Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.020%

Price spread now: KuCoin against Deribit−0.021%7-day average −0.018% · 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−$82as in the Price arb table

costs, in and out, $10k−$820.816% of the position

Long on Deribit Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)−0.110%−$11 on $10k

Price spread, last 4 days (all we have)+0.128%+$13 · spread now −0.021%, 7d avg −0.018%

Together, before fees+0.018%+$2 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.018%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate. Mind the row above: over the last 5 days funding on this pair cost −0.110%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit TSLA_USDC-PERPETUAL	375.38	0	get 0.0000% / 1h	20m 45s	$18K	$191K	10x
Short	KuCoin TSLAUSDTM	375.30	0.0100	get 0.0100% / 8h	7h 20m	$1.5M	$2.5M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now −0.021%Rate

Funding earned: $21
Price spread: −0.021% → −0.018%: −$0.31
Slippage, 4 orders: −$62.57
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$60.89
Costs to cover: 0.816%
Break-even: 27.3 days

Slippage from Deribit: live order book, 13 min ago; KuCoin: live order book, 6 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, 13 min ago	4.40 bp	7.9 bp −$8	8.8 bp −$88	doesn't fit	doesn't fit
Sell KuCoin live order book, 6 min ago	3.34 bp	37.3 bp −$37	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
Hotstuff TSLA-PERP	−0.1600%	1h	375.37	−0.003%	$34K	—	20x	as long as short
edgeX TSLAUSDC	−0.0320%	4h	375.34	−0.011%	$395K	$1.1M	10x	as long as short
Aster TSLAUSDT	0.0000%	8h	375.22	−0.043%	$573K	$200K	50x	as long as short
Bybit TSLAUSDT	0.0000%	8h	375.54	+0.043%	$10.1M	$15.4M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	375.65	+0.072%	$11.2M	$16.9M	25x	as long as short
Gate TSLA_USDT	0.0000%	8h	375.59	+0.056%	$2.3M	$3.3M	100x	as long as short
Bitget TSLAUSDT	0.0000%	8h	375.55	+0.045%	$17.3M	$23.4M	100x	as long as short
GRVT TSLA_USDT_Perp	0.0000%	8h	375.38	−0.001%	$845K	$2.9M	10x	as long as short
StandX TSLA-USD	0.0000%	1h	375.58	+0.053%	$199K	$954K	20x	as long as short
Deribit TSLA_USDC-PERPETUALlong	0.0000%	1h	375.38	long leg	$18K	$191K	10x

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex TSLAUSDT	0.0000%	4h	375.60	+0.059%	$1.1M	$15K	10x	as long as short
Aftermath Perps TSLAUSD	+0.0027%	1h	374.93	−0.121%	$38K	$36K	10x	as long as short
Variational Omni TSLA	+0.0030%	8h	375.62	+0.064%	$1.7M	$1.4M	—	as long as short
Lighter TSLA	+0.0032%	1h	375.47	+0.024%	$804K	$3.7M	20x	as long as short
Lighter RH TSLA	+0.0032%	1h	375.47	+0.024%	$1.2M	$2.5M	20x	as long as short
Arcus TSLA-USD	+0.0040%	1h	375.40	+0.005%	$134K	$106K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	375.59	+0.056%	—	$126K	25x	as long as short
QFEX TSLA-USD	+0.0048%	1h	375.55	+0.045%	$1.2M	$6.2M	10x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	375.25	−0.035%	$44.5M	$14.8M	20x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	375.50	+0.032%	$300K	$161K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	375.59	+0.056%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	375.41	+0.008%	$1.5M	$1.1M	10x	as long as short
Binance TSLAUSDT	+0.0056%	8h	375.65	+0.073%	$47.1M	$115.3M	25x	as long as short
Extended TSLA_24_5-USD	+0.0056%	1h	375.55	+0.045%	$478K	$2.7M	10x	as long as short
BloFin TSLA-USDT	+0.0062%	8h	375.66	+0.075%	$583K	$360K	20x	as long as short
Bullet TSLA-USD	+0.0098%	1h	375.69	+0.083%	$6K	$92K	10x	as long as short
Pacifica TSLA	+0.0100%	1h	375.27	−0.029%	$389K	$36K	10x	as long as short
KuCoin TSLAUSDTMshort	+0.0100%	8h	375.30	−0.021%	$1.5M	$2.5M	20x
ApeX Omni TSLAUSDT	+0.0100%	1h	375.08	−0.080%	$4K	$62K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	375.60	+0.059%	$41K	$23K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	375.54	+0.044%	$744	—	10x	as long as short
Coinbase International TSLA-PERP-INTX	+0.0160%	1h	375.25	−0.035%	$507K	$364K	10x	as long as short
Nado TSLA-PERP	+0.0177%	1h	375.47	+0.024%	$498K	$112K	20x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	379.64	+1.135%	$79K	$37K	30x	as long as short
RISEx TSLA/USDC	+0.0290%	1h	375.57	+0.052%	$214K	$655K	20x	as long as short
Phoenix TSLA	+0.0404%	1h	375.28	−0.027%	$1.3M	$507K	20x	as long as short