Funding you earn now, next payment 11:00 UTC−0.0200%/8h= −21.9% APRnext payment −$0.25 per $10,000 · paid last 24h −0.039%
Price spread now: StandX against Nado−0.112%7-day average +0.027% · 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−$56as in the Price arb table
costs, in and out, $10k−$420.425% of the position
Funding, last 4 days (all we have)+0.012%+$1 on $10k
+Price spread, last 4 days (all we have)+0.175%+$18 · spread now −0.112%, 7d avg +0.027%
=Together, before fees+0.187%+ Points / potential airdropNado: Active · StandX: Active · farm board+$19 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and StandX is 0.139% cheaper against Nado than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of +0.027%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.012% in total (about 1.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.25 per $10,000. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado TSLA-PERP | 378.15 | 0.0200 | pay 0.0025% / 1h | 6m 28s | $502K | $99K | 20x |
| Short | StandX TSLA-USD | 377.73 | 0 | get 0.0000% / 1h | 6m 28s | $200K | $992K | 20x |
Nado TSLA-PERP
StandX TSLA-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
StandX against Nado. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$41.96
- Price spread: −0.112% → +0.027%
- −$13.88
- Slippage, 4 orders
- −$27.49
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee StandX: 4 bp × 2 orders
- −$8
- Net
- −$98.33
- Costs to cover
- 0.425%
- Break-even
- never at this rate
Slippage from Nado: live order book, 40 min ago; StandX: live order book, 40 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, 40 min ago | 4.89 bp | 13.7 bp −$14 | 21.3 bp −$213 | doesn't fit | doesn't fit |
| Sell StandX live order book, 40 min ago | 2.77 bp | 8.1 bp −$8 | 14.6 bp −$146 | doesn't fit | doesn't fit |
TSLA on 36 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff TSLA-PERP | −0.1600% | 1h | 377.55 | −0.159% | $34K | — | 20x | as long as short |
| edgeX TSLAUSDC | −0.0377% | 4h | 377.82 | −0.087% | $398K | $1.0M | 10x | as long as short |
| Bybit TSLAUSDT | 0.0000% | 8h | 378.37 | +0.058% | $10.2M | $14.3M | 100x | as long as short |
| OKX TSLA-USDT-SWAP | 0.0000% | 8h | 378.39 | +0.063% | $11.3M | $15.7M | 25x | as long as short |
| Gate TSLA_USDT | 0.0000% | 8h | 378.39 | +0.063% | $2.3M | $3.2M | 100x | as long as short |
| Bitget TSLAUSDT | 0.0000% | 8h | 378.32 | +0.044% | $17.4M | $24.5M | 100x | as long as short |
| StandX TSLA-USDshort | 0.0000% | 1h | 377.73 | −0.112% | $200K | $992K | 20x | |
| Deribit TSLA_USDC-PERPETUAL | 0.0000% | 1h | 377.67 | −0.127% | $18K | $188K | 10x | as long as short |
| Phemex TSLAUSDT | 0.0000% | 4h | 378.34 | +0.050% | $1.1M | $14K | 10x | as long as short |
| Aftermath Perps TSLAUSD | +0.0023% | 1h | 377.73 | −0.113% | $38K | $36K | 10x | as long as short |
Hotstuff TSLA-PERP
edgeX TSLAUSDC
Bybit TSLAUSDT
OKX TSLA-USDT-SWAP
Gate TSLA_USDT
Bitget TSLAUSDT
Deribit TSLA_USDC-PERPETUAL
Phemex TSLAUSDT
