Funding you earn now, next payment 01:00 UTC+0.0039%/8h= +4.3% APRnext payment +$0.05 per $10,000 · paid last 24h −0.011%
Price spread now: QFEX against Coinbase International+0.048%7-day average +0.089% · 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−$33as in the Price arb table
costs, in and out, $10k−$290.286% of the position
Funding, last 3 days (all we have)−0.032%−$3 on $10k
+Price spread, last 3 days (all we have)+0.029%+$3 · spread now +0.048%, 7d avg +0.089%
=Funding pays, the price is against you. QFEX is 0.041% cheaper against Coinbase International than usual: you would sell low and buy high (spread +0.048% now, against its 7-day average of +0.089%). If the spread goes back, that is −$4 on $10k: about 3.5 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International TSLA-PERP-INTX | 376.58 | −0.0016 | get 0.0002% / 1h | 47m 07s | $512K | $327K | 10x |
| Short | QFEX TSLA-USD | 376.76 | 0.0023 | get 0.0003% / 1h | 47m 07s | $1.2M | $6.8M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX 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
- $8.2
- Price spread: +0.048% → +0.089%
- −$4.1
- Slippage, 4 orders
- −$8.61
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$24.51
- Costs to cover
- 0.286%
- Break-even
- 27.9 days
Slippage from Coinbase International: live order book, 21 min ago; QFEX: live order book, 12 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, 21 min ago | 2.26 bp | 7.7 bp −$8 | 10.0 bp −$100 | doesn't fit | doesn't fit |
| Sell QFEX live order book, 12 min ago | 1.46 bp | 6.5 bp −$6 | 6.9 bp −$69 | 12.8 bp −$1,280 | 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 | −0.0453% | 4h | 376.90 | +0.085% | $398K | $1.0M | 10x | as long as short |
| Hotstuff TSLA-PERP | −0.0032% | 1h | 376.58 | 0.000% | $34K | — | 20x | as long as short |
| BloFin TSLA-USDT | −0.0027% | 8h | 376.98 | +0.106% | $576K | $341K | 20x | as long as short |
| Coinbase International TSLA-PERP-INTXlong | −0.0016% | 1h | 376.58 | long leg | $512K | $327K | 10x | |
| Aster TSLAUSDT | 0.0000% | 8h | 376.89 | +0.082% | $577K | $195K | 50x | as long as short |
| Extended TSLA_24_5-USD | 0.0000% | 1h | 376.86 | +0.076% | $479K | $10.6M | 10x | as long as short |
| Binance TSLAUSDT | 0.0000% | 8h | 377.00 | +0.112% | $47.2M | $109.8M | 25x | as long as short |
| Bybit TSLAUSDT | 0.0000% | 8h | 377.00 | +0.112% | $10.2M | $15.5M | 100x | as long as short |
| OKX TSLA-USDT-SWAP | 0.0000% | 8h | 376.93 | +0.093% | $11.2M | $16.7M | 25x | as long as short |
| RISEx TSLA/USDC | 0.0000% | 1h | 376.89 | +0.082% | $292K | $598K | 20x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate TSLA_USDT | 0.0000% | 8h | 376.91 | +0.088% | $2.3M | $3.8M | 100x | as long as short |
| Bitget TSLAUSDT | 0.0000% | 8h | 376.68 | +0.027% | $16.9M | $22.7M | 100x | as long as short |
