Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.014%

Price spread now: Orderly against tradeXYZ+0.058%7-day average — · you sell dearer than you buy

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

Long on tradeXYZ Short on Orderly

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—+ Points / potential airdroptradeXYZ: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Orderly is 0.058% dearer against tradeXYZ than usual: you sell high and buy low: +$6 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	tradeXYZ xyz:TSLA	377.09	0.0050	pay 0.0006% / 1h	13m 22s	$44.3M	$14.2M	20x
Short	Orderly PERP_TSLA_USDC	377.31	0.0100	get 0.0100% / 8h	6h 13m	$41K	$20K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly against tradeXYZ. 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 tradeXYZbpFee OrderlybpOrdersPrice spread, now +0.058%Rate

Funding earned: $10.5
Price spread: +0.058% → 0.000%: $5.83
Slippage, 4 orders: no order book: not counted
Fee tradeXYZ: 9 bp × 2 orders: −$18
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$7.67
Costs to cover: 0.240%
Break-even: 12.1 days

Slippage unknown: tradeXYZ: live order book, 6 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 tradeXYZ live order book, 6 min ago	0.53 bp	9.7 bp −$10	11.2 bp −$112	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 35 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	−0.0129%	4h	377.40	+0.081%	$399K	$1.0M	10x	as long as short
Coinbase International TSLA-PERP-INTX	−0.0016%	1h	377.33	+0.064%	$513K	$328K	10x	as long as short
Aster TSLAUSDT	0.0000%	8h	377.31	+0.058%	$578K	$196K	50x	as long as short
Extended TSLA_24_5-USD	0.0000%	1h	377.28	+0.052%	$481K	$9.1M	10x	as long as short
Binance TSLAUSDT	0.0000%	8h	377.36	+0.072%	$47.4M	$110.6M	25x	as long as short
Bybit TSLAUSDT	0.0000%	8h	377.49	+0.106%	$10.3M	$15.5M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	377.31	+0.058%	$11.2M	$16.8M	25x	as long as short
RISEx TSLA/USDC	0.0000%	1h	377.43	+0.089%	$290K	$599K	20x	as long as short
Variational Omni TSLA	0.0000%	8h	377.41	+0.084%	$1.9M	$1.4M	—	as long as short
GRVT TSLA_USDT_Perp	0.0000%	8h	377.53	+0.116%	$852K	$2.8M	10x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
StandX TSLA-USD	0.0000%	1h	377.40	+0.082%	$200K	$909K	20x	as long as short
Bullet TSLA-USD	0.0000%	1h	377.37	+0.075%	$5K	$92K	10x	as long as short
Deribit TSLA_USDC-PERPETUAL	0.0000%	1h	377.22	+0.034%	$20K	$187K	10x	as long as short
Phemex TSLAUSDT	0.0000%	4h	377.43	+0.090%	$1.1M	$15K	10x	as long as short
Bitget TSLAUSDT	+0.0003%	8h	377.28	+0.050%	$17.0M	$22.9M	100x	as long as short
Aftermath Perps TSLAUSD	+0.0007%	1h	377.27	+0.048%	$38K	$45K	10x	as long as short
QFEX TSLA-USD	+0.0023%	1h	377.29	+0.053%	$1.2M	$6.7M	10x	as long as short
Lighter TSLA	+0.0032%	1h	377.32	+0.061%	$824K	$3.6M	20x	as long as short
Lighter RH TSLA	+0.0032%	1h	377.35	+0.069%	$1.2M	$2.6M	20x	as long as short
Arcus TSLA-USD	+0.0040%	1h	377.26	+0.045%	$163K	$93K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	377.43	+0.090%	—	$130K	25x	as long as short
tradeXYZ xyz:TSLAlong	+0.0050%	1h	377.09	long leg	$44.3M	$14.2M	20x
Polymarket Perps TSLA-USD	+0.0050%	1h	377.19	+0.027%	$301K	$311K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	377.27	+0.048%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	377.23	+0.037%	$1.5M	$1.1M	10x	as long as short
Gate TSLA_USDT	+0.0052%	8h	377.35	+0.069%	$2.3M	$3.8M	100x	as long as short
Hotstuff TSLA-PERP	+0.0064%	1h	377.08	−0.003%	$34K	—	20x	as long as short
Nado TSLA-PERP	+0.0098%	1h	377.24	+0.041%	$491K	$112K	20x	as long as short
Pacifica TSLA	+0.0100%	1h	377.25	+0.042%	$391K	$37K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	377.29	+0.053%	$1.5M	$105K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	377.35	+0.069%	$4K	$61K	50x	as long as short
Orderly PERP_TSLA_USDCshort	+0.0100%	8h	377.31	+0.058%	$41K	$20K	20x
Aevo TSLA-PERP	+0.0104%	1h	377.28	+0.050%	$747	—	10x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	378.46	+0.363%	$79K	$36K	30x	as long as short
Phoenix TSLA	+0.0255%	1h	377.48	+0.103%	$1.3M	$539K	20x	as long as short