Funding you earn now, next payment 08:00 UTC+0.0113%/8h= +12.4% APRnext payment +$0.14 per $10,000 · paid last 24h +0.081%
Price spread now: Phoenix against RISEx+0.056%7-day average +0.016% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$25as in the Price arb table
costs, in and out, $10k−$290.289% of the position
Funding, last 4 days (all we have)+0.171%+$17 on $10k
+Price spread, last 4 days (all we have)+1.016%+$102 · spread now +0.056%, 7d avg +0.016%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Phoenix is 0.040% dearer against RISEx than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.016%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | RISEx TSLA/USDC | 375.92 | 0.0290 | pay 0.0036% / 1h | 42m 50s | $215K | $653K | 20x |
| Short | Phoenix TSLA | 376.13 | 0.0404 | get 0.0050% / 1h | 42m 50s | $1.3M | $507K | 20x |
RISEx TSLA/USDC
Phoenix TSLAFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix against RISEx. 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
- $23.79
- Price spread: +0.056% → +0.016%
- $4.03
- Slippage, 4 orders
- −$15.88
- Fee RISEx: 3 bp × 2 orders
- −$6
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- −$1.07
- Costs to cover
- 0.289%
- Break-even
- 7.3 days
Slippage from RISEx: live order book, 56 min ago; Phoenix: live order book, 5 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 RISEx live order book, 56 min ago | 1.86 bp | 4.9 bp −$5 | 5.2 bp −$52 | doesn't fit | doesn't fit |
| Sell Phoenix live order book, 5 min ago | 2.66 bp | 9.6 bp −$10 | 19.1 bp −$191 | 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 | −0.0335% | 4h | 376.12 | +0.054% | $398K | $1.0M | 10x | as long as short |
| Bybit TSLAUSDT | 0.0000% | 8h | 375.82 | −0.027% | $10.2M | $15.2M | 100x | as long as short |
| OKX TSLA-USDT-SWAP | 0.0000% | 8h | 375.85 | −0.019% | $11.2M | $16.8M | 25x | as long as short |
| Gate TSLA_USDT | 0.0000% | 8h | 375.84 | −0.021% | $2.3M | $3.3M | 100x | as long as short |
| Bitget TSLAUSDT | 0.0000% | 8h | 375.77 | −0.040% | $17.3M | $22.9M | 100x | as long as short |
| StandX TSLA-USD | 0.0000% | 1h | 376.23 | +0.082% | $200K | $927K | 20x | as long as short |
| Deribit TSLA_USDC-PERPETUAL | 0.0000% | 1h | 375.71 | −0.056% | $18K | $190K | 10x | as long as short |
| Phemex TSLAUSDT | 0.0000% | 4h | 375.87 | −0.013% | $1.1M | $14K | 10x | as long as short |
| Aster TSLAUSDT | +0.0014% | 8h | 376.08 | +0.041% | $574K | $200K | 50x | as long as short |
| Aftermath Perps TSLAUSD | +0.0029% | 1h | 375.85 | −0.019% | $38K | $36K | 10x | as long as short |
edgeX TSLAUSDC
Bybit TSLAUSDT
OKX TSLA-USDT-SWAP
Gate TSLA_USDT
Bitget TSLAUSDT
StandX TSLA-USD
Deribit TSLA_USDC-PERPETUAL
Phemex TSLAUSDT
Aster TSLAUSDT
Aftermath Perps TSLAUSDShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter TSLA | +0.0032% | 1h | 375.80 | −0.032% | $804K | $3.7M | 20x | as long as short |
