Funding you earn now, next payment 01:00 UTC−0.0050%/8h= −5.5% APRnext payment −$0.06 per $10,000 · paid last 24h −0.014%
Price spread now: tradeXYZ against Pacifica0.000%7-day average −0.023% · you sell dearer than you buy
Net, funding: paid 7d − costs−$47as in the Funding arb table
Net, price: spread back to 7d avg − costs−$38as in the Price arb table
costs, in and out, $10k−$400.400% of the position
Funding, last 7 days−0.067%−$7 on $10k
+Price spread, last 4 days (all we have)−0.007%−$1 · spread now 0.000%, 7d avg −0.023%
=Together, before fees−0.074%+ Points / potential airdropPacifica: Active · tradeXYZ: Active · farm board−$7 on $10k · with fees, hour by hour
The price spread pays, funding is against you. tradeXYZ is 0.023% dearer against Pacifica than usual: you sell high and buy low (spread 0.000% now, against its 7-day average of −0.023%): +$2 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 36 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica TSLA | 376.57 | 0.0100 | pay 0.0013% / 1h | 2m 39s | $390K | $38K | 10x |
| Short | tradeXYZ xyz:TSLA | 376.57 | 0.0050 | get 0.0006% / 1h | 2m 39s | $44.3M | $14.1M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ against Pacifica. 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
- −$10.5
- Price spread: 0.000% → −0.023%
- $2.25
- Slippage, 4 orders
- −$13.99
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$48.24
- Costs to cover
- 0.400%
- Break-even
- never at this rate
Slippage from Pacifica: live order book, 6 min ago; tradeXYZ: live order book, 7 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 Pacifica live order book, 6 min ago | 1.60 bp | 5.6 bp −$6 | doesn't fit | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 7 min ago | 0.66 bp | 10.2 bp −$10 | 12.4 bp −$124 | 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 | −0.006% | $398K | $1.0M | 10x | as long as short |
| Aster TSLAUSDT | 0.0000% | 8h | 376.58 | +0.004% | $577K | $195K | 50x | as long as short |
| Extended TSLA_24_5-USD | 0.0000% | 1h | 376.73 | +0.041% | $479K | $10.8M | 10x | as long as short |
| Binance TSLAUSDT | 0.0000% | 8h | 376.81 | +0.064% | $47.1M | $109.4M | 25x | as long as short |
| Bybit TSLAUSDT | 0.0000% | 8h | 376.80 | +0.061% | $10.2M | $15.5M | 100x | as long as short |
| OKX TSLA-USDT-SWAP | 0.0000% | 8h | 376.72 | +0.040% | $11.2M | $16.6M | 25x | as long as short |
| Gate TSLA_USDT | 0.0000% | 8h | 376.80 | +0.061% | $2.3M | $4.0M | 100x | as long as short |
| Bitget TSLAUSDT | 0.0000% | 8h | 376.69 | +0.032% | $16.9M | $22.7M | 100x | as long as short |
| Variational Omni TSLA | 0.0000% | 8h | 376.72 | +0.039% | $1.9M | $1.3M | — | as long as short |
| StandX TSLA-USD | 0.0000% | 1h | 376.77 | +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 | 376.73 | +0.042% | $20K | $186K | 10x | as long as short |
| Phemex TSLAUSDT | 0.0000% | 4h | 376.74 | +0.045% | $1.1M | $13K | 10x | as long as short |
| Aftermath Perps TSLAUSD | +0.0010% | 1h | 376.44 | −0.035% | $39K | $46K | 10x | as long as short |
| BloFin TSLA-USDT | +0.0014% | 8h | 376.59 | +0.005% | $573K | $339K | 20x | as long as short |
| QFEX TSLA-USD | +0.0028% | 1h | 376.65 | +0.021% | $1.2M | $6.9M | 10x | as long as short |
| Lighter TSLA | +0.0032% | 1h | 376.79 | +0.058% | $830K | $3.6M | 20x | as long as short |
| Lighter RH TSLA | +0.0032% | 1h | 376.84 | +0.072% | $1.2M | $2.6M | 20x | as long as short |
| Arcus TSLA-USD | +0.0040% | 1h | 376.60 | +0.008% | $163K | $93K | 10x | as long as short |
| Vest TSLA-USD-PERP | +0.0046% | 1h | 376.72 | +0.040% | — | $133K | 25x | as long as short |
| Coinbase International TSLA-PERP-INTX | +0.0048% | 1h | 375.11 | −0.388% | $529K | $307K | 10x | as long as short |
| tradeXYZ xyz:TSLAshort | +0.0050% | 1h | 376.57 | 0.000% | $44.3M | $14.1M | 20x | |
| Polymarket Perps TSLA-USD | +0.0050% | 1h | 376.53 | −0.011% | $301K | $310K | 10x | as long as short |
| SoDEX TSLA-USD | +0.0050% | 1h | 376.73 | +0.042% | $4K | $3K | 10x | as long as short |
| Ondo Perps TSLA-USD.P | +0.0050% | 1h | 376.45 | −0.032% | $1.5M | $1.1M | 10x | as long as short |
| Bullet TSLA-USD | +0.0074% | 1h | 376.78 | +0.056% | $6K | $92K | 10x | as long as short |
| RISEx TSLA/USDC | +0.0079% | 1h | 376.79 | +0.058% | $292K | $598K | 20x | as long as short |
| Pacifica TSLAlong | +0.0100% | 1h | 376.57 | long leg | $390K | $38K | 10x | |
| KuCoin TSLAUSDTM | +0.0100% | 8h | 376.52 | −0.013% | $1.5M | $106K | 20x | as long as short |
| ApeX Omni TSLAUSDT | +0.0100% | 1h | 376.47 | −0.027% | $4K | $62K | 50x | