Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0071%/8h= +7.8% APRpaid last 24h +0.045%

Price spread now: Gate against Deribit+0.040%7-day average +0.042% · 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−$40as in the Price arb table

costs, in and out, $10k−$400.399% of the position

Long on Deribit Short on Gate

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)−0.096%−$10 on $10k

Price spread, last 4 days (all we have)+0.077%+$8 · spread now +0.040%, 7d avg +0.042%

Together, before fees−0.020%−$2 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.042%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate. Mind the row above: over the last 5 days funding on this pair cost −0.096%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit TSLA_USDC-PERPETUAL	376.37	0	get 0.0000% / 1h	13m 40s	$20K	$189K	10x
Short	Gate TSLA_USDT	376.52	0.0071	get 0.0071% / 8h	4h 13m	$2.3M	$3.6M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now +0.040%Rate

Funding earned: $14.91
Price spread: +0.040% → +0.042%: −$0.23
Slippage, 4 orders: −$17.94
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$25.26
Costs to cover: 0.399%
Break-even: 18.9 days

Slippage from Deribit: live order book, 45 min ago; Gate: live order book, 4 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, 45 min ago	0.13 bp	9.2 bp −$9	10.7 bp −$107	doesn't fit	doesn't fit
Sell Gate live order book, 4 min ago	0.53 bp	12.2 bp −$12	22.4 bp −$224	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	−0.0790%	4h	376.49	+0.031%	$398K	$1.0M	10x	as long as short
Aster TSLAUSDT	0.0000%	8h	376.54	+0.046%	$577K	$196K	50x	as long as short
Extended TSLA_24_5-USD	0.0000%	1h	376.39	+0.006%	$481K	$3.5M	10x	as long as short
Binance TSLAUSDT	0.0000%	8h	376.49	+0.032%	$47.3M	$111.1M	25x	as long as short
Bybit TSLAUSDT	0.0000%	8h	376.54	+0.045%	$10.3M	$15.4M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	376.54	+0.045%	$11.3M	$16.9M	25x	as long as short
RISEx TSLA/USDC	0.0000%	1h	376.52	+0.040%	$290K	$587K	20x	as long as short
Hotstuff TSLA-PERP	0.0000%	1h	376.28	−0.024%	$34K	—	20x	as long as short
Bitget TSLAUSDT	0.0000%	8h	376.49	+0.032%	$17.0M	$23.0M	100x	as long as short
Variational Omni TSLA	0.0000%	8h	376.50	+0.034%	$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	376.58	+0.056%	$200K	$907K	20x	as long as short
Deribit TSLA_USDC-PERPETUALlong	0.0000%	1h	376.37	long leg	$20K	$189K	10x
Phemex TSLAUSDT	0.0000%	4h	376.58	+0.056%	$1.1M	$14K	10x	as long as short
BloFin TSLA-USDT	+0.0012%	8h	376.62	+0.066%	$578K	$352K	20x	as long as short
Aftermath Perps TSLAUSD	+0.0017%	1h	376.52	+0.039%	$38K	$41K	10x	as long as short
Lighter TSLA	+0.0032%	1h	376.48	+0.029%	$815K	$3.6M	20x	as long as short
Lighter RH TSLA	+0.0032%	1h	376.47	+0.027%	$1.2M	$2.6M	20x	as long as short
QFEX TSLA-USD	+0.0038%	1h	376.43	+0.016%	$1.2M	$6.5M	10x	as long as short
Arcus TSLA-USD	+0.0040%	1h	376.38	+0.003%	$133K	$106K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	376.53	+0.043%	—	$130K	25x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	376.22	−0.040%	$44.3M	$14.5M	20x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	376.38	+0.003%	$301K	$309K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	376.48	+0.029%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	376.20	−0.045%	$1.6M	$1.1M	10x	as long as short
Bullet TSLA-USD	+0.0051%	1h	376.59	+0.058%	$4K	$91K	10x	as long as short
GRVT TSLA_USDT_Perp	+0.0056%	8h	376.67	+0.080%	$854K	$2.8M	10x	as long as short
Coinbase International TSLA-PERP-INTX	+0.0056%	1h	376.45	+0.021%	$512K	$330K	10x	as long as short
Gate TSLA_USDTshort	+0.0071%	8h	376.52	+0.040%	$2.3M	$3.6M	100x
Pacifica TSLA	+0.0100%	1h	376.44	+0.019%	$390K	$38K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	376.39	+0.005%	$1.5M	$105K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	376.43	+0.016%	$4K	$62K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	376.37	0.000%	$41K	$23K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	376.47	+0.028%	$745	—	10x	as long as short
Nado TSLA-PERP	+0.0148%	1h	376.40	+0.009%	$489K	$112K	20x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	377.69	+0.351%	$79K	$36K	30x	as long as short
Phoenix TSLA	+0.0255%	1h	376.75	+0.101%	$1.3M	$539K	20x	as long as short