Funding you earn now, next payment 03:00 UTC+0.0010%/8h= +1.1% APRnext payment +$0.01 per $10,000 · paid last 24h −0.038%
Price spread now: tradeXYZ against Arcus−0.032%7-day average +0.008% · 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−$44as in the Price arb table
costs, in and out, $10k−$410.405% of the position
Funding, last 4 days (all we have)−0.059%−$6 on $10k
+Price spread, last 4 days (all we have)+0.048%+$5 · spread now −0.032%, 7d avg +0.008%
=Together, before fees−0.011%+ Points / potential airdroptradeXYZ: Active · farm board−$1 on $10k · with fees, hour by hour
Funding pays, the price is against you. tradeXYZ is 0.040% cheaper against Arcus than usual: you would sell low and buy high (spread −0.032% now, against its 7-day average of +0.008%). If the spread goes back, that is −$4 on $10k: about 14 days of funding at the current rate ($0 a day). Mind the row above: over the last 4 days funding on this pair cost −0.059%, 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 | 376.88 | 0.0040 | pay 0.0005% / 1h | 1m 21s | $162K | $96K | 10x |
| Short | tradeXYZ xyz:TSLA | 376.76 | 0.0050 | get 0.0006% / 1h | 1m 21s | $44.3M | $14.3M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $2.04
- Price spread: −0.032% → +0.008%
- −$3.96
- Slippage, 4 orders
- −$18.03
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$42.45
- Costs to cover
- 0.405%
- Break-even
- 152.6 days
Slippage from Arcus: live order book, 62 min ago; tradeXYZ: live order book, 8 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, 62 min ago | 0.93 bp | 9.4 bp −$9 | 11.8 bp −$118 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 8 min ago | 0.13 bp | 9.8 bp −$10 | doesn't fit | 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 | −0.0616% | 4h | 377.12 | +0.063% | $398K | $1.0M | 10x | as long as short |
| BloFin TSLA-USDT | −0.0024% | 8h | 377.08 | +0.053% | $577K | $353K | 20x | as long as short |
| Hotstuff TSLA-PERP | −0.0024% | 1h | 376.72 | −0.042% | $34K | — | 20x | as long as short |
| Aster TSLAUSDT | 0.0000% | 8h | 377.09 | +0.057% | $578K | $196K | 50x | as long as short |
| Extended TSLA_24_5-USD | 0.0000% | 1h | 377.00 | +0.031% | $480K | $5.6M | 10x | as long as short |
| Binance TSLAUSDT | 0.0000% | 8h | 377.11 | +0.060% | $47.4M | $110.9M | 25x | as long as short |
| Bybit TSLAUSDT | 0.0000% | 8h | 377.10 | +0.058% | $10.3M | $15.4M | 100x | as long as short |
| OKX TSLA-USDT-SWAP | 0.0000% | 8h | 377.03 | +0.040% | $11.2M | $16.9M | 25x | as long as short |
| RISEx TSLA/USDC | 0.0000% | 1h | 377.11 | +0.062% | $290K | $586K | 20x | as long as short |
| Bitget TSLAUSDT | 0.0000% | 8h | 377.00 | +0.032% | $17.1M | $22.9M | 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 | 377.03 | +0.040% | $1.9M | $1.4M | — | as long as short |
| StandX TSLA-USD | 0.0000% | 1h | 377.05 | +0.045% | $200K | $909K | 20x | as long as short |
| Deribit TSLA_USDC-PERPETUAL | 0.0000% | 1h | 376.84 | −0.011% | $20K | $188K | 10x | as long as short |
| Coinbase International TSLA-PERP-INTX | 0.0000% | 1h | 377.04 | +0.042% | $513K | $331K | 10x | as long as short |
| Phemex TSLAUSDT | 0.0000% | 4h | 377.09 | +0.056% | $1.1M | $14K | 10x | as long as short |
| Aftermath Perps TSLAUSD | +0.0017% | 1h | 377.09 | +0.054% | $38K | $43K | 10x | as long as short |
| QFEX TSLA-USD | +0.0019% | 1h | 376.99 | +0.029% | $1.2M | $6.5M | 10x | as long as short |
| Lighter RH TSLA | +0.0032% | 1h | 377.01 | +0.034% | $1.2M | $2.6M | 20x | as long as short |
| Arcus TSLA-USDlong | +0.0040% | 1h | 376.88 | long leg | $162K | $96K | 10x | |
| Vest TSLA-USD-PERP | +0.0046% | 1h | 377.00 | +0.032% | — | $130K | 25x | as long as short |
| tradeXYZ xyz:TSLAshort | +0.0050% | 1h | 376.76 | −0.032% | $44.3M | $14.3M | 20x | |
| Polymarket Perps TSLA-USD | +0.0050% | 1h | 376.96 | +0.021% | $301K | $309K | 10x | as long as short |
| SoDEX TSLA-USD | +0.0050% | 1h | 377.00 | +0.032% | $4K | $3K | 10x | as long as short |
| Ondo Perps TSLA-USD.P | +0.0050% | 1h | 376.73 | −0.040% | $1.6M | $1.1M | 10x | as long as short |
| Lighter TSLA | +0.0056% | 1h | 377.02 | +0.037% | $819K | $3.6M | 20x | as long as short |
| GRVT TSLA_USDT_Perp | +0.0060% | 8h | 377.15 | +0.071% | $845K | $2.8M | 10x | as long as short |
| Bullet TSLA-USD | +0.0099% | 1h | 377.06 | +0.048% | $5K | $92K | 10x | as long as short |
| Pacifica TSLA | +0.0100% | 1h | 376.83 | −0.012% | $391K | $38K | 10x | as long as short |
| KuCoin TSLAUSDTM | +0.0100% | 8h | 376.93 | +0.013% | $1.5M | $105K | 20x | as long as short |
| ApeX Omni TSLAUSDT | +0.0100% | 1h | 376.90 | +0.005% | $4K | $61K | 50x | as long as short |
| Orderly PERP_TSLA_USDC | +0.0100% | 8h | 376.97 | +0.024% | $41K | $24K | 20x | as long as short |
| Aevo TSLA-PERP | +0.0104% | 1h | 376.97 | +0.024% | $746 | — | 10x | as long as short |
| Gate TSLA_USDT | +0.0129% | 8h | 377.08 | +0.053% | $2.3M | $3.7M | 100x | as long as short |
| Nado TSLA-PERP | +0.0192% | 1h | 376.87 | −0.002% | $490K | $112K | 20x | as long as short |
| Injective TSLA/USDC PERP | +0.0220% | 1h | 378.16 | +0.340% | $79K | $36K | 30x | as long as short |
| Phoenix TSLA | +0.0254% | 1h | 377.09 | +0.056% | $1.3M | $539K | 20x | as long as short |
tradeXYZ xyz:TSLA
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
Deribit TSLA_USDC-PERPETUAL
Coinbase International TSLA-PERP-INTX
Phemex TSLAUSDT
Aftermath Perps TSLAUSD
Lighter RH TSLA
Polymarket Perps TSLA-USD
SoDEX TSLA-USD
Lighter TSLA
GRVT TSLA_USDT_Perp
Bullet TSLA-USD
Pacifica TSLA
KuCoin TSLAUSDTM
ApeX Omni TSLAUSDT
Gate TSLA_USDT
Injective TSLA/USDC PERP
Phoenix TSLA