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

TSLA

RWAall TSLA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0148%/8h= +16.2% APRnext payment +$0.18 per $10,000 · paid last 24h +0.069%
Price spread now: Phoenix against Bullet−0.016%62s7-day average · you buy dearer than you sell
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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds 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: +$4 a day on $10k at the current rate. The two prices were read 62 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBullet TSLA-USD376.340.0128pay 0.0016% / 1h14m 04s$4K$90K10x
ShortPhoenix TSLA376.280.0276get 0.0035% / 1h14m 04s$1.3M$540K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Phoenix against Bullet. 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
$31
Price spread: −0.016% → 0.000%
−$1.59
Slippage, 4 orders
no order book: not counted
Fee Bullet: 4 bp × 2 orders
−$8
Fee Phoenix: 3.5 bp × 2 orders
−$7
Net
$14.41
Costs to cover
0.150%
Break-even
3.7 days
Slippage unknown: Bullet: 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 Bullet no order-book sample
Sell Phoenix live order book, 4 min ago2.92 bp10.0 bp −$1020.3 bp −$203doesn't fitdoesn't fit
Bullet: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX TSLAUSDC−0.0520%4h376.34+0.001%$398K$1.0M10xas long as short
Aster TSLAUSDT0.0000%8h376.35+0.004%$576K$198K50xas long as short
Extended TSLA_24_5-USD0.0000%1h376.17−0.046%$480K$2.7M10xas long as short
Binance TSLAUSDT0.0000%8h376.27−0.017%$47.0M$112.4M25xas long as short
Bybit TSLAUSDT0.0000%8h376.29−0.013%$10.2M$15.4M100xas long as short
OKX TSLA-USDT-SWAP0.0000%8h376.26−0.021%$11.3M$16.8M25xas long as short
RISEx TSLA/USDC0.0000%1h376.40+0.016%$290K$580K20xas long as short
Hotstuff TSLA-PERP0.0000%1h376.08−0.069%$34K20xas long as short
Bitget TSLAUSDT0.0000%8h376.28−0.016%$17.1M$22.6M100xas long as short
Variational Omni TSLA0.0000%8h376.39+0.013%$1.9M$1.3Mas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX TSLA-USD0.0000%1h376.46+0.032%$200K$895K20xas long as short
Phemex TSLAUSDT0.0000%4h376.35+0.003%$1.1M$14K10xas long as short
Aftermath Perps TSLAUSD+0.0018%1h376.12−0.058%$38K$40K10xas long as short
BloFin TSLA-USDT+0.0022%8h376.340.000%$576K$353K20xas long as short
Gate TSLA_USDT+0.0026%8h376.36+0.005%$2.3M$3.5M100xas long as short
Lighter RH TSLA+0.0032%1h376.25−0.024%$1.2M$2.5M20xas long as short
QFEX TSLA-USD+0.0033%1h376.35+0.003%$1.2M$6.2M10xas long as short
Arcus TSLA-USD+0.0040%1h376.11−0.061%$133K$106K10xas long as short
Vest TSLA-USD-PERP+0.0046%1h376.27−0.019%$128K25xas long as short
tradeXYZ xyz:TSLA+0.0050%1h375.95−0.104%$44.5M$14.7M20xas long as short
Polymarket Perps TSLA-USD+0.0050%1h376.17−0.045%$300K$309K10xas long as short
SoDEX TSLA-USD+0.0050%1h376.20−0.037%$4K$3K10xas long as short
Ondo Perps TSLA-USD.P+0.0050%1h376.05−0.077%$1.6M$1.1M10xas long as short
Lighter TSLA+0.0064%1h376.26−0.021%$839K$3.7M20xas long as short
Coinbase International TSLA-PERP-INTX+0.0080%1h376.13−0.056%$511K$338K10xas long as short
GRVT TSLA_USDT_Perp+0.0099%8h376.42+0.021%$852K$2.8M10xas long as short
Pacifica TSLA+0.0100%1h376.08−0.069%$390K$37K10xas long as short
KuCoin TSLAUSDTM+0.0100%8h376.11−0.061%$1.5M$105K20xas long as short
ApeX Omni TSLAUSDT+0.0100%1h376.11−0.061%$4K$62K50xas long as short
Orderly PERP_TSLA_USDC+0.0100%8h376.26−0.021%$41K$23K20xas long as short
Aevo TSLA-PERP+0.0104%1h376.25−0.024%$74510xas long as short
Deribit TSLA_USDC-PERPETUAL+0.0122%1h376.17−0.045%$18K$192K10xas long as short
Bullet TSLA-USDlong+0.0128%1h376.34long leg$4K$90K10x
Nado TSLA-PERP+0.0217%1h376.13−0.055%$489K$112K20xas long as short
Injective TSLA/USDC PERP+0.0220%1h377.78+0.383%$79K$36K30xas long as short
Phoenix TSLAshort+0.0276%1h376.28−0.016%$1.3M$540K20x