Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.1684%/8h= −184.4% APRpaid last 24h −0.070%

Price spread now: Hotstuff against Binance−0.152%7-day average — · you buy dearer than you sell

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

Long on Binance Short on Hotstuff

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

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

Together, before fees—+ Points / potential airdropHotstuff: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$51 a day on $10k at the current rate, and Hotstuff is 0.152% cheaper against Binance than usual: you would sell low and buy high (−$15 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance TSLAUSDT	376.40	0.0084	pay 0.0084% / 8h	7h 11m	$47.2M	$115.3M	25x
Short	Hotstuff TSLA-PERP	375.83	−0.1600	pay 0.0200% / 1h	11m 14s	$34K	—	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hotstuff 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 HotstuffbpOrdersPrice spread, now −0.152%Rate

Funding earned: −$353.71
Price spread: −0.152% → 0.000%: −$15.19
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee Hotstuff: 2.5 bp × 2 orders: −$5
Net: −$383.9
Costs to cover: 0.150%
Break-even: never at this rate

Slippage unknown: Binance: live order book, 2 min ago; Hotstuff: 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, 2 min ago	0.13 bp	6.9 bp −$7	10.4 bp −$104	26.0 bp −$2,599	doesn't fit
Sell Hotstuff no order-book sample	—	—	—	—	—

Hotstuff: 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
Hotstuff TSLA-PERPshort	−0.1600%	1h	375.83	−0.152%	$34K	—	20x
edgeX TSLAUSDC	−0.0220%	4h	375.99	−0.109%	$396K	$1.1M	10x	as long as short
Bybit TSLAUSDT	0.0000%	8h	376.31	−0.024%	$10.1M	$15.2M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	376.34	−0.016%	$11.2M	$16.9M	25x	as long as short
Gate TSLA_USDT	0.0000%	8h	376.35	−0.014%	$2.3M	$3.4M	100x	as long as short
Bitget TSLAUSDT	0.0000%	8h	376.26	−0.038%	$17.3M	$23.5M	100x	as long as short
StandX TSLA-USD	0.0000%	1h	376.33	−0.019%	$200K	$965K	20x	as long as short
Phemex TSLAUSDT	0.0000%	4h	376.32	−0.022%	$1.1M	$15K	10x	as long as short
Aftermath Perps TSLAUSD	+0.0024%	1h	375.85	−0.147%	$38K	$36K	10x	as long as short
Aster TSLAUSDT	+0.0029%	8h	375.85	−0.147%	$574K	$200K	50x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter TSLA	+0.0032%	1h	376.29	−0.030%	$805K	$3.7M	20x	as long as short
Lighter RH TSLA	+0.0032%	1h	376.27	−0.035%	$1.2M	$2.6M	20x	as long as short
Arcus TSLA-USD	+0.0040%	1h	376.08	−0.085%	$135K	$106K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	376.26	−0.038%	—	$126K	25x	as long as short
QFEX TSLA-USD	+0.0048%	1h	376.24	−0.043%	$1.2M	$6.2M	10x	as long as short
Variational Omni TSLA	+0.0048%	8h	376.04	−0.096%	$1.7M	$1.5M	—	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	376.00	−0.107%	$44.6M	$14.8M	20x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	376.25	−0.040%	$301K	$161K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	376.33	−0.019%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	376.01	−0.104%	$1.6M	$1.1M	10x	as long as short
Deribit TSLA_USDC-PERPETUAL	+0.0069%	1h	376.16	−0.064%	$18K	$191K	10x	as long as short
Binance TSLAUSDTlong	+0.0084%	8h	376.40	long leg	$47.2M	$115.3M	25x
BloFin TSLA-USDT	+0.0087%	8h	376.43	+0.008%	$578K	$362K	20x	as long as short
Extended TSLA_24_5-USD	+0.0088%	1h	376.23	−0.046%	$478K	$2.7M	10x	as long as short
Pacifica TSLA	+0.0100%	1h	375.98	−0.111%	$389K	$36K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	375.96	−0.117%	$1.5M	$2.6M	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	375.77	−0.168%	$4K	$62K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	376.25	−0.040%	$41K	$23K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	376.26	−0.038%	$745	—	10x	as long as short
Bullet TSLA-USD	+0.0125%	1h	376.33	−0.020%	$6K	$93K	10x	as long as short
Coinbase International TSLA-PERP-INTX	+0.0160%	1h	376.17	−0.062%	$508K	$364K	10x	as long as short
Nado TSLA-PERP	+0.0197%	1h	376.07	−0.089%	$499K	$111K	20x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	379.42	+0.802%	$79K	$37K	30x	as long as short
RISEx TSLA/USDC	+0.0290%	1h	376.32	−0.022%	$215K	$651K	20x	as long as short
GRVT TSLA_USDT_Perp	+0.0298%	8h	376.20	−0.055%	$848K	$2.9M	10x	as long as short
Phoenix TSLA	+0.0404%	1h	376.05	−0.093%	$1.3M	$507K	20x	as long as short