Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0040%/8h= +4.4% APRpaid last 24h +0.041%

Price spread now: Arcus against Binance+0.026%7-day average −0.074% · 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−$22as in the Price arb table

costs, in and out, $10k−$320.323% of the position

Long on Binance Short on Arcus

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.081%+$8 on $10k

Price spread, last 4 days (all we have)−0.114%−$11 · spread now +0.026%, 7d avg −0.074%

Together, before fees−0.033%−$3 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Arcus is 0.100% dearer against Binance than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of −0.074%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance TSLAUSDT	375.68	0	get 0.0000% / 8h	1h 41m	$47.1M	$113.4M	25x
Short	Arcus TSLA-USD	375.78	0.0040	get 0.0005% / 1h	41m 37s	$135K	$108K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Arcus against Binance. 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 BinancebpFee ArcusbpOrdersPrice spread, now +0.026%Rate

Funding earned: $8.46
Price spread: +0.026% → −0.074%: $9.98
Slippage, 4 orders: −$17.78
Fee Binance: 5 bp × 2 orders: −$10
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Net: −$13.84
Costs to cover: 0.323%
Break-even: 18.5 days

Slippage from Binance: live order book, 1 min ago; Arcus: live order book, 1 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 Binance live order book, 1 min ago	0.13 bp	5.6 bp −$6	9.9 bp −$99	39.8 bp −$3,980	doesn't fit
Sell Arcus live order book, 1 min ago	3.59 bp	9.5 bp −$9	12.2 bp −$122	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 TSLAUSDC	−0.0459%	4h	376.21	+0.139%	$398K	$1.0M	10x	as long as short
BloFin TSLA-USDT	−0.0013%	8h	375.87	+0.050%	$577K	$355K	20x	as long as short
Aster TSLAUSDT	0.0000%	8h	375.81	+0.034%	$574K	$199K	50x	as long as short
Extended TSLA_24_5-USD	0.0000%	1h	375.60	−0.022%	$479K	$2.7M	10x	as long as short
Binance TSLAUSDTlong	0.0000%	8h	375.68	long leg	$47.1M	$113.4M	25x
Bybit TSLAUSDT	0.0000%	8h	375.72	+0.010%	$10.2M	$15.4M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	375.75	+0.018%	$11.2M	$16.9M	25x	as long as short
Bitget TSLAUSDT	0.0000%	8h	375.70	+0.004%	$17.1M	$22.9M	100x	as long as short
Variational Omni TSLA	0.0000%	8h	376.24	+0.148%	$1.9M	$1.3M	—	as long as short
StandX TSLA-USD	0.0000%	1h	375.93	+0.066%	$199K	$918K	20x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit TSLA_USDC-PERPETUAL	0.0000%	1h	375.67	−0.004%	$18K	$194K	10x	as long as short
Phemex TSLAUSDT	0.0000%	4h	375.82	+0.036%	$1.1M	$14K	10x	as long as short
Gate TSLA_USDT	+0.0001%	8h	375.83	+0.039%	$2.3M	$3.5M	100x	as long as short
Aftermath Perps TSLAUSD	+0.0024%	1h	375.83	+0.038%	$38K	$39K	10x	as long as short
Lighter RH TSLA	+0.0032%	1h	375.76	+0.020%	$1.3M	$2.5M	20x	as long as short
Hotstuff TSLA-PERP	+0.0040%	1h	375.51	−0.046%	$34K	—	20x	as long as short
Arcus TSLA-USDshort	+0.0040%	1h	375.78	+0.026%	$135K	$108K	10x
Vest TSLA-USD-PERP	+0.0046%	1h	375.75	+0.018%	—	$125K	25x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	375.49	−0.052%	$44.5M	$14.8M	20x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	375.70	+0.004%	$300K	$307K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	375.66	−0.006%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	375.78	+0.026%	$1.6M	$1.1M	10x	as long as short
QFEX TSLA-USD	+0.0052%	1h	375.73	+0.012%	$1.2M	$6.2M	10x	as long as short
Pacifica TSLA	+0.0100%	1h	375.65	−0.009%	$389K	$36K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	375.61	−0.020%	$1.5M	$108K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	375.89	+0.055%	$4K	$61K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	375.82	+0.036%	$41K	$23K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	375.73	+0.012%	$744	—	10x	as long as short
Lighter TSLA	+0.0136%	1h	375.76	+0.020%	$821K	$3.7M	20x	as long as short
Coinbase International TSLA-PERP-INTX	+0.0136%	1h	376.33	+0.172%	$506K	$349K	10x	as long as short
RISEx TSLA/USDC	+0.0138%	1h	375.82	+0.038%	$214K	$643K	20x	as long as short
GRVT TSLA_USDT_Perp	+0.0197%	8h	376.32	+0.169%	$851K	$2.8M	10x	as long as short
Bullet TSLA-USD	+0.0207%	1h	375.82	+0.036%	$5K	$91K	10x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	380.07	+1.168%	$79K	$36K	30x	as long as short
Nado TSLA-PERP	+0.0298%	1h	375.63	−0.014%	$488K	$111K	20x	as long as short
Phoenix TSLA	+0.0318%	1h	376.30	+0.164%	$1.3M	$528K	20x	as long as short