Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0814%/8h= −89.2% APRpaid last 24h −0.205%

Price spread now: edgeX against Deribit+0.108%7-day average +0.015% · 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−$24as in the Price arb table

costs, in and out, $10k−$330.327% of the position

Long on Deribit Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)−0.488%−$49 on $10k

Price spread, last 4 days (all we have)−0.066%−$7 · spread now +0.108%, 7d avg +0.015%

Together, before fees−0.553%+ Points / potential airdropedgeX: Active · farm board−$55 on $10k · with fees, hour by hour

The price spread pays, funding is against you. edgeX is 0.092% dearer against Deribit than usual: you sell high and buy low (spread +0.108% now, against its 7-day average of +0.015%): +$9 on $10k if it goes back. Holding the pair costs −$24 a day in funding at the current rate, which eats that in about 9 hours. At the pace of the last 5 days (−0.488% in total) that is about 22 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit TSLA_USDC-PERPETUAL	376.25	0.0149	pay 0.0019% / 1h	55m 11s	$18K	$193K	10x
Short	edgeX TSLAUSDC	376.66	−0.0665	pay 0.0333% / 4h	1h 55m	$398K	$1.0M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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 edgeXbpOrdersPrice spread, now +0.108%Rate

Funding earned: −$171.01
Price spread: +0.108% → +0.015%: $9.24
Slippage, 4 orders: −$16.75
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$194.51
Costs to cover: 0.327%
Break-even: never at this rate

Slippage from Deribit: live order book, 53 min ago; edgeX: live order book, 4 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, 53 min ago	0.13 bp	3.6 bp −$4	4.2 bp −$42	doesn't fit	doesn't fit
Sell edgeX live order book, 4 min ago	4.38 bp	9.0 bp −$9	11.9 bp −$119	doesn't fit	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 TSLAUSDCshort	−0.0665%	4h	376.66	+0.108%	$398K	$1.0M	10x
Aster TSLAUSDT	0.0000%	8h	376.45	+0.054%	$575K	$199K	50x	as long as short
Extended TSLA_24_5-USD	0.0000%	1h	376.36	+0.030%	$479K	$2.7M	10x	as long as short
Binance TSLAUSDT	0.0000%	8h	376.47	+0.057%	$47.3M	$113.3M	25x	as long as short
Bybit TSLAUSDT	0.0000%	8h	376.42	+0.045%	$10.2M	$15.5M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	376.40	+0.040%	$11.2M	$17.0M	25x	as long as short
Bitget TSLAUSDT	0.0000%	8h	376.43	+0.048%	$17.1M	$22.8M	100x	as long as short
Variational Omni TSLA	0.0000%	8h	376.40	+0.040%	$1.9M	$1.3M	—	as long as short
StandX TSLA-USD	0.0000%	1h	376.40	+0.040%	$200K	$917K	20x	as long as short
Phemex TSLAUSDT	0.0000%	4h	376.50	+0.066%	$1.1M	$14K	10x	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	+0.0005%	8h	376.47	+0.058%	$2.3M	$3.5M	100x	as long as short
Aftermath Perps TSLAUSD	+0.0022%	1h	376.38	+0.033%	$38K	$39K	10x	as long as short
BloFin TSLA-USDT	+0.0028%	8h	376.49	+0.064%	$576K	$355K	20x	as long as short
Lighter RH TSLA	+0.0032%	1h	376.34	+0.024%	$1.3M	$2.5M	20x	as long as short
Arcus TSLA-USD	+0.0040%	1h	376.31	+0.016%	$135K	$108K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	376.34	+0.024%	—	$125K	25x	as long as short
Hotstuff TSLA-PERP	+0.0048%	1h	376.29	+0.011%	$34K	—	20x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	376.11	−0.037%	$44.6M	$14.8M	20x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	376.28	+0.008%	$301K	$307K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	376.36	+0.029%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	376.15	−0.027%	$1.6M	$1.1M	10x	as long as short
QFEX TSLA-USD	+0.0052%	1h	376.35	+0.027%	$1.2M	$6.2M	10x	as long as short
Pacifica TSLA	+0.0100%	1h	376.13	−0.031%	$389K	$37K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	376.08	−0.045%	$1.5M	$107K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	376.22	−0.008%	$4K	$62K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	376.33	+0.021%	$41K	$23K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	376.37	+0.032%	$745	—	10x	as long as short
Lighter TSLA	+0.0120%	1h	376.36	+0.029%	$836K	$3.7M	20x	as long as short
Coinbase International TSLA-PERP-INTX	+0.0136%	1h	376.48	+0.061%	$508K	$347K	10x	as long as short
RISEx TSLA/USDC	+0.0138%	1h	376.51	+0.069%	$216K	$618K	20x	as long as short
Deribit TSLA_USDC-PERPETUALlong	+0.0149%	1h	376.25	long leg	$18K	$193K	10x
GRVT TSLA_USDT_Perp	+0.0184%	8h	376.54	+0.076%	$847K	$2.8M	10x	as long as short
Bullet TSLA-USD	+0.0188%	1h	376.43	+0.049%	$5K	$90K	10x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	377.28	+0.274%	$78K	$36K	30x	as long as short
Nado TSLA-PERP	+0.0293%	1h	376.13	−0.031%	$488K	$110K	20x	as long as short
Phoenix TSLA	+0.0298%	1h	376.62	+0.098%	$1.3M	$528K	20x	as long as short