Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC−0.0171%/8h= −18.7% APRpaid last 24h −0.034%

Price spread now: OKX against Nado+0.063%7-day average +0.043% · 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−$38as in the Price arb table

costs, in and out, $10k−$400.404% of the position

Long on Nado Short on OKX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.017%+$2 on $10k

Price spread, last 4 days (all we have)+0.082%+$8 · spread now +0.063%, 7d avg +0.043%

Together, before fees+0.099%+ Points / potential airdropNado: Active · farm board+$10 on $10k · with fees, hour by hour

The price spread pays, funding is against you. OKX is 0.020% dearer against Nado than usual: you sell high and buy low (spread +0.063% now, against its 7-day average of +0.043%): +$2 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 9 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado TSLA-PERP	378.19	0.0171	pay 0.0021% / 1h	43m 38s	$502K	$99K	20x
Short	OKX TSLA-USDT-SWAP	378.43	0	get 0.0000% / 8h	5h 43m	$11.3M	$15.6M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.063%Rate

Funding earned: −$35.85
Price spread: +0.063% → +0.043%: $2
Slippage, 4 orders: −$23.37
Fee Nado: 3.5 bp × 2 orders: −$7
Fee OKX: 5 bp × 2 orders: −$10
Net: −$74.22
Costs to cover: 0.404%
Break-even: never at this rate

Slippage from Nado: live order book, 2 min ago; OKX: live order book, 3 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, 2 min ago	4.89 bp	13.7 bp −$14	21.3 bp −$213	doesn't fit	doesn't fit
Sell OKX live order book, 3 min ago	0.13 bp	8.7 bp −$9	12.2 bp −$122	doesn't fit	doesn't fit

TSLA on 36 exchanges

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
Hotstuff TSLA-PERP	−0.1600%	1h	377.07	−0.297%	$34K	—	20x	as long as short
edgeX TSLAUSDC	−0.0357%	4h	378.29	+0.025%	$399K	$1.1M	10x	as long as short
Bybit TSLAUSDT	0.0000%	8h	378.41	+0.058%	$10.2M	$14.2M	100x	as long as short
OKX TSLA-USDT-SWAPshort	0.0000%	8h	378.43	+0.063%	$11.3M	$15.6M	25x
Gate TSLA_USDT	0.0000%	8h	378.39	+0.052%	$2.3M	$3.2M	100x	as long as short
Bitget TSLAUSDT	0.0000%	8h	378.32	+0.034%	$17.3M	$24.1M	100x	as long as short
StandX TSLA-USD	0.0000%	1h	378.30	+0.029%	$201K	$969K	20x	as long as short
Deribit TSLA_USDC-PERPETUAL	0.0000%	1h	378.15	−0.011%	$18K	$190K	10x	as long as short
Phemex TSLAUSDT	0.0000%	4h	378.14	−0.014%	$1.1M	$14K	10x	as long as short
Aftermath Perps TSLAUSD	+0.0022%	1h	378.15	−0.011%	$38K	$36K	10x	as long as short

Show all 36 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH TSLA	+0.0032%	1h	378.29	+0.026%	$1.2M	$2.5M	20x	as long as short
Injective TSLA/USDC PERP	+0.0033%	1h	377.45	−0.196%	$74K	$41K	30x	as long as short
Arcus TSLA-USD	+0.0044%	1h	378.15	−0.011%	$132K	$85K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	378.31	+0.031%	—	$126K	25x	as long as short
Lighter TSLA	+0.0048%	1h	378.31	+0.031%	$809K	$3.6M	20x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	378.06	−0.035%	$44.8M	$14.9M	20x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	377.99	−0.053%	$301K	$136K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	378.21	+0.005%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	377.98	−0.056%	$1.5M	$1.2M	10x	as long as short
QFEX TSLA-USD	+0.0051%	1h	378.23	+0.010%	$1.3M	$6.2M	10x	as long as short
Pacifica TSLA	+0.0100%	1h	378.22	+0.007%	$392K	$36K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	378.19	0.000%	$1.4M	$3.9M	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	378.19	0.000%	$4K	$62K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	378.28	+0.023%	$41K	$24K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	378.22	+0.008%	$749	—	10x	as long as short
Coinbase International TSLA-PERP-INTX	+0.0112%	1h	377.89	−0.080%	$519K	$384K	10x	as long as short
Bullet TSLA-USD	+0.0121%	1h	378.31	+0.032%	$4K	$93K	10x	as long as short
Aster TSLAUSDT	+0.0134%	8h	378.52	+0.086%	$577K	$200K	50x	as long as short
Variational Omni TSLA	+0.0168%	8h	378.49	+0.078%	$1.7M	$1.5M	—	as long as short
Nado TSLA-PERPlong	+0.0171%	1h	378.19	long leg	$502K	$99K	20x
BloFin TSLA-USDT	+0.0189%	8h	378.44	+0.066%	$588K	$373K	20x	as long as short
Binance TSLAUSDT	+0.0189%	8h	378.37	+0.048%	$47.5M	$115.5M	25x	as long as short
Extended TSLA_24_5-USD	+0.0192%	1h	378.24	+0.014%	$483K	$2.7M	10x	as long as short
RISEx TSLA/USDC	+0.0351%	1h	378.42	+0.059%	$229K	$656K	20x	as long as short
Phoenix TSLA	+0.0360%	1h	378.87	+0.179%	$1.3M	$484K	20x	as long as short
GRVT TSLA_USDT_Perp	+0.0524%	8h	378.91	+0.190%	$857K	$2.9M	10x	as long as short