TSLA

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0228%/8h= −25.0% APRnext payment −$0.29 per $10,000 · paid last 24h −0.089%

Price spread now: Deribit against Phoenix−0.064%7-day average −0.055% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$34as in the Price arb table

costs, in and out, $10k−$330.331% of the position

Long on Phoenix Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)−0.144%−$14 on $10k

Price spread, last 4 days (all we have)−0.043%−$4 · spread now −0.064%, 7d avg −0.055%

Together, before fees−0.187%−$19 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.055%, so right now this pair is about funding alone: −$7 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Phoenix TSLA	376.78	0.0297	pay 0.0037% / 1h	19m 19s	$1.3M	$502K	20x
Short	Deribit TSLA_USDC-PERPETUAL	376.54	0.0069	get 0.0009% / 1h	19m 19s	$18K	$191K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit 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

Position, each leg$Hold fordaysFee PhoenixbpFee DeribitbpOrdersPrice spread, now −0.064%Rate

Funding earned: −$47.94
Price spread: −0.064% → −0.055%: −$0.88
Slippage, 4 orders: −$19.06
Fee Phoenix: 3.5 bp × 2 orders: −$7
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$81.88
Costs to cover: 0.331%
Break-even: never at this rate

Slippage from Phoenix: live order book, 2 min ago; Deribit: live order book, 32 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 Phoenix live order book, 2 min ago	2.92 bp	9.8 bp −$10	20.1 bp −$201	doesn't fit	doesn't fit
Sell Deribit live order book, 32 min ago	3.19 bp	6.7 bp −$7	8.5 bp −$85	doesn't fit	doesn't fit

TSLA on 36 exchanges

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	−0.0419%	4h	376.73	−0.014%	$396K	$1.1M	10x	as long as short
Hotstuff TSLA-PERP	−0.0016%	1h	376.44	−0.090%	$34K	—	20x	as long as short
Bybit TSLAUSDT	0.0000%	8h	376.77	−0.003%	$10.1M	$14.0M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	376.70	−0.021%	$11.3M	$15.7M	25x	as long as short
Gate TSLA_USDT	0.0000%	8h	376.76	−0.005%	$2.3M	$3.2M	100x	as long as short
Bitget TSLAUSDT	0.0000%	8h	376.66	−0.032%	$17.2M	$23.7M	100x	as long as short
StandX TSLA-USD	0.0000%	1h	376.55	−0.061%	$200K	$958K	20x	as long as short
Phemex TSLAUSDT	0.0000%	4h	376.69	−0.024%	$1.1M	$14K	10x	as long as short
Aftermath Perps TSLAUSD	+0.0023%	1h	376.59	−0.052%	$38K	$36K	10x	as long as short
Lighter RH TSLA	+0.0032%	1h	376.65	−0.035%	$1.2M	$2.5M	20x	as long as short

Show all 36 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Arcus TSLA-USD	+0.0040%	1h	376.54	−0.064%	$132K	$85K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	376.63	−0.040%	—	$126K	25x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	376.48	−0.080%	$44.7M	$14.8M	20x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	376.48	−0.080%	$300K	$144K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	376.63	−0.040%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	376.34	−0.117%	$1.5M	$1.1M	10x	as long as short
QFEX TSLA-USD	+0.0053%	1h	376.69	−0.024%	$1.3M	$6.2M	10x	as long as short
Deribit TSLA_USDC-PERPETUALshort	+0.0069%	1h	376.54	−0.064%	$18K	$191K	10x
Lighter TSLA	+0.0088%	1h	376.68	−0.027%	$805K	$3.7M	20x	as long as short
Pacifica TSLA	+0.0100%	1h	376.40	−0.101%	$390K	$36K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	376.46	−0.085%	$1.4M	$3.3M	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	376.51	−0.072%	$4K	$61K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	376.50	−0.074%	$41K	$25K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	376.66	−0.033%	$746	—	10x	as long as short
Coinbase International TSLA-PERP-INTX	+0.0120%	1h	376.58	−0.053%	$517K	$387K	10x	as long as short
Aster TSLAUSDT	+0.0143%	8h	376.81	+0.008%	$575K	$190K	50x	as long as short
RISEx TSLA/USDC	+0.0175%	1h	376.82	+0.012%	$216K	$651K	20x	as long as short
Variational Omni TSLA	+0.0180%	8h	376.75	−0.009%	$1.7M	$1.5M	—	as long as short
Bullet TSLA-USD	+0.0198%	1h	376.74	−0.011%	$6K	$94K	10x	as long as short
Extended TSLA_24_5-USD	+0.0200%	1h	376.62	−0.044%	$484K	$2.7M	10x	as long as short
Binance TSLAUSDT	+0.0200%	8h	376.75	−0.008%	$47.2M	$115.2M	25x	as long as short
BloFin TSLA-USDT	+0.0205%	8h	376.85	+0.019%	$584K	$367K	20x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	377.30	+0.138%	$76K	$39K	30x	as long as short
Nado TSLA-PERP	+0.0231%	1h	376.50	−0.075%	$499K	$104K	20x	as long as short
Phoenix TSLAlong	+0.0297%	1h	376.78	long leg	$1.3M	$502K	20x
GRVT TSLA_USDT_Perp	+0.0719%	8h	376.84	+0.016%	$849K	$2.9M	10x	as long as short