Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.003%

Price spread now: tradeXYZ against Binance−0.098%7-day average −0.082% · you buy dearer than you sell

Net, funding: paid 7d − costs−$24as in the Funding arb table

Net, price: spread back to 7d avg − costs−$34as in the Price arb table

costs, in and out, $10k−$320.323% of the position

Long on Binance Short on tradeXYZ

What this pair did over the last

the charts below follow

Funding, last 7 days+0.086%+$9 on $10k

Price spread, last 7 days+0.062%+$6 · spread now −0.098%, 7d avg −0.082%

Together, before fees+0.148%+ Points / potential airdroptradeXYZ: Active · farm board+$15 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	Binance TSLAUSDT	376.65	0	get 0.0000% / 8h	2h 07m	$47.3M	$113.1M	25x
Short	tradeXYZ xyz:TSLA	376.28	0.0050	get 0.0006% / 1h	7m 25s	$44.6M	$14.8M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ 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 tradeXYZbpOrdersPrice spread, now −0.098%Rate

Funding earned: $10.5
Price spread: −0.098% → −0.082%: −$1.61
Slippage, 4 orders: −$4.33
Fee Binance: 5 bp × 2 orders: −$10
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: −$23.44
Costs to cover: 0.323%
Break-even: 22.6 days

Slippage from Binance: live order book, 5 min ago; tradeXYZ: live order book, 12 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, 5 min ago	0.13 bp	6.0 bp −$6	10.9 bp −$109	29.4 bp −$2,945	doesn't fit
Sell tradeXYZ live order book, 12 min ago	0.40 bp	10.1 bp −$10	11.8 bp −$118	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	−0.0502%	4h	376.58	−0.019%	$398K	$1.0M	10x	as long as short
Hotstuff TSLA-PERP	−0.0032%	1h	376.32	−0.088%	$34K	—	20x	as long as short
BloFin TSLA-USDT	−0.0024%	8h	376.58	−0.019%	$573K	$355K	20x	as long as short
Aster TSLAUSDT	0.0000%	8h	376.47	−0.047%	$575K	$199K	50x	as long as short
Extended TSLA_24_5-USD	0.0000%	1h	376.56	−0.024%	$479K	$2.7M	10x	as long as short
Binance TSLAUSDTlong	0.0000%	8h	376.65	long leg	$47.3M	$113.1M	25x
Bybit TSLAUSDT	0.0000%	8h	376.61	−0.011%	$10.2M	$15.4M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	376.62	−0.008%	$11.2M	$16.9M	25x	as long as short
Bitget TSLAUSDT	0.0000%	8h	376.58	−0.019%	$17.1M	$22.7M	100x	as long as short
Variational Omni TSLA	0.0000%	8h	376.63	−0.006%	$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	376.40	−0.066%	$200K	$917K	20x	as long as short
Phemex TSLAUSDT	0.0000%	4h	376.57	−0.021%	$1.1M	$14K	10x	as long as short
Gate TSLA_USDT	+0.0001%	8h	376.65	0.000%	$2.3M	$3.6M	100x	as long as short
Deribit TSLA_USDC-PERPETUAL	+0.0016%	1h	376.46	−0.050%	$18K	$193K	10x	as long as short
Aftermath Perps TSLAUSD	+0.0020%	1h	376.24	−0.109%	$38K	$39K	10x	as long as short
Lighter RH TSLA	+0.0032%	1h	376.53	−0.032%	$1.3M	$2.6M	20x	as long as short
Arcus TSLA-USD	+0.0040%	1h	376.28	−0.098%	$135K	$107K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	376.50	−0.040%	—	$125K	25x	as long as short
tradeXYZ xyz:TSLAshort	+0.0050%	1h	376.28	−0.098%	$44.6M	$14.8M	20x
Polymarket Perps TSLA-USD	+0.0050%	1h	376.42	−0.061%	$301K	$307K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	376.55	−0.027%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	376.22	−0.114%	$1.6M	$1.1M	10x	as long as short
QFEX TSLA-USD	+0.0052%	1h	376.56	−0.024%	$1.2M	$6.1M	10x	as long as short
RISEx TSLA/USDC	+0.0054%	1h	376.69	+0.011%	$217K	$618K	20x	as long as short
Pacifica TSLA	+0.0100%	1h	376.36	−0.077%	$390K	$36K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	376.28	−0.098%	$1.5M	$108K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	376.43	−0.058%	$4K	$62K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	376.33	−0.085%	$41K	$23K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	376.53	−0.032%	$746	—	10x	as long as short
Coinbase International TSLA-PERP-INTX	+0.0112%	1h	376.13	−0.138%	$511K	$337K	10x	as long as short
Lighter TSLA	+0.0128%	1h	376.56	−0.024%	$829K	$3.7M	20x	as long as short
GRVT TSLA_USDT_Perp	+0.0174%	8h	376.71	+0.016%	$855K	$2.8M	10x	as long as short
Bullet TSLA-USD	+0.0183%	1h	376.62	−0.007%	$4K	$90K	10x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	379.54	+0.767%	$79K	$36K	30x	as long as short
Nado TSLA-PERP	+0.0235%	1h	376.36	−0.076%	$488K	$110K	20x	as long as short
Phoenix TSLA	+0.0298%	1h	376.74	+0.024%	$1.3M	$528K	20x	as long as short