Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.002%

Price spread now: Ondo Perps against Binance+0.013%7-day average −0.097% · you sell dearer than you buy

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

Long on Binance Short on Ondo Perps

What this pair did over the last

the charts below follow

Funding, last 7 days+0.053%+$5 on $10k

Price spread, last 2 days (all we have)−0.116%−$12 · spread now +0.013%, 7d avg −0.097%

Together, before fees−0.063%+ Points / potential airdropOndo Perps: Active · farm board−$6 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 Ondo Perps is 0.110% dearer against Binance than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of −0.097%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance TSLAUSDT	376.84	0	get 0.0000% / 8h	6h 48m	$47.2M	$109.8M	25x
Short	Ondo Perps TSLA-USD.P	376.89	0.0050	get 0.0006% / 1h	48m 24s	$1.5M	$1.1M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Ondo Perps 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 Ondo PerpsbpOrdersPrice spread, now +0.013%Rate

Funding earned: $10.58
Price spread: +0.013% → −0.097%: $10.99
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Net: $6.58
Costs to cover: 0.150%
Break-even: 2.7 days

Slippage unknown: Binance: live order book, 10 min ago; Ondo Perps: 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, 10 min ago	0.13 bp	5.1 bp −$5	7.8 bp −$78	25.2 bp −$2,515	doesn't fit
Sell Ondo Perps no order-book sample	—	—	—	—	—

Ondo Perps: 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	−0.0093%	4h	376.98	+0.038%	$399K	$1.0M	10x	as long as short
BloFin TSLA-USDT	−0.0027%	8h	376.98	+0.037%	$576K	$341K	20x	as long as short
Hotstuff TSLA-PERP	−0.0016%	1h	376.61	−0.061%	$34K	—	20x	as long as short
Coinbase International TSLA-PERP-INTX	−0.0016%	1h	376.58	−0.069%	$512K	$327K	10x	as long as short
Aster TSLAUSDT	0.0000%	8h	376.79	−0.013%	$577K	$195K	50x	as long as short
Extended TSLA_24_5-USD	0.0000%	1h	376.74	−0.026%	$480K	$10.6M	10x	as long as short
Binance TSLAUSDTlong	0.0000%	8h	376.84	long leg	$47.2M	$109.8M	25x
Bybit TSLAUSDT	0.0000%	8h	376.95	+0.029%	$10.2M	$15.5M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	376.80	−0.011%	$11.2M	$16.7M	25x	as long as short
RISEx TSLA/USDC	0.0000%	1h	376.95	+0.031%	$292K	$598K	20x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate TSLA_USDT	0.0000%	8h	376.81	−0.008%	$2.3M	$3.8M	100x	as long as short
Bitget TSLAUSDT	0.0000%	8h	376.75	−0.024%	$16.9M	$22.7M	100x	as long as short
Variational Omni TSLA	0.0000%	8h	377.09	+0.065%	$1.9M	$1.3M	—	as long as short
StandX TSLA-USD	0.0000%	1h	376.96	+0.032%	$200K	$905K	20x	as long as short
Bullet TSLA-USD	0.0000%	1h	376.83	−0.003%	$6K	$93K	10x	as long as short
Deribit TSLA_USDC-PERPETUAL	0.0000%	1h	376.75	−0.024%	$20K	$187K	10x	as long as short
Phemex TSLAUSDT	0.0000%	4h	376.86	+0.005%	$1.1M	$13K	10x	as long as short
Aftermath Perps TSLAUSD	+0.0009%	1h	376.82	−0.005%	$38K	$46K	10x	as long as short
QFEX TSLA-USD	+0.0023%	1h	376.76	−0.021%	$1.2M	$6.8M	10x	as long as short
Lighter TSLA	+0.0032%	1h	376.88	+0.011%	$829K	$3.6M	20x	as long as short
Lighter RH TSLA	+0.0032%	1h	376.91	+0.019%	$1.2M	$2.6M	20x	as long as short
Arcus TSLA-USD	+0.0040%	1h	376.86	+0.005%	$163K	$93K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	376.87	+0.008%	—	$130K	25x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	376.60	−0.064%	$44.3M	$14.0M	20x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	376.66	−0.048%	$301K	$310K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	376.75	−0.024%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.Pshort	+0.0050%	1h	376.89	+0.013%	$1.5M	$1.1M	10x
Nado TSLA-PERP	+0.0094%	1h	376.77	−0.019%	$490K	$112K	20x	as long as short
Pacifica TSLA	+0.0100%	1h	376.84	0.000%	$390K	$38K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	376.54	−0.080%	$1.5M	$106K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	376.93	+0.024%	$4K	$61K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	376.75	−0.024%	$41K	$20K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	376.78	−0.016%	$746	—	10x	as long as short
GRVT TSLA_USDT_Perp	+0.0129%	8h	377.31	+0.125%	$853K	$2.7M	10x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	377.56	+0.191%	$78K	$36K	30x	as long as short
Phoenix TSLA	+0.0255%	1h	377.30	+0.122%	$1.3M	$539K	20x	as long as short