Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0067%/8h= −7.4% APRpaid last 24h −0.001%

Price spread now: BloFin against Deribit+0.011%57s7-day average +0.029% · 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—prices read too far apart to compare

costs, in and out, $10k−$290.286% of the position

Long on Deribit Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)−0.119%−$12 on $10k

Price spread, last 4 days (all we have)+0.023%+$2 · spread now +0.011%, 7d avg +0.029%

Together, before fees−0.096%−$10 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.029%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate. The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit TSLA_USDC-PERPETUAL	375.82	0.0043	pay 0.0005% / 1h	24m 12s	$18K	$193K	10x
Short	BloFin TSLA-USDT	375.86	−0.0024	pay 0.0024% / 8h	2h 24m	$575K	$354K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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 BloFinbpOrdersPrice spread, now +0.011%Rate

Funding earned: −$14.11
Price spread: +0.011% → +0.029%: −$1.82
Slippage, 4 orders: −$9.6
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$44.53
Costs to cover: 0.286%
Break-even: never at this rate

Slippage from Deribit: live order book, 24 min ago; BloFin: live order book, 67 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, 24 min ago	0.13 bp	3.6 bp −$4	4.2 bp −$42	doesn't fit	doesn't fit
Sell BloFin live order book, 67 min ago	0.13 bp	7.2 bp −$7	9.3 bp −$93	22.3 bp −$2,232	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	−0.0460%	4h	375.66	−0.043%	$397K	$1.0M	10x	as long as short
BloFin TSLA-USDTshort	−0.0024%	8h	375.86	+0.011%	$575K	$354K	20x
Aster TSLAUSDT	0.0000%	8h	375.92	+0.027%	$575K	$198K	50x	as long as short
Extended TSLA_24_5-USD	0.0000%	1h	375.82	+0.001%	$479K	$2.7M	10x	as long as short
Binance TSLAUSDT	0.0000%	8h	375.92	+0.026%	$47.0M	$112.8M	25x	as long as short
Bybit TSLAUSDT	0.0000%	8h	375.89	+0.019%	$10.2M	$15.4M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	375.89	+0.019%	$11.2M	$16.9M	25x	as long as short
Bitget TSLAUSDT	0.0000%	8h	375.86	+0.011%	$17.1M	$22.7M	100x	as long as short
Variational Omni TSLA	0.0000%	8h	375.75	−0.018%	$1.9M	$1.3M	—	as long as short
StandX TSLA-USD	0.0000%	1h	375.90	+0.021%	$199K	$917K	20x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex TSLAUSDT	0.0000%	4h	375.85	+0.008%	$1.1M	$14K	10x	as long as short
Gate TSLA_USDT	+0.0003%	8h	375.90	+0.021%	$2.3M	$3.5M	100x	as long as short
Aftermath Perps TSLAUSD	+0.0021%	1h	375.55	−0.071%	$38K	$39K	10x	as long as short
Lighter RH TSLA	+0.0032%	1h	375.84	+0.005%	$1.2M	$2.6M	20x	as long as short
Arcus TSLA-USD	+0.0040%	1h	375.51	−0.082%	$134K	$107K	10x	as long as short
Deribit TSLA_USDC-PERPETUALlong	+0.0043%	1h	375.82	long leg	$18K	$193K	10x
Vest TSLA-USD-PERP	+0.0046%	1h	375.87	+0.013%	—	$128K	25x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	375.66	−0.043%	$44.5M	$14.7M	20x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	375.77	−0.013%	$300K	$307K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	375.83	+0.003%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	375.59	−0.061%	$1.6M	$1.1M	10x	as long as short
QFEX TSLA-USD	+0.0052%	1h	375.87	+0.013%	$1.2M	$6.2M	10x	as long as short
RISEx TSLA/USDC	+0.0054%	1h	375.97	+0.040%	$217K	$618K	20x	as long as short
Hotstuff TSLA-PERP	+0.0088%	1h	375.65	−0.045%	$34K	—	20x	as long as short
Pacifica TSLA	+0.0100%	1h	375.72	−0.028%	$390K	$37K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	375.75	−0.019%	$1.5M	$108K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	375.56	−0.069%	$4K	$62K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	375.69	−0.035%	$41K	$23K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	375.84	+0.007%	$744	—	10x	as long as short
Lighter TSLA	+0.0112%	1h	375.88	+0.016%	$829K	$3.7M	20x	as long as short
Coinbase International TSLA-PERP-INTX	+0.0112%	1h	376.13	+0.082%	$511K	$337K	10x	as long as short
GRVT TSLA_USDT_Perp	+0.0161%	8h	375.74	−0.021%	$852K	$2.8M	10x	as long as short
Bullet TSLA-USD	+0.0163%	1h	375.95	+0.035%	$4K	$89K	10x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	379.54	+0.990%	$79K	$36K	30x	as long as short
Nado TSLA-PERP	+0.0244%	1h	375.76	−0.015%	$488K	$113K	20x	as long as short
Phoenix TSLA	+0.0298%	1h	375.92	+0.027%	$1.3M	$528K	20x	as long as short