Funding you earn now, next payment 00:00 UTC−0.0226%/8h= −24.8% APRnext payment −$0.28 per $10,000 · paid last 24h −0.089%
Price spread now: Ondo Perps against Phoenix−0.032%48s7-day average −0.140% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.563%−$56 on $10k
+Price spread, last 7 days−0.244%−$24 · spread now −0.032%, 7d avg −0.140%
=Together, before fees−0.807%+ Points / potential airdropOndo Perps: Active · farm board−$81 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Ondo Perps is 0.108% dearer against Phoenix than usual: you sell high and buy low (spread −0.032% now, against its 7-day average of −0.140%): +$11 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 38 hours. The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix TSLA | 376.07 | 0.0277 | pay 0.0035% / 1h | 31m 56s | $1.3M | $547K | 20x |
| Short | Ondo Perps TSLA-USD.P | 375.95 | 0.0050 | get 0.0006% / 1h | 31m 56s | $1.6M | $1.0M | 10x |
Phoenix TSLA
Ondo Perps TSLA-USD.PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$47.55
- Price spread: −0.032% → −0.140%
- $10.83
- Slippage, 4 orders
- no order book: not counted
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$48.72
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: Phoenix: live order book, 1 min ago; Ondo 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Phoenix live order book, 1 min ago | 2.66 bp | 9.6 bp −$10 | 19.3 bp −$193 | doesn't fit | doesn't fit |
| Sell Ondo Perps no order-book sample | — | — | — | — | — |
Ondo 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX TSLAUSDC | −0.0888% | 4h | 376.12 | +0.013% | $398K | $1.0M | 10x | as long as short |
| Aster TSLAUSDT | 0.0000% | 8h | 376.12 | +0.012% | $585K | $191K | 50x | as long as short |
| Extended TSLA_24_5-USD | 0.0000% | 1h | 376.20 | +0.035% | $477K | $11.6M | 10x | as long as short |
| Binance TSLAUSDT | 0.0000% | 8h | 376.28 | +0.056% | $47.0M | $109.4M | 25x | as long as short |
| Bybit TSLAUSDT | 0.0000% | 8h | 376.15 | +0.021% | $10.2M | $15.4M | 100x | as long as short |
| OKX TSLA-USDT-SWAP | 0.0000% | 8h | 376.28 | +0.056% | $11.2M | $16.8M | 25x | as long as short |
| Gate TSLA_USDT | 0.0000% | 8h | 376.21 | +0.037% | $2.3M | $3.9M | 100x | as long as short |
| Bitget TSLAUSDT | 0.0000% | 8h | 376.13 | +0.016% | $16.8M | $22.6M | 100x | as long as short |
| Variational Omni TSLA | 0.0000% | 8h | 376.19 | +0.031% | $1.9M | $1.3M | — | as long as short |
| StandX TSLA-USD | 0.0000% | 1h | 376.07 | 0.000% | $200K | $893K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit TSLA_USDC-PERPETUAL | 0.0000% | 1h | 376.13 | +0.016% | $20K | $186K | 10x | as long as short |
| Phemex TSLAUSDT | 0.0000% | 4h | 376.25 | +0.048% | $1.1M | $13K | 10x | as long as short |
| Aftermath Perps TSLAUSD | +0.0009% | 1h | 375.99 | −0.022% | $38K | $46K | 10x | as long as short |
| BloFin TSLA-USDT | +0.0025% | 8h | 376.08 | +0.003% | $571K | $339K | 20x | as long as short |
| QFEX TSLA-USD | +0.0028% | 1h | 376.22 | +0.040% | $1.2M | $7.1M | 10x | as long as short |
| Lighter TSLA | +0.0032% | 1h | 376.23 | +0.043% | $717K | $3.4M | 20x | as long as short |
| Lighter RH TSLA | +0.0032% | 1h | 376.25 | +0.048% | $1.2M | $2.6M | 20x | as long as short |
| Arcus TSLA-USD | +0.0040% | 1h | 376.02 | −0.013% | $163K | $93K | 10x | as long as short |
| Vest TSLA-USD-PERP | +0.0046% | 1h | 376.17 | +0.027% | — | $133K | 25x | as long as short |
| Coinbase International TSLA-PERP-INTX | +0.0048% | 1h | 375.11 | −0.255% | $529K | $307K | 10x | as long as short |
| tradeXYZ xyz:TSLA | +0.0050% | 1h | 376.04 | −0.008% | $44.3M | $14.2M | 20x | as long as short |
| Polymarket Perps TSLA-USD | +0.0050% | 1h | 376.07 | 0.000% | $298K | $308K | 10x | as long as short |
| SoDEX TSLA-USD | +0.0050% | 1h | 376.15 | +0.021% | $4K | $3K | 10x | as long as short |
| Ondo Perps TSLA-USD.Pshort | +0.0050% | 1h | 375.95 | −0.032% | $1.6M | $1.0M | 10x | |
| Hotstuff TSLA-PERP | +0.0072% | 1h | 375.98 | −0.024% | $34K | — | 20x | as long as short |
| RISEx TSLA/USDC | +0.0079% | 1h | 376.31 | +0.063% | $291K | $598K | 20x | as long as short |
| GRVT TSLA_USDT_Perp | +0.0081% | 8h | 376.28 | +0.056% | $846K | $2.8M | 10x | as long as short |
| Pacifica TSLA | +0.0100% | 1h | 376.15 | +0.023% | $390K | $38K | 10x | as long as short |
| KuCoin TSLAUSDTM | +0.0100% | 8h | 375.92 | −0.040% | $1.5M | $106K | 20x | as long as short |
| ApeX Omni TSLAUSDT | +0.0100% | 1h | 376.06 | −0.003% | $4K | $62K | 50x | as long as short |
| Orderly PERP_TSLA_USDC | +0.0100% | 8h | 376.06 | −0.003% | $41K | $20K | 20x | as long as short |
| Aevo TSLA-PERP | +0.0104% | 1h | 376.17 | +0.026% | $745 | — | 10x | as long as short |
| Bullet TSLA-USD | +0.0118% | 1h | 376.27 | +0.054% | $5K | $92K | 10x | as long as short |
| Nado TSLA-PERP | +0.0136% | 1h | 376.10 | +0.007% | $489K | $112K | 20x | as long as short |
| Injective TSLA/USDC PERP | +0.0220% | 1h | 377.22 | +0.306% | $78K | $36K | 30x | as long as short |
| Phoenix TSLAlong | +0.0277% | 1h | 376.07 | long leg | $1.3M | $547K | 20x |
Deribit TSLA_USDC-PERPETUAL
Phemex TSLAUSDT
Aftermath Perps TSLAUSD
BloFin TSLA-USDT
QFEX TSLA-USD
Lighter TSLA
Lighter RH TSLA
Arcus TSLA-USD
Vest TSLA-USD-PERP
Coinbase International TSLA-PERP-INTX
tradeXYZ xyz:TSLA
Polymarket Perps TSLA-USD
SoDEX TSLA-USD
Hotstuff TSLA-PERP
RISEx TSLA/USDC
GRVT TSLA_USDT_Perp
Pacifica TSLA
KuCoin TSLAUSDTM
ApeX Omni TSLAUSDT
Orderly PERP_TSLA_USDC
Aevo TSLA-PERP
Bullet TSLA-USD
Nado TSLA-PERP
Injective TSLA/USDC PERP