Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC+0.0160%/8h= +17.5% APRpaid last 24h −0.037%

Price spread now: Binance against Arcus+0.040%7-day average +0.073% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$30as in the Price arb table

costs, in and out, $10k−$270.270% of the position

Long on Arcus Short on Binance

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.074%−$7 on $10k

Price spread, last 4 days (all we have)−0.065%−$7 · spread now +0.040%, 7d avg +0.073%

Together, before fees−0.139%−$14 on $10k · with fees, hour by hour

Funding pays, the price is against you. Binance is 0.034% cheaper against Arcus than usual: you would sell low and buy high (spread +0.040% now, against its 7-day average of +0.073%). If the spread goes back, that is −$3 on $10k: about 17 hours of funding at the current rate (+$5 a day). Mind the row above: over the last 4 days funding on this pair cost −0.074%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Arcus TSLA-USD	376.56	0.0040	pay 0.0005% / 1h	20m 16s	$132K	$85K	10x
Short	Binance TSLAUSDT	376.71	0.0200	get 0.0200% / 8h	6h 20m	$47.2M	$115.3M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Arcus. 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 ArcusbpFee BinancebpOrdersPrice spread, now +0.040%Rate

Funding earned: $33.59
Price spread: +0.040% → +0.073%: −$3.36
Slippage, 4 orders: −$12.45
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Fee Binance: 5 bp × 2 orders: −$10
Net: $3.27
Costs to cover: 0.270%
Break-even: 6.3 days

Slippage from Arcus: live order book, 30 min ago; Binance: live order book, 1 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 Arcus live order book, 30 min ago	3.85 bp	8.4 bp −$8	10.9 bp −$109	doesn't fit	doesn't fit
Sell Binance live order book, 1 min ago	0.13 bp	6.5 bp −$6	9.1 bp −$91	26.5 bp −$2,653	doesn't fit

TSLA on 36 exchanges

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	−0.0397%	4h	376.82	+0.069%	$396K	$1.0M	10x	as long as short
Hotstuff TSLA-PERP	−0.0040%	1h	376.43	−0.035%	$34K	—	20x	as long as short
Bybit TSLAUSDT	0.0000%	8h	376.74	+0.048%	$10.1M	$14.0M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	376.76	+0.053%	$11.3M	$15.8M	25x	as long as short
Gate TSLA_USDT	0.0000%	8h	376.82	+0.069%	$2.3M	$3.2M	100x	as long as short
Bitget TSLAUSDT	0.0000%	8h	376.66	+0.027%	$17.2M	$23.7M	100x	as long as short
StandX TSLA-USD	0.0000%	1h	376.55	−0.003%	$200K	$958K	20x	as long as short
Phemex TSLAUSDT	0.0000%	4h	376.69	+0.035%	$1.1M	$14K	10x	as long as short
Aftermath Perps TSLAUSD	+0.0023%	1h	376.59	+0.007%	$38K	$36K	10x	as long as short
Lighter RH TSLA	+0.0032%	1h	376.58	+0.005%	$1.2M	$2.5M	20x	as long as short

Show all 36 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Arcus TSLA-USDlong	+0.0040%	1h	376.56	long leg	$132K	$85K	10x
Vest TSLA-USD-PERP	+0.0046%	1h	376.64	+0.021%	—	$126K	25x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	376.47	−0.024%	$44.7M	$14.8M	20x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	376.48	−0.021%	$300K	$144K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	376.64	+0.021%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	376.47	−0.024%	$1.5M	$1.1M	10x	as long as short
QFEX TSLA-USD	+0.0053%	1h	376.69	+0.035%	$1.3M	$6.2M	10x	as long as short
Lighter TSLA	+0.0088%	1h	376.61	+0.013%	$805K	$3.7M	20x	as long as short
Pacifica TSLA	+0.0100%	1h	376.40	−0.042%	$390K	$36K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	376.46	−0.027%	$1.4M	$3.3M	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	376.63	+0.019%	$4K	$61K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	376.50	−0.016%	$41K	$25K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	376.77	+0.055%	$746	—	10x	as long as short
Coinbase International TSLA-PERP-INTX	+0.0120%	1h	376.58	+0.005%	$517K	$387K	10x	as long as short
Aster TSLAUSDT	+0.0143%	8h	376.81	+0.066%	$575K	$190K	50x	as long as short
RISEx TSLA/USDC	+0.0175%	1h	376.82	+0.070%	$216K	$651K	20x	as long as short
Variational Omni TSLA	+0.0180%	8h	376.75	+0.050%	$1.7M	$1.5M	—	as long as short
Bullet TSLA-USD	+0.0197%	1h	376.78	+0.058%	$5K	$93K	10x	as long as short
Extended TSLA_24_5-USD	+0.0200%	1h	376.69	+0.033%	$484K	$2.7M	10x	as long as short
Binance TSLAUSDTshort	+0.0200%	8h	376.71	+0.040%	$47.2M	$115.3M	25x
BloFin TSLA-USDT	+0.0205%	8h	376.85	+0.077%	$584K	$367K	20x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	377.30	+0.197%	$76K	$39K	30x	as long as short
Deribit TSLA_USDC-PERPETUAL	+0.0228%	1h	376.59	+0.008%	$18K	$191K	10x	as long as short
Nado TSLA-PERP	+0.0231%	1h	376.49	−0.019%	$499K	$104K	20x	as long as short
Phoenix TSLA	+0.0297%	1h	376.78	+0.058%	$1.3M	$502K	20x	as long as short
GRVT TSLA_USDT_Perp	+0.0719%	8h	376.84	+0.074%	$849K	$2.9M	10x	as long as short