Funding you earn now, next payment 11:00 UTC−0.0098%/8h= −10.7% APRnext payment −$0.12 per $10,000 · paid last 24h −0.020%
Price spread now: Deribit against Coinbase International+0.003%7-day average +0.079% · 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−$39as in the Price arb table
costs, in and out, $10k−$310.309% of the position
Funding, last 5 days (all we have)+0.112%+$11 on $10k
+Price spread, last 4 days (all we have)−0.001%$0 · spread now +0.003%, 7d avg +0.079%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Deribit is 0.076% cheaper against Coinbase International than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of +0.079%). Swap the legs. Mind the row above: over the last 5 days funding on this pair paid +0.112%, 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 | Coinbase International TSLA-PERP-INTX | 378.36 | 0.0112 | pay 0.0014% / 1h | 9m 07s | $522K | $400K | 10x |
| Short | Deribit TSLA_USDC-PERPETUAL | 378.37 | 0.0014 | get 0.0002% / 1h | 9m 07s | $18K | $186K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against Coinbase International. 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
- −$20.5
- Price spread: +0.003% → +0.079%
- −$7.59
- Slippage, 4 orders
- −$13.93
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$59.02
- Costs to cover
- 0.309%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 32 min ago; Deribit: live order book, 32 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 Coinbase International live order book, 32 min ago | 2.25 bp | 9.2 bp −$9 | 11.3 bp −$113 | doesn't fit | doesn't fit |
| Sell Deribit live order book, 32 min ago | 0.13 bp | 3.6 bp −$4 | 6.5 bp −$65 | doesn't fit | 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 | 378.38 | +0.005% | $34K | — | 20x | as long as short |
| edgeX TSLAUSDC | −0.0251% | 4h | 378.67 | +0.081% | $400K | $1.1M | 10x | as long as short |
| Injective TSLA/USDC PERP | −0.0220% | 1h | 380.01 | +0.436% | $74K | $42K | 30x | as long as short |
| Bybit TSLAUSDT | 0.0000% | 8h | 378.62 | +0.069% | $10.3M | $14.1M | 100x | as long as short |
| Gate TSLA_USDT | 0.0000% | 8h | 378.72 | +0.095% | $2.4M | $3.2M | 100x | as long as short |
| Bitget TSLAUSDT | 0.0000% | 8h | 378.57 | +0.056% | $17.5M | $25.2M | 100x | as long as short |
| StandX TSLA-USD | 0.0000% | 1h | 378.37 | +0.003% | $201K | $1.0M | 20x | as long as short |
| Phemex TSLAUSDT | 0.0000% | 4h | 378.63 | +0.071% | $1.1M | $15K | 10x | as long as short |
| OKX TSLA-USDT-SWAP | +0.0012% | 8h | 378.66 | +0.079% | $11.5M | $15.5M | 25x | as long as short |
| Deribit TSLA_USDC-PERPETUALshort | +0.0014% | 1h | 378.37 | +0.003% | $18K | $186K | 10x |
Show all 36 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aftermath Perps TSLAUSD | +0.0027% | 1h | 378.47 | +0.029% | $39K | $36K | 10x | as long as short |
| Lighter RH TSLA | +0.0032% | 1h | 378.55 | +0.050% | $1.3M | $2.4M | 20x | as long as short |
| Arcus TSLA-USD | +0.0040% | 1h | 378.57 | +0.056% | $133K | $83K | 10x | as long as short |
| QFEX TSLA-USD | +0.0042% | 1h | 378.69 | +0.087% | $1.3M | $6.3M | 10x | as long as short |
| Vest TSLA-USD-PERP | +0.0046% | 1h | 378.51 | +0.040% | — | $123K | 25x | as long as short |
| tradeXYZ xyz:TSLA | +0.0050% | 1h | 378.33 | −0.008% | $45.1M | $14.9M | 20x | as long as short |
| Polymarket Perps TSLA-USD | +0.0050% | 1h | 378.35 | −0.003% | $301K | $126K | 10x | as long as short |
| Ondo Perps TSLA-USD.P | +0.0050% | 1h | 378.33 | −0.008% | $1.6M | $1.3M | 10x | as long as short |
| SoDEX TSLA-USD | +0.0060% | 1h | 378.56 | +0.053% | $4K | $3K | 10x | as long as short |
| RISEx TSLA/USDC | +0.0074% | 1h | 378.85 | +0.129% | $235K | $633K | 20x | as long as short |
| Pacifica TSLA | +0.0100% | 1h | 378.63 | +0.071% | $392K | $40K | 10x | as long as short |
| KuCoin TSLAUSDTM | +0.0100% | 8h | 378.32 | −0.011% | $1.4M | $5.1M | 20x | as long as short |
| ApeX Omni TSLAUSDT | +0.0100% | 1h | 378.25 | −0.029% | $4K | $61K | 50x | as long as short |
| Orderly PERP_TSLA_USDC | +0.0100% | 8h | 378.60 | +0.063% | $42K | $24K | 20x | as long as short |
| Aevo TSLA-PERP | +0.0104% | 1h | 378.61 | +0.065% | $750 | — | 10x | as long as short |
| Coinbase International TSLA-PERP-INTXlong | +0.0112% | 1h | 378.36 | long leg | $522K | $400K | 10x | |
| Lighter TSLA | +0.0120% | 1h | 378.54 | +0.048% | $829K | $3.1M | 20x | as long as short |
| Aster TSLAUSDT | +0.0142% | 8h | 378.78 | +0.111% | $577K | $200K | 50x | as long as short |
| Variational Omni TSLA | +0.0171% | 8h | 378.50 | +0.037% | $1.7M | $1.5M | — | as long as short |
| Extended TSLA_24_5-USD | +0.0192% | 1h | 378.51 | +0.039% | $483K | $2.7M | 10x | as long as short |
| Binance TSLAUSDT | +0.0196% | 8h | 378.64 | +0.073% | $47.8M | $116.6M | 25x | as long as short |
| BloFin TSLA-USDT | +0.0203% | 8h | 378.66 | +0.079% | $593K | $380K | 20x | as long as short |
| Bullet TSLA-USD | +0.0245% | 1h | 378.65 | +0.077% | $7K | $96K | 10x | as long as short |
| Nado TSLA-PERP | +0.0264% | 1h | 378.48 | +0.033% | $502K | $99K | 20x | as long as short |
| Phoenix TSLA | +0.0296% | 1h | 378.77 | +0.108% | $1.4M | $520K | 20x | as long as short |
| GRVT TSLA_USDT_Perp | +0.0419% | 8h | 378.67 | +0.083% | $854K | $2.9M | 10x | as long as short |
Coinbase International TSLA-PERP-INTX
Deribit TSLA_USDC-PERPETUAL
edgeX TSLAUSDC
Injective TSLA/USDC PERP
Bybit TSLAUSDT
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
Pacifica TSLA
KuCoin TSLAUSDTM
ApeX Omni TSLAUSDT
Lighter TSLA
Aster TSLAUSDT
Variational Omni TSLA
Extended TSLA_24_5-USD
Binance TSLAUSDT
BloFin TSLA-USDT
Bullet TSLA-USD
Phoenix TSLA
GRVT TSLA_USDT_Perp