Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.030%

Price spread now: Phemex against ApeX Omni+0.080%7-day average — · you sell dearer than you buy

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

Long on ApeX Omni Short on Phemex

What this pair did over the last

the charts below follow

Funding, last 7 days−0.210%−$21 on $10k

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. Phemex is 0.080% dearer against ApeX Omni than usual: you sell high and buy low (spread +0.080% now, against zero (this spread has no 7-day history yet)): +$8 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.7 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni TSLAUSDT	376.89	0.0100	pay 0.0013% / 1h	5m 00s	$4K	$61K	50x
Short	Phemex TSLAUSDT	377.19	0	get 0.0000% / 4h	1h 05m	$1.1M	$14K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phemex against ApeX Omni. 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 ApeX OmnibpFee PhemexbpOrdersPrice spread, now +0.080%Rate

Funding earned: −$21
Price spread: +0.080% → 0.000%: $7.96
Slippage, 4 orders: no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Phemex: 6 bp × 2 orders: −$12
Net: −$35.04
Costs to cover: 0.220%
Break-even: never at this rate

Slippage unknown: ApeX Omni: no order-book sample; Phemex: live order book, 3 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 ApeX Omni no order-book sample	—	—	—	—	—
Sell Phemex live order book, 3 min ago	1.86 bp	26.3 bp −$26	doesn't fit	doesn't fit	doesn't fit

ApeX Omni: 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	−0.0824%	4h	377.09	+0.054%	$398K	$1.0M	10x	as long as short
BloFin TSLA-USDT	−0.0013%	8h	377.19	+0.080%	$577K	$354K	20x	as long as short
Aster TSLAUSDT	0.0000%	8h	377.21	+0.085%	$578K	$196K	50x	as long as short
Extended TSLA_24_5-USD	0.0000%	1h	377.08	+0.051%	$484K	$5.9M	10x	as long as short
Binance TSLAUSDT	0.0000%	8h	377.18	+0.077%	$47.4M	$110.9M	25x	as long as short
Bybit TSLAUSDT	0.0000%	8h	377.25	+0.096%	$10.3M	$15.4M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	377.11	+0.058%	$11.2M	$16.9M	25x	as long as short
RISEx TSLA/USDC	0.0000%	1h	377.20	+0.083%	$290K	$586K	20x	as long as short
Bitget TSLAUSDT	0.0000%	8h	377.10	+0.056%	$17.1M	$22.9M	100x	as long as short
Variational Omni TSLA	0.0000%	8h	377.03	+0.038%	$1.9M	$1.4M	—	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
StandX TSLA-USD	0.0000%	1h	377.16	+0.072%	$200K	$909K	20x	as long as short
Deribit TSLA_USDC-PERPETUAL	0.0000%	1h	376.97	+0.021%	$20K	$188K	10x	as long as short
Coinbase International TSLA-PERP-INTX	0.0000%	1h	377.04	+0.040%	$513K	$331K	10x	as long as short
Phemex TSLAUSDTshort	0.0000%	4h	377.19	+0.080%	$1.1M	$14K	10x
Aftermath Perps TSLAUSD	+0.0015%	1h	377.09	+0.052%	$38K	$43K	10x	as long as short
QFEX TSLA-USD	+0.0019%	1h	377.12	+0.061%	$1.2M	$6.6M	10x	as long as short
Lighter RH TSLA	+0.0032%	1h	377.12	+0.061%	$1.2M	$2.6M	20x	as long as short
Arcus TSLA-USD	+0.0040%	1h	376.94	+0.013%	$162K	$96K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	377.09	+0.053%	—	$130K	25x	as long as short
Hotstuff TSLA-PERP	+0.0048%	1h	376.80	−0.024%	$34K	—	20x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	376.86	−0.008%	$44.3M	$14.3M	20x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	377.07	+0.048%	$301K	$309K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	377.10	+0.056%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	376.82	−0.019%	$1.6M	$1.1M	10x	as long as short
GRVT TSLA_USDT_Perp	+0.0055%	8h	377.19	+0.079%	$846K	$2.8M	10x	as long as short
Lighter TSLA	+0.0056%	1h	377.15	+0.069%	$820K	$3.6M	20x	as long as short
Bullet TSLA-USD	+0.0098%	1h	377.18	+0.077%	$5K	$92K	10x	as long as short
Pacifica TSLA	+0.0100%	1h	377.01	+0.032%	$391K	$38K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	376.96	+0.019%	$1.5M	$105K	20x	as long as short
ApeX Omni TSLAUSDTlong	+0.0100%	1h	376.89	long leg	$4K	$61K	50x
Orderly PERP_TSLA_USDC	+0.0100%	8h	377.11	+0.058%	$41K	$24K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	377.09	+0.054%	$747	—	10x	as long as short
Gate TSLA_USDT	+0.0129%	8h	377.16	+0.072%	$2.3M	$3.7M	100x	as long as short
Nado TSLA-PERP	+0.0190%	1h	376.95	+0.015%	$490K	$112K	20x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	378.16	+0.337%	$79K	$36K	30x	as long as short
Phoenix TSLA	+0.0254%	1h	377.09	+0.053%	$1.3M	$539K	20x	as long as short