Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0060%/8h= −6.6% APRpaid last 24h +0.001%

Price spread now: Orderly against Coinbase International+0.141%7-day average — · you sell dearer than you buy

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

Long on Coinbase International Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 5 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

The price spread pays, funding is against you. Orderly is 0.141% dearer against Coinbase International than usual: you sell high and buy low (spread +0.141% now, against zero (this spread has no 7-day history yet)): +$14 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 7.8 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International TSLA-PERP-INTX	376.36	0.0160	pay 0.0020% / 1h	1m 00s	$508K	$365K	10x
Short	Orderly PERP_TSLA_USDC	376.89	0.0100	get 0.0100% / 8h	7h 01m	$41K	$24K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly against Coinbase International. 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 Coinbase InternationalbpFee OrderlybpOrdersPrice spread, now +0.141%Rate

Funding earned: −$12.6
Price spread: +0.141% → 0.000%: $14.08
Slippage, 4 orders: no order book: not counted
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$14.52
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: Coinbase International: live order book, 32 min ago; 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 Coinbase International live order book, 32 min ago	2.80 bp	7.8 bp −$8	10.4 bp −$104	doesn't fit	doesn't fit
Sell Orderly no order-book sample	—	—	—	—	—

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
Hotstuff TSLA-PERP	−0.1600%	1h	376.58	+0.058%	$34K	—	20x	as long as short
edgeX TSLAUSDC	−0.0354%	4h	376.72	+0.097%	$397K	$1.1M	10x	as long as short
Bybit TSLAUSDT	0.0000%	8h	376.93	+0.151%	$10.1M	$15.1M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	376.99	+0.167%	$11.2M	$16.9M	25x	as long as short
Gate TSLA_USDT	0.0000%	8h	376.95	+0.157%	$2.3M	$3.4M	100x	as long as short
Bitget TSLAUSDT	0.0000%	8h	376.95	+0.157%	$17.2M	$23.6M	100x	as long as short
StandX TSLA-USD	0.0000%	1h	376.48	+0.032%	$200K	$967K	20x	as long as short
Phemex TSLAUSDT	0.0000%	4h	376.90	+0.143%	$1.1M	$14K	10x	as long as short
Aftermath Perps TSLAUSD	+0.0023%	1h	376.50	+0.038%	$38K	$36K	10x	as long as short
Lighter TSLA	+0.0032%	1h	376.88	+0.138%	$806K	$3.7M	20x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH TSLA	+0.0032%	1h	376.88	+0.138%	$1.2M	$2.6M	20x	as long as short
Arcus TSLA-USD	+0.0040%	1h	376.76	+0.106%	$135K	$106K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	376.85	+0.130%	—	$126K	25x	as long as short
QFEX TSLA-USD	+0.0048%	1h	376.89	+0.141%	$1.3M	$6.2M	10x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	376.68	+0.085%	$44.7M	$14.9M	20x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	376.86	+0.133%	$301K	$157K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	376.90	+0.143%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	376.61	+0.066%	$1.6M	$1.1M	10x	as long as short
Aster TSLAUSDT	+0.0060%	8h	376.81	+0.120%	$575K	$189K	50x	as long as short
Variational Omni TSLA	+0.0082%	8h	376.70	+0.091%	$1.7M	$1.5M	—	as long as short
BloFin TSLA-USDT	+0.0096%	8h	377.03	+0.178%	$578K	$365K	20x	as long as short
Pacifica TSLA	+0.0100%	1h	376.56	+0.053%	$390K	$36K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	376.64	+0.074%	$1.5M	$2.7M	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	376.34	−0.005%	$4K	$62K	50x	as long as short
Orderly PERP_TSLA_USDCshort	+0.0100%	8h	376.89	+0.141%	$41K	$24K	20x
Aevo TSLA-PERP	+0.0104%	1h	376.95	+0.157%	$746	—	10x	as long as short
Binance TSLAUSDT	+0.0117%	8h	376.96	+0.159%	$47.3M	$115.3M	25x	as long as short
Extended TSLA_24_5-USD	+0.0120%	1h	376.88	+0.139%	$481K	$2.7M	10x	as long as short
Deribit TSLA_USDC-PERPETUAL	+0.0122%	1h	376.82	+0.122%	$18K	$192K	10x	as long as short
Bullet TSLA-USD	+0.0134%	1h	377.00	+0.169%	$6K	$93K	10x	as long as short
Coinbase International TSLA-PERP-INTXlong	+0.0160%	1h	376.36	long leg	$508K	$365K	10x
Nado TSLA-PERP	+0.0203%	1h	376.74	+0.100%	$500K	$111K	20x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	379.42	+0.813%	$79K	$37K	30x	as long as short
RISEx TSLA/USDC	+0.0290%	1h	376.73	+0.098%	$215K	$652K	20x	as long as short
Phoenix TSLA	+0.0404%	1h	376.79	+0.114%	$1.3M	$507K	20x	as long as short
GRVT TSLA_USDT_Perp	+0.0548%	8h	376.76	+0.106%	$845K	$2.9M	10x	as long as short