Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0022%/8h= −2.4% APRpaid last 24h +0.043%

Price spread now: Gate against tradeXYZ+0.093%7-day average +0.097% · you sell dearer than you buy

Net, funding: paid 7d − costs−$43as in the Funding arb table

Net, price: spread back to 7d avg − costs−$46as in the Price arb table

costs, in and out, $10k−$460.459% of the position

Long on tradeXYZ Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days+0.028%+$3 on $10k

Price spread, last 7 days−0.018%−$2 · spread now +0.093%, 7d avg +0.097%

Together, before fees+0.009%+ Points / potential airdroptradeXYZ: Active · farm board+$1 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.097%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	tradeXYZ xyz:TSLA	375.65	0.0050	pay 0.0006% / 1h	38m 42s	$44.4M	$14.6M	20x
Short	Gate TSLA_USDT	376.00	0.0028	get 0.0028% / 8h	3h 38m	$2.3M	$3.5M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against tradeXYZ. 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 tradeXYZbpFee GatebpOrdersPrice spread, now +0.093%Rate

Funding earned: −$4.62
Price spread: +0.093% → +0.097%: −$0.36
Slippage, 4 orders: −$12.9
Fee tradeXYZ: 9 bp × 2 orders: −$18
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$50.88
Costs to cover: 0.459%
Break-even: never at this rate

Slippage from tradeXYZ: live order book, 11 min ago; Gate: live order book, 4 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 tradeXYZ live order book, 11 min ago	0.13 bp	9.9 bp −$10	11.9 bp −$119	doesn't fit	doesn't fit
Sell Gate live order book, 4 min ago	1.33 bp	12.8 bp −$13	23.1 bp −$231	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	−0.0495%	4h	376.08	+0.114%	$398K	$1.0M	10x	as long as short
BloFin TSLA-USDT	−0.0023%	8h	375.96	+0.083%	$575K	$352K	20x	as long as short
Aster TSLAUSDT	0.0000%	8h	375.99	+0.091%	$576K	$195K	50x	as long as short
Extended TSLA_24_5-USD	0.0000%	1h	375.89	+0.063%	$480K	$2.7M	10x	as long as short
Binance TSLAUSDT	0.0000%	8h	375.97	+0.085%	$47.3M	$111.2M	25x	as long as short
Bybit TSLAUSDT	0.0000%	8h	376.05	+0.106%	$10.2M	$15.4M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	375.94	+0.077%	$11.2M	$16.8M	25x	as long as short
RISEx TSLA/USDC	0.0000%	1h	376.01	+0.097%	$289K	$580K	20x	as long as short
Bitget TSLAUSDT	0.0000%	8h	375.89	+0.064%	$17.0M	$22.5M	100x	as long as short
Variational Omni TSLA	0.0000%	8h	376.02	+0.098%	$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	376.04	+0.104%	$200K	$897K	20x	as long as short
Phemex TSLAUSDT	0.0000%	4h	376.28	+0.168%	$1.1M	$14K	10x	as long as short
Aftermath Perps TSLAUSD	+0.0021%	1h	375.88	+0.060%	$38K	$41K	10x	as long as short
Gate TSLA_USDTshort	+0.0028%	8h	376.00	+0.093%	$2.3M	$3.5M	100x
Lighter TSLA	+0.0032%	1h	375.92	+0.072%	$818K	$3.6M	20x	as long as short
Lighter RH TSLA	+0.0032%	1h	375.93	+0.075%	$1.2M	$2.5M	20x	as long as short
QFEX TSLA-USD	+0.0033%	1h	375.95	+0.080%	$1.2M	$6.4M	10x	as long as short
Arcus TSLA-USD	+0.0040%	1h	375.79	+0.037%	$133K	$106K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	375.87	+0.059%	—	$129K	25x	as long as short
tradeXYZ xyz:TSLAlong	+0.0050%	1h	375.65	long leg	$44.4M	$14.6M	20x
Polymarket Perps TSLA-USD	+0.0050%	1h	375.76	+0.029%	$300K	$309K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	375.83	+0.048%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	375.67	+0.005%	$1.6M	$1.1M	10x	as long as short
Hotstuff TSLA-PERP	+0.0056%	1h	375.64	−0.003%	$34K	—	20x	as long as short
GRVT TSLA_USDT_Perp	+0.0065%	8h	376.04	+0.105%	$854K	$2.8M	10x	as long as short
Deribit TSLA_USDC-PERPETUAL	+0.0069%	1h	375.88	+0.061%	$20K	$189K	10x	as long as short
Coinbase International TSLA-PERP-INTX	+0.0080%	1h	376.45	+0.213%	$512K	$330K	10x	as long as short
Bullet TSLA-USD	+0.0097%	1h	375.98	+0.088%	$5K	$90K	10x	as long as short
Pacifica TSLA	+0.0100%	1h	375.79	+0.036%	$390K	$38K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	375.81	+0.043%	$1.5M	$105K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	376.10	+0.120%	$4K	$62K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	375.71	+0.016%	$41K	$23K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	375.88	+0.062%	$744	—	10x	as long as short
Nado TSLA-PERP	+0.0212%	1h	375.81	+0.042%	$489K	$112K	20x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	380.00	+1.158%	$79K	$36K	30x	as long as short
Phoenix TSLA	+0.0276%	1h	376.25	+0.160%	$1.3M	$540K	20x	as long as short