Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0086%/8h= +9.4% APRpaid last 24h +0.009%

Price spread now: Orderly against Aftermath Perps−0.020%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Aftermath Perps Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. Orderly is 0.020% cheaper against Aftermath Perps than usual: you would sell low and buy high (spread −0.020% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$2 on $10k: about 19 hours of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aftermath Perps TSLAUSD	375.12	0.0014	pay 0.0002% / 1h	28m 22s	$38K	$49K	10x
Short	Orderly PERP_TSLA_USDC	375.04	0.0100	get 0.0100% / 8h	1h 28m	$41K	$20K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly against Aftermath Perps. 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 Aftermath PerpsbpFee OrderlybpOrdersPrice spread, now −0.020%Rate

Funding earned: $18.04
Price spread: −0.020% → 0.000%: −$2
Slippage, 4 orders: no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Fee Orderly: 3 bp × 2 orders: −$6
Net: $1.04
Costs to cover: 0.150%
Break-even: 6.6 days

Slippage unknown: Aftermath Perps: no order-book sample; Orderly: no order-book sample. Net counts fees only.

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 Aftermath Perps no order-book sample	—	—	—	—	—
Sell Orderly no order-book sample	—	—	—	—	—

Aftermath Perps and Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	−0.0752%	4h	375.18	+0.018%	$397K	$1.0M	10x	as long as short
BloFin TSLA-USDT	−0.0019%	8h	375.24	+0.033%	$569K	$341K	20x	as long as short
Aster TSLAUSDT	0.0000%	8h	375.26	+0.040%	$584K	$191K	50x	as long as short
Extended TSLA_24_5-USD	0.0000%	1h	375.20	+0.022%	$477K	$10.6M	10x	as long as short
Binance TSLAUSDT	0.0000%	8h	375.28	+0.044%	$46.9M	$109.9M	25x	as long as short
Bybit TSLAUSDT	0.0000%	8h	375.41	+0.079%	$10.2M	$15.4M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	375.28	+0.044%	$11.2M	$16.8M	25x	as long as short
RISEx TSLA/USDC	0.0000%	1h	375.34	+0.059%	$175K	$529K	20x	as long as short
Gate TSLA_USDT	0.0000%	8h	375.23	+0.031%	$2.3M	$4.2M	100x	as long as short
Bitget TSLAUSDT	0.0000%	8h	375.17	+0.015%	$16.6M	$22.5M	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	375.15	+0.009%	$1.8M	$1.2M	—	as long as short
StandX TSLA-USD	0.0000%	1h	375.22	+0.028%	$199K	$898K	20x	as long as short
Deribit TSLA_USDC-PERPETUAL	0.0000%	1h	375.05	−0.017%	$20K	$186K	10x	as long as short
Phemex TSLAUSDT	0.0000%	4h	375.24	+0.033%	$1.1M	$13K	10x	as long as short
Aftermath Perps TSLAUSDlong	+0.0014%	1h	375.12	long leg	$38K	$49K	10x
QFEX TSLA-USD	+0.0030%	1h	375.19	+0.020%	$1.2M	$7.1M	10x	as long as short
Lighter TSLA	+0.0032%	1h	375.19	+0.020%	$648K	$3.3M	20x	as long as short
Lighter RH TSLA	+0.0032%	1h	375.23	+0.031%	$1.2M	$2.6M	20x	as long as short
Arcus TSLA-USD	+0.0040%	1h	375.13	+0.004%	$153K	$84K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	375.13	+0.004%	—	$133K	25x	as long as short
Bullet TSLA-USD	+0.0049%	1h	375.26	+0.039%	$6K	$91K	10x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	375.04	−0.020%	$43.5M	$14.1M	20x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	375.04	−0.020%	$297K	$292K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	375.22	+0.028%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	375.01	−0.028%	$1.6M	$1.0M	10x	as long as short
Nado TSLA-PERP	+0.0061%	1h	375.05	−0.018%	$484K	$90K	20x	as long as short
Hotstuff TSLA-PERP	+0.0088%	1h	375.03	−0.023%	$34K	—	20x	as long as short
Pacifica TSLA	+0.0100%	1h	375.03	−0.023%	$389K	$38K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	375.07	−0.012%	$1.5M	$159K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	375.05	−0.017%	$4K	$62K	50x	as long as short
Orderly PERP_TSLA_USDCshort	+0.0100%	8h	375.04	−0.020%	$41K	$20K	20x
Aevo TSLA-PERP	+0.0104%	1h	375.19	+0.020%	$743	—	10x	as long as short
GRVT TSLA_USDT_Perp	+0.0124%	8h	375.27	+0.041%	$840K	$2.7M	10x	as long as short
Coinbase International TSLA-PERP-INTX	+0.0128%	1h	375.11	−0.001%	$529K	$332K	10x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	376.18	+0.284%	$78K	$36K	30x	as long as short
Phoenix TSLA	+0.0277%	1h	375.34	+0.060%	$1.3M	$522K	20x	as long as short