Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.030%

Price spread now: ApeX Omni against Phemex−0.074%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Phemex Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days+0.210%+$21 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. ApeX Omni is 0.074% cheaper against Phemex than usual: you would sell low and buy high (spread −0.074% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$7 on $10k: about 2.5 days of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Phemex TSLAUSDT	376.22	0	get 0.0000% / 4h	1h 45m	$1.1M	$14K	10x
Short	ApeX Omni TSLAUSDT	375.94	0.0100	get 0.0013% / 1h	45m 09s	$4K	$61K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Phemex. 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 PhemexbpFee ApeX OmnibpOrdersPrice spread, now −0.074%Rate

Funding earned: $21
Price spread: −0.074% → 0.000%: −$7.44
Slippage, 4 orders: no order book: not counted
Fee Phemex: 6 bp × 2 orders: −$12
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$8.44
Costs to cover: 0.220%
Break-even: 9.8 days

Slippage unknown: Phemex: live order book, 3 min ago; ApeX Omni: no order-book sample. Net counts fees only.

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 Phemex live order book, 3 min ago	2.66 bp	38.2 bp −$38	doesn't fit	doesn't fit	doesn't fit
Sell ApeX Omni no order-book sample	—	—	—	—	—

ApeX Omni: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	−0.0790%	4h	376.25	+0.007%	$398K	$1.0M	10x	as long as short
BloFin TSLA-USDT	0.0000%	8h	376.23	+0.003%	$578K	$355K	20x	as long as short
Aster TSLAUSDT	0.0000%	8h	376.23	+0.001%	$575K	$199K	50x	as long as short
Extended TSLA_24_5-USD	0.0000%	1h	376.07	−0.041%	$479K	$2.7M	10x	as long as short
Binance TSLAUSDT	0.0000%	8h	376.15	−0.019%	$47.2M	$113.3M	25x	as long as short
Bybit TSLAUSDT	0.0000%	8h	376.11	−0.029%	$10.2M	$15.4M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	376.12	−0.027%	$11.2M	$16.9M	25x	as long as short
Bitget TSLAUSDT	0.0000%	8h	376.18	−0.011%	$17.1M	$22.8M	100x	as long as short
Variational Omni TSLA	0.0000%	8h	376.24	+0.005%	$1.9M	$1.3M	—	as long as short
StandX TSLA-USD	0.0000%	1h	376.29	+0.019%	$200K	$918K	20x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex TSLAUSDTlong	0.0000%	4h	376.22	long leg	$1.1M	$14K	10x
Gate TSLA_USDT	+0.0006%	8h	376.13	−0.024%	$2.3M	$3.5M	100x	as long as short
Aftermath Perps TSLAUSD	+0.0023%	1h	376.17	−0.015%	$38K	$39K	10x	as long as short
Lighter RH TSLA	+0.0032%	1h	376.04	−0.048%	$1.3M	$2.5M	20x	as long as short
Arcus TSLA-USD	+0.0040%	1h	376.11	−0.029%	$135K	$108K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	376.10	−0.032%	—	$125K	25x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	375.84	−0.101%	$44.6M	$14.8M	20x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	376.07	−0.040%	$300K	$307K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	376.05	−0.045%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	375.92	−0.080%	$1.6M	$1.1M	10x	as long as short
QFEX TSLA-USD	+0.0052%	1h	376.18	−0.011%	$1.2M	$6.2M	10x	as long as short
Hotstuff TSLA-PERP	+0.0056%	1h	375.97	−0.066%	$34K	—	20x	as long as short
Pacifica TSLA	+0.0100%	1h	376.04	−0.048%	$389K	$36K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	375.88	−0.090%	$1.5M	$107K	20x	as long as short
ApeX Omni TSLAUSDTshort	+0.0100%	1h	375.94	−0.074%	$4K	$61K	50x
Orderly PERP_TSLA_USDC	+0.0100%	8h	376.13	−0.024%	$41K	$23K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	376.10	−0.032%	$745	—	10x	as long as short
Deribit TSLA_USDC-PERPETUAL	+0.0123%	1h	375.94	−0.074%	$18K	$194K	10x	as long as short
Coinbase International TSLA-PERP-INTX	+0.0136%	1h	376.33	+0.029%	$506K	$349K	10x	as long as short
RISEx TSLA/USDC	+0.0138%	1h	376.31	+0.025%	$214K	$642K	20x	as long as short
Lighter TSLA	+0.0144%	1h	376.09	−0.035%	$833K	$3.7M	20x	as long as short
GRVT TSLA_USDT_Perp	+0.0197%	8h	376.32	+0.026%	$851K	$2.8M	10x	as long as short
Bullet TSLA-USD	+0.0210%	1h	376.20	−0.005%	$5K	$91K	10x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	377.82	+0.425%	$79K	$36K	30x	as long as short
Nado TSLA-PERP	+0.0301%	1h	376.02	−0.054%	$489K	$111K	20x	as long as short
Phoenix TSLA	+0.0318%	1h	376.55	+0.088%	$1.3M	$528K	20x	as long as short