Actually, you will also tear up the front diff, even though it is open. It should be OK for a short distance but once the spider gears in there are at work all the time because of the tire size/speed differential, it can be very hard on parts due to the heat generated. When you are going straight ahead, those gears don't do anything. Running the diff all the time will wear it out. The best answer is a like size spare. None of them are designed for constant load like you would have with a 315 on one side and a 265 on the other.