Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0907%/8h= +99.3% APRpaid last 24h +0.173%

Price spread now: Deribit against edgeX−0.056%7-day average −0.016% · you buy dearer than you sell

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

Net, price: spread back to 7d avg − costs−$35as in the Price arb table

costs, in and out, $10k−$310.308% of the position

Long on edgeX Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)+0.441%+$44 on $10k

Price spread, last 4 days (all we have)−0.009%−$1 · spread now −0.056%, 7d avg −0.016%

Together, before fees+0.432%+ Points / potential airdropedgeX: Active · farm board+$43 on $10k · with fees, hour by hour

Funding pays, the price is against you. Deribit is 0.040% cheaper against edgeX than usual: you would sell low and buy high (spread −0.056% now, against its 7-day average of −0.016%). If the spread goes back, that is −$4 on $10k: about 4 hours of funding at the current rate (+$27 a day). At the pace of the last 5 days (+0.441% in total) that is about 11 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX TSLAUSDC	376.64	−0.0907	get 0.0454% / 4h	24m 40s	$398K	$1.0M	10x
Short	Deribit TSLA_USDC-PERPETUAL	376.43	0	get 0.0000% / 1h	24m 40s	$20K	$188K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit against edgeX. 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 edgeXbpFee DeribitbpOrdersPrice spread, now −0.056%Rate

Funding earned: $190.49
Price spread: −0.056% → −0.016%: −$4.03
Slippage, 4 orders: −$14.83
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: $155.63
Costs to cover: 0.308%
Break-even: 1.3 days

Slippage from edgeX: live order book, 4 min ago; Deribit: live order book, 34 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 edgeX live order book, 4 min ago	4.25 bp	9.0 bp −$9	11.9 bp −$119	doesn't fit	doesn't fit
Sell Deribit live order book, 34 min ago	0.13 bp	3.6 bp −$4	5.4 bp −$54	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 TSLAUSDClong	−0.0907%	4h	376.64	long leg	$398K	$1.0M	10x
BloFin TSLA-USDT	−0.0030%	8h	376.63	−0.003%	$577K	$353K	20x	as long as short
Aster TSLAUSDT	0.0000%	8h	376.55	−0.025%	$577K	$196K	50x	as long as short
Extended TSLA_24_5-USD	0.0000%	1h	376.53	−0.031%	$481K	$4.1M	10x	as long as short
Binance TSLAUSDT	0.0000%	8h	376.59	−0.015%	$47.3M	$111.2M	25x	as long as short
Bybit TSLAUSDT	0.0000%	8h	376.64	0.000%	$10.3M	$15.4M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	376.60	−0.011%	$11.2M	$16.9M	25x	as long as short
RISEx TSLA/USDC	0.0000%	1h	376.63	−0.003%	$290K	$587K	20x	as long as short
Bitget TSLAUSDT	0.0000%	8h	376.64	0.000%	$17.0M	$23.0M	100x	as long as short
Variational Omni TSLA	0.0000%	8h	376.55	−0.025%	$1.9M	$1.4M	—	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
StandX TSLA-USD	0.0000%	1h	376.51	−0.035%	$200K	$905K	20x	as long as short
Deribit TSLA_USDC-PERPETUALshort	0.0000%	1h	376.43	−0.056%	$20K	$188K	10x
Phemex TSLAUSDT	0.0000%	4h	376.67	+0.008%	$1.1M	$14K	10x	as long as short
Aftermath Perps TSLAUSD	+0.0016%	1h	376.52	−0.033%	$38K	$42K	10x	as long as short
Hotstuff TSLA-PERP	+0.0024%	1h	376.26	−0.101%	$34K	—	20x	as long as short
Lighter TSLA	+0.0032%	1h	376.53	−0.029%	$816K	$3.6M	20x	as long as short
Lighter RH TSLA	+0.0032%	1h	376.52	−0.032%	$1.2M	$2.6M	20x	as long as short
QFEX TSLA-USD	+0.0038%	1h	376.53	−0.029%	$1.3M	$6.5M	10x	as long as short
Arcus TSLA-USD	+0.0040%	1h	376.47	−0.045%	$140K	$96K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	376.57	−0.019%	—	$130K	25x	as long as short
Bullet TSLA-USD	+0.0048%	1h	376.60	−0.011%	$5K	$92K	10x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	376.26	−0.101%	$44.3M	$14.4M	20x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	376.35	−0.077%	$301K	$309K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	376.54	−0.027%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	376.25	−0.104%	$1.6M	$1.1M	10x	as long as short
GRVT TSLA_USDT_Perp	+0.0052%	8h	376.74	+0.026%	$845K	$2.8M	10x	as long as short
Coinbase International TSLA-PERP-INTX	+0.0056%	1h	376.45	−0.051%	$512K	$330K	10x	as long as short
Gate TSLA_USDT	+0.0084%	8h	376.61	−0.008%	$2.3M	$3.6M	100x	as long as short
Pacifica TSLA	+0.0100%	1h	376.41	−0.062%	$390K	$38K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	376.44	−0.053%	$1.5M	$105K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	376.52	−0.032%	$4K	$61K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	376.48	−0.043%	$41K	$23K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	376.50	−0.036%	$745	—	10x	as long as short
Nado TSLA-PERP	+0.0138%	1h	376.43	−0.056%	$489K	$112K	20x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	377.69	+0.279%	$79K	$36K	30x	as long as short
Phoenix TSLA	+0.0255%	1h	376.82	+0.048%	$1.3M	$539K	20x	as long as short