Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.007%

Price spread now: Ondo Perps against Variational Omni−0.069%7-day average −0.096% · you buy dearer than you sell

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

Long on Variational Omni Short on Ondo Perps

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.041%+$4 on $10k

Price spread, last 7 days−0.027%−$3 · spread now −0.069%, 7d avg −0.096%

Together, before fees+0.014%+ Points / potential airdropVariational Omni: Active · Ondo Perps: Active · farm board+$1 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Ondo Perps is 0.028% dearer against Variational Omni than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.096%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni TSLA	376.20	0	get 0.0000% / 8h	2h 47m	$1.9M	$1.3M	—
Short	Ondo Perps TSLA-USD.P	375.94	0.0050	get 0.0006% / 1h	47m 30s	$1.6M	$1.1M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Ondo Perps against Variational Omni. 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 Variational OmnibpFee Ondo PerpsbpOrdersPrice spread, now −0.069%Rate

Funding earned: $10.58
Price spread: −0.069% → −0.096%: $2.76
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Net: $8.34
Costs to cover: 0.050%
Break-even: 1.5 days

Slippage unknown: Variational Omni: RFQ quote, 2 min ago; Ondo Perps: no order-book sample. 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 Variational Omni RFQ quote, 2 min ago	2.01 bp	doesn't fit	10.1 bp −$101	doesn't fit	doesn't fit
Sell Ondo Perps no order-book sample	—	—	—	—	—

Ondo Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	−0.0899%	4h	376.13	−0.019%	$398K	$1.0M	10x	as long as short
Aster TSLAUSDT	0.0000%	8h	376.33	+0.036%	$576K	$198K	50x	as long as short
Extended TSLA_24_5-USD	0.0000%	1h	376.14	−0.016%	$479K	$2.7M	10x	as long as short
Binance TSLAUSDT	0.0000%	8h	376.24	+0.011%	$47.0M	$112.5M	25x	as long as short
Bybit TSLAUSDT	0.0000%	8h	376.17	−0.008%	$10.2M	$15.3M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	376.17	−0.008%	$11.2M	$16.9M	25x	as long as short
Bitget TSLAUSDT	0.0000%	8h	376.20	0.000%	$17.1M	$22.7M	100x	as long as short
Variational Omni TSLAlong	0.0000%	8h	376.20	long leg	$1.9M	$1.3M	—
StandX TSLA-USD	0.0000%	1h	376.26	+0.016%	$200K	$917K	20x	as long as short
Phemex TSLAUSDT	0.0000%	4h	376.19	−0.002%	$1.1M	$14K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin TSLA-USDT	+0.0005%	8h	376.21	+0.003%	$577K	$353K	20x	as long as short
Deribit TSLA_USDC-PERPETUAL	+0.0016%	1h	376.10	−0.026%	$18K	$193K	10x	as long as short
Aftermath Perps TSLAUSD	+0.0020%	1h	376.00	−0.054%	$38K	$40K	10x	as long as short
Gate TSLA_USDT	+0.0023%	8h	376.25	+0.014%	$2.3M	$3.5M	100x	as long as short
Lighter RH TSLA	+0.0032%	1h	376.16	−0.010%	$1.2M	$2.5M	20x	as long as short
Arcus TSLA-USD	+0.0040%	1h	375.91	−0.077%	$135K	$107K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	376.14	−0.016%	—	$128K	25x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	375.93	−0.072%	$44.5M	$14.7M	20x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	376.06	−0.037%	$300K	$309K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	376.16	−0.010%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.Pshort	+0.0050%	1h	375.94	−0.069%	$1.6M	$1.1M	10x
QFEX TSLA-USD	+0.0052%	1h	376.22	+0.006%	$1.3M	$6.2M	10x	as long as short
RISEx TSLA/USDC	+0.0054%	1h	376.24	+0.011%	$289K	$580K	20x	as long as short
Pacifica TSLA	+0.0100%	1h	375.96	−0.063%	$390K	$37K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	376.01	−0.050%	$1.5M	$105K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	375.94	−0.069%	$4K	$62K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	376.21	+0.003%	$41K	$23K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	376.15	−0.012%	$745	—	10x	as long as short
Hotstuff TSLA-PERP	+0.0112%	1h	375.93	−0.072%	$34K	—	20x	as long as short
Coinbase International TSLA-PERP-INTX	+0.0112%	1h	376.13	−0.018%	$511K	$337K	10x	as long as short
GRVT TSLA_USDT_Perp	+0.0141%	8h	376.33	+0.035%	$844K	$2.8M	10x	as long as short
Lighter TSLA	+0.0152%	1h	376.19	−0.002%	$842K	$3.6M	20x	as long as short
Bullet TSLA-USD	+0.0207%	1h	376.26	+0.016%	$4K	$90K	10x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	377.15	+0.253%	$78K	$36K	30x	as long as short
Nado TSLA-PERP	+0.0277%	1h	376.03	−0.046%	$489K	$112K	20x	as long as short
Phoenix TSLA	+0.0298%	1h	376.27	+0.019%	$1.3M	$528K	20x	as long as short