Funding you earn now, next payment 12:00 UTC−0.0815%/8h= −89.2% APRnext payment −$4.07 per $10,000 · paid last 24h −0.194%
Price spread now: edgeX against Phemex−0.002%7-day average −0.005% · you buy dearer than you sell
Net, funding: paid 7d − costs−$81as in the Funding arb table
Net, price: spread back to 7d avg − costs−$76as in the Price arb table
costs, in and out, $10k−$760.761% of the position
Funding, last 7 days−0.050%−$5 on $10k
+Price spread, last 4 days (all we have)+0.077%+$8 · spread now −0.002%, 7d avg −0.005%
=Together, before fees+0.027%+ Points / potential airdropedgeX: Active · farm board+$3 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.005%, so right now this pair is about funding alone: −$24 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.050% in total (about -2.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$4.07 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex TSLAUSDT | 376.82 | 0 | get 0.0000% / 4h | 2h 55m | $1.1M | $14K | 10x |
| Short | edgeX TSLAUSDC | 376.81 | −0.0815 | pay 0.0407% / 4h | 2h 55m | $396K | $1.0M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Phemex. 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
- −$171.07
- Price spread: −0.002% → −0.005%
- $0.3
- Slippage, 4 orders
- −$55.13
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$246.91
- Costs to cover
- 0.761%
- Break-even
- never at this rate
Slippage from Phemex: live order book, 2 min ago; edgeX: live order book, 4 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 Phemex live order book, 2 min ago | 1.59 bp | 28.1 bp −$28 | doesn't fit | doesn't fit | doesn't fit |
| Sell edgeX live order book, 4 min ago | 4.51 bp | 9.2 bp −$9 | 12.3 bp −$123 | 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 TSLAUSDCshort | −0.0815% | 4h | 376.81 | −0.002% | $396K | $1.0M | 10x | |
| Bybit TSLAUSDT | 0.0000% | 8h | 376.51 | −0.082% | $10.1M | $15.0M | 100x | as long as short |
| OKX TSLA-USDT-SWAP | 0.0000% | 8h | 376.54 | −0.074% | $11.2M | $16.8M | 25x | as long as short |
| Gate TSLA_USDT | 0.0000% | 8h | 376.54 | −0.074% | $2.3M | $3.2M | 100x | as long as short |
| Bitget TSLAUSDT | 0.0000% | 8h | 376.36 | −0.122% | $17.2M | $23.7M | 100x | as long as short |
| Deribit TSLA_USDC-PERPETUAL | 0.0000% | 1h | 376.29 | −0.141% | $18K | $192K | 10x | as long as short |
| Phemex TSLAUSDTlong | 0.0000% | 4h | 376.82 | long leg | $1.1M | $14K | 10x | |
| StandX TSLA-USD | +0.0009% | 1h | 376.49 | −0.088% | $200K | $967K | 20x | as long as short |
| Aftermath Perps TSLAUSD | +0.0022% | 1h | 376.47 | −0.093% | $38K | $36K | 10x | as long as short |
| Lighter RH TSLA | +0.0032% | 1h | 376.46 | −0.096% | $1.2M | $2.5M | 20x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter TSLA | +0.0040% | 1h | 376.60 | −0.058% | $805K | $3.7M | 20x | as long as short |
| Arcus TSLA-USD | +0.0040% | 1h | 376.33 | −0.130% | $132K | $109K | 10x | as long as short |
