TSLA

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0207%/8h= −22.7% APRnext payment −$0.26 per $10,000 · paid last 24h −0.019%

Price spread now: QFEX against Nado+0.048%7-day average +0.019% · you sell dearer than you buy

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

Net, price: spread back to 7d avg − costs−$35as in the Price arb table

costs, in and out, $10k−$380.381% of the position

Long on Nado Short on QFEX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.039%+$4 on $10k

Price spread, last 4 days (all we have)+0.400%+$40 · spread now +0.048%, 7d avg +0.019%

Together, before fees+0.439%+ Points / potential airdropNado: Active · farm board+$44 on $10k · with fees, hour by hour

The price spread pays, funding is against you. QFEX is 0.029% dearer against Nado than usual: you sell high and buy low (spread +0.048% now, against its 7-day average of +0.019%): +$3 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 11 hours.

The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.039% in total (about 4.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.26 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado TSLA-PERP	376.94	0.0274	pay 0.0034% / 1h	15m 20s	$499K	$116K	20x
Short	QFEX TSLA-USD	377.12	0.0067	get 0.0008% / 1h	15m 20s	$1.2M	$6.2M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

QFEX against Nado. 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 NadobpFee QFEXbpOrdersPrice spread, now +0.048%Rate

Funding earned: −$43.54
Price spread: +0.048% → +0.019%: $2.87
Slippage, 4 orders: −$21.15
Fee Nado: 3.5 bp × 2 orders: −$7
Fee QFEX: 5 bp × 2 orders: −$10
Net: −$78.82
Costs to cover: 0.381%
Break-even: never at this rate

Slippage from Nado: live order book, 23 min ago; QFEX: live order book, 4 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 Nado live order book, 23 min ago	4.25 bp	11.0 bp −$11	20.4 bp −$204	doesn't fit	doesn't fit
Sell QFEX live order book, 4 min ago	1.59 bp	6.6 bp −$7	6.8 bp −$68	12.6 bp −$1,258	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	−0.0034%	4h	377.53	+0.156%	$399K	$1.0M	10x	as long as short
Bybit TSLAUSDT	0.0000%	8h	377.26	+0.085%	$10.2M	$15.4M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	377.28	+0.090%	$11.3M	$17.0M	25x	as long as short
Gate TSLA_USDT	0.0000%	8h	377.24	+0.080%	$2.3M	$3.5M	100x	as long as short
Bitget TSLAUSDT	0.0000%	8h	377.01	+0.019%	$17.3M	$23.1M	100x	as long as short
StandX TSLA-USD	0.0000%	1h	377.07	+0.035%	$200K	$918K	20x	as long as short
Phemex TSLAUSDT	0.0000%	4h	377.18	+0.064%	$1.1M	$14K	10x	as long as short
Aster TSLAUSDT	+0.0018%	8h	376.95	+0.004%	$575K	$200K	50x	as long as short
Lighter RH TSLA	+0.0032%	1h	377.14	+0.053%	$1.2M	$2.6M	20x	as long as short
Aftermath Perps TSLAUSD	+0.0033%	1h	376.90	−0.012%	$38K	$36K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Arcus TSLA-USD	+0.0040%	1h	377.13	+0.051%	$135K	$108K	10x	as long as short
Deribit TSLA_USDC-PERPETUAL	+0.0042%	1h	377.11	+0.045%	$18K	$195K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	377.15	+0.056%	—	$125K	25x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	376.93	−0.003%	$44.7M	$15.0M	20x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	377.05	+0.029%	$301K	$303K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	376.93	−0.003%	$1.6M	$1.1M	10x	as long as short
Variational Omni TSLA	+0.0055%	8h	377.18	+0.063%	$1.8M	$1.3M	—	as long as short
QFEX TSLA-USDshort	+0.0067%	1h	377.12	+0.048%	$1.2M	$6.2M	10x
Hotstuff TSLA-PERP	+0.0072%	1h	376.88	−0.016%	$34K	—	20x	as long as short
Extended TSLA_24_5-USD	+0.0080%	1h	377.13	+0.051%	$483K	$2.7M	10x	as long as short
SoDEX TSLA-USD	+0.0081%	1h	377.14	+0.053%	$4K	$3K	10x	as long as short
Binance TSLAUSDT	+0.0083%	8h	377.21	+0.072%	$47.2M	$114.5M	25x	as long as short
BloFin TSLA-USDT	+0.0086%	8h	377.62	+0.181%	$579K	$357K	20x	as long as short
Pacifica TSLA	+0.0100%	1h	376.89	−0.013%	$390K	$37K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	376.89	−0.013%	$1.5M	$1.7M	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	377.92	+0.260%	$4K	$62K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	377.15	+0.056%	$41K	$23K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	377.14	+0.054%	$747	—	10x	as long as short
Lighter TSLA	+0.0144%	1h	377.16	+0.058%	$822K	$3.7M	20x	as long as short
Coinbase International TSLA-PERP-INTX	+0.0176%	1h	377.51	+0.151%	$511K	$357K	10x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	379.80	+0.759%	$79K	$36K	30x	as long as short
Bullet TSLA-USD	+0.0244%	1h	377.20	+0.069%	$6K	$91K	10x	as long as short
RISEx TSLA/USDC	+0.0257%	1h	377.29	+0.093%	$215K	$652K	20x	as long as short
Nado TSLA-PERPlong	+0.0274%	1h	376.94	long leg	$499K	$116K	20x
GRVT TSLA_USDT_Perp	+0.0291%	8h	377.95	+0.268%	$859K	$2.8M	10x	as long as short
Phoenix TSLA	+0.0404%	1h	377.51	+0.151%	$1.3M	$525K	20x	as long as short