Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0040%/8h= +4.4% APRpaid last 24h +0.041%

Price spread now: Arcus against Binance−0.085%7-day average −0.074% · you buy dearer than you sell

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

Net, price: spread back to 7d avg − costs−$33as in the Price arb table

costs, in and out, $10k−$320.320% of the position

Long on Binance Short on Arcus

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.079%+$8 on $10k

Price spread, last 4 days (all we have)−1.053%−$105 · spread now −0.085%, 7d avg −0.074%

Together, before fees−0.973%−$97 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.074%, 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	Binance TSLAUSDT	377.29	0	get 0.0000% / 8h	5h 31m	$47.4M	$110.4M	25x
Short	Arcus TSLA-USD	376.97	0.0040	get 0.0005% / 1h	31m 19s	$161K	$95K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Arcus against Binance. 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 BinancebpFee ArcusbpOrdersPrice spread, now −0.085%Rate

Funding earned: $8.46
Price spread: −0.085% → −0.074%: −$1.09
Slippage, 4 orders: −$17.5
Fee Binance: 5 bp × 2 orders: −$10
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Net: −$24.64
Costs to cover: 0.320%
Break-even: 27.4 days

Slippage from Binance: live order book, 12 min ago; Arcus: live order book, 32 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 Binance live order book, 12 min ago	0.13 bp	5.6 bp −$6	7.9 bp −$79	27.8 bp −$2,783	doesn't fit
Sell Arcus live order book, 32 min ago	0.93 bp	11.3 bp −$11	15.5 bp −$155	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	−0.0944%	4h	377.11	−0.048%	$398K	$1.0M	10x	as long as short
Hotstuff TSLA-PERP	−0.0032%	1h	376.86	−0.114%	$34K	—	20x	as long as short
Aster TSLAUSDT	0.0000%	8h	377.28	−0.002%	$578K	$196K	50x	as long as short
Extended TSLA_24_5-USD	0.0000%	1h	377.12	−0.045%	$480K	$7.2M	10x	as long as short
Binance TSLAUSDTlong	0.0000%	8h	377.29	long leg	$47.4M	$110.4M	25x
Bybit TSLAUSDT	0.0000%	8h	377.30	+0.003%	$10.3M	$15.4M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	377.25	−0.011%	$11.2M	$16.8M	25x	as long as short
RISEx TSLA/USDC	0.0000%	1h	377.26	−0.009%	$290K	$599K	20x	as long as short
Bitget TSLAUSDT	0.0000%	8h	377.19	−0.026%	$17.1M	$22.9M	100x	as long as short
Variational Omni TSLA	0.0000%	8h	377.08	−0.055%	$1.9M	$1.4M	—	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT TSLA_USDT_Perp	0.0000%	8h	377.27	−0.006%	$846K	$2.8M	10x	as long as short
StandX TSLA-USD	0.0000%	1h	377.18	−0.029%	$200K	$909K	20x	as long as short
Deribit TSLA_USDC-PERPETUAL	0.0000%	1h	377.04	−0.066%	$20K	$188K	10x	as long as short
Coinbase International TSLA-PERP-INTX	0.0000%	1h	377.33	+0.011%	$513K	$328K	10x	as long as short
Phemex TSLAUSDT	0.0000%	4h	377.24	−0.013%	$1.1M	$15K	10x	as long as short
BloFin TSLA-USDT	+0.0007%	8h	377.33	+0.011%	$577K	$340K	20x	as long as short
Aftermath Perps TSLAUSD	+0.0011%	1h	377.05	−0.064%	$38K	$43K	10x	as long as short
QFEX TSLA-USD	+0.0019%	1h	377.16	−0.034%	$1.2M	$6.6M	10x	as long as short
Lighter TSLA	+0.0032%	1h	377.19	−0.026%	$819K	$3.6M	20x	as long as short
Lighter RH TSLA	+0.0032%	1h	377.17	−0.032%	$1.2M	$2.6M	20x	as long as short
Arcus TSLA-USDshort	+0.0040%	1h	376.97	−0.085%	$161K	$95K	10x
Vest TSLA-USD-PERP	+0.0046%	1h	377.15	−0.037%	—	$130K	25x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	376.97	−0.085%	$44.3M	$14.3M	20x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	377.07	−0.058%	$301K	$310K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	377.14	−0.040%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	376.87	−0.111%	$1.5M	$1.1M	10x	as long as short
Bullet TSLA-USD	+0.0065%	1h	377.26	−0.007%	$5K	$92K	10x	as long as short
Pacifica TSLA	+0.0100%	1h	377.10	−0.050%	$390K	$37K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	377.10	−0.050%	$1.5M	$105K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	376.91	−0.101%	$4K	$62K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	377.17	−0.032%	$41K	$22K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	377.19	−0.027%	$747	—	10x	as long as short
Gate TSLA_USDT	+0.0109%	8h	377.24	−0.013%	$2.3M	$3.7M	100x	as long as short
Nado TSLA-PERP	+0.0143%	1h	377.03	−0.068%	$490K	$112K	20x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	378.09	+0.212%	$79K	$36K	30x	as long as short
Phoenix TSLA	+0.0254%	1h	377.28	−0.003%	$1.3M	$539K	20x	as long as short