Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.003%

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

Net, funding: paid 7d − costs−$40as in the Funding arb table

Net, price: spread back to 7d avg − costs−$30as in the Price arb table

costs, in and out, $10k−$320.315% of the position

Long on tradeXYZ Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.086%−$9 on $10k

Price spread, last 7 days−0.064%−$6 · spread now +0.099%, 7d avg +0.082%

Together, before fees−0.150%+ Points / potential airdroptradeXYZ: Active · farm board−$15 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.082%, 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	tradeXYZ xyz:TSLA	375.99	0.0050	pay 0.0006% / 1h	6m 28s	$44.5M	$14.7M	20x
Short	Binance TSLAUSDT	376.36	0	get 0.0000% / 8h	3h 06m	$47.0M	$112.4M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against tradeXYZ. 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 tradeXYZbpFee BinancebpOrdersPrice spread, now +0.099%Rate

Funding earned: −$10.5
Price spread: +0.099% → +0.082%: $1.7
Slippage, 4 orders: −$3.54
Fee tradeXYZ: 9 bp × 2 orders: −$18
Fee Binance: 5 bp × 2 orders: −$10
Net: −$40.33
Costs to cover: 0.315%
Break-even: never at this rate

Slippage from tradeXYZ: live order book, 12 min ago; Binance: live order book, 6 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 tradeXYZ live order book, 12 min ago	0.53 bp	9.9 bp −$10	11.9 bp −$119	doesn't fit	doesn't fit
Sell Binance live order book, 6 min ago	0.13 bp	5.2 bp −$5	8.2 bp −$82	24.9 bp −$2,488	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	−0.0101%	4h	376.24	+0.066%	$398K	$1.0M	10x	as long as short
BloFin TSLA-USDT	−0.0025%	8h	376.26	+0.072%	$576K	$353K	20x	as long as short
Aster TSLAUSDT	0.0000%	8h	376.36	+0.099%	$576K	$198K	50x	as long as short
Extended TSLA_24_5-USD	0.0000%	1h	376.26	+0.071%	$480K	$2.7M	10x	as long as short
Binance TSLAUSDTshort	0.0000%	8h	376.36	+0.099%	$47.0M	$112.4M	25x
Bybit TSLAUSDT	0.0000%	8h	376.24	+0.066%	$10.2M	$15.4M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	376.33	+0.090%	$11.2M	$16.9M	25x	as long as short
RISEx TSLA/USDC	0.0000%	1h	376.36	+0.098%	$290K	$580K	20x	as long as short
Hotstuff TSLA-PERP	0.0000%	1h	375.92	−0.019%	$34K	—	20x	as long as short
Bitget TSLAUSDT	0.0000%	8h	376.30	+0.082%	$17.1M	$22.6M	100x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni TSLA	0.0000%	8h	376.14	+0.039%	$1.9M	$1.3M	—	as long as short
StandX TSLA-USD	0.0000%	1h	376.29	+0.080%	$200K	$903K	20x	as long as short
Phemex TSLAUSDT	0.0000%	4h	376.30	+0.082%	$1.1M	$14K	10x	as long as short
Aftermath Perps TSLAUSD	+0.0019%	1h	376.13	+0.037%	$38K	$40K	10x	as long as short
Gate TSLA_USDT	+0.0025%	8h	376.35	+0.096%	$2.3M	$3.5M	100x	as long as short
Lighter RH TSLA	+0.0032%	1h	376.21	+0.059%	$1.2M	$2.5M	20x	as long as short
QFEX TSLA-USD	+0.0033%	1h	376.22	+0.061%	$1.2M	$6.2M	10x	as long as short
Arcus TSLA-USD	+0.0040%	1h	375.99	0.000%	$133K	$106K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	376.11	+0.032%	—	$128K	25x	as long as short
tradeXYZ xyz:TSLAlong	+0.0050%	1h	375.99	long leg	$44.5M	$14.7M	20x
Polymarket Perps TSLA-USD	+0.0050%	1h	376.15	+0.043%	$300K	$309K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	376.20	+0.056%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	375.84	−0.040%	$1.6M	$1.1M	10x	as long as short
Lighter TSLA	+0.0072%	1h	376.22	+0.061%	$838K	$3.7M	20x	as long as short
Coinbase International TSLA-PERP-INTX	+0.0080%	1h	376.13	+0.037%	$511K	$337K	10x	as long as short
Pacifica TSLA	+0.0100%	1h	375.99	0.000%	$390K	$37K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	376.09	+0.027%	$1.5M	$105K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	376.04	+0.013%	$4K	$62K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	376.23	+0.064%	$41K	$23K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	376.18	+0.051%	$745	—	10x	as long as short
GRVT TSLA_USDT_Perp	+0.0112%	8h	376.34	+0.094%	$844K	$2.8M	10x	as long as short
Bullet TSLA-USD	+0.0138%	1h	376.24	+0.066%	$4K	$90K	10x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	380.08	+1.088%	$79K	$36K	30x	as long as short
Nado TSLA-PERP	+0.0228%	1h	376.01	+0.004%	$489K	$112K	20x	as long as short
Phoenix TSLA	+0.0276%	1h	376.23	+0.064%	$1.3M	$540K	20x	as long as short
Deribit TSLA_USDC-PERPETUAL	+0.0388%	1h	376.17	+0.048%	$18K	$192K	10x	as long as short