Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0151%/8h= −16.5% APRpaid last 24h −0.023%

Price spread now: Bybit against Nado+0.067%7-day average +0.055% · 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−$40as in the Price arb table

costs, in and out, $10k−$410.408% of the position

Long on Nado Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.032%+$3 on $10k

Price spread, last 4 days (all we have)+0.134%+$13 · spread now +0.067%, 7d avg +0.055%

Together, before fees+0.166%+ Points / potential airdropNado: Active · farm board+$17 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.055%, so right now this pair is about funding alone: −$5 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado TSLA-PERP	376.32	0.0151	pay 0.0019% / 1h	12m 32s	$489K	$112K	20x
Short	Bybit TSLAUSDT	376.57	0	get 0.0000% / 8h	4h 12m	$10.3M	$15.4M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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 BybitbpOrdersPrice spread, now +0.067%Rate

Funding earned: −$31.73
Price spread: +0.067% → +0.055%: $1.18
Slippage, 4 orders: −$22.76
Fee Nado: 3.5 bp × 2 orders: −$7
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$71.31
Costs to cover: 0.408%
Break-even: never at this rate

Slippage from Nado: live order book, 45 min ago; Bybit: live order book, 1 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, 45 min ago	4.78 bp	12.3 bp −$12	22.4 bp −$224	doesn't fit	doesn't fit
Sell Bybit live order book, 1 min ago	0.40 bp	7.5 bp −$8	11.0 bp −$110	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	−0.0790%	4h	376.49	+0.044%	$398K	$1.0M	10x	as long as short
Hotstuff TSLA-PERP	−0.0016%	1h	376.18	−0.037%	$34K	—	20x	as long as short
Aster TSLAUSDT	0.0000%	8h	376.55	+0.061%	$577K	$196K	50x	as long as short
Extended TSLA_24_5-USD	0.0000%	1h	376.41	+0.023%	$481K	$3.4M	10x	as long as short
Binance TSLAUSDT	0.0000%	8h	376.51	+0.051%	$47.3M	$111.1M	25x	as long as short
Bybit TSLAUSDTshort	0.0000%	8h	376.57	+0.067%	$10.3M	$15.4M	100x
OKX TSLA-USDT-SWAP	0.0000%	8h	376.42	+0.027%	$11.3M	$16.8M	25x	as long as short
RISEx TSLA/USDC	0.0000%	1h	376.53	+0.056%	$290K	$587K	20x	as long as short
Bitget TSLAUSDT	0.0000%	8h	376.43	+0.030%	$17.0M	$23.0M	100x	as long as short
Variational Omni TSLA	0.0000%	8h	376.50	+0.048%	$1.9M	$1.4M	—	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	376.45	+0.035%	$200K	$908K	20x	as long as short
Deribit TSLA_USDC-PERPETUAL	0.0000%	1h	376.32	0.000%	$20K	$189K	10x	as long as short
Phemex TSLAUSDT	0.0000%	4h	376.52	+0.054%	$1.1M	$14K	10x	as long as short
Aftermath Perps TSLAUSD	+0.0017%	1h	376.51	+0.050%	$38K	$41K	10x	as long as short
BloFin TSLA-USDT	+0.0025%	8h	376.61	+0.077%	$577K	$352K	20x	as long as short
Lighter TSLA	+0.0032%	1h	376.46	+0.038%	$815K	$3.6M	20x	as long as short
Lighter RH TSLA	+0.0032%	1h	376.45	+0.035%	$1.2M	$2.6M	20x	as long as short
QFEX TSLA-USD	+0.0038%	1h	376.43	+0.030%	$1.2M	$6.5M	10x	as long as short
Arcus TSLA-USD	+0.0040%	1h	376.35	+0.008%	$133K	$106K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	376.43	+0.030%	—	$130K	25x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	376.20	−0.031%	$44.3M	$14.5M	20x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	376.29	−0.008%	$301K	$309K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	376.41	+0.024%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	376.12	−0.053%	$1.6M	$1.1M	10x	as long as short
Bullet TSLA-USD	+0.0052%	1h	376.49	+0.046%	$4K	$91K	10x	as long as short
GRVT TSLA_USDT_Perp	+0.0055%	8h	376.65	+0.089%	$854K	$2.8M	10x	as long as short
Coinbase International TSLA-PERP-INTX	+0.0056%	1h	376.45	+0.035%	$512K	$330K	10x	as long as short
Gate TSLA_USDT	+0.0070%	8h	376.48	+0.043%	$2.3M	$3.6M	100x	as long as short
Pacifica TSLA	+0.0100%	1h	376.28	−0.011%	$390K	$38K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	376.38	+0.016%	$1.5M	$105K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	376.42	+0.027%	$4K	$62K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	376.32	0.000%	$41K	$23K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	376.40	+0.021%	$745	—	10x	as long as short
Nado TSLA-PERPlong	+0.0151%	1h	376.32	long leg	$489K	$112K	20x
Injective TSLA/USDC PERP	+0.0220%	1h	377.69	+0.364%	$79K	$36K	30x	as long as short
Phoenix TSLA	+0.0255%	1h	376.75	+0.115%	$1.3M	$539K	20x	as long as short