Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 20:00 UTC−0.0050%/8hpaid last 24h +0.040%

Price spread now: Gate against Ondo Perps+0.096%7-day average +0.127% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Ondo Perps Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days+0.060%+$6 on $10k

Price spread, last 7 days+0.026%+$3 · spread now +0.096%, 7d avg +0.127%

Together, before fees+0.086%+ Points / potential airdropOndo Perps: Active · farm board+$9 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Gate is 0.031% cheaper against Ondo Perps than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.127%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.060%, 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	Ondo Perps TSLA-USD.P	373.83	0.0050	pay 0.0006% / 1h	4m 09s	$1.6M	$961K	10x
Short	Gate TSLA_USDT	374.19	0	get 0.0000% / 8h	4h 04m	$2.3M	$4.2M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against Ondo Perps. 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 Ondo PerpsbpFee GatebpOrdersPrice spread, now +0.096%Rate

Funding earned: −$10.58
Price spread: +0.096% → +0.127%: −$3.11
Slippage, 4 orders: no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$33.69
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: Ondo Perps: no order-book sample; Gate: live order book, 4 min ago. Net counts fees only.

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 Ondo Perps no order-book sample	—	—	—	—	—
Sell Gate live order book, 4 min ago	1.34 bp	14.8 bp −$15	22.3 bp −$223	doesn't fit	doesn't fit

Ondo Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	−0.0894%	4h	374.44	+0.162%	$394K	$998K	10x	as long as short
Hotstuff TSLA-PERP	−0.0104%	1h	373.93	+0.027%	$34K	—	20x	as long as short
BloFin TSLA-USDT	−0.0007%	8h	374.12	+0.078%	$583K	$340K	20x	as long as short
Aster TSLAUSDT	0.0000%	8h	374.09	+0.070%	$592K	$181K	50x	as long as short
Extended TSLA_24_5-USD	0.0000%	1h	374.26	+0.114%	$447K	$10.6M	10x	as long as short
Binance TSLAUSDT	0.0000%	8h	374.46	+0.169%	$46.9M	$108.1M	25x	as long as short
Bybit TSLAUSDT	0.0000%	8h	374.55	+0.193%	$10.2M	$15.5M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	374.45	+0.166%	$11.2M	$16.5M	25x	as long as short
Gate TSLA_USDTshort	0.0000%	8h	374.19	+0.096%	$2.3M	$4.2M	100x
Bitget TSLAUSDT	0.0000%	8h	374.26	+0.115%	$16.7M	$21.9M	100x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni TSLA	0.0000%	8h	374.13	+0.081%	$1.7M	$1.2M	—	as long as short
StandX TSLA-USD	0.0000%	1h	374.37	+0.144%	$199K	$896K	20x	as long as short
Phemex TSLAUSDT	0.0000%	4h	374.41	+0.155%	$1.1M	$13K	10x	as long as short
Lighter RH TSLA	+0.0032%	1h	374.48	+0.174%	$1.3M	$2.5M	20x	as long as short
QFEX TSLA-USD	+0.0044%	1h	373.96	+0.035%	$1.2M	$6.9M	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	374.03	+0.054%	—	$133K	25x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	374.03	+0.054%	$43.7M	$14.1M	20x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	373.99	+0.043%	$296K	$283K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	374.10	+0.072%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.Plong	+0.0050%	1h	373.83	long leg	$1.6M	$961K	10x
RISEx TSLA/USDC	+0.0067%	1h	374.11	+0.076%	$177K	$511K	20x	as long as short
Coinbase International TSLA-PERP-INTX	+0.0072%	1h	373.93	+0.027%	$528K	$328K	10x	as long as short
Deribit TSLA_USDC-PERPETUAL	+0.0098%	1h	374.22	+0.104%	$20K	$185K	10x	as long as short
Nado TSLA-PERP	+0.0099%	1h	373.60	−0.062%	$482K	$90K	20x	as long as short
Pacifica TSLA	+0.0100%	1h	373.78	−0.013%	$387K	$27K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	373.91	+0.021%	$1.4M	$152K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	373.95	+0.032%	$4K	$61K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	374.42	+0.158%	$41K	$20K	20x	as long as short
Bullet TSLA-USD	+0.0102%	1h	374.24	+0.110%	$5K	$90K	10x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	374.32	+0.130%	$741	—	10x	as long as short
Aftermath Perps TSLAUSD	+0.0142%	1h	374.17	+0.090%	$38K	$51K	10x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	375.59	+0.471%	$78K	$36K	30x	as long as short
GRVT TSLA_USDT_Perp	+0.0228%	8h	374.14	+0.083%	$841K	$3.1M	10x	as long as short
Lighter TSLA	+0.0248%	1h	374.58	+0.201%	$1.1M	$3.9M	20x	as long as short
Phoenix TSLA	+0.0298%	1h	374.21	+0.102%	$1.3M	$213K	20x	as long as short
Arcus TSLA-USD	+0.0364%	1h	374.04	+0.056%	$153K	$85K	10x	as long as short