Funding you earn now, next payment 04:00 UTC−0.0735%/8h= −80.5% APRnext payment −$3.68 per $10,000 · paid last 24h −0.169%
Price spread now: edgeX against Phemex−0.030%7-day average −0.006% · you buy dearer than you sell
Net, funding: paid 7d − costs−$83as in the Funding arb table
Net, price: spread back to 7d avg − costs−$82as in the Price arb table
costs, in and out, $10k−$800.801% of the position
Funding, last 7 days−0.033%−$3 on $10k
+Price spread, last 3 days (all we have)+0.030%+$3 · spread now −0.030%, 7d avg −0.006%
=Together, before fees−0.003%+ Points / potential airdropedgeX: Active · farm board$0 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$22 a day on $10k at the current rate, and edgeX is 0.024% cheaper against Phemex than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of −0.006%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.033% in total (about -1.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.68 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 | Phemex TSLAUSDT | 376.97 | 0 | get 0.0000% / 4h | 2h 40m | $1.1M | $13K | 10x |
| Short | edgeX TSLAUSDC | 376.86 | −0.0735 | pay 0.0368% / 4h | 2h 40m | $398K | $1.0M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Phemex. 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
- −$154.4
- Price spread: −0.030% → −0.006%
- −$2.39
- Slippage, 4 orders
- −$59.06
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$236.85
- Costs to cover
- 0.801%
- Break-even
- never at this rate
Slippage from Phemex: live order book, 2 min ago; edgeX: 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 Phemex live order book, 2 min ago | 2.39 bp | 30.7 bp −$31 | doesn't fit | doesn't fit | doesn't fit |
| Sell edgeX live order book, 3 min ago | 4.24 bp | 9.0 bp −$9 | 12.1 bp −$121 | 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 TSLAUSDCshort | −0.0735% | 4h | 376.86 | −0.030% | $398K | $1.0M | 10x | |
| BloFin TSLA-USDT | −0.0027% | 8h | 376.98 | +0.003% | $576K | $341K | 20x | as long as short |
| Coinbase International TSLA-PERP-INTX | −0.0016% | 1h | 376.58 | −0.103% | $512K | $327K | 10x | as long as short |
| Aster TSLAUSDT | 0.0000% | 8h | 376.95 | −0.007% | $577K | $195K | 50x | as long as short |
| Extended TSLA_24_5-USD | 0.0000% | 1h | 376.86 | −0.029% | $479K | $10.4M | 10x | as long as short |
| Binance TSLAUSDT | 0.0000% | 8h | 376.96 | −0.003% | $47.2M | $109.8M | 25x | as long as short |
| Bybit TSLAUSDT | 0.0000% | 8h | 377.03 | +0.016% | $10.3M | $15.5M | 100x | as long as short |
| OKX TSLA-USDT-SWAP | 0.0000% | 8h | 376.88 | −0.024% | $11.2M | $16.7M | 25x | as long as short |
| RISEx TSLA/USDC | 0.0000% | 1h | 376.99 | +0.005% | $292K | $598K | 20x | as long as short |
| Gate TSLA_USDT | 0.0000% | 8h | 376.93 | −0.011% | $2.4M | $3.8M | 100x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget TSLAUSDT | 0.0000% | 8h | 376.87 | −0.027% | $16.9M | $22.7M | 100x | as long as short |
