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

TSLA

RWAall TSLA markets
SwapBacktest
Alert: funding
Alert: spread
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 − costsunder 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
What this pair did over the last
the charts below follow
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%
Together, before fees−0.317%−$32 on $10k · with fees, hour by hour
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhoenix TSLA376.280.0298pay 0.0037% / 1h9m 35s$1.3M$528K20x
ShortRISEx TSLA/USDC376.740.0054get 0.0007% / 1h9m 35s$217K$618K20x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Phoenix live order book, 4 min ago2.66 bp9.6 bp −$1019.3 bp −$193doesn't fitdoesn't fit
Sell RISEx live order book, 39 min ago1.33 bp4.3 bp −$45.6 bp −$56doesn't fitdoesn't fit

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−0.0502%4h376.58+0.080%$398K$1.0M10xas long as short
BloFin TSLA-USDT−0.0005%8h376.69+0.109%$575K$355K20xas long as short
Aster TSLAUSDT0.0000%8h376.48+0.052%$575K$199K50xas long as short
Extended TSLA_24_5-USD0.0000%1h376.60+0.085%$479K$2.7M10xas long as short
Binance TSLAUSDT0.0000%8h376.70+0.112%$47.3M$113.1M25xas long as short
Bybit TSLAUSDT0.0000%8h376.70+0.112%$10.2M$15.4M100xas long as short
OKX TSLA-USDT-SWAP0.0000%8h376.62+0.090%$11.2M$16.9M25xas long as short
Gate TSLA_USDT0.0000%8h376.70+0.112%$2.3M$3.6M100xas long as short
Bitget TSLAUSDT0.0000%8h376.65+0.098%$17.1M$22.7M100xas long as short
Variational Omni TSLA0.0000%8h376.63+0.093%$1.9M$1.3Mas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX TSLA-USD0.0000%1h376.40+0.032%$200K$917K20xas long as short
Phemex TSLAUSDT0.0000%4h376.64+0.096%$1.1M$14K10xas long as short
Hotstuff TSLA-PERP+0.0008%1h376.29+0.003%$34K20xas long as short
Aftermath Perps TSLAUSD+0.0020%1h376.17−0.031%$38K$39K10xas long as short
Lighter RH TSLA+0.0032%1h376.59+0.082%$1.3M$2.6M20xas long as short
Arcus TSLA-USD+0.0040%1h376.26−0.005%$135K$107K10xas long as short
Vest TSLA-USD-PERP+0.0046%1h376.54+0.069%$125K25xas long as short
tradeXYZ xyz:TSLA+0.0050%1h376.35+0.019%$44.6M$14.8M20xas long as short
Polymarket Perps TSLA-USD+0.0050%1h376.50+0.058%$301K$307K10xas long as short
SoDEX TSLA-USD+0.0050%1h376.67+0.104%$4K$3K10xas long as short
Ondo Perps TSLA-USD.P+0.0050%1h376.22−0.016%$1.6M$1.1M10xas long as short
QFEX TSLA-USD+0.0052%1h376.63+0.093%$1.2M$6.1M10xas long as short
RISEx TSLA/USDCshort+0.0054%1h376.74+0.123%$217K$618K20x
Pacifica TSLA+0.0100%1h376.35+0.019%$390K$36K10xas long as short
KuCoin TSLAUSDTM+0.0100%8h376.35+0.019%$1.5M$108K20xas long as short
ApeX Omni TSLAUSDT+0.0100%1h376.43+0.040%$4K$62K50xas long as short
Orderly PERP_TSLA_USDC+0.0100%8h376.37+0.024%$41K$23K20xas long as short
Aevo TSLA-PERP+0.0104%1h376.62+0.090%$74610xas long as short
Coinbase International TSLA-PERP-INTX+0.0112%1h376.13−0.040%$511K$337K10xas long as short
Lighter TSLA+0.0120%1h376.62+0.090%$829K$3.7M20xas long as short
Deribit TSLA_USDC-PERPETUAL+0.0122%1h376.47+0.050%$18K$193K10xas long as short
GRVT TSLA_USDT_Perp+0.0174%8h376.71+0.114%$855K$2.8M10xas long as short
Bullet TSLA-USD+0.0180%1h376.70+0.112%$5K$90K10xas long as short
Injective TSLA/USDC PERP+0.0220%1h379.54+0.866%$79K$36K30xas long as short
Nado TSLA-PERP+0.0235%1h376.42+0.036%$488K$110K20xas long as short
Phoenix TSLAlong+0.0298%1h376.28long leg$1.3M$528K20x