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

TSLA

RWAall TSLA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0354%/8h= −38.8% APRnext payment $0.44 per $10,000 · paid last 24h −0.082%
Price spread now: SoDEX against Phoenix−0.165%70s7-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
Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and SoDEX is 0.165% cheaper against Phoenix than usual: you would sell low and buy high (−$16 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 70 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhoenix TSLA376.830.0404pay 0.0051% / 1h6m 18s$1.3M$525K20x
ShortSoDEX TSLA-USD376.210.0050get 0.0006% / 1h6m 18s$4K$3K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX 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
−$74.36
Price spread: −0.165% → 0.000%
−$16.45
Slippage, 4 orders
no order book: not counted
Fee Phoenix: 3.5 bp × 2 orders
−$7
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$105.81
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: Phoenix: live order book, 2 min ago; SoDEX: 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, 2 min ago2.65 bp9.4 bp −$918.9 bp −$189doesn't fitdoesn't fit
Sell SoDEX no order-book sample
SoDEX: 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−0.0211%4h376.69−0.036%$398K$1.0M10xas long as short
Bybit TSLAUSDT0.0000%8h376.43−0.106%$10.2M$15.4M100xas long as short
OKX TSLA-USDT-SWAP0.0000%8h376.31−0.138%$11.2M$16.9M25xas long as short
Gate TSLA_USDT0.0000%8h376.27−0.149%$2.3M$3.5M100xas long as short
Bitget TSLAUSDT0.0000%8h376.25−0.154%$17.3M$23.2M100xas long as short
StandX TSLA-USD0.0000%1h376.35−0.127%$200K$917K20xas long as short
Phemex TSLAUSDT0.0000%4h376.42−0.109%$1.1M$14K10xas long as short
Hotstuff TSLA-PERP+0.0008%1h376.14−0.183%$34K20xas long as short
Aster TSLAUSDT+0.0022%8h376.54−0.077%$575K$200K50xas long as short
Aftermath Perps TSLAUSD+0.0032%1h376.36−0.125%$38K$36K10xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH TSLA+0.0032%1h376.25−0.154%$1.2M$2.6M20xas long as short
Arcus TSLA-USD+0.0040%1h376.35−0.127%$135K$108K10xas long as short
Vest TSLA-USD-PERP+0.0046%1h376.36−0.125%$125K25xas long as short
tradeXYZ xyz:TSLA+0.0050%1h376.12−0.188%$44.6M$14.9M20xas long as short
Polymarket Perps TSLA-USD+0.0050%1h376.20−0.167%$300K$303K10xas long as short
SoDEX TSLA-USDshort+0.0050%1h376.21−0.165%$4K$3K10x
Ondo Perps TSLA-USD.P+0.0050%1h376.04−0.210%$1.6M$1.1M10xas long as short
Variational Omni TSLA+0.0057%8h376.66−0.046%$1.8M$1.3Mas long as short
QFEX TSLA-USD+0.0067%1h376.20−0.167%$1.2M$6.2M10xas long as short
Binance TSLAUSDT+0.0087%8h376.32−0.135%$47.1M$114.6M25xas long as short
Extended TSLA_24_5-USD+0.0088%1h376.23−0.159%$483K$2.7M10xas long as short
Pacifica TSLA+0.0100%1h376.08−0.198%$389K$36K10xas long as short
KuCoin TSLAUSDTM+0.0100%8h376.18−0.172%$1.5M$1.9M20xas long as short
ApeX Omni TSLAUSDT+0.0100%1h376.33−0.133%$4K$62K50xas long as short
Orderly PERP_TSLA_USDC+0.0100%8h376.31−0.138%$41K$23K20xas long as short
BloFin TSLA-USDT+0.0100%8h376.61−0.058%$580K$356K20xas long as short
Aevo TSLA-PERP+0.0104%1h376.26−0.150%$74510xas long as short
Deribit TSLA_USDC-PERPETUAL+0.0122%1h376.17−0.175%$18K$195K10xas long as short
Lighter TSLA+0.0136%1h376.23−0.159%$819K$3.7M20xas long as short
Coinbase International TSLA-PERP-INTX+0.0176%1h376.72−0.029%$509K$357K10xas long as short
Injective TSLA/USDC PERP+0.0220%1h379.80+0.788%$79K$36K30xas long as short
Bullet TSLA-USD+0.0230%1h376.29−0.143%$6K$91K10xas long as short
RISEx TSLA/USDC+0.0257%1h376.38−0.119%$215K$655K20xas long as short
Nado TSLA-PERP+0.0282%1h376.09−0.196%$498K$116K20xas long as short
GRVT TSLA_USDT_Perp+0.0292%8h376.69−0.038%$850K$2.8M10xas long as short
Phoenix TSLAlong+0.0404%1h376.83long leg$1.3M$525K20x