Settings8H · net · $10k
Funding arb · Price arb /

TSLA

RWAall TSLA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment $1.00 per $10,000 · paid last 24h −0.030%
Price spread now: Bybit against Orderly+0.040%50s7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. Bybit is 0.040% dearer against Orderly than usual: you sell high and buy low (spread +0.040% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 32 hours. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_TSLA_USDC376.240.0100pay 0.0100% / 8h7h 49m$41K$21K20x
ShortBybit TSLAUSDT376.390get 0.0000% / 8h7h 49m$10.2M$15.4M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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

Funding earned
−$21
Price spread: +0.040% → 0.000%
$3.99
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$34.01
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: Orderly: no order-book sample; Bybit: live order book, 4 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Orderly no order-book sample
Sell Bybit live order book, 4 min ago0.53 bp7.2 bp −$711.1 bp −$111doesn't fitdoesn't fit
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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX TSLAUSDC−0.0632%4h376.17−0.018%$398K$1.0M10xas long as short
Aster TSLAUSDT0.0000%8h376.19−0.013%$585K$191K50xas long as short
Extended TSLA_24_5-USD0.0000%1h376.28+0.011%$477K$10.8M10xas long as short
Binance TSLAUSDT0.0000%8h376.37+0.036%$47.0M$109.5M25xas long as short
Bybit TSLAUSDTshort0.0000%8h376.39+0.040%$10.2M$15.4M100x
OKX TSLA-USDT-SWAP0.0000%8h376.33+0.024%$11.2M$16.8M25xas long as short
Gate TSLA_USDT0.0000%8h376.35+0.029%$2.3M$3.9M100xas long as short
Bitget TSLAUSDT0.0000%8h376.240.000%$16.8M$22.6M100xas long as short
Variational Omni TSLA0.0000%8h376.18−0.017%$1.9M$1.3Mas long as short
StandX TSLA-USD0.0000%1h376.23−0.003%$200K$894K20xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit TSLA_USDC-PERPETUAL0.0000%1h376.14−0.027%$20K$186K10xas long as short
Phemex TSLAUSDT0.0000%4h376.20−0.011%$1.1M$13K10xas long as short
Aftermath Perps TSLAUSD+0.0009%1h375.98−0.069%$38K$47K10xas long as short
BloFin TSLA-USDT+0.0016%8h376.22−0.005%$568K$341K20xas long as short
QFEX TSLA-USD+0.0028%1h376.30+0.016%$1.2M$7.2M10xas long as short
Lighter TSLA+0.0032%1h376.31+0.019%$654K$3.3M20xas long as short
Lighter RH TSLA+0.0032%1h376.36+0.032%$1.2M$2.5M20xas long as short
Arcus TSLA-USD+0.0040%1h376.07−0.045%$165K$91K10xas long as short
GRVT TSLA_USDT_Perp+0.0045%8h376.29+0.013%$845K$2.8M10xas long as short
Vest TSLA-USD-PERP+0.0046%1h376.28+0.011%$133K25xas long as short
Coinbase International TSLA-PERP-INTX+0.0048%1h375.11−0.300%$529K$318K10xas long as short
Polymarket Perps TSLA-USD+0.0050%1h376.12−0.032%$298K$308K10xas long as short
SoDEX TSLA-USD+0.0050%1h376.14−0.027%$4K$3K10xas long as short
Ondo Perps TSLA-USD.P+0.0050%1h376.04−0.053%$1.6M$1.0M10xas long as short
RISEx TSLA/USDC+0.0079%1h376.37+0.035%$291K$598K20xas long as short
Pacifica TSLA+0.0100%1h376.09−0.041%$389K$38K10xas long as short
KuCoin TSLAUSDTM+0.0100%8h376.13−0.029%$1.5M$158K20xas long as short
ApeX Omni TSLAUSDT+0.0100%1h376.07−0.045%$4K$62K50xas long as short
Orderly PERP_TSLA_USDClong+0.0100%8h376.24long leg$41K$21K20x
tradeXYZ xyz:TSLA+0.0104%1h376.12−0.032%$44.3M$14.3M20xas long as short
Aevo TSLA-PERP+0.0104%1h376.10−0.036%$74510xas long as short
Nado TSLA-PERP+0.0136%1h376.23−0.002%$491K$111K20xas long as short
Injective TSLA/USDC PERP+0.0220%1h377.10+0.229%$78K$36K30xas long as short
Phoenix TSLA+0.0277%1h376.29+0.013%$1.3M$547K20xas long as short
Bullet TSLA-USD+0.0300%1h376.38+0.037%$5K$91K10xas long as short
Hotstuff TSLA-PERP+0.0384%1h376.15−0.024%$34K20xas long as short