Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0240%/8h= −26.3% APRpaid last 24h +0.069%

Price spread now: Binance against Hotstuff+0.157%7-day average — · you sell dearer than you buy

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

Long on Hotstuff Short on Binance

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropHotstuff: Active · farm boardneeds both histories

The price spread pays, funding is against you. Binance is 0.157% dearer against Hotstuff than usual: you sell high and buy low (spread +0.157% now, against zero (this spread has no 7-day history yet)): +$16 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 2.2 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hotstuff TSLA-PERP	375.33	0.0240	pay 0.0030% / 1h	58m 40s	$34K	—	20x
Short	Binance TSLAUSDT	375.92	0	get 0.0000% / 8h	7h 58m	$46.9M	$110.4M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Hotstuff. 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 HotstuffbpFee BinancebpOrdersPrice spread, now +0.157%Rate

Funding earned: −$50.4
Price spread: +0.157% → 0.000%: $15.72
Slippage, 4 orders: no order book: not counted
Fee Hotstuff: 2.5 bp × 2 orders: −$5
Fee Binance: 5 bp × 2 orders: −$10
Net: −$49.68
Costs to cover: 0.150%
Break-even: from the start

Slippage unknown: Hotstuff: no order-book sample; Binance: live order book, 14 min ago. 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 Hotstuff no order-book sample	—	—	—	—	—
Sell Binance live order book, 14 min ago	0.13 bp	6.1 bp −$6	8.1 bp −$81	27.5 bp −$2,749	doesn't fit

Hotstuff: 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	−0.0851%	4h	375.63	+0.080%	$397K	$1.0M	10x	as long as short
Nado TSLA-PERP	−0.0118%	1h	375.41	+0.021%	$491K	$110K	20x	as long as short
Aster TSLAUSDT	0.0000%	8h	375.58	+0.066%	$584K	$191K	50x	as long as short
Extended TSLA_24_5-USD	0.0000%	1h	375.91	+0.154%	$478K	$10.7M	10x	as long as short
Binance TSLAUSDTshort	0.0000%	8h	375.92	+0.157%	$46.9M	$110.4M	25x
Bybit TSLAUSDT	0.0000%	8h	375.97	+0.171%	$10.1M	$15.5M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	375.94	+0.163%	$11.2M	$16.7M	25x	as long as short
Gate TSLA_USDT	0.0000%	8h	375.79	+0.123%	$2.3M	$3.9M	100x	as long as short
Bitget TSLAUSDT	0.0000%	8h	375.72	+0.104%	$16.7M	$22.6M	100x	as long as short
Variational Omni TSLA	0.0000%	8h	375.62	+0.078%	$1.9M	$1.3M	—	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	375.68	+0.093%	$199K	$896K	20x	as long as short
Phemex TSLAUSDT	0.0000%	4h	375.69	+0.096%	$1.1M	$13K	10x	as long as short
Aftermath Perps TSLAUSD	+0.0011%	1h	375.51	+0.048%	$38K	$47K	10x	as long as short
BloFin TSLA-USDT	+0.0015%	8h	375.69	+0.096%	$568K	$341K	20x	as long as short
QFEX TSLA-USD	+0.0031%	1h	375.75	+0.112%	$1.2M	$7.3M	10x	as long as short
Lighter TSLA	+0.0032%	1h	375.88	+0.147%	$653K	$3.3M	20x	as long as short
Lighter RH TSLA	+0.0032%	1h	375.92	+0.157%	$1.2M	$2.5M	20x	as long as short
Arcus TSLA-USD	+0.0040%	1h	375.52	+0.051%	$165K	$95K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	375.62	+0.077%	—	$133K	25x	as long as short
Coinbase International TSLA-PERP-INTX	+0.0048%	1h	375.11	−0.059%	$529K	$328K	10x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	375.31	−0.005%	$44.2M	$14.7M	20x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	375.28	−0.013%	$297K	$307K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	375.50	+0.045%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	375.60	+0.072%	$1.6M	$1.0M	10x	as long as short
Deribit TSLA_USDC-PERPETUAL	+0.0070%	1h	375.49	+0.043%	$20K	$188K	10x	as long as short
RISEx TSLA/USDC	+0.0079%	1h	375.96	+0.168%	$291K	$597K	20x	as long as short
Pacifica TSLA	+0.0100%	1h	375.61	+0.075%	$389K	$38K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	375.48	+0.040%	$1.5M	$160K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	375.64	+0.083%	$4K	$62K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	375.51	+0.048%	$41K	$21K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	375.51	+0.047%	$744	—	10x	as long as short
Bullet TSLA-USD	+0.0113%	1h	375.68	+0.092%	$5K	$91K	10x	as long as short
GRVT TSLA_USDT_Perp	+0.0140%	8h	375.77	+0.117%	$849K	$2.7M	10x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	376.19	+0.229%	$78K	$36K	30x	as long as short
Hotstuff TSLA-PERPlong	+0.0240%	1h	375.33	long leg	$34K	—	20x
Phoenix TSLA	+0.0362%	1h	375.75	+0.112%	$1.3M	$546K	20x	as long as short