After costs, if the gap returns to its 7d average, $10k+$20
spread now+0.500%7d average−0.080%fees + slippage, in and out−$38spread needed0.382%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix TSLA | 371.85 | 0.0389 | pay 0.0049% / 1h | 28m 48s | $1.1M | $122K | 20x |
| Short | Lighter RH TSLA | 373.71 | 0.0032 | get 0.0004% / 1h | 28m 48s | $1.4M | $1.7M | 20x |
Price 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
- $50.02
- Funding while held
- −$10.72
- Slippage, 4 orders
- −$31.25
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- $1.05
- Spread needed to break even
- 0.382%
Slippage from Phoenix: live order book, 1 min ago; Lighter RH: live order book, 6 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0357%
- Per $10,000 a day
- −$10.72
- 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, 1 min ago | 5.91 bp | 16.8 bp −$17 | 37.6 bp −$376 | doesn't fit | doesn't fit |
| Sell Lighter RH live order book, 6 min ago | 2.02 bp | 2.5 bp −$2 | 4.4 bp −$44 | 46.4 bp −$4,644 | doesn't fit |
TSLA price on every exchange
against the cheapest. Click to use as the short leg.TSLA on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Aftermath Perps TSLAUSD | −0.098% | +0.0029% | 1h | $38K | $52K | 10x | as long as short |
| Hotstuff TSLA-PERP | −0.078% | −0.1600% | 1h | $34K | — | 20x | as long as short |
| ApeX Omni TSLAUSDT | −0.046% | +0.0100% | 1h | $981 | $58K | 50x | as long as short |
| StandX TSLA-USD | −0.016% | 0.0000% | 1h | $203K | $447K | 20x | as long as short |
| Phoenix TSLAlong | 0.000% | +0.0389% | 1h | $1.1M | $122K | 20x | |
| QFEX TSLA-USD | +0.013% | +0.0038% | 1h | $1.2M | $3.1M | 10x | as long as short |
| edgeX TSLAUSDC | +0.014% | −0.0179% | 4h | $379K | $305K | 10x | as long as short |
| Pacifica TSLA | +0.027% | +0.0100% | 1h | $385K | $14K | 10x | as long as short |
| Coinbase International TSLA-PERP-INTX | +0.027% | +0.0120% | 1h | $530K | $81K | 10x | as long as short |
| KuCoin TSLAUSDTM | +0.030% | +0.0100% | 8h | $1.5M | $75K | 20x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Nado TSLA-PERP | +0.042% | +0.0085% | 1h | $471K | $77K | 20x | as long as short |
| Polymarket Perps TSLA-USD | +0.110% | +0.0050% | 1h | $286K | $216K | 10x | as long as short |
| Arcus TSLA-USD | +0.132% | +0.0310% | 1h | $163K | $45K | 10x | as long as short |
| Variational Omni TSLA | +0.132% | +0.0145% | 8h | $1.7M | $982K | — | as long as short |
| Vest TSLA-USD-PERP | +0.199% | +0.0046% | 1h | — | $30K | 25x | as long as short |
| Ondo Perps TSLA-USD.P | +0.221% | +0.0050% | 1h | $1.5M | $355K | 10x | as long as short |
| RISEx TSLA/USDC | +0.297% | 0.0000% | 1h | $297K | $270K | 20x | as long as short |
| Injective TSLA/USDC PERP | +0.331% | +0.0220% | 1h | $70K | $100K | 30x | as long as short |
| Orderly PERP_TSLA_USDC | +0.371% | +0.0100% | 8h | $40K | $19K | 20x | as long as short |
| Aevo TSLA-PERP | +0.399% | +0.0104% | 1h | $739 | — | 10x | as long as short |
| SoDEX TSLA-USD | +0.403% | +0.0167% | 1h | $4K | $3K | 10x | as long as short |
| Bullet TSLA-USD | +0.417% | +0.0219% | 1h | $5K | $89K | 10x | as long as short |
| Deribit TSLA_USDC-PERPETUAL | +0.463% | +0.0607% | 1h | $35K | $37K | 10x | as long as short |
| Phemex TSLAUSDT | +0.481% | 0.0000% | 4h | $1.1M | $10K | 10x | as long as short |
| Lighter RH TSLAshort | +0.500% | +0.0032% | 1h | $1.4M | $1.7M | 20x | |
| tradeXYZ xyz:TSLA | +0.532% | +0.0077% | 1h | $44.4M | $7.7M | 20x | as long as short |
| Lighter TSLA | +0.549% | +0.0344% | 1h | $1.1M | $3.0M | 20x | as long as short |
| BloFin TSLA-USDT | +0.608% | +0.0184% | 8h | $625K | $133K | 20x | as long as short |
| Gate TSLA_USDT | +0.627% | 0.0000% | 8h | $2.4M | $2.8M | 100x | as long as short |
| Aster TSLAUSDT | +0.691% | +0.0127% | 8h | $602K | $28K | 50x | as long as short |
| Extended TSLA_24_5-USD | +0.748% | +0.0160% | 1h | $447K | $10.5M | 10x | as long as short |
| Bitget TSLAUSDT | +0.804% | +0.0103% | 8h | $18.8M | $6.8M | 100x | as long as short |
| Binance TSLAUSDT | +0.828% | +0.0161% | 8h | $49.7M | $25.2M | 25x | as long as short |
| Bybit TSLAUSDT | +0.850% | +0.0042% | 8h | $9.7M | $6.4M | 100x | as long as short |
| OKX TSLA-USDT-SWAP | +0.887% | +0.0228% | 8h | $11.9M | $6.7M | 25x | as long as short |
Phoenix TSLA
Lighter RH TSLA
ApeX Omni
StandX
Pacifica
Coinbase International
KuCoin
Polymarket Perps
Variational Omni
RISEx
Injective
SoDEX
Bullet
Deribit
Phemex
tradeXYZ
Lighter
BloFin
Gate
Aster
Extended
Bitget
Binance
Bybit
OKX