Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.014%

Price spread now: Deribit against Bybit−0.042%7-day average −0.042% · 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−$26as in the Price arb table

costs, in and out, $10k−$260.264% of the position

Long on Bybit Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)+0.197%+$20 on $10k

Price spread, last 4 days (all we have)−0.023%−$2 · spread now −0.042%, 7d avg −0.042%

Together, before fees+0.173%+$17 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit TSLAUSDT	376.60	0	get 0.0000% / 8h	4h 36m	$10.3M	$15.4M	100x
Short	Deribit TSLA_USDC-PERPETUAL	376.44	0	get 0.0000% / 1h	36m 55s	$20K	$188K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit against Bybit. 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 BybitbpFee DeribitbpOrdersPrice spread, now −0.042%Rate

Funding earned: $0
Price spread: −0.042% → −0.042%: −$0.04
Slippage, 4 orders: −$8.45
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$26.49
Costs to cover: 0.264%
Break-even: never at this rate

Slippage from Bybit: live order book, 2 min ago; Deribit: live order book, 22 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 Bybit live order book, 2 min ago	0.13 bp	7.4 bp −$7	11.0 bp −$110	146.6 bp −$14.7K	doesn't fit
Sell Deribit live order book, 22 min ago	0.13 bp	3.6 bp −$4	5.4 bp −$54	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	−0.0679%	4h	376.60	+0.001%	$398K	$1.0M	10x	as long as short
Aster TSLAUSDT	0.0000%	8h	376.53	−0.018%	$577K	$196K	50x	as long as short
Extended TSLA_24_5-USD	0.0000%	1h	376.45	−0.041%	$481K	$4.6M	10x	as long as short
Binance TSLAUSDT	0.0000%	8h	376.55	−0.012%	$47.3M	$111.1M	25x	as long as short
Bybit TSLAUSDTlong	0.0000%	8h	376.60	long leg	$10.3M	$15.4M	100x
OKX TSLA-USDT-SWAP	0.0000%	8h	376.51	−0.024%	$11.2M	$16.9M	25x	as long as short
RISEx TSLA/USDC	0.0000%	1h	376.58	−0.004%	$290K	$587K	20x	as long as short
Hotstuff TSLA-PERP	0.0000%	1h	376.24	−0.096%	$34K	—	20x	as long as short
Bitget TSLAUSDT	0.0000%	8h	376.47	−0.035%	$17.0M	$23.1M	100x	as long as short
Variational Omni TSLA	0.0000%	8h	376.64	+0.009%	$1.9M	$1.4M	—	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	376.59	−0.003%	$200K	$907K	20x	as long as short
Deribit TSLA_USDC-PERPETUALshort	0.0000%	1h	376.44	−0.042%	$20K	$188K	10x
Phemex TSLAUSDT	0.0000%	4h	376.58	−0.005%	$1.1M	$14K	10x	as long as short
BloFin TSLA-USDT	+0.0017%	8h	376.61	+0.003%	$576K	$353K	20x	as long as short
Aftermath Perps TSLAUSD	+0.0017%	1h	376.50	−0.028%	$38K	$42K	10x	as long as short
Lighter TSLA	+0.0032%	1h	376.50	−0.027%	$816K	$3.6M	20x	as long as short
Lighter RH TSLA	+0.0032%	1h	376.50	−0.027%	$1.2M	$2.5M	20x	as long as short
QFEX TSLA-USD	+0.0038%	1h	376.46	−0.037%	$1.2M	$6.5M	10x	as long as short
Arcus TSLA-USD	+0.0040%	1h	376.37	−0.061%	$140K	$96K	10x	as long as short
Bullet TSLA-USD	+0.0043%	1h	376.56	−0.011%	$6K	$92K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	376.56	−0.011%	—	$130K	25x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	376.27	−0.088%	$44.3M	$14.4M	20x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	376.31	−0.077%	$301K	$309K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	376.44	−0.042%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	376.46	−0.037%	$1.6M	$1.1M	10x	as long as short
Coinbase International TSLA-PERP-INTX	+0.0056%	1h	376.45	−0.040%	$512K	$330K	10x	as long as short
GRVT TSLA_USDT_Perp	+0.0060%	8h	376.73	+0.034%	$845K	$2.8M	10x	as long as short
Gate TSLA_USDT	+0.0095%	8h	376.53	−0.019%	$2.3M	$3.6M	100x	as long as short
Pacifica TSLA	+0.0100%	1h	376.40	−0.052%	$390K	$38K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	376.44	−0.042%	$1.5M	$105K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	376.51	−0.024%	$4K	$62K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	376.37	−0.061%	$41K	$23K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	376.44	−0.043%	$745	—	10x	as long as short
Nado TSLA-PERP	+0.0144%	1h	376.42	−0.047%	$489K	$112K	20x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	377.69	+0.289%	$79K	$36K	30x	as long as short
Phoenix TSLA	+0.0255%	1h	376.81	+0.056%	$1.3M	$539K	20x	as long as short