Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0189%/8h= +20.7% APRpaid last 24h +0.017%

Price spread now: Bullet against Binance+0.031%7-day average — · you sell dearer than you buy

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

Long on Binance Short on Bullet

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Bullet is 0.031% dearer against Binance than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance TSLAUSDT	376.04	0	get 0.0000% / 8h	2h 34m	$47.0M	$112.7M	25x
Short	Bullet TSLA-USD	376.16	0.0189	get 0.0024% / 1h	34m 42s	$5K	$89K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bullet 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 BulletbpOrdersPrice spread, now +0.031%Rate

Funding earned: $39.68
Price spread: +0.031% → 0.000%: $3.15
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee Bullet: 4 bp × 2 orders: −$8
Net: $24.83
Costs to cover: 0.180%
Break-even: 2.6 days

Slippage unknown: Binance: live order book, 8 min ago; Bullet: 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 Binance live order book, 8 min ago	0.13 bp	5.2 bp −$5	8.6 bp −$86	30.4 bp −$3,040	doesn't fit
Sell Bullet no order-book sample	—	—	—	—	—

Bullet: 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	−0.0613%	4h	376.05	+0.003%	$398K	$1.0M	10x	as long as short
Hotstuff TSLA-PERP	−0.0088%	1h	375.74	−0.080%	$34K	—	20x	as long as short
Aster TSLAUSDT	0.0000%	8h	376.17	+0.034%	$575K	$198K	50x	as long as short
Extended TSLA_24_5-USD	0.0000%	1h	375.92	−0.032%	$479K	$2.7M	10x	as long as short
Binance TSLAUSDTlong	0.0000%	8h	376.04	long leg	$47.0M	$112.7M	25x
Bybit TSLAUSDT	0.0000%	8h	375.91	−0.035%	$10.2M	$15.4M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	375.89	−0.040%	$11.2M	$16.9M	25x	as long as short
Bitget TSLAUSDT	0.0000%	8h	375.98	−0.016%	$17.1M	$22.7M	100x	as long as short
Variational Omni TSLA	0.0000%	8h	376.08	+0.010%	$1.9M	$1.3M	—	as long as short
StandX TSLA-USD	0.0000%	1h	376.13	+0.024%	$200K	$917K	20x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex TSLAUSDT	0.0000%	4h	376.10	+0.016%	$1.1M	$14K	10x	as long as short
Gate TSLA_USDT	+0.0017%	8h	376.02	−0.005%	$2.3M	$3.5M	100x	as long as short
BloFin TSLA-USDT	+0.0017%	8h	376.13	+0.024%	$577K	$354K	20x	as long as short
Aftermath Perps TSLAUSD	+0.0023%	1h	375.95	−0.024%	$38K	$39K	10x	as long as short
Lighter RH TSLA	+0.0032%	1h	375.90	−0.037%	$1.2M	$2.6M	20x	as long as short
Arcus TSLA-USD	+0.0040%	1h	375.78	−0.069%	$135K	$107K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	376.00	−0.011%	—	$128K	25x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	375.70	−0.090%	$44.5M	$14.7M	20x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	375.93	−0.029%	$300K	$307K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	376.06	+0.005%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	375.67	−0.098%	$1.6M	$1.1M	10x	as long as short
QFEX TSLA-USD	+0.0052%	1h	376.11	+0.019%	$1.2M	$6.2M	10x	as long as short
RISEx TSLA/USDC	+0.0054%	1h	376.11	+0.019%	$289K	$580K	20x	as long as short
Pacifica TSLA	+0.0100%	1h	375.82	−0.059%	$390K	$37K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	375.83	−0.056%	$1.5M	$105K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	375.76	−0.074%	$4K	$62K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	376.11	+0.019%	$41K	$23K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	376.11	+0.018%	$745	—	10x	as long as short
Coinbase International TSLA-PERP-INTX	+0.0112%	1h	376.13	+0.024%	$511K	$337K	10x	as long as short
Lighter TSLA	+0.0152%	1h	375.93	−0.029%	$832K	$3.7M	20x	as long as short
GRVT TSLA_USDT_Perp	+0.0155%	8h	376.12	+0.023%	$842K	$2.8M	10x	as long as short
Bullet TSLA-USDshort	+0.0189%	1h	376.16	+0.031%	$5K	$89K	10x
Injective TSLA/USDC PERP	+0.0220%	1h	379.63	+0.955%	$79K	$36K	30x	as long as short
Nado TSLA-PERP	+0.0268%	1h	375.77	−0.072%	$489K	$112K	20x	as long as short
Phoenix TSLA	+0.0298%	1h	376.10	+0.016%	$1.3M	$528K	20x	as long as short
Deribit TSLA_USDC-PERPETUAL	+0.0628%	1h	376.04	0.000%	$18K	$193K	10x	as long as short