Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0283%/8h= +31.0% APRpaid last 24h +0.008%

Price spread now: Deribit against Bitget−0.021%7-day average −0.033% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$29as in the Price arb table

costs, in and out, $10k−$300.299% of the position

Long on Bitget Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)+0.168%+$17 on $10k

Price spread, last 4 days (all we have)−0.024%−$2 · spread now −0.021%, 7d avg −0.033%

Together, before fees+0.144%+$14 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.033%, so right now this pair is about funding alone: +$8 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget TSLAUSDT	375.72	0	get 0.0000% / 8h	1h 19m	$17.1M	$22.8M	100x
Short	Deribit TSLA_USDC-PERPETUAL	375.64	0.0283	get 0.0035% / 1h	19m 57s	$18K	$194K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit against Bitget. 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 BitgetbpFee DeribitbpOrdersPrice spread, now −0.021%Rate

Funding earned: $59.37
Price spread: −0.021% → −0.033%: $1.13
Slippage, 4 orders: −$10.86
Fee Bitget: 6 bp × 2 orders: −$12
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: $30.64
Costs to cover: 0.299%
Break-even: 3.4 days

Slippage from Bitget: live order book, 4 min ago; Deribit: live order book, 24 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 Bitget live order book, 4 min ago	0.27 bp	7.5 bp −$8	11.4 bp −$114	doesn't fit	doesn't fit
Sell Deribit live order book, 24 min ago	3.73 bp	7.2 bp −$7	8.4 bp −$84	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	−0.0831%	4h	375.77	+0.013%	$397K	$1.0M	10x	as long as short
BloFin TSLA-USDT	−0.0021%	8h	375.83	+0.029%	$577K	$356K	20x	as long as short
Aster TSLAUSDT	0.0000%	8h	375.88	+0.044%	$574K	$199K	50x	as long as short
Extended TSLA_24_5-USD	0.0000%	1h	375.71	−0.003%	$481K	$2.7M	10x	as long as short
Bybit TSLAUSDT	0.0000%	8h	375.77	+0.013%	$10.2M	$15.4M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	375.71	−0.003%	$11.2M	$16.9M	25x	as long as short
Hotstuff TSLA-PERP	0.0000%	1h	375.49	−0.061%	$34K	—	20x	as long as short
Gate TSLA_USDT	0.0000%	8h	375.83	+0.029%	$2.3M	$3.5M	100x	as long as short
Bitget TSLAUSDTlong	0.0000%	8h	375.72	long leg	$17.1M	$22.8M	100x
Variational Omni TSLA	0.0000%	8h	375.77	+0.013%	$1.9M	$1.3M	—	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
StandX TSLA-USD	0.0000%	1h	375.86	+0.037%	$199K	$918K	20x	as long as short
Phemex TSLAUSDT	0.0000%	4h	375.81	+0.024%	$1.1M	$14K	10x	as long as short
Binance TSLAUSDT	+0.0001%	8h	375.79	+0.019%	$47.1M	$113.5M	25x	as long as short
Aftermath Perps TSLAUSD	+0.0028%	1h	375.66	−0.015%	$38K	$38K	10x	as long as short
Lighter RH TSLA	+0.0032%	1h	375.70	−0.005%	$1.3M	$2.5M	20x	as long as short
Arcus TSLA-USD	+0.0040%	1h	375.59	−0.035%	$135K	$108K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	375.66	−0.016%	—	$119K	25x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	375.46	−0.069%	$44.5M	$14.9M	20x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	375.70	−0.005%	$300K	$304K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	375.69	−0.008%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	375.40	−0.085%	$1.6M	$1.1M	10x	as long as short
QFEX TSLA-USD	+0.0052%	1h	375.78	+0.016%	$1.2M	$6.2M	10x	as long as short
Pacifica TSLA	+0.0100%	1h	375.65	−0.019%	$389K	$37K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	375.54	−0.048%	$1.4M	$107K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	375.47	−0.067%	$4K	$61K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	375.48	−0.064%	$41K	$23K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	375.77	+0.012%	$744	—	10x	as long as short
Coinbase International TSLA-PERP-INTX	+0.0136%	1h	375.69	−0.008%	$505K	$350K	10x	as long as short
RISEx TSLA/USDC	+0.0138%	1h	375.85	+0.035%	$214K	$639K	20x	as long as short
Lighter TSLA	+0.0184%	1h	375.74	+0.005%	$820K	$3.7M	20x	as long as short
GRVT TSLA_USDT_Perp	+0.0220%	8h	375.90	+0.047%	$846K	$2.8M	10x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	379.56	+1.022%	$79K	$36K	30x	as long as short
Bullet TSLA-USD	+0.0253%	1h	375.85	+0.033%	$5K	$91K	10x	as long as short
Deribit TSLA_USDC-PERPETUALshort	+0.0283%	1h	375.64	−0.021%	$18K	$194K	10x
Nado TSLA-PERP	+0.0297%	1h	375.49	−0.061%	$488K	$111K	20x	as long as short
Phoenix TSLA	+0.0318%	1h	375.85	+0.035%	$1.3M	$528K	20x	as long as short