Funding arb · Price arb /

TSLA

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%

Price spread now: Orderly against Aevo−0.045%7-day average — · you buy dearer than you sell

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

Long on Aevo 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

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Orderly is 0.045% cheaper against Aevo than usual: you would sell low and buy high, −$5 on $10k if it 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	Aevo TSLA-PERP	376.14	0.0104	pay 0.0013% / 1h	46m 49s	$745	—	10x
Short	Orderly PERP_TSLA_USDC	375.97	0.0100	get 0.0100% / 8h	2h 46m	$41K	$23K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly against Aevo. 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 AevobpFee OrderlybpOrdersPrice spread, now −0.045%Rate

Funding earned: −$0.84
Price spread: −0.045% → 0.000%: −$4.54
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$27.38
Costs to cover: 0.220%
Break-even: never at this rate

Slippage unknown: Aevo: no order-book sample; 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 Aevo no order-book sample	—	—	—	—	—
Sell Orderly no order-book sample	—	—	—	—	—

Aevo and 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	−0.0899%	4h	376.13	−0.003%	$398K	$1.0M	10x	as long as short
Aster TSLAUSDT	0.0000%	8h	376.31	+0.045%	$576K	$198K	50x	as long as short
Extended TSLA_24_5-USD	0.0000%	1h	376.12	−0.006%	$479K	$2.7M	10x	as long as short
Binance TSLAUSDT	0.0000%	8h	376.22	+0.021%	$47.0M	$112.6M	25x	as long as short
Bybit TSLAUSDT	0.0000%	8h	376.18	+0.010%	$10.2M	$15.3M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	376.17	+0.008%	$11.2M	$16.9M	25x	as long as short
Bitget TSLAUSDT	0.0000%	8h	376.20	+0.016%	$17.1M	$22.7M	100x	as long as short
Variational Omni TSLA	0.0000%	8h	376.20	+0.015%	$1.9M	$1.3M	—	as long as short
StandX TSLA-USD	0.0000%	1h	376.26	+0.032%	$200K	$917K	20x	as long as short
Phemex TSLAUSDT	0.0000%	4h	376.17	+0.008%	$1.1M	$14K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit TSLA_USDC-PERPETUAL	+0.0016%	1h	376.11	−0.008%	$18K	$193K	10x	as long as short
BloFin TSLA-USDT	+0.0018%	8h	376.22	+0.021%	$577K	$353K	20x	as long as short
Aftermath Perps TSLAUSD	+0.0020%	1h	375.97	−0.044%	$38K	$40K	10x	as long as short
Gate TSLA_USDT	+0.0023%	8h	376.23	+0.024%	$2.3M	$3.5M	100x	as long as short
Lighter RH TSLA	+0.0032%	1h	376.15	+0.002%	$1.2M	$2.5M	20x	as long as short
Arcus TSLA-USD	+0.0040%	1h	375.91	−0.061%	$135K	$107K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	376.14	0.000%	—	$128K	25x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	375.90	−0.064%	$44.5M	$14.7M	20x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	376.05	−0.024%	$300K	$309K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	376.13	−0.003%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	375.94	−0.053%	$1.6M	$1.1M	10x	as long as short
QFEX TSLA-USD	+0.0052%	1h	376.22	+0.021%	$1.3M	$6.2M	10x	as long as short
RISEx TSLA/USDC	+0.0054%	1h	376.24	+0.026%	$289K	$580K	20x	as long as short
Pacifica TSLA	+0.0100%	1h	375.96	−0.047%	$390K	$37K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	376.01	−0.035%	$1.5M	$105K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	375.94	−0.053%	$4K	$62K	50x	as long as short
Orderly PERP_TSLA_USDCshort	+0.0100%	8h	375.97	−0.045%	$41K	$23K	20x
Aevo TSLA-PERPlong	+0.0104%	1h	376.14	long leg	$745	—	10x
Hotstuff TSLA-PERP	+0.0112%	1h	375.93	−0.056%	$34K	—	20x	as long as short
Coinbase International TSLA-PERP-INTX	+0.0112%	1h	376.13	−0.003%	$511K	$337K	10x	as long as short
GRVT TSLA_USDT_Perp	+0.0141%	8h	376.33	+0.050%	$844K	$2.8M	10x	as long as short
Lighter TSLA	+0.0152%	1h	376.19	+0.013%	$842K	$3.6M	20x	as long as short
Bullet TSLA-USD	+0.0202%	1h	376.25	+0.029%	$4K	$90K	10x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	377.15	+0.268%	$78K	$36K	30x	as long as short
Nado TSLA-PERP	+0.0277%	1h	376.03	−0.030%	$489K	$112K	20x	as long as short
Phoenix TSLA	+0.0298%	1h	376.12	−0.006%	$1.3M	$528K	20x	as long as short