Funding you earn now, next payment 05:00 UTC−0.0252%/8h= −27.6% APRnext payment −$0.32 per $10,000 · paid last 24h −0.084%
Price spread now: Vest against Phoenix−0.045%58s7-day average −0.110% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.112%−$11 on $10k
+Price spread, last 4 days (all we have)−0.131%−$13 · spread now −0.045%, 7d avg −0.110%
=Together, before fees−0.243%+ Points / potential airdropVest: Active · farm board−$24 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Vest is 0.065% dearer against Phoenix than usual: you sell high and buy low (spread −0.045% now, against its 7-day average of −0.110%): +$6 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 21 hours. At the pace of the last 3 days (−0.112% in total) that is about 47 hours. The two prices were read 58 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 | 375.88 | 0.0298 | pay 0.0037% / 1h | 28m 05s | $1.3M | $528K | 20x |
| Short | Vest TSLA-USD-PERP | 375.71 | 0.0046 | get 0.0006% / 1h | 28m 05s | — | $128K | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Vest 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
- −$52.93
- Price spread: −0.045% → −0.110%
- $6.46
- Slippage, 4 orders
- no order book: not counted
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee Vest: 1 bp × 2 orders
- −$2
- Net
- −$55.46
- Costs to cover
- 0.090%
- Break-even
- never at this rate
Slippage unknown: Phoenix: live order book, 5 min ago; Vest: 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, 5 min ago | 2.66 bp | 9.8 bp −$10 | 19.9 bp −$199 | doesn't fit | doesn't fit |
| Sell Vest no order-book sample | — | — | — | — | — |
Vest: 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 | −0.0621% | 4h | 375.88 | 0.000% | $398K | $1.0M | 10x | as long as short |
| Aster TSLAUSDT | 0.0000% | 8h | 375.80 | −0.021% | $575K | $198K | 50x | as long as short |
| Extended TSLA_24_5-USD | 0.0000% | 1h | 375.61 | −0.071% | $479K | $2.7M | 10x | as long as short |
| Binance TSLAUSDT | 0.0000% | 8h | 375.72 | −0.041% | $47.0M | $112.8M | 25x | as long as short |
| Bybit TSLAUSDT | 0.0000% | 8h | 375.65 | −0.061% | $10.2M | $15.4M | 100x | as long as short |
| OKX TSLA-USDT-SWAP | 0.0000% | 8h | 375.67 | −0.056% | $11.2M | $16.9M | 25x | as long as short |
| Bitget TSLAUSDT | 0.0000% | 8h | 375.68 | −0.053% | $17.1M | $22.7M | 100x | as long as short |
| Variational Omni TSLA | 0.0000% | 8h | 375.75 | −0.035% | $1.9M | $1.3M | — | as long as short |
| StandX TSLA-USD | 0.0000% | 1h | 375.83 | −0.013% | $199K | $917K | 20x | as long as short |
| Deribit TSLA_USDC-PERPETUAL | 0.0000% | 1h | 375.61 | −0.072% | $18K | $193K | 10x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex TSLAUSDT | 0.0000% | 4h | 375.76 | −0.032% | $1.1M | $14K | 10x | as long as short |
| BloFin TSLA-USDT | +0.0006% | 8h | 375.72 | −0.043% | $576K | $353K | 20x | as long as short |
| Gate TSLA_USDT | +0.0009% | 8h | 375.74 | −0.037% | $2.3M | $3.5M | 100x | as long as short |
| Aftermath Perps TSLAUSD | +0.0023% | 1h | 375.57 | −0.083% | $38K | $40K | 10x | as long as short |
| Lighter RH TSLA | +0.0032% | 1h | 375.68 | −0.053% | $1.2M | $2.6M | 20x | as long as short |
| Arcus TSLA-USD | +0.0040% | 1h | 375.52 | −0.096% | $134K | $107K | 10x | as long as short |
| Vest TSLA-USD-PERPshort | +0.0046% | 1h | 375.71 | −0.045% | — | $128K | 25x | |
| tradeXYZ xyz:TSLA | +0.0050% | 1h | 375.45 | −0.114% | $44.4M | $14.8M | 20x | as long as short |
| Polymarket Perps TSLA-USD | +0.0050% | 1h | 375.63 | −0.067% | $300K | $307K | 10x | as long as short |
| SoDEX TSLA-USD | +0.0050% | 1h | 375.65 | −0.061% | $4K | $3K | 10x | as long as short |
| Ondo Perps TSLA-USD.P | +0.0050% | 1h | 375.39 | −0.130% | $1.6M | $1.1M | 10x | as long as short |
| QFEX TSLA-USD | +0.0052% | 1h | 375.70 | −0.048% | $1.2M | $6.2M | 10x | as long as short |
| RISEx TSLA/USDC | +0.0054% | 1h | 375.76 | −0.031% | $217K | $618K | 20x | as long as short |
| Hotstuff TSLA-PERP | +0.0064% | 1h | 375.45 | −0.114% | $34K | — | 20x | as long as short |
| Pacifica TSLA | +0.0100% | 1h | 375.54 | −0.090% | $389K | $37K | 10x | as long as short |
| KuCoin TSLAUSDTM | +0.0100% | 8h | 375.59 | −0.077% | $1.5M | $106K | 20x | as long as short |
| ApeX Omni TSLAUSDT | +0.0100% | 1h | 375.68 | −0.053% | $4K | $62K | 50x | as long as short |
| Orderly PERP_TSLA_USDC | +0.0100% | 8h | 375.72 | −0.043% | $41K | $23K | 20x | as long as short |
| Aevo TSLA-PERP | +0.0104% | 1h | 375.62 | −0.070% | $744 | — | 10x | as long as short |
| Coinbase International TSLA-PERP-INTX | +0.0112% | 1h | 376.13 | +0.067% | $511K | $337K | 10x | as long as short |
| Lighter TSLA | +0.0128% | 1h | 375.69 | −0.051% | $829K | $3.7M | 20x | as long as short |
| GRVT TSLA_USDT_Perp | +0.0160% | 8h | 375.89 | +0.002% | $853K | $2.8M | 10x | as long as short |
| Bullet TSLA-USD | +0.0171% | 1h | 375.72 | −0.043% | $4K | $89K | 10x | as long as short |
| Injective TSLA/USDC PERP | +0.0220% | 1h | 379.71 | +1.019% | $79K | $36K | 30x | as long as short |
| Nado TSLA-PERP | +0.0259% | 1h | 375.56 | −0.085% | $487K | $113K | 20x | as long as short |
| Phoenix TSLAlong | +0.0298% | 1h | 375.88 | long leg | $1.3M | $528K | 20x |
Phoenix TSLA
edgeX TSLAUSDC
Aster TSLAUSDT
Extended TSLA_24_5-USD
Binance TSLAUSDT
Bybit TSLAUSDT
OKX TSLA-USDT-SWAP
Bitget TSLAUSDT
Variational Omni TSLA
StandX TSLA-USD
Deribit TSLA_USDC-PERPETUAL
Phemex TSLAUSDT
BloFin TSLA-USDT
Gate TSLA_USDT
Aftermath Perps TSLAUSD
Lighter RH TSLA
tradeXYZ xyz:TSLA
Polymarket Perps TSLA-USD
SoDEX TSLA-USD
RISEx TSLA/USDC
Pacifica TSLA
KuCoin TSLAUSDTM
ApeX Omni TSLAUSDT
Coinbase International TSLA-PERP-INTX
Lighter TSLA
GRVT TSLA_USDT_Perp
Bullet TSLA-USD
Injective TSLA/USDC PERP