Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.014%

Price spread now: RISEx against Phemex−0.084%7-day average +0.018% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$90as in the Price arb table

costs, in and out, $10k−$800.802% of the position

Long on Phemex Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.023%+$2 on $10k

Price spread, last 4 days (all we have)+0.081%+$8 · spread now −0.084%, 7d avg +0.018%

Together, before fees+0.104%+$10 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: RISEx is 0.102% cheaper against Phemex than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of +0.018%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Phemex TSLAUSDT	376.28	0	get 0.0000% / 4h	3h 38m	$1.1M	$14K	10x
Short	RISEx TSLA/USDC	375.96	0	get 0.0000% / 1h	38m 58s	$289K	$580K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx against Phemex. 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 PhemexbpFee RISExbpOrdersPrice spread, now −0.084%Rate

Funding earned: $0
Price spread: −0.084% → +0.018%: −$10.15
Slippage, 4 orders: −$62.18
Fee Phemex: 6 bp × 2 orders: −$12
Fee RISEx: 3 bp × 2 orders: −$6
Net: −$90.33
Costs to cover: 0.802%
Break-even: never at this rate

Slippage from Phemex: live order book, 4 min ago; RISEx: live order book, 15 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, 4 min ago	1.73 bp	34.7 bp −$35	doesn't fit	doesn't fit	doesn't fit
Sell RISEx live order book, 15 min ago	1.46 bp	4.5 bp −$4	5.5 bp −$55	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	−0.0495%	4h	376.08	−0.054%	$398K	$1.0M	10x	as long as short
BloFin TSLA-USDT	−0.0023%	8h	375.96	−0.085%	$575K	$352K	20x	as long as short
Aster TSLAUSDT	0.0000%	8h	375.99	−0.077%	$576K	$195K	50x	as long as short
Extended TSLA_24_5-USD	0.0000%	1h	375.85	−0.113%	$480K	$2.7M	10x	as long as short
Binance TSLAUSDT	0.0000%	8h	375.96	−0.085%	$47.3M	$111.1M	25x	as long as short
Bybit TSLAUSDT	0.0000%	8h	376.01	−0.072%	$10.2M	$15.4M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	375.87	−0.109%	$11.2M	$16.8M	25x	as long as short
RISEx TSLA/USDCshort	0.0000%	1h	375.96	−0.084%	$289K	$580K	20x
Bitget TSLAUSDT	0.0000%	8h	375.88	−0.106%	$17.0M	$22.5M	100x	as long as short
Variational Omni TSLA	0.0000%	8h	376.02	−0.069%	$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	376.04	−0.064%	$200K	$897K	20x	as long as short
Phemex TSLAUSDTlong	0.0000%	4h	376.28	long leg	$1.1M	$14K	10x
Aftermath Perps TSLAUSD	+0.0021%	1h	375.88	−0.107%	$38K	$41K	10x	as long as short
Gate TSLA_USDT	+0.0030%	8h	375.97	−0.082%	$2.3M	$3.5M	100x	as long as short
Lighter TSLA	+0.0032%	1h	375.87	−0.109%	$818K	$3.6M	20x	as long as short
Lighter RH TSLA	+0.0032%	1h	375.91	−0.098%	$1.2M	$2.5M	20x	as long as short
Hotstuff TSLA-PERP	+0.0032%	1h	375.64	−0.170%	$34K	—	20x	as long as short
QFEX TSLA-USD	+0.0033%	1h	375.93	−0.093%	$1.2M	$6.4M	10x	as long as short
Arcus TSLA-USD	+0.0040%	1h	375.85	−0.114%	$133K	$106K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	375.87	−0.109%	—	$129K	25x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	375.65	−0.167%	$44.4M	$14.6M	20x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	375.76	−0.138%	$300K	$309K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	375.83	−0.120%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	375.67	−0.162%	$1.6M	$1.1M	10x	as long as short
GRVT TSLA_USDT_Perp	+0.0065%	8h	376.04	−0.063%	$854K	$2.8M	10x	as long as short
Deribit TSLA_USDC-PERPETUAL	+0.0069%	1h	375.88	−0.106%	$20K	$189K	10x	as long as short
Coinbase International TSLA-PERP-INTX	+0.0080%	1h	376.45	+0.045%	$512K	$330K	10x	as long as short
Bullet TSLA-USD	+0.0097%	1h	375.98	−0.080%	$5K	$90K	10x	as long as short
Pacifica TSLA	+0.0100%	1h	375.78	−0.132%	$390K	$38K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	375.77	−0.136%	$1.5M	$105K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	376.10	−0.048%	$4K	$62K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	375.71	−0.151%	$41K	$23K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	375.88	−0.105%	$744	—	10x	as long as short
Nado TSLA-PERP	+0.0212%	1h	375.81	−0.126%	$489K	$112K	20x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	380.00	+0.989%	$79K	$36K	30x	as long as short
Phoenix TSLA	+0.0276%	1h	376.25	−0.008%	$1.3M	$540K	20x	as long as short