Funding you earn now, next payment 05:00 UTC−0.0244%/8h= −26.7% APRnext payment −$0.30 per $10,000 · paid last 24h −0.084%
Price spread now: RISEx against Phoenix+0.123%7-day average −0.017% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$14as in the Price arb table
costs, in and out, $10k−$280.278% of the position
Funding, last 4 days (all we have)−0.164%−$16 on $10k
+Price spread, last 4 days (all we have)−0.154%−$15 · spread now +0.123%, 7d avg −0.017%
=The price spread pays, funding is against you. RISEx is 0.141% dearer against Phoenix than usual: you sell high and buy low (spread +0.123% now, against its 7-day average of −0.017%): +$14 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 46 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix TSLA | 376.28 | 0.0298 | pay 0.0037% / 1h | 9m 35s | $1.3M | $528K | 20x |
| Short | RISEx TSLA/USDC | 376.74 | 0.0054 | get 0.0007% / 1h | 9m 35s | $217K | $618K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
RISEx against Phoenix. 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
- −$51.24
- Price spread: +0.123% → −0.017%
- $14.06
- Slippage, 4 orders
- −$14.82
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee RISEx: 3 bp × 2 orders
- −$6
- Net
- −$64.99
- Costs to cover
- 0.278%
- Break-even
- never at this rate
Slippage from Phoenix: live order book, 4 min ago; RISEx: live order book, 39 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 Phoenix live order book, 4 min ago | 2.66 bp | 9.6 bp −$10 | 19.3 bp −$193 | doesn't fit | doesn't fit |
| Sell RISEx live order book, 39 min ago | 1.33 bp | 4.3 bp −$4 | 5.6 bp −$56 | 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 | −0.0502% | 4h | 376.58 | +0.080% | $398K | $1.0M | 10x | as long as short |
| BloFin TSLA-USDT | −0.0005% | 8h | 376.69 | +0.109% | $575K | $355K | 20x | as long as short |
| Aster TSLAUSDT | 0.0000% | 8h | 376.48 | +0.052% | $575K | $199K | 50x | as long as short |
| Extended TSLA_24_5-USD | 0.0000% | 1h | 376.60 | +0.085% | $479K | $2.7M | 10x | as long as short |
| Binance TSLAUSDT | 0.0000% | 8h | 376.70 | +0.112% | $47.3M | $113.1M | 25x | as long as short |
| Bybit TSLAUSDT | 0.0000% | 8h | 376.70 | +0.112% | $10.2M | $15.4M | 100x | as long as short |
| OKX TSLA-USDT-SWAP | 0.0000% | 8h | 376.62 | +0.090% | $11.2M | $16.9M | 25x | as long as short |
| Gate TSLA_USDT | 0.0000% | 8h | 376.70 | +0.112% | $2.3M | $3.6M | 100x | as long as short |
| Bitget TSLAUSDT | 0.0000% | 8h | 376.65 | +0.098% | $17.1M | $22.7M | 100x | as long as short |
| Variational Omni TSLA | 0.0000% | 8h | 376.63 | +0.093% | $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 | 376.40 | +0.032% | $200K | $917K | 20x | as long as short |
| Phemex TSLAUSDT | 0.0000% | 4h | 376.64 | +0.096% | $1.1M | $14K | 10x | as long as short |
| Hotstuff TSLA-PERP | +0.0008% | 1h | 376.29 | +0.003% | $34K | — | 20x | as long as short |
| Aftermath Perps TSLAUSD | +0.0020% | 1h | 376.17 | −0.031% | $38K | $39K | 10x | as long as short |
| Lighter RH TSLA | +0.0032% | 1h | 376.59 | +0.082% | $1.3M | $2.6M | 20x | as long as short |
| Arcus TSLA-USD | +0.0040% | 1h | 376.26 | −0.005% | $135K | $107K | 10x | as long as short |
| Vest TSLA-USD-PERP | +0.0046% | 1h | 376.54 | +0.069% | — | $125K | 25x | as long as short |
| tradeXYZ xyz:TSLA | +0.0050% | 1h | 376.35 | +0.019% | $44.6M | $14.8M | 20x | as long as short |
| Polymarket Perps TSLA-USD | +0.0050% | 1h | 376.50 | +0.058% | $301K | $307K | 10x | as long as short |
| SoDEX TSLA-USD | +0.0050% | 1h | 376.67 | +0.104% | $4K | $3K | 10x | as long as short |
| Ondo Perps TSLA-USD.P | +0.0050% | 1h | 376.22 | −0.016% | $1.6M | $1.1M | 10x | as long as short |
| QFEX TSLA-USD | +0.0052% | 1h | 376.63 | +0.093% | $1.2M | $6.1M | 10x | as long as short |
| RISEx TSLA/USDCshort | +0.0054% | 1h | 376.74 | +0.123% | $217K | $618K | 20x | |
| Pacifica TSLA | +0.0100% | 1h | 376.35 | +0.019% | $390K | $36K | 10x | as long as short |
| KuCoin TSLAUSDTM | +0.0100% | 8h | 376.35 | +0.019% | $1.5M | $108K | 20x | as long as short |
| ApeX Omni TSLAUSDT | +0.0100% | 1h | 376.43 | +0.040% | $4K | $62K | 50x | as long as short |
| Orderly PERP_TSLA_USDC | +0.0100% | 8h | 376.37 | +0.024% | $41K | $23K | 20x | as long as short |
| Aevo TSLA-PERP | +0.0104% | 1h | 376.62 | +0.090% | $746 | — | 10x | as long as short |
| Coinbase International TSLA-PERP-INTX | +0.0112% | 1h | 376.13 | −0.040% | $511K | $337K | 10x | as long as short |
| Lighter TSLA | +0.0120% | 1h | 376.62 | +0.090% | $829K | $3.7M | 20x | as long as short |
| Deribit TSLA_USDC-PERPETUAL | +0.0122% | 1h | 376.47 | +0.050% | $18K | $193K | 10x | as long as short |
| GRVT TSLA_USDT_Perp | +0.0174% | 8h | 376.71 | +0.114% | $855K | $2.8M | 10x | as long as short |
| Bullet TSLA-USD | +0.0180% | 1h | 376.70 | +0.112% | $5K | $90K | 10x | as long as short |
| Injective TSLA/USDC PERP | +0.0220% | 1h | 379.54 | +0.866% | $79K | $36K | 30x | as long as short |
| Nado TSLA-PERP | +0.0235% | 1h | 376.42 | +0.036% | $488K | $110K | 20x | as long as short |
| Phoenix TSLAlong | +0.0298% | 1h | 376.28 | long leg | $1.3M | $528K | 20x |
Phoenix TSLA
RISEx TSLA/USDC
edgeX TSLAUSDC
BloFin TSLA-USDT
Aster TSLAUSDT
Extended TSLA_24_5-USD
Binance TSLAUSDT
Bybit TSLAUSDT
OKX TSLA-USDT-SWAP
Gate TSLA_USDT
Bitget TSLAUSDT
Variational Omni TSLA
StandX TSLA-USD
Phemex TSLAUSDT
Aftermath Perps TSLAUSD
Lighter RH TSLA
tradeXYZ xyz:TSLA
Polymarket Perps TSLA-USD
SoDEX TSLA-USD
Pacifica TSLA
KuCoin TSLAUSDTM
ApeX Omni TSLAUSDT
Coinbase International TSLA-PERP-INTX
Lighter TSLA
Deribit TSLA_USDC-PERPETUAL
GRVT TSLA_USDT_Perp
Bullet TSLA-USD
Injective TSLA/USDC PERP