Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: Phemex against StandX+0.024%7-day average +0.001% · you sell dearer than you buy

Net, funding: paid 7d − costs−$83as in the Funding arb table

Net, price: spread back to 7d avg − costs−$81as in the Price arb table

costs, in and out, $10k−$830.829% of the position

Long on StandX Short on Phemex

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 4 days (all we have)−0.041%−$4 · spread now +0.024%, 7d avg +0.001%

Together, before fees−0.041%+ Points / potential airdropStandX: Active · farm board−$4 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Phemex is 0.023% dearer against StandX than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of +0.001%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	StandX TSLA-USD	377.07	0	get 0.0000% / 1h	15m 12s	$200K	$918K	20x
Short	Phemex TSLAUSDT	377.16	0	get 0.0000% / 4h	15m 12s	$1.1M	$14K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phemex against StandX. 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 StandXbpFee PhemexbpOrdersPrice spread, now +0.024%Rate

Funding earned: $0
Price spread: +0.024% → +0.001%: $2.31
Slippage, 4 orders: −$62.89
Fee StandX: 4 bp × 2 orders: −$8
Fee Phemex: 6 bp × 2 orders: −$12
Net: −$80.58
Costs to cover: 0.829%
Break-even: never at this rate

Slippage from StandX: live order book, 24 min ago; Phemex: live order book, 2 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 StandX live order book, 24 min ago	2.79 bp	7.4 bp −$7	14.0 bp −$140	doesn't fit	doesn't fit
Sell Phemex live order book, 2 min ago	1.99 bp	32.9 bp −$33	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	−0.0034%	4h	377.53	+0.122%	$399K	$1.0M	10x	as long as short
Bybit TSLAUSDT	0.0000%	8h	377.24	+0.045%	$10.2M	$15.4M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	377.17	+0.027%	$11.3M	$17.0M	25x	as long as short
Gate TSLA_USDT	0.0000%	8h	377.24	+0.045%	$2.3M	$3.5M	100x	as long as short
Bitget TSLAUSDT	0.0000%	8h	377.01	−0.016%	$17.3M	$23.1M	100x	as long as short
StandX TSLA-USDlong	0.0000%	1h	377.07	long leg	$200K	$918K	20x
Phemex TSLAUSDTshort	0.0000%	4h	377.16	+0.024%	$1.1M	$14K	10x
Aster TSLAUSDT	+0.0018%	8h	376.95	−0.032%	$575K	$200K	50x	as long as short
Lighter RH TSLA	+0.0032%	1h	377.13	+0.016%	$1.2M	$2.6M	20x	as long as short
Aftermath Perps TSLAUSD	+0.0033%	1h	376.90	−0.046%	$38K	$36K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Arcus TSLA-USD	+0.0040%	1h	377.13	+0.016%	$135K	$108K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	377.15	+0.021%	—	$125K	25x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	376.93	−0.037%	$44.7M	$15.0M	20x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	377.05	−0.005%	$301K	$303K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	376.93	−0.037%	$1.6M	$1.1M	10x	as long as short
Variational Omni TSLA	+0.0055%	8h	377.18	+0.028%	$1.8M	$1.3M	—	as long as short
QFEX TSLA-USD	+0.0067%	1h	377.12	+0.013%	$1.2M	$6.2M	10x	as long as short
SoDEX TSLA-USD	+0.0069%	1h	377.10	+0.008%	$4K	$3K	10x	as long as short
Hotstuff TSLA-PERP	+0.0072%	1h	376.88	−0.050%	$34K	—	20x	as long as short
Extended TSLA_24_5-USD	+0.0080%	1h	377.12	+0.014%	$483K	$2.7M	10x	as long as short
Binance TSLAUSDT	+0.0083%	8h	377.21	+0.037%	$47.2M	$114.5M	25x	as long as short
Pacifica TSLA	+0.0100%	1h	376.89	−0.048%	$390K	$37K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	376.86	−0.056%	$1.5M	$1.7M	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	377.92	+0.225%	$4K	$62K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	377.15	+0.021%	$41K	$23K	20x	as long as short
BloFin TSLA-USDT	+0.0101%	8h	377.24	+0.045%	$579K	$356K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	377.18	+0.029%	$747	—	10x	as long as short
Lighter TSLA	+0.0144%	1h	377.13	+0.016%	$822K	$3.7M	20x	as long as short
Deribit TSLA_USDC-PERPETUAL	+0.0148%	1h	377.08	+0.003%	$18K	$195K	10x	as long as short
Coinbase International TSLA-PERP-INTX	+0.0176%	1h	377.51	+0.117%	$511K	$357K	10x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	379.80	+0.724%	$79K	$36K	30x	as long as short
Bullet TSLA-USD	+0.0243%	1h	377.19	+0.032%	$6K	$91K	10x	as long as short
RISEx TSLA/USDC	+0.0257%	1h	377.29	+0.058%	$215K	$652K	20x	as long as short
Nado TSLA-PERP	+0.0274%	1h	376.94	−0.035%	$499K	$116K	20x	as long as short
GRVT TSLA_USDT_Perp	+0.0291%	8h	377.95	+0.233%	$859K	$2.8M	10x	as long as short
Phoenix TSLA	+0.0404%	1h	377.51	+0.117%	$1.3M	$525K	20x	as long as short