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−0.0056%/8h= −6.1% APRnext payment $0.07 per $10,000 · paid last 24h −0.033%
Price spread now: Injective against Phoenix+0.399%112s7-day average · 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 7 days−0.198%−$20 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. Injective is 0.399% dearer against Phoenix than usual: you sell high and buy low (spread +0.399% now, against zero (this spread has no 7-day history yet)): +$40 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 24 days. The two prices were read 112 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhoenix TSLA376.280.0276pay 0.0035% / 1h17m 25s$1.3M$540K20x
ShortInjective TSLA/USDC PERP377.780.0220get 0.0028% / 1h17m 25s$79K$36K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective against Phoenix. 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
−$11.78
Price spread: +0.399% → 0.000%
$39.86
Slippage, 4 orders
no order book: not counted
Fee Phoenix: 3.5 bp × 2 orders
−$7
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
$21.06
Costs to cover
0.070%
Break-even
from the start
Slippage unknown: Phoenix: live order book, 1 min ago; Injective: no order-book sample. 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 Phoenix live order book, 1 min ago2.92 bp10.0 bp −$1020.3 bp −$203doesn't fitdoesn't fit
Sell Injective no order-book sample
Injective: 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−0.0628%4h376.34+0.017%$398K$1.0M10xas long as short
Hotstuff TSLA-PERP−0.0040%1h376.03−0.066%$34K20xas long as short
Aster TSLAUSDT0.0000%8h376.39+0.030%$576K$198K50xas long as short
Extended TSLA_24_5-USD0.0000%1h376.25−0.008%$480K$2.7M10xas long as short
Binance TSLAUSDT0.0000%8h376.39+0.029%$47.0M$112.4M25xas long as short
Bybit TSLAUSDT0.0000%8h376.38+0.027%$10.3M$15.4M100xas long as short
OKX TSLA-USDT-SWAP0.0000%8h376.35+0.019%$11.3M$16.8M25xas long as short
RISEx TSLA/USDC0.0000%1h376.37+0.023%$290K$580K20xas long as short
Bitget TSLAUSDT0.0000%8h376.33+0.013%$17.1M$22.6M100xas long as short
Variational Omni TSLA0.0000%8h376.37+0.024%$1.9M$1.3Mas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX TSLA-USD0.0000%1h376.32+0.011%$200K$895K20xas long as short
Deribit TSLA_USDC-PERPETUAL0.0000%1h376.14−0.037%$18K$192K10xas long as short
Phemex TSLAUSDT0.0000%4h376.33+0.013%$1.1M$14K10xas long as short
BloFin TSLA-USDT+0.0012%8h376.40+0.032%$576K$353K20xas long as short
Aftermath Perps TSLAUSD+0.0018%1h376.12−0.042%$38K$40K10xas long as short
Gate TSLA_USDT+0.0025%8h376.42+0.037%$2.3M$3.5M100xas long as short
Lighter RH TSLA+0.0032%1h376.26−0.005%$1.2M$2.5M20xas long as short
QFEX TSLA-USD+0.0033%1h376.31+0.008%$1.2M$6.2M10xas long as short
Arcus TSLA-USD+0.0040%1h376.08−0.053%$133K$106K10xas long as short
Vest TSLA-USD-PERP+0.0046%1h376.26−0.005%$128K25xas long as short
tradeXYZ xyz:TSLA+0.0050%1h376.04−0.064%$44.5M$14.7M20xas long as short
Polymarket Perps TSLA-USD+0.0050%1h376.16−0.032%$300K$309K10xas long as short
SoDEX TSLA-USD+0.0050%1h376.22−0.016%$4K$3K10xas long as short
Ondo Perps TSLA-USD.P+0.0050%1h376.07−0.056%$1.6M$1.1M10xas long as short
Lighter TSLA+0.0056%1h376.27−0.003%$839K$3.7M20xas long as short
Coinbase International TSLA-PERP-INTX+0.0080%1h376.13−0.040%$511K$339K10xas long as short
GRVT TSLA_USDT_Perp+0.0096%8h376.48+0.052%$845K$2.8M10xas long as short
Pacifica TSLA+0.0100%1h376.09−0.051%$390K$37K10xas long as short
KuCoin TSLAUSDTM+0.0100%8h376.15−0.035%$1.5M$105K20xas long as short
ApeX Omni TSLAUSDT+0.0100%1h376.17−0.029%$4K$62K50xas long as short
Orderly PERP_TSLA_USDC+0.0100%8h376.20−0.021%$41K$23K20xas long as short
Aevo TSLA-PERP+0.0104%1h376.17−0.030%$74510xas long as short
Bullet TSLA-USD+0.0123%1h376.36+0.022%$4K$90K10xas long as short
Nado TSLA-PERP+0.0216%1h376.11−0.044%$489K$112K20xas long as short
Injective TSLA/USDC PERPshort+0.0220%1h377.78+0.399%$79K$36K30x
Phoenix TSLAlong+0.0276%1h376.28long leg$1.3M$540K20x