| Variational Omni TSLA | 0.0000% | 8h | 377.09 | +0.135% | $1.9M | $1.3M | — | as long as short |
| StandX TSLA-USD | 0.0000% | 1h | 376.96 | +0.101% | $200K | $905K | 20x | as long as short |
| Bullet TSLA-USD | 0.0000% | 1h | 376.95 | +0.098% | $6K | $93K | 10x | as long as short |
| Deribit TSLA_USDC-PERPETUAL | 0.0000% | 1h | 376.78 | +0.053% | $20K | $187K | 10x | as long as short |
| Phemex TSLAUSDT | 0.0000% | 4h | 376.89 | +0.082% | $1.1M | $13K | 10x | as long as short |
| Aftermath Perps TSLAUSD | +0.0009% | 1h | 376.82 | +0.063% | $38K | $46K | 10x | as long as short |
| QFEX TSLA-USDshort | +0.0023% | 1h | 376.76 | +0.048% | $1.2M | $6.8M | 10x | |
| Lighter TSLA | +0.0032% | 1h | 376.98 | +0.106% | $829K | $3.6M | 20x | as long as short |
| Lighter RH TSLA | +0.0032% | 1h | 376.97 | +0.104% | $1.2M | $2.6M | 20x | as long as short |
| Arcus TSLA-USD | +0.0040% | 1h | 376.80 | +0.058% | $163K | $93K | 10x | as long as short |
| Vest TSLA-USD-PERP | +0.0046% | 1h | 376.88 | +0.080% | — | $130K | 25x | as long as short |
| tradeXYZ xyz:TSLA | +0.0050% | 1h | 376.71 | +0.035% | $44.3M | $14.0M | 20x | as long as short |
| Polymarket Perps TSLA-USD | +0.0050% | 1h | 376.66 | +0.021% | $301K | $310K | 10x | as long as short |
| SoDEX TSLA-USD | +0.0050% | 1h | 376.88 | +0.080% | $4K | $3K | 10x | as long as short |
| Ondo Perps TSLA-USD.P | +0.0050% | 1h | 376.55 | −0.008% | $1.5M | $1.1M | 10x | as long as short |
| Nado TSLA-PERP | +0.0098% | 1h | 376.70 | +0.033% | $490K | $112K | 20x | as long as short |
| Pacifica TSLA | +0.0100% | 1h | 376.70 | +0.032% | $390K | $38K | 10x | as long as short |
| KuCoin TSLAUSDTM | +0.0100% | 8h | 376.60 | +0.005% | $1.5M | $106K | 20x | as long as short |
| ApeX Omni TSLAUSDT | +0.0100% | 1h | 376.76 | +0.048% | $4K | $61K | 50x | as long as short |
| Orderly PERP_TSLA_USDC | +0.0100% | 8h | 376.89 | +0.082% | $41K | $20K | 20x | as long as short |
| Aevo TSLA-PERP | +0.0104% | 1h | 376.83 | +0.067% | $746 | — | 10x | as long as short |
| GRVT TSLA_USDT_Perp | +0.0111% | 8h | 377.00 | +0.111% | $853K | $2.8M | 10x | as long as short |
| Injective TSLA/USDC PERP | +0.0220% | 1h | 377.49 | +0.242% | $78K | $36K | 30x | as long as short |
| Phoenix TSLA | +0.0255% | 1h | 377.30 | +0.191% | $1.3M | $539K | 20x | as long as short |
Coinbase International TSLA-PERP-INTX
edgeX TSLAUSDC
BloFin TSLA-USDT
Aster TSLAUSDT
Extended TSLA_24_5-USD
Binance TSLAUSDT
Bybit TSLAUSDT
OKX TSLA-USDT-SWAP
RISEx TSLA/USDC
Gate TSLA_USDT
Bitget TSLAUSDT
Variational Omni TSLA
StandX TSLA-USD
Bullet TSLA-USD
Deribit TSLA_USDC-PERPETUAL
Phemex TSLAUSDT
Aftermath Perps TSLAUSD
Lighter TSLA
Lighter RH TSLA
tradeXYZ xyz:TSLA
Polymarket Perps TSLA-USD
SoDEX TSLA-USD
Pacifica TSLA
KuCoin TSLAUSDTM
ApeX Omni TSLAUSDT
GRVT TSLA_USDT_Perp
Injective TSLA/USDC PERP
Phoenix TSLA