Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.030%

Price spread now: Orderly against StandX−0.066%52s7-day average — · you buy dearer than you sell

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

Long on StandX 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—+ Points / potential airdropStandX: Active · farm boardneeds both histories

Funding pays, the price is against you. Orderly is 0.066% cheaper against StandX than usual: you would sell low and buy high (spread −0.066% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$7 on $10k: about 2.2 days of funding at the current rate (+$3 a day). The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	StandX TSLA-USD	376.44	0	get 0.0000% / 1h	23m 28s	$200K	$896K	20x
Short	Orderly PERP_TSLA_USDC	376.19	0.0100	get 0.0100% / 8h	7h 23m	$41K	$20K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly against StandX. 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 StandXbpFee OrderlybpOrdersPrice spread, now −0.066%Rate

Funding earned: $21
Price spread: −0.066% → 0.000%: −$6.64
Slippage, 4 orders: no order book: not counted
Fee StandX: 4 bp × 2 orders: −$8
Fee Orderly: 3 bp × 2 orders: −$6
Net: $0.36
Costs to cover: 0.140%
Break-even: 6.9 days

Slippage unknown: StandX: live order book, 50 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 StandX live order book, 50 min ago	2.53 bp	7.3 bp −$7	12.4 bp −$124	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	−0.0402%	4h	376.37	−0.018%	$398K	$1.0M	10x	as long as short
Aster TSLAUSDT	0.0000%	8h	376.12	−0.084%	$585K	$191K	50x	as long as short
Extended TSLA_24_5-USD	0.0000%	1h	376.05	−0.102%	$477K	$11.4M	10x	as long as short
Binance TSLAUSDT	0.0000%	8h	376.16	−0.075%	$47.0M	$109.4M	25x	as long as short
Bybit TSLAUSDT	0.0000%	8h	376.19	−0.066%	$10.2M	$15.5M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	376.13	−0.082%	$11.2M	$16.6M	25x	as long as short
Gate TSLA_USDT	0.0000%	8h	376.19	−0.066%	$2.4M	$3.9M	100x	as long as short
Bitget TSLAUSDT	0.0000%	8h	376.09	−0.093%	$16.8M	$22.6M	100x	as long as short
Variational Omni TSLA	0.0000%	8h	376.41	−0.007%	$1.9M	$1.3M	—	as long as short
StandX TSLA-USDlong	0.0000%	1h	376.44	long leg	$200K	$896K	20x

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit TSLA_USDC-PERPETUAL	0.0000%	1h	376.11	−0.088%	$20K	$186K	10x	as long as short
Phemex TSLAUSDT	0.0000%	4h	376.24	−0.053%	$1.1M	$13K	10x	as long as short
Aftermath Perps TSLAUSD	+0.0010%	1h	376.10	−0.090%	$38K	$46K	10x	as long as short
BloFin TSLA-USDT	+0.0025%	8h	376.37	−0.019%	$571K	$339K	20x	as long as short
QFEX TSLA-USD	+0.0028%	1h	376.08	−0.096%	$1.2M	$7.0M	10x	as long as short
Lighter TSLA	+0.0032%	1h	376.21	−0.061%	$829K	$3.6M	20x	as long as short
Lighter RH TSLA	+0.0032%	1h	376.21	−0.061%	$1.2M	$2.6M	20x	as long as short
Arcus TSLA-USD	+0.0040%	1h	376.22	−0.058%	$163K	$93K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	376.20	−0.064%	—	$133K	25x	as long as short
Coinbase International TSLA-PERP-INTX	+0.0048%	1h	375.11	−0.353%	$529K	$307K	10x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	376.02	−0.112%	$44.3M	$14.1M	20x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	375.98	−0.122%	$298K	$308K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	376.12	−0.085%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	375.90	−0.143%	$1.6M	$1.1M	10x	as long as short
RISEx TSLA/USDC	+0.0079%	1h	376.24	−0.054%	$291K	$598K	20x	as long as short
Pacifica TSLA	+0.0100%	1h	376.02	−0.112%	$389K	$38K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	375.97	−0.125%	$1.5M	$106K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	376.22	−0.058%	$4K	$62K	50x	as long as short
Orderly PERP_TSLA_USDCshort	+0.0100%	8h	376.19	−0.066%	$41K	$20K	20x
Bullet TSLA-USD	+0.0103%	1h	376.20	−0.064%	$5K	$92K	10x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	376.15	−0.077%	$745	—	10x	as long as short
Nado TSLA-PERP	+0.0137%	1h	376.08	−0.095%	$489K	$112K	20x	as long as short
GRVT TSLA_USDT_Perp	+0.0146%	8h	376.40	−0.011%	$846K	$2.7M	10x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	377.35	+0.242%	$78K	$36K	30x	as long as short
Hotstuff TSLA-PERP	+0.0224%	1h	375.95	−0.130%	$34K	—	20x	as long as short
Phoenix TSLA	+0.0277%	1h	376.64	+0.053%	$1.3M	$547K	20x	as long as short