Funding you earn now, next payment 22:00 UTC+0.0277%/8h= +30.3% APRpaid last 24h +0.090%
Price spread now: Phoenix against Aster+0.120%95s7-day average +0.026% · you sell dearer than you buy
Net, funding: paid 7d − costs+$25as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$390.388% of the position
Funding, last 7 days+0.633%+$63 on $10k
+Price spread, last 7 days−0.050%−$5 · spread now +0.120%, 7d avg +0.026%
=Together, before fees+0.583%+ Points / potential airdropAster: Stage 5 · farm board+$58 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Phoenix is 0.094% dearer against Aster than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.026%. The two prices were read 95 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 | Aster TSLAUSDT | 375.11 | 0 | get 0.0000% / 8h | 1h 45m | $584K | $192K | 50x |
| Short | Phoenix TSLA | 375.56 | 0.0277 | get 0.0035% / 1h | 45m 54s | $1.3M | $522K | 20x |
Aster TSLAUSDT
Phoenix TSLAFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix against Aster. 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
- $58.18
- Price spread: +0.120% → +0.026%
- $9.4
- Slippage, 4 orders
- −$23.8
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- $28.78
- Costs to cover
- 0.388%
- Break-even
- 3.5 days
Slippage from Aster: live order book, 37 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Aster live order book, 37 min ago | 0.13 bp | 13.0 bp −$13 | 352.9 bp −$3,529 | doesn't fit | doesn't fit |
| Sell Phoenix live order book, 2 min ago | 1.20 bp | 12.4 bp −$12 | 23.9 bp −$239 | doesn't fit | doesn't fit |
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 | +0.041% | $397K | $1.0M | 10x | as long as short |
| Aster TSLAUSDTlong | 0.0000% | 8h | 375.11 | long leg | $584K | $192K | 50x | |
| Extended TSLA_24_5-USD | 0.0000% | 1h | 375.17 | +0.015% | $477K | $10.6M | 10x | as long as short |
| Binance TSLAUSDT | 0.0000% | 8h | 375.24 | +0.034% | $46.9M | $110.0M | 25x | as long as short |
| Bybit TSLAUSDT | 0.0000% | 8h | 375.35 | +0.064% | $10.2M | $15.4M | 100x | as long as short |
| OKX TSLA-USDT-SWAP | 0.0000% | 8h | 375.20 | +0.024% | $11.2M | $16.8M | 25x | as long as short |
| RISEx TSLA/USDC | 0.0000% | 1h | 375.32 | +0.056% | $175K | $529K | 20x | as long as short |
| Gate TSLA_USDT | 0.0000% | 8h | 375.19 | +0.021% | $2.3M | $4.1M | 100x | as long as short |
| Bitget TSLAUSDT | 0.0000% | 8h | 375.17 | +0.016% | $16.6M | $22.5M | 100x | as long as short |
| Variational Omni TSLA | 0.0000% | 8h | 375.27 | +0.043% | $1.8M | $1.1M | — | as long as short |
edgeX TSLAUSDC
Extended TSLA_24_5-USD
Binance TSLAUSDT
Bybit TSLAUSDT
OKX TSLA-USDT-SWAP
RISEx TSLA/USDC
Gate TSLA_USDT
Bitget TSLAUSDT
Variational Omni TSLAShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| StandX TSLA-USD | 0.0000% | 1h | 375.27 | +0.043% | $199K | $900K | 20x | as long as short |
| Deribit TSLA_USDC-PERPETUAL | 0.0000% | 1h | 375.00 | −0.029% | $20K | $186K | 10x | as long as short |
| Phemex TSLAUSDT | 0.0000% | 4h | 375.25 | +0.037% | $1.1M | $13K | 10x | as long as short |
| Aftermath Perps TSLAUSD | +0.0014% | 1h | 375.12 | +0.001% | $38K | $49K | 10x | as long as short |
| Hotstuff TSLA-PERP | +0.0016% | 1h | 375.06 | −0.013% | $34K | — | 20x | as long as short |
| Bullet TSLA-USD | +0.0025% | 1h | 375.23 | +0.032% | $5K | $90K | 10x | as long as short |
| BloFin TSLA-USDT | +0.0025% | 8h | 375.25 | +0.037% | $570K | $341K | 20x | as long as short |
| QFEX TSLA-USD | +0.0030% | 1h | 375.20 | +0.024% | $1.2M | $7.1M | 10x | as long as short |
| Lighter TSLA | +0.0032% | 1h | 375.21 | +0.027% | $648K | $3.3M | 20x | as long as short |
| Lighter RH TSLA | +0.0032% | 1h | 375.23 | +0.032% | $1.2M | $2.6M | 20x | as long as short |
| Arcus TSLA-USD | +0.0040% | 1h | 375.11 | 0.000% | $153K | $84K | 10x | as long as short |
| Vest TSLA-USD-PERP | +0.0046% | 1h | 375.19 | +0.021% | — | $133K | 25x | as long as short |
| tradeXYZ xyz:TSLA | +0.0050% | 1h | 375.04 | −0.019% | $43.5M | $14.2M | 20x | as long as short |
| Polymarket Perps TSLA-USD | +0.0050% | 1h | 375.02 | −0.024% | $297K | $292K | 10x | as long as short |
| SoDEX TSLA-USD | +0.0050% | 1h | 375.15 | +0.011% | $4K | $3K | 10x | as long as short |
| Nado TSLA-PERP | +0.0050% | 1h | 375.06 | −0.013% | $484K | $90K | 20x | as long as short |
| Ondo Perps TSLA-USD.P | +0.0050% | 1h | 375.10 | −0.003% | $1.6M | $1.0M | 10x | as long as short |
| Pacifica TSLA | +0.0100% | 1h | 375.02 | −0.023% | $389K | $38K | 10x | as long as short |
| KuCoin TSLAUSDTM | +0.0100% | 8h | 375.08 | −0.008% | $1.5M | $159K | 20x | as long as short |
| ApeX Omni TSLAUSDT | +0.0100% | 1h | 375.15 | +0.011% | $4K | $62K | 50x | as long as short |
| Orderly PERP_TSLA_USDC | +0.0100% | 8h | 375.06 | −0.013% | $41K | $20K | 20x | as long as short |
| Aevo TSLA-PERP | +0.0104% | 1h | 375.16 | +0.013% | $743 | — | 10x | as long as short |
| GRVT TSLA_USDT_Perp | +0.0123% | 8h | 375.35 | +0.065% | $848K | $2.9M | 10x | as long as short |
| Coinbase International TSLA-PERP-INTX | +0.0128% | 1h | 375.11 | 0.000% | $529K | $332K | 10x | as long as short |
| Injective TSLA/USDC PERP | +0.0220% | 1h | 376.36 | +0.333% | $78K | $36K | 30x | as long as short |
| Phoenix TSLAshort | +0.0277% | 1h | 375.56 | +0.120% | $1.3M | $522K | 20x |
StandX TSLA-USD
Deribit TSLA_USDC-PERPETUAL
Phemex TSLAUSDT
Aftermath Perps TSLAUSD
Hotstuff TSLA-PERP
Bullet TSLA-USD
BloFin TSLA-USDT
QFEX TSLA-USD
Lighter TSLA
Lighter RH TSLA
Arcus TSLA-USD
Vest TSLA-USD-PERP
tradeXYZ xyz:TSLA
Polymarket Perps TSLA-USD
SoDEX TSLA-USD
Nado TSLA-PERP
Ondo Perps TSLA-USD.P
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