Funding you earn now, next payment 21:00 UTC+0.0284%/8h= +31.1% APRnext payment +$0.35 per $10,000 · paid last 24h +0.065%
Price spread now: Phoenix against Pacifica+0.066%47s7-day average +0.075% · you sell dearer than you buy
Net, funding: paid 7d − costs+$6as 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−$410.406% of the position
Funding, last 7 days+0.469%+$47 on $10k
+Price spread, last 4 days (all we have)−0.087%−$9 · spread now +0.066%, 7d avg +0.075%
=Together, before fees+0.381%+ Points / potential airdropPacifica: Active · farm board+$38 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.075%, so right now this pair is about funding alone: +$9 a day on $10k at the current rate. The two prices were read 47 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 | Pacifica TSLA | 374.96 | 0.0100 | pay 0.0013% / 1h | 25m 50s | $389K | $37K | 10x |
| Short | Phoenix TSLA | 375.21 | 0.0384 | get 0.0048% / 1h | 25m 50s | $1.3M | $458K | 20x |
Pacifica TSLA
Phoenix TSLAFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix against Pacifica. 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
- $59.55
- Price spread: +0.066% → +0.075%
- −$0.92
- Slippage, 4 orders
- −$25.56
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- $18.07
- Costs to cover
- 0.406%
- Break-even
- 4.9 days
Slippage from Pacifica: live order book, 62 min ago; Phoenix: live order book, 3 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 Pacifica live order book, 62 min ago | 2.67 bp | 7.5 bp −$7 | doesn't fit | doesn't fit | doesn't fit |
| Sell Phoenix live order book, 3 min ago | 2.66 bp | 9.6 bp −$10 | 19.1 bp −$191 | 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 | −0.0684% | 4h | 375.08 | +0.033% | $397K | $1.0M | 10x | as long as short |
| Aster TSLAUSDT | 0.0000% | 8h | 375.05 | +0.024% | $588K | $187K | 50x | as long as short |
| Extended TSLA_24_5-USD | 0.0000% | 1h | 375.07 | +0.028% | $476K | $10.6M | 10x | as long as short |
| Binance TSLAUSDT | 0.0000% | 8h | 375.12 | +0.041% | $46.9M | $109.9M | 25x | as long as short |
| Bybit TSLAUSDT | 0.0000% | 8h | 375.09 | +0.034% | $10.2M | $15.6M | 100x | as long as short |
| OKX TSLA-USDT-SWAP | 0.0000% | 8h | 375.05 | +0.023% | $11.2M | $16.8M | 25x | as long as short |
| Gate TSLA_USDT | 0.0000% | 8h | 375.08 | +0.031% | $2.3M | $4.2M | 100x | as long as short |
| Bitget TSLAUSDT | 0.0000% | 8h | 375.07 | +0.029% | $16.6M | $22.5M | 100x | as long as short |
| Variational Omni TSLA | 0.0000% | 8h | 375.11 | +0.039% | $1.8M | $1.2M | — | as long as short |
| StandX TSLA-USD | 0.0000% | 1h | 375.11 | +0.039% | $199K | $897K | 20x | as long as short |
edgeX TSLAUSDC
Aster TSLAUSDT
Extended TSLA_24_5-USD
Binance TSLAUSDT
Bybit TSLAUSDT
OKX TSLA-USDT-SWAP
Gate TSLA_USDT
Bitget TSLAUSDT
Variational Omni TSLA
StandX TSLA-USDShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bullet TSLA-USD | 0.0000% | 1h | 375.08 | +0.032% | $5K | $91K | 10x | as long as short |
