Settings8H · net · $10k
Funding arb · Price arb /

TSLA

RWAall TSLA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0031%/8h= −3.4% APRnext payment $0.04 per $10,000 · paid last 24h −0.003%
Price spread now: QFEX against tradeXYZ+0.077%7-day average +0.033% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$28as in the Price arb table
costs, in and out, $10k−$320.324% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.028%−$3 on $10k
Price spread, last 7 days−0.064%−$6 · spread now +0.077%, 7d avg +0.033%
Together, before fees−0.093%+ Points / potential airdroptradeXYZ: Active · farm board−$9 on $10k · with fees, hour by hour
The price spread pays, funding is against you. QFEX is 0.044% dearer against tradeXYZ than usual: you sell high and buy low (spread +0.077% now, against its 7-day average of +0.033%): +$4 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 4.7 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongtradeXYZ xyz:TSLA376.960.0050pay 0.0006% / 1h21m 24s$44.3M$14.3M20x
ShortQFEX TSLA-USD377.250.0019get 0.0002% / 1h21m 24s$1.2M$6.6M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

QFEX 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

Funding earned
−$6.55
Price spread: +0.077% → +0.033%
$4.35
Slippage, 4 orders
−$4.36
Fee tradeXYZ: 9 bp × 2 orders
−$18
Fee QFEX: 5 bp × 2 orders
−$10
Net
−$34.56
Costs to cover
0.324%
Break-even
never at this rate
Slippage from tradeXYZ: live order book, 7 min ago; QFEX: live order book, 7 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy tradeXYZ live order book, 7 min ago0.53 bp10.0 bp −$1012.7 bp −$127doesn't fitdoesn't fit
Sell QFEX live order book, 7 min ago1.19 bp6.2 bp −$67.2 bp −$7212.9 bp −$1,294doesn't fit

TSLA on 36 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX TSLAUSDC−0.0959%4h377.25+0.077%$398K$1.0M10xas long as short
Hotstuff TSLA-PERP−0.0056%1h376.91−0.013%$34K20xas long as short
Aster TSLAUSDT0.0000%8h377.39+0.115%$578K$196K50xas long as short
Extended TSLA_24_5-USD0.0000%1h377.22+0.069%$480K$6.7M10xas long as short
Binance TSLAUSDT0.0000%8h377.32+0.096%$47.3M$110.7M25xas long as short
Bybit TSLAUSDT0.0000%8h377.40+0.117%$10.3M$15.4M100xas long as short
OKX TSLA-USDT-SWAP0.0000%8h377.31+0.093%$11.2M$16.9M25xas long as short
RISEx TSLA/USDC0.0000%1h377.34+0.101%$290K$587K20xas long as short
Bitget TSLAUSDT0.0000%8h377.25+0.077%$17.1M$22.9M100xas long as short
Variational Omni TSLA0.0000%8h377.27+0.082%$1.9M$1.4Mas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX TSLA-USD0.0000%1h377.34+0.101%$200K$909K20xas long as short
Coinbase International TSLA-PERP-INTX0.0000%1h377.12+0.042%$513K$330K10xas long as short
Phemex TSLAUSDT0.0000%4h377.29+0.088%$1.1M$14K10xas long as short
Aftermath Perps TSLAUSD+0.0012%1h377.13+0.045%$38K$43K10xas long as short
QFEX TSLA-USDshort+0.0019%1h377.25+0.077%$1.2M$6.6M10x
GRVT TSLA_USDT_Perp+0.0020%8h377.43+0.125%$846K$2.8M10xas long as short
BloFin TSLA-USDT+0.0022%8h377.35+0.103%$577K$353K20xas long as short
Lighter RH TSLA+0.0032%1h377.24+0.074%$1.2M$2.6M20xas long as short
Arcus TSLA-USD+0.0040%1h377.12+0.042%$162K$96K10xas long as short
Vest TSLA-USD-PERP+0.0046%1h377.18+0.058%$130K25xas long as short
tradeXYZ xyz:TSLAlong+0.0050%1h376.96long leg$44.3M$14.3M20x
Polymarket Perps TSLA-USD+0.0050%1h377.12+0.042%$301K$310K10xas long as short
SoDEX TSLA-USD+0.0050%1h377.25+0.077%$4K$3K10xas long as short
Ondo Perps TSLA-USD.P+0.0050%1h377.00+0.011%$1.6M$1.1M10xas long as short
Lighter TSLA+0.0056%1h377.26+0.080%$819K$3.6M20xas long as short
Bullet TSLA-USD+0.0082%1h377.31+0.093%$5K$92K10xas long as short
Pacifica TSLA+0.0100%1h377.21+0.066%$391K$37K10xas long as short
KuCoin TSLAUSDTM+0.0100%8h377.07+0.029%$1.5M$105K20xas long as short
ApeX Omni TSLAUSDT+0.0100%1h377.04+0.021%$4K$62K50xas long as short
Orderly PERP_TSLA_USDC+0.0100%8h377.23+0.072%$41K$23K20xas long as short
Aevo TSLA-PERP+0.0104%1h377.19+0.062%$74710xas long as short
Gate TSLA_USDT+0.0117%8h377.31+0.093%$2.3M$3.7M100xas long as short
Deribit TSLA_USDC-PERPETUAL+0.0121%1h377.14+0.048%$20K$188K10xas long as short
Nado TSLA-PERP+0.0154%1h377.07+0.029%$490K$112K20xas long as short
Injective TSLA/USDC PERP+0.0220%1h378.09+0.300%$79K$36K30xas long as short
Phoenix TSLA+0.0254%1h377.34+0.101%$1.3M$539K20xas long as short