TSLA

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0298%/8h= −32.6% APRnext payment −$0.37 per $10,000 · paid last 24h −0.085%

Price spread now: Extended against Phoenix+0.021%7-day average −0.086% · you sell dearer than you buy

Net, funding: paid 7d − costs−$89as in the Funding arb table

Net, price: spread back to 7d avg − costs−$20as in the Price arb table

costs, in and out, $10k−$300.305% of the position

Long on Phoenix Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days−0.580%−$58 on $10k

Price spread, last 7 days−0.149%−$15 · spread now +0.021%, 7d avg −0.086%

Together, before fees−0.729%+ Points / potential airdropExtended: Active · farm board−$73 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Extended is 0.106% dearer against Phoenix than usual: you sell high and buy low (spread +0.021% now, against its 7-day average of −0.086%): +$11 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 29 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Phoenix TSLA	376.28	0.0298	pay 0.0037% / 1h	13m 18s	$1.3M	$528K	20x
Short	Extended TSLA_24_5-USD	376.36	0	get 0.0000% / 1h	13m 18s	$479K	$2.7M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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 ExtendedbpOrdersPrice spread, now +0.021%Rate

Funding earned: −$62.52
Price spread: +0.021% → −0.086%: $10.63
Slippage, 4 orders: −$18.46
Fee Phoenix: 3.5 bp × 2 orders: −$7
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$82.35
Costs to cover: 0.305%
Break-even: never at this rate

Slippage from Phoenix: live order book, 5 min ago; Extended: live order book, 5 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, 5 min ago	4.25 bp	10.0 bp −$10	19.0 bp −$190	doesn't fit	doesn't fit
Sell Extended live order book, 5 min ago	0.53 bp	4.5 bp −$5	18.1 bp −$181	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 TSLAUSDC	−0.0672%	4h	376.20	−0.022%	$398K	$1.0M	10x	as long as short
Hotstuff TSLA-PERP	−0.0040%	1h	375.84	−0.117%	$34K	—	20x	as long as short
BloFin TSLA-USDT	−0.0026%	8h	376.46	+0.048%	$574K	$354K	20x	as long as short
Aster TSLAUSDT	0.0000%	8h	376.41	+0.035%	$576K	$199K	50x	as long as short
Extended TSLA_24_5-USDshort	0.0000%	1h	376.36	+0.021%	$479K	$2.7M	10x
Binance TSLAUSDT	0.0000%	8h	376.44	+0.043%	$47.3M	$113.1M	25x	as long as short
Bybit TSLAUSDT	0.0000%	8h	376.44	+0.043%	$10.2M	$15.4M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	376.41	+0.035%	$11.2M	$16.9M	25x	as long as short
Gate TSLA_USDT	0.0000%	8h	376.43	+0.040%	$2.3M	$3.5M	100x	as long as short
Bitget TSLAUSDT	0.0000%	8h	376.36	+0.021%	$17.1M	$22.7M	100x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni TSLA	0.0000%	8h	376.23	−0.013%	$1.9M	$1.3M	—	as long as short
StandX TSLA-USD	0.0000%	1h	376.08	−0.053%	$200K	$917K	20x	as long as short
Phemex TSLAUSDT	0.0000%	4h	376.39	+0.029%	$1.1M	$14K	10x	as long as short
Aftermath Perps TSLAUSD	+0.0020%	1h	376.08	−0.053%	$38K	$39K	10x	as long as short
Lighter RH TSLA	+0.0032%	1h	376.28	0.000%	$1.3M	$2.6M	20x	as long as short
Arcus TSLA-USD	+0.0040%	1h	375.97	−0.082%	$135K	$107K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	376.26	−0.005%	—	$125K	25x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	376.07	−0.056%	$44.5M	$14.8M	20x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	376.26	−0.005%	$301K	$307K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	376.35	+0.019%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	375.91	−0.098%	$1.6M	$1.1M	10x	as long as short
QFEX TSLA-USD	+0.0052%	1h	376.39	+0.029%	$1.2M	$6.2M	10x	as long as short
RISEx TSLA/USDC	+0.0054%	1h	376.45	+0.046%	$217K	$619K	20x	as long as short
Pacifica TSLA	+0.0100%	1h	376.03	−0.067%	$390K	$36K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	376.10	−0.048%	$1.5M	$108K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	375.94	−0.090%	$4K	$62K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	376.40	+0.032%	$41K	$23K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	376.35	+0.018%	$745	—	10x	as long as short
Coinbase International TSLA-PERP-INTX	+0.0112%	1h	376.13	−0.040%	$511K	$337K	10x	as long as short
Lighter TSLA	+0.0120%	1h	376.31	+0.008%	$829K	$3.7M	20x	as long as short
GRVT TSLA_USDT_Perp	+0.0167%	8h	376.29	+0.004%	$854K	$2.8M	10x	as long as short
Bullet TSLA-USD	+0.0176%	1h	376.46	+0.048%	$4K	$90K	10x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	379.54	+0.866%	$79K	$36K	30x	as long as short
Nado TSLA-PERP	+0.0237%	1h	376.09	−0.050%	$488K	$110K	20x	as long as short
Phoenix TSLAlong	+0.0298%	1h	376.28	long leg	$1.3M	$528K	20x
Deribit TSLA_USDC-PERPETUAL	+0.0335%	1h	376.30	+0.005%	$18K	$193K	10x	as long as short