Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0013%/8h= +1.5% APRpaid last 24h −0.002%

Price spread now: BloFin against Deribit+0.029%7-day average +0.029% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$29as in the Price arb table

costs, in and out, $10k−$290.286% of the position

Long on Deribit Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)−0.125%−$13 on $10k

Price spread, last 4 days (all we have)+0.002%$0 · spread now +0.029%, 7d avg +0.029%

Together, before fees−0.124%−$12 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.029%, so right now this pair is about funding alone: $0 a day on $10k at the current rate. Mind the row above: over the last 5 days funding on this pair cost −0.125%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit TSLA_USDC-PERPETUAL	377.93	0.0068	pay 0.0008% / 1h	19m 03s	$18K	$195K	10x
Short	BloFin TSLA-USDT	378.04	0.0081	get 0.0081% / 8h	19m 03s	$583K	$357K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Deribit. 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 DeribitbpFee BloFinbpOrdersPrice spread, now +0.029%Rate

Funding earned: $2.79
Price spread: +0.029% → +0.029%: $0.03
Slippage, 4 orders: −$9.59
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$25.78
Costs to cover: 0.286%
Break-even: 71.7 days

Slippage from Deribit: live order book, 19 min ago; BloFin: live order book, 62 min ago.

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 Deribit live order book, 19 min ago	3.98 bp	7.5 bp −$7	8.2 bp −$82	doesn't fit	doesn't fit
Sell BloFin live order book, 62 min ago	0.53 bp	6.7 bp −$7	8.8 bp −$88	20.9 bp −$2,088	doesn't fit

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	−0.0659%	4h	376.39	−0.406%	$398K	$1.0M	10x	as long as short
Bybit TSLAUSDT	0.0000%	8h	378.02	+0.024%	$10.2M	$15.4M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	377.96	+0.008%	$11.3M	$17.0M	25x	as long as short
Gate TSLA_USDT	0.0000%	8h	377.90	−0.008%	$2.3M	$3.5M	100x	as long as short
Bitget TSLAUSDT	0.0000%	8h	377.92	−0.003%	$17.3M	$23.1M	100x	as long as short
StandX TSLA-USD	0.0000%	1h	376.37	−0.413%	$200K	$920K	20x	as long as short
Phemex TSLAUSDT	0.0000%	4h	377.93	0.000%	$1.1M	$14K	10x	as long as short
Aster TSLAUSDT	+0.0015%	8h	377.77	−0.042%	$577K	$200K	50x	as long as short
Lighter RH TSLA	+0.0032%	1h	377.96	+0.008%	$1.3M	$2.5M	20x	as long as short
Aftermath Perps TSLAUSD	+0.0032%	1h	376.67	−0.335%	$38K	$36K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Arcus TSLA-USD	+0.0040%	1h	376.69	−0.328%	$135K	$108K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	378.04	+0.029%	—	$125K	25x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	377.76	−0.045%	$44.8M	$14.9M	20x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	378.18	+0.066%	$302K	$303K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	378.02	+0.024%	$1.6M	$1.1M	10x	as long as short
Variational Omni TSLA	+0.0053%	8h	376.60	−0.352%	$1.9M	$1.3M	—	as long as short
Hotstuff TSLA-PERP	+0.0056%	1h	376.66	−0.336%	$34K	—	20x	as long as short
QFEX TSLA-USD	+0.0067%	1h	378.09	+0.042%	$1.2M	$6.2M	10x	as long as short
Deribit TSLA_USDC-PERPETUALlong	+0.0068%	1h	377.93	long leg	$18K	$195K	10x
SoDEX TSLA-USD	+0.0075%	1h	377.63	−0.079%	$4K	$3K	10x	as long as short
Binance TSLAUSDT	+0.0080%	8h	377.99	+0.016%	$47.3M	$114.1M	25x	as long as short
Extended TSLA_24_5-USD	+0.0080%	1h	377.91	−0.005%	$483K	$2.7M	10x	as long as short
BloFin TSLA-USDTshort	+0.0081%	8h	378.04	+0.029%	$583K	$357K	20x
Pacifica TSLA	+0.0100%	1h	377.88	−0.013%	$391K	$37K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	377.80	−0.034%	$1.5M	$1.7M	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	376.13	−0.476%	$4K	$62K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	377.97	+0.011%	$41K	$23K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	377.94	+0.003%	$748	—	10x	as long as short
Lighter TSLA	+0.0152%	1h	377.95	+0.005%	$825K	$3.7M	20x	as long as short
Coinbase International TSLA-PERP-INTX	+0.0176%	1h	375.69	−0.593%	$505K	$350K	10x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	379.80	+0.495%	$79K	$36K	30x	as long as short
Bullet TSLA-USD	+0.0248%	1h	377.99	+0.016%	$6K	$91K	10x	as long as short
RISEx TSLA/USDC	+0.0257%	1h	378.42	+0.130%	$216K	$652K	20x	as long as short
Nado TSLA-PERP	+0.0272%	1h	378.10	+0.045%	$491K	$111K	20x	as long as short
GRVT TSLA_USDT_Perp	+0.0291%	8h	376.91	−0.269%	$857K	$2.8M	10x	as long as short
Phoenix TSLA	+0.0404%	1h	376.43	−0.397%	$1.3M	$525K	20x	as long as short