Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.015%

Price spread now: SoDEX against Phemex−0.013%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 SoDEX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

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

Together, before fees—needs both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Phemex TSLAUSDT	376.20	0	get 0.0000% / 4h	3h 50m	$1.1M	$13K	10x
Short	SoDEX TSLA-USD	376.15	0.0050	get 0.0006% / 1h	50m 31s	$4K	$3K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX 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 SoDEXbpOrdersPrice spread, now −0.013%Rate

Funding earned: $10.5
Price spread: −0.013% → 0.000%: −$1.33
Slippage, 4 orders: no order book: not counted
Fee Phemex: 6 bp × 2 orders: −$12
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$10.83
Costs to cover: 0.200%
Break-even: 14.2 days

Slippage unknown: Phemex: live order book, 2 min ago; SoDEX: 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, 2 min ago	2.53 bp	31.2 bp −$31	doesn't fit	doesn't fit	doesn't fit
Sell SoDEX no order-book sample	—	—	—	—	—

SoDEX: 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	−0.0632%	4h	376.17	−0.008%	$398K	$1.0M	10x	as long as short
Aster TSLAUSDT	0.0000%	8h	376.10	−0.026%	$585K	$191K	50x	as long as short
Extended TSLA_24_5-USD	0.0000%	1h	376.15	−0.013%	$481K	$10.8M	10x	as long as short
Binance TSLAUSDT	0.0000%	8h	376.24	+0.011%	$47.0M	$109.5M	25x	as long as short
Bybit TSLAUSDT	0.0000%	8h	376.28	+0.021%	$10.2M	$15.4M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	376.17	−0.008%	$11.2M	$16.8M	25x	as long as short
Gate TSLA_USDT	0.0000%	8h	376.24	+0.011%	$2.3M	$3.9M	100x	as long as short
Bitget TSLAUSDT	0.0000%	8h	376.11	−0.024%	$16.8M	$22.6M	100x	as long as short
Variational Omni TSLA	0.0000%	8h	376.18	−0.006%	$1.9M	$1.3M	—	as long as short
StandX TSLA-USD	0.0000%	1h	376.22	+0.005%	$200K	$894K	20x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit TSLA_USDC-PERPETUAL	0.0000%	1h	376.10	−0.027%	$20K	$186K	10x	as long as short
Phemex TSLAUSDTlong	0.0000%	4h	376.20	long leg	$1.1M	$13K	10x
Aftermath Perps TSLAUSD	+0.0009%	1h	375.87	−0.088%	$38K	$47K	10x	as long as short
BloFin TSLA-USDT	+0.0016%	8h	376.22	+0.005%	$568K	$341K	20x	as long as short
QFEX TSLA-USD	+0.0028%	1h	376.13	−0.019%	$1.2M	$7.2M	10x	as long as short
Lighter TSLA	+0.0032%	1h	376.18	−0.005%	$654K	$3.3M	20x	as long as short
Lighter RH TSLA	+0.0032%	1h	376.22	+0.005%	$1.2M	$2.5M	20x	as long as short
Arcus TSLA-USD	+0.0040%	1h	376.04	−0.043%	$165K	$91K	10x	as long as short
GRVT TSLA_USDT_Perp	+0.0045%	8h	376.29	+0.024%	$845K	$2.8M	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	376.20	0.000%	—	$133K	25x	as long as short
Coinbase International TSLA-PERP-INTX	+0.0048%	1h	375.11	−0.290%	$529K	$318K	10x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	376.02	−0.048%	$298K	$308K	10x	as long as short
SoDEX TSLA-USDshort	+0.0050%	1h	376.15	−0.013%	$4K	$3K	10x
Ondo Perps TSLA-USD.P	+0.0050%	1h	375.92	−0.074%	$1.6M	$1.0M	10x	as long as short
RISEx TSLA/USDC	+0.0079%	1h	376.27	+0.019%	$291K	$597K	20x	as long as short
Pacifica TSLA	+0.0100%	1h	375.97	−0.061%	$389K	$38K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	376.05	−0.040%	$1.5M	$158K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	376.06	−0.037%	$4K	$62K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	376.22	+0.005%	$41K	$21K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	376.10	−0.027%	$745	—	10x	as long as short
Nado TSLA-PERP	+0.0133%	1h	376.09	−0.028%	$491K	$111K	20x	as long as short
tradeXYZ xyz:TSLA	+0.0135%	1h	376.02	−0.048%	$44.3M	$14.3M	20x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	377.10	+0.239%	$78K	$36K	30x	as long as short
Phoenix TSLA	+0.0277%	1h	376.06	−0.037%	$1.3M	$547K	20x	as long as short
Bullet TSLA-USD	+0.0364%	1h	376.22	+0.005%	$5K	$91K	10x	as long as short
Hotstuff TSLA-PERP	+0.0456%	1h	376.05	−0.040%	$34K	—	20x	as long as short