Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0017%/8h= +1.9% APRpaid last 24h −0.023%

Price spread now: Orderly against Arcus+0.043%7-day average — · you sell dearer than you buy

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

Long on Arcus Short on Orderly

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

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Orderly is 0.043% dearer against Arcus than usual: you sell high and buy low: +$4 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	Arcus TSLA-USD	375.46	0.0083	pay 0.0010% / 1h	38m 58s	$165K	$96K	10x
Short	Orderly PERP_TSLA_USDC	375.62	0.0100	get 0.0100% / 8h	38m 58s	$41K	$21K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly against Arcus. 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 ArcusbpFee OrderlybpOrdersPrice spread, now +0.043%Rate

Funding earned: $3.66
Price spread: +0.043% → 0.000%: $4.26
Slippage, 4 orders: no order book: not counted
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$2.58
Costs to cover: 0.105%
Break-even: 11.9 days

Slippage unknown: Arcus: live order book, 39 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 Arcus live order book, 39 min ago	3.73 bp	8.7 bp −$9	9.6 bp −$96	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	−0.0051%	4h	375.60	+0.037%	$397K	$1.0M	10x	as long as short
Aster TSLAUSDT	0.0000%	8h	375.40	−0.015%	$584K	$191K	50x	as long as short
Extended TSLA_24_5-USD	0.0000%	1h	375.55	+0.023%	$478K	$10.6M	10x	as long as short
Binance TSLAUSDT	0.0000%	8h	375.62	+0.043%	$46.9M	$110.0M	25x	as long as short
Bybit TSLAUSDT	0.0000%	8h	375.81	+0.093%	$10.2M	$15.4M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	375.68	+0.059%	$11.2M	$16.8M	25x	as long as short
Gate TSLA_USDT	0.0000%	8h	375.65	+0.051%	$2.3M	$4.1M	100x	as long as short
Bitget TSLAUSDT	0.0000%	8h	375.56	+0.027%	$16.7M	$22.6M	100x	as long as short
Variational Omni TSLA	0.0000%	8h	375.61	+0.039%	$1.9M	$1.2M	—	as long as short
StandX TSLA-USD	0.0000%	1h	375.64	+0.048%	$199K	$897K	20x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bullet TSLA-USD	0.0000%	1h	375.62	+0.043%	$5K	$91K	10x	as long as short
Deribit TSLA_USDC-PERPETUAL	0.0000%	1h	375.54	+0.021%	$20K	$187K	10x	as long as short
Phemex TSLAUSDT	0.0000%	4h	375.60	+0.037%	$1.1M	$13K	10x	as long as short
Aftermath Perps TSLAUSD	+0.0010%	1h	375.36	−0.027%	$38K	$48K	10x	as long as short
BloFin TSLA-USDT	+0.0024%	8h	375.61	+0.040%	$570K	$341K	20x	as long as short
QFEX TSLA-USD	+0.0031%	1h	375.55	+0.024%	$1.2M	$7.2M	10x	as long as short
Lighter TSLA	+0.0032%	1h	375.61	+0.040%	$652K	$3.3M	20x	as long as short
Lighter RH TSLA	+0.0032%	1h	375.66	+0.053%	$1.2M	$2.6M	20x	as long as short
Nado TSLA-PERP	+0.0034%	1h	375.49	+0.008%	$495K	$109K	20x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	375.60	+0.037%	—	$133K	25x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	375.42	−0.011%	$44.2M	$14.7M	20x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	375.44	−0.005%	$297K	$292K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	375.55	+0.024%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	375.26	−0.053%	$1.6M	$1.0M	10x	as long as short
Hotstuff TSLA-PERP	+0.0056%	1h	375.39	−0.019%	$34K	—	20x	as long as short
Arcus TSLA-USDlong	+0.0083%	1h	375.46	long leg	$165K	$96K	10x
RISEx TSLA/USDC	+0.0085%	1h	375.67	+0.055%	$260K	$573K	20x	as long as short
Pacifica TSLA	+0.0100%	1h	375.46	−0.001%	$389K	$38K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	375.43	−0.008%	$1.5M	$160K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	375.36	−0.027%	$4K	$62K	50x	as long as short
Orderly PERP_TSLA_USDCshort	+0.0100%	8h	375.62	+0.043%	$41K	$21K	20x
Aevo TSLA-PERP	+0.0104%	1h	375.55	+0.024%	$744	—	10x	as long as short
Coinbase International TSLA-PERP-INTX	+0.0120%	1h	375.11	−0.093%	$529K	$328K	10x	as long as short
GRVT TSLA_USDT_Perp	+0.0131%	8h	375.66	+0.053%	$842K	$2.7M	10x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	376.46	+0.266%	$78K	$36K	30x	as long as short
Phoenix TSLA	+0.0362%	1h	375.69	+0.061%	$1.3M	$547K	20x	as long as short