Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0048%/8h= +5.3% APRpaid last 24h +0.020%

Price spread now: Coinbase International against OKX−0.300%7-day average −0.110% · you buy dearer than you sell

Net, funding: paid 7d − costs−$16as in the Funding arb table

Net, price: spread back to 7d avg − costs−$50as in the Price arb table

costs, in and out, $10k−$310.307% of the position

Long on OKX Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days+0.147%+$15 on $10k

Price spread, last 3 days (all we have)+0.239%+$24 · spread now −0.300%, 7d avg −0.110%

Together, before fees+0.386%+$39 on $10k · with fees, hour by hour

Funding pays, the price is against you. Coinbase International is 0.190% cheaper against OKX than usual: you would sell low and buy high (spread −0.300% now, against its 7-day average of −0.110%). If the spread goes back, that is −$19 on $10k: about 13 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX TSLA-USDT-SWAP	376.24	0	get 0.0000% / 8h	7h 48m	$11.2M	$16.8M	25x
Short	Coinbase International TSLA-PERP-INTX	375.11	0.0048	get 0.0006% / 1h	48m 16s	$529K	$312K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against OKX. 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 OKXbpFee Coinbase InternationalbpOrdersPrice spread, now −0.300%Rate

Funding earned: $10.08
Price spread: −0.300% → −0.110%: −$19
Slippage, 4 orders: −$10.66
Fee OKX: 5 bp × 2 orders: −$10
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$39.58
Costs to cover: 0.307%
Break-even: 34.5 days

Slippage from OKX: live order book, 5 min ago; Coinbase International: live order book, 25 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 OKX live order book, 5 min ago	0.13 bp	6.2 bp −$6	10.4 bp −$104	doesn't fit	doesn't fit
Sell Coinbase International live order book, 25 min ago	2.53 bp	8.2 bp −$8	10.6 bp −$106	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	−0.0632%	4h	376.17	−0.018%	$398K	$1.0M	10x	as long as short
BloFin TSLA-USDT	−0.0018%	8h	376.31	+0.019%	$568K	$341K	20x	as long as short
Aster TSLAUSDT	0.0000%	8h	376.13	−0.030%	$585K	$191K	50x	as long as short
Extended TSLA_24_5-USD	0.0000%	1h	376.19	−0.013%	$477K	$10.9M	10x	as long as short
Binance TSLAUSDT	0.0000%	8h	376.27	+0.008%	$47.0M	$109.5M	25x	as long as short
Bybit TSLAUSDT	0.0000%	8h	376.29	+0.013%	$10.2M	$15.4M	100x	as long as short
OKX TSLA-USDT-SWAPlong	0.0000%	8h	376.24	long leg	$11.2M	$16.8M	25x
Gate TSLA_USDT	0.0000%	8h	376.28	+0.011%	$2.3M	$3.9M	100x	as long as short
Bitget TSLAUSDT	0.0000%	8h	376.19	−0.013%	$16.8M	$22.6M	100x	as long as short
Variational Omni TSLA	0.0000%	8h	376.18	−0.017%	$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	376.23	−0.003%	$200K	$894K	20x	as long as short
Deribit TSLA_USDC-PERPETUAL	0.0000%	1h	376.19	−0.013%	$20K	$186K	10x	as long as short
Phemex TSLAUSDT	0.0000%	4h	376.23	−0.003%	$1.1M	$13K	10x	as long as short
Aftermath Perps TSLAUSD	+0.0009%	1h	376.05	−0.051%	$38K	$47K	10x	as long as short
QFEX TSLA-USD	+0.0028%	1h	376.19	−0.013%	$1.2M	$7.1M	10x	as long as short
Lighter TSLA	+0.0032%	1h	376.23	−0.003%	$654K	$3.3M	20x	as long as short
Lighter RH TSLA	+0.0032%	1h	376.29	+0.013%	$1.2M	$2.5M	20x	as long as short
Arcus TSLA-USD	+0.0040%	1h	376.10	−0.037%	$165K	$91K	10x	as long as short
GRVT TSLA_USDT_Perp	+0.0045%	8h	376.29	+0.013%	$845K	$2.8M	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	376.26	+0.005%	—	$133K	25x	as long as short
Coinbase International TSLA-PERP-INTXshort	+0.0048%	1h	375.11	−0.300%	$529K	$312K	10x
Polymarket Perps TSLA-USD	+0.0050%	1h	376.10	−0.037%	$298K	$308K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	376.18	−0.016%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	375.95	−0.077%	$1.6M	$1.0M	10x	as long as short
tradeXYZ xyz:TSLA	+0.0063%	1h	376.06	−0.048%	$44.3M	$14.3M	20x	as long as short
RISEx TSLA/USDC	+0.0079%	1h	376.32	+0.021%	$291K	$598K	20x	as long as short
Pacifica TSLA	+0.0100%	1h	376.20	−0.011%	$390K	$38K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	376.08	−0.043%	$1.5M	$158K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	376.07	−0.045%	$4K	$62K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	376.27	+0.008%	$41K	$21K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	376.20	−0.010%	$745	—	10x	as long as short
Nado TSLA-PERP	+0.0136%	1h	376.17	−0.018%	$490K	$111K	20x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	377.10	+0.229%	$78K	$36K	30x	as long as short
Bullet TSLA-USD	+0.0272%	1h	376.31	+0.019%	$5K	$92K	10x	as long as short
Phoenix TSLA	+0.0277%	1h	376.29	+0.013%	$1.3M	$547K	20x	as long as short
Hotstuff TSLA-PERP	+0.0360%	1h	376.10	−0.037%	$34K	—	20x	as long as short