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

TSLA

RWAall TSLA markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVest TSLA-USD-PERP376.650.0046pay 0.0006% / 1h17m 31s$126K25x
ShortPhoenix TSLA376.780.0297get 0.0037% / 1h17m 31s$1.3M$502K20x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Vest no order-book sample
Sell Phoenix live order book, 4 min ago2.92 bp9.8 bp −$1020.1 bp −$201doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX TSLAUSDC−0.0063%4h376.68+0.007%$396K$1.1M10xas long as short
Hotstuff TSLA-PERP−0.0032%1h376.47−0.048%$34K20xas long as short
Bybit TSLAUSDT0.0000%8h376.83+0.048%$10.1M$14.0M100xas long as short
OKX TSLA-USDT-SWAP0.0000%8h376.82+0.045%$11.3M$15.4M25xas long as short
Gate TSLA_USDT0.0000%8h376.83+0.048%$2.3M$3.2M100xas long as short
Bitget TSLAUSDT0.0000%8h376.73+0.021%$17.2M$23.7M100xas long as short
StandX TSLA-USD0.0000%1h376.55−0.027%$200K$958K20xas long as short
Phemex TSLAUSDT0.0000%4h376.80+0.040%$1.1M$14K10xas long as short
Aftermath Perps TSLAUSD+0.0023%1h376.59−0.017%$38K$36K10xas long as short
Lighter RH TSLA+0.0032%1h376.67+0.005%$1.2M$2.5M20xas long as short
Show all 36 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Arcus TSLA-USD+0.0040%1h376.56−0.024%$132K$85K10xas long as short
Vest TSLA-USD-PERPlong+0.0046%1h376.65long leg$126K25x
tradeXYZ xyz:TSLA+0.0050%1h376.47−0.048%$44.7M$14.8M20xas long as short
Polymarket Perps TSLA-USD+0.0050%1h376.51−0.037%$300K$144K10xas long as short
SoDEX TSLA-USD+0.0050%1h376.72+0.019%$4K$3K10xas long as short
Ondo Perps TSLA-USD.P+0.0050%1h376.34−0.082%$1.5M$1.1M10xas long as short
QFEX TSLA-USD+0.0053%1h376.68+0.008%$1.3M$6.2M10xas long as short
Deribit TSLA_USDC-PERPETUAL+0.0069%1h376.55−0.027%$18K$191K10xas long as short
Lighter TSLA+0.0088%1h376.69+0.011%$805K$3.7M20xas long as short
Pacifica TSLA+0.0100%1h376.45−0.053%$390K$36K10xas long as short
KuCoin TSLAUSDTM+0.0100%8h376.47−0.048%$1.4M$3.3M20xas long as short
ApeX Omni TSLAUSDT+0.0100%1h376.51−0.037%$4K$61K50xas long as short
Orderly PERP_TSLA_USDC+0.0100%8h376.50−0.040%$41K$25K20xas long as short
Aevo TSLA-PERP+0.0104%1h376.76+0.030%$74610xas long as short
Coinbase International TSLA-PERP-INTX+0.0120%1h376.58−0.019%$517K$387K10xas long as short
Aster TSLAUSDT+0.0142%8h376.81+0.042%$575K$190K50xas long as short
RISEx TSLA/USDC+0.0175%1h376.80+0.040%$226K$656K20xas long as short
Variational Omni TSLA+0.0180%8h376.75+0.026%$1.7M$1.5Mas long as short
BloFin TSLA-USDT+0.0182%8h376.75+0.027%$584K$367K20xas long as short
Binance TSLAUSDT+0.0199%8h376.76+0.029%$47.2M$115.1M25xas long as short
Bullet TSLA-USD+0.0199%1h376.79+0.038%$6K$94K10xas long as short
Extended TSLA_24_5-USD+0.0200%1h376.66+0.001%$484K$2.7M10xas long as short
Injective TSLA/USDC PERP+0.0220%1h377.30+0.173%$76K$39K30xas long as short
Nado TSLA-PERP+0.0231%1h376.47−0.046%$499K$99K20xas long as short
Phoenix TSLAshort+0.0297%1h376.78+0.035%$1.3M$502K20x
GRVT TSLA_USDT_Perp+0.0682%8h376.83+0.048%$849K$2.9M10xas long as short