After costs, if the gap returns to its 7d average, $10k−$10
spread now+0.037%7d average−0.081%fees + slippage, in and out−$22spread needed0.222%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix TSLA | 374.73 | 0.0342 | pay 0.0043% / 1h | 47m 39s | $1.1M | $182K | 20x |
| Short | Lighter TSLA | 374.87 | 0.0160 | get 0.0020% / 1h | 47m 39s | $1.1M | $3.8M | 20x |
Phoenix TSLA
Lighter TSLAPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $3.74
- Funding while held
- −$5.47
- Slippage, 4 orders
- −$15.18
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$23.92
- Spread needed to break even
- 0.222%
Slippage from Phoenix: live order book, 2 min ago; Lighter: live order book, 6 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0182%
- Per $10,000 a day
- −$5.47
- Average in range /8h
- —
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 Phoenix live order book, 2 min ago | 2.93 bp | 10.2 bp −$10 | 21.1 bp −$211 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 6 min ago | 0.80 bp | 0.9 bp −$1 | 1.7 bp −$17 | 46.5 bp −$4,646 | doesn't fit |
TSLA price on every exchange
against the cheapest. Click to use as the short leg.Coinbase International373.56cheapestAftermath Perps374.30+0.199%Nado374.37+0.216%Polymarket Perps374.43+0.233%ApeX Omni374.48+0.246%Hotstuff374.50+0.252%KuCoin374.51+0.254%tradeXYZ374.57+0.270%Ondo Perps374.57+0.270%Aster374.59+0.274%Deribit374.59+0.276%Variational Omni374.60+0.280%StandX374.62+0.284%Phemex374.63+0.286%Vest374.64+0.289%SoDEX374.64+0.289%Aevo374.65+0.291%Bitget374.66+0.294%Bullet374.66+0.295%BloFin374.71+0.308%Arcus374.72+0.311%
Coinbase International
Nado
Polymarket Perps
ApeX Omni
Hotstuff
KuCoin
tradeXYZ
Ondo Perps
Aster
Deribit
Variational Omni
StandX
Phemex
Vest
SoDEX
Aevo
Bitget
Bullet
BloFin
ArcusPhoenix374.73+0.313%
edgeX374.74+0.316%Pacifica374.74+0.317%Extended374.75+0.318%OKX374.75+0.319%QFEX374.76+0.321%RISEx374.77+0.324%Gate374.77+0.324%Binance374.78+0.327%Orderly374.78+0.327%Lighter RH374.82+0.337%
Pacifica
Extended
OKX
QFEX
RISEx
Gate
Binance
Orderly
Lighter RHLighter374.87+0.351%
Bybit374.90+0.359%Injective375.50+0.519%
Bybit
InjectiveTSLA on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Coinbase International TSLA-PERP-INTX | −0.312% | +0.0096% | 1h | $538K | $263K | 10x | as long as short |
| Aftermath Perps TSLAUSD | −0.114% | +0.0113% | 1h | $38K | $53K | 10x | as long as short |
| Nado TSLA-PERP | −0.096% | +0.0033% | 1h | $484K | $87K | 20x | as long as short |
| Polymarket Perps TSLA-USD | −0.080% | +0.0050% | 1h | $296K | $282K | 10x | as long as short |
| ApeX Omni TSLAUSDT | −0.067% | +0.0100% | 1h | $1K | $59K | 50x | as long as short |
| Hotstuff TSLA-PERP | −0.061% | +0.0048% | 1h | $34K | — | 20x | as long as short |
| KuCoin TSLAUSDTM | −0.059% | +0.0100% | 8h | $1.4M | $147K | 20x | as long as short |
| tradeXYZ xyz:TSLA | −0.043% | +0.0050% | 1h | $43.5M | $13.6M | 20x | as long as short |
| Ondo Perps TSLA-USD.P | −0.043% | +0.0050% | 1h | $1.6M | $881K | 10x | as long as short |
| Aster TSLAUSDT | −0.039% | 0.0000% | 8h | $593K | $177K | 50x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Deribit TSLA_USDC-PERPETUAL | −0.037% | 0.0000% | 1h | $20K | $183K | 10x | as long as short |
| Variational Omni TSLA | −0.034% | 0.0000% | 8h | $1.6M | $1.1M | — | as long as short |
| StandX TSLA-USD | −0.029% | 0.0000% | 1h | $199K | $743K | 20x | as long as short |
| Phemex TSLAUSDT | −0.027% | 0.0000% | 4h | $1.1M | $13K | 10x | as long as short |
| Vest TSLA-USD-PERP | −0.024% | +0.0046% | 1h | — | $133K | 25x | as long as short |
| SoDEX TSLA-USD | −0.024% | +0.0050% | 1h | $4K | $3K | 10x | as long as short |
| Aevo TSLA-PERP | −0.022% | +0.0104% | 1h | $742 | — | 10x | as long as short |
| Bitget TSLAUSDT | −0.019% | 0.0000% | 8h | $17.1M | $20.4M | 100x | as long as short |
| Bullet TSLA-USD | −0.019% | 0.0000% | 1h | $5K | $90K | 10x | as long as short |
| BloFin TSLA-USDT | −0.005% | +0.0019% | 8h | $588K | $313K | 20x | as long as short |
| Arcus TSLA-USD | −0.003% | +0.0332% | 1h | $154K | $81K | 10x | as long as short |
| Phoenix TSLAlong | 0.000% | +0.0342% | 1h | $1.1M | $182K | 20x | |
| edgeX TSLAUSDC | +0.003% | −0.0895% | 4h | $396K | $965K | 10x | as long as short |
| Pacifica TSLA | +0.003% | +0.0100% | 1h | $388K | $27K | 10x | as long as short |
| Extended TSLA_24_5-USD | +0.005% | 0.0000% | 1h | $445K | $10.6M | 10x | as long as short |
| OKX TSLA-USDT-SWAP | +0.005% | 0.0000% | 8h | $11.4M | $15.7M | 25x | as long as short |
| QFEX TSLA-USD | +0.008% | +0.0034% | 1h | $1.2M | $6.1M | 10x | as long as short |
| RISEx TSLA/USDC | +0.010% | 0.0000% | 1h | $137K | $405K | 20x | as long as short |
| Gate TSLA_USDT | +0.011% | 0.0000% | 8h | $2.3M | $4.0M | 100x | as long as short |
| Binance TSLAUSDT | +0.013% | 0.0000% | 8h | $47.1M | $100.3M | 25x | as long as short |
| Orderly PERP_TSLA_USDC | +0.013% | +0.0100% | 8h | $41K | $19K | 20x | as long as short |
| Lighter RH TSLA | +0.024% | +0.0032% | 1h | $1.3M | $2.3M | 20x | as long as short |
| Lighter TSLAshort | +0.037% | +0.0160% | 1h | $1.1M | $3.8M | 20x | |
| Bybit TSLAUSDT | +0.045% | 0.0000% | 8h | $9.8M | $14.8M | 100x | as long as short |
| Injective TSLA/USDC PERP | +0.205% | +0.0220% | 1h | $78K | $65K | 30x | as long as short |