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 +0.001%

Price spread now: Deribit against Binance−0.047%7-day average −0.023% · 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−$27as in the Price arb table

costs, in and out, $10k−$240.241% of the position

Long on Binance 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)−0.006%−$1 · spread now −0.047%, 7d avg −0.023%

Together, before fees+0.162%+$16 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Deribit is 0.024% cheaper against Binance than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of −0.023%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance TSLAUSDT	376.55	0	get 0.0000% / 8h	4h 14m	$47.3M	$111.1M	25x
Short	Deribit TSLA_USDC-PERPETUAL	376.37	0	get 0.0000% / 1h	14m 13s	$20K	$189K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit against Binance. 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 BinancebpFee DeribitbpOrdersPrice spread, now −0.047%Rate

Funding earned: $0
Price spread: −0.047% → −0.023%: −$2.41
Slippage, 4 orders: −$7.11
Fee Binance: 5 bp × 2 orders: −$10
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$26.52
Costs to cover: 0.241%
Break-even: never at this rate

Slippage from Binance: live order book, 14 min ago; Deribit: live order book, 44 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 Binance live order book, 14 min ago	0.13 bp	5.4 bp −$5	7.6 bp −$76	24.0 bp −$2,402	doesn't fit
Sell Deribit live order book, 44 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	−0.0517%	4h	376.56	+0.002%	$398K	$1.0M	10x	as long as short
Aster TSLAUSDT	0.0000%	8h	376.60	+0.014%	$577K	$196K	50x	as long as short
Extended TSLA_24_5-USD	0.0000%	1h	376.46	−0.024%	$481K	$3.5M	10x	as long as short
Binance TSLAUSDTlong	0.0000%	8h	376.55	long leg	$47.3M	$111.1M	25x
Bybit TSLAUSDT	0.0000%	8h	376.62	+0.019%	$10.3M	$15.4M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	376.55	0.000%	$11.3M	$16.9M	25x	as long as short
RISEx TSLA/USDC	0.0000%	1h	376.61	+0.015%	$290K	$587K	20x	as long as short
Bitget TSLAUSDT	0.0000%	8h	376.52	−0.008%	$17.0M	$23.0M	100x	as long as short
Variational Omni TSLA	0.0000%	8h	376.50	−0.013%	$1.9M	$1.4M	—	as long as short
StandX TSLA-USD	0.0000%	1h	376.58	+0.008%	$200K	$907K	20x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit TSLA_USDC-PERPETUALshort	0.0000%	1h	376.37	−0.047%	$20K	$189K	10x
Phemex TSLAUSDT	0.0000%	4h	376.58	+0.008%	$1.1M	$14K	10x	as long as short
BloFin TSLA-USDT	+0.0012%	8h	376.62	+0.019%	$578K	$352K	20x	as long as short
Aftermath Perps TSLAUSD	+0.0017%	1h	376.52	−0.009%	$38K	$41K	10x	as long as short
Hotstuff TSLA-PERP	+0.0024%	1h	376.31	−0.063%	$34K	—	20x	as long as short
Lighter TSLA	+0.0032%	1h	376.53	−0.005%	$815K	$3.6M	20x	as long as short
Lighter RH TSLA	+0.0032%	1h	376.52	−0.008%	$1.2M	$2.6M	20x	as long as short
QFEX TSLA-USD	+0.0038%	1h	376.51	−0.010%	$1.2M	$6.5M	10x	as long as short
Arcus TSLA-USD	+0.0040%	1h	376.40	−0.040%	$133K	$106K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	376.53	−0.005%	—	$130K	25x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	376.30	−0.066%	$44.3M	$14.4M	20x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	376.38	−0.045%	$301K	$309K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	376.48	−0.018%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	376.20	−0.093%	$1.6M	$1.1M	10x	as long as short
Bullet TSLA-USD	+0.0051%	1h	376.59	+0.010%	$4K	$91K	10x	as long as short
GRVT TSLA_USDT_Perp	+0.0056%	8h	376.67	+0.032%	$854K	$2.8M	10x	as long as short
Coinbase International TSLA-PERP-INTX	+0.0056%	1h	376.45	−0.026%	$512K	$330K	10x	as long as short
Gate TSLA_USDT	+0.0073%	8h	376.54	−0.002%	$2.3M	$3.6M	100x	as long as short
Pacifica TSLA	+0.0100%	1h	376.40	−0.040%	$390K	$38K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	376.47	−0.021%	$1.5M	$105K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	376.43	−0.032%	$4K	$62K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	376.37	−0.047%	$41K	$23K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	376.47	−0.020%	$745	—	10x	as long as short
Nado TSLA-PERP	+0.0148%	1h	376.40	−0.039%	$489K	$112K	20x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	377.69	+0.303%	$79K	$36K	30x	as long as short
Phoenix TSLA	+0.0255%	1h	376.75	+0.053%	$1.3M	$539K	20x	as long as short