Funding you earn now, next payment 16:00 UTC+0.0195%/8h= +21.4% APRnext payment +$1.95 per $10,000 · paid last 24h +0.017%
Price spread now: Binance against Bybit+0.005%7-day average −0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$23as in the Funding arb table
Net, price: spread back to 7d avg − costs−$27as in the Price arb table
costs, in and out, $10k−$280.280% of the position
Funding, last 7 days+0.053%+$5 on $10k
+Price spread, last 7 days+0.026%+$3 · spread now +0.005%, 7d avg −0.006%
=The price spread sits at its 7-day average of −0.006%, so right now this pair is about funding alone: +$6 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.053% in total (about 2.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.95 per $10,000. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit TSLAUSDT | 378.77 | 0 | get 0.0000% / 8h | 4h 09m | $10.3M | $14.1M | 100x |
| Short | Binance TSLAUSDT | 378.79 | 0.0195 | get 0.0195% / 8h | 4h 09m | $47.8M | $116.5M | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bybit. 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
- $40.95
- Price spread: +0.005% → −0.006%
- $1.09
- Slippage, 4 orders
- −$7.05
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $13.98
- Costs to cover
- 0.280%
- Break-even
- 4.6 days
Slippage from Bybit: live order book, 1 min ago; Binance: live order book, 11 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 Bybit live order book, 1 min ago | 0.53 bp | 8.3 bp −$8 | 13.6 bp −$136 | doesn't fit | doesn't fit |
| Sell Binance live order book, 11 min ago | 0.13 bp | 5.3 bp −$5 | 8.1 bp −$81 | 26.8 bp −$2,677 | doesn't fit |
TSLA on 36 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff TSLA-PERP | −0.1600% | 1h | 378.41 | −0.095% | $34K | — | 20x | as long as short |
| edgeX TSLAUSDC | −0.0251% | 4h | 378.67 | −0.027% | $400K | $1.1M | 10x | as long as short |
| Injective TSLA/USDC PERP | −0.0220% | 1h | 379.27 | +0.132% | $74K | $42K | 30x | as long as short |
| Bybit TSLAUSDTlong | 0.0000% | 8h | 378.77 | long leg | $10.3M | $14.1M | 100x | |
| Gate TSLA_USDT | 0.0000% | 8h | 378.85 | +0.021% | $2.4M | $3.2M | 100x | as long as short |
| Bitget TSLAUSDT | 0.0000% | 8h | 378.69 | −0.021% | $17.5M | $25.2M | 100x | as long as short |
| StandX TSLA-USD | 0.0000% | 1h | 378.33 | −0.116% | $201K | $1.0M | 20x | as long as short |
| Phemex TSLAUSDT | 0.0000% | 4h | 378.67 | −0.026% | $1.1M | $15K | 10x | as long as short |
| OKX TSLA-USDT-SWAP | +0.0010% | 8h | 378.84 | +0.018% | $11.5M | $15.5M | 25x | as long as short |
| Aftermath Perps TSLAUSD | +0.0027% | 1h | 378.46 | −0.083% | $38K | $37K | 10x | as long as short |
Show all 36 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH TSLA | +0.0032% | 1h | 378.59 | −0.048% | $1.3M | $2.4M | 20x | as long as short |
| Arcus TSLA-USD | +0.0040% | 1h | 378.47 | −0.079% | $133K | $83K | 10x | as long as short |
