0.007%	$390K	$38K	10x	as long as short
KuCoin TSLAUSDTMlong	+0.0100%	8h	375.81	long leg	$1.5M	$105K	20x
ApeX Omni TSLAUSDT	+0.0100%	1h	376.10	+0.077%	$4K	$62K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	375.71	−0.027%	$41K	$23K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	375.88	+0.020%	$744	—	10x	as long as short
Nado TSLA-PERP	+0.0212%	1h	375.81	−0.001%	$489K	$112K	20x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	380.00	+1.115%	$79K	$36K	30x	as long as short
Phoenix TSLA	+0.0276%	1h	376.25	+0.117%	$1.3M	$540K	20x	as long as short