Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0074%/8h= +8.1% APRpaid last 24h +0.017%

Price spread now: Pacifica against Binance−0.108%7-day average −0.045% · you buy dearer than you sell

Net, funding: paid 7d − costs−$18as in the Funding arb table

Net, price: spread back to 7d avg − costs−$40as in the Price arb table

costs, in and out, $10k−$340.339% of the position

Long on Binance Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 7 days+0.157%+$16 on $10k

Price spread, last 4 days (all we have)+0.035%+$4 · spread now −0.108%, 7d avg −0.045%

Together, before fees+0.193%+ Points / potential airdropPacifica: Active · farm board+$19 on $10k · with fees, hour by hour

Funding pays, the price is against you. Pacifica is 0.063% cheaper against Binance than usual: you would sell low and buy high (spread −0.108% now, against its 7-day average of −0.045%). If the spread goes back, that is −$6 on $10k: about 2.8 days of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance TSLAUSDT	376.07	0.0026	pay 0.0026% / 8h	1h 00m	$47.1M	$113.4M	25x
Short	Pacifica TSLA	375.66	0.0100	get 0.0013% / 1h	0m 14s	$389K	$37K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica 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 PacificabpOrdersPrice spread, now −0.108%Rate

Funding earned: $15.61
Price spread: −0.108% → −0.045%: −$6.3
Slippage, 4 orders: −$15.92
Fee Binance: 5 bp × 2 orders: −$10
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$24.61
Costs to cover: 0.339%
Break-even: 18.0 days

Slippage from Binance: live order book, 13 min ago; Pacifica: live order book, 43 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, 13 min ago	0.13 bp	5.1 bp −$5	7.4 bp −$74	30.0 bp −$3,005	doesn't fit
Sell Pacifica live order book, 43 min ago	2.80 bp	16.0 bp −$16	doesn't fit	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	−0.0756%	4h	375.78	−0.076%	$397K	$1.0M	10x	as long as short
Hotstuff TSLA-PERP	−0.0016%	1h	375.60	−0.125%	$34K	—	20x	as long as short
Aster TSLAUSDT	0.0000%	8h	376.05	−0.005%	$574K	$200K	50x	as long as short
Bybit TSLAUSDT	0.0000%	8h	376.01	−0.016%	$10.2M	$15.3M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	376.03	−0.010%	$11.2M	$16.9M	25x	as long as short
Gate TSLA_USDT	0.0000%	8h	376.09	+0.005%	$2.3M	$3.6M	100x	as long as short
Bitget TSLAUSDT	0.0000%	8h	375.96	−0.029%	$17.2M	$22.7M	100x	as long as short
Variational Omni TSLA	0.0000%	8h	375.97	−0.027%	$1.9M	$1.3M	—	as long as short
StandX TSLA-USD	0.0000%	1h	376.02	−0.013%	$200K	$918K	20x	as long as short
Phemex TSLAUSDT	0.0000%	4h	376.00	−0.018%	$1.1M	$14K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin TSLA-USDT	+0.0010%	8h	376.05	−0.005%	$577K	$355K	20x	as long as short
Extended TSLA_24_5-USD	+0.0024%	1h	375.98	−0.024%	$480K	$2.8M	10x	as long as short
Binance TSLAUSDTlong	+0.0026%	8h	376.07	long leg	$47.1M	$113.4M	25x
Aftermath Perps TSLAUSD	+0.0030%	1h	375.72	−0.092%	$38K	$38K	10x	as long as short
Lighter RH TSLA	+0.0032%	1h	375.97	−0.026%	$1.3M	$2.5M	20x	as long as short
Arcus TSLA-USD	+0.0040%	1h	375.74	−0.088%	$135K	$108K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	375.90	−0.045%	—	$119K	25x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	375.74	−0.088%	$44.6M	$14.8M	20x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	375.80	−0.072%	$300K	$304K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	375.97	−0.026%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	375.62	−0.120%	$1.6M	$1.1M	10x	as long as short
QFEX TSLA-USD	+0.0052%	1h	375.91	−0.042%	$1.2M	$6.2M	10x	as long as short
Pacifica TSLAshort	+0.0100%	1h	375.66	−0.108%	$389K	$37K	10x
KuCoin TSLAUSDTM	+0.0100%	8h	375.80	−0.072%	$1.5M	$334K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	375.59	−0.127%	$4K	$61K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	375.92	−0.040%	$41K	$23K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	375.97	−0.027%	$744	—	10x	as long as short
Coinbase International TSLA-PERP-INTX	+0.0136%	1h	375.69	−0.101%	$505K	$350K	10x	as long as short
RISEx TSLA/USDC	+0.0138%	1h	376.05	−0.005%	$214K	$643K	20x	as long as short
Lighter TSLA	+0.0184%	1h	375.99	−0.021%	$821K	$3.7M	20x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	379.54	+0.923%	$79K	$37K	30x	as long as short
GRVT TSLA_USDT_Perp	+0.0243%	8h	375.93	−0.037%	$846K	$2.8M	10x	as long as short
Bullet TSLA-USD	+0.0263%	1h	376.07	0.000%	$6K	$90K	10x	as long as short
Nado TSLA-PERP	+0.0285%	1h	375.70	−0.098%	$488K	$111K	20x	as long as short
Phoenix TSLA	+0.0318%	1h	375.90	−0.045%	$1.3M	$528K	20x	as long as short
Deribit TSLA_USDC-PERPETUAL	+0.0442%	1h	375.99	−0.021%	$18K	$194K	10x	as long as short