| QFEX TSLA-USD | +0.0042% | 1h | 378.57 | −0.053% | $1.3M | $6.3M | 10x | as long as short |
| Vest TSLA-USD-PERP | +0.0046% | 1h | 378.47 | −0.079% | — | $123K | 25x | as long as short |
| tradeXYZ xyz:TSLA | +0.0050% | 1h | 378.39 | −0.100% | $45.1M | $15.0M | 20x | as long as short |
| Polymarket Perps TSLA-USD | +0.0050% | 1h | 378.41 | −0.095% | $301K | $126K | 10x | as long as short |
| Ondo Perps TSLA-USD.P | +0.0050% | 1h | 378.10 | −0.177% | $1.6M | $1.3M | 10x | as long as short |
| SoDEX TSLA-USD | +0.0060% | 1h | 378.56 | −0.055% | $4K | $3K | 10x | as long as short |
| RISEx TSLA/USDC | +0.0074% | 1h | 378.69 | −0.021% | $235K | $633K | 20x | as long as short |
| Deribit TSLA_USDC-PERPETUAL | +0.0094% | 1h | 378.45 | −0.084% | $18K | $186K | 10x | as long as short |
| Pacifica TSLA | +0.0100% | 1h | 378.32 | −0.118% | $392K | $40K | 10x | as long as short |
| KuCoin TSLAUSDTM | +0.0100% | 8h | 378.41 | −0.095% | $1.4M | $5.1M | 20x | as long as short |
| ApeX Omni TSLAUSDT | +0.0100% | 1h | 378.27 | −0.132% | $4K | $61K | 50x | as long as short |
| Orderly PERP_TSLA_USDC | +0.0100% | 8h | 378.40 | −0.098% | $42K | $24K | 20x | as long as short |
| Aevo TSLA-PERP | +0.0104% | 1h | 378.68 | −0.024% | $750 | — | 10x | as long as short |
| Coinbase International TSLA-PERP-INTX | +0.0112% | 1h | 378.36 | −0.108% | $522K | $400K | 10x | as long as short |
| Lighter TSLA | +0.0120% | 1h | 378.57 | −0.053% | $829K | $3.1M | 20x | as long as short |
| Aster TSLAUSDT | +0.0141% | 8h | 378.78 | +0.003% | $577K | $200K | 50x | as long as short |
| Variational Omni TSLA | +0.0171% | 8h | 378.50 | −0.071% | $1.7M | $1.5M | — | as long as short |
| BloFin TSLA-USDT | +0.0185% | 8h | 378.59 | −0.048% | $592K | $380K | 20x | as long as short |
| Extended TSLA_24_5-USD | +0.0192% | 1h | 378.65 | −0.030% | $483K | $2.7M | 10x | as long as short |
| Binance TSLAUSDTshort | +0.0195% | 8h | 378.79 | +0.005% | $47.8M | $116.5M | 25x | |
| Bullet TSLA-USD | +0.0245% | 1h | 378.71 | −0.016% | $7K | $96K | 10x | as long as short |
| Nado TSLA-PERP | +0.0265% | 1h | 378.34 | −0.114% | $502K | $99K | 20x | as long as short |
| Phoenix TSLA | +0.0296% | 1h | 378.77 | 0.000% | $1.4M | $520K | 20x | as long as short |
| GRVT TSLA_USDT_Perp | +0.0418% | 8h | 378.73 | −0.012% | $854K | $2.9M | 10x | as long as short |
Bybit TSLAUSDT
Binance TSLAUSDT
edgeX TSLAUSDC
Injective TSLA/USDC PERP
Gate TSLA_USDT
Bitget TSLAUSDT
StandX TSLA-USD
Phemex TSLAUSDT
OKX TSLA-USDT-SWAP
Aftermath Perps TSLAUSD
Lighter RH TSLA
tradeXYZ xyz:TSLA
Polymarket Perps TSLA-USD
SoDEX TSLA-USD
RISEx TSLA/USDC
Deribit TSLA_USDC-PERPETUAL
Pacifica TSLA
KuCoin TSLAUSDTM
ApeX Omni TSLAUSDT
Coinbase International TSLA-PERP-INTX
Lighter TSLA
Aster TSLAUSDT
Variational Omni TSLA
BloFin TSLA-USDT
Extended TSLA_24_5-USD
Bullet TSLA-USD
Phoenix TSLA
GRVT TSLA_USDT_Perp