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: Bitget against Deribit+0.021%7-day average +0.033% · 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−$31as in the Price arb table

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

Long on Deribit Short on Bitget

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	Deribit TSLA_USDC-PERPETUAL	375.64	0.0283	pay 0.0035% / 1h	20m 17s	$18K	$194K	10x
Short	Bitget TSLAUSDT	375.72	0	get 0.0000% / 8h	1h 20m	$17.1M	$22.8M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Deribit. 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 DeribitbpFee BitgetbpOrdersPrice spread, now +0.021%Rate

Funding earned: −$59.37
Price spread: +0.021% → +0.033%: −$1.13
Slippage, 4 orders: −$10.86
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$90.35
Costs to cover: 0.299%
Break-even: never at this rate

Slippage from Deribit: live order book, 23 min ago; Bitget: live order book, 3 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 Deribit live order book, 23 min ago	3.73 bp	7.2 bp −$7	8.1 bp −$81	doesn't fit	doesn't fit
Sell Bitget live order book, 3 min ago	0.27 bp	7.9 bp −$8	11.1 bp −$111	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	+0.034%	$397K	$1.0M	10x	as long as short
BloFin TSLA-USDT	−0.0021%	8h	375.83	+0.051%	$577K	$356K	20x	as long as short
Aster TSLAUSDT	0.0000%	8h	375.87	+0.062%	$574K	$199K	50x	as long as short
Extended TSLA_24_5-USD	0.0000%	1h	375.75	+0.029%	$481K	$2.7M	10x	as long as short
Bybit TSLAUSDT	0.0000%	8h	375.77	+0.035%	$10.2M	$15.4M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	375.77	+0.035%	$11.2M	$16.9M	25x	as long as short
Hotstuff TSLA-PERP	0.0000%	1h	375.49	−0.040%	$34K	—	20x	as long as short
Gate TSLA_USDT	0.0000%	8h	375.85	+0.056%	$2.3M	$3.5M	100x	as long as short
Bitget TSLAUSDTshort	0.0000%	8h	375.72	+0.021%	$17.1M	$22.8M	100x
Variational Omni TSLA	0.0000%	8h	375.77	+0.034%	$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	+0.059%	$199K	$918K	20x	as long as short
Phemex TSLAUSDT	0.0000%	4h	375.81	+0.045%	$1.1M	$14K	10x	as long as short
Binance TSLAUSDT	+0.0001%	8h	375.83	+0.051%	$47.1M	$113.5M	25x	as long as short
Aftermath Perps TSLAUSD	+0.0028%	1h	375.66	+0.007%	$38K	$38K	10x	as long as short
Lighter RH TSLA	+0.0032%	1h	375.70	+0.016%	$1.3M	$2.5M	20x	as long as short
Arcus TSLA-USD	+0.0040%	1h	375.59	−0.013%	$135K	$108K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	375.66	+0.005%	—	$119K	25x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	375.51	−0.035%	$44.5M	$14.8M	20x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	375.70	+0.016%	$300K	$304K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	375.69	+0.013%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	375.40	−0.064%	$1.6M	$1.1M	10x	as long as short
QFEX TSLA-USD	+0.0052%	1h	375.78	+0.037%	$1.2M	$6.2M	10x	as long as short
Pacifica TSLA	+0.0100%	1h	375.65	+0.003%	$389K	$37K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	375.55	−0.024%	$1.4M	$107K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	375.47	−0.045%	$4K	$61K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	375.48	−0.043%	$41K	$23K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	375.77	+0.034%	$744	—	10x	as long as short
Coinbase International TSLA-PERP-INTX	+0.0136%	1h	375.69	+0.013%	$505K	$350K	10x	as long as short
RISEx TSLA/USDC	+0.0138%	1h	375.85	+0.056%	$214K	$639K	20x	as long as short
Lighter TSLA	+0.0184%	1h	375.74	+0.027%	$820K	$3.7M	20x	as long as short
GRVT TSLA_USDT_Perp	+0.0220%	8h	375.90	+0.068%	$846K	$2.8M	10x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	379.56	+1.044%	$79K	$36K	30x	as long as short
Bullet TSLA-USD	+0.0253%	1h	375.85	+0.055%	$5K	$91K	10x	as long as short
Deribit TSLA_USDC-PERPETUALlong	+0.0283%	1h	375.64	long leg	$18K	$194K	10x
Nado TSLA-PERP	+0.0297%	1h	375.49	−0.040%	$488K	$111K	20x	as long as short
Phoenix TSLA	+0.0318%	1h	375.85	+0.056%	$1.3M	$528K	20x	as long as short