| Lighter RH TSLA | +0.0032% | 1h | 375.81 | −0.029% | $1.2M | $2.5M | 20x | as long as short |
| Arcus TSLA-USD | +0.0040% | 1h | 375.65 | −0.072% | $135K | $107K | 10x | as long as short |
| Vest TSLA-USD-PERP | +0.0046% | 1h | 375.88 | −0.011% | — | $126K | 25x | as long as short |
| QFEX TSLA-USD | +0.0048% | 1h | 375.84 | −0.021% | $1.2M | $6.2M | 10x | as long as short |
| Variational Omni TSLA | +0.0050% | 8h | 376.08 | +0.043% | $1.8M | $1.3M | — | as long as short |
| tradeXYZ xyz:TSLA | +0.0050% | 1h | 375.56 | −0.096% | $44.5M | $14.7M | 20x | as long as short |
| Polymarket Perps TSLA-USD | +0.0050% | 1h | 375.65 | −0.072% | $300K | $161K | 10x | as long as short |
| SoDEX TSLA-USD | +0.0050% | 1h | 375.78 | −0.037% | $4K | $3K | 10x | as long as short |
| Ondo Perps TSLA-USD.P | +0.0050% | 1h | 375.94 | +0.005% | $1.6M | $1.1M | 10x | as long as short |
| Bullet TSLA-USD | +0.0057% | 1h | 375.87 | −0.013% | $6K | $92K | 10x | as long as short |
| BloFin TSLA-USDT | +0.0071% | 8h | 375.88 | −0.011% | $580K | $358K | 20x | as long as short |
| Binance TSLAUSDT | +0.0075% | 8h | 375.86 | −0.016% | $47.1M | $114.4M | 25x | as long as short |
| Extended TSLA_24_5-USD | +0.0080% | 1h | 375.77 | −0.039% | $483K | $2.7M | 10x | as long as short |
| Pacifica TSLA | +0.0100% | 1h | 375.64 | −0.075% | $389K | $36K | 10x | as long as short |
| KuCoin TSLAUSDTM | +0.0100% | 8h | 375.78 | −0.037% | $1.5M | $2.2M | 20x | as long as short |
| ApeX Omni TSLAUSDT | +0.0100% | 1h | 376.02 | +0.027% | $4K | $62K | 50x | as long as short |
| Orderly PERP_TSLA_USDC | +0.0100% | 8h | 375.71 | −0.056% | $41K | $23K | 20x | as long as short |
| Aevo TSLA-PERP | +0.0104% | 1h | 375.79 | −0.035% | $744 | — | 10x | as long as short |
| GRVT TSLA_USDT_Perp | +0.0132% | 8h | 376.29 | +0.100% | $851K | $2.9M | 10x | as long as short |
| Nado TSLA-PERP | +0.0145% | 1h | 375.70 | −0.058% | $497K | $116K | 20x | as long as short |
| Hotstuff TSLA-PERP | +0.0152% | 1h | 375.90 | −0.005% | $34K | — | 20x | as long as short |
| Coinbase International TSLA-PERP-INTX | +0.0160% | 1h | 376.02 | +0.027% | $507K | $356K | 10x | as long as short |
| Injective TSLA/USDC PERP | +0.0220% | 1h | 379.58 | +0.974% | $79K | $37K | 30x | as long as short |
| RISEx TSLA/USDClong | +0.0290% | 1h | 375.92 | long leg | $215K | $653K | 20x | |
| Phoenix TSLAshort | +0.0404% | 1h | 376.13 | +0.056% | $1.3M | $507K | 20x |
Lighter TSLA
Lighter RH TSLA
Arcus TSLA-USD
Vest TSLA-USD-PERP
QFEX TSLA-USD
Variational Omni TSLA
tradeXYZ xyz:TSLA
Polymarket Perps TSLA-USD
SoDEX TSLA-USD
Ondo Perps TSLA-USD.P
Bullet TSLA-USD
BloFin TSLA-USDT
Binance TSLAUSDT
Extended TSLA_24_5-USD
Pacifica TSLA
KuCoin TSLAUSDTM
ApeX Omni TSLAUSDT
Orderly PERP_TSLA_USDC
Aevo TSLA-PERP
GRVT TSLA_USDT_Perp
Nado TSLA-PERP
Hotstuff TSLA-PERP
Coinbase International TSLA-PERP-INTX
Injective TSLA/USDC PERP