Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0036%/8h= +3.9% APRpaid last 24h −0.005%

Price spread now: Coinbase International against Orderly+0.136%7-day average — · you sell dearer than you buy

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

Long on Orderly Short on Coinbase International

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

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Coinbase International is 0.136% dearer against Orderly 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	Orderly PERP_TSLA_USDC	375.82	0.0100	pay 0.0100% / 8h	1h 41m	$41K	$23K	20x
Short	Coinbase International TSLA-PERP-INTX	376.33	0.0136	get 0.0017% / 1h	41m 25s	$506K	$349K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International 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 Coinbase InternationalbpOrdersPrice spread, now +0.136%Rate

Funding earned: $7.56
Price spread: +0.136% → 0.000%: $13.57
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: $5.13
Costs to cover: 0.160%
Break-even: 2.2 days

Slippage unknown: Orderly: no order-book sample; Coinbase International: live order book, 2 min ago. 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 Coinbase International live order book, 2 min ago	2.66 bp	8.1 bp −$8	11.3 bp −$113	doesn't fit	doesn'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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX TSLAUSDC	−0.0459%	4h	376.21	+0.103%	$398K	$1.0M	10x	as long as short
BloFin TSLA-USDT	−0.0013%	8h	375.87	+0.013%	$577K	$355K	20x	as long as short
Aster TSLAUSDT	0.0000%	8h	375.81	−0.002%	$574K	$199K	50x	as long as short
Extended TSLA_24_5-USD	0.0000%	1h	375.60	−0.058%	$479K	$2.7M	10x	as long as short
Binance TSLAUSDT	0.0000%	8h	375.72	−0.026%	$47.2M	$113.4M	25x	as long as short
Bybit TSLAUSDT	0.0000%	8h	375.70	−0.032%	$10.2M	$15.4M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	375.75	−0.019%	$11.2M	$16.9M	25x	as long as short
Bitget TSLAUSDT	0.0000%	8h	375.70	−0.032%	$17.1M	$22.9M	100x	as long as short
Variational Omni TSLA	0.0000%	8h	376.24	+0.112%	$1.9M	$1.3M	—	as long as short
StandX TSLA-USD	0.0000%	1h	375.84	+0.005%	$199K	$918K	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	375.67	−0.040%	$18K	$194K	10x	as long as short
Phemex TSLAUSDT	0.0000%	4h	375.82	0.000%	$1.1M	$14K	10x	as long as short
Gate TSLA_USDT	+0.0001%	8h	375.83	+0.003%	$2.3M	$3.5M	100x	as long as short
Aftermath Perps TSLAUSD	+0.0023%	1h	375.77	−0.013%	$38K	$39K	10x	as long as short
Lighter RH TSLA	+0.0032%	1h	375.76	−0.016%	$1.3M	$2.5M	20x	as long as short
Hotstuff TSLA-PERP	+0.0040%	1h	375.51	−0.082%	$34K	—	20x	as long as short
Arcus TSLA-USD	+0.0040%	1h	375.78	−0.011%	$135K	$108K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	375.70	−0.032%	—	$125K	25x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	375.52	−0.080%	$44.5M	$14.8M	20x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	375.67	−0.040%	$300K	$304K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	375.66	−0.043%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	375.78	−0.011%	$1.6M	$1.1M	10x	as long as short
QFEX TSLA-USD	+0.0052%	1h	375.73	−0.024%	$1.2M	$6.2M	10x	as long as short
Pacifica TSLA	+0.0100%	1h	375.65	−0.045%	$389K	$36K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	375.59	−0.061%	$1.5M	$108K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	375.89	+0.019%	$4K	$61K	50x	as long as short
Orderly PERP_TSLA_USDClong	+0.0100%	8h	375.82	long leg	$41K	$23K	20x
Aevo TSLA-PERP	+0.0104%	1h	375.73	−0.024%	$744	—	10x	as long as short
Lighter TSLA	+0.0136%	1h	375.76	−0.016%	$821K	$3.7M	20x	as long as short
Coinbase International TSLA-PERP-INTXshort	+0.0136%	1h	376.33	+0.136%	$506K	$349K	10x
RISEx TSLA/USDC	+0.0138%	1h	375.82	+0.001%	$214K	$643K	20x	as long as short
GRVT TSLA_USDT_Perp	+0.0198%	8h	375.91	+0.024%	$846K	$2.8M	10x	as long as short
Bullet TSLA-USD	+0.0207%	1h	375.81	−0.003%	$5K	$91K	10x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	380.07	+1.131%	$79K	$36K	30x	as long as short
Nado TSLA-PERP	+0.0298%	1h	375.63	−0.050%	$488K	$111K	20x	as long as short
Phoenix TSLA	+0.0318%	1h	375.99	+0.045%	$1.3M	$528K	20x	as long as short