Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.030%

Price spread now: Phemex against ApeX Omni−0.013%77s7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on ApeX Omni Short on Phemex

What this pair did over the last

the charts below follow

Funding, last 7 days−0.210%−$21 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$3 a day on $10k at the current rate. The two prices were read 77 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	ApeX Omni TSLAUSDT	376.13	0.0100	pay 0.0013% / 1h	45m 48s	$4K	$62K	50x
Short	Phemex TSLAUSDT	376.08	0	get 0.0000% / 4h	3h 45m	$1.1M	$13K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phemex against ApeX Omni. 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 ApeX OmnibpFee PhemexbpOrdersPrice spread, now −0.013%Rate

Funding earned: −$21
Price spread: −0.013% → 0.000%: −$1.33
Slippage, 4 orders: no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Phemex: 6 bp × 2 orders: −$12
Net: −$44.33
Costs to cover: 0.220%
Break-even: never at this rate

Slippage unknown: ApeX Omni: no order-book sample; Phemex: live order book, 2 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 ApeX Omni no order-book sample	—	—	—	—	—
Sell Phemex live order book, 2 min ago	2.39 bp	32.8 bp −$33	doesn't fit	doesn't fit	doesn't fit

ApeX Omni: 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	−0.0241%	4h	376.30	+0.046%	$398K	$1.0M	10x	as long as short
BloFin TSLA-USDT	−0.0026%	8h	376.32	+0.051%	$570K	$340K	20x	as long as short
Aster TSLAUSDT	0.0000%	8h	376.03	−0.026%	$585K	$191K	50x	as long as short
Extended TSLA_24_5-USD	0.0000%	1h	376.04	−0.023%	$477K	$11.0M	10x	as long as short
Binance TSLAUSDT	0.0000%	8h	376.12	−0.003%	$47.0M	$109.5M	25x	as long as short
Bybit TSLAUSDT	0.0000%	8h	376.12	−0.003%	$10.2M	$15.4M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	376.08	−0.013%	$11.2M	$16.8M	25x	as long as short
Gate TSLA_USDT	0.0000%	8h	376.14	+0.003%	$2.3M	$3.9M	100x	as long as short
Bitget TSLAUSDT	0.0000%	8h	375.99	−0.037%	$16.8M	$22.6M	100x	as long as short
Variational Omni TSLA	0.0000%	8h	376.17	+0.010%	$1.9M	$1.3M	—	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
StandX TSLA-USD	0.0000%	1h	376.31	+0.048%	$200K	$894K	20x	as long as short
Deribit TSLA_USDC-PERPETUAL	0.0000%	1h	375.95	−0.048%	$20K	$186K	10x	as long as short
Phemex TSLAUSDTshort	0.0000%	4h	376.08	−0.013%	$1.1M	$13K	10x
Aftermath Perps TSLAUSD	+0.0009%	1h	376.14	+0.002%	$38K	$47K	10x	as long as short
QFEX TSLA-USD	+0.0028%	1h	376.13	0.000%	$1.2M	$7.1M	10x	as long as short
Lighter TSLA	+0.0032%	1h	376.10	−0.008%	$655K	$3.3M	20x	as long as short
Lighter RH TSLA	+0.0032%	1h	376.13	0.000%	$1.2M	$2.5M	20x	as long as short
Arcus TSLA-USD	+0.0040%	1h	376.11	−0.005%	$165K	$91K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	376.16	+0.008%	—	$133K	25x	as long as short
Coinbase International TSLA-PERP-INTX	+0.0048%	1h	375.11	−0.271%	$529K	$312K	10x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	375.87	−0.069%	$44.2M	$14.3M	20x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	375.99	−0.037%	$298K	$308K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	376.03	−0.027%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	375.95	−0.048%	$1.6M	$1.0M	10x	as long as short
RISEx TSLA/USDC	+0.0079%	1h	376.29	+0.041%	$291K	$598K	20x	as long as short
GRVT TSLA_USDT_Perp	+0.0086%	8h	376.35	+0.058%	$855K	$2.8M	10x	as long as short
Pacifica TSLA	+0.0100%	1h	376.17	+0.011%	$390K	$38K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	375.91	−0.058%	$1.5M	$158K	20x	as long as short
ApeX Omni TSLAUSDTlong	+0.0100%	1h	376.13	long leg	$4K	$62K	50x
Orderly PERP_TSLA_USDC	+0.0100%	8h	376.15	+0.005%	$41K	$21K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	376.07	−0.015%	$745	—	10x	as long as short
Nado TSLA-PERP	+0.0135%	1h	376.15	+0.005%	$490K	$111K	20x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	377.10	+0.258%	$78K	$36K	30x	as long as short
Bullet TSLA-USD	+0.0228%	1h	376.16	+0.009%	$5K	$92K	10x	as long as short
Phoenix TSLA	+0.0277%	1h	376.29	+0.043%	$1.3M	$547K	20x	as long as short
Hotstuff TSLA-PERP	+0.0296%	1h	376.04	−0.024%	$34K	—	20x	as long as short