Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.002%

Price spread now: Binance against Ondo Perps+0.082%7-day average +0.099% · you sell dearer than you buy

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

Long on Ondo Perps Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.053%−$5 on $10k

Price spread, last 2 days (all we have)+0.026%+$3 · spread now +0.082%, 7d avg +0.099%

Together, before fees−0.027%+ Points / potential airdropOndo Perps: Active · farm board−$3 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.099%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Ondo Perps TSLA-USD.P	375.95	0.0050	pay 0.0006% / 1h	36m 05s	$1.6M	$1.0M	10x
Short	Binance TSLAUSDT	376.26	0	get 0.0000% / 8h	7h 36m	$47.0M	$109.5M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Ondo Perps. 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 Ondo PerpsbpFee BinancebpOrdersPrice spread, now +0.082%Rate

Funding earned: −$10.58
Price spread: +0.082% → +0.099%: −$1.63
Slippage, 4 orders: no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Fee Binance: 5 bp × 2 orders: −$10
Net: −$27.21
Costs to cover: 0.150%
Break-even: never at this rate

Slippage unknown: Ondo Perps: no order-book sample; Binance: live order book, 7 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 Ondo Perps no order-book sample	—	—	—	—	—
Sell Binance live order book, 7 min ago	0.13 bp	5.8 bp −$6	9.0 bp −$90	28.0 bp −$2,800	doesn't fit

Ondo Perps: 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	−0.0382%	4h	375.97	+0.006%	$397K	$1.0M	10x	as long as short
Aster TSLAUSDT	0.0000%	8h	376.04	+0.023%	$585K	$191K	50x	as long as short
Extended TSLA_24_5-USD	0.0000%	1h	376.18	+0.061%	$481K	$11.5M	10x	as long as short
Binance TSLAUSDTshort	0.0000%	8h	376.26	+0.082%	$47.0M	$109.5M	25x
Bybit TSLAUSDT	0.0000%	8h	376.22	+0.072%	$10.2M	$15.4M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	376.16	+0.056%	$11.2M	$16.8M	25x	as long as short
Gate TSLA_USDT	0.0000%	8h	376.22	+0.072%	$2.3M	$3.9M	100x	as long as short
Bitget TSLAUSDT	0.0000%	8h	376.13	+0.048%	$16.8M	$22.7M	100x	as long as short
Variational Omni TSLA	0.0000%	8h	376.19	+0.063%	$1.9M	$1.3M	—	as long as short
StandX TSLA-USD	0.0000%	1h	376.25	+0.080%	$200K	$893K	20x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex TSLAUSDT	0.0000%	4h	376.21	+0.069%	$1.1M	$13K	10x	as long as short
BloFin TSLA-USDT	+0.0001%	8h	376.31	+0.096%	$572K	$340K	20x	as long as short
Aftermath Perps TSLAUSD	+0.0009%	1h	375.88	−0.019%	$38K	$47K	10x	as long as short
QFEX TSLA-USD	+0.0028%	1h	376.18	+0.061%	$1.2M	$7.1M	10x	as long as short
Lighter TSLA	+0.0032%	1h	376.21	+0.069%	$702K	$3.4M	20x	as long as short
Lighter RH TSLA	+0.0032%	1h	376.23	+0.074%	$1.2M	$2.6M	20x	as long as short
Arcus TSLA-USD	+0.0040%	1h	375.97	+0.005%	$163K	$93K	10x	as long as short
GRVT TSLA_USDT_Perp	+0.0044%	8h	376.12	+0.045%	$845K	$2.8M	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	376.18	+0.061%	—	$133K	25x	as long as short
Coinbase International TSLA-PERP-INTX	+0.0048%	1h	375.11	−0.223%	$529K	$307K	10x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	375.98	+0.008%	$44.3M	$14.2M	20x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	376.05	+0.027%	$298K	$308K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	376.15	+0.053%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.Plong	+0.0050%	1h	375.95	long leg	$1.6M	$1.0M	10x
RISEx TSLA/USDC	+0.0079%	1h	376.27	+0.085%	$291K	$598K	20x	as long as short
Pacifica TSLA	+0.0100%	1h	376.10	+0.040%	$389K	$38K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	375.89	−0.016%	$1.5M	$106K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	375.89	−0.016%	$4K	$62K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	376.02	+0.019%	$41K	$20K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	376.15	+0.053%	$745	—	10x	as long as short
Deribit TSLA_USDC-PERPETUAL	+0.0122%	1h	376.22	+0.072%	$20K	$186K	10x	as long as short
Hotstuff TSLA-PERP	+0.0128%	1h	376.01	+0.016%	$34K	—	20x	as long as short
Nado TSLA-PERP	+0.0135%	1h	376.12	+0.045%	$489K	$112K	20x	as long as short
Bullet TSLA-USD	+0.0138%	1h	376.27	+0.086%	$5K	$91K	10x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	377.10	+0.306%	$78K	$36K	30x	as long as short
Phoenix TSLA	+0.0277%	1h	376.32	+0.098%	$1.3M	$547K	20x	as long as short