Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0085%/8h= −9.3% APRpaid last 24h +0.042%

Price spread now: Gate against RISEx−0.017%7-day average +0.005% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$39as in the Price arb table

costs, in and out, $10k−$370.366% of the position

Long on RISEx Short on Gate

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.038%+$4 on $10k

Price spread, last 4 days (all we have)+0.038%+$4 · spread now −0.017%, 7d avg +0.005%

Together, before fees+0.077%+$8 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Gate is 0.023% cheaper against RISEx than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of +0.005%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	RISEx TSLA/USDC	375.76	0.0085	pay 0.0011% / 1h	36m 26s	$260K	$574K	20x
Short	Gate TSLA_USDT	375.70	0	get 0.0000% / 8h	36m 26s	$2.3M	$4.1M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against RISEx. 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 RISExbpFee GatebpOrdersPrice spread, now −0.017%Rate

Funding earned: −$17.78
Price spread: −0.017% → +0.005%: −$2.27
Slippage, 4 orders: −$15.59
Fee RISEx: 3 bp × 2 orders: −$6
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$56.64
Costs to cover: 0.366%
Break-even: never at this rate

Slippage from RISEx: live order book, 42 min ago; Gate: live order book, 2 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 RISEx live order book, 42 min ago	0.80 bp	3.8 bp −$4	4.4 bp −$44	doesn't fit	doesn't fit
Sell Gate live order book, 2 min ago	2.26 bp	12.2 bp −$12	24.2 bp −$242	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	−0.0279%	4h	375.57	−0.051%	$397K	$1.0M	10x	as long as short
Aster TSLAUSDT	0.0000%	8h	375.47	−0.078%	$584K	$191K	50x	as long as short
Extended TSLA_24_5-USD	0.0000%	1h	375.61	−0.042%	$478K	$10.6M	10x	as long as short
Binance TSLAUSDT	0.0000%	8h	375.65	−0.031%	$46.9M	$110.0M	25x	as long as short
Bybit TSLAUSDT	0.0000%	8h	375.83	+0.017%	$10.2M	$15.4M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	375.72	−0.012%	$11.2M	$16.8M	25x	as long as short
Gate TSLA_USDTshort	0.0000%	8h	375.70	−0.017%	$2.3M	$4.1M	100x
Bitget TSLAUSDT	0.0000%	8h	375.63	−0.036%	$16.7M	$22.6M	100x	as long as short
Variational Omni TSLA	0.0000%	8h	375.61	−0.042%	$1.9M	$1.2M	—	as long as short
StandX TSLA-USD	0.0000%	1h	375.67	−0.025%	$199K	$897K	20x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bullet TSLA-USD	0.0000%	1h	375.70	−0.017%	$5K	$91K	10x	as long as short
Deribit TSLA_USDC-PERPETUAL	0.0000%	1h	375.56	−0.055%	$20K	$187K	10x	as long as short
Phemex TSLAUSDT	0.0000%	4h	375.63	−0.036%	$1.1M	$13K	10x	as long as short
BloFin TSLA-USDT	+0.0009%	8h	375.72	−0.012%	$570K	$341K	20x	as long as short
Aftermath Perps TSLAUSD	+0.0009%	1h	375.41	−0.093%	$38K	$48K	10x	as long as short
QFEX TSLA-USD	+0.0031%	1h	375.61	−0.041%	$1.2M	$7.2M	10x	as long as short
Lighter TSLA	+0.0032%	1h	375.67	−0.025%	$651K	$3.3M	20x	as long as short
Lighter RH TSLA	+0.0032%	1h	375.68	−0.023%	$1.2M	$2.6M	20x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	375.70	−0.017%	—	$133K	25x	as long as short
Nado TSLA-PERP	+0.0050%	1h	375.62	−0.039%	$495K	$109K	20x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	375.46	−0.081%	$44.2M	$14.7M	20x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	375.60	−0.044%	$297K	$292K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	375.60	−0.044%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	375.34	−0.113%	$1.6M	$1.0M	10x	as long as short
Arcus TSLA-USD	+0.0083%	1h	375.52	−0.065%	$165K	$96K	10x	as long as short
RISEx TSLA/USDClong	+0.0085%	1h	375.76	long leg	$260K	$574K	20x
Pacifica TSLA	+0.0100%	1h	375.55	−0.056%	$389K	$38K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	375.50	−0.071%	$1.5M	$160K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	375.40	−0.097%	$4K	$62K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	375.59	−0.047%	$41K	$21K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	375.64	−0.034%	$744	—	10x	as long as short
Hotstuff TSLA-PERP	+0.0112%	1h	375.48	−0.076%	$34K	—	20x	as long as short
Coinbase International TSLA-PERP-INTX	+0.0120%	1h	375.11	−0.174%	$529K	$328K	10x	as long as short
GRVT TSLA_USDT_Perp	+0.0131%	8h	375.66	−0.028%	$842K	$2.7M	10x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	376.46	+0.185%	$78K	$36K	30x	as long as short
Phoenix TSLA	+0.0362%	1h	375.69	−0.020%	$1.3M	$547K	20x	as long as short