Funding you earn now, next payment 04:00 UTC−0.0040%/8h= −4.4% APRnext payment −$0.05 per $10,000 · paid last 24h −0.040%
Price spread now: Deribit against Arcus+0.096%7-day average +0.049% · 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−$29as in the Price arb table
costs, in and out, $10k−$340.336% of the position
Funding, last 4 days (all we have)+0.082%+$8 on $10k
+Price spread, last 4 days (all we have)−0.100%−$10 · spread now +0.096%, 7d avg +0.049%
=The price spread pays, funding is against you. Deribit is 0.047% dearer against Arcus than usual: you sell high and buy low (spread +0.096% now, against its 7-day average of +0.049%): +$5 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 3.9 days. Mind the row above: over the last 4 days funding on this pair paid +0.082%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Arcus TSLA-USD | 376.32 | 0.0040 | pay 0.0005% / 1h | 41m 30s | $162K | $96K | 10x |
| Short | Deribit TSLA_USDC-PERPETUAL | 376.68 | 0 | get 0.0000% / 1h | 41m 30s | $20K | $188K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- −$8.46
- Price spread: +0.096% → +0.049%
- $4.68
- Slippage, 4 orders
- −$22.12
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$37.39
- Costs to cover
- 0.336%
- Break-even
- never at this rate
Slippage from Arcus: live order book, 17 min ago; Deribit: live order book, 17 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, 17 min ago | 4.78 bp | 11.3 bp −$11 | 14.9 bp −$149 | doesn't fit | doesn't fit |
| Sell Deribit live order book, 17 min ago | 0.13 bp | 3.6 bp −$4 | 5.4 bp −$54 | 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 | −0.0268% | 4h | 376.63 | +0.083% | $398K | $1.0M | 10x | as long as short |
| BloFin TSLA-USDT | −0.0019% | 8h | 376.66 | +0.090% | $577K | $353K | 20x | as long as short |
| Aster TSLAUSDT | 0.0000% | 8h | 376.78 | +0.121% | $577K | $196K | 50x | as long as short |
| Extended TSLA_24_5-USD | 0.0000% | 1h | 376.60 | +0.075% | $480K | $4.7M | 10x | as long as short |
| Binance TSLAUSDT | 0.0000% | 8h | 376.69 | +0.098% | $47.3M | $111.1M | 25x | as long as short |
| Bybit TSLAUSDT | 0.0000% | 8h | 376.76 | +0.117% | $10.3M | $15.4M | 100x | as long as short |
| OKX TSLA-USDT-SWAP | 0.0000% | 8h | 376.63 | +0.082% | $11.2M | $16.9M | 25x | as long as short |
| RISEx TSLA/USDC | 0.0000% | 1h | 376.75 | +0.113% | $290K | $587K | 20x | as long as short |
| Bitget TSLAUSDT | 0.0000% | 8h | 376.63 | +0.082% | $17.0M | $23.1M | 100x | as long as short |
| Variational Omni TSLA | 0.0000% | 8h | 376.42 | +0.025% | $1.9M | $1.4M | — | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| StandX TSLA-USD | 0.0000% | 1h | 376.73 | +0.109% | $200K | $906K | 20x | as long as short |
| Deribit TSLA_USDC-PERPETUALshort | 0.0000% | 1h | 376.68 | +0.096% | $20K | $188K | 10x | |
| Phemex TSLAUSDT | 0.0000% | 4h | 376.69 | +0.098% | $1.1M | $14K | 10x | as long as short |
| Aftermath Perps TSLAUSD | +0.0018% | 1h | 376.41 | +0.024% | $38K | $42K | 10x | as long as short |
| Lighter TSLA | +0.0032% | 1h | 376.69 | +0.098% | $817K | $3.6M | 20x | as long as short |
| Lighter RH TSLA | +0.0032% | 1h | 376.67 | +0.093% | $1.2M | $2.5M | 20x | as long as short |
| QFEX TSLA-USD | +0.0038% | 1h | 376.65 | +0.088% | $1.2M | $6.5M | 10x | as long as short |
| Arcus TSLA-USDlong | +0.0040% | 1h | 376.32 | long leg | $162K | $96K | 10x | |
| Vest TSLA-USD-PERP | +0.0046% | 1h | 376.73 | +0.109% | — | $130K | 25x | as long as short |
| tradeXYZ xyz:TSLA | +0.0050% | 1h | 376.42 | +0.027% | $44.3M | $14.3M | 20x | as long as short |
| Polymarket Perps TSLA-USD | +0.0050% | 1h | 376.47 | +0.040% | $301K | $309K | 10x | as long as short |
| SoDEX TSLA-USD | +0.0050% | 1h | 376.62 | +0.080% | $4K | $3K | 10x | as long as short |
| Ondo Perps TSLA-USD.P | +0.0050% | 1h | 376.32 | 0.000% | $1.6M | $1.1M | 10x | as long as short |
| Coinbase International TSLA-PERP-INTX | +0.0056% | 1h | 377.04 | +0.191% | $513K | $331K | 10x | as long as short |
| Bullet TSLA-USD | +0.0061% | 1h | 376.72 | +0.105% | $5K | $92K | 10x | as long as short |
| GRVT TSLA_USDT_Perp | +0.0072% | 8h | 376.64 | +0.085% | $843K | $2.8M | 10x | as long as short |
| Pacifica TSLA | +0.0100% | 1h | 376.57 | +0.066% | $390K | $38K | 10x | as long as short |
| KuCoin TSLAUSDTM | +0.0100% | 8h | 376.67 | +0.093% | $1.5M | $105K | 20x | as long as short |
| ApeX Omni TSLAUSDT | +0.0100% | 1h | 376.44 | +0.032% | $4K | $62K | 50x | as long as short |
| Orderly PERP_TSLA_USDC | +0.0100% | 8h | 376.68 | +0.096% | $41K | $23K | 20x | as long as short |
| Gate TSLA_USDT | +0.0102% | 8h | 376.68 | +0.096% | $2.3M | $3.6M | 100x | as long as short |
| Hotstuff TSLA-PERP | +0.0104% | 1h | 376.42 | +0.027% | $34K | — | 20x | as long as short |
| Aevo TSLA-PERP | +0.0104% | 1h | 376.59 | +0.072% | $746 | — | 10x | as long as short |
| Nado TSLA-PERP | +0.0157% | 1h | 376.68 | +0.095% | $490K | $112K | 20x | as long as short |
| Injective TSLA/USDC PERP | +0.0220% | 1h | 377.69 | +0.364% | $79K | $36K | 30x | as long as short |
| Phoenix TSLA | +0.0255% | 1h | 376.45 | +0.035% | $1.3M | $539K | 20x | as long as short |
Deribit TSLA_USDC-PERPETUAL
edgeX TSLAUSDC
BloFin TSLA-USDT
Aster TSLAUSDT
Extended TSLA_24_5-USD
Binance TSLAUSDT
Bybit TSLAUSDT
OKX TSLA-USDT-SWAP
RISEx TSLA/USDC
Bitget TSLAUSDT
Variational Omni TSLA
StandX TSLA-USD
Phemex TSLAUSDT
Aftermath Perps TSLAUSD
Lighter TSLA
Lighter RH TSLA
tradeXYZ xyz:TSLA
Polymarket Perps TSLA-USD
SoDEX TSLA-USD
Coinbase International TSLA-PERP-INTX
Bullet TSLA-USD
GRVT TSLA_USDT_Perp
Pacifica TSLA
KuCoin TSLAUSDTM
ApeX Omni TSLAUSDT
Gate TSLA_USDT
Injective TSLA/USDC PERP
Phoenix TSLA