Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0090%/8h= −9.8% APRpaid last 24h −0.011%

Price spread now: Aftermath Perps against Orderly−0.084%7-day average — · you buy dearer than you sell

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

Long on Orderly Short on Aftermath Perps

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 against this trade now: funding costs −$3 a day on $10k at the current rate, and Aftermath Perps is 0.084% cheaper against Orderly than usual: you would sell low and buy high (−$8 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_TSLA_USDC	376.77	0.0100	pay 0.0100% / 8h	7h 01m	$41K	$20K	20x
Short	Aftermath Perps TSLAUSD	376.45	0.0010	get 0.0001% / 1h	1m 45s	$39K	$46K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aftermath Perps against Orderly. 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 OrderlybpFee Aftermath PerpsbpOrdersPrice spread, now −0.084%Rate

Funding earned: −$18.87
Price spread: −0.084% → 0.000%: −$8.44
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Net: −$42.31
Costs to cover: 0.150%
Break-even: never at this rate

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

Orderly and Aftermath Perps: 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	−0.0083%	4h	376.55	−0.059%	$398K	$1.0M	10x	as long as short
Aster TSLAUSDT	0.0000%	8h	376.66	−0.028%	$577K	$195K	50x	as long as short
Extended TSLA_24_5-USD	0.0000%	1h	376.83	+0.015%	$481K	$10.8M	10x	as long as short
Binance TSLAUSDT	0.0000%	8h	376.91	+0.037%	$47.2M	$109.4M	25x	as long as short
Bybit TSLAUSDT	0.0000%	8h	376.92	+0.040%	$10.2M	$15.5M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	376.83	+0.016%	$11.3M	$16.6M	25x	as long as short
Gate TSLA_USDT	0.0000%	8h	376.91	+0.037%	$2.3M	$4.0M	100x	as long as short
Bitget TSLAUSDT	0.0000%	8h	376.83	+0.016%	$16.9M	$22.7M	100x	as long as short
Variational Omni TSLA	0.0000%	8h	376.72	−0.015%	$1.9M	$1.3M	—	as long as short
StandX TSLA-USD	0.0000%	1h	376.82	+0.013%	$200K	$904K	20x	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	0.0000%	1h	376.80	+0.008%	$20K	$186K	10x	as long as short
Phemex TSLAUSDT	0.0000%	4h	376.80	+0.008%	$1.1M	$13K	10x	as long as short
Aftermath Perps TSLAUSDshort	+0.0010%	1h	376.45	−0.084%	$39K	$46K	10x
BloFin TSLA-USDT	+0.0014%	8h	376.59	−0.048%	$573K	$339K	20x	as long as short
QFEX TSLA-USD	+0.0028%	1h	376.71	−0.016%	$1.2M	$6.9M	10x	as long as short
Lighter TSLA	+0.0032%	1h	376.92	+0.040%	$831K	$3.6M	20x	as long as short
Lighter RH TSLA	+0.0032%	1h	376.94	+0.045%	$1.2M	$2.6M	20x	as long as short
Arcus TSLA-USD	+0.0040%	1h	376.60	−0.045%	$163K	$93K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	376.78	+0.003%	—	$133K	25x	as long as short
Coinbase International TSLA-PERP-INTX	+0.0048%	1h	375.11	−0.441%	$529K	$307K	10x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	376.69	−0.021%	$44.3M	$14.1M	20x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	376.63	−0.037%	$301K	$310K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	376.79	+0.005%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	376.45	−0.085%	$1.5M	$1.1M	10x	as long as short
Bullet TSLA-USD	+0.0072%	1h	376.80	+0.008%	$6K	$92K	10x	as long as short
RISEx TSLA/USDC	+0.0079%	1h	376.79	+0.005%	$292K	$598K	20x	as long as short
Pacifica TSLA	+0.0100%	1h	376.57	−0.053%	$390K	$38K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	376.61	−0.042%	$1.5M	$106K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	376.47	−0.080%	$4K	$62K	50x	as long as short
Orderly PERP_TSLA_USDClong	+0.0100%	8h	376.77	long leg	$41K	$20K	20x
Aevo TSLA-PERP	+0.0104%	1h	376.72	−0.013%	$746	—	10x	as long as short
Nado TSLA-PERP	+0.0132%	1h	376.69	−0.021%	$490K	$112K	20x	as long as short
GRVT TSLA_USDT_Perp	+0.0175%	8h	376.75	−0.005%	$850K	$2.7M	10x	as long as short
Hotstuff TSLA-PERP	+0.0184%	1h	376.57	−0.053%	$34K	—	20x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	377.21	+0.117%	$78K	$36K	30x	as long as short
Phoenix TSLA	+0.0277%	1h	376.82	+0.013%	$1.3M	$547K	20x	as long as short