Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.016%

Price spread now: Orderly against Deribit−0.013%7-day average — · you buy dearer than you sell

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

Long on Deribit 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 sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit TSLA_USDC-PERPETUAL	376.37	0	get 0.0000% / 1h	23m 56s	$20K	$188K	10x
Short	Orderly PERP_TSLA_USDC	376.32	0.0100	get 0.0100% / 8h	4h 23m	$41K	$23K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly 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 OrderlybpOrdersPrice spread, now −0.013%Rate

Funding earned: $21
Price spread: −0.013% → 0.000%: −$1.33
Slippage, 4 orders: no order book: not counted
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee Orderly: 3 bp × 2 orders: −$6
Net: $6.67
Costs to cover: 0.130%
Break-even: 4.8 days

Slippage unknown: Deribit: live order book, 35 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 Deribit live order book, 35 min ago	0.13 bp	9.2 bp −$9	10.7 bp −$107	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
edgeX TSLAUSDC	−0.0907%	4h	376.64	+0.072%	$398K	$1.0M	10x	as long as short
Hotstuff TSLA-PERP	−0.0104%	1h	376.27	−0.027%	$34K	—	20x	as long as short
BloFin TSLA-USDT	−0.0030%	8h	376.63	+0.069%	$577K	$353K	20x	as long as short
Aster TSLAUSDT	0.0000%	8h	376.55	+0.048%	$577K	$196K	50x	as long as short
Extended TSLA_24_5-USD	0.0000%	1h	376.48	+0.030%	$481K	$4.0M	10x	as long as short
Binance TSLAUSDT	0.0000%	8h	376.58	+0.056%	$47.3M	$111.2M	25x	as long as short
Bybit TSLAUSDT	0.0000%	8h	376.66	+0.077%	$10.3M	$15.4M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	376.50	+0.035%	$11.3M	$16.9M	25x	as long as short
RISEx TSLA/USDC	0.0000%	1h	376.58	+0.056%	$290K	$587K	20x	as long as short
Bitget TSLAUSDT	0.0000%	8h	376.50	+0.035%	$17.0M	$23.0M	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	376.55	+0.047%	$1.9M	$1.4M	—	as long as short
StandX TSLA-USD	0.0000%	1h	376.58	+0.056%	$200K	$905K	20x	as long as short
Deribit TSLA_USDC-PERPETUALlong	0.0000%	1h	376.37	long leg	$20K	$188K	10x
Phemex TSLAUSDT	0.0000%	4h	376.60	+0.061%	$1.1M	$14K	10x	as long as short
Aftermath Perps TSLAUSD	+0.0016%	1h	376.52	+0.039%	$38K	$41K	10x	as long as short
Lighter TSLA	+0.0032%	1h	376.48	+0.029%	$816K	$3.6M	20x	as long as short
Lighter RH TSLA	+0.0032%	1h	376.47	+0.027%	$1.2M	$2.6M	20x	as long as short
QFEX TSLA-USD	+0.0038%	1h	376.48	+0.029%	$1.2M	$6.5M	10x	as long as short
Arcus TSLA-USD	+0.0040%	1h	376.46	+0.024%	$140K	$96K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	376.49	+0.032%	—	$130K	25x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	376.26	−0.029%	$44.3M	$14.4M	20x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	376.33	−0.011%	$301K	$309K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	376.48	+0.029%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	376.25	−0.032%	$1.6M	$1.1M	10x	as long as short
Bullet TSLA-USD	+0.0051%	1h	376.55	+0.047%	$5K	$92K	10x	as long as short
GRVT TSLA_USDT_Perp	+0.0052%	8h	376.74	+0.098%	$845K	$2.8M	10x	as long as short
Coinbase International TSLA-PERP-INTX	+0.0056%	1h	376.45	+0.021%	$512K	$330K	10x	as long as short
Gate TSLA_USDT	+0.0083%	8h	376.55	+0.048%	$2.3M	$3.6M	100x	as long as short
Pacifica TSLA	+0.0100%	1h	376.35	−0.005%	$390K	$38K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	376.42	+0.013%	$1.5M	$105K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	376.52	+0.040%	$4K	$61K	50x	as long as short
Orderly PERP_TSLA_USDCshort	+0.0100%	8h	376.32	−0.013%	$41K	$23K	20x
Aevo TSLA-PERP	+0.0104%	1h	376.45	+0.021%	$745	—	10x	as long as short
Nado TSLA-PERP	+0.0141%	1h	376.40	+0.008%	$489K	$112K	20x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	377.69	+0.351%	$79K	$36K	30x	as long as short
Phoenix TSLA	+0.0255%	1h	376.82	+0.120%	$1.3M	$539K	20x	as long as short