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

TSLA

RWAall TSLA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0205%/8h= +22.4% APRnext payment +$0.26 per $10,000 · paid last 24h +0.085%
Price spread now: Phoenix against tradeXYZ+0.122%61s7-day average +0.110% · you sell dearer than you buy
Net, funding: paid 7d − costs+$10as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$420.420% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.518%+$52 on $10k
Price spread, last 7 days+0.007%+$1 · spread now +0.122%, 7d avg +0.110%
Together, before fees+0.524%+ Points / potential airdroptradeXYZ: Active · farm board+$52 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.110%, so right now this pair is about funding alone: +$6 a day on $10k at the current rate. The two prices were read 61 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongtradeXYZ xyz:TSLA376.350.0050pay 0.0006% / 1h36m 21s$44.3M$14.4M20x
ShortPhoenix TSLA376.810.0255get 0.0032% / 1h36m 21s$1.3M$539K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Phoenix against tradeXYZ. 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
$42.97
Price spread: +0.122% → +0.110%
$1.19
Slippage, 4 orders
−$16.99
Fee tradeXYZ: 9 bp × 2 orders
−$18
Fee Phoenix: 3.5 bp × 2 orders
−$7
Net
$2.17
Costs to cover
0.420%
Break-even
6.6 days
Slippage from tradeXYZ: live order book, 3 min ago; Phoenix: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy tradeXYZ live order book, 3 min ago0.13 bp9.1 bp −$9doesn't fitdoesn't fitdoesn't fit
Sell Phoenix live order book, 2 min ago3.72 bp11.9 bp −$1224.9 bp −$249doesn't fitdoesn't fit

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−0.0679%4h376.60+0.068%$398K$1.0M10xas long as short
Aster TSLAUSDT0.0000%8h376.53+0.048%$577K$196K50xas long as short
Extended TSLA_24_5-USD0.0000%1h376.48+0.033%$481K$4.6M10xas long as short
Binance TSLAUSDT0.0000%8h376.58+0.061%$47.3M$111.1M25xas long as short
Bybit TSLAUSDT0.0000%8h376.64+0.077%$10.3M$15.4M100xas long as short
OKX TSLA-USDT-SWAP0.0000%8h376.52+0.045%$11.2M$16.9M25xas long as short
RISEx TSLA/USDC0.0000%1h376.58+0.060%$290K$587K20xas long as short
Hotstuff TSLA-PERP0.0000%1h376.26−0.024%$34K20xas long as short
Bitget TSLAUSDT0.0000%8h376.51+0.043%$17.0M$23.1M100xas long as short
Variational Omni TSLA0.0000%8h376.64+0.076%$1.9M$1.4Mas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX TSLA-USD0.0000%1h376.51+0.043%$200K$907K20xas long as short
Deribit TSLA_USDC-PERPETUAL0.0000%1h376.44+0.024%$20K$188K10xas long as short
Phemex TSLAUSDT0.0000%4h376.58+0.061%$1.1M$14K10xas long as short
BloFin TSLA-USDT+0.0017%8h376.61+0.069%$576K$353K20xas long as short
Aftermath Perps TSLAUSD+0.0017%1h376.50+0.039%$38K$42K10xas long as short
Lighter TSLA+0.0032%1h376.51+0.043%$816K$3.6M20xas long as short
Lighter RH TSLA+0.0032%1h376.51+0.043%$1.2M$2.5M20xas long as short
QFEX TSLA-USD+0.0038%1h376.44+0.024%$1.2M$6.5M10xas long as short
Arcus TSLA-USD+0.0040%1h376.37+0.005%$140K$96K10xas long as short
Bullet TSLA-USD+0.0042%1h376.57+0.058%$6K$92K10xas long as short
Vest TSLA-USD-PERP+0.0046%1h376.58+0.061%$130K25xas long as short
tradeXYZ xyz:TSLAlong+0.0050%1h376.35long leg$44.3M$14.4M20x
Polymarket Perps TSLA-USD+0.0050%1h376.36+0.003%$301K$309K10xas long as short
SoDEX TSLA-USD+0.0050%1h376.44+0.024%$4K$3K10xas long as short
Ondo Perps TSLA-USD.P+0.0050%1h376.46+0.029%$1.6M$1.1M10xas long as short
Coinbase International TSLA-PERP-INTX+0.0056%1h376.45+0.027%$512K$330K10xas long as short
GRVT TSLA_USDT_Perp+0.0060%8h376.73+0.101%$845K$2.8M10xas long as short
Gate TSLA_USDT+0.0094%8h376.54+0.050%$2.3M$3.6M100xas long as short
Pacifica TSLA+0.0100%1h376.41+0.016%$390K$38K10xas long as short
KuCoin TSLAUSDTM+0.0100%8h376.47+0.032%$1.5M$105K20xas long as short
ApeX Omni TSLAUSDT+0.0100%1h376.51+0.043%$4K$62K50xas long as short
Orderly PERP_TSLA_USDC+0.0100%8h376.43+0.021%$41K$23K20xas long as short
Aevo TSLA-PERP+0.0104%1h376.45+0.026%$74510xas long as short
Nado TSLA-PERP+0.0142%1h376.42+0.020%$489K$112K20xas long as short
Injective TSLA/USDC PERP+0.0220%1h377.69+0.356%$79K$36K30xas long as short
Phoenix TSLAshort+0.0255%1h376.81+0.122%$1.3M$539K20x