TSLA

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0248%/8h= +27.1% APRnext payment +$0.31 per $10,000 · paid last 24h +0.009%

Price spread now: Pacifica against Deribit+0.040%7-day average −0.019% · 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−$27as in the Price arb table

costs, in and out, $10k−$330.328% of the position

Long on Deribit Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)−0.060%−$6 on $10k

Price spread, last 3 days (all we have)−0.057%−$6 · spread now +0.040%, 7d avg −0.019%

Together, before fees−0.117%+ Points / potential airdropPacifica: Active · farm board−$12 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Pacifica is 0.059% dearer against Deribit than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.019%. Mind the row above: over the last 5 days funding on this pair cost −0.060%, so the current rate has only just turned in your favour.

The current funding rate is far above what this pair has been paying: over the last 5 days it paid -0.060% in total (about -4.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.31 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit TSLA_USDC-PERPETUAL	377.19	−0.0148	get 0.0018% / 1h	23m 28s	$20K	$187K	10x
Short	Pacifica TSLA	377.34	0.0100	get 0.0013% / 1h	23m 28s	$391K	$37K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica 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

Position, each leg$Hold fordaysFee DeribitbpFee PacificabpOrdersPrice spread, now +0.040%Rate

Funding earned: $51.98
Price spread: +0.040% → −0.019%: $5.88
Slippage, 4 orders: −$17.81
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee Pacifica: 4 bp × 2 orders: −$8
Net: $25.05
Costs to cover: 0.328%
Break-even: 3.6 days

Slippage from Deribit: live order book, 45 min ago; Pacifica: live order book, 45 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, 45 min ago	0.13 bp	9.4 bp −$9	12.8 bp −$128	doesn't fit	doesn't fit
Sell Pacifica live order book, 45 min ago	1.60 bp	14.1 bp −$14	doesn't fit	doesn't fit	doesn't fit

TSLA on 35 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	−0.0846%	4h	377.43	+0.063%	$399K	$1.0M	10x	as long as short
Deribit TSLA_USDC-PERPETUALlong	−0.0148%	1h	377.19	long leg	$20K	$187K	10x
Coinbase International TSLA-PERP-INTX	−0.0016%	1h	377.33	+0.037%	$513K	$329K	10x	as long as short
Aster TSLAUSDT	0.0000%	8h	377.39	+0.053%	$578K	$196K	50x	as long as short
Extended TSLA_24_5-USD	0.0000%	1h	377.39	+0.053%	$481K	$9.7M	10x	as long as short
Binance TSLAUSDT	0.0000%	8h	377.48	+0.077%	$47.3M	$110.6M	25x	as long as short
Bybit TSLAUSDT	0.0000%	8h	377.59	+0.106%	$10.3M	$15.6M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	377.44	+0.066%	$11.2M	$16.8M	25x	as long as short
RISEx TSLA/USDC	0.0000%	1h	377.51	+0.085%	$290K	$599K	20x	as long as short
Bitget TSLAUSDT	0.0000%	8h	377.39	+0.053%	$17.0M	$22.9M	100x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni TSLA	0.0000%	8h	377.35	+0.043%	$1.9M	$1.4M	—	as long as short
StandX TSLA-USD	0.0000%	1h	377.38	+0.050%	$200K	$909K	20x	as long as short
Bullet TSLA-USD	0.0000%	1h	377.49	+0.080%	$6K	$92K	10x	as long as short
Phemex TSLAUSDT	0.0000%	4h	377.45	+0.069%	$1.1M	$15K	10x	as long as short
Aftermath Perps TSLAUSD	+0.0010%	1h	377.19	0.000%	$38K	$45K	10x	as long as short
QFEX TSLA-USD	+0.0023%	1h	377.38	+0.050%	$1.2M	$6.7M	10x	as long as short
GRVT TSLA_USDT_Perp	+0.0025%	8h	377.48	+0.076%	$853K	$2.8M	10x	as long as short
Lighter TSLA	+0.0032%	1h	377.47	+0.074%	$824K	$3.6M	20x	as long as short
Lighter RH TSLA	+0.0032%	1h	377.49	+0.080%	$1.2M	$2.6M	20x	as long as short
Gate TSLA_USDT	+0.0034%	8h	377.49	+0.080%	$2.3M	$3.8M	100x	as long as short
Arcus TSLA-USD	+0.0040%	1h	377.28	+0.024%	$163K	$93K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	377.48	+0.077%	—	$130K	25x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	377.25	+0.016%	$44.3M	$14.1M	20x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	377.30	+0.029%	$301K	$311K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	377.40	+0.056%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	377.26	+0.019%	$1.5M	$1.1M	10x	as long as short
Hotstuff TSLA-PERP	+0.0072%	1h	377.23	+0.011%	$34K	—	20x	as long as short
Pacifica TSLAshort	+0.0100%	1h	377.34	+0.040%	$391K	$37K	10x
KuCoin TSLAUSDTM	+0.0100%	8h	377.15	−0.011%	$1.5M	$105K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	377.26	+0.019%	$4K	$61K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	377.32	+0.034%	$41K	$20K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	377.39	+0.054%	$747	—	10x	as long as short
Nado TSLA-PERP	+0.0110%	1h	377.40	+0.056%	$491K	$112K	20x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	378.38	+0.315%	$79K	$36K	30x	as long as short
Phoenix TSLA	+0.0255%	1h	377.56	+0.098%	$1.3M	$539K	20x	as long as short