Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0046%/8h= −5.0% APRpaid last 24h −0.005%

Price spread now: Variational Omni against Vest+0.024%7-day average +0.072% · you sell dearer than you buy

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

Long on Vest Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.039%−$4 on $10k

Price spread, last 4 days (all we have)+0.167%+$17 · spread now +0.024%, 7d avg +0.072%

Together, before fees+0.128%+ Points / potential airdropVest: Active · Variational Omni: Active · farm board+$13 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Variational Omni is 0.048% cheaper against Vest than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.072%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Vest TSLA-USD-PERP	376.31	0.0046	pay 0.0006% / 1h	52m 19s	—	$125K	25x
Short	Variational Omni TSLA	376.40	0	get 0.0000% / 8h	1h 52m	$1.9M	$1.3M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against Vest. 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 VestbpFee Variational OmnibpOrdersPrice spread, now +0.024%Rate

Funding earned: −$9.59
Price spread: +0.024% → +0.072%: −$4.8
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$16.4
Costs to cover: 0.020%
Break-even: never at this rate

Slippage unknown: Vest: no order-book sample; Variational Omni: RFQ quote, 2 min ago. 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 Vest no order-book sample	—	—	—	—	—
Sell Variational Omni RFQ quote, 2 min ago	2.01 bp	doesn't fit	6.6 bp −$66	doesn't fit	doesn't fit

Vest: 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	−0.0071%	4h	376.42	+0.029%	$398K	$1.0M	10x	as long as short
Aster TSLAUSDT	0.0000%	8h	376.40	+0.024%	$575K	$199K	50x	as long as short
Extended TSLA_24_5-USD	0.0000%	1h	376.27	−0.011%	$479K	$2.7M	10x	as long as short
Binance TSLAUSDT	0.0000%	8h	376.39	+0.021%	$47.2M	$113.4M	25x	as long as short
Bybit TSLAUSDT	0.0000%	8h	376.39	+0.021%	$10.2M	$15.4M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	376.31	0.000%	$11.2M	$17.0M	25x	as long as short
Bitget TSLAUSDT	0.0000%	8h	376.38	+0.019%	$17.1M	$22.8M	100x	as long as short
Variational Omni TSLAshort	0.0000%	8h	376.40	+0.024%	$1.9M	$1.3M	—
StandX TSLA-USD	0.0000%	1h	376.34	+0.008%	$200K	$917K	20x	as long as short
Phemex TSLAUSDT	0.0000%	4h	376.40	+0.024%	$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
Gate TSLA_USDT	+0.0006%	8h	376.42	+0.029%	$2.3M	$3.5M	100x	as long as short
BloFin TSLA-USDT	+0.0016%	8h	376.51	+0.053%	$577K	$356K	20x	as long as short
Aftermath Perps TSLAUSD	+0.0022%	1h	376.27	−0.011%	$38K	$39K	10x	as long as short
Lighter RH TSLA	+0.0032%	1h	376.23	−0.021%	$1.3M	$2.5M	20x	as long as short
Hotstuff TSLA-PERP	+0.0032%	1h	376.07	−0.064%	$34K	—	20x	as long as short
Arcus TSLA-USD	+0.0040%	1h	376.26	−0.013%	$135K	$108K	10x	as long as short
Vest TSLA-USD-PERPlong	+0.0046%	1h	376.31	long leg	—	$125K	25x
tradeXYZ xyz:TSLA	+0.0050%	1h	376.07	−0.064%	$44.6M	$14.8M	20x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	376.26	−0.013%	$301K	$307K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	376.28	−0.008%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	376.12	−0.050%	$1.6M	$1.1M	10x	as long as short
QFEX TSLA-USD	+0.0052%	1h	376.31	0.000%	$1.2M	$6.2M	10x	as long as short
Pacifica TSLA	+0.0100%	1h	376.13	−0.048%	$389K	$37K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	376.06	−0.066%	$1.5M	$107K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	376.22	−0.024%	$4K	$62K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	376.04	−0.072%	$41K	$23K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	376.32	+0.003%	$745	—	10x	as long as short
Lighter TSLA	+0.0136%	1h	376.27	−0.011%	$835K	$3.7M	20x	as long as short
Coinbase International TSLA-PERP-INTX	+0.0136%	1h	376.48	+0.045%	$508K	$347K	10x	as long as short
RISEx TSLA/USDC	+0.0138%	1h	376.43	+0.033%	$214K	$642K	20x	as long as short
GRVT TSLA_USDT_Perp	+0.0187%	8h	376.53	+0.059%	$852K	$2.8M	10x	as long as short
Bullet TSLA-USD	+0.0215%	1h	376.39	+0.021%	$5K	$90K	10x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	377.82	+0.401%	$79K	$36K	30x	as long as short
Nado TSLA-PERP	+0.0305%	1h	376.13	−0.047%	$489K	$111K	20x	as long as short
Phoenix TSLA	+0.0318%	1h	376.62	+0.082%	$1.3M	$528K	20x	as long as short
Deribit TSLA_USDC-PERPETUAL	+0.0415%	1h	376.24	−0.019%	$18K	$194K	10x	as long as short