Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.003%

Price spread now: Binance against tradeXYZ+0.077%7-day average +0.082% · you sell dearer than you buy

Net, funding: paid 7d − costs−$38as in the Funding arb table

Net, price: spread back to 7d avg − costs−$30as in the Price arb table

costs, in and out, $10k−$290.294% of the position

Long on tradeXYZ Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.087%−$9 on $10k

Price spread, last 7 days−0.040%−$4 · spread now +0.077%, 7d avg +0.082%

Together, before fees−0.127%+ Points / potential airdroptradeXYZ: Active · farm board−$13 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.082%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	tradeXYZ xyz:TSLA	376.39	0.0050	pay 0.0006% / 1h	32m 42s	$44.3M	$14.4M	20x
Short	Binance TSLAUSDT	376.68	0	get 0.0000% / 8h	4h 32m	$47.3M	$111.2M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against tradeXYZ. 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 tradeXYZbpFee BinancebpOrdersPrice spread, now +0.077%Rate

Funding earned: −$10.5
Price spread: +0.077% → +0.082%: −$0.47
Slippage, 4 orders: −$1.43
Fee tradeXYZ: 9 bp × 2 orders: −$18
Fee Binance: 5 bp × 2 orders: −$10
Net: −$40.4
Costs to cover: 0.294%
Break-even: never at this rate

Slippage from tradeXYZ: live order book, 7 min ago; Binance: live order book, 10 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 tradeXYZ live order book, 7 min ago	0.13 bp	9.1 bp −$9	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 10 min ago	0.13 bp	5.8 bp −$6	9.5 bp −$95	27.2 bp −$2,719	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	−0.0753%	4h	376.62	+0.061%	$398K	$1.0M	10x	as long as short
BloFin TSLA-USDT	−0.0008%	8h	376.63	+0.064%	$576K	$353K	20x	as long as short
Aster TSLAUSDT	0.0000%	8h	376.71	+0.085%	$577K	$196K	50x	as long as short
Extended TSLA_24_5-USD	0.0000%	1h	376.58	+0.051%	$481K	$4.4M	10x	as long as short
Binance TSLAUSDTshort	0.0000%	8h	376.68	+0.077%	$47.3M	$111.2M	25x
Bybit TSLAUSDT	0.0000%	8h	376.78	+0.104%	$10.3M	$15.4M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	376.67	+0.074%	$11.2M	$16.9M	25x	as long as short
RISEx TSLA/USDC	0.0000%	1h	376.68	+0.077%	$290K	$587K	20x	as long as short
Bitget TSLAUSDT	0.0000%	8h	376.61	+0.058%	$17.0M	$23.1M	100x	as long as short
Variational Omni TSLA	0.0000%	8h	376.51	+0.032%	$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	376.61	+0.058%	$200K	$907K	20x	as long as short
Phemex TSLAUSDT	0.0000%	4h	376.66	+0.072%	$1.1M	$14K	10x	as long as short
Aftermath Perps TSLAUSD	+0.0017%	1h	376.50	+0.028%	$38K	$42K	10x	as long as short
Hotstuff TSLA-PERP	+0.0024%	1h	376.34	−0.013%	$34K	—	20x	as long as short
Lighter TSLA	+0.0032%	1h	376.64	+0.066%	$816K	$3.6M	20x	as long as short
Lighter RH TSLA	+0.0032%	1h	376.64	+0.066%	$1.2M	$2.5M	20x	as long as short
QFEX TSLA-USD	+0.0038%	1h	376.59	+0.053%	$1.2M	$6.5M	10x	as long as short
Arcus TSLA-USD	+0.0040%	1h	376.43	+0.011%	$140K	$96K	10x	as long as short
Bullet TSLA-USD	+0.0045%	1h	376.63	+0.064%	$5K	$92K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	376.61	+0.058%	—	$130K	25x	as long as short
tradeXYZ xyz:TSLAlong	+0.0050%	1h	376.39	long leg	$44.3M	$14.4M	20x
Polymarket Perps TSLA-USD	+0.0050%	1h	376.39	0.000%	$301K	$309K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	376.62	+0.061%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	376.43	+0.011%	$1.6M	$1.1M	10x	as long as short
GRVT TSLA_USDT_Perp	+0.0053%	8h	376.67	+0.075%	$844K	$2.8M	10x	as long as short
Coinbase International TSLA-PERP-INTX	+0.0056%	1h	376.45	+0.016%	$512K	$330K	10x	as long as short
Deribit TSLA_USDC-PERPETUAL	+0.0069%	1h	376.60	+0.056%	$20K	$188K	10x	as long as short
Gate TSLA_USDT	+0.0091%	8h	376.62	+0.061%	$2.3M	$3.6M	100x	as long as short
Pacifica TSLA	+0.0100%	1h	376.60	+0.056%	$390K	$38K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	376.53	+0.037%	$1.5M	$105K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	376.45	+0.016%	$4K	$62K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	376.48	+0.024%	$41K	$23K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	376.54	+0.039%	$746	—	10x	as long as short
Nado TSLA-PERP	+0.0146%	1h	376.50	+0.030%	$490K	$112K	20x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	377.69	+0.345%	$79K	$36K	30x	as long as short
Phoenix TSLA	+0.0255%	1h	376.70	+0.082%	$1.3M	$539K	20x	as long as short