Funding you earn now, next payment 08:00 UTC+0.0113%/8h= +12.4% APRnext payment +$0.14 per $10,000 · paid last 24h +0.081%
Price spread now: Phoenix against RISEx+0.032%7-day average +0.016% · 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−$29as in the Price arb table
costs, in and out, $10k−$300.304% of the position
Funding, last 4 days (all we have)+0.171%+$17 on $10k
+Price spread, last 4 days (all we have)+1.040%+$104 · spread now +0.032%, 7d avg +0.016%
=The price spread sits at its 7-day average of +0.016%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | RISEx TSLA/USDC | 375.54 | 0.0290 | pay 0.0036% / 1h | 34m 52s | $214K | $654K | 20x |
| Short | Phoenix TSLA | 375.66 | 0.0404 | get 0.0050% / 1h | 34m 52s | $1.3M | $507K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix against RISEx. 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
- $23.79
- Price spread: +0.032% → +0.016%
- $1.63
- Slippage, 4 orders
- −$17.39
- Fee RISEx: 3 bp × 2 orders
- −$6
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- −$4.97
- Costs to cover
- 0.304%
- Break-even
- 8.5 days
Slippage from RISEx: live order book, 64 min ago; Phoenix: live order book, 3 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 RISEx live order book, 64 min ago | 1.86 bp | 4.9 bp −$5 | 5.2 bp −$52 | doesn't fit | doesn't fit |
| Sell Phoenix live order book, 3 min ago | 2.93 bp | 10.3 bp −$10 | 21.3 bp −$213 | 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 | −0.0761% | 4h | 375.83 | +0.078% | $397K | $1.0M | 10x | as long as short |
| Bybit TSLAUSDT | 0.0000% | 8h | 375.37 | −0.045% | $10.1M | $15.3M | 100x | as long as short |
| OKX TSLA-USDT-SWAP | 0.0000% | 8h | 375.40 | −0.037% | $11.2M | $16.7M | 25x | as long as short |
| Gate TSLA_USDT | 0.0000% | 8h | 375.40 | −0.037% | $2.3M | $3.3M | 100x | as long as short |
| Bitget TSLAUSDT | 0.0000% | 8h | 375.33 | −0.056% | $17.2M | $23.0M | 100x | as long as short |
| StandX TSLA-USD | 0.0000% | 1h | 375.43 | −0.029% | $199K | $934K | 20x | as long as short |
| Deribit TSLA_USDC-PERPETUAL | 0.0000% | 1h | 375.30 | −0.064% | $18K | $191K | 10x | as long as short |
| Phemex TSLAUSDT | 0.0000% | 4h | 375.42 | −0.032% | $1.1M | $14K | 10x | as long as short |
| Aster TSLAUSDT | +0.0007% | 8h | 375.61 | +0.019% | $573K | $200K | 50x | as long as short |
| Aftermath Perps TSLAUSD | +0.0029% | 1h | 375.55 | +0.003% | $38K | $36K | 10x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter TSLA | +0.0032% | 1h | 375.34 | −0.053% | $803K | $3.7M | 20x | as long as short |
| Lighter RH TSLA | +0.0032% | 1h | 375.35 | −0.051% | $1.2M | $2.5M | 20x | as long as short |
| Arcus TSLA-USD | +0.0040% | 1h | 375.25 | −0.077% | $134K | $107K | 10x | as long as short |
| Variational Omni TSLA | +0.0042% | 8h | 375.42 | −0.031% | $1.8M | $1.3M | — | as long as short |
| Vest TSLA-USD-PERP | +0.0046% | 1h | 375.45 | −0.024% | — | $126K | 25x | as long as short |
| QFEX TSLA-USD | +0.0048% | 1h | 375.45 | −0.024% | $1.2M | $6.2M | 10x | as long as short |
| tradeXYZ xyz:TSLA | +0.0050% | 1h | 375.19 | −0.093% | $44.5M | $14.7M | 20x | as long as short |
| Polymarket Perps TSLA-USD | +0.0050% | 1h | 375.19 | −0.093% | $300K | $161K | 10x | as long as short |
| SoDEX TSLA-USD | +0.0050% | 1h | 375.30 | −0.064% | $4K | $3K | 10x | as long as short |
| Ondo Perps TSLA-USD.P | +0.0050% | 1h | 375.45 | −0.024% | $1.6M | $1.1M | 10x | as long as short |
| Bullet TSLA-USD | +0.0064% | 1h | 375.48 | −0.017% | $5K | $92K | 10x | as long as short |
| Binance TSLAUSDT | +0.0068% | 8h | 375.43 | −0.029% | $47.1M | $114.6M | 25x | as long as short |
| Extended TSLA_24_5-USD | +0.0072% | 1h | 375.35 | −0.049% | $481K | $2.7M | 10x | as long as short |
| BloFin TSLA-USDT | +0.0091% | 8h | 375.48 | −0.016% | $580K | $358K | 20x | as long as short |
| GRVT TSLA_USDT_Perp | +0.0099% | 8h | 375.91 | +0.098% | $850K | $2.9M | 10x | as long as short |
| Pacifica TSLA | +0.0100% | 1h | 375.21 | −0.089% | $388K | $36K | 10x | as long as short |
| KuCoin TSLAUSDTM | +0.0100% | 8h | 375.43 | −0.029% | $1.5M | $2.3M | 20x | as long as short |
| ApeX Omni TSLAUSDT | +0.0100% | 1h | 375.45 | −0.024% | $4K | $62K | 50x | as long as short |
| Orderly PERP_TSLA_USDC | +0.0100% | 8h | 375.31 | −0.061% | $41K | $23K | 20x | as long as short |
| Aevo TSLA-PERP | +0.0104% | 1h | 375.36 | −0.047% | $743 | — | 10x | as long as short |
| Hotstuff TSLA-PERP | +0.0120% | 1h | 375.34 | −0.053% | $34K | — | 20x | as long as short |
| Nado TSLA-PERP | +0.0158% | 1h | 375.30 | −0.064% | $497K | $116K | 20x | as long as short |
| Coinbase International TSLA-PERP-INTX | +0.0160% | 1h | 375.49 | −0.013% | $506K | $352K | 10x | as long as short |
| Injective TSLA/USDC PERP | +0.0220% | 1h | 379.64 | +1.092% | $79K | $37K | 30x | as long as short |
| RISEx TSLA/USDClong | +0.0290% | 1h | 375.54 | long leg | $214K | $654K | 20x | |
| Phoenix TSLAshort | +0.0404% | 1h | 375.66 | +0.032% | $1.3M | $507K | 20x |
RISEx TSLA/USDC
Phoenix TSLA
edgeX TSLAUSDC
Bybit TSLAUSDT
OKX TSLA-USDT-SWAP
Gate TSLA_USDT
Bitget TSLAUSDT
StandX TSLA-USD
Deribit TSLA_USDC-PERPETUAL
Phemex TSLAUSDT
Aster TSLAUSDT
Aftermath Perps TSLAUSD
Lighter TSLA
Lighter RH TSLA
Variational Omni TSLA
tradeXYZ xyz:TSLA
Polymarket Perps TSLA-USD
SoDEX TSLA-USD
Bullet TSLA-USD
Binance TSLAUSDT
Extended TSLA_24_5-USD
BloFin TSLA-USDT
GRVT TSLA_USDT_Perp
Pacifica TSLA
KuCoin TSLAUSDTM
ApeX Omni TSLAUSDT
Coinbase International TSLA-PERP-INTX
Injective TSLA/USDC PERP