Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0220%/8h= +24.1% APRpaid last 24h +0.053%

Price spread now: Injective against Binance+0.186%87s7-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 Injective

What this pair did over the last

the charts below follow

Funding, last 7 days+0.390%+$39 on $10k

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 +$7 a day on $10k at the current rate, and Injective is 0.186% dearer against Binance than usual: you sell high and buy low: +$19 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 87 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance TSLAUSDT	376.02	0	get 0.0000% / 8h	7h 55m	$46.9M	$109.8M	25x
Short	Injective TSLA/USDC PERP	376.72	0.0220	get 0.0028% / 1h	55m 58s	$78K	$36K	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective 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 InjectivebpOrdersPrice spread, now +0.186%Rate

Funding earned: $46.2
Price spread: +0.186% → 0.000%: $18.62
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: $54.8
Costs to cover: 0.100%
Break-even: from the start

Slippage unknown: Binance: live order book, 2 min ago; Injective: 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	5.6 bp −$6	8.7 bp −$87	33.7 bp −$3,374	doesn't fit
Sell Injective no order-book sample	—	—	—	—	—

Injective: 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	−0.0204%	4h	375.55	−0.126%	$397K	$1.0M	10x	as long as short
Aster TSLAUSDT	0.0000%	8h	375.95	−0.018%	$585K	$191K	50x	as long as short
Extended TSLA_24_5-USD	0.0000%	1h	375.97	−0.014%	$478K	$10.7M	10x	as long as short
Binance TSLAUSDTlong	0.0000%	8h	376.02	long leg	$46.9M	$109.8M	25x
OKX TSLA-USDT-SWAP	0.0000%	8h	375.99	−0.008%	$11.2M	$16.7M	25x	as long as short
Gate TSLA_USDT	0.0000%	8h	375.97	−0.013%	$2.3M	$3.9M	100x	as long as short
Bitget TSLAUSDT	0.0000%	8h	375.96	−0.016%	$16.8M	$22.6M	100x	as long as short
Variational Omni TSLA	0.0000%	8h	376.11	+0.025%	$1.9M	$1.3M	—	as long as short
StandX TSLA-USD	0.0000%	1h	376.04	+0.005%	$200K	$895K	20x	as long as short
Deribit TSLA_USDC-PERPETUAL	0.0000%	1h	375.97	−0.013%	$20K	$188K	10x	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	376.06	+0.011%	$1.1M	$13K	10x	as long as short
Aftermath Perps TSLAUSD	+0.0010%	1h	375.64	−0.102%	$38K	$47K	10x	as long as short
BloFin TSLA-USDT	+0.0020%	8h	376.12	+0.027%	$569K	$341K	20x	as long as short
QFEX TSLA-USD	+0.0028%	1h	376.02	0.000%	$1.2M	$7.2M	10x	as long as short
Lighter TSLA	+0.0032%	1h	376.10	+0.021%	$654K	$3.3M	20x	as long as short
Lighter RH TSLA	+0.0032%	1h	376.15	+0.035%	$1.2M	$2.5M	20x	as long as short
Arcus TSLA-USD	+0.0040%	1h	375.73	−0.077%	$165K	$91K	10x	as long as short
Bybit TSLAUSDT	+0.0043%	8h	376.12	+0.027%	$10.2M	$15.4M	100x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	376.00	−0.005%	—	$133K	25x	as long as short
Coinbase International TSLA-PERP-INTX	+0.0048%	1h	375.11	−0.242%	$529K	$320K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	375.51	−0.136%	$1.6M	$1.0M	10x	as long as short
RISEx TSLA/USDC	+0.0079%	1h	376.10	+0.020%	$291K	$597K	20x	as long as short
Pacifica TSLA	+0.0100%	1h	375.74	−0.074%	$389K	$38K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	375.84	−0.048%	$1.5M	$158K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	375.64	−0.101%	$4K	$62K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	376.03	+0.003%	$41K	$21K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	375.77	−0.067%	$744	—	10x	as long as short
Nado TSLA-PERP	+0.0107%	1h	375.98	−0.010%	$491K	$111K	20x	as long as short
SoDEX TSLA-USD	+0.0125%	1h	375.99	−0.008%	$4K	$3K	10x	as long as short
GRVT TSLA_USDT_Perp	+0.0140%	8h	375.77	−0.066%	$849K	$2.7M	10x	as long as short
Polymarket Perps TSLA-USD	+0.0181%	1h	375.64	−0.101%	$298K	$308K	10x	as long as short
Injective TSLA/USDC PERPshort	+0.0220%	1h	376.72	+0.186%	$78K	$36K	30x
Phoenix TSLA	+0.0362%	1h	375.76	−0.069%	$1.3M	$547K	20x	as long as short
Hotstuff TSLA-PERP	+0.0368%	1h	375.59	−0.114%	$34K	—	20x	as long as short
tradeXYZ xyz:TSLA	+0.0380%	1h	375.67	−0.093%	$44.2M	$14.7M	20x	as long as short
Bullet TSLA-USD	+0.0552%	1h	376.03	+0.004%	$5K	$91K	10x	as long as short