Funding you earn now, next payment 23:00 UTC−0.0046%/8h= −5.0% APRpaid last 24h −0.014%
Price spread now: Phemex against Vest+0.024%45s7-day average +0.078% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.043%−$4 on $10k
+Price spread, last 3 days (all we have)+0.045%+$4 · spread now +0.024%, 7d avg +0.078%
=Together, before fees+0.002%+ Points / potential airdropVest: Active · farm board$0 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Phemex is 0.054% cheaper against Vest than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.078%). Swap the legs. The two prices were read 45 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 | Vest TSLA-USD-PERP | 375.22 | 0.0046 | pay 0.0006% / 1h | 48m 21s | — | $133K | 25x |
| Short | Phemex TSLAUSDT | 375.31 | 0 | get 0.0000% / 4h | 1h 48m | $1.1M | $13K | 10x |
Vest TSLA-USD-PERP
Phemex TSLAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against Vest. 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
- −$9.59
- Price spread: +0.024% → +0.078%
- −$5.44
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$29.03
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: Vest: no order-book sample; Phemex: live order book, 4 min ago. 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 Vest no order-book sample | — | — | — | — | — |
| Sell Phemex live order book, 4 min ago | 2.53 bp | 31.0 bp −$31 | doesn't fit | doesn't fit | doesn't fit |
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 | −0.0154% | 4h | 375.26 | +0.011% | $397K | $1.0M | 10x | as long as short |
| BloFin TSLA-USDT | −0.0005% | 8h | 375.29 | +0.019% | $570K | $341K | 20x | as long as short |
| Aster TSLAUSDT | 0.0000% | 8h | 375.12 | −0.027% | $584K | $192K | 50x | as long as short |
| Extended TSLA_24_5-USD | 0.0000% | 1h | 375.12 | −0.026% | $477K | $10.6M | 10x | as long as short |
| Binance TSLAUSDT | 0.0000% | 8h | 375.18 | −0.011% | $46.9M | $110.0M | 25x | as long as short |
| Bybit TSLAUSDT | 0.0000% | 8h | 375.37 | +0.040% | $10.2M | $15.4M | 100x | as long as short |
| OKX TSLA-USDT-SWAP | 0.0000% | 8h | 375.17 | −0.013% | $11.2M | $16.8M | 25x | as long as short |
| RISEx TSLA/USDC | 0.0000% | 1h | 375.40 | +0.049% | $175K | $529K | 20x | as long as short |
| Gate TSLA_USDT | 0.0000% | 8h | 375.24 | +0.005% | $2.3M | $4.1M | 100x | as long as short |
| Bitget TSLAUSDT | 0.0000% | 8h | 375.18 | −0.011% | $16.6M | $22.5M | 100x | as long as short |
edgeX TSLAUSDC
BloFin TSLA-USDT
Aster TSLAUSDT
Extended TSLA_24_5-USD
Binance TSLAUSDT
Bybit TSLAUSDT
OKX TSLA-USDT-SWAP
RISEx TSLA/USDC
Gate TSLA_USDT
Bitget TSLAUSDTShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni TSLA | 0.0000% | 8h | 375.27 | +0.014% | $1.8M | $1.1M | — | as long as short |
| StandX TSLA-USD | 0.0000% | 1h | 375.36 | +0.037% | $199K | $900K | 20x | as long as short |
| Deribit TSLA_USDC-PERPETUAL | 0.0000% | 1h | 375.12 | −0.027% | $20K | $186K | 10x | as long as short |
| Phemex TSLAUSDTshort | 0.0000% | 4h | 375.31 | +0.024% | $1.1M | $13K | 10x | |
| Aftermath Perps TSLAUSD | +0.0014% | 1h | 375.15 | −0.018% | $38K | $49K | 10x | as long as short |
| Bullet TSLA-USD | +0.0025% | 1h | 375.22 | 0.000% | $5K | $90K | 10x | as long as short |
| QFEX TSLA-USD | +0.0030% | 1h | 375.23 | +0.003% | $1.2M | $7.1M | 10x | as long as short |
| Lighter TSLA | +0.0032% | 1h | 375.27 | +0.013% | $648K | $3.3M | 20x | as long as short |
| Lighter RH TSLA | +0.0032% | 1h | 375.30 | +0.021% | $1.2M | $2.6M | 20x | as long as short |
| Arcus TSLA-USD | +0.0040% | 1h | 375.18 | −0.011% | $153K | $84K | 10x | as long as short |
| Vest TSLA-USD-PERPlong | +0.0046% | 1h | 375.22 | long leg | — | $133K | 25x | |
| tradeXYZ xyz:TSLA | +0.0050% | 1h | 375.01 | −0.056% | $43.5M | $14.2M | 20x | as long as short |
| Polymarket Perps TSLA-USD | +0.0050% | 1h | 375.07 | −0.040% | $297K | $292K | 10x | as long as short |
| SoDEX TSLA-USD | +0.0050% | 1h | 375.30 | +0.021% | $4K | $3K | 10x | as long as short |
| Ondo Perps TSLA-USD.P | +0.0050% | 1h | 375.10 | −0.032% | $1.6M | $1.0M | 10x | as long as short |
| Nado TSLA-PERP | +0.0051% | 1h | 375.13 | −0.024% | $484K | $90K | 20x | as long as short |
| Hotstuff TSLA-PERP | +0.0064% | 1h | 375.13 | −0.024% | $34K | — | 20x | as long as short |
| Pacifica TSLA | +0.0100% | 1h | 375.11 | −0.029% | $389K | $38K | 10x | as long as short |
| KuCoin TSLAUSDTM | +0.0100% | 8h | 375.09 | −0.035% | $1.5M | $159K | 20x | as long as short |
| ApeX Omni TSLAUSDT | +0.0100% | 1h | 375.15 | −0.019% | $4K | $62K | 50x | as long as short |
| Orderly PERP_TSLA_USDC | +0.0100% | 8h | 375.09 | −0.035% | $41K | $20K | 20x | as long as short |
| Aevo TSLA-PERP | +0.0104% | 1h | 375.18 | −0.010% | $743 | — | 10x | as long as short |
| GRVT TSLA_USDT_Perp | +0.0123% | 8h | 375.35 | +0.036% | $848K | $2.9M | 10x | as long as short |
| Coinbase International TSLA-PERP-INTX | +0.0128% | 1h | 375.11 | −0.029% | $529K | $332K | 10x | as long as short |
| Injective TSLA/USDC PERP | +0.0220% | 1h | 376.36 | +0.304% | $78K | $36K | 30x | as long as short |
| Phoenix TSLA | +0.0277% | 1h | 375.56 | +0.091% | $1.3M | $522K | 20x | as long as short |
Variational Omni TSLA
StandX TSLA-USD
Deribit TSLA_USDC-PERPETUAL
Aftermath Perps TSLAUSD
Bullet TSLA-USD
QFEX TSLA-USD
Lighter TSLA
Lighter RH TSLA
Arcus TSLA-USD
tradeXYZ xyz:TSLA
Polymarket Perps TSLA-USD
SoDEX TSLA-USD
Ondo Perps TSLA-USD.P
Nado TSLA-PERP
Hotstuff TSLA-PERP
Pacifica TSLA
KuCoin TSLAUSDTM
ApeX Omni TSLAUSDT
Orderly PERP_TSLA_USDC
Aevo TSLA-PERP
GRVT TSLA_USDT_Perp
Coinbase International TSLA-PERP-INTX
Injective TSLA/USDC PERP
Phoenix TSLA