Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.013%

Price spread now: RISEx against Orderly+0.071%7-day average — · you sell dearer than you buy

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

Long on Orderly Short on RISEx

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

The price spread pays, funding is against you. RISEx is 0.071% dearer against Orderly than usual: you sell high and buy low (spread +0.071% now, against zero (this spread has no 7-day history yet)): +$7 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.4 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_TSLA_USDC	375.10	0.0100	pay 0.0100% / 8h	1h 45m	$41K	$20K	20x
Short	RISEx TSLA/USDC	375.36	0	get 0.0000% / 1h	45m 16s	$175K	$529K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx against Orderly. 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 OrderlybpFee RISExbpOrdersPrice spread, now +0.071%Rate

Funding earned: −$21
Price spread: +0.071% → 0.000%: $7.05
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee RISEx: 3 bp × 2 orders: −$6
Net: −$25.95
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: Orderly: no order-book sample; RISEx: live order book, 38 min ago. 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 Orderly no order-book sample	—	—	—	—	—
Sell RISEx live order book, 38 min ago	0.93 bp	3.9 bp −$4	7.4 bp −$74	doesn't fit	doesn't fit

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	−0.0577%	4h	375.24	+0.038%	$397K	$1.0M	10x	as long as short
Hotstuff TSLA-PERP	−0.0040%	1h	375.05	−0.013%	$34K	—	20x	as long as short
Aster TSLAUSDT	0.0000%	8h	375.11	+0.003%	$584K	$192K	50x	as long as short
Extended TSLA_24_5-USD	0.0000%	1h	375.23	+0.034%	$477K	$10.6M	10x	as long as short
Binance TSLAUSDT	0.0000%	8h	375.32	+0.058%	$46.9M	$110.0M	25x	as long as short
Bybit TSLAUSDT	0.0000%	8h	375.38	+0.075%	$10.2M	$15.4M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	375.25	+0.040%	$11.2M	$16.8M	25x	as long as short
RISEx TSLA/USDCshort	0.0000%	1h	375.36	+0.071%	$175K	$529K	20x
Gate TSLA_USDT	0.0000%	8h	375.22	+0.032%	$2.3M	$4.1M	100x	as long as short
Bitget TSLAUSDT	0.0000%	8h	375.17	+0.019%	$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	375.21	+0.029%	$1.8M	$1.2M	—	as long as short
StandX TSLA-USD	0.0000%	1h	375.27	+0.045%	$199K	$900K	20x	as long as short
Deribit TSLA_USDC-PERPETUAL	0.0000%	1h	375.05	−0.013%	$20K	$186K	10x	as long as short
Phemex TSLAUSDT	0.0000%	4h	375.30	+0.053%	$1.1M	$13K	10x	as long as short
Aftermath Perps TSLAUSD	+0.0014%	1h	375.12	+0.004%	$38K	$49K	10x	as long as short
BloFin TSLA-USDT	+0.0015%	8h	375.32	+0.059%	$570K	$341K	20x	as long as short
Bullet TSLA-USD	+0.0025%	1h	375.33	+0.062%	$5K	$90K	10x	as long as short
QFEX TSLA-USD	+0.0030%	1h	375.23	+0.035%	$1.2M	$7.1M	10x	as long as short
Lighter TSLA	+0.0032%	1h	375.25	+0.040%	$648K	$3.3M	20x	as long as short
Lighter RH TSLA	+0.0032%	1h	375.27	+0.045%	$1.2M	$2.6M	20x	as long as short
Arcus TSLA-USD	+0.0040%	1h	375.16	+0.016%	$153K	$84K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	375.17	+0.019%	—	$133K	25x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	375.12	+0.005%	$43.5M	$14.2M	20x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	375.07	−0.008%	$297K	$292K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	375.25	+0.040%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	374.87	−0.061%	$1.6M	$1.0M	10x	as long as short
Nado TSLA-PERP	+0.0052%	1h	375.11	+0.001%	$484K	$90K	20x	as long as short
Pacifica TSLA	+0.0100%	1h	375.03	−0.020%	$389K	$38K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	375.12	+0.005%	$1.5M	$159K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	375.10	0.000%	$4K	$62K	50x	as long as short
Orderly PERP_TSLA_USDClong	+0.0100%	8h	375.10	long leg	$41K	$20K	20x
Aevo TSLA-PERP	+0.0104%	1h	375.25	+0.040%	$743	—	10x	as long as short
GRVT TSLA_USDT_Perp	+0.0123%	8h	375.32	+0.058%	$840K	$2.9M	10x	as long as short
Coinbase International TSLA-PERP-INTX	+0.0128%	1h	375.11	+0.003%	$529K	$332K	10x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	376.36	+0.336%	$78K	$36K	30x	as long as short
Phoenix TSLA	+0.0277%	1h	375.52	+0.112%	$1.3M	$522K	20x	as long as short