| Deribit TSLA_USDC-PERPETUAL | 0.0000% | 1h | 375.15 | +0.050% | $20K | $185K | 10x | as long as short |
| Phemex TSLAUSDT | 0.0000% | 4h | 375.10 | +0.037% | $1.1M | $13K | 10x | as long as short |
| Nado TSLA-PERP | +0.0002% | 1h | 374.99 | +0.008% | $484K | $90K | 20x | as long as short |
| Aftermath Perps TSLAUSD | +0.0017% | 1h | 375.02 | +0.015% | $38K | $50K | 10x | as long as short |
| BloFin TSLA-USDT | +0.0020% | 8h | 375.09 | +0.034% | $572K | $339K | 20x | as long as short |
| Lighter TSLA | +0.0032% | 1h | 375.08 | +0.031% | $647K | $3.4M | 20x | as long as short |
| Lighter RH TSLA | +0.0032% | 1h | 375.17 | +0.055% | $1.2M | $2.7M | 20x | as long as short |
| Vest TSLA-USD-PERP | +0.0046% | 1h | 375.12 | +0.042% | — | $133K | 25x | as long as short |
| QFEX TSLA-USD | +0.0046% | 1h | 375.06 | +0.026% | $1.2M | $7.1M | 10x | as long as short |
| tradeXYZ xyz:TSLA | +0.0050% | 1h | 374.95 | −0.003% | $43.5M | $14.4M | 20x | as long as short |
| Polymarket Perps TSLA-USD | +0.0050% | 1h | 374.95 | −0.003% | $297K | $292K | 10x | as long as short |
| SoDEX TSLA-USD | +0.0050% | 1h | 375.07 | +0.029% | $4K | $3K | 10x | as long as short |
| Ondo Perps TSLA-USD.P | +0.0050% | 1h | 374.73 | −0.062% | $1.6M | $1.0M | 10x | as long as short |
| Hotstuff TSLA-PERP | +0.0064% | 1h | 374.95 | −0.003% | $34K | — | 20x | as long as short |
| Pacifica TSLAlong | +0.0100% | 1h | 374.96 | long leg | $389K | $37K | 10x | |
| KuCoin TSLAUSDTM | +0.0100% | 8h | 375.03 | +0.018% | $1.5M | $159K | 20x | as long as short |
| ApeX Omni TSLAUSDT | +0.0100% | 1h | 375.05 | +0.023% | $4K | $62K | 50x | as long as short |
| Orderly PERP_TSLA_USDC | +0.0100% | 8h | 375.00 | +0.010% | $41K | $20K | 20x | as long as short |
| RISEx TSLA/USDC | +0.0103% | 1h | 375.15 | +0.051% | $176K | $528K | 20x | as long as short |
| Aevo TSLA-PERP | +0.0104% | 1h | 375.07 | +0.029% | $743 | — | 10x | as long as short |
| Coinbase International TSLA-PERP-INTX | +0.0136% | 1h | 375.11 | +0.039% | $529K | $332K | 10x | as long as short |
| GRVT TSLA_USDT_Perp | +0.0141% | 8h | 375.19 | +0.061% | $847K | $3.0M | 10x | as long as short |
| Arcus TSLA-USD | +0.0188% | 1h | 374.98 | +0.005% | $153K | $84K | 10x | as long as short |
| Injective TSLA/USDC PERP | +0.0220% | 1h | 376.03 | +0.285% | $78K | $36K | 30x | as long as short |
| Phoenix TSLAshort | +0.0384% | 1h | 375.21 | +0.066% | $1.3M | $458K | 20x |
Bullet TSLA-USD
Deribit TSLA_USDC-PERPETUAL
Phemex TSLAUSDT
Nado TSLA-PERP
Aftermath Perps TSLAUSD
BloFin TSLA-USDT
Lighter TSLA
Lighter RH TSLA
Vest TSLA-USD-PERP
QFEX TSLA-USD
tradeXYZ xyz:TSLA
Polymarket Perps TSLA-USD
SoDEX TSLA-USD
Ondo Perps TSLA-USD.P
Hotstuff TSLA-PERP
KuCoin TSLAUSDTM
ApeX Omni TSLAUSDT
Orderly PERP_TSLA_USDC
RISEx TSLA/USDC
Aevo TSLA-PERP
Coinbase International TSLA-PERP-INTX
GRVT TSLA_USDT_Perp
Arcus TSLA-USD
Injective TSLA/USDC PERP