Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0030%/8h= −3.3% APRpaid last 24h −0.004%

Price spread now: Binance against tradeXYZ+0.061%7-day average +0.064% · you sell dearer than you buy

Net, funding: paid 7d − costs−$41as in the Funding arb table

Net, price: spread back to 7d avg − costs−$32as in the Price arb table

costs, in and out, $10k−$320.322% of the position

Long on tradeXYZ Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.091%−$9 on $10k

Price spread, last 2 days (all we have)+0.020%+$2 · spread now +0.061%, 7d avg +0.064%

Together, before fees−0.071%+ Points / potential airdroptradeXYZ: Active · farm board−$7 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.064%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	tradeXYZ xyz:TSLA	376.50	0.0030	pay 0.0004% / 1h	59m 11s	$44.3M	$14.2M	20x
Short	Binance TSLAUSDT	376.73	0	get 0.0000% / 8h	6h 59m	$47.1M	$109.5M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against tradeXYZ. 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 tradeXYZbpFee BinancebpOrdersPrice spread, now +0.061%Rate

Funding earned: −$6.38
Price spread: +0.061% → +0.064%: −$0.27
Slippage, 4 orders: −$4.2
Fee tradeXYZ: 9 bp × 2 orders: −$18
Fee Binance: 5 bp × 2 orders: −$10
Net: −$38.85
Costs to cover: 0.322%
Break-even: never at this rate

Slippage from tradeXYZ: live order book, 10 min ago; Binance: live order book, 14 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 tradeXYZ live order book, 10 min ago	0.66 bp	10.0 bp −$10	10.9 bp −$109	doesn't fit	doesn't fit
Sell Binance live order book, 14 min ago	0.27 bp	6.4 bp −$6	9.5 bp −$95	29.1 bp −$2,911	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	−0.0868%	4h	376.68	+0.047%	$398K	$1.0M	10x	as long as short
Coinbase International TSLA-PERP-INTX	−0.0016%	1h	375.11	−0.369%	$529K	$307K	10x	as long as short
Aster TSLAUSDT	0.0000%	8h	376.72	+0.059%	$577K	$195K	50x	as long as short
Extended TSLA_24_5-USD	0.0000%	1h	376.67	+0.044%	$482K	$10.8M	10x	as long as short
Binance TSLAUSDTshort	0.0000%	8h	376.73	+0.061%	$47.1M	$109.5M	25x
Bybit TSLAUSDT	0.0000%	8h	376.72	+0.058%	$10.2M	$15.5M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	376.67	+0.045%	$11.2M	$16.6M	25x	as long as short
RISEx TSLA/USDC	0.0000%	1h	376.83	+0.089%	$292K	$598K	20x	as long as short
Gate TSLA_USDT	0.0000%	8h	376.71	+0.056%	$2.3M	$3.8M	100x	as long as short
Bitget TSLAUSDT	0.0000%	8h	376.70	+0.053%	$16.9M	$22.7M	100x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni TSLA	0.0000%	8h	376.87	+0.098%	$1.9M	$1.3M	—	as long as short
StandX TSLA-USD	0.0000%	1h	376.98	+0.127%	$200K	$905K	20x	as long as short
Bullet TSLA-USD	0.0000%	1h	376.78	+0.075%	$6K	$92K	10x	as long as short
Deribit TSLA_USDC-PERPETUAL	0.0000%	1h	376.66	+0.042%	$20K	$186K	10x	as long as short
Phemex TSLAUSDT	0.0000%	4h	376.70	+0.053%	$1.1M	$13K	10x	as long as short
Aftermath Perps TSLAUSD	+0.0009%	1h	376.62	+0.031%	$38K	$46K	10x	as long as short
Hotstuff TSLA-PERP	+0.0024%	1h	376.67	+0.045%	$34K	—	20x	as long as short
BloFin TSLA-USDT	+0.0026%	8h	376.75	+0.066%	$573K	$340K	20x	as long as short
QFEX TSLA-USD	+0.0028%	1h	376.71	+0.056%	$1.2M	$6.9M	10x	as long as short
tradeXYZ xyz:TSLAlong	+0.0030%	1h	376.50	long leg	$44.3M	$14.2M	20x
Lighter TSLA	+0.0032%	1h	376.77	+0.072%	$831K	$3.5M	20x	as long as short
Lighter RH TSLA	+0.0032%	1h	376.79	+0.077%	$1.2M	$2.6M	20x	as long as short
Arcus TSLA-USD	+0.0040%	1h	376.74	+0.064%	$163K	$93K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	376.88	+0.101%	—	$133K	25x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	376.57	+0.019%	$301K	$310K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	376.65	+0.040%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	376.74	+0.064%	$1.5M	$1.1M	10x	as long as short
Pacifica TSLA	+0.0100%	1h	376.67	+0.045%	$390K	$38K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	376.51	+0.003%	$1.5M	$106K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	376.60	+0.027%	$4K	$61K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	376.69	+0.050%	$41K	$20K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	376.66	+0.044%	$746	—	10x	as long as short
Nado TSLA-PERP	+0.0126%	1h	376.88	+0.100%	$490K	$112K	20x	as long as short
GRVT TSLA_USDT_Perp	+0.0201%	8h	377.05	+0.146%	$851K	$2.7M	10x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	377.21	+0.189%	$78K	$36K	30x	as long as short
Phoenix TSLA	+0.0277%	1h	377.02	+0.138%	$1.3M	$535K	20x	as long as short