Funding you earn now, next payment 00:00 UTC+0.0083%/8h= +9.0% APRnext payment +$0.10 per $10,000 · paid last 24h +0.029%
Price spread now: Arcus against Deribit+0.005%7-day average −0.053% · 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−$21as in the Price arb table
costs, in and out, $10k−$270.269% of the position
Funding, last 3 days (all we have)−0.084%−$8 on $10k
+Price spread, last 3 days (all we have)−0.020%−$2 · spread now +0.005%, 7d avg −0.053%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Arcus is 0.058% dearer against Deribit than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.053%. Mind the row above: over the last 3 days funding on this pair cost −0.084%, 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 | Deribit TSLA_USDC-PERPETUAL | 375.47 | 0 | get 0.0000% / 1h | 42m 38s | $20K | $187K | 10x |
| Short | Arcus TSLA-USD | 375.49 | 0.0083 | get 0.0010% / 1h | 42m 38s | $165K | $96K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus against Deribit. 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
- $17.34
- Price spread: +0.005% → −0.053%
- $5.84
- Slippage, 4 orders
- −$15.42
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- −$3.75
- Costs to cover
- 0.269%
- Break-even
- 8.5 days
Slippage from Deribit: live order book, 36 min ago; Arcus: 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 Deribit live order book, 36 min ago | 0.13 bp | 3.6 bp −$4 | 8.0 bp −$80 | doesn't fit | doesn't fit |
| Sell Arcus live order book, 35 min ago | 3.73 bp | 6.0 bp −$6 | 7.9 bp −$79 | 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 | −0.0442% | 4h | 375.53 | +0.017% | $397K | $1.0M | 10x | as long as short |
| BloFin TSLA-USDT | −0.0025% | 8h | 375.55 | +0.021% | $567K | $341K | 20x | as long as short |
| Nado TSLA-PERP | −0.0010% | 1h | 375.49 | +0.005% | $495K | $108K | 20x | as long as short |
| Aster TSLAUSDT | 0.0000% | 8h | 375.38 | −0.023% | $584K | $191K | 50x | as long as short |
| Extended TSLA_24_5-USD | 0.0000% | 1h | 375.57 | +0.026% | $478K | $10.6M | 10x | as long as short |
| Binance TSLAUSDT | 0.0000% | 8h | 375.63 | +0.042% | $46.9M | $110.0M | 25x | as long as short |
| Bybit TSLAUSDT | 0.0000% | 8h | 375.75 | +0.075% | $10.2M | $15.4M | 100x | as long as short |
| OKX TSLA-USDT-SWAP | 0.0000% | 8h | 375.67 | +0.053% | $11.2M | $16.8M | 25x | as long as short |
| Gate TSLA_USDT | 0.0000% | 8h | 375.59 | +0.032% | $2.3M | $4.1M | 100x | as long as short |
| Bitget TSLAUSDT | 0.0000% | 8h | 375.52 | +0.013% | $16.7M | $22.6M | 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 | 375.52 | +0.013% | $1.8M | $1.2M | — | as long as short |
| StandX TSLA-USD | 0.0000% | 1h | 375.56 | +0.024% | $199K | $899K | 20x | as long as short |
| Bullet TSLA-USD | 0.0000% | 1h | 375.58 | +0.029% | $5K | $91K | 10x | as long as short |
| Deribit TSLA_USDC-PERPETUALlong | 0.0000% | 1h | 375.47 | long leg | $20K | $187K | 10x | |
| Phemex TSLAUSDT | 0.0000% | 4h | 375.48 | +0.003% | $1.1M | $13K | 10x | as long as short |
| Aftermath Perps TSLAUSD | +0.0011% | 1h | 375.26 | −0.056% | $38K | $48K | 10x | as long as short |
| QFEX TSLA-USD | +0.0031% | 1h | 375.55 | +0.021% | $1.2M | $7.2M | 10x | as long as short |
| Lighter TSLA | +0.0032% | 1h | 375.62 | +0.040% | $652K | $3.3M | 20x | as long as short |
| Lighter RH TSLA | +0.0032% | 1h | 375.62 | +0.040% | $1.2M | $2.6M | 20x | as long as short |
| Vest TSLA-USD-PERP | +0.0046% | 1h | 375.55 | +0.021% | — | $133K | 25x | as long as short |
| Hotstuff TSLA-PERP | +0.0048% | 1h | 375.40 | −0.019% | $34K | — | 20x | as long as short |
| tradeXYZ xyz:TSLA | +0.0050% | 1h | 375.41 | −0.016% | $44.2M | $14.7M | 20x | as long as short |
| Polymarket Perps TSLA-USD | +0.0050% | 1h | 375.37 | −0.027% | $297K | $292K | 10x | as long as short |
| SoDEX TSLA-USD | +0.0050% | 1h | 375.50 | +0.008% | $4K | $3K | 10x | as long as short |
| Ondo Perps TSLA-USD.P | +0.0050% | 1h | 375.27 | −0.053% | $1.6M | $1.0M | 10x | as long as short |
| Arcus TSLA-USDshort | +0.0083% | 1h | 375.49 | +0.005% | $165K | $96K | 10x | |
| RISEx TSLA/USDC | +0.0085% | 1h | 375.67 | +0.053% | $260K | $573K | 20x | as long as short |
| Pacifica TSLA | +0.0100% | 1h | 375.47 | −0.001% | $389K | $38K | 10x | as long as short |
| KuCoin TSLAUSDTM | +0.0100% | 8h | 375.39 | −0.021% | $1.5M | $160K | 20x | as long as short |
| ApeX Omni TSLAUSDT | +0.0100% | 1h | 375.31 | −0.043% | $4K | $62K | 50x | as long as short |
| Orderly PERP_TSLA_USDC | +0.0100% | 8h | 375.36 | −0.029% | $41K | $21K | 20x | as long as short |
| Aevo TSLA-PERP | +0.0104% | 1h | 375.53 | +0.015% | $744 | — | 10x | as long as short |
| Coinbase International TSLA-PERP-INTX | +0.0120% | 1h | 375.11 | −0.096% | $529K | $328K | 10x | as long as short |
| GRVT TSLA_USDT_Perp | +0.0127% | 8h | 375.59 | +0.032% | $842K | $2.7M | 10x | as long as short |
| Injective TSLA/USDC PERP | +0.0220% | 1h | 376.46 | +0.264% | $78K | $36K | 30x | as long as short |
| Phoenix TSLA | +0.0362% | 1h | 375.66 | +0.051% | $1.3M | $547K | 20x | as long as short |
Deribit TSLA_USDC-PERPETUAL
edgeX TSLAUSDC
BloFin TSLA-USDT
Aster TSLAUSDT
Extended TSLA_24_5-USD
Binance TSLAUSDT
Bybit TSLAUSDT
OKX TSLA-USDT-SWAP
Gate TSLA_USDT
Bitget TSLAUSDT
Variational Omni TSLA
StandX TSLA-USD
Bullet TSLA-USD
Phemex TSLAUSDT
Aftermath Perps TSLAUSD
Lighter TSLA
Lighter RH TSLA
tradeXYZ xyz:TSLA
Polymarket Perps TSLA-USD
SoDEX TSLA-USD
RISEx TSLA/USDC
Pacifica TSLA
KuCoin TSLAUSDTM
ApeX Omni TSLAUSDT
Coinbase International TSLA-PERP-INTX
GRVT TSLA_USDT_Perp
Injective TSLA/USDC PERP
Phoenix TSLA