Settings8H · net · $10k
Funding arb · Price arb /

TSLA

RWAall TSLA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0080%/8h= +8.8% APRpaid last 24h +0.011%
Price spread now: Coinbase International against Binance+0.104%53s7-day average −0.102% · you sell dearer than you buy
Net, funding: paid 7d − costs−$15as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$270.269% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.119%+$12 on $10k
Price spread, last 4 days (all we have)−0.138%−$14 · spread now +0.104%, 7d avg −0.102%
Together, before fees−0.019%−$2 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 Coinbase International is 0.207% dearer against Binance than usual: you sell high and buy low: +$21 more if the spread goes back to its 7-day average of −0.102%. The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance TSLAUSDT376.060get 0.0000% / 8h3h 49m$47.3M$111.0M25x
ShortCoinbase International TSLA-PERP-INTX376.450.0080get 0.0010% / 1h49m 27s$512K$330K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International 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

Funding earned
$16.8
Price spread: +0.104% → −0.102%
$20.69
Slippage, 4 orders
−$6.93
Fee Binance: 5 bp × 2 orders
−$10
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
$10.55
Costs to cover
0.269%
Break-even
2.6 days
Slippage from Binance: live order book, 8 min ago; Coinbase International: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 8 min ago0.13 bp5.4 bp −$58.4 bp −$8429.4 bp −$2,937doesn't fit
Sell Coinbase International live order book, 4 min ago2.26 bp8.0 bp −$810.7 bp −$107doesn't fitdoesn't fit

TSLA on 36 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX TSLAUSDC−0.0036%4h376.28+0.058%$398K$1.0M10xas long as short
BloFin TSLA-USDT0.0000%8h376.29+0.062%$577K$352K20xas long as short
Aster TSLAUSDT0.0000%8h376.09+0.009%$576K$195K50xas long as short
Extended TSLA_24_5-USD0.0000%1h375.96−0.026%$479K$2.7M10xas long as short
Binance TSLAUSDTlong0.0000%8h376.06long leg$47.3M$111.0M25x
Bybit TSLAUSDT0.0000%8h376.09+0.009%$10.3M$15.4M100xas long as short
OKX TSLA-USDT-SWAP0.0000%8h376.05−0.002%$11.2M$16.8M25xas long as short
RISEx TSLA/USDC0.0000%1h376.13+0.019%$289K$582K20xas long as short
Bitget TSLAUSDT0.0000%8h376.05−0.002%$17.0M$22.4M100xas long as short
Variational Omni TSLA0.0000%8h376.23+0.046%$1.9M$1.3Mas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX TSLA-USD0.0000%1h376.22+0.043%$200K$901K20xas long as short
Deribit TSLA_USDC-PERPETUAL0.0000%1h376.06+0.001%$20K$189K10xas long as short
Phemex TSLAUSDT0.0000%4h376.36+0.080%$1.1M$14K10xas long as short
Aftermath Perps TSLAUSD+0.0024%1h376.060.000%$38K$41K10xas long as short
Lighter TSLA+0.0032%1h376.03−0.007%$818K$3.6M20xas long as short
Lighter RH TSLA+0.0032%1h376.06+0.001%$1.2M$2.5M20xas long as short
QFEX TSLA-USD+0.0033%1h376.03−0.007%$1.2M$6.5M10xas long as short
tradeXYZ xyz:TSLA+0.0038%1h375.79−0.071%$44.4M$14.6M20xas long as short
Gate TSLA_USDT+0.0040%8h376.12+0.017%$2.3M$3.5M100xas long as short
Arcus TSLA-USD+0.0040%1h376.03−0.007%$133K$106K10xas long as short
Bullet TSLA-USD+0.0043%1h376.06+0.002%$5K$91K10xas long as short
Vest TSLA-USD-PERP+0.0046%1h376.05−0.002%$129K25xas long as short
Hotstuff TSLA-PERP+0.0048%1h375.91−0.039%$34K20xas long as short
Polymarket Perps TSLA-USD+0.0050%1h375.96−0.026%$300K$309K10xas long as short
SoDEX TSLA-USD+0.0050%1h376.08+0.006%$4K$3K10xas long as short
Ondo Perps TSLA-USD.P+0.0050%1h375.76−0.079%$1.6M$1.1M10xas long as short
GRVT TSLA_USDT_Perp+0.0057%8h376.39+0.089%$843K$2.8M10xas long as short
Coinbase International TSLA-PERP-INTXshort+0.0080%1h376.45+0.104%$512K$330K10x
Pacifica TSLA+0.0100%1h375.93−0.033%$390K$38K10xas long as short
KuCoin TSLAUSDTM+0.0100%8h375.96−0.026%$1.5M$105K20xas long as short
ApeX Omni TSLAUSDT+0.0100%1h376.18+0.033%$4K$62K50xas long as short
Orderly PERP_TSLA_USDC+0.0100%8h376.00−0.015%$41K$23K20xas long as short
Aevo TSLA-PERP+0.0104%1h376.13+0.018%$74510xas long as short
Nado TSLA-PERP+0.0188%1h375.91−0.038%$489K$112K20xas long as short
Injective TSLA/USDC PERP+0.0220%1h377.58+0.405%$78K$36K30xas long as short
Phoenix TSLA+0.0276%1h376.42+0.096%$1.3M$540K20xas long as short