Funding arb · Price arb / RWA

TSLA

RWAAll TSLA markets →

LONGBingX▾Injective −0.0203%Gate 0.0000%Phemex 0.0000%Lighter RH +0.0032%Vest Markets +0.0046%Aftermath Perps +0.0049%Polymarket Perps +0.0050%RISEx +0.0060%QFEX +0.0064%StandX +0.0075%SoDEX +0.0083%Deribit +0.0093%Pacifica +0.0100%ApeX Omni +0.0100%Orderly +0.0100%Aevo +0.0104%Lighter +0.0128%Avantis +0.0158%tradeXYZ +0.0172%Phoenix +0.0182%Arcus +0.0219%Coinbase International +0.0224%Aster +0.0284%Variational Omni +0.0297%MEXC +0.0318%Binance +0.0318%Extended +0.0320%KuCoin +0.0333%Nado +0.0335%Bullet +0.0349%OKX +0.0352%Popdex +0.0384%BloFin +0.0437%Bybit +0.0535%GRVT +0.0537%BingX +0.0745%Bitget +0.0796%edgeX +0.0978%

⇄⇅

SHORTOndo Perps▾edgeX +0.0978%Bitget +0.0796%GRVT +0.0537%Bybit +0.0535%BloFin +0.0437%Popdex +0.0384%OKX +0.0352%Bullet +0.0349%Nado +0.0335%KuCoin +0.0333%Extended +0.0320%Binance +0.0318%MEXC +0.0318%Variational Omni +0.0297%Aster +0.0284%Coinbase International +0.0224%Arcus +0.0219%Phoenix +0.0182%tradeXYZ +0.0172%Avantis −0.0160%Lighter +0.0128%Aevo +0.0104%Pacifica +0.0100%ApeX Omni +0.0100%Orderly +0.0100%Deribit +0.0093%SoDEX +0.0083%StandX +0.0075%QFEX +0.0064%RISEx +0.0060%Ondo Perps +0.0050%Polymarket Perps +0.0050%Aftermath Perps +0.0049%Vest Markets +0.0046%Lighter RH +0.0032%Gate 0.0000%Phemex 0.0000%Injective −0.0203%

Backtest 30d☆

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	BingXNCSKTSLA2USD-USDT	350.26	+0.0745	pay 0.0745% / 8h	4h 04m	$986K	$2.9M	—	Long BingX
SHORT	Ondo PerpsTSLA-USD.P2	349.81	+0.0050	get 0.0006% / 1h	4m 40s	$2.1M	$956K	10x	Short Ondo Perps5% off

Price gap−0.128%

Funding gap−0.0695% /8h

Both sides work against this direction now: funding costs $21 a day on $10k and the gap is 0.032% under its 7d average. Swap the legs.

The current funding rate is far below what this pair has been paying: over the last 7 days it paid −0.477% in total, about −0.0227%/8h on average.

Price and funding

Price spreadPricesFundingLeg ratesP&L

1m5m15m

1h · loading 5m…

24H3D7D14D30D90D

Price spread?

Prices?

Funding?per 8h

P&L?

PRICE SPREAD · 7D

Now−0.128%

Average—

Range—

Wider than now—

FUNDING SPREAD · 7D

Average /8h—

Highest—

Lowest—

Paid you—

Where the spread has been, last 7D▾

share of time at each level

Funding on every exchange

/8h

24H3D7D14D30D90D

BingXOndo Perps

TSLA on 39 exchanges

lowest funding first

Before you open

2 ok · 4 to watch

• ✓
  OK: Fits both order books5.4 / 5.5 bp

  Entry at $10k a leg, taker fee + slippage. Closing costs about the same.
• i
  Note: Margin at max leverage— + $1,000

  BingX —, Ondo Perps 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
• !
  Watch: Payment intervals differ8h / 1h

  Payments land at different times. Close right after the slower leg pays.

  Long BingX · 8h−$22.35

  Short Ondo Perps · 1h+$1.51

  now+6h+12h+18h+24h

  Next 24h at the current rates, on $10k a leg: −$20.84Long BingX: 3 payments, −$22.35; short Ondo Perps: 24 payments, +$1.51.
• !
  Watch: Gap narrower than usual−0.128% vs −0.097%

  Less room for the price leg to pay you. If it goes back to average, the short loses.
• !
  Watch: Long leg is thinner$986K vs $2.1M OI

  BingX sets your exit cost. Check its book before closing.
• ✓
  OK: Points on a legOndo Perps points

  Volume here counts toward the points program.
• !
  Watch: KYCBingX Yes · Ondo Perps No

  Advanced KYC to deposit or trade; unverified accounts can only withdraw, up to 20,000 USDT a day. Rules vary by region.

Profit calculator

both legs, in and out

Position, each leg

$10k$100k$1M

Hold for

1 day7 days30 days

Orders

takermaker

Price spread

to 7d avgclosesnot counted

Funding rate

range avgcurrent

Funding earned−0.0227%/8h × 21 periods−$47.66

Price spread−0.128% → −0.097% (7d avg)−$3.15

Slippage, 4 orderslive order books−$5.50

Fee BingX bp × 2 orders−$10.00

Fee Ondo Perps bp × 2 orders−$5.00

Net · 7 days · $10k−$71.31

Costs to cover0.205%Break-evennever at this rate

Slippage: BingX: live order book, 9 min ago; Ondo Perps: live order book, 3 min ago

Cost to enter

taker + slippage from mid, one side

Leg½ spr$10k$100k$1M$5M

BUY · LONGBingX0.285.4 bp−$57.9 bp−$7916.4 bp−$1,64480.9 bp−$40.4K

SELL · SHORTOndo Perps1.435.5 bp−$56.1 bp−$61doesn’t fitdoesn’t fit

Closing costs about the same again.

Alert

FundingSpread

Tell me when it goes above%/8hNot more often than everymin

Create alert

TSLA news

posts that mention TSLA or Tesla, from every exchangeSearch all news →

09-29 12:10	Kalshi	Other	BREAKING: Tesla cuts China prices for the 2nd time in 20 days @Kalshi on X ↗
09-29 10:03	Bybit	Other	🚀 6 new tickers just landed, bringing Bybit Perp Options to 8 powerhouse assets! Trade Perp Options on SPCX, NVDA, TSLA, SKHY, MU, QQQ, SNDK & SOXL, and join the Wall Street Blue-Chip Options Challenge. 🏆 70K USDT in prizes up for grabs. @Bybit_Official on X ↗
09-29 08:05	KuCoin	Contest	100,000 USDT Prize pool with NVDA, TSLA Rewards. Join our First TradFi Futures Spin (100% Win Rate!) with as little as 100 USDT. Trade (around the clock) and spin daily: @kucoincom on X ↗
09-29 07:57	KuCoin	Contest	100,000 USDT Prize pool with NVDA, TSLA Rewards. Join our First TradFi Futures Spin (100% Win Rate!) with as little as 100 USDT. Trade (around the clock) and spin daily: (Socials) @kucoincom on X ↗
09-29 05:00	Bybit	Other	Bybit Perp Options are here. We just added 6 NEW tickers, bringing our lineup to 8 powerhouses: 🚀 SPCX | NVDA | TSLA | SKHY | MU | QQQ | SNDK | SOXL Trade US equity options starting from just 1 share, 24/7, settled in USDT, all from one account. @Bybit_Official on X ↗
09-28 19:10	Kalshi	Other	JUST IN: Tesla reschedules its Roadster event to October 15 @Kalshi on X ↗