Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.013%

Price spread now: RISEx against Orderly+0.036%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 RISEx

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

The price spread pays, funding is against you. RISEx is 0.036% dearer against Orderly than usual: you sell high and buy low (spread +0.036% 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 29 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_TSLA_USDC	377.56	0.0100	pay 0.0100% / 8h	6h 37m	$41K	$20K	20x
Short	RISEx TSLA/USDC	377.70	0	get 0.0000% / 1h	37m 11s	$292K	$598K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx 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 RISExbpOrdersPrice spread, now +0.036%Rate

Funding earned: −$21
Price spread: +0.036% → 0.000%: $3.63
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee RISEx: 3 bp × 2 orders: −$6
Net: −$29.37
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: Orderly: no order-book sample; RISEx: live order book, 31 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 RISEx live order book, 31 min ago	1.73 bp	4.7 bp −$5	5.7 bp −$57	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	−0.0700%	4h	377.11	−0.118%	$398K	$1.0M	10x	as long as short
Hotstuff TSLA-PERP	−0.0064%	1h	377.26	−0.079%	$34K	—	20x	as long as short
BloFin TSLA-USDT	−0.0027%	8h	376.98	−0.154%	$576K	$341K	20x	as long as short
Coinbase International TSLA-PERP-INTX	−0.0016%	1h	377.25	−0.082%	$513K	$329K	10x	as long as short
Aster TSLAUSDT	0.0000%	8h	377.61	+0.014%	$578K	$195K	50x	as long as short
Extended TSLA_24_5-USD	0.0000%	1h	377.61	+0.012%	$479K	$10.3M	10x	as long as short
Binance TSLAUSDT	0.0000%	8h	377.68	+0.032%	$47.3M	$110.0M	25x	as long as short
Bybit TSLAUSDT	0.0000%	8h	377.80	+0.064%	$10.3M	$15.5M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	377.63	+0.019%	$11.2M	$16.8M	25x	as long as short
RISEx TSLA/USDCshort	0.0000%	1h	377.70	+0.036%	$292K	$598K	20x

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate TSLA_USDT	0.0000%	8h	377.63	+0.019%	$2.3M	$3.8M	100x	as long as short
Bitget TSLAUSDT	0.0000%	8h	377.64	+0.021%	$16.9M	$22.8M	100x	as long as short
Variational Omni TSLA	0.0000%	8h	376.93	−0.168%	$1.9M	$1.3M	—	as long as short
StandX TSLA-USD	0.0000%	1h	377.40	−0.042%	$200K	$907K	20x	as long as short
Bullet TSLA-USD	0.0000%	1h	377.73	+0.045%	$6K	$93K	10x	as long as short
Deribit TSLA_USDC-PERPETUAL	0.0000%	1h	377.53	−0.008%	$20K	$187K	10x	as long as short
Phemex TSLAUSDT	0.0000%	4h	377.64	+0.021%	$1.1M	$14K	10x	as long as short
Aftermath Perps TSLAUSD	+0.0009%	1h	376.99	−0.152%	$38K	$45K	10x	as long as short
QFEX TSLA-USD	+0.0023%	1h	377.57	+0.003%	$1.3M	$6.7M	10x	as long as short
Lighter TSLA	+0.0032%	1h	377.70	+0.037%	$825K	$3.6M	20x	as long as short
Lighter RH TSLA	+0.0032%	1h	377.70	+0.037%	$1.2M	$2.6M	20x	as long as short
Arcus TSLA-USD	+0.0040%	1h	377.07	−0.130%	$163K	$93K	10x	as long as short
tradeXYZ xyz:TSLA	+0.0045%	1h	377.47	−0.024%	$44.4M	$14.0M	20x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	377.69	+0.034%	—	$130K	25x	as long as short
GRVT TSLA_USDT_Perp	+0.0048%	8h	377.31	−0.066%	$849K	$2.8M	10x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	377.50	−0.016%	$302K	$310K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	377.55	−0.003%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	377.36	−0.053%	$1.5M	$1.1M	10x	as long as short
Nado TSLA-PERP	+0.0083%	1h	377.59	+0.008%	$491K	$112K	20x	as long as short
Pacifica TSLA	+0.0100%	1h	377.54	−0.005%	$391K	$38K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	377.26	−0.079%	$1.5M	$105K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	377.12	−0.117%	$4K	$61K	50x	as long as short
Orderly PERP_TSLA_USDClong	+0.0100%	8h	377.56	long leg	$41K	$20K	20x
Aevo TSLA-PERP	+0.0104%	1h	377.60	+0.010%	$748	—	10x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	378.19	+0.167%	$79K	$36K	30x	as long as short
Phoenix TSLA	+0.0255%	1h	377.47	−0.024%	$1.3M	$539K	20x	as long as short