Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.030%

Price spread now: Bybit against Pacifica+0.054%58s7-day average +0.061% · you sell dearer than you buy

Net, funding: paid 7d − costs−$52as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$320.316% of the position

Long on Pacifica Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.201%−$20 on $10k

Price spread, last 4 days (all we have)+0.042%+$4 · spread now +0.054%, 7d avg +0.061%

Together, before fees−0.159%+ Points / potential airdropPacifica: Active · farm board−$16 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.061%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate. The two prices were read 58 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica TSLA	376.49	0.0100	pay 0.0013% / 1h	18m 45s	$390K	$38K	10x
Short	Bybit TSLAUSDT	376.69	0	get 0.0000% / 8h	4h 18m	$10.3M	$15.4M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against Pacifica. 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 PacificabpFee BybitbpOrdersPrice spread, now +0.054%Rate

Funding earned: −$21
Price spread: +0.054% → +0.061%: −$0.73
Slippage, 4 orders: −$12.63
Fee Pacifica: 4 bp × 2 orders: −$8
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$53.36
Costs to cover: 0.316%
Break-even: never at this rate

Slippage from Pacifica: live order book, 40 min ago; Bybit: live order book, 5 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 Pacifica live order book, 40 min ago	1.46 bp	5.5 bp −$5	doesn't fit	doesn't fit	doesn't fit
Sell Bybit live order book, 5 min ago	0.26 bp	7.3 bp −$7	10.9 bp −$109	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	−0.0998%	4h	376.53	+0.012%	$398K	$1.0M	10x	as long as short
Aster TSLAUSDT	0.0000%	8h	376.71	+0.059%	$577K	$196K	50x	as long as short
Extended TSLA_24_5-USD	0.0000%	1h	376.50	+0.003%	$481K	$3.8M	10x	as long as short
Binance TSLAUSDT	0.0000%	8h	376.56	+0.019%	$47.3M	$111.1M	25x	as long as short
Bybit TSLAUSDTshort	0.0000%	8h	376.69	+0.054%	$10.3M	$15.4M	100x
OKX TSLA-USDT-SWAP	0.0000%	8h	376.53	+0.011%	$11.3M	$16.9M	25x	as long as short
RISEx TSLA/USDC	0.0000%	1h	376.70	+0.057%	$290K	$587K	20x	as long as short
Hotstuff TSLA-PERP	0.0000%	1h	376.38	−0.029%	$34K	—	20x	as long as short
Bitget TSLAUSDT	0.0000%	8h	376.59	+0.027%	$17.0M	$23.0M	100x	as long as short
Variational Omni TSLA	0.0000%	8h	376.67	+0.047%	$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	376.75	+0.069%	$200K	$906K	20x	as long as short
Deribit TSLA_USDC-PERPETUAL	0.0000%	1h	376.54	+0.014%	$20K	$189K	10x	as long as short
Phemex TSLAUSDT	0.0000%	4h	376.66	+0.046%	$1.1M	$14K	10x	as long as short
BloFin TSLA-USDT	+0.0004%	8h	376.67	+0.048%	$576K	$353K	20x	as long as short
Aftermath Perps TSLAUSD	+0.0016%	1h	376.49	+0.001%	$38K	$41K	10x	as long as short
Lighter TSLA	+0.0032%	1h	376.54	+0.014%	$815K	$3.6M	20x	as long as short
Lighter RH TSLA	+0.0032%	1h	376.54	+0.014%	$1.2M	$2.6M	20x	as long as short
QFEX TSLA-USD	+0.0038%	1h	376.65	+0.043%	$1.2M	$6.5M	10x	as long as short
Arcus TSLA-USD	+0.0040%	1h	376.49	0.000%	$140K	$96K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	376.65	+0.043%	—	$130K	25x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	376.35	−0.037%	$44.3M	$14.4M	20x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	376.47	−0.005%	$301K	$309K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	376.56	+0.019%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	376.30	−0.050%	$1.6M	$1.1M	10x	as long as short
Bullet TSLA-USD	+0.0054%	1h	376.67	+0.048%	$5K	$92K	10x	as long as short
GRVT TSLA_USDT_Perp	+0.0056%	8h	376.71	+0.059%	$854K	$2.8M	10x	as long as short
Coinbase International TSLA-PERP-INTX	+0.0056%	1h	376.45	−0.010%	$512K	$330K	10x	as long as short
Gate TSLA_USDT	+0.0079%	8h	376.64	+0.040%	$2.3M	$3.6M	100x	as long as short
Pacifica TSLAlong	+0.0100%	1h	376.49	long leg	$390K	$38K	10x
KuCoin TSLAUSDTM	+0.0100%	8h	376.53	+0.011%	$1.5M	$105K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	376.52	+0.008%	$4K	$61K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	376.64	+0.040%	$41K	$23K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	376.55	+0.017%	$746	—	10x	as long as short
Nado TSLA-PERP	+0.0144%	1h	376.52	+0.008%	$490K	$112K	20x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	377.69	+0.319%	$79K	$36K	30x	as long as short
Phoenix TSLA	+0.0255%	1h	376.85	+0.096%	$1.3M	$539K	20x	as long as short