TSLA

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0205%/8h= −22.4% APRnext payment −$0.26 per $10,000 · paid last 24h −0.087%

Price spread now: tradeXYZ against Phoenix−0.103%7-day average −0.111% · you buy dearer than you sell

Net, funding: paid 7d − costs−$91as in the Funding arb table

Net, price: spread back to 7d avg − costs−$38as in the Price arb table

costs, in and out, $10k−$390.387% of the position

Long on Phoenix Short on tradeXYZ

What this pair did over the last

the charts below follow

Funding, last 7 days−0.523%−$52 on $10k

Price spread, last 7 days−0.021%−$2 · spread now −0.103%, 7d avg −0.111%

Together, before fees−0.545%+ Points / potential airdroptradeXYZ: Active · farm board−$54 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.111%, so right now this pair is about funding alone: −$6 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Phoenix TSLA	377.48	0.0255	pay 0.0032% / 1h	13m 16s	$1.3M	$539K	20x
Short	tradeXYZ xyz:TSLA	377.09	0.0050	get 0.0006% / 1h	13m 16s	$44.3M	$14.2M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ 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

Position, each leg$Hold fordaysFee PhoenixbpFee tradeXYZbpOrdersPrice spread, now −0.103%Rate

Funding earned: −$42.97
Price spread: −0.103% → −0.111%: $0.75
Slippage, 4 orders: −$13.73
Fee Phoenix: 3.5 bp × 2 orders: −$7
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: −$80.95
Costs to cover: 0.387%
Break-even: never at this rate

Slippage from Phoenix: live order book, 5 min ago; tradeXYZ: live order book, 6 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, 5 min ago	2.65 bp	9.6 bp −$10	19.0 bp −$190	doesn't fit	doesn't fit
Sell tradeXYZ live order book, 6 min ago	0.53 bp	9.9 bp −$10	doesn't fit	doesn't fit	doesn't fit

TSLA on 35 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	−0.0129%	4h	377.40	−0.022%	$399K	$1.0M	10x	as long as short
Coinbase International TSLA-PERP-INTX	−0.0016%	1h	377.33	−0.040%	$513K	$328K	10x	as long as short
Aster TSLAUSDT	0.0000%	8h	377.31	−0.045%	$578K	$196K	50x	as long as short
Extended TSLA_24_5-USD	0.0000%	1h	377.27	−0.056%	$481K	$9.1M	10x	as long as short
Binance TSLAUSDT	0.0000%	8h	377.40	−0.022%	$47.4M	$110.6M	25x	as long as short
Bybit TSLAUSDT	0.0000%	8h	377.45	−0.008%	$10.3M	$15.5M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	377.32	−0.042%	$11.2M	$16.8M	25x	as long as short
RISEx TSLA/USDC	0.0000%	1h	377.43	−0.014%	$290K	$599K	20x	as long as short
Variational Omni TSLA	0.0000%	8h	377.41	−0.020%	$1.9M	$1.4M	—	as long as short
GRVT TSLA_USDT_Perp	0.0000%	8h	377.53	+0.013%	$852K	$2.8M	10x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
StandX TSLA-USD	0.0000%	1h	377.40	−0.021%	$200K	$909K	20x	as long as short
Bullet TSLA-USD	0.0000%	1h	377.37	−0.028%	$5K	$92K	10x	as long as short
Deribit TSLA_USDC-PERPETUAL	0.0000%	1h	377.31	−0.045%	$20K	$187K	10x	as long as short
Phemex TSLAUSDT	0.0000%	4h	377.40	−0.021%	$1.1M	$15K	10x	as long as short
Bitget TSLAUSDT	+0.0003%	8h	377.29	−0.050%	$17.0M	$22.9M	100x	as long as short
Aftermath Perps TSLAUSD	+0.0007%	1h	377.27	−0.055%	$38K	$45K	10x	as long as short
QFEX TSLA-USD	+0.0023%	1h	377.29	−0.050%	$1.2M	$6.7M	10x	as long as short
Lighter TSLA	+0.0032%	1h	377.38	−0.026%	$824K	$3.6M	20x	as long as short
Lighter RH TSLA	+0.0032%	1h	377.42	−0.016%	$1.2M	$2.6M	20x	as long as short
Arcus TSLA-USD	+0.0040%	1h	377.26	−0.058%	$163K	$93K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	377.43	−0.013%	—	$130K	25x	as long as short
tradeXYZ xyz:TSLAshort	+0.0050%	1h	377.09	−0.103%	$44.3M	$14.2M	20x
Polymarket Perps TSLA-USD	+0.0050%	1h	377.19	−0.077%	$301K	$311K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	377.27	−0.056%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	377.23	−0.066%	$1.5M	$1.1M	10x	as long as short
Gate TSLA_USDT	+0.0052%	8h	377.35	−0.034%	$2.3M	$3.8M	100x	as long as short
Hotstuff TSLA-PERP	+0.0064%	1h	377.08	−0.106%	$34K	—	20x	as long as short
Nado TSLA-PERP	+0.0098%	1h	377.24	−0.062%	$491K	$112K	20x	as long as short
Pacifica TSLA	+0.0100%	1h	377.25	−0.061%	$391K	$37K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	377.29	−0.050%	$1.5M	$105K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	377.35	−0.034%	$4K	$61K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	377.31	−0.045%	$41K	$20K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	377.28	−0.054%	$747	—	10x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	378.46	+0.260%	$79K	$36K	30x	as long as short
Phoenix TSLAlong	+0.0255%	1h	377.48	long leg	$1.3M	$539K	20x