Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.030%
Price spread now: Bybit against KuCoin+0.088%7-day average +0.057% · you sell dearer than you buy
Net, funding: paid 7d − costs−$98as in the Funding arb table
Net, price: spread back to 7d avg − costs−$80as in the Price arb table
costs, in and out, $10k−$830.829% of the position
Funding, last 7 days−0.151%−$15 on $10k
+Price spread, last 7 days−0.041%−$4 · spread now +0.088%, 7d avg +0.057%
=The price spread pays, funding is against you. Bybit is 0.031% dearer against KuCoin than usual: you sell high and buy low (spread +0.088% now, against its 7-day average of +0.057%): +$3 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 25 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin TSLAUSDTM | 376.40 | 0.0100 | pay 0.0100% / 8h | 7h 05m | $1.5M | $106K | 20x |
| Short | Bybit TSLAUSDT | 376.73 | 0 | get 0.0000% / 8h | 7h 05m | $10.2M | $15.5M | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against KuCoin. 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
- −$21
- Price spread: +0.088% → +0.057%
- $3.07
- Slippage, 4 orders
- −$59.9
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$100.83
- Costs to cover
- 0.829%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 5 min ago; Bybit: live order book, 3 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 KuCoin live order book, 5 min ago | 3.32 bp | 24.9 bp −$25 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 3 min ago | 0.40 bp | 6.4 bp −$6 | 10.3 bp −$103 | 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 | −0.0083% | 4h | 376.55 | +0.040% | $398K | $1.0M | 10x | as long as short |
| Aster TSLAUSDT | 0.0000% | 8h | 376.42 | +0.006% | $576K | $195K | 50x | as long as short |
| Extended TSLA_24_5-USD | 0.0000% | 1h | 376.63 | +0.062% | $479K | $10.9M | 10x | as long as short |
| Binance TSLAUSDT | 0.0000% | 8h | 376.72 | +0.085% | $47.1M | $109.3M | 25x | as long as short |
| Bybit TSLAUSDTshort | 0.0000% | 8h | 376.73 | +0.088% | $10.2M | $15.5M | 100x | |
| OKX TSLA-USDT-SWAP | 0.0000% | 8h | 376.73 | +0.088% | $11.2M | $16.6M | 25x | as long as short |
| Gate TSLA_USDT | 0.0000% | 8h | 376.71 | +0.082% | $2.3M | $3.9M | 100x | as long as short |
| Bitget TSLAUSDT | 0.0000% | 8h | 376.63 | +0.061% | $16.9M | $22.7M | 100x | as long as short |
| Variational Omni TSLA | 0.0000% | 8h | 376.72 | +0.084% | $1.9M | $1.3M | — | as long as short |
| StandX TSLA-USD | 0.0000% | 1h | 376.60 | +0.053% | $200K | $904K | 20x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit TSLA_USDC-PERPETUAL | 0.0000% | 1h | 376.53 | +0.035% | $20K | $186K | 10x | as long as short |
| Phemex TSLAUSDT | 0.0000% | 4h | 376.68 | +0.074% | $1.1M | $13K | 10x | as long as short |
| BloFin TSLA-USDT | +0.0008% | 8h | 376.59 | +0.050% | $573K | $339K | 20x | as long as short |
| Aftermath Perps TSLAUSD | +0.0010% | 1h | 376.23 | −0.045% | $38K | $46K | 10x | as long as short |
| QFEX TSLA-USD | +0.0028% | 1h | 376.65 | +0.066% | $1.2M | $6.9M | 10x | as long as short |
| Lighter TSLA | +0.0032% | 1h | 376.72 | +0.085% | $830K | $3.6M | 20x | as long as short |
| Lighter RH TSLA | +0.0032% | 1h | 376.74 | +0.090% | $1.2M | $2.6M | 20x | as long as short |
| Arcus TSLA-USD | +0.0040% | 1h | 376.49 | +0.024% | $163K | $93K | 10x | as long as short |
| Vest TSLA-USD-PERP | +0.0046% | 1h | 376.66 | +0.069% | — | $133K | 25x | as long as short |
| Coinbase International TSLA-PERP-INTX | +0.0048% | 1h | 375.11 | −0.343% | $529K | $307K | 10x | as long as short |
| tradeXYZ xyz:TSLA | +0.0050% | 1h | 376.45 | +0.013% | $44.3M | $14.1M | 20x | as long as short |
| Polymarket Perps TSLA-USD | +0.0050% | 1h | 376.48 | +0.021% | $301K | $310K | 10x | as long as short |
| SoDEX TSLA-USD | +0.0050% | 1h | 376.66 | +0.069% | $4K | $3K | 10x | as long as short |
| Ondo Perps TSLA-USD.P | +0.0050% | 1h | 376.42 | +0.005% | $1.5M | $1.1M | 10x | as long as short |
| Bullet TSLA-USD | +0.0076% | 1h | 376.72 | +0.085% | $6K | $92K | 10x | as long as short |
| RISEx TSLA/USDC | +0.0079% | 1h | 376.72 | +0.085% | $292K | $598K | 20x | as long as short |
| Pacifica TSLA | +0.0100% | 1h | 376.51 | +0.029% | $390K | $38K | 10x | as long as short |
| KuCoin TSLAUSDTMlong | +0.0100% | 8h | 376.40 | long leg | $1.5M | $106K | 20x | |
| ApeX Omni TSLAUSDT | +0.0100% | 1h | 376.30 | −0.027% | $4K | $62K | 50x | as long as short |
| Orderly PERP_TSLA_USDC | +0.0100% | 8h | 376.67 | +0.072% | $41K | $20K | 20x | as long as short |
| Hotstuff TSLA-PERP | +0.0104% | 1h | 376.48 | +0.021% | $34K | — | 20x | as long as short |
| Aevo TSLA-PERP | +0.0104% | 1h | 376.60 | +0.054% | $746 | — | 10x | as long as short |
| Nado TSLA-PERP | +0.0132% | 1h | 376.63 | +0.060% | $490K | $112K | 20x | as long as short |
| GRVT TSLA_USDT_Perp | +0.0138% | 8h | 376.58 | +0.048% | $850K | $2.7M | 10x | as long as short |
| Injective TSLA/USDC PERP | +0.0220% | 1h | 377.21 | +0.215% | $78K | $36K | 30x | as long as short |
| Phoenix TSLA | +0.0277% | 1h | 376.82 | +0.112% | $1.3M | $547K | 20x | as long as short |
KuCoin TSLAUSDTM
Bybit TSLAUSDT
edgeX TSLAUSDC
Aster TSLAUSDT
Extended TSLA_24_5-USD
Binance TSLAUSDT
OKX TSLA-USDT-SWAP
Gate TSLA_USDT
Bitget TSLAUSDT
Variational Omni TSLA
StandX TSLA-USD
Deribit TSLA_USDC-PERPETUAL
Phemex TSLAUSDT
BloFin TSLA-USDT
Aftermath Perps TSLAUSD
Lighter TSLA
Lighter RH TSLA
Coinbase International TSLA-PERP-INTX
tradeXYZ xyz:TSLA
Polymarket Perps TSLA-USD
SoDEX TSLA-USD
Bullet TSLA-USD
RISEx TSLA/USDC
Pacifica TSLA
ApeX Omni TSLAUSDT
GRVT TSLA_USDT_Perp
Injective TSLA/USDC PERP
Phoenix TSLA