Settings8H · net · $10k
Funding arb · Price arb /

TSLA

RWAall TSLA markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhoenix TSLA375.880.0298pay 0.0037% / 1h28m 05s$1.3M$528K20x
ShortVest TSLA-USD-PERP375.710.0046get 0.0006% / 1h28m 05s$128K25x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Phoenix live order book, 5 min ago2.66 bp9.8 bp −$1019.9 bp −$199doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX TSLAUSDC−0.0621%4h375.880.000%$398K$1.0M10xas long as short
Aster TSLAUSDT0.0000%8h375.80−0.021%$575K$198K50xas long as short
Extended TSLA_24_5-USD0.0000%1h375.61−0.071%$479K$2.7M10xas long as short
Binance TSLAUSDT0.0000%8h375.72−0.041%$47.0M$112.8M25xas long as short
Bybit TSLAUSDT0.0000%8h375.65−0.061%$10.2M$15.4M100xas long as short
OKX TSLA-USDT-SWAP0.0000%8h375.67−0.056%$11.2M$16.9M25xas long as short
Bitget TSLAUSDT0.0000%8h375.68−0.053%$17.1M$22.7M100xas long as short
Variational Omni TSLA0.0000%8h375.75−0.035%$1.9M$1.3Mas long as short
StandX TSLA-USD0.0000%1h375.83−0.013%$199K$917K20xas long as short
Deribit TSLA_USDC-PERPETUAL0.0000%1h375.61−0.072%$18K$193K10xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex TSLAUSDT0.0000%4h375.76−0.032%$1.1M$14K10xas long as short
BloFin TSLA-USDT+0.0006%8h375.72−0.043%$576K$353K20xas long as short
Gate TSLA_USDT+0.0009%8h375.74−0.037%$2.3M$3.5M100xas long as short
Aftermath Perps TSLAUSD+0.0023%1h375.57−0.083%$38K$40K10xas long as short
Lighter RH TSLA+0.0032%1h375.68−0.053%$1.2M$2.6M20xas long as short
Arcus TSLA-USD+0.0040%1h375.52−0.096%$134K$107K10xas long as short
Vest TSLA-USD-PERPshort+0.0046%1h375.71−0.045%$128K25x
tradeXYZ xyz:TSLA+0.0050%1h375.45−0.114%$44.4M$14.8M20xas long as short
Polymarket Perps TSLA-USD+0.0050%1h375.63−0.067%$300K$307K10xas long as short
SoDEX TSLA-USD+0.0050%1h375.65−0.061%$4K$3K10xas long as short
Ondo Perps TSLA-USD.P+0.0050%1h375.39−0.130%$1.6M$1.1M10xas long as short
QFEX TSLA-USD+0.0052%1h375.70−0.048%$1.2M$6.2M10xas long as short
RISEx TSLA/USDC+0.0054%1h375.76−0.031%$217K$618K20xas long as short
Hotstuff TSLA-PERP+0.0064%1h375.45−0.114%$34K20xas long as short
Pacifica TSLA+0.0100%1h375.54−0.090%$389K$37K10xas long as short
KuCoin TSLAUSDTM+0.0100%8h375.59−0.077%$1.5M$106K20xas long as short
ApeX Omni TSLAUSDT+0.0100%1h375.68−0.053%$4K$62K50xas long as short
Orderly PERP_TSLA_USDC+0.0100%8h375.72−0.043%$41K$23K20xas long as short
Aevo TSLA-PERP+0.0104%1h375.62−0.070%$74410xas long as short
Coinbase International TSLA-PERP-INTX+0.0112%1h376.13+0.067%$511K$337K10xas long as short
Lighter TSLA+0.0128%1h375.69−0.051%$829K$3.7M20xas long as short
GRVT TSLA_USDT_Perp+0.0160%8h375.89+0.002%$853K$2.8M10xas long as short
Bullet TSLA-USD+0.0171%1h375.72−0.043%$4K$89K10xas long as short
Injective TSLA/USDC PERP+0.0220%1h379.71+1.019%$79K$36K30xas long as short
Nado TSLA-PERP+0.0259%1h375.56−0.085%$487K$113K20xas long as short
Phoenix TSLAlong+0.0298%1h375.88long leg$1.3M$528K20x