Funding you earn now, next payment 23:00 UTC−0.0040%/8h= −4.4% APRnext payment −$0.05 per $10,000 · paid last 24h −0.037%
Price spread now: RISEx against Arcus+0.060%7-day average +0.090% · 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−$25as in the Price arb table
costs, in and out, $10k−$220.219% of the position
Funding, last 3 days (all we have)−0.084%−$8 on $10k
+Price spread, last 4 days (all we have)+0.023%+$2 · spread now +0.060%, 7d avg +0.090%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and RISEx is 0.030% cheaper against Arcus than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.090%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Arcus TSLA-USD | 375.18 | 0.0040 | pay 0.0005% / 1h | 48m 15s | $153K | $84K | 10x |
| Short | RISEx TSLA/USDC | 375.40 | 0 | get 0.0000% / 1h | 48m 15s | $175K | $529K | 20x |
Arcus TSLA-USD
RISEx TSLA/USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
RISEx 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: +0.060% → +0.090%
- −$3.02
- Slippage, 4 orders
- −$11.45
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee RISEx: 3 bp × 2 orders
- −$6
- Net
- −$33.42
- Costs to cover
- 0.219%
- Break-even
- never at this rate
Slippage from Arcus: live order book, 35 min ago; RISEx: live order book, 35 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, 35 min ago | 3.73 bp | 8.1 bp −$8 | 9.6 bp −$96 | doesn't fit | doesn't fit |
| Sell RISEx live order book, 35 min ago | 0.93 bp | 3.9 bp −$4 | 7.4 bp −$74 | 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 | −0.0154% | 4h | 375.26 | +0.022% | $397K | $1.0M | 10x | as long as short |
| BloFin TSLA-USDT | −0.0005% | 8h | 375.29 | +0.029% | $570K | $341K | 20x | as long as short |
| Aster TSLAUSDT | 0.0000% | 8h | 375.11 | −0.019% | $584K | $192K | 50x | as long as short |
| Extended TSLA_24_5-USD | 0.0000% | 1h | 375.12 | −0.015% | $477K | $10.6M | 10x | as long as short |
| Binance TSLAUSDT | 0.0000% | 8h | 375.22 | +0.011% | $46.9M | $110.0M | 25x | as long as short |
| Bybit TSLAUSDT | 0.0000% | 8h | 375.38 | +0.053% | $10.2M | $15.4M | 100x | as long as short |
| OKX TSLA-USDT-SWAP | 0.0000% | 8h | 375.17 | −0.003% | $11.2M | $16.8M | 25x | as long as short |
| RISEx TSLA/USDCshort | 0.0000% | 1h | 375.40 | +0.060% | $175K | $529K | 20x | |
| Gate TSLA_USDT | 0.0000% | 8h | 375.24 | +0.016% | $2.3M | $4.1M | 100x | as long as short |
| Bitget TSLAUSDT | 0.0000% | 8h | 375.18 | 0.000% | $16.6M | $22.5M | 100x | 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 TSLAUSDTShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni TSLA | 0.0000% | 8h | 375.27 | +0.025% | $1.8M | $1.1M | — | as long as short |
| StandX TSLA-USD | 0.0000% | 1h | 375.36 | +0.048% | $199K | $900K | 20x | as long as short |
| Deribit TSLA_USDC-PERPETUAL | 0.0000% | 1h | 375.05 | −0.035% | $20K | $186K | 10x | as long as short |
| Phemex TSLAUSDT | 0.0000% | 4h | 375.25 | +0.019% | $1.1M | $13K | 10x | as long as short |
| Aftermath Perps TSLAUSD | +0.0014% | 1h | 375.15 | −0.007% | $38K | $49K | 10x | as long as short |
| Bullet TSLA-USD | +0.0025% | 1h | 375.22 | +0.011% | $5K | $90K | 10x | as long as short |
| QFEX TSLA-USD | +0.0030% | 1h | 375.23 | +0.013% | $1.2M | $7.1M | 10x | as long as short |
| Lighter TSLA | +0.0032% | 1h | 375.23 | +0.013% | $648K | $3.3M | 20x | as long as short |
| Lighter RH TSLA | +0.0032% | 1h | 375.24 | +0.016% | $1.2M | $2.6M | 20x | as long as short |
| Arcus TSLA-USDlong | +0.0040% | 1h | 375.18 | long leg | $153K | $84K | 10x | |
| Vest TSLA-USD-PERP | +0.0046% | 1h | 375.22 | +0.011% | — | $133K | 25x | as long as short |
| tradeXYZ xyz:TSLA | +0.0050% | 1h | 375.01 | −0.045% | $43.5M | $14.2M | 20x | as long as short |
| Polymarket Perps TSLA-USD | +0.0050% | 1h | 375.07 | −0.029% | $297K | $292K | 10x | as long as short |
| SoDEX TSLA-USD | +0.0050% | 1h | 375.17 | −0.003% | $4K | $3K | 10x | as long as short |
| Ondo Perps TSLA-USD.P | +0.0050% | 1h | 375.10 | −0.021% | $1.6M | $1.0M | 10x | as long as short |
| Nado TSLA-PERP | +0.0051% | 1h | 375.13 | −0.013% | $484K | $90K | 20x | as long as short |
| Hotstuff TSLA-PERP | +0.0064% | 1h | 375.13 | −0.013% | $34K | — | 20x | as long as short |
| Pacifica TSLA | +0.0100% | 1h | 375.11 | −0.018% | $389K | $38K | 10x | as long as short |
| KuCoin TSLAUSDTM | +0.0100% | 8h | 375.07 | −0.029% | $1.5M | $159K | 20x | as long as short |
| ApeX Omni TSLAUSDT | +0.0100% | 1h | 375.15 | −0.008% | $4K | $62K | 50x | as long as short |
| Orderly PERP_TSLA_USDC | +0.0100% | 8h | 375.09 | −0.024% | $41K | $20K | 20x | as long as short |
| Aevo TSLA-PERP | +0.0104% | 1h | 375.18 | +0.001% | $743 | — | 10x | as long as short |
| GRVT TSLA_USDT_Perp | +0.0123% | 8h | 375.35 | +0.046% | $848K | $2.9M | 10x | as long as short |
| Coinbase International TSLA-PERP-INTX | +0.0128% | 1h | 375.11 | −0.019% | $529K | $332K | 10x | as long as short |
| Injective TSLA/USDC PERP | +0.0220% | 1h | 376.36 | +0.315% | $78K | $36K | 30x | as long as short |
| Phoenix TSLA | +0.0277% | 1h | 375.56 | +0.101% | $1.3M | $522K | 20x | as long as short |
Variational Omni TSLA
StandX TSLA-USD
Deribit TSLA_USDC-PERPETUAL
Phemex TSLAUSDT
Aftermath Perps TSLAUSD
Bullet TSLA-USD
QFEX TSLA-USD
Lighter TSLA
Lighter RH TSLA
Vest TSLA-USD-PERP
tradeXYZ xyz:TSLA
Polymarket Perps TSLA-USD
SoDEX TSLA-USD
Ondo Perps TSLA-USD.P
Nado TSLA-PERP
Hotstuff TSLA-PERP
Pacifica TSLA
KuCoin TSLAUSDTM
ApeX Omni TSLAUSDT
Orderly PERP_TSLA_USDC
Aevo TSLA-PERP
GRVT TSLA_USDT_Perp
Coinbase International TSLA-PERP-INTX
Injective TSLA/USDC PERP
Phoenix TSLA