Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0016%/8h= −1.7% APRpaid last 24h +0.002%

Price spread now: Ondo Perps against Binance−0.120%7-day average −0.106% · you buy dearer than you sell

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

Long on Binance Short on Ondo Perps

What this pair did over the last

the charts below follow

Funding, last 7 days+0.054%+$5 on $10k

Price spread, last 7 days+0.013%+$1 · spread now −0.120%, 7d avg −0.106%

Together, before fees+0.067%+ Points / potential airdropOndo Perps: Active · farm board+$7 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.106%, so right now this pair is about funding alone: $0 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.054%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance TSLAUSDT	376.72	0.0066	pay 0.0066% / 8h	34m 59s	$47.1M	$113.5M	25x
Short	Ondo Perps TSLA-USD.P	376.27	0.0050	get 0.0006% / 1h	34m 59s	$1.6M	$1.1M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Ondo Perps 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 Ondo PerpsbpOrdersPrice spread, now −0.120%Rate

Funding earned: −$3.3
Price spread: −0.120% → −0.106%: −$1.45
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Net: −$19.75
Costs to cover: 0.150%
Break-even: never at this rate

Slippage unknown: Binance: live order book, 8 min ago; Ondo Perps: 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, 8 min ago	0.13 bp	6.2 bp −$6	10.7 bp −$107	36.2 bp −$3,625	doesn't fit
Sell Ondo Perps no order-book sample	—	—	—	—	—

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	−0.0608%	4h	376.65	−0.020%	$398K	$1.0M	10x	as long as short
Aster TSLAUSDT	0.0000%	8h	376.43	−0.079%	$575K	$200K	50x	as long as short
Bybit TSLAUSDT	0.0000%	8h	376.71	−0.003%	$10.2M	$15.3M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	376.60	−0.032%	$11.2M	$16.8M	25x	as long as short
Gate TSLA_USDT	0.0000%	8h	376.62	−0.027%	$2.3M	$3.5M	100x	as long as short
Bitget TSLAUSDT	0.0000%	8h	376.64	−0.022%	$17.2M	$22.8M	100x	as long as short
StandX TSLA-USD	0.0000%	1h	376.41	−0.083%	$200K	$922K	20x	as long as short
Phemex TSLAUSDT	0.0000%	4h	376.69	−0.009%	$1.1M	$14K	10x	as long as short
Aftermath Perps TSLAUSD	+0.0031%	1h	376.54	−0.047%	$38K	$37K	10x	as long as short
Lighter RH TSLA	+0.0032%	1h	376.62	−0.027%	$1.3M	$2.5M	20x	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	+0.0036%	8h	376.58	−0.037%	$1.9M	$1.3M	—	as long as short
Arcus TSLA-USD	+0.0040%	1h	376.47	−0.067%	$135K	$108K	10x	as long as short
BloFin TSLA-USDT	+0.0045%	8h	376.74	+0.005%	$577K	$356K	20x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	376.57	−0.040%	—	$119K	25x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	376.42	−0.080%	$44.6M	$14.9M	20x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	376.46	−0.070%	$301K	$304K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	376.63	−0.024%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.Pshort	+0.0050%	1h	376.27	−0.120%	$1.6M	$1.1M	10x
Extended TSLA_24_5-USD	+0.0064%	1h	376.62	−0.027%	$480K	$2.7M	10x	as long as short
Binance TSLAUSDTlong	+0.0066%	8h	376.72	long leg	$47.1M	$113.5M	25x
QFEX TSLA-USD	+0.0067%	1h	376.54	−0.048%	$1.2M	$6.2M	10x	as long as short
Pacifica TSLA	+0.0100%	1h	376.30	−0.113%	$390K	$37K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	376.44	−0.075%	$1.5M	$335K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	376.39	−0.088%	$4K	$62K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	376.35	−0.099%	$41K	$23K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	376.63	−0.024%	$746	—	10x	as long as short
Hotstuff TSLA-PERP	+0.0112%	1h	376.44	−0.075%	$34K	—	20x	as long as short
Lighter TSLA	+0.0168%	1h	376.64	−0.022%	$822K	$3.7M	20x	as long as short
Coinbase International TSLA-PERP-INTX	+0.0176%	1h	375.69	−0.274%	$505K	$350K	10x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	379.80	+0.817%	$79K	$36K	30x	as long as short
RISEx TSLA/USDC	+0.0257%	1h	376.74	+0.003%	$215K	$651K	20x	as long as short
Bullet TSLA-USD	+0.0266%	1h	376.64	−0.022%	$6K	$91K	10x	as long as short
GRVT TSLA_USDT_Perp	+0.0278%	8h	376.78	+0.015%	$851K	$2.8M	10x	as long as short
Nado TSLA-PERP	+0.0282%	1h	376.36	−0.095%	$489K	$111K	20x	as long as short
Deribit TSLA_USDC-PERPETUAL	+0.0388%	1h	376.59	−0.035%	$18K	$195K	10x	as long as short
Phoenix TSLA	+0.0404%	1h	376.85	+0.034%	$1.3M	$525K	20x	as long as short