Funding you earn now, next payment 21:00 UTC−0.0378%/8h= −41.4% APRnext payment −$0.47 per $10,000 · paid last 24h −0.077%
Price spread now: Nado against Phoenix−0.063%7-day average −0.068% · 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−$37as in the Price arb table
costs, in and out, $10k−$380.375% of the position
Funding, last 3 days (all we have)−0.169%−$17 on $10k
+Price spread, last 3 days (all we have)−0.111%−$11 · spread now −0.063%, 7d avg −0.068%
=Together, before fees−0.281%+ Points / potential airdropNado: Active · farm board−$28 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.068%, so right now this pair is about funding alone: −$11 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 | 375.21 | 0.0384 | pay 0.0048% / 1h | 5m 14s | $1.3M | $458K | 20x |
| Short | Nado TSLA-PERP | 374.98 | 0.0005 | get 0.0001% / 1h | 5m 14s | $484K | $90K | 20x |
Phoenix TSLA
Nado TSLA-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against Phoenix. 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
- −$79.47
- Price spread: −0.063% → −0.068%
- $0.52
- Slippage, 4 orders
- −$23.54
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$116.49
- Costs to cover
- 0.375%
- Break-even
- never at this rate
Slippage from Phoenix: live order book, 3 min ago; Nado: live order book, 18 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, 3 min ago | 2.66 bp | 9.6 bp −$10 | 19.1 bp −$191 | doesn't fit | doesn't fit |
| Sell Nado live order book, 18 min ago | 4.80 bp | 9.1 bp −$9 | 20.8 bp −$208 | 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 | −0.0223% | 4h | 375.18 | −0.007% | $397K | $1.0M | 10x | as long as short |
| Aster TSLAUSDT | 0.0000% | 8h | 375.11 | −0.027% | $587K | $192K | 50x | as long as short |
| Extended TSLA_24_5-USD | 0.0000% | 1h | 375.16 | −0.014% | $477K | $10.6M | 10x | as long as short |
| Binance TSLAUSDT | 0.0000% | 8h | 375.20 | −0.003% | $46.9M | $110.1M | 25x | as long as short |
| Bybit TSLAUSDT | 0.0000% | 8h | 375.29 | +0.021% | $10.2M | $15.6M | 100x | as long as short |
| OKX TSLA-USDT-SWAP | 0.0000% | 8h | 375.17 | −0.011% | $11.2M | $16.8M | 25x | as long as short |
| Gate TSLA_USDT | 0.0000% | 8h | 375.20 | −0.003% | $2.3M | $4.2M | 100x | as long as short |
| Bitget TSLAUSDT | 0.0000% | 8h | 375.13 | −0.021% | $16.6M | $22.5M | 100x | as long as short |
| Variational Omni TSLA | 0.0000% | 8h | 375.19 | −0.006% | $1.8M | $1.1M | — | as long as short |
| StandX TSLA-USD | 0.0000% | 1h | 375.19 | −0.005% | $199K | $901K | 20x | as long as short |
edgeX TSLAUSDC
Aster TSLAUSDT
Extended TSLA_24_5-USD
Binance TSLAUSDT
Bybit TSLAUSDT
OKX TSLA-USDT-SWAP
Gate TSLA_USDT
Bitget TSLAUSDT
Variational Omni TSLA
StandX TSLA-USDShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bullet TSLA-USD | 0.0000% | 1h | 375.21 | 0.000% | $5K | $91K | 10x | as long as short |
