Settings8H · net · $10k
Funding arb · Price arb /

TSLA

RWAall TSLA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0062%/8h= +6.8% APRnext payment +$0.31 per $10,000 · paid last 24h +0.169%
Price spread now: Phemex against edgeX+0.031%7-day average +0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$81as in the Funding arb table
Net, price: spread back to 7d avg − costs−$82as in the Price arb table
costs, in and out, $10k−$840.844% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.033%+$3 on $10k
Price spread, last 3 days (all we have)−0.032%−$3 · spread now +0.031%, 7d avg +0.006%
Together, before fees+0.001%+ Points / potential airdropedgeX: Active · farm board$0 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Phemex is 0.024% dearer against edgeX than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.006%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX TSLAUSDC376.22−0.0062get 0.0031% / 4h3h 29m$398K$1.0M10x
ShortPhemex TSLAUSDT376.330get 0.0000% / 4h3h 29m$1.1M$13K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Phemex against edgeX. 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

Funding earned
$13.09
Price spread: +0.031% → +0.006%
$2.44
Slippage, 4 orders
−$63.38
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Phemex: 6 bp × 2 orders
−$12
Net
−$68.85
Costs to cover
0.844%
Break-even
43.8 days
Slippage from edgeX: live order book, 4 min ago; Phemex: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy edgeX live order book, 4 min ago4.26 bp9.0 bp −$912.0 bp −$120doesn't fitdoesn't fit
Sell Phemex live order book, 3 min ago1.73 bp37.5 bp −$37doesn't fitdoesn't fitdoesn't fit

TSLA on 36 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX TSLAUSDClong−0.0062%4h376.22long leg$398K$1.0M10x
Aster TSLAUSDT0.0000%8h376.21−0.002%$585K$191K50xas long as short
Extended TSLA_24_5-USD0.0000%1h376.34+0.033%$479K$11.6M10xas long as short
Binance TSLAUSDT0.0000%8h376.42+0.054%$47.0M$109.4M25xas long as short
Bybit TSLAUSDT0.0000%8h376.38+0.044%$10.2M$15.4M100xas long as short
OKX TSLA-USDT-SWAP0.0000%8h376.36+0.039%$11.2M$16.8M25xas long as short
Gate TSLA_USDT0.0000%8h376.34+0.033%$2.3M$3.9M100xas long as short
Bitget TSLAUSDT0.0000%8h376.29+0.020%$16.8M$22.7M100xas long as short
Variational Omni TSLA0.0000%8h376.24+0.006%$1.9M$1.3Mas long as short
StandX TSLA-USD0.0000%1h376.25+0.009%$200K$893K20xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex TSLAUSDTshort0.0000%4h376.33+0.031%$1.1M$13K10x
BloFin TSLA-USDT+0.0006%8h376.27+0.015%$571K$339K20xas long as short
Aftermath Perps TSLAUSD+0.0009%1h376.05−0.044%$38K$46K10xas long as short
QFEX TSLA-USD+0.0028%1h376.30+0.023%$1.2M$7.1M10xas long as short
Lighter TSLA+0.0032%1h376.36+0.039%$717K$3.4M20xas long as short
Lighter RH TSLA+0.0032%1h376.39+0.046%$1.2M$2.6M20xas long as short
Arcus TSLA-USD+0.0040%1h376.16−0.015%$163K$93K10xas long as short
Vest TSLA-USD-PERP+0.0046%1h376.23+0.004%$133K25xas long as short
Coinbase International TSLA-PERP-INTX+0.0048%1h375.11−0.294%$529K$307K10xas long as short
tradeXYZ xyz:TSLA+0.0050%1h376.14−0.020%$44.3M$14.2M20xas long as short
Polymarket Perps TSLA-USD+0.0050%1h376.09−0.033%$298K$308K10xas long as short
SoDEX TSLA-USD+0.0050%1h376.32+0.028%$4K$3K10xas long as short
Ondo Perps TSLA-USD.P+0.0050%1h376.02−0.052%$1.6M$1.0M10xas long as short
Deribit TSLA_USDC-PERPETUAL+0.0069%1h376.33+0.031%$20K$186K10xas long as short
RISEx TSLA/USDC+0.0079%1h376.42+0.054%$291K$598K20xas long as short
Pacifica TSLA+0.0100%1h376.23+0.004%$390K$38K10xas long as short
KuCoin TSLAUSDTM+0.0100%8h376.02−0.052%$1.5M$106K20xas long as short
ApeX Omni TSLAUSDT+0.0100%1h375.97−0.065%$4K$62K50xas long as short
Orderly PERP_TSLA_USDC+0.0100%8h376.32+0.028%$41K$20K20xas long as short
GRVT TSLA_USDT_Perp+0.0104%8h376.37+0.041%$846K$2.7M10xas long as short
Aevo TSLA-PERP+0.0104%1h376.26+0.011%$74510xas long as short
Bullet TSLA-USD+0.0115%1h376.37+0.042%$5K$92K10xas long as short
Hotstuff TSLA-PERP+0.0120%1h376.12−0.025%$34K20xas long as short
Nado TSLA-PERP+0.0135%1h376.15−0.018%$489K$112K20xas long as short
Injective TSLA/USDC PERP+0.0220%1h377.22+0.267%$78K$36K30xas long as short
Phoenix TSLA+0.0277%1h376.07−0.039%$1.3M$547K20xas long as short