Funding you earn now, next payment 05:00 UTC+0.0072%/8h= +7.9% APRnext payment +$0.09 per $10,000 · paid last 24h −0.030%
Price spread now: Coinbase International against Arcus+0.056%7-day average −0.030% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$27as in the Price arb table
costs, in and out, $10k−$360.357% of the position
Funding, last 4 days (all we have)−0.055%−$6 on $10k
+Price spread, last 4 days (all we have)−0.086%−$9 · spread now +0.056%, 7d avg −0.030%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Coinbase International is 0.086% dearer against Arcus than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of −0.030%. Mind the row above: over the last 4 days funding on this pair cost −0.055%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Arcus TSLA-USD | 375.92 | 0.0040 | pay 0.0005% / 1h | 52m 33s | $135K | $107K | 10x |
| Short | Coinbase International TSLA-PERP-INTX | 376.13 | 0.0112 | get 0.0014% / 1h | 52m 33s | $511K | $337K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Arcus. 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
- $15.06
- Price spread: +0.056% → −0.030%
- $8.56
- Slippage, 4 orders
- −$21.19
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$12.06
- Costs to cover
- 0.357%
- Break-even
- 12.6 days
Slippage from Arcus: live order book, 60 min ago; Coinbase International: live order book, 61 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 Arcus live order book, 60 min ago | 2.66 bp | 10.8 bp −$11 | 16.3 bp −$163 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 61 min ago | 2.26 bp | 8.0 bp −$8 | 10.7 bp −$107 | 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 | −0.0230% | 4h | 376.18 | +0.068% | $398K | $1.0M | 10x | as long as short |
| Aster TSLAUSDT | 0.0000% | 8h | 376.25 | +0.089% | $576K | $198K | 50x | as long as short |
| Extended TSLA_24_5-USD | 0.0000% | 1h | 376.11 | +0.052% | $480K | $2.7M | 10x | as long as short |
| Binance TSLAUSDT | 0.0000% | 8h | 376.23 | +0.082% | $47.0M | $112.5M | 25x | as long as short |
| Bybit TSLAUSDT | 0.0000% | 8h | 376.16 | +0.064% | $10.2M | $15.3M | 100x | as long as short |
| OKX TSLA-USDT-SWAP | 0.0000% | 8h | 376.15 | +0.061% | $11.2M | $16.9M | 25x | as long as short |
| Hotstuff TSLA-PERP | 0.0000% | 1h | 375.88 | −0.011% | $34K | — | 20x | as long as short |
| Bitget TSLAUSDT | 0.0000% | 8h | 376.18 | +0.069% | $17.1M | $22.7M | 100x | as long as short |
| Variational Omni TSLA | 0.0000% | 8h | 376.26 | +0.090% | $1.9M | $1.3M | — | as long as short |
| StandX TSLA-USD | 0.0000% | 1h | 376.23 | +0.082% | $200K | $917K | 20x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex TSLAUSDT | 0.0000% | 4h | 376.26 | +0.090% | $1.1M | $14K | 10x | as long as short |
| BloFin TSLA-USDT | +0.0015% | 8h | 376.22 | +0.080% | $577K | $353K | 20x | as long as short |
| Aftermath Perps TSLAUSD | +0.0021% | 1h | 376.02 | +0.025% | $38K | $40K | 10x | as long as short |
| Gate TSLA_USDT | +0.0022% | 8h | 376.25 | +0.088% | $2.3M | $3.5M | 100x | as long as short |
| Lighter RH TSLA | +0.0032% | 1h | 376.06 | +0.037% | $1.2M | $2.5M | 20x | as long as short |
| Arcus TSLA-USDlong | +0.0040% | 1h | 375.92 | long leg | $135K | $107K | 10x | |
| Vest TSLA-USD-PERP | +0.0046% | 1h | 376.06 | +0.037% | — | $128K | 25x | as long as short |
| tradeXYZ xyz:TSLA | +0.0050% | 1h | 375.80 | −0.032% | $44.5M | $14.7M | 20x | as long as short |
| Polymarket Perps TSLA-USD | +0.0050% | 1h | 376.09 | +0.045% | $300K | $309K | 10x | as long as short |
| SoDEX TSLA-USD | +0.0050% | 1h | 376.19 | +0.072% | $4K | $3K | 10x | as long as short |
| Ondo Perps TSLA-USD.P | +0.0050% | 1h | 375.82 | −0.027% | $1.6M | $1.1M | 10x | as long as short |
| QFEX TSLA-USD | +0.0052% | 1h | 376.12 | +0.053% | $1.3M | $6.2M | 10x | as long as short |
| RISEx TSLA/USDC | +0.0054% | 1h | 376.24 | +0.085% | $289K | $580K | 20x | as long as short |
| Pacifica TSLA | +0.0100% | 1h | 375.91 | −0.003% | $390K | $37K | 10x | as long as short |
| KuCoin TSLAUSDTM | +0.0100% | 8h | 375.96 | +0.011% | $1.5M | $105K | 20x | as long as short |
| ApeX Omni TSLAUSDT | +0.0100% | 1h | 375.97 | +0.013% | $4K | $62K | 50x | as long as short |
| Orderly PERP_TSLA_USDC | +0.0100% | 8h | 376.13 | +0.056% | $41K | $23K | 20x | as long as short |
| Aevo TSLA-PERP | +0.0104% | 1h | 376.17 | +0.067% | $745 | — | 10x | as long as short |
| Coinbase International TSLA-PERP-INTXshort | +0.0112% | 1h | 376.13 | +0.056% | $511K | $337K | 10x | |
| GRVT TSLA_USDT_Perp | +0.0129% | 8h | 376.29 | +0.099% | $848K | $2.8M | 10x | as long as short |
| Lighter TSLA | +0.0144% | 1h | 376.10 | +0.048% | $836K | $3.6M | 20x | as long as short |
| Bullet TSLA-USD | +0.0200% | 1h | 376.24 | +0.086% | $4K | $90K | 10x | as long as short |
| Injective TSLA/USDC PERP | +0.0220% | 1h | 377.17 | +0.333% | $78K | $36K | 30x | as long as short |
| Deribit TSLA_USDC-PERPETUAL | +0.0229% | 1h | 376.14 | +0.059% | $18K | $192K | 10x | as long as short |
| Nado TSLA-PERP | +0.0280% | 1h | 375.89 | −0.008% | $489K | $112K | 20x | as long as short |
| Phoenix TSLA | +0.0298% | 1h | 376.09 | +0.045% | $1.3M | $528K | 20x | as long as short |
Coinbase International TSLA-PERP-INTX
edgeX TSLAUSDC
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
BloFin TSLA-USDT
Aftermath Perps TSLAUSD
Gate TSLA_USDT
Lighter RH TSLA
tradeXYZ xyz:TSLA
Polymarket Perps TSLA-USD
SoDEX TSLA-USD
RISEx TSLA/USDC
Pacifica TSLA
KuCoin TSLAUSDTM
ApeX Omni TSLAUSDT
GRVT TSLA_USDT_Perp
Lighter TSLA
Bullet TSLA-USD
Injective TSLA/USDC PERP
Deribit TSLA_USDC-PERPETUAL
Phoenix TSLA