| Deribit TSLA_USDC-PERPETUAL | 0.0000% | 1h | 375.10 | −0.029% | $20K | $186K | 10x | as long as short |
| Phemex TSLAUSDT | 0.0000% | 4h | 375.16 | −0.013% | $1.1M | $13K | 10x | as long as short |
| Nado TSLA-PERPshort | +0.0005% | 1h | 374.98 | −0.063% | $484K | $90K | 20x | |
| Aftermath Perps TSLAUSD | +0.0016% | 1h | 375.02 | −0.051% | $38K | $49K | 10x | as long as short |
| BloFin TSLA-USDT | +0.0022% | 8h | 375.17 | −0.011% | $571K | $339K | 20x | as long as short |
| Lighter TSLA | +0.0032% | 1h | 375.16 | −0.013% | $648K | $3.4M | 20x | as long as short |
| Lighter RH TSLA | +0.0032% | 1h | 375.19 | −0.005% | $1.2M | $2.7M | 20x | as long as short |
| Vest TSLA-USD-PERP | +0.0046% | 1h | 375.08 | −0.035% | — | $133K | 25x | as long as short |
| QFEX TSLA-USD | +0.0046% | 1h | 375.11 | −0.027% | $1.2M | $7.1M | 10x | as long as short |
| tradeXYZ xyz:TSLA | +0.0050% | 1h | 374.91 | −0.080% | $43.5M | $14.3M | 20x | as long as short |
| Polymarket Perps TSLA-USD | +0.0050% | 1h | 374.96 | −0.067% | $297K | $292K | 10x | as long as short |
| SoDEX TSLA-USD | +0.0050% | 1h | 375.14 | −0.019% | $4K | $3K | 10x | as long as short |
| Ondo Perps TSLA-USD.P | +0.0050% | 1h | 374.87 | −0.091% | $1.6M | $1.0M | 10x | as long as short |
| Hotstuff TSLA-PERP | +0.0064% | 1h | 374.88 | −0.088% | $34K | — | 20x | as long as short |
| Pacifica TSLA | +0.0100% | 1h | 375.10 | −0.029% | $389K | $37K | 10x | as long as short |
| KuCoin TSLAUSDTM | +0.0100% | 8h | 375.02 | −0.051% | $1.5M | $159K | 20x | as long as short |
| ApeX Omni TSLAUSDT | +0.0100% | 1h | 375.02 | −0.051% | $4K | $62K | 50x | as long as short |
| Orderly PERP_TSLA_USDC | +0.0100% | 8h | 374.96 | −0.067% | $41K | $20K | 20x | as long as short |
| RISEx TSLA/USDC | +0.0103% | 1h | 375.25 | +0.010% | $175K | $530K | 20x | as long as short |
| Aevo TSLA-PERP | +0.0104% | 1h | 375.16 | −0.014% | $743 | — | 10x | as long as short |
| GRVT TSLA_USDT_Perp | +0.0126% | 8h | 375.26 | +0.014% | $847K | $3.0M | 10x | as long as short |
| Coinbase International TSLA-PERP-INTX | +0.0136% | 1h | 375.11 | −0.027% | $529K | $332K | 10x | as long as short |
| Arcus TSLA-USD | +0.0188% | 1h | 375.03 | −0.048% | $153K | $84K | 10x | as long as short |
| Injective TSLA/USDC PERP | +0.0220% | 1h | 376.13 | +0.245% | $78K | $36K | 30x | as long as short |
| Phoenix TSLAlong | +0.0384% | 1h | 375.21 | long leg | $1.3M | $458K | 20x |
Bullet TSLA-USD
Deribit TSLA_USDC-PERPETUAL
Phemex TSLAUSDT
Aftermath Perps TSLAUSD
BloFin TSLA-USDT
Lighter TSLA
Lighter RH TSLA
Vest TSLA-USD-PERP
QFEX TSLA-USD
tradeXYZ xyz:TSLA
Polymarket Perps TSLA-USD
SoDEX TSLA-USD
Ondo Perps TSLA-USD.P
Hotstuff TSLA-PERP
Pacifica TSLA
KuCoin TSLAUSDTM
ApeX Omni TSLAUSDT
Orderly PERP_TSLA_USDC
RISEx TSLA/USDC
Aevo TSLA-PERP
GRVT TSLA_USDT_Perp
Coinbase International TSLA-PERP-INTX
Arcus TSLA-USD
Injective TSLA/USDC PERP