Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0184%/8h= +20.1% APRpaid last 24h −0.068%

Price spread now: Hotstuff against Binance−0.068%7-day average — · you buy dearer than you sell

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

Long on Binance Short on Hotstuff

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

Funding pays, the price is against you. Hotstuff is 0.068% cheaper against Binance than usual: you would sell low and buy high (spread −0.068% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$7 on $10k: about 30 hours of funding at the current rate (+$6 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance TSLAUSDT	376.83	0	get 0.0000% / 8h	7h 02m	$47.1M	$109.4M	25x
Short	Hotstuff TSLA-PERP	376.57	0.0184	get 0.0023% / 1h	2m 20s	$34K	—	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hotstuff 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 HotstuffbpOrdersPrice spread, now −0.068%Rate

Funding earned: $38.64
Price spread: −0.068% → 0.000%: −$6.81
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee Hotstuff: 2.5 bp × 2 orders: −$5
Net: $16.83
Costs to cover: 0.150%
Break-even: 4.0 days

Slippage unknown: Binance: live order book, 11 min ago; Hotstuff: no order-book sample. 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 Binance live order book, 11 min ago	0.27 bp	5.6 bp −$6	8.2 bp −$82	27.1 bp −$2,708	doesn't fit
Sell Hotstuff no order-book sample	—	—	—	—	—

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	−0.0083%	4h	376.55	−0.074%	$398K	$1.0M	10x	as long as short
Aster TSLAUSDT	0.0000%	8h	376.59	−0.063%	$577K	$195K	50x	as long as short
Extended TSLA_24_5-USD	0.0000%	1h	376.79	−0.011%	$479K	$10.8M	10x	as long as short
Binance TSLAUSDTlong	0.0000%	8h	376.83	long leg	$47.1M	$109.4M	25x
Bybit TSLAUSDT	0.0000%	8h	376.85	+0.006%	$10.2M	$15.5M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	376.79	−0.010%	$11.2M	$16.6M	25x	as long as short
Gate TSLA_USDT	0.0000%	8h	376.82	−0.002%	$2.3M	$4.0M	100x	as long as short
Bitget TSLAUSDT	0.0000%	8h	376.75	−0.020%	$16.9M	$22.7M	100x	as long as short
Variational Omni TSLA	0.0000%	8h	376.72	−0.029%	$1.9M	$1.3M	—	as long as short
StandX TSLA-USD	0.0000%	1h	376.82	−0.002%	$200K	$904K	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	376.80	−0.007%	$20K	$186K	10x	as long as short
Phemex TSLAUSDT	0.0000%	4h	376.80	−0.007%	$1.1M	$13K	10x	as long as short
Aftermath Perps TSLAUSD	+0.0010%	1h	376.45	−0.099%	$39K	$46K	10x	as long as short
BloFin TSLA-USDT	+0.0014%	8h	376.59	−0.063%	$573K	$339K	20x	as long as short
QFEX TSLA-USD	+0.0028%	1h	376.71	−0.031%	$1.2M	$6.9M	10x	as long as short
Lighter TSLA	+0.0032%	1h	376.79	−0.010%	$830K	$3.6M	20x	as long as short
Lighter RH TSLA	+0.0032%	1h	376.84	+0.004%	$1.2M	$2.6M	20x	as long as short
Arcus TSLA-USD	+0.0040%	1h	376.60	−0.060%	$163K	$93K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	376.78	−0.012%	—	$133K	25x	as long as short
Coinbase International TSLA-PERP-INTX	+0.0048%	1h	375.11	−0.455%	$529K	$307K	10x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	376.57	−0.068%	$44.3M	$14.1M	20x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	376.63	−0.052%	$301K	$310K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	376.79	−0.010%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	376.45	−0.100%	$1.5M	$1.1M	10x	as long as short
Bullet TSLA-USD	+0.0072%	1h	376.80	−0.007%	$6K	$92K	10x	as long as short
RISEx TSLA/USDC	+0.0079%	1h	376.79	−0.010%	$292K	$598K	20x	as long as short
Pacifica TSLA	+0.0100%	1h	376.57	−0.068%	$390K	$38K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	376.52	−0.081%	$1.5M	$106K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	376.47	−0.095%	$4K	$62K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	376.77	−0.015%	$41K	$20K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	376.72	−0.028%	$746	—	10x	as long as short
Nado TSLA-PERP	+0.0132%	1h	376.69	−0.036%	$490K	$112K	20x	as long as short
GRVT TSLA_USDT_Perp	+0.0175%	8h	376.75	−0.020%	$850K	$2.7M	10x	as long as short
Hotstuff TSLA-PERPshort	+0.0184%	1h	376.57	−0.068%	$34K	—	20x
Injective TSLA/USDC PERP	+0.0220%	1h	377.21	+0.102%	$78K	$36K	30x	as long as short
Phoenix TSLA	+0.0277%	1h	376.82	−0.002%	$1.3M	$547K	20x	as long as short