Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.008%

Price spread now: Variational Omni against Phemex−0.011%7-day average −0.006% · you buy dearer than you sell

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

Long on Phemex Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.008%+$1 on $10k

Price spread, last 4 days (all we have)+0.014%+$1 · spread now −0.011%, 7d avg −0.006%

Together, before fees+0.022%+ Points / potential airdropVariational Omni: Active · farm board+$2 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Phemex TSLAUSDT	376.01	0	get 0.0000% / 4h	58m 26s	$1.1M	$14K	10x
Short	Variational Omni TSLA	375.97	0	get 0.0000% / 8h	58m 26s	$1.9M	$1.3M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni 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 Variational OmnibpOrdersPrice spread, now −0.011%Rate

Funding earned: $0
Price spread: −0.011% → −0.006%: −$0.52
Slippage, 4 orders: no order book: not counted
Fee Phemex: 6 bp × 2 orders: −$12
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$12.52
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: Phemex: live order book, 4 min ago; Variational Omni: RFQ quote, 1 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 Phemex live order book, 4 min ago	1.46 bp	32.6 bp −$33	doesn't fit	doesn't fit	doesn't fit
Sell Variational Omni RFQ quote, 1 min ago	2.01 bp	doesn't fit	4.8 bp −$48	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	−0.0308%	4h	375.98	−0.009%	$398K	$1.0M	10x	as long as short
Aster TSLAUSDT	0.0000%	8h	376.03	+0.005%	$574K	$200K	50x	as long as short
Bybit TSLAUSDT	0.0000%	8h	376.00	−0.003%	$10.2M	$15.3M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	375.97	−0.011%	$11.2M	$16.9M	25x	as long as short
Gate TSLA_USDT	0.0000%	8h	376.05	+0.011%	$2.3M	$3.4M	100x	as long as short
Bitget TSLAUSDT	0.0000%	8h	375.94	−0.019%	$17.2M	$22.9M	100x	as long as short
Variational Omni TSLAshort	0.0000%	8h	375.97	−0.011%	$1.9M	$1.3M	—
StandX TSLA-USD	0.0000%	1h	376.08	+0.019%	$200K	$918K	20x	as long as short
Phemex TSLAUSDTlong	0.0000%	4h	376.01	long leg	$1.1M	$14K	10x
Extended TSLA_24_5-USD	+0.0024%	1h	375.94	−0.017%	$480K	$2.8M	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance TSLAUSDT	+0.0028%	8h	376.06	+0.013%	$47.1M	$113.3M	25x	as long as short
Aftermath Perps TSLAUSD	+0.0030%	1h	375.77	−0.063%	$38K	$38K	10x	as long as short
Lighter RH TSLA	+0.0032%	1h	375.94	−0.019%	$1.3M	$2.5M	20x	as long as short
BloFin TSLA-USDT	+0.0040%	8h	376.09	+0.021%	$577K	$355K	20x	as long as short
Arcus TSLA-USD	+0.0040%	1h	375.81	−0.053%	$135K	$108K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	375.92	−0.024%	—	$119K	25x	as long as short
Hotstuff TSLA-PERP	+0.0048%	1h	375.75	−0.069%	$34K	—	20x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	375.75	−0.069%	$44.6M	$14.8M	20x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	375.78	−0.061%	$300K	$304K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	375.65	−0.096%	$1.6M	$1.1M	10x	as long as short
QFEX TSLA-USD	+0.0052%	1h	375.95	−0.016%	$1.2M	$6.2M	10x	as long as short
SoDEX TSLA-USD	+0.0052%	1h	375.99	−0.005%	$4K	$3K	10x	as long as short
Pacifica TSLA	+0.0100%	1h	375.67	−0.091%	$389K	$37K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	375.82	−0.051%	$1.5M	$334K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	375.66	−0.093%	$4K	$61K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	375.87	−0.037%	$41K	$23K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	375.98	−0.008%	$744	—	10x	as long as short
Coinbase International TSLA-PERP-INTX	+0.0176%	1h	375.69	−0.085%	$505K	$350K	10x	as long as short
Lighter TSLA	+0.0192%	1h	375.96	−0.013%	$821K	$3.7M	20x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	379.54	+0.939%	$79K	$36K	30x	as long as short
GRVT TSLA_USDT_Perp	+0.0245%	8h	376.09	+0.022%	$849K	$2.8M	10x	as long as short
RISEx TSLA/USDC	+0.0257%	1h	376.09	+0.021%	$214K	$643K	20x	as long as short
Nado TSLA-PERP	+0.0298%	1h	375.70	−0.081%	$488K	$111K	20x	as long as short
Bullet TSLA-USD	+0.0311%	1h	376.06	+0.013%	$6K	$90K	10x	as long as short
Phoenix TSLA	+0.0318%	1h	375.90	−0.029%	$1.3M	$525K	20x	as long as short
Deribit TSLA_USDC-PERPETUAL	+0.0415%	1h	376.00	−0.003%	$18K	$194K	10x	as long as short