Funding you earn now, next payment 09:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.014%
Price spread now: Orderly against tradeXYZ+0.139%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Orderly is 0.139% dearer against tradeXYZ than usual: you sell high and buy low: +$14 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:TSLA | 374.94 | 0.0050 | pay 0.0006% / 1h | 33m 50s | $44.5M | $14.7M | 20x |
| Short | Orderly PERP_TSLA_USDC | 375.46 | 0.0100 | get 0.0100% / 8h | 7h 33m | $41K | $23K | 20x |
tradeXYZ xyz:TSLA
Orderly PERP_TSLA_USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly against tradeXYZ. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $10.5
- Price spread: +0.139% → 0.000%
- $13.87
- Slippage, 4 orders
- no order book: not counted
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- $0.37
- Costs to cover
- 0.240%
- Break-even
- 6.8 days
Slippage unknown: tradeXYZ: live order book, 4 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 tradeXYZ live order book, 4 min ago | 0.40 bp | 10.0 bp −$10 | 11.9 bp −$119 | 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 | −0.0761% | 4h | 375.83 | +0.238% | $397K | $1.0M | 10x | as long as short |
| Bybit TSLAUSDT | 0.0000% | 8h | 375.29 | +0.093% | $10.2M | $15.3M | 100x | as long as short |
| OKX TSLA-USDT-SWAP | 0.0000% | 8h | 375.20 | +0.069% | $11.2M | $16.8M | 25x | as long as short |
| Gate TSLA_USDT | 0.0000% | 8h | 375.29 | +0.093% | $2.3M | $3.3M | 100x | as long as short |
| Bitget TSLAUSDT | 0.0000% | 8h | 375.11 | +0.045% | $17.3M | $23.0M | 100x | as long as short |
| StandX TSLA-USD | 0.0000% | 1h | 375.43 | +0.131% | $199K | $934K | 20x | as long as short |
| Deribit TSLA_USDC-PERPETUAL | 0.0000% | 1h | 375.54 | +0.160% | $18K | $191K | 10x | as long as short |
| Phemex TSLAUSDT | 0.0000% | 4h | 375.53 | +0.157% | $1.1M | $14K | 10x | as long as short |
| Aster TSLAUSDT | +0.0007% | 8h | 375.46 | +0.140% | $573K | $200K | 50x | as long as short |
| Aftermath Perps TSLAUSD | +0.0030% | 1h | 375.52 | +0.153% | $38K | $35K | 10x | as long as short |
edgeX TSLAUSDC
Bybit TSLAUSDT
OKX TSLA-USDT-SWAP
Gate TSLA_USDT
Bitget TSLAUSDT
StandX TSLA-USD
Deribit TSLA_USDC-PERPETUAL
Phemex TSLAUSDT
Aster TSLAUSDT
Aftermath Perps TSLAUSDShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter TSLA | +0.0032% | 1h | 375.52 | +0.155% | $804K | $3.7M | 20x | as long as short |
| Lighter RH TSLA | +0.0032% | 1h | 375.56 | +0.165% | $1.2M | $2.5M | 20x | as long as short |
| Arcus TSLA-USD | +0.0040% | 1h | 375.21 | +0.072% | $134K | $107K | 10x | as long as short |
| Variational Omni TSLA | +0.0042% | 8h | 375.42 | +0.129% | $1.8M | $1.3M | — | as long as short |
| Vest TSLA-USD-PERP | +0.0046% | 1h | 375.42 | +0.128% | — | $126K | 25x | as long as short |
| QFEX TSLA-USD | +0.0048% | 1h | 375.40 | +0.123% | $1.2M | $6.2M | 10x | as long as short |
| tradeXYZ xyz:TSLAlong | +0.0050% | 1h | 374.94 | long leg | $44.5M | $14.7M | 20x | |
| Polymarket Perps TSLA-USD | +0.0050% | 1h | 375.15 | +0.056% | $300K | $161K | 10x | as long as short |
| SoDEX TSLA-USD | +0.0050% | 1h | 375.41 | +0.125% | $4K | $3K | 10x | as long as short |
| Ondo Perps TSLA-USD.P | +0.0050% | 1h | 375.45 | +0.136% | $1.6M | $1.1M | 10x | as long as short |
| Bullet TSLA-USD | +0.0063% | 1h | 375.40 | +0.123% | $5K | $92K | 10x | as long as short |
| Extended TSLA_24_5-USD | +0.0064% | 1h | 375.30 | +0.096% | $481K | $2.7M | 10x | as long as short |
| Binance TSLAUSDT | +0.0066% | 8h | 375.30 | +0.096% | $47.0M | $114.8M | 25x | as long as short |
| BloFin TSLA-USDT | +0.0091% | 8h | 375.48 | +0.144% | $580K | $358K | 20x | as long as short |
| GRVT TSLA_USDT_Perp | +0.0099% | 8h | 375.91 | +0.258% | $850K | $2.9M | 10x | as long as short |
| Pacifica TSLA | +0.0100% | 1h | 375.18 | +0.064% | $388K | $36K | 10x | as long as short |
| KuCoin TSLAUSDTM | +0.0100% | 8h | 375.32 | +0.101% | $1.5M | $2.3M | 20x | as long as short |
| ApeX Omni TSLAUSDT | +0.0100% | 1h | 375.45 | +0.136% | $4K | $62K | 50x | as long as short |
| Orderly PERP_TSLA_USDCshort | +0.0100% | 8h | 375.46 | +0.139% | $41K | $23K | 20x | |
| Aevo TSLA-PERP | +0.0104% | 1h | 375.49 | +0.146% | $743 | — | 10x | as long as short |
| Hotstuff TSLA-PERP | +0.0120% | 1h | 375.34 | +0.107% | $34K | — | 20x | as long as short |
| Nado TSLA-PERP | +0.0159% | 1h | 375.65 | +0.189% | $497K | $116K | 20x | as long as short |
| Coinbase International TSLA-PERP-INTX | +0.0160% | 1h | 375.48 | +0.144% | $506K | $355K | 10x | as long as short |
| Injective TSLA/USDC PERP | +0.0220% | 1h | 379.64 | +1.254% | $79K | $37K | 30x | as long as short |
| RISEx TSLA/USDC | +0.0290% | 1h | 375.42 | +0.128% | $214K | $654K | 20x | as long as short |
| Phoenix TSLA | +0.0404% | 1h | 375.66 | +0.192% | $1.3M | $507K | 20x | as long as short |
Lighter TSLA
Lighter RH TSLA
Arcus TSLA-USD
Variational Omni TSLA
Vest TSLA-USD-PERP
QFEX TSLA-USD
Polymarket Perps TSLA-USD
SoDEX TSLA-USD
Ondo Perps TSLA-USD.P
Bullet TSLA-USD
Extended TSLA_24_5-USD
Binance TSLAUSDT
BloFin TSLA-USDT
GRVT TSLA_USDT_Perp
Pacifica TSLA
KuCoin TSLAUSDTM
ApeX Omni TSLAUSDT
Aevo TSLA-PERP
Hotstuff TSLA-PERP
Nado TSLA-PERP
Coinbase International TSLA-PERP-INTX
Injective TSLA/USDC PERP
RISEx TSLA/USDC
Phoenix TSLA