Settings8H · net · $10k
Funding arb · Price arb /

TSLA

RWAall TSLA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0094%/8h= +10.3% APRnext payment +$0.12 per $10,000 · paid last 24h +0.015%
Price spread now: Coinbase International against Deribit−0.005%7-day average −0.078% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$24as in the Price arb table
costs, in and out, $10k−$320.317% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)−0.114%−$11 on $10k
Price spread, last 4 days (all we have)+0.004%$0 · spread now −0.005%, 7d avg −0.078%
Together, before fees−0.110%−$11 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Coinbase International is 0.072% dearer against Deribit than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.078%. Mind the row above: over the last 5 days funding on this pair cost −0.114%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit TSLA_USDC-PERPETUAL376.500.0042pay 0.0005% / 1h57m 58s$18K$193K10x
ShortCoinbase International TSLA-PERP-INTX376.480.0136get 0.0017% / 1h57m 58s$508K$347K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against Deribit. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$19.69
Price spread: −0.005% → −0.078%
$7.24
Slippage, 4 orders
−$14.71
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$4.77
Costs to cover
0.317%
Break-even
8.7 days
Slippage from Deribit: live order book, 50 min ago; Coinbase International: live order book, 50 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Deribit live order book, 50 min ago0.13 bp3.6 bp −$44.2 bp −$42doesn't fitdoesn't fit
Sell Coinbase International live order book, 50 min ago2.92 bp9.1 bp −$910.5 bp −$105doesn't fitdoesn't fit

TSLA on 36 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX TSLAUSDC−0.0726%4h376.73+0.062%$398K$1.0M10xas long as short
Aster TSLAUSDT0.0000%8h376.46−0.011%$575K$199K50xas long as short
Extended TSLA_24_5-USD0.0000%1h376.49−0.002%$479K$2.7M10xas long as short
Binance TSLAUSDT0.0000%8h376.60+0.027%$47.3M$113.3M25xas long as short
Bybit TSLAUSDT0.0000%8h376.56+0.016%$10.2M$15.5M100xas long as short
OKX TSLA-USDT-SWAP0.0000%8h376.58+0.021%$11.2M$17.0M25xas long as short
Bitget TSLAUSDT0.0000%8h376.59+0.024%$17.1M$22.8M100xas long as short
Variational Omni TSLA0.0000%8h376.74+0.062%$1.9M$1.3Mas long as short
StandX TSLA-USD0.0000%1h376.56+0.016%$200K$917K20xas long as short
Phemex TSLAUSDT0.0000%4h376.57+0.019%$1.1M$14K10xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin TSLA-USDT+0.0002%8h376.69+0.050%$576K$355K20xas long as short
Gate TSLA_USDT+0.0005%8h376.65+0.040%$2.3M$3.5M100xas long as short
Aftermath Perps TSLAUSD+0.0020%1h376.55+0.014%$38K$39K10xas long as short
Lighter RH TSLA+0.0032%1h376.53+0.008%$1.3M$2.5M20xas long as short
Arcus TSLA-USD+0.0040%1h376.42−0.021%$135K$108K10xas long as short
Deribit TSLA_USDC-PERPETUALlong+0.0042%1h376.50long leg$18K$193K10x
Vest TSLA-USD-PERP+0.0046%1h376.58+0.021%$125K25xas long as short
Hotstuff TSLA-PERP+0.0048%1h376.29−0.056%$34K20xas long as short
tradeXYZ xyz:TSLA+0.0050%1h376.27−0.061%$44.6M$14.8M20xas long as short
Polymarket Perps TSLA-USD+0.0050%1h376.49−0.003%$301K$307K10xas long as short
SoDEX TSLA-USD+0.0050%1h376.54+0.011%$4K$3K10xas long as short
Ondo Perps TSLA-USD.P+0.0050%1h376.40−0.027%$1.6M$1.1M10xas long as short
QFEX TSLA-USD+0.0052%1h376.62+0.032%$1.3M$6.2M10xas long as short
Lighter TSLA+0.0072%1h376.54+0.011%$836K$3.7M20xas long as short
Pacifica TSLA+0.0100%1h376.44−0.016%$390K$37K10xas long as short
KuCoin TSLAUSDTM+0.0100%8h376.25−0.066%$1.5M$108K20xas long as short
ApeX Omni TSLAUSDT+0.0100%1h376.56+0.016%$4K$61K50xas long as short
Orderly PERP_TSLA_USDC+0.0100%8h376.35−0.040%$41K$23K20xas long as short
Aevo TSLA-PERP+0.0104%1h376.56+0.017%$74610xas long as short
Coinbase International TSLA-PERP-INTXshort+0.0136%1h376.48−0.005%$508K$347K10x
RISEx TSLA/USDC+0.0138%1h376.79+0.077%$216K$618K20xas long as short
Bullet TSLA-USD+0.0177%1h376.63+0.036%$4K$90K10xas long as short
GRVT TSLA_USDT_Perp+0.0183%8h376.88+0.101%$856K$2.8M10xas long as short
Injective TSLA/USDC PERP+0.0220%1h377.48+0.260%$78K$36K30xas long as short
Nado TSLA-PERP+0.0230%1h376.36−0.036%$488K$110K20xas long as short
Phoenix TSLA+0.0298%1h376.61+0.029%$1.3M$520K20xas long as short