Settings8H · net · $10k
Funding arb · Price arb /

TSLA

RWAall TSLA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0245%/8h= −26.8% APRnext payment $0.31 per $10,000 · paid last 24h −0.084%
Price spread now: Aftermath Perps against Phoenix−0.048%57s7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Aftermath Perps is 0.048% cheaper against Phoenix than usual: you would sell low and buy high (−$5 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhoenix TSLA377.240.0254pay 0.0032% / 1h37m 27s$1.3M$539K20x
ShortAftermath Perps TSLAUSD377.060.0010get 0.0001% / 1h37m 27s$38K$43K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aftermath Perps against Phoenix. 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

Funding earned
−$51.37
Price spread: −0.048% → 0.000%
−$4.77
Slippage, 4 orders
no order book: not counted
Fee Phoenix: 3.5 bp × 2 orders
−$7
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Net
−$72.14
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: Phoenix: live order book, 1 min ago; Aftermath Perps: 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
LegHalf-spread$10k$100k$1M$5M
Buy Phoenix live order book, 1 min ago3.45 bp11.0 bp −$1122.9 bp −$229doesn't fitdoesn't fit
Sell Aftermath Perps no order-book sample
Aftermath Perps: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX TSLAUSDC−0.0390%4h377.07−0.045%$398K$1.0M10xas long as short
Aster TSLAUSDT0.0000%8h377.12−0.033%$578K$196K50xas long as short
Extended TSLA_24_5-USD0.0000%1h376.99−0.067%$479K$7.3M10xas long as short
Binance TSLAUSDT0.0000%8h377.10−0.038%$47.4M$110.5M25xas long as short
Bybit TSLAUSDT0.0000%8h377.18−0.016%$10.3M$15.4M100xas long as short
OKX TSLA-USDT-SWAP0.0000%8h377.07−0.045%$11.2M$16.8M25xas long as short
RISEx TSLA/USDC0.0000%1h377.10−0.037%$290K$599K20xas long as short
Bitget TSLAUSDT0.0000%8h377.07−0.045%$17.0M$22.9M100xas long as short
Variational Omni TSLA0.0000%8h377.02−0.058%$1.9M$1.4Mas long as short
GRVT TSLA_USDT_Perp0.0000%8h377.20−0.011%$846K$2.8M10xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX TSLA-USD0.0000%1h377.12−0.032%$200K$909K20xas long as short
Deribit TSLA_USDC-PERPETUAL0.0000%1h376.87−0.098%$20K$187K10xas long as short
Coinbase International TSLA-PERP-INTX0.0000%1h377.33+0.024%$513K$328K10xas long as short
Phemex TSLAUSDT0.0000%4h377.14−0.027%$1.1M$15K10xas long as short
BloFin TSLA-USDT+0.0010%8h377.33+0.024%$577K$341K20xas long as short
Aftermath Perps TSLAUSDshort+0.0010%1h377.06−0.048%$38K$43K10x
QFEX TSLA-USD+0.0019%1h377.04−0.053%$1.2M$6.6M10xas long as short
Lighter TSLA+0.0032%1h377.05−0.050%$820K$3.6M20xas long as short
Lighter RH TSLA+0.0032%1h377.05−0.050%$1.2M$2.6M20xas long as short
Arcus TSLA-USD+0.0040%1h376.99−0.066%$161K$95K10xas long as short
Vest TSLA-USD-PERP+0.0046%1h377.06−0.048%$130K25xas long as short
Bullet TSLA-USD+0.0049%1h377.14−0.027%$5K$92K10xas long as short
tradeXYZ xyz:TSLA+0.0050%1h376.81−0.114%$44.3M$14.3M20xas long as short
Polymarket Perps TSLA-USD+0.0050%1h377.02−0.058%$301K$310K10xas long as short
SoDEX TSLA-USD+0.0050%1h377.02−0.058%$4K$3K10xas long as short
Ondo Perps TSLA-USD.P+0.0050%1h376.81−0.114%$1.5M$1.1M10xas long as short
Hotstuff TSLA-PERP+0.0072%1h376.73−0.135%$34K20xas long as short
Pacifica TSLA+0.0100%1h376.98−0.069%$390K$37K10xas long as short
KuCoin TSLAUSDTM+0.0100%8h376.99−0.066%$1.5M$105K20xas long as short
ApeX Omni TSLAUSDT+0.0100%1h376.95−0.077%$4K$62K50xas long as short
Orderly PERP_TSLA_USDC+0.0100%8h376.88−0.095%$41K$22K20xas long as short
Gate TSLA_USDT+0.0102%8h377.11−0.034%$2.3M$3.7M100xas long as short
Aevo TSLA-PERP+0.0104%1h377.02−0.058%$74710xas long as short
Nado TSLA-PERP+0.0142%1h376.92−0.084%$490K$112K20xas long as short
Injective TSLA/USDC PERP+0.0220%1h378.30+0.281%$79K$36K30xas long as short
Phoenix TSLAlong+0.0254%1h377.24long leg$1.3M$539K20x