Funding you earn now, next payment 03:00 UTC+0.0112%/8h= +12.3% APRnext payment +$0.14 per $10,000 · paid last 24h +0.078%
Price spread now: Phoenix against Nado+0.073%7-day average +0.068% · 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−$49as in the Price arb table
costs, in and out, $10k−$490.493% of the position
Funding, last 3 days (all we have)+0.185%+$18 on $10k
+Price spread, last 4 days (all we have)+0.101%+$10 · spread now +0.073%, 7d avg +0.068%
=Together, before fees+0.285%+ Points / potential airdropNado: Active · farm board+$29 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.068%, 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 | Nado TSLA-PERP | 376.42 | 0.0142 | pay 0.0018% / 1h | 35m 18s | $489K | $112K | 20x |
| Short | Phoenix TSLA | 376.70 | 0.0255 | get 0.0032% / 1h | 35m 18s | $1.3M | $539K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix against Nado. 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
- $23.62
- Price spread: +0.073% → +0.068%
- $0.54
- Slippage, 4 orders
- −$35.32
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- −$25.16
- Costs to cover
- 0.493%
- Break-even
- 14.5 days
Slippage from Nado: live order book, 23 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 Nado live order book, 23 min ago | 4.78 bp | 12.3 bp −$12 | 22.4 bp −$224 | doesn't fit | doesn't fit |
| Sell Phoenix live order book, 3 min ago | 3.72 bp | 11.9 bp −$12 | 24.9 bp −$249 | 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 | −0.0390% | 4h | 376.49 | +0.018% | $398K | $1.0M | 10x | as long as short |
| Aster TSLAUSDT | 0.0000% | 8h | 376.63 | +0.055% | $577K | $196K | 50x | as long as short |
| Extended TSLA_24_5-USD | 0.0000% | 1h | 376.62 | +0.051% | $481K | $4.5M | 10x | as long as short |
| Binance TSLAUSDT | 0.0000% | 8h | 376.71 | +0.076% | $47.3M | $111.2M | 25x | as long as short |
| Bybit TSLAUSDT | 0.0000% | 8h | 376.77 | +0.092% | $10.3M | $15.4M | 100x | as long as short |
| OKX TSLA-USDT-SWAP | 0.0000% | 8h | 376.65 | +0.060% | $11.2M | $16.9M | 25x | as long as short |
| RISEx TSLA/USDC | 0.0000% | 1h | 376.68 | +0.069% | $290K | $587K | 20x | as long as short |
| Hotstuff TSLA-PERP | 0.0000% | 1h | 376.38 | −0.012% | $34K | — | 20x | as long as short |
| Bitget TSLAUSDT | 0.0000% | 8h | 376.62 | +0.052% | $17.0M | $23.1M | 100x | as long as short |
| Variational Omni TSLA | 0.0000% | 8h | 376.51 | +0.023% | $1.9M | $1.4M | — | 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 | 376.51 | +0.023% | $200K | $907K | 20x | as long as short |
| Deribit TSLA_USDC-PERPETUAL | 0.0000% | 1h | 376.54 | +0.031% | $20K | $188K | 10x | as long as short |
| Phemex TSLAUSDT | 0.0000% | 4h | 376.59 | +0.044% | $1.1M | $14K | 10x | as long as short |
| BloFin TSLA-USDT | +0.0017% | 8h | 376.61 | +0.049% | $576K | $353K | 20x | as long as short |
| Aftermath Perps TSLAUSD | +0.0017% | 1h | 376.50 | +0.019% | $38K | $42K | 10x | as long as short |
| Lighter TSLA | +0.0032% | 1h | 376.53 | +0.028% | $816K | $3.6M | 20x | as long as short |
| Lighter RH TSLA | +0.0032% | 1h | 376.52 | +0.025% | $1.2M | $2.5M | 20x | as long as short |
| QFEX TSLA-USD | +0.0038% | 1h | 376.60 | +0.047% | $1.3M | $6.5M | 10x | as long as short |
| Arcus TSLA-USD | +0.0040% | 1h | 376.39 | −0.009% | $140K | $96K | 10x | as long as short |
| Bullet TSLA-USD | +0.0042% | 1h | 376.66 | +0.062% | $5K | $92K | 10x | as long as short |
| Vest TSLA-USD-PERP | +0.0046% | 1h | 376.64 | +0.057% | — | $130K | 25x | as long as short |
| tradeXYZ xyz:TSLA | +0.0050% | 1h | 376.37 | −0.014% | $44.3M | $14.4M | 20x | as long as short |
| Polymarket Perps TSLA-USD | +0.0050% | 1h | 376.42 | −0.001% | $301K | $309K | 10x | as long as short |
| SoDEX TSLA-USD | +0.0050% | 1h | 376.59 | +0.044% | $4K | $3K | 10x | as long as short |
| Ondo Perps TSLA-USD.P | +0.0050% | 1h | 376.43 | +0.002% | $1.6M | $1.1M | 10x | as long as short |
| GRVT TSLA_USDT_Perp | +0.0052% | 8h | 376.56 | +0.037% | $844K | $2.8M | 10x | as long as short |
| Coinbase International TSLA-PERP-INTX | +0.0056% | 1h | 376.45 | +0.007% | $512K | $330K | 10x | as long as short |
| Gate TSLA_USDT | +0.0094% | 8h | 376.65 | +0.060% | $2.3M | $3.6M | 100x | as long as short |
| Pacifica TSLA | +0.0100% | 1h | 376.52 | +0.025% | $390K | $38K | 10x | as long as short |
| KuCoin TSLAUSDTM | +0.0100% | 8h | 376.55 | +0.033% | $1.5M | $105K | 20x | as long as short |
| ApeX Omni TSLAUSDT | +0.0100% | 1h | 376.38 | −0.012% | $4K | $61K | 50x | as long as short |
| Orderly PERP_TSLA_USDC | +0.0100% | 8h | 376.49 | +0.018% | $41K | $23K | 20x | as long as short |
| Aevo TSLA-PERP | +0.0104% | 1h | 376.56 | +0.035% | $746 | — | 10x | as long as short |
| Nado TSLA-PERPlong | +0.0142% | 1h | 376.42 | long leg | $489K | $112K | 20x | |
| Injective TSLA/USDC PERP | +0.0220% | 1h | 377.69 | +0.336% | $79K | $36K | 30x | as long as short |
| Phoenix TSLAshort | +0.0255% | 1h | 376.70 | +0.073% | $1.3M | $539K | 20x |
Phoenix TSLA
edgeX TSLAUSDC
Aster TSLAUSDT
Extended TSLA_24_5-USD
Binance TSLAUSDT
Bybit TSLAUSDT
OKX TSLA-USDT-SWAP
RISEx TSLA/USDC
Bitget TSLAUSDT
Variational Omni TSLA
StandX TSLA-USD
Deribit TSLA_USDC-PERPETUAL
Phemex TSLAUSDT
BloFin TSLA-USDT
Aftermath Perps TSLAUSD
Lighter TSLA
Lighter RH TSLA
Bullet TSLA-USD
tradeXYZ xyz:TSLA
Polymarket Perps TSLA-USD
SoDEX TSLA-USD
GRVT TSLA_USDT_Perp
Coinbase International TSLA-PERP-INTX
Gate TSLA_USDT
Pacifica TSLA
KuCoin TSLAUSDTM
ApeX Omni TSLAUSDT
Injective TSLA/USDC PERP