| Variational Omni TSLA | 0.0000% | 8h | 376.93 | −0.012% | $1.9M | $1.3M | — | as long as short |
| StandX TSLA-USD | 0.0000% | 1h | 377.00 | +0.008% | $200K | $906K | 20x | as long as short |
| Bullet TSLA-USD | 0.0000% | 1h | 376.97 | 0.000% | $6K | $93K | 10x | as long as short |
| Deribit TSLA_USDC-PERPETUAL | 0.0000% | 1h | 376.85 | −0.032% | $20K | $187K | 10x | as long as short |
| Phemex TSLAUSDTlong | 0.0000% | 4h | 376.97 | long leg | $1.1M | $13K | 10x | |
| Aftermath Perps TSLAUSD | +0.0009% | 1h | 376.86 | −0.028% | $38K | $45K | 10x | as long as short |
| QFEX TSLA-USD | +0.0023% | 1h | 376.87 | −0.027% | $1.2M | $6.7M | 10x | as long as short |
| Lighter TSLA | +0.0032% | 1h | 376.98 | +0.003% | $829K | $3.6M | 20x | as long as short |
| Lighter RH TSLA | +0.0032% | 1h | 377.01 | +0.011% | $1.2M | $2.6M | 20x | as long as short |
| Arcus TSLA-USD | +0.0040% | 1h | 376.79 | −0.048% | $163K | $93K | 10x | as long as short |
| tradeXYZ xyz:TSLA | +0.0044% | 1h | 376.76 | −0.056% | $44.3M | $14.1M | 20x | as long as short |
| Vest TSLA-USD-PERP | +0.0046% | 1h | 377.05 | +0.021% | — | $130K | 25x | as long as short |
| Polymarket Perps TSLA-USD | +0.0050% | 1h | 376.79 | −0.048% | $301K | $310K | 10x | as long as short |
| SoDEX TSLA-USD | +0.0050% | 1h | 376.90 | −0.019% | $4K | $3K | 10x | as long as short |
| Ondo Perps TSLA-USD.P | +0.0050% | 1h | 376.79 | −0.048% | $1.5M | $1.1M | 10x | as long as short |
| GRVT TSLA_USDT_Perp | +0.0085% | 8h | 377.01 | +0.011% | $852K | $2.8M | 10x | as long as short |
| Hotstuff TSLA-PERP | +0.0088% | 1h | 376.73 | −0.064% | $34K | — | 20x | as long as short |
| Nado TSLA-PERP | +0.0091% | 1h | 376.90 | −0.018% | $490K | $112K | 20x | as long as short |
| Pacifica TSLA | +0.0100% | 1h | 376.87 | −0.027% | $390K | $38K | 10x | as long as short |
| KuCoin TSLAUSDTM | +0.0100% | 8h | 376.57 | −0.106% | $1.5M | $106K | 20x | as long as short |
| ApeX Omni TSLAUSDT | +0.0100% | 1h | 376.94 | −0.008% | $4K | $61K | 50x | as long as short |
| Orderly PERP_TSLA_USDC | +0.0100% | 8h | 376.93 | −0.011% | $41K | $20K | 20x | as long as short |
| Aevo TSLA-PERP | +0.0104% | 1h | 376.88 | −0.023% | $746 | — | 10x | as long as short |
| Injective TSLA/USDC PERP | +0.0220% | 1h | 377.50 | +0.141% | $78K | $36K | 30x | as long as short |
| Phoenix TSLA | +0.0255% | 1h | 376.92 | −0.013% | $1.3M | $539K | 20x | as long as short |
Phemex TSLAUSDT
edgeX TSLAUSDC
BloFin TSLA-USDT
Coinbase International TSLA-PERP-INTX
Aster TSLAUSDT
Extended TSLA_24_5-USD
Binance TSLAUSDT
Bybit TSLAUSDT
OKX TSLA-USDT-SWAP
RISEx TSLA/USDC
Gate TSLA_USDT
Bitget TSLAUSDT
Variational Omni TSLA
StandX TSLA-USD
Bullet TSLA-USD
Deribit TSLA_USDC-PERPETUAL
Aftermath Perps TSLAUSD
Lighter TSLA
Lighter RH TSLA
tradeXYZ xyz:TSLA
Polymarket Perps TSLA-USD
SoDEX TSLA-USD
GRVT TSLA_USDT_Perp
Pacifica TSLA
KuCoin TSLAUSDTM
ApeX Omni TSLAUSDT
Injective TSLA/USDC PERP
Phoenix TSLA