Settings8H · net · $10k
Funding arb · Price arb /

TSLA

RWAall TSLA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0035%/8h= −3.8% APRnext payment $0.04 per $10,000 · paid last 24h −0.038%
Price spread now: Injective against Phoenix+0.201%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.211%−$21 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. Injective is 0.201% dearer against Phoenix than usual: you sell high and buy low (spread +0.201% now, against zero (this spread has no 7-day history yet)): +$20 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 19 days. At the pace of the last 7 days (−0.211% in total) that is about 6.7 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhoenix TSLA377.620.0255pay 0.0032% / 1h16m 23s$1.3M$539K20x
ShortInjective TSLA/USDC PERP378.380.0220get 0.0028% / 1h16m 23s$79K$36K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective against Phoenix. 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

Funding earned
−$7.27
Price spread: +0.201% → 0.000%
$20.13
Slippage, 4 orders
no order book: not counted
Fee Phoenix: 3.5 bp × 2 orders
−$7
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
$5.84
Costs to cover
0.070%
Break-even
from the start
Slippage unknown: Phoenix: live order book, 2 min ago; Injective: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Phoenix live order book, 2 min ago2.65 bp9.6 bp −$1019.0 bp −$190doesn't fitdoesn't fit
Sell Injective no order-book sample
Injective: 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 35 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX TSLAUSDC−0.0067%4h377.42−0.053%$399K$1.0M10xas long as short
Coinbase International TSLA-PERP-INTX−0.0016%1h377.33−0.077%$513K$328K10xas long as short
Aster TSLAUSDT0.0000%8h377.43−0.050%$578K$196K50xas long as short
Extended TSLA_24_5-USD0.0000%1h377.38−0.063%$481K$9.3M10xas long as short
Binance TSLAUSDT0.0000%8h377.47−0.040%$47.4M$110.6M25xas long as short
Bybit TSLAUSDT0.0000%8h377.57−0.013%$10.3M$15.6M100xas long as short
OKX TSLA-USDT-SWAP0.0000%8h377.40−0.058%$11.2M$16.8M25xas long as short
RISEx TSLA/USDC0.0000%1h377.54−0.021%$290K$599K20xas long as short
Variational Omni TSLA0.0000%8h377.47−0.041%$1.9M$1.3Mas long as short
StandX TSLA-USD0.0000%1h377.41−0.056%$200K$909K20xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bullet TSLA-USD0.0000%1h377.46−0.042%$5K$92K10xas long as short
Deribit TSLA_USDC-PERPETUAL0.0000%1h377.39−0.061%$20K$187K10xas long as short
Phemex TSLAUSDT0.0000%4h377.51−0.029%$1.1M$15K10xas long as short
GRVT TSLA_USDT_Perp+0.0002%8h377.59−0.008%$846K$2.8M10xas long as short
Bitget TSLAUSDT+0.0004%8h377.42−0.053%$17.0M$22.9M100xas long as short
Aftermath Perps TSLAUSD+0.0006%1h377.32−0.079%$38K$45K10xas long as short
QFEX TSLA-USD+0.0023%1h377.36−0.069%$1.2M$6.7M10xas long as short
Lighter TSLA+0.0032%1h377.46−0.042%$824K$3.6M20xas long as short
Lighter RH TSLA+0.0032%1h377.51−0.029%$1.2M$2.6M20xas long as short
Arcus TSLA-USD+0.0040%1h377.31−0.082%$163K$93K10xas long as short
Vest TSLA-USD-PERP+0.0046%1h377.53−0.024%$130K25xas long as short
Gate TSLA_USDT+0.0047%8h377.45−0.045%$2.3M$3.8M100xas long as short
tradeXYZ xyz:TSLA+0.0050%1h377.22−0.106%$44.4M$14.2M20xas long as short
Polymarket Perps TSLA-USD+0.0050%1h377.28−0.090%$301K$311K10xas long as short
SoDEX TSLA-USD+0.0050%1h377.40−0.058%$4K$3K10xas long as short
Ondo Perps TSLA-USD.P+0.0050%1h377.23−0.103%$1.5M$1.1M10xas long as short
Hotstuff TSLA-PERP+0.0096%1h377.23−0.103%$34K20xas long as short
Nado TSLA-PERP+0.0097%1h377.41−0.055%$491K$112K20xas long as short
Pacifica TSLA+0.0100%1h377.30−0.085%$391K$37K10xas long as short
KuCoin TSLAUSDTM+0.0100%8h377.24−0.101%$1.5M$105K20xas long as short
ApeX Omni TSLAUSDT+0.0100%1h377.43−0.050%$4K$61K50xas long as short
Orderly PERP_TSLA_USDC+0.0100%8h377.35−0.072%$41K$20K20xas long as short
Aevo TSLA-PERP+0.0104%1h377.39−0.060%$74710xas long as short
Injective TSLA/USDC PERPshort+0.0220%1h378.38+0.201%$79K$36K30x
Phoenix TSLAlong+0.0255%1h377.62long leg$1.3M$539K20x