TSLA

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0255%/8h= +27.9% APRnext payment +$0.32 per $10,000 · paid last 24h +0.087%

Price spread now: Phoenix against Deribit−0.061%70s7-day average +0.057% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$330.327% of the position

Long on Deribit Short on Phoenix

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)+0.128%+$13 on $10k

Price spread, last 4 days (all we have)+0.168%+$17 · spread now −0.061%, 7d avg +0.057%

Together, before fees+0.296%+$30 on $10k · with fees, hour by hour

Funding pays, the price is against you. Phoenix is 0.118% cheaper against Deribit than usual: you would sell low and buy high (spread −0.061% now, against its 7-day average of +0.057%). If the spread goes back, that is −$12 on $10k: about 37 hours of funding at the current rate (+$8 a day). At the pace of the last 5 days (+0.128% in total) that is about 4.4 days. The two prices were read 70 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit TSLA_USDC-PERPETUAL	376.68	0	get 0.0000% / 1h	42m 17s	$20K	$188K	10x
Short	Phoenix TSLA	376.45	0.0255	get 0.0032% / 1h	42m 17s	$1.3M	$539K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phoenix against Deribit. 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 DeribitbpFee PhoenixbpOrdersPrice spread, now −0.061%Rate

Funding earned: $53.47
Price spread: −0.061% → +0.057%: −$11.81
Slippage, 4 orders: −$18.74
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee Phoenix: 3.5 bp × 2 orders: −$7
Net: $8.92
Costs to cover: 0.327%
Break-even: 5.8 days

Slippage from Deribit: live order book, 16 min ago; Phoenix: live order book, 1 min ago.

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 Deribit live order book, 16 min ago	0.13 bp	9.2 bp −$9	10.7 bp −$107	doesn't fit	doesn't fit
Sell Phoenix live order book, 1 min ago	2.92 bp	10.0 bp −$10	20.3 bp −$203	doesn't fit	doesn't fit

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	−0.0944%	4h	376.49	−0.050%	$398K	$1.0M	10x	as long as short
BloFin TSLA-USDT	−0.0019%	8h	376.66	−0.005%	$577K	$353K	20x	as long as short
Aster TSLAUSDT	0.0000%	8h	376.74	+0.016%	$577K	$196K	50x	as long as short
Extended TSLA_24_5-USD	0.0000%	1h	376.62	−0.015%	$480K	$4.8M	10x	as long as short
Binance TSLAUSDT	0.0000%	8h	376.72	+0.011%	$47.3M	$111.1M	25x	as long as short
Bybit TSLAUSDT	0.0000%	8h	376.84	+0.042%	$10.3M	$15.4M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	376.66	−0.005%	$11.2M	$16.9M	25x	as long as short
RISEx TSLA/USDC	0.0000%	1h	376.75	+0.017%	$290K	$587K	20x	as long as short
Bitget TSLAUSDT	0.0000%	8h	376.64	−0.011%	$17.0M	$23.1M	100x	as long as short
Variational Omni TSLA	0.0000%	8h	376.42	−0.070%	$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	376.73	+0.013%	$200K	$906K	20x	as long as short
Deribit TSLA_USDC-PERPETUALlong	0.0000%	1h	376.68	long leg	$20K	$188K	10x
Phemex TSLAUSDT	0.0000%	4h	376.69	+0.003%	$1.1M	$14K	10x	as long as short
Aftermath Perps TSLAUSD	+0.0018%	1h	376.41	−0.072%	$38K	$42K	10x	as long as short
Lighter TSLA	+0.0032%	1h	376.70	+0.005%	$817K	$3.6M	20x	as long as short
Lighter RH TSLA	+0.0032%	1h	376.69	+0.003%	$1.2M	$2.5M	20x	as long as short
QFEX TSLA-USD	+0.0038%	1h	376.65	−0.008%	$1.2M	$6.5M	10x	as long as short
Arcus TSLA-USD	+0.0040%	1h	376.32	−0.096%	$162K	$96K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	376.73	+0.013%	—	$130K	25x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	376.43	−0.066%	$44.3M	$14.3M	20x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	376.43	−0.066%	$301K	$309K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	376.62	−0.016%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	376.32	−0.096%	$1.6M	$1.1M	10x	as long as short
Coinbase International TSLA-PERP-INTX	+0.0056%	1h	377.04	+0.096%	$513K	$331K	10x	as long as short
Bullet TSLA-USD	+0.0061%	1h	376.72	+0.010%	$5K	$92K	10x	as long as short
GRVT TSLA_USDT_Perp	+0.0072%	8h	376.64	−0.011%	$843K	$2.8M	10x	as long as short
Pacifica TSLA	+0.0100%	1h	376.59	−0.025%	$390K	$38K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	376.66	−0.005%	$1.5M	$105K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	376.44	−0.064%	$4K	$62K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	376.68	0.000%	$41K	$23K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	376.59	−0.024%	$746	—	10x	as long as short
Gate TSLA_USDT	+0.0105%	8h	376.70	+0.005%	$2.3M	$3.6M	100x	as long as short
Hotstuff TSLA-PERP	+0.0112%	1h	376.45	−0.061%	$34K	—	20x	as long as short
Nado TSLA-PERP	+0.0167%	1h	376.64	−0.012%	$490K	$112K	20x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	377.69	+0.268%	$79K	$36K	30x	as long as short
Phoenix TSLAshort	+0.0255%	1h	376.45	−0.061%	$1.3M	$539K	20x