Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.014%

Price spread now: Phemex against Extended−0.008%7-day average +0.025% · you buy dearer than you sell

Net, funding: paid 7d − costs−$81as in the Funding arb table

Net, price: spread back to 7d avg − costs−$77as in the Price arb table

costs, in and out, $10k−$740.737% of the position

Long on Extended Short on Phemex

What this pair did over the last

the charts below follow

Funding, last 7 days−0.074%−$7 on $10k

Price spread, last 3 days (all we have)+0.029%+$3 · spread now −0.008%, 7d avg +0.025%

Together, before fees−0.045%+ Points / potential airdropExtended: Active · farm board−$4 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Phemex is 0.033% cheaper against Extended than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.025%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended TSLA_24_5-USD	375.63	0	get 0.0000% / 1h	21m 44s	$478K	$10.6M	10x
Short	Phemex TSLAUSDT	375.60	0	get 0.0000% / 4h	21m 44s	$1.1M	$13K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phemex against Extended. 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 ExtendedbpFee PhemexbpOrdersPrice spread, now −0.008%Rate

Funding earned: $0
Price spread: −0.008% → +0.025%: −$3.35
Slippage, 4 orders: −$56.66
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Phemex: 6 bp × 2 orders: −$12
Net: −$77
Costs to cover: 0.737%
Break-even: never at this rate

Slippage from Extended: live order book, 2 min ago; Phemex: 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 Extended live order book, 2 min ago	0.13 bp	4.1 bp −$4	12.9 bp −$129	doesn't fit	doesn't fit
Sell Phemex live order book, 1 min ago	0.93 bp	36.8 bp −$37	doesn't fit	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	−0.0943%	4h	375.57	−0.015%	$397K	$1.0M	10x	as long as short
Aster TSLAUSDT	0.0000%	8h	375.55	−0.022%	$584K	$191K	50x	as long as short
Extended TSLA_24_5-USDlong	0.0000%	1h	375.63	long leg	$478K	$10.6M	10x
Binance TSLAUSDT	0.0000%	8h	375.70	+0.019%	$46.8M	$110.1M	25x	as long as short
Bybit TSLAUSDT	0.0000%	8h	375.76	+0.034%	$10.2M	$15.4M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	375.71	+0.021%	$11.2M	$16.8M	25x	as long as short
Gate TSLA_USDT	0.0000%	8h	375.70	+0.019%	$2.3M	$4.1M	100x	as long as short
Bitget TSLAUSDT	0.0000%	8h	375.58	−0.013%	$16.7M	$22.6M	100x	as long as short
Variational Omni TSLA	0.0000%	8h	375.57	−0.016%	$1.9M	$1.2M	—	as long as short
StandX TSLA-USD	0.0000%	1h	375.66	+0.008%	$199K	$893K	20x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bullet TSLA-USD	0.0000%	1h	375.71	+0.020%	$5K	$90K	10x	as long as short
Deribit TSLA_USDC-PERPETUAL	0.0000%	1h	375.57	−0.016%	$20K	$187K	10x	as long as short
Phemex TSLAUSDTshort	0.0000%	4h	375.60	−0.008%	$1.1M	$13K	10x
Aftermath Perps TSLAUSD	+0.0009%	1h	375.54	−0.024%	$38K	$47K	10x	as long as short
BloFin TSLA-USDT	+0.0023%	8h	375.59	−0.011%	$571K	$341K	20x	as long as short
QFEX TSLA-USD	+0.0031%	1h	375.60	−0.008%	$1.2M	$7.2M	10x	as long as short
Lighter TSLA	+0.0032%	1h	375.65	+0.005%	$652K	$3.3M	20x	as long as short
Lighter RH TSLA	+0.0032%	1h	375.69	+0.016%	$1.2M	$2.6M	20x	as long as short
Hotstuff TSLA-PERP	+0.0032%	1h	375.40	−0.061%	$34K	—	20x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	375.58	−0.013%	—	$133K	25x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	375.46	−0.045%	$44.2M	$14.7M	20x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	375.56	−0.019%	$297K	$307K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	375.62	−0.003%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	375.37	−0.069%	$1.6M	$1.0M	10x	as long as short
Arcus TSLA-USD	+0.0083%	1h	375.49	−0.037%	$165K	$96K	10x	as long as short
RISEx TSLA/USDC	+0.0085%	1h	375.74	+0.028%	$255K	$577K	20x	as long as short
Nado TSLA-PERP	+0.0088%	1h	375.51	−0.032%	$492K	$110K	20x	as long as short
Pacifica TSLA	+0.0100%	1h	375.61	−0.005%	$389K	$38K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	375.50	−0.035%	$1.5M	$160K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	375.46	−0.045%	$4K	$62K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	375.49	−0.037%	$41K	$21K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	375.62	−0.003%	$744	—	10x	as long as short
Coinbase International TSLA-PERP-INTX	+0.0120%	1h	375.11	−0.139%	$529K	$328K	10x	as long as short
GRVT TSLA_USDT_Perp	+0.0143%	8h	375.63	−0.001%	$852K	$2.7M	10x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	376.62	+0.263%	$78K	$36K	30x	as long as short
Phoenix TSLA	+0.0362%	1h	375.59	−0.011%	$1.3M	$547K	20x	as long as short