Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.013%

Price spread now: KuCoin against RISEx−0.036%7-day average −0.056% · 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−$63as in the Price arb table

costs, in and out, $10k−$650.649% of the position

Long on RISEx Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.031%+$3 on $10k

Price spread, last 4 days (all we have)+0.002%$0 · spread now −0.036%, 7d avg −0.056%

Together, before fees+0.033%+$3 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.056%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	RISEx TSLA/USDC	377.43	0	get 0.0000% / 1h	13m 28s	$290K	$599K	20x
Short	KuCoin TSLAUSDTM	377.29	0.0100	get 0.0100% / 8h	6h 13m	$1.5M	$105K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now −0.036%Rate

Funding earned: $21
Price spread: −0.036% → −0.056%: $1.98
Slippage, 4 orders: −$46.92
Fee RISEx: 3 bp × 2 orders: −$6
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$41.94
Costs to cover: 0.649%
Break-even: 21.0 days

Slippage from RISEx: live order book, 55 min ago; KuCoin: 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, 55 min ago	1.73 bp	4.7 bp −$5	5.1 bp −$51	doesn't fit	doesn't fit
Sell KuCoin live order book, 2 min ago	2.65 bp	28.0 bp −$28	doesn't fit	doesn't fit	doesn't fit

TSLA on 35 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	−0.0129%	4h	377.40	−0.008%	$399K	$1.0M	10x	as long as short
Coinbase International TSLA-PERP-INTX	−0.0016%	1h	377.33	−0.026%	$513K	$328K	10x	as long as short
Aster TSLAUSDT	0.0000%	8h	377.31	−0.031%	$578K	$196K	50x	as long as short
Extended TSLA_24_5-USD	0.0000%	1h	377.28	−0.038%	$481K	$9.1M	10x	as long as short
Binance TSLAUSDT	0.0000%	8h	377.36	−0.017%	$47.4M	$110.6M	25x	as long as short
Bybit TSLAUSDT	0.0000%	8h	377.49	+0.017%	$10.3M	$15.5M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	377.31	−0.031%	$11.2M	$16.8M	25x	as long as short
RISEx TSLA/USDClong	0.0000%	1h	377.43	long leg	$290K	$599K	20x
Variational Omni TSLA	0.0000%	8h	377.41	−0.006%	$1.9M	$1.4M	—	as long as short
GRVT TSLA_USDT_Perp	0.0000%	8h	377.53	+0.027%	$852K	$2.8M	10x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
StandX TSLA-USD	0.0000%	1h	377.40	−0.007%	$200K	$909K	20x	as long as short
Bullet TSLA-USD	0.0000%	1h	377.37	−0.014%	$5K	$92K	10x	as long as short
Deribit TSLA_USDC-PERPETUAL	0.0000%	1h	377.22	−0.055%	$20K	$187K	10x	as long as short
Phemex TSLAUSDT	0.0000%	4h	377.43	+0.001%	$1.1M	$15K	10x	as long as short
Bitget TSLAUSDT	+0.0003%	8h	377.28	−0.039%	$17.0M	$22.9M	100x	as long as short
Aftermath Perps TSLAUSD	+0.0007%	1h	377.27	−0.041%	$38K	$45K	10x	as long as short
QFEX TSLA-USD	+0.0023%	1h	377.29	−0.036%	$1.2M	$6.7M	10x	as long as short
Lighter TSLA	+0.0032%	1h	377.32	−0.028%	$824K	$3.6M	20x	as long as short
Lighter RH TSLA	+0.0032%	1h	377.35	−0.020%	$1.2M	$2.6M	20x	as long as short
Arcus TSLA-USD	+0.0040%	1h	377.26	−0.044%	$163K	$93K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	377.43	+0.001%	—	$130K	25x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	377.09	−0.089%	$44.3M	$14.2M	20x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	377.19	−0.063%	$301K	$311K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	377.27	−0.042%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	377.23	−0.052%	$1.5M	$1.1M	10x	as long as short
Gate TSLA_USDT	+0.0052%	8h	377.35	−0.020%	$2.3M	$3.8M	100x	as long as short
Hotstuff TSLA-PERP	+0.0064%	1h	377.08	−0.092%	$34K	—	20x	as long as short
Nado TSLA-PERP	+0.0098%	1h	377.24	−0.048%	$491K	$112K	20x	as long as short
Pacifica TSLA	+0.0100%	1h	377.25	−0.047%	$391K	$37K	10x	as long as short
KuCoin TSLAUSDTMshort	+0.0100%	8h	377.29	−0.036%	$1.5M	$105K	20x
ApeX Omni TSLAUSDT	+0.0100%	1h	377.35	−0.020%	$4K	$61K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	377.31	−0.031%	$41K	$20K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	377.28	−0.040%	$747	—	10x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	378.46	+0.274%	$79K	$36K	30x	as long as short
Phoenix TSLA	+0.0255%	1h	377.48	+0.014%	$1.3M	$539K	20x	as long as short