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

TSLA

RWAall TSLA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC−0.0398%/8h= −43.6% APRnext payment $0.50 per $10,000 · paid last 24h −0.081%
Price spread now: Vest against Phoenix−0.106%58s7-day average −0.103% · 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 4 days (all we have)−0.138%−$14 on $10k
Price spread, last 4 days (all we have)−0.054%−$5 · spread now −0.106%, 7d avg −0.103%
Together, before fees−0.192%+ Points / potential airdropVest: Active · farm board−$19 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.103%, so right now this pair is about funding alone: −$12 a day on $10k at the current rate. The two prices were read 58 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.138% in total (about -13.5% a year). A funding rate is set anew for every payment; at this rate the next one is about $0.50 per $10,000. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhoenix TSLA378.100.0444pay 0.0055% / 1h22m 22s$1.3M$549K20x
ShortVest TSLA-USD-PERP377.700.0046get 0.0006% / 1h22m 22s$123K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest 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
−$83.64
Price spread: −0.106% → −0.103%
−$0.32
Slippage, 4 orders
no order book: not counted
Fee Phoenix: 3.5 bp × 2 orders
−$7
Fee Vest: 1 bp × 2 orders
−$2
Net
−$92.96
Costs to cover
0.090%
Break-even
never at this rate
Slippage unknown: Phoenix: live order book, 4 min ago; Vest: 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, 4 min ago2.64 bp9.6 bp −$1019.0 bp −$190doesn't fitdoesn't fit
Sell Vest no order-book sample
Vest: 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 35 exchanges

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−0.0032%4h377.99−0.030%$399K$1.1M10xas long as short
Bybit TSLAUSDT0.0000%8h377.77−0.087%$10.2M$14.0M100xas long as short
Gate TSLA_USDT0.0000%8h377.89−0.056%$2.3M$3.1M100xas long as short
Bitget TSLAUSDT0.0000%8h377.64−0.122%$17.5M$25.4M100xas long as short
StandX TSLA-USD0.0000%1h377.94−0.042%$201K$1.0M20xas long as short
Phemex TSLAUSDT0.0000%4h377.68−0.111%$1.1M$15K10xas long as short
Deribit TSLA_USDC-PERPETUAL+0.0015%1h377.43−0.177%$18K$183K10xas long as short
Aftermath Perps TSLAUSD+0.0027%1h377.55−0.145%$38K$38K10xas long as short
Lighter RH TSLA+0.0032%1h377.78−0.085%$1.3M$2.4M20xas long as short
OKX TSLA-USDT-SWAP+0.0039%8h377.79−0.082%$11.5M$15.4M25xas long as short
Show all 35 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest TSLA-USD-PERPshort+0.0046%1h377.70−0.106%$123K25x
tradeXYZ xyz:TSLA+0.0050%1h377.47−0.167%$45.0M$14.8M20xas long as short
Polymarket Perps TSLA-USD+0.0050%1h377.51−0.156%$301K$128K10xas long as short
SoDEX TSLA-USD+0.0050%1h377.56−0.143%$4K$3K10xas long as short
Ondo Perps TSLA-USD.P+0.0050%1h377.48−0.164%$1.6M$1.3M10xas long as short
QFEX TSLA-USD+0.0062%1h377.81−0.077%$1.2M$6.3M10xas long as short
Pacifica TSLA+0.0100%1h377.64−0.122%$391K$45K10xas long as short
KuCoin TSLAUSDTM+0.0100%8h377.64−0.122%$1.4M$5.7M20xas long as short
ApeX Omni TSLAUSDT+0.0100%1h377.59−0.135%$4K$62K50xas long as short
Orderly PERP_TSLA_USDC+0.0100%8h377.74−0.095%$42K$24K20xas long as short
Aevo TSLA-PERP+0.0104%1h377.64−0.122%$74810xas long as short
Coinbase International TSLA-PERP-INTX+0.0120%1h377.83−0.071%$520K$408K10xas long as short
Lighter TSLA+0.0136%1h377.70−0.106%$823K$3.0M20xas long as short
Aster TSLAUSDT+0.0138%8h378.06−0.011%$576K$201K50xas long as short
Arcus TSLA-USD+0.0158%1h377.57−0.140%$132K$83K10xas long as short
Variational Omni TSLA+0.0168%8h377.89−0.055%$1.7M$1.6Mas long as short
Binance TSLAUSDT+0.0190%8h377.75−0.093%$47.6M$117.0M25xas long as short
Extended TSLA_24_5-USD+0.0192%1h377.59−0.136%$485K$3.2M10xas long as short
RISEx TSLA/USDC+0.0216%1h377.88−0.058%$236K$634K20xas long as short
BloFin TSLA-USDT+0.0218%8h377.98−0.032%$601K$384K20xas long as short
Injective TSLA/USDC PERP+0.0220%1h378.26+0.042%$73K$45K30xas long as short
Bullet TSLA-USD+0.0234%1h377.75−0.092%$7K$95K10xas long as short
Nado TSLA-PERP+0.0261%1h377.55−0.146%$500K$53K20xas long as short
GRVT TSLA_USDT_Perp+0.0397%8h378.19+0.024%$855K$2.9M10xas long as short
Phoenix TSLAlong+0.0444%1h378.10long leg$1.3M$549K20x