Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0046%/8h= +5.1% APRpaid last 24h +0.016%

Price spread now: Orderly against RISEx−0.049%7-day average — · you buy dearer than you sell

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

Long on RISEx Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 4 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 0.049% cheaper against RISEx than usual: you would sell low and buy high (spread −0.049% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 3.5 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	RISEx TSLA/USDC	376.74	0.0054	pay 0.0007% / 1h	8m 58s	$217K	$618K	20x
Short	Orderly PERP_TSLA_USDC	376.56	0.0100	get 0.0100% / 8h	2h 08m	$41K	$23K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly against RISEx. 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 RISExbpFee OrderlybpOrdersPrice spread, now −0.049%Rate

Funding earned: $9.72
Price spread: −0.049% → 0.000%: −$4.88
Slippage, 4 orders: no order book: not counted
Fee RISEx: 3 bp × 2 orders: −$6
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$7.17
Costs to cover: 0.120%
Break-even: 12.2 days

Slippage unknown: RISEx: live order book, 40 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 RISEx live order book, 40 min ago	1.33 bp	4.3 bp −$4	4.8 bp −$48	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	−0.0502%	4h	376.58	−0.044%	$398K	$1.0M	10x	as long as short
BloFin TSLA-USDT	−0.0024%	8h	376.58	−0.044%	$573K	$355K	20x	as long as short
Aster TSLAUSDT	0.0000%	8h	376.48	−0.071%	$575K	$199K	50x	as long as short
Extended TSLA_24_5-USD	0.0000%	1h	376.42	−0.085%	$479K	$2.7M	10x	as long as short
Binance TSLAUSDT	0.0000%	8h	376.53	−0.057%	$47.3M	$113.1M	25x	as long as short
Bybit TSLAUSDT	0.0000%	8h	376.50	−0.065%	$10.2M	$15.4M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	376.46	−0.075%	$11.2M	$16.9M	25x	as long as short
Gate TSLA_USDT	0.0000%	8h	376.53	−0.057%	$2.3M	$3.6M	100x	as long as short
Bitget TSLAUSDT	0.0000%	8h	376.44	−0.081%	$17.1M	$22.7M	100x	as long as short
Variational Omni TSLA	0.0000%	8h	376.63	−0.031%	$1.9M	$1.3M	—	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
StandX TSLA-USD	0.0000%	1h	376.40	−0.091%	$200K	$917K	20x	as long as short
Phemex TSLAUSDT	0.0000%	4h	376.47	−0.073%	$1.1M	$14K	10x	as long as short
Hotstuff TSLA-PERP	+0.0008%	1h	376.29	−0.121%	$34K	—	20x	as long as short
Aftermath Perps TSLAUSD	+0.0020%	1h	376.22	−0.139%	$38K	$39K	10x	as long as short
Lighter RH TSLA	+0.0032%	1h	376.40	−0.091%	$1.3M	$2.6M	20x	as long as short
Arcus TSLA-USD	+0.0040%	1h	376.26	−0.128%	$135K	$107K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	376.54	−0.054%	—	$125K	25x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	376.25	−0.131%	$44.6M	$14.8M	20x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	376.50	−0.065%	$301K	$307K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	376.43	−0.083%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	376.22	−0.139%	$1.6M	$1.1M	10x	as long as short
QFEX TSLA-USD	+0.0052%	1h	376.63	−0.030%	$1.2M	$6.1M	10x	as long as short
RISEx TSLA/USDClong	+0.0054%	1h	376.74	long leg	$217K	$618K	20x
Pacifica TSLA	+0.0100%	1h	376.35	−0.105%	$390K	$36K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	376.24	−0.134%	$1.5M	$108K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	376.43	−0.083%	$4K	$62K	50x	as long as short
Orderly PERP_TSLA_USDCshort	+0.0100%	8h	376.56	−0.049%	$41K	$23K	20x
Aevo TSLA-PERP	+0.0104%	1h	376.55	−0.050%	$746	—	10x	as long as short
Coinbase International TSLA-PERP-INTX	+0.0112%	1h	376.13	−0.163%	$511K	$337K	10x	as long as short
Lighter TSLA	+0.0120%	1h	376.43	−0.083%	$828K	$3.7M	20x	as long as short
Deribit TSLA_USDC-PERPETUAL	+0.0122%	1h	376.43	−0.083%	$18K	$193K	10x	as long as short
GRVT TSLA_USDT_Perp	+0.0174%	8h	376.71	−0.009%	$855K	$2.8M	10x	as long as short
Bullet TSLA-USD	+0.0182%	1h	376.69	−0.014%	$4K	$90K	10x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	379.54	+0.742%	$79K	$36K	30x	as long as short
Nado TSLA-PERP	+0.0235%	1h	376.42	−0.087%	$488K	$110K	20x	as long as short
Phoenix TSLA	+0.0298%	1h	376.28	−0.123%	$1.3M	$528K	20x	as long as short