Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0095%/8h= −10.4% APRpaid last 24h −0.021%

Price spread now: Bitget against Nado−0.003%7-day average +0.046% · 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−$400.404% of the position

Long on Nado Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.049%+$5 on $10k

Price spread, last 4 days (all we have)+0.508%+$51 · spread now −0.003%, 7d avg +0.046%

Together, before fees+0.556%+ Points / potential airdropNado: Active · farm board+$56 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Bitget is 0.049% cheaper against Nado than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.046%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado TSLA-PERP	377.44	0.0098	pay 0.0012% / 1h	17m 04s	$491K	$112K	20x
Short	Bitget TSLAUSDT	377.43	0.0003	get 0.0003% / 8h	6h 17m	$17.0M	$22.9M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Nado. 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 NadobpFee BitgetbpOrdersPrice spread, now −0.003%Rate

Funding earned: −$19.92
Price spread: −0.003% → +0.046%: −$4.87
Slippage, 4 orders: −$21.41
Fee Nado: 3.5 bp × 2 orders: −$7
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$65.2
Costs to cover: 0.404%
Break-even: never at this rate

Slippage from Nado: live order book, 51 min ago; Bitget: live order book, 2 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 Nado live order book, 51 min ago	3.32 bp	12.3 bp −$12	22.2 bp −$222	doesn't fit	doesn't fit
Sell Bitget live order book, 2 min ago	0.26 bp	6.8 bp −$7	10.5 bp −$105	doesn't fit	doesn't fit

TSLA on 35 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	−0.0067%	4h	377.42	−0.006%	$399K	$1.0M	10x	as long as short
Coinbase International TSLA-PERP-INTX	−0.0016%	1h	377.33	−0.029%	$513K	$328K	10x	as long as short
Aster TSLAUSDT	0.0000%	8h	377.43	−0.002%	$578K	$196K	50x	as long as short
Extended TSLA_24_5-USD	0.0000%	1h	377.41	−0.008%	$481K	$9.3M	10x	as long as short
Binance TSLAUSDT	0.0000%	8h	377.46	+0.005%	$47.4M	$110.5M	25x	as long as short
Bybit TSLAUSDT	0.0000%	8h	377.58	+0.037%	$10.3M	$15.6M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	377.46	+0.005%	$11.2M	$16.8M	25x	as long as short
RISEx TSLA/USDC	0.0000%	1h	377.55	+0.029%	$290K	$599K	20x	as long as short
Variational Omni TSLA	0.0000%	8h	377.47	+0.007%	$1.9M	$1.3M	—	as long as short
StandX TSLA-USD	0.0000%	1h	377.47	+0.008%	$200K	$909K	20x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bullet TSLA-USD	0.0000%	1h	377.50	+0.017%	$5K	$92K	10x	as long as short
Deribit TSLA_USDC-PERPETUAL	0.0000%	1h	377.39	−0.013%	$20K	$187K	10x	as long as short
Phemex TSLAUSDT	0.0000%	4h	377.51	+0.019%	$1.1M	$15K	10x	as long as short
GRVT TSLA_USDT_Perp	+0.0002%	8h	377.59	+0.039%	$846K	$2.8M	10x	as long as short
Bitget TSLAUSDTshort	+0.0003%	8h	377.43	−0.003%	$17.0M	$22.9M	100x
Aftermath Perps TSLAUSD	+0.0007%	1h	377.21	−0.062%	$38K	$45K	10x	as long as short
QFEX TSLA-USD	+0.0023%	1h	377.44	0.000%	$1.2M	$6.7M	10x	as long as short
Lighter TSLA	+0.0032%	1h	377.47	+0.008%	$824K	$3.6M	20x	as long as short
Lighter RH TSLA	+0.0032%	1h	377.52	+0.021%	$1.2M	$2.6M	20x	as long as short
Arcus TSLA-USD	+0.0040%	1h	377.32	−0.032%	$163K	$93K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	377.54	+0.026%	—	$130K	25x	as long as short
Gate TSLA_USDT	+0.0047%	8h	377.49	+0.013%	$2.3M	$3.8M	100x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	377.21	−0.061%	$44.4M	$14.2M	20x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	377.30	−0.037%	$301K	$311K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	377.40	−0.011%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	377.15	−0.077%	$1.5M	$1.1M	10x	as long as short
Hotstuff TSLA-PERP	+0.0096%	1h	377.26	−0.048%	$34K	—	20x	as long as short
Nado TSLA-PERPlong	+0.0098%	1h	377.44	long leg	$491K	$112K	20x
Pacifica TSLA	+0.0100%	1h	377.41	−0.008%	$391K	$37K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	377.22	−0.058%	$1.5M	$105K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	377.43	−0.003%	$4K	$61K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	377.46	+0.005%	$41K	$20K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	377.39	−0.012%	$747	—	10x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	378.38	+0.249%	$79K	$36K	30x	as long as short
Phoenix TSLA	+0.0255%	1h	377.62	+0.048%	$1.3M	$539K	20x	as long as short