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 − costs—under 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
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%
=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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit TSLA_USDC-PERPETUAL | 376.50 | 0.0042 | pay 0.0005% / 1h | 57m 58s | $18K | $193K | 10x |
| Short | Coinbase International TSLA-PERP-INTX | 376.48 | 0.0136 | get 0.0017% / 1h | 57m 58s | $508K | $347K | 10x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Deribit live order book, 50 min ago | 0.13 bp | 3.6 bp −$4 | 4.2 bp −$42 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 50 min ago | 2.92 bp | 9.1 bp −$9 | 10.5 bp −$105 | 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 | −0.0726% | 4h | 376.73 | +0.062% | $398K | $1.0M | 10x | as long as short |
| Aster TSLAUSDT | 0.0000% | 8h | 376.46 | −0.011% | $575K | $199K | 50x | as long as short |
| Extended TSLA_24_5-USD | 0.0000% | 1h | 376.49 | −0.002% | $479K | $2.7M | 10x | as long as short |
| Binance TSLAUSDT | 0.0000% | 8h | 376.60 | +0.027% | $47.3M | $113.3M | 25x | as long as short |
| Bybit TSLAUSDT | 0.0000% | 8h | 376.56 | +0.016% | $10.2M | $15.5M | 100x | as long as short |
| OKX TSLA-USDT-SWAP | 0.0000% | 8h | 376.58 | +0.021% | $11.2M | $17.0M | 25x | as long as short |
| Bitget TSLAUSDT | 0.0000% | 8h | 376.59 | +0.024% | $17.1M | $22.8M | 100x | as long as short |
| Variational Omni TSLA | 0.0000% | 8h | 376.74 | +0.062% | $1.9M | $1.3M | — | as long as short |
| StandX TSLA-USD | 0.0000% | 1h | 376.56 | +0.016% | $200K | $917K | 20x | as long as short |
| Phemex TSLAUSDT | 0.0000% | 4h | 376.57 | +0.019% | $1.1M | $14K | 10x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin TSLA-USDT | +0.0002% | 8h | 376.69 | +0.050% | $576K | $355K | 20x | as long as short |
| Gate TSLA_USDT | +0.0005% | 8h | 376.65 | +0.040% | $2.3M | $3.5M | 100x | as long as short |
| Aftermath Perps TSLAUSD | +0.0020% | 1h | 376.55 | +0.014% | $38K | $39K | 10x | as long as short |
| Lighter RH TSLA | +0.0032% | 1h | 376.53 | +0.008% | $1.3M | $2.5M | 20x | as long as short |
| Arcus TSLA-USD | +0.0040% | 1h | 376.42 | −0.021% | $135K | $108K | 10x | as long as short |
| Deribit TSLA_USDC-PERPETUALlong | +0.0042% | 1h | 376.50 | long leg | $18K | $193K | 10x | |
| Vest TSLA-USD-PERP | +0.0046% | 1h | 376.58 | +0.021% | — | $125K | 25x | as long as short |
| Hotstuff TSLA-PERP | +0.0048% | 1h | 376.29 | −0.056% | $34K | — | 20x | as long as short |
| tradeXYZ xyz:TSLA | +0.0050% | 1h | 376.27 | −0.061% | $44.6M | $14.8M | 20x | as long as short |
| Polymarket Perps TSLA-USD | +0.0050% | 1h | 376.49 | −0.003% | $301K | $307K | 10x | as long as short |
| SoDEX TSLA-USD | +0.0050% | 1h | 376.54 | +0.011% | $4K | $3K | 10x | as long as short |
| Ondo Perps TSLA-USD.P | +0.0050% | 1h | 376.40 | −0.027% | $1.6M | $1.1M | 10x | as long as short |
| QFEX TSLA-USD | +0.0052% | 1h | 376.62 | +0.032% | $1.3M | $6.2M | 10x | as long as short |
| Lighter TSLA | +0.0072% | 1h | 376.54 | +0.011% | $836K | $3.7M | 20x | as long as short |
| Pacifica TSLA | +0.0100% | 1h | 376.44 | −0.016% | $390K | $37K | 10x | as long as short |
| KuCoin TSLAUSDTM | +0.0100% | 8h | 376.25 | −0.066% | $1.5M | $108K | 20x | as long as short |
| ApeX Omni TSLAUSDT | +0.0100% | 1h | 376.56 | +0.016% | $4K | $61K | 50x | as long as short |
| Orderly PERP_TSLA_USDC | +0.0100% | 8h | 376.35 | −0.040% | $41K | $23K | 20x | as long as short |
| Aevo TSLA-PERP | +0.0104% | 1h | 376.56 | +0.017% | $746 | — | 10x | as long as short |
| Coinbase International TSLA-PERP-INTXshort | +0.0136% | 1h | 376.48 | −0.005% | $508K | $347K | 10x | |
| RISEx TSLA/USDC | +0.0138% | 1h | 376.79 | +0.077% | $216K | $618K | 20x | as long as short |
| Bullet TSLA-USD | +0.0177% | 1h | 376.63 | +0.036% | $4K | $90K | 10x | as long as short |
| GRVT TSLA_USDT_Perp | +0.0183% | 8h | 376.88 | +0.101% | $856K | $2.8M | 10x | as long as short |
| Injective TSLA/USDC PERP | +0.0220% | 1h | 377.48 | +0.260% | $78K | $36K | 30x | as long as short |
| Nado TSLA-PERP | +0.0230% | 1h | 376.36 | −0.036% | $488K | $110K | 20x | as long as short |
| Phoenix TSLA | +0.0298% | 1h | 376.61 | +0.029% | $1.3M | $520K | 20x | as long as short |
Deribit TSLA_USDC-PERPETUAL
Coinbase International TSLA-PERP-INTX
edgeX TSLAUSDC
Aster TSLAUSDT
Extended TSLA_24_5-USD
Binance TSLAUSDT
Bybit TSLAUSDT
OKX TSLA-USDT-SWAP
Bitget TSLAUSDT
Variational Omni TSLA
StandX TSLA-USD
Phemex TSLAUSDT
BloFin TSLA-USDT
Gate TSLA_USDT
Aftermath Perps TSLAUSD
Lighter RH TSLA
tradeXYZ xyz:TSLA
Polymarket Perps TSLA-USD
SoDEX TSLA-USD
Lighter TSLA
Pacifica TSLA
KuCoin TSLAUSDTM
ApeX Omni TSLAUSDT
RISEx TSLA/USDC
Bullet TSLA-USD
GRVT TSLA_USDT_Perp
Injective TSLA/USDC PERP
Phoenix TSLA