Funding you earn now, next payment 04:00 UTC−0.0276%/8h= −30.2% APRnext payment −$0.35 per $10,000 · paid last 24h −0.085%
Price spread now: RISEx against Phoenix−0.004%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−$28as in the Price arb table
costs, in and out, $10k−$290.289% of the position
Funding, last 4 days (all we have)−0.160%−$16 on $10k
+Price spread, last 4 days (all we have)+0.064%+$6 · spread now −0.004%, 7d avg −0.018%
=The price spread sits at its 7-day average of −0.018%, so right now this pair is about funding alone: −$8 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix TSLA | 376.23 | 0.0276 | pay 0.0035% / 1h | 3m 12s | $1.3M | $540K | 20x |
| Short | RISEx TSLA/USDC | 376.21 | 0 | get 0.0000% / 1h | 3m 12s | $289K | $580K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
RISEx against Phoenix. 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
- −$57.98
- Price spread: −0.004% → −0.018%
- $1.33
- Slippage, 4 orders
- −$15.88
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee RISEx: 3 bp × 2 orders
- −$6
- Net
- −$85.54
- Costs to cover
- 0.289%
- Break-even
- never at this rate
Slippage from Phoenix: live order book, 5 min ago; RISEx: live order book, 50 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 Phoenix live order book, 5 min ago | 2.92 bp | 10.0 bp −$10 | 20.3 bp −$203 | doesn't fit | doesn't fit |
| Sell RISEx live order book, 50 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 | −0.0038% | 4h | 376.22 | −0.002% | $398K | $1.0M | 10x | as long as short |
| Hotstuff TSLA-PERP | −0.0032% | 1h | 375.84 | −0.104% | $34K | — | 20x | as long as short |
| BloFin TSLA-USDT | −0.0024% | 8h | 376.24 | +0.003% | $577K | $353K | 20x | as long as short |
| Aster TSLAUSDT | 0.0000% | 8h | 376.24 | +0.003% | $576K | $198K | 50x | as long as short |
| Extended TSLA_24_5-USD | 0.0000% | 1h | 376.07 | −0.042% | $480K | $2.7M | 10x | as long as short |
| Binance TSLAUSDT | 0.0000% | 8h | 376.18 | −0.013% | $47.0M | $112.5M | 25x | as long as short |
| Bybit TSLAUSDT | 0.0000% | 8h | 376.12 | −0.029% | $10.2M | $15.3M | 100x | as long as short |
| OKX TSLA-USDT-SWAP | 0.0000% | 8h | 376.12 | −0.029% | $11.2M | $16.9M | 25x | as long as short |
| RISEx TSLA/USDCshort | 0.0000% | 1h | 376.21 | −0.004% | $289K | $580K | 20x | |
| Bitget TSLAUSDT | 0.0000% | 8h | 376.13 | −0.027% | $17.1M | $22.6M | 100x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni TSLA | 0.0000% | 8h | 376.30 | +0.018% | $1.9M | $1.3M | — | as long as short |
| StandX TSLA-USD | 0.0000% | 1h | 376.20 | −0.008% | $200K | $909K | 20x | as long as short |
| Phemex TSLAUSDT | 0.0000% | 4h | 376.21 | −0.005% | $1.1M | $14K | 10x | as long as short |
| Aftermath Perps TSLAUSD | +0.0020% | 1h | 376.13 | −0.027% | $38K | $40K | 10x | as long as short |
| Gate TSLA_USDT | +0.0024% | 8h | 376.17 | −0.016% | $2.3M | $3.6M | 100x | as long as short |
| Lighter RH TSLA | +0.0032% | 1h | 376.08 | −0.040% | $1.2M | $2.5M | 20x | as long as short |
| QFEX TSLA-USD | +0.0033% | 1h | 376.16 | −0.019% | $1.2M | $6.2M | 10x | as long as short |
| Arcus TSLA-USD | +0.0040% | 1h | 375.95 | −0.074% | $133K | $106K | 10x | as long as short |
| Vest TSLA-USD-PERP | +0.0046% | 1h | 376.05 | −0.048% | — | $128K | 25x | as long as short |
| tradeXYZ xyz:TSLA | +0.0050% | 1h | 375.81 | −0.112% | $44.5M | $14.7M | 20x | as long as short |
| Polymarket Perps TSLA-USD | +0.0050% | 1h | 376.04 | −0.051% | $300K | $309K | 10x | as long as short |
| SoDEX TSLA-USD | +0.0050% | 1h | 376.06 | −0.045% | $4K | $3K | 10x | as long as short |
| Ondo Perps TSLA-USD.P | +0.0050% | 1h | 375.95 | −0.074% | $1.6M | $1.1M | 10x | as long as short |
| Lighter TSLA | +0.0080% | 1h | 376.12 | −0.029% | $838K | $3.7M | 20x | as long as short |
| Coinbase International TSLA-PERP-INTX | +0.0080% | 1h | 376.13 | −0.027% | $511K | $337K | 10x | as long as short |
| Pacifica TSLA | +0.0100% | 1h | 375.90 | −0.088% | $390K | $37K | 10x | as long as short |
| KuCoin TSLAUSDTM | +0.0100% | 8h | 375.97 | −0.069% | $1.5M | $105K | 20x | as long as short |
| ApeX Omni TSLAUSDT | +0.0100% | 1h | 375.99 | −0.064% | $4K | $62K | 50x | as long as short |
| Orderly PERP_TSLA_USDC | +0.0100% | 8h | 376.13 | −0.027% | $41K | $23K | 20x | as long as short |
| Aevo TSLA-PERP | +0.0104% | 1h | 376.13 | −0.027% | $745 | — | 10x | as long as short |
| GRVT TSLA_USDT_Perp | +0.0120% | 8h | 376.25 | +0.006% | $844K | $2.8M | 10x | as long as short |
| Bullet TSLA-USD | +0.0146% | 1h | 376.20 | −0.009% | $4K | $90K | 10x | as long as short |
| Injective TSLA/USDC PERP | +0.0220% | 1h | 380.08 | +1.023% | $79K | $36K | 30x | as long as short |
| Nado TSLA-PERP | +0.0233% | 1h | 375.91 | −0.086% | $489K | $112K | 20x | as long as short |
| Phoenix TSLAlong | +0.0276% | 1h | 376.23 | long leg | $1.3M | $540K | 20x | |
| Deribit TSLA_USDC-PERPETUAL | +0.0282% | 1h | 376.04 | −0.051% | $18K | $192K | 10x | as long as short |
Phoenix TSLA
RISEx TSLA/USDC
edgeX TSLAUSDC
BloFin TSLA-USDT
Aster TSLAUSDT
Extended TSLA_24_5-USD
Binance TSLAUSDT
Bybit TSLAUSDT
OKX TSLA-USDT-SWAP
Bitget TSLAUSDT
Variational Omni TSLA
StandX TSLA-USD
Phemex TSLAUSDT
Aftermath Perps TSLAUSD
Gate TSLA_USDT
Lighter RH TSLA
tradeXYZ xyz:TSLA
Polymarket Perps TSLA-USD
SoDEX TSLA-USD
Lighter TSLA
Coinbase International TSLA-PERP-INTX
Pacifica TSLA
KuCoin TSLAUSDTM
ApeX Omni TSLAUSDT
GRVT TSLA_USDT_Perp
Bullet TSLA-USD
Injective TSLA/USDC PERP
Deribit TSLA_USDC-PERPETUAL