Funding you earn now, next payment 01:00 UTC−0.0046%/8h= −5.0% APRpaid last 24h −0.014%
Price spread now: Phemex against Vest+0.013%45s7-day average +0.077% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.044%−$4 on $10k
+Price spread, last 3 days (all we have)+0.060%+$6 · spread now +0.013%, 7d avg +0.077%
=Together, before fees+0.016%+ Points / potential airdropVest: Active · farm board+$2 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Phemex is 0.064% cheaper against Vest than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.077%). Swap the legs. The two prices were read 45 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Vest TSLA-USD-PERP | 376.03 | 0.0046 | pay 0.0006% / 1h | 45m 28s | — | $133K | 25x |
| Short | Phemex TSLAUSDT | 376.08 | 0 | get 0.0000% / 4h | 3h 45m | $1.1M | $13K | 10x |
Vest TSLA-USD-PERP
Phemex TSLAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against Vest. 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
- −$9.59
- Price spread: +0.013% → +0.077%
- −$6.35
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$29.95
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: Vest: no order-book sample; Phemex: live order book, 2 min ago. Net counts fees only.
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 Vest no order-book sample | — | — | — | — | — |
| Sell Phemex live order book, 2 min ago | 2.39 bp | 32.8 bp −$33 | doesn't fit | doesn't fit | doesn't fit |
Vest: 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 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 | −0.0241% | 4h | 376.30 | +0.072% | $398K | $1.0M | 10x | as long as short |
| BloFin TSLA-USDT | −0.0026% | 8h | 376.32 | +0.077% | $570K | $340K | 20x | as long as short |
| Aster TSLAUSDT | 0.0000% | 8h | 375.97 | −0.015% | $585K | $191K | 50x | as long as short |
| Extended TSLA_24_5-USD | 0.0000% | 1h | 375.98 | −0.013% | $483K | $11.0M | 10x | as long as short |
| Binance TSLAUSDT | 0.0000% | 8h | 376.06 | +0.008% | $46.9M | $109.5M | 25x | as long as short |
| Bybit TSLAUSDT | 0.0000% | 8h | 376.07 | +0.011% | $10.2M | $15.4M | 100x | as long as short |
| OKX TSLA-USDT-SWAP | 0.0000% | 8h | 376.03 | 0.000% | $11.2M | $16.8M | 25x | as long as short |
| Gate TSLA_USDT | 0.0000% | 8h | 376.09 | +0.016% | $2.3M | $3.9M | 100x | as long as short |
| Bitget TSLAUSDT | 0.0000% | 8h | 375.97 | −0.016% | $16.8M | $22.6M | 100x | as long as short |
| Variational Omni TSLA | 0.0000% | 8h | 376.17 | +0.036% | $1.9M | $1.3M | — | as long as short |
edgeX TSLAUSDC
BloFin TSLA-USDT
Aster TSLAUSDT
Extended TSLA_24_5-USD
Binance TSLAUSDT
Bybit TSLAUSDT
OKX TSLA-USDT-SWAP
Gate TSLA_USDT
Bitget TSLAUSDT
Variational Omni TSLAShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| StandX TSLA-USD | 0.0000% | 1h | 376.22 | +0.051% | $200K | $894K | 20x | as long as short |
| Deribit TSLA_USDC-PERPETUAL | 0.0000% | 1h | 375.95 | −0.021% | $20K | $186K | 10x | as long as short |
| Phemex TSLAUSDTshort | 0.0000% | 4h | 376.08 | +0.013% | $1.1M | $13K | 10x | |
| Aftermath Perps TSLAUSD | +0.0009% | 1h | 376.14 | +0.028% | $38K | $47K | 10x | as long as short |
| QFEX TSLA-USD | +0.0028% | 1h | 375.95 | −0.021% | $1.2M | $7.2M | 10x | as long as short |
| Lighter TSLA | +0.0032% | 1h | 375.99 | −0.011% | $655K | $3.3M | 20x | as long as short |
| Lighter RH TSLA | +0.0032% | 1h | 376.05 | +0.005% | $1.2M | $2.5M | 20x | as long as short |
| Arcus TSLA-USD | +0.0040% | 1h | 376.06 | +0.008% | $165K | $91K | 10x | as long as short |
| Vest TSLA-USD-PERPlong | +0.0046% | 1h | 376.03 | long leg | — | $133K | 25x | |
| Coinbase International TSLA-PERP-INTX | +0.0048% | 1h | 375.11 | −0.245% | $529K | $312K | 10x | as long as short |
| tradeXYZ xyz:TSLA | +0.0050% | 1h | 375.81 | −0.059% | $44.2M | $14.3M | 20x | as long as short |
| Polymarket Perps TSLA-USD | +0.0050% | 1h | 375.88 | −0.040% | $298K | $308K | 10x | as long as short |
| SoDEX TSLA-USD | +0.0050% | 1h | 376.03 | 0.000% | $4K | $3K | 10x | as long as short |
| Ondo Perps TSLA-USD.P | +0.0050% | 1h | 375.85 | −0.048% | $1.6M | $1.0M | 10x | as long as short |
| RISEx TSLA/USDC | +0.0079% | 1h | 376.10 | +0.019% | $291K | $598K | 20x | as long as short |
| GRVT TSLA_USDT_Perp | +0.0086% | 8h | 376.35 | +0.085% | $855K | $2.8M | 10x | as long as short |
| Pacifica TSLA | +0.0100% | 1h | 375.88 | −0.040% | $389K | $38K | 10x | as long as short |
| KuCoin TSLAUSDTM | +0.0100% | 8h | 375.88 | −0.040% | $1.5M | $158K | 20x | as long as short |
| ApeX Omni TSLAUSDT | +0.0100% | 1h | 376.11 | +0.021% | $4K | $62K | 50x | as long as short |
| Orderly PERP_TSLA_USDC | +0.0100% | 8h | 376.15 | +0.032% | $41K | $21K | 20x | as long as short |
| Aevo TSLA-PERP | +0.0104% | 1h | 376.07 | +0.011% | $745 | — | 10x | as long as short |
| Nado TSLA-PERP | +0.0138% | 1h | 375.99 | −0.011% | $489K | $112K | 20x | as long as short |
| Injective TSLA/USDC PERP | +0.0220% | 1h | 377.10 | +0.285% | $78K | $36K | 30x | as long as short |
| Bullet TSLA-USD | +0.0228% | 1h | 376.16 | +0.035% | $5K | $92K | 10x | as long as short |
| Phoenix TSLA | +0.0277% | 1h | 376.25 | +0.059% | $1.3M | $547K | 20x | as long as short |
| Hotstuff TSLA-PERP | +0.0320% | 1h | 375.88 | −0.040% | $34K | — | 20x | as long as short |
StandX TSLA-USD
Deribit TSLA_USDC-PERPETUAL
Aftermath Perps TSLAUSD
QFEX TSLA-USD
Lighter TSLA
Lighter RH TSLA
Arcus TSLA-USD
Coinbase International TSLA-PERP-INTX
tradeXYZ xyz:TSLA
Polymarket Perps TSLA-USD
SoDEX TSLA-USD
Ondo Perps TSLA-USD.P
RISEx TSLA/USDC
GRVT TSLA_USDT_Perp
Pacifica TSLA
KuCoin TSLAUSDTM
ApeX Omni TSLAUSDT
Orderly PERP_TSLA_USDC
Aevo TSLA-PERP
Nado TSLA-PERP
Injective TSLA/USDC PERP
Bullet TSLA-USD
Phoenix TSLA
Hotstuff TSLA-PERP