Aftermath Perps TSLAUSDShow all 36 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH TSLA | +0.0032% | 1h | 378.31 | +0.042% | $1.2M | $2.5M | 20x | as long as short |
| Injective TSLA/USDC PERP | +0.0033% | 1h | 377.45 | −0.186% | $74K | $41K | 30x | as long as short |
| Arcus TSLA-USD | +0.0044% | 1h | 378.15 | 0.000% | $133K | $85K | 10x | as long as short |
| Vest TSLA-USD-PERP | +0.0046% | 1h | 377.79 | −0.096% | — | $126K | 25x | as long as short |
| tradeXYZ xyz:TSLA | +0.0050% | 1h | 378.07 | −0.022% | $44.8M | $14.8M | 20x | as long as short |
| Polymarket Perps TSLA-USD | +0.0050% | 1h | 377.65 | −0.133% | $301K | $134K | 10x | as long as short |
| SoDEX TSLA-USD | +0.0050% | 1h | 377.83 | −0.085% | $4K | $3K | 10x | as long as short |
| Ondo Perps TSLA-USD.P | +0.0050% | 1h | 378.04 | −0.030% | $1.6M | $1.2M | 10x | as long as short |
| QFEX TSLA-USD | +0.0051% | 1h | 378.24 | +0.023% | $1.2M | $6.3M | 10x | as long as short |
| Lighter TSLA | +0.0088% | 1h | 378.33 | +0.047% | $813K | $3.6M | 20x | as long as short |
| Pacifica TSLA | +0.0100% | 1h | 378.18 | +0.007% | $392K | $36K | 10x | as long as short |
| KuCoin TSLAUSDTM | +0.0100% | 8h | 377.96 | −0.051% | $1.4M | $4.4M | 20x | as long as short |
| ApeX Omni TSLAUSDT | +0.0100% | 1h | 377.67 | −0.127% | $4K | $62K | 50x | as long as short |
| Orderly PERP_TSLA_USDC | +0.0100% | 8h | 377.79 | −0.096% | $41K | $23K | 20x | as long as short |
| Aevo TSLA-PERP | +0.0104% | 1h | 377.79 | −0.095% | $748 | — | 10x | as long as short |
| Coinbase International TSLA-PERP-INTX | +0.0112% | 1h | 378.04 | −0.030% | $520K | $384K | 10x | as long as short |
| Aster TSLAUSDT | +0.0124% | 8h | 378.42 | +0.070% | $576K | $200K | 50x | as long as short |
| Variational Omni TSLA | +0.0154% | 8h | 377.86 | −0.078% | $1.7M | $1.5M | — | as long as short |
| Bullet TSLA-USD | +0.0174% | 1h | 377.85 | −0.080% | $5K | $94K | 10x | as long as short |
| Binance TSLAUSDT | +0.0179% | 8h | 378.39 | +0.063% | $47.5M | $115.1M | 25x | as long as short |
| Extended TSLA_24_5-USD | +0.0184% | 1h | 378.27 | +0.030% | $483K | $2.7M | 10x | as long as short |
| BloFin TSLA-USDT | +0.0195% | 8h | 378.48 | +0.087% | $592K | $376K | 20x | as long as short |
| Nado TSLA-PERPlong | +0.0200% | 1h | 378.15 | long leg | $502K | $99K | 20x | |
| RISEx TSLA/USDC | +0.0351% | 1h | 378.39 | +0.063% | $229K | $633K | 20x | as long as short |
| Phoenix TSLA | +0.0360% | 1h | 378.00 | −0.040% | $1.3M | $484K | 20x | as long as short |
| GRVT TSLA_USDT_Perp | +0.0413% | 8h | 378.01 | −0.038% | $848K | $2.9M | 10x | as long as short |
Lighter RH TSLA
Injective TSLA/USDC PERP
Arcus TSLA-USD
Vest TSLA-USD-PERP
tradeXYZ xyz:TSLA
Polymarket Perps TSLA-USD
SoDEX TSLA-USD
Ondo Perps TSLA-USD.P
QFEX TSLA-USD
Lighter TSLA
Pacifica TSLA
KuCoin TSLAUSDTM
ApeX Omni TSLAUSDT
Orderly PERP_TSLA_USDC
Aevo TSLA-PERP
Coinbase International TSLA-PERP-INTX
Aster TSLAUSDT
Variational Omni TSLA
Bullet TSLA-USD
Binance TSLAUSDT
Extended TSLA_24_5-USD
BloFin TSLA-USDT
RISEx TSLA/USDC
Phoenix TSLA
GRVT TSLA_USDT_Perp