| Vest TSLA-USD-PERP | +0.0046% | 1h | 376.59 | −0.061% | — | $126K | 25x | as long as short |
| tradeXYZ xyz:TSLA | +0.0050% | 1h | 376.23 | −0.157% | $44.7M | $14.9M | 20x | as long as short |
| Polymarket Perps TSLA-USD | +0.0050% | 1h | 376.32 | −0.133% | $300K | $158K | 10x | as long as short |
| SoDEX TSLA-USD | +0.0050% | 1h | 376.41 | −0.109% | $4K | $3K | 10x | as long as short |
| Ondo Perps TSLA-USD.P | +0.0050% | 1h | 376.19 | −0.167% | $1.6M | $1.1M | 10x | as long as short |
| QFEX TSLA-USD | +0.0053% | 1h | 376.57 | −0.066% | $1.3M | $6.2M | 10x | as long as short |
| Aster TSLAUSDT | +0.0079% | 8h | 376.79 | −0.007% | $575K | $189K | 50x | as long as short |
| Pacifica TSLA | +0.0100% | 1h | 376.44 | −0.100% | $390K | $36K | 10x | as long as short |
| KuCoin TSLAUSDTM | +0.0100% | 8h | 376.36 | −0.122% | $1.5M | $2.8M | 20x | as long as short |
| ApeX Omni TSLAUSDT | +0.0100% | 1h | 376.47 | −0.093% | $4K | $62K | 50x | as long as short |
| Orderly PERP_TSLA_USDC | +0.0100% | 8h | 376.33 | −0.130% | $41K | $24K | 20x | as long as short |
| Aevo TSLA-PERP | +0.0104% | 1h | 376.59 | −0.062% | $746 | — | 10x | as long as short |
| Variational Omni TSLA | +0.0112% | 8h | 376.75 | −0.018% | $1.7M | $1.5M | — | as long as short |
| Coinbase International TSLA-PERP-INTX | +0.0120% | 1h | 376.82 | 0.000% | $508K | $367K | 10x | as long as short |
| BloFin TSLA-USDT | +0.0121% | 8h | 376.88 | +0.016% | $580K | $366K | 20x | as long as short |
| Extended TSLA_24_5-USD | +0.0136% | 1h | 376.40 | −0.111% | $481K | $2.7M | 10x | as long as short |
| Binance TSLAUSDT | +0.0138% | 8h | 376.51 | −0.082% | $47.2M | $115.4M | 25x | as long as short |
| Hotstuff TSLA-PERP | +0.0152% | 1h | 376.50 | −0.085% | $34K | — | 20x | as long as short |
| Bullet TSLA-USD | +0.0172% | 1h | 376.52 | −0.079% | $6K | $93K | 10x | as long as short |
| RISEx TSLA/USDC | +0.0175% | 1h | 376.59 | −0.061% | $215K | $652K | 20x | as long as short |
| Injective TSLA/USDC PERP | +0.0220% | 1h | 379.42 | +0.690% | $79K | $37K | 30x | as long as short |
| Nado TSLA-PERP | +0.0242% | 1h | 376.30 | −0.137% | $499K | $111K | 20x | as long as short |
| Phoenix TSLA | +0.0404% | 1h | 377.00 | +0.048% | $1.3M | $502K | 20x | as long as short |
| GRVT TSLA_USDT_Perp | +0.0683% | 8h | 377.11 | +0.077% | $849K | $2.9M | 10x | as long as short |
Phemex TSLAUSDT
edgeX TSLAUSDC
Bybit TSLAUSDT
OKX TSLA-USDT-SWAP
Gate TSLA_USDT
Bitget TSLAUSDT
Deribit TSLA_USDC-PERPETUAL
StandX TSLA-USD
Aftermath Perps TSLAUSD
Lighter RH TSLA
Lighter TSLA
tradeXYZ xyz:TSLA
Polymarket Perps TSLA-USD
SoDEX TSLA-USD
Aster TSLAUSDT
Pacifica TSLA
KuCoin TSLAUSDTM
ApeX Omni TSLAUSDT
Variational Omni TSLA
Coinbase International TSLA-PERP-INTX
BloFin TSLA-USDT
Extended TSLA_24_5-USD
Binance TSLAUSDT
Bullet TSLA-USD
RISEx TSLA/USDC
Injective TSLA/USDC PERP
Phoenix TSLA
GRVT TSLA_USDT_Perp