Funding you earn now, next payment 09:00 UTC+0.0251%/8h= +27.5% APRnext payment +$0.31 per $10,000 · paid last 24h +0.085%
Price spread now: Phoenix against Vest+0.035%118s7-day average +0.106% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.128%+$13 on $10k
+Price spread, last 4 days (all we have)+0.172%+$17 · spread now +0.035%, 7d avg +0.106%
=Together, before fees+0.300%+ Points / potential airdropVest: Active · farm board+$30 on $10k · with fees, hour by hour
Funding pays, the price is against you. Phoenix is 0.071% cheaper against Vest than usual: you would sell low and buy high (spread +0.035% now, against its 7-day average of +0.106%). If the spread goes back, that is −$7 on $10k: about 23 hours of funding at the current rate (+$8 a day). At the pace of the last 4 days (+0.128% in total) that is about 2.0 days. The two prices were read 118 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 | 376.65 | 0.0046 | pay 0.0006% / 1h | 17m 31s | — | $126K | 25x |
| Short | Phoenix TSLA | 376.78 | 0.0297 | get 0.0037% / 1h | 17m 31s | $1.3M | $502K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix 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
- $52.8
- Price spread: +0.035% → +0.106%
- −$7.12
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- $36.67
- Costs to cover
- 0.090%
- Break-even
- 2.1 days
Slippage unknown: Vest: no order-book sample; Phoenix: 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 Phoenix live order book, 4 min ago | 2.92 bp | 9.8 bp −$10 | 20.1 bp −$201 | 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 exchanges
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 | −0.0063% | 4h | 376.68 | +0.007% | $396K | $1.1M | 10x | as long as short |
| Hotstuff TSLA-PERP | −0.0032% | 1h | 376.47 | −0.048% | $34K | — | 20x | as long as short |
| Bybit TSLAUSDT | 0.0000% | 8h | 376.83 | +0.048% | $10.1M | $14.0M | 100x | as long as short |
| OKX TSLA-USDT-SWAP | 0.0000% | 8h | 376.82 | +0.045% | $11.3M | $15.4M | 25x | as long as short |
| Gate TSLA_USDT | 0.0000% | 8h | 376.83 | +0.048% | $2.3M | $3.2M | 100x | as long as short |
| Bitget TSLAUSDT | 0.0000% | 8h | 376.73 | +0.021% | $17.2M | $23.7M | 100x | as long as short |
| StandX TSLA-USD | 0.0000% | 1h | 376.55 | −0.027% | $200K | $958K | 20x | as long as short |
| Phemex TSLAUSDT | 0.0000% | 4h | 376.80 | +0.040% | $1.1M | $14K | 10x | as long as short |
| Aftermath Perps TSLAUSD | +0.0023% | 1h | 376.59 | −0.017% | $38K | $36K | 10x | as long as short |
| Lighter RH TSLA | +0.0032% | 1h | 376.67 | +0.005% | $1.2M | $2.5M | 20x | as long as short |
Show all 36 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus TSLA-USD | +0.0040% | 1h | 376.56 | −0.024% | $132K | $85K | 10x | as long as short |
| Vest TSLA-USD-PERPlong | +0.0046% | 1h | 376.65 | long leg | — | $126K | 25x | |
| tradeXYZ xyz:TSLA | +0.0050% | 1h | 376.47 | −0.048% | $44.7M | $14.8M | 20x | as long as short |
| Polymarket Perps TSLA-USD | +0.0050% | 1h | 376.51 | −0.037% | $300K | $144K | 10x | as long as short |
| SoDEX TSLA-USD | +0.0050% | 1h | 376.72 | +0.019% | $4K | $3K | 10x | as long as short |
| Ondo Perps TSLA-USD.P | +0.0050% | 1h | 376.34 | −0.082% | $1.5M | $1.1M | 10x | as long as short |
| QFEX TSLA-USD | +0.0053% | 1h | 376.68 | +0.008% | $1.3M | $6.2M | 10x | as long as short |
| Deribit TSLA_USDC-PERPETUAL | +0.0069% | 1h | 376.55 | −0.027% | $18K | $191K | 10x | as long as short |
| Lighter TSLA | +0.0088% | 1h | 376.69 | +0.011% | $805K | $3.7M | 20x | as long as short |
| Pacifica TSLA | +0.0100% | 1h | 376.45 | −0.053% | $390K | $36K | 10x | as long as short |
| KuCoin TSLAUSDTM | +0.0100% | 8h | 376.47 | −0.048% | $1.4M | $3.3M | 20x | as long as short |
| ApeX Omni TSLAUSDT | +0.0100% | 1h | 376.51 | −0.037% | $4K | $61K | 50x | as long as short |
| Orderly PERP_TSLA_USDC | +0.0100% | 8h | 376.50 | −0.040% | $41K | $25K | 20x | as long as short |
| Aevo TSLA-PERP | +0.0104% | 1h | 376.76 | +0.030% | $746 | — | 10x | as long as short |
| Coinbase International TSLA-PERP-INTX | +0.0120% | 1h | 376.58 | −0.019% | $517K | $387K | 10x | as long as short |
| Aster TSLAUSDT | +0.0142% | 8h | 376.81 | +0.042% | $575K | $190K | 50x | as long as short |
| RISEx TSLA/USDC | +0.0175% | 1h | 376.80 | +0.040% | $226K | $656K | 20x | as long as short |
| Variational Omni TSLA | +0.0180% | 8h | 376.75 | +0.026% | $1.7M | $1.5M | — | as long as short |
| BloFin TSLA-USDT | +0.0182% | 8h | 376.75 | +0.027% | $584K | $367K | 20x | as long as short |
| Binance TSLAUSDT | +0.0199% | 8h | 376.76 | +0.029% | $47.2M | $115.1M | 25x | as long as short |
| Bullet TSLA-USD | +0.0199% | 1h | 376.79 | +0.038% | $6K | $94K | 10x | as long as short |
| Extended TSLA_24_5-USD | +0.0200% | 1h | 376.66 | +0.001% | $484K | $2.7M | 10x | as long as short |
| Injective TSLA/USDC PERP | +0.0220% | 1h | 377.30 | +0.173% | $76K | $39K | 30x | as long as short |
| Nado TSLA-PERP | +0.0231% | 1h | 376.47 | −0.046% | $499K | $99K | 20x | as long as short |
| Phoenix TSLAshort | +0.0297% | 1h | 376.78 | +0.035% | $1.3M | $502K | 20x | |
| GRVT TSLA_USDT_Perp | +0.0682% | 8h | 376.83 | +0.048% | $849K | $2.9M | 10x | as long as short |
Phoenix TSLA
edgeX TSLAUSDC
Bybit TSLAUSDT
OKX TSLA-USDT-SWAP
Gate TSLA_USDT
Bitget TSLAUSDT
StandX TSLA-USD
Phemex TSLAUSDT
Aftermath Perps TSLAUSD
Lighter RH TSLA
tradeXYZ xyz:TSLA
Polymarket Perps TSLA-USD
SoDEX TSLA-USD
Deribit TSLA_USDC-PERPETUAL
Lighter TSLA
Pacifica TSLA
KuCoin TSLAUSDTM
ApeX Omni TSLAUSDT
Coinbase International TSLA-PERP-INTX
Aster TSLAUSDT
RISEx TSLA/USDC
Variational Omni TSLA
BloFin TSLA-USDT
Binance TSLAUSDT
Bullet TSLA-USD
Extended TSLA_24_5-USD
Injective TSLA/USDC PERP
GRVT TSLA_USDT_Perp