TSLA

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0204%/8h= −22.4% APRnext payment −$0.26 per $10,000 · paid last 24h −0.085%

Price spread now: tradeXYZ against Phoenix−0.088%7-day average −0.110% · you buy dearer than you sell

Net, funding: paid 7d − costs−$91as in the Funding arb table

Net, price: spread back to 7d avg − costs−$37as in the Price arb table

costs, in and out, $10k−$390.390% of the position

Long on Phoenix Short on tradeXYZ

What this pair did over the last

the charts below follow

Funding, last 7 days−0.520%−$52 on $10k

Price spread, last 7 days−0.030%−$3 · spread now −0.088%, 7d avg −0.110%

Together, before fees−0.550%+ Points / potential airdroptradeXYZ: Active · farm board−$55 on $10k · with fees, hour by hour

The price spread pays, funding is against you. tradeXYZ is 0.023% dearer against Phoenix than usual: you sell high and buy low (spread −0.088% now, against its 7-day average of −0.110%): +$2 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 9 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Phoenix TSLA	377.09	0.0254	pay 0.0032% / 1h	1m 29s	$1.3M	$539K	20x
Short	tradeXYZ xyz:TSLA	376.76	0.0050	get 0.0006% / 1h	1m 29s	$44.3M	$14.3M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ 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 tradeXYZbpOrdersPrice spread, now −0.088%Rate

Funding earned: −$42.92
Price spread: −0.088% → −0.110%: $2.29
Slippage, 4 orders: −$13.96
Fee Phoenix: 3.5 bp × 2 orders: −$7
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: −$79.59
Costs to cover: 0.390%
Break-even: never at this rate

Slippage from Phoenix: live order book, 2 min ago; tradeXYZ: live order book, 8 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	2.65 bp	9.6 bp −$10	19.0 bp −$190	doesn't fit	doesn't fit
Sell tradeXYZ live order book, 8 min ago	0.13 bp	9.8 bp −$10	doesn't fit	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	−0.0616%	4h	377.12	+0.007%	$398K	$1.0M	10x	as long as short
Hotstuff TSLA-PERP	−0.0024%	1h	376.72	−0.098%	$34K	—	20x	as long as short
Aster TSLAUSDT	0.0000%	8h	377.10	+0.001%	$578K	$196K	50x	as long as short
Extended TSLA_24_5-USD	0.0000%	1h	377.02	−0.020%	$484K	$5.6M	10x	as long as short
Binance TSLAUSDT	0.0000%	8h	377.11	+0.005%	$47.4M	$110.9M	25x	as long as short
Bybit TSLAUSDT	0.0000%	8h	377.10	+0.003%	$10.3M	$15.4M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	377.03	−0.016%	$11.2M	$16.9M	25x	as long as short
RISEx TSLA/USDC	0.0000%	1h	377.11	+0.006%	$290K	$586K	20x	as long as short
Bitget TSLAUSDT	0.0000%	8h	377.00	−0.024%	$17.1M	$22.9M	100x	as long as short
Variational Omni TSLA	0.0000%	8h	377.03	−0.016%	$1.9M	$1.4M	—	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
StandX TSLA-USD	0.0000%	1h	377.05	−0.011%	$200K	$909K	20x	as long as short
Deribit TSLA_USDC-PERPETUAL	0.0000%	1h	376.88	−0.056%	$20K	$188K	10x	as long as short
Coinbase International TSLA-PERP-INTX	0.0000%	1h	377.04	−0.013%	$513K	$331K	10x	as long as short
Phemex TSLAUSDT	0.0000%	4h	377.09	0.000%	$1.1M	$14K	10x	as long as short
BloFin TSLA-USDT	+0.0015%	8h	377.06	−0.008%	$577K	$353K	20x	as long as short
Aftermath Perps TSLAUSD	+0.0017%	1h	377.09	−0.001%	$38K	$43K	10x	as long as short
QFEX TSLA-USD	+0.0019%	1h	376.99	−0.027%	$1.2M	$6.5M	10x	as long as short
Lighter RH TSLA	+0.0032%	1h	377.02	−0.019%	$1.2M	$2.6M	20x	as long as short
Arcus TSLA-USD	+0.0040%	1h	376.88	−0.056%	$162K	$96K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	377.00	−0.024%	—	$130K	25x	as long as short
tradeXYZ xyz:TSLAshort	+0.0050%	1h	376.76	−0.088%	$44.3M	$14.3M	20x
Polymarket Perps TSLA-USD	+0.0050%	1h	376.96	−0.034%	$301K	$309K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	377.00	−0.024%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	376.73	−0.095%	$1.6M	$1.1M	10x	as long as short
Lighter TSLA	+0.0056%	1h	377.03	−0.016%	$819K	$3.6M	20x	as long as short
GRVT TSLA_USDT_Perp	+0.0060%	8h	377.15	+0.015%	$845K	$2.8M	10x	as long as short
Bullet TSLA-USD	+0.0099%	1h	377.06	−0.008%	$5K	$92K	10x	as long as short
Pacifica TSLA	+0.0100%	1h	376.83	−0.068%	$391K	$38K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	376.93	−0.042%	$1.5M	$105K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	376.90	−0.050%	$4K	$61K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	377.04	−0.013%	$41K	$24K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	376.98	−0.030%	$746	—	10x	as long as short
Gate TSLA_USDT	+0.0129%	8h	377.07	−0.005%	$2.3M	$3.7M	100x	as long as short
Nado TSLA-PERP	+0.0192%	1h	376.87	−0.057%	$490K	$112K	20x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	378.16	+0.284%	$79K	$36K	30x	as long as short
Phoenix TSLAlong	+0.0254%	1h	377.09	long leg	$1.3M	$539K	20x