Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0047%/8h= −5.1% APRpaid last 24h +0.009%

Price spread now: KuCoin against Nado+0.014%7-day average −0.006% · 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−$174as in the Price arb table

costs, in and out, $10k−$1761.759% of the position

Long on Nado Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.078%+$8 on $10k

Price spread, last 4 days (all we have)+0.230%+$23 · spread now +0.014%, 7d avg −0.006%

Together, before fees+0.309%+ Points / potential airdropNado: Active · farm board+$31 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.006%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate. Mind the row above: over the last 3 days funding on this pair paid +0.078%, 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	Nado TSLA-PERP	377.07	0.0147	pay 0.0018% / 1h	23m 51s	$490K	$112K	20x
Short	KuCoin TSLAUSDTM	377.12	0.0100	get 0.0100% / 8h	5h 23m	$1.5M	$105K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now +0.014%Rate

Funding earned: −$9.82
Price spread: +0.014% → −0.006%: $1.98
Slippage, 4 orders: −$156.93
Fee Nado: 3.5 bp × 2 orders: −$7
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$183.77
Costs to cover: 1.759%
Break-even: never at this rate

Slippage from Nado: live order book, 39 min ago; KuCoin: 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, 39 min ago	4.51 bp	10.8 bp −$11	21.6 bp −$216	doesn't fit	doesn't fit
Sell KuCoin live order book, 2 min ago	3.18 bp	119.1 bp −$119	doesn't fit	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	−0.0428%	4h	377.18	+0.030%	$398K	$1.0M	10x	as long as short
Hotstuff TSLA-PERP	−0.0056%	1h	376.88	−0.050%	$34K	—	20x	as long as short
Aster TSLAUSDT	0.0000%	8h	377.32	+0.067%	$578K	$196K	50x	as long as short
Extended TSLA_24_5-USD	0.0000%	1h	377.24	+0.047%	$480K	$6.8M	10x	as long as short
Binance TSLAUSDT	0.0000%	8h	377.33	+0.071%	$47.3M	$110.6M	25x	as long as short
Bybit TSLAUSDT	0.0000%	8h	377.37	+0.080%	$10.3M	$15.4M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	377.23	+0.043%	$11.2M	$16.9M	25x	as long as short
RISEx TSLA/USDC	0.0000%	1h	377.28	+0.056%	$290K	$599K	20x	as long as short
Bitget TSLAUSDT	0.0000%	8h	377.24	+0.046%	$17.1M	$22.9M	100x	as long as short
Variational Omni TSLA	0.0000%	8h	377.27	+0.053%	$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
GRVT TSLA_USDT_Perp	0.0000%	8h	377.38	+0.082%	$856K	$2.8M	10x	as long as short
StandX TSLA-USD	0.0000%	1h	377.32	+0.067%	$200K	$909K	20x	as long as short
Coinbase International TSLA-PERP-INTX	0.0000%	1h	377.12	+0.014%	$513K	$330K	10x	as long as short
Phemex TSLAUSDT	0.0000%	4h	377.29	+0.059%	$1.1M	$14K	10x	as long as short
BloFin TSLA-USDT	+0.0003%	8h	377.35	+0.075%	$577K	$353K	20x	as long as short
Aftermath Perps TSLAUSD	+0.0012%	1h	377.13	+0.017%	$38K	$43K	10x	as long as short
QFEX TSLA-USD	+0.0019%	1h	377.17	+0.027%	$1.2M	$6.6M	10x	as long as short
Lighter RH TSLA	+0.0032%	1h	377.24	+0.046%	$1.2M	$2.6M	20x	as long as short
Arcus TSLA-USD	+0.0040%	1h	377.11	+0.011%	$162K	$96K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	377.17	+0.027%	—	$130K	25x	as long as short
Lighter TSLA	+0.0048%	1h	377.26	+0.051%	$821K	$3.6M	20x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	376.98	−0.023%	$44.3M	$14.3M	20x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	377.04	−0.007%	$301K	$310K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	377.24	+0.046%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	376.96	−0.028%	$1.5M	$1.1M	10x	as long as short
Deribit TSLA_USDC-PERPETUAL	+0.0068%	1h	377.07	+0.001%	$20K	$188K	10x	as long as short
Bullet TSLA-USD	+0.0072%	1h	377.24	+0.046%	$5K	$92K	10x	as long as short
Pacifica TSLA	+0.0100%	1h	377.19	+0.033%	$391K	$37K	10x	as long as short
KuCoin TSLAUSDTMshort	+0.0100%	8h	377.12	+0.014%	$1.5M	$105K	20x
ApeX Omni TSLAUSDT	+0.0100%	1h	377.13	+0.017%	$4K	$62K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	377.13	+0.017%	$41K	$22K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	377.13	+0.016%	$747	—	10x	as long as short
Gate TSLA_USDT	+0.0112%	8h	377.26	+0.051%	$2.3M	$3.7M	100x	as long as short
Nado TSLA-PERPlong	+0.0147%	1h	377.07	long leg	$490K	$112K	20x
Injective TSLA/USDC PERP	+0.0220%	1h	378.09	+0.271%	$79K	$36K	30x	as long as short
Phoenix TSLA	+0.0254%	1h	377.35	+0.075%	$1.3M	$539K	20x	as long as short