Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.015%

Price spread now: SoDEX against Phemex−0.013%7-day average — · you buy dearer than you sell

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

Long on Phemex Short on SoDEX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Phemex TSLAUSDT	376.30	0	get 0.0000% / 4h	3h 05m	$1.1M	$14K	10x
Short	SoDEX TSLA-USD	376.25	0.0050	get 0.0006% / 1h	5m 42s	$4K	$3K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX against Phemex. 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 PhemexbpFee SoDEXbpOrdersPrice spread, now −0.013%Rate

Funding earned: $10.5
Price spread: −0.013% → 0.000%: −$1.33
Slippage, 4 orders: no order book: not counted
Fee Phemex: 6 bp × 2 orders: −$12
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$10.83
Costs to cover: 0.200%
Break-even: 14.2 days

Slippage unknown: Phemex: live order book, 2 min ago; SoDEX: no order-book sample. 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 Phemex live order book, 2 min ago	1.60 bp	36.2 bp −$36	doesn't fit	doesn't fit	doesn't fit
Sell SoDEX no order-book sample	—	—	—	—	—

SoDEX: 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	−0.0101%	4h	376.24	−0.016%	$398K	$1.0M	10x	as long as short
BloFin TSLA-USDT	−0.0025%	8h	376.26	−0.011%	$576K	$353K	20x	as long as short
Aster TSLAUSDT	0.0000%	8h	376.30	0.000%	$576K	$198K	50x	as long as short
Extended TSLA_24_5-USD	0.0000%	1h	376.15	−0.039%	$480K	$2.7M	10x	as long as short
Binance TSLAUSDT	0.0000%	8h	376.25	−0.013%	$47.0M	$112.4M	25x	as long as short
Bybit TSLAUSDT	0.0000%	8h	376.27	−0.008%	$10.3M	$15.4M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	376.17	−0.035%	$11.2M	$16.9M	25x	as long as short
RISEx TSLA/USDC	0.0000%	1h	376.24	−0.015%	$289K	$580K	20x	as long as short
Bitget TSLAUSDT	0.0000%	8h	376.23	−0.019%	$17.1M	$22.6M	100x	as long as short
Variational Omni TSLA	0.0000%	8h	376.30	0.000%	$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	376.29	−0.003%	$200K	$903K	20x	as long as short
Phemex TSLAUSDTlong	0.0000%	4h	376.30	long leg	$1.1M	$14K	10x
Hotstuff TSLA-PERP	+0.0008%	1h	375.89	−0.109%	$34K	—	20x	as long as short
Aftermath Perps TSLAUSD	+0.0019%	1h	376.13	−0.045%	$38K	$40K	10x	as long as short
Gate TSLA_USDT	+0.0025%	8h	376.24	−0.016%	$2.3M	$3.5M	100x	as long as short
Lighter RH TSLA	+0.0032%	1h	376.18	−0.032%	$1.2M	$2.5M	20x	as long as short
QFEX TSLA-USD	+0.0033%	1h	376.20	−0.027%	$1.2M	$6.2M	10x	as long as short
Arcus TSLA-USD	+0.0040%	1h	376.00	−0.080%	$133K	$106K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	376.11	−0.050%	—	$128K	25x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	375.93	−0.098%	$44.5M	$14.7M	20x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	376.15	−0.040%	$300K	$309K	10x	as long as short
SoDEX TSLA-USDshort	+0.0050%	1h	376.25	−0.013%	$4K	$3K	10x
Ondo Perps TSLA-USD.P	+0.0050%	1h	375.95	−0.093%	$1.6M	$1.1M	10x	as long as short
Lighter TSLA	+0.0072%	1h	376.18	−0.032%	$838K	$3.7M	20x	as long as short
Coinbase International TSLA-PERP-INTX	+0.0080%	1h	376.13	−0.045%	$511K	$337K	10x	as long as short
Pacifica TSLA	+0.0100%	1h	376.00	−0.080%	$390K	$37K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	376.07	−0.061%	$1.5M	$105K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	376.04	−0.069%	$4K	$62K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	376.32	+0.005%	$41K	$23K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	376.26	−0.012%	$745	—	10x	as long as short
GRVT TSLA_USDT_Perp	+0.0112%	8h	376.34	+0.012%	$844K	$2.8M	10x	as long as short
Bullet TSLA-USD	+0.0140%	1h	376.33	+0.009%	$4K	$90K	10x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	380.08	+1.005%	$79K	$36K	30x	as long as short
Nado TSLA-PERP	+0.0228%	1h	376.01	−0.078%	$489K	$112K	20x	as long as short
Phoenix TSLA	+0.0276%	1h	376.23	−0.019%	$1.3M	$540K	20x	as long as short
Deribit TSLA_USDC-PERPETUAL	+0.0442%	1h	376.24	−0.016%	$18K	$192K	10x	as long as short