TSLA

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0332%/8h= +36.3% APRnext payment +$0.41 per $10,000 · paid last 24h +0.086%

Price spread now: Phoenix against Extended+0.009%68s7-day average +0.084% · you sell dearer than you buy

Net, funding: paid 7d − costs+$30as in the Funding arb table

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

costs, in and out, $10k−$280.279% of the position

Long on Extended Short on Phoenix

What this pair did over the last

the charts below follow

Funding, last 7 days+0.574%+$57 on $10k

Price spread, last 7 days+0.140%+$14 · spread now +0.009%, 7d avg +0.084%

Together, before fees+0.714%+ Points / potential airdropExtended: Active · farm board+$71 on $10k · with fees, hour by hour

Funding pays, the price is against you. Phoenix is 0.075% cheaper against Extended than usual: you would sell low and buy high (spread +0.009% now, against its 7-day average of +0.084%). If the spread goes back, that is −$7 on $10k: about 18 hours of funding at the current rate (+$10 a day). The two prices were read 68 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	Extended TSLA_24_5-USD	376.11	0.0072	pay 0.0009% / 1h	48m 11s	$483K	$2.7M	10x
Short	Phoenix TSLA	376.14	0.0404	get 0.0050% / 1h	48m 11s	$1.3M	$507K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phoenix 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 PhoenixbpOrdersPrice spread, now +0.009%Rate

Funding earned: $69.66
Price spread: +0.009% → +0.084%: −$7.49
Slippage, 4 orders: −$15.85
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Phoenix: 3.5 bp × 2 orders: −$7
Net: $34.32
Costs to cover: 0.279%
Break-even: 3.6 days

Slippage from Extended: live order book, 5 min ago; Phoenix: live order book, 5 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, 5 min ago	0.13 bp	4.1 bp −$4	17.9 bp −$179	doesn't fit	doesn't fit
Sell Phoenix live order book, 5 min ago	2.66 bp	9.8 bp −$10	20.0 bp −$200	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	−0.0294%	4h	375.73	−0.100%	$397K	$1.0M	10x	as long as short
Hotstuff TSLA-PERP	−0.0176%	1h	375.65	−0.121%	$34K	—	20x	as long as short
Bybit TSLAUSDT	0.0000%	8h	376.16	+0.014%	$10.2M	$15.2M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	376.16	+0.014%	$11.2M	$16.8M	25x	as long as short
Gate TSLA_USDT	0.0000%	8h	376.15	+0.012%	$2.3M	$3.3M	100x	as long as short
Bitget TSLAUSDT	0.0000%	8h	376.18	+0.020%	$17.3M	$23.0M	100x	as long as short
GRVT TSLA_USDT_Perp	0.0000%	8h	376.06	−0.013%	$845K	$2.9M	10x	as long as short
StandX TSLA-USD	0.0000%	1h	376.11	+0.001%	$200K	$923K	20x	as long as short
Deribit TSLA_USDC-PERPETUAL	0.0000%	1h	376.11	+0.001%	$18K	$190K	10x	as long as short
Phemex TSLAUSDT	0.0000%	4h	376.10	−0.002%	$1.1M	$14K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster TSLAUSDT	+0.0014%	8h	376.25	+0.037%	$574K	$200K	50x	as long as short
Aftermath Perps TSLAUSD	+0.0031%	1h	375.93	−0.047%	$38K	$36K	10x	as long as short
Lighter TSLA	+0.0032%	1h	376.13	+0.006%	$805K	$3.7M	20x	as long as short
Lighter RH TSLA	+0.0032%	1h	376.12	+0.004%	$1.2M	$2.5M	20x	as long as short
Arcus TSLA-USD	+0.0040%	1h	375.98	−0.033%	$135K	$107K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	376.14	+0.009%	—	$125K	25x	as long as short
Variational Omni TSLA	+0.0048%	8h	376.06	−0.011%	$1.8M	$1.3M	—	as long as short
QFEX TSLA-USD	+0.0048%	1h	376.13	+0.006%	$1.2M	$6.2M	10x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	375.92	−0.049%	$44.6M	$14.7M	20x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	375.91	−0.052%	$300K	$161K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	376.10	−0.002%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	375.90	−0.055%	$1.6M	$1.1M	10x	as long as short
BloFin TSLA-USDT	+0.0069%	8h	376.23	+0.033%	$581K	$357K	20x	as long as short
Extended TSLA_24_5-USDlong	+0.0072%	1h	376.11	long leg	$483K	$2.7M	10x
Binance TSLAUSDT	+0.0075%	8h	376.20	+0.025%	$47.1M	$114.4M	25x	as long as short
Bullet TSLA-USD	+0.0077%	1h	376.20	+0.026%	$6K	$92K	10x	as long as short
Pacifica TSLA	+0.0100%	1h	375.98	−0.033%	$389K	$36K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	375.96	−0.039%	$1.5M	$2.1M	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	375.86	−0.065%	$4K	$62K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	376.19	+0.022%	$41K	$23K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	376.15	+0.012%	$745	—	10x	as long as short
Nado TSLA-PERP	+0.0151%	1h	376.00	−0.027%	$498K	$116K	20x	as long as short
Coinbase International TSLA-PERP-INTX	+0.0160%	1h	376.02	−0.023%	$507K	$357K	10x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	379.58	+0.924%	$79K	$37K	30x	as long as short
RISEx TSLA/USDC	+0.0290%	1h	376.20	+0.025%	$215K	$653K	20x	as long as short
Phoenix TSLAshort	+0.0404%	1h	376.14	+0.009%	$1.3M	$507K	20x