TSLA

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0358%/8h= +39.2% APRnext payment +$0.45 per $10,000 · paid last 24h +0.153%

Price spread now: Phoenix against Hotstuff+0.125%113s7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Hotstuff Short on Phoenix

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropHotstuff: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and Phoenix is 0.125% dearer against Hotstuff than usual: you sell high and buy low: +$13 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 113 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hotstuff TSLA-PERP	375.49	−0.0040	get 0.0005% / 1h	21m 38s	$34K	—	20x
Short	Phoenix TSLA	375.96	0.0318	get 0.0040% / 1h	21m 38s	$1.3M	$528K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phoenix against Hotstuff. 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 HotstuffbpFee PhoenixbpOrdersPrice spread, now +0.125%Rate

Funding earned: $75.27
Price spread: +0.125% → 0.000%: $12.52
Slippage, 4 orders: no order book: not counted
Fee Hotstuff: 2.5 bp × 2 orders: −$5
Fee Phoenix: 3.5 bp × 2 orders: −$7
Net: $75.79
Costs to cover: 0.120%
Break-even: from the start

Slippage unknown: Hotstuff: no order-book sample; Phoenix: live order book, 2 min ago. Net counts fees only.

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 Hotstuff no order-book sample	—	—	—	—	—
Sell Phoenix live order book, 2 min ago	2.66 bp	9.5 bp −$9	19.0 bp −$190	doesn't fit	doesn't fit

Hotstuff: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX TSLAUSDC	−0.0831%	4h	375.77	+0.074%	$397K	$1.0M	10x	as long as short
Hotstuff TSLA-PERPlong	−0.0040%	1h	375.49	long leg	$34K	—	20x
Aster TSLAUSDT	0.0000%	8h	375.90	+0.109%	$574K	$199K	50x	as long as short
Extended TSLA_24_5-USD	0.0000%	1h	375.76	+0.072%	$481K	$2.7M	10x	as long as short
Binance TSLAUSDT	0.0000%	8h	375.85	+0.096%	$47.1M	$113.5M	25x	as long as short
Bybit TSLAUSDT	0.0000%	8h	375.80	+0.083%	$10.2M	$15.4M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	375.78	+0.077%	$11.2M	$16.9M	25x	as long as short
Gate TSLA_USDT	0.0000%	8h	375.84	+0.093%	$2.3M	$3.5M	100x	as long as short
Bitget TSLAUSDT	0.0000%	8h	375.73	+0.064%	$17.1M	$22.8M	100x	as long as short
Variational Omni TSLA	0.0000%	8h	375.83	+0.090%	$1.9M	$1.3M	—	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
StandX TSLA-USD	0.0000%	1h	375.85	+0.096%	$199K	$918K	20x	as long as short
Phemex TSLAUSDT	0.0000%	4h	375.84	+0.093%	$1.1M	$14K	10x	as long as short
BloFin TSLA-USDT	+0.0005%	8h	375.83	+0.091%	$577K	$356K	20x	as long as short
Aftermath Perps TSLAUSD	+0.0028%	1h	375.67	+0.048%	$38K	$38K	10x	as long as short
Lighter RH TSLA	+0.0032%	1h	375.72	+0.061%	$1.3M	$2.5M	20x	as long as short
Arcus TSLA-USD	+0.0040%	1h	375.59	+0.027%	$135K	$108K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	375.66	+0.045%	—	$119K	25x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	375.53	+0.011%	$44.5M	$14.8M	20x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	375.69	+0.053%	$300K	$304K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	375.74	+0.067%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	375.40	−0.024%	$1.6M	$1.1M	10x	as long as short
QFEX TSLA-USD	+0.0052%	1h	375.78	+0.077%	$1.2M	$6.2M	10x	as long as short
Pacifica TSLA	+0.0100%	1h	375.66	+0.045%	$389K	$37K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	375.57	+0.021%	$1.4M	$107K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	375.47	−0.005%	$4K	$61K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	375.62	+0.035%	$41K	$23K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	375.77	+0.075%	$744	—	10x	as long as short
Coinbase International TSLA-PERP-INTX	+0.0136%	1h	375.69	+0.053%	$505K	$350K	10x	as long as short
RISEx TSLA/USDC	+0.0138%	1h	375.86	+0.099%	$214K	$639K	20x	as long as short
Lighter TSLA	+0.0184%	1h	375.76	+0.072%	$820K	$3.7M	20x	as long as short
GRVT TSLA_USDT_Perp	+0.0220%	8h	375.90	+0.108%	$846K	$2.8M	10x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	379.56	+1.084%	$79K	$36K	30x	as long as short
Bullet TSLA-USD	+0.0249%	1h	375.84	+0.092%	$5K	$91K	10x	as long as short
Nado TSLA-PERP	+0.0298%	1h	375.49	0.000%	$488K	$111K	20x	as long as short
Phoenix TSLAshort	+0.0318%	1h	375.96	+0.125%	$1.3M	$528K	20x
Deribit TSLA_USDC-PERPETUAL	+0.0442%	1h	375.72	+0.061%	$18K	$194K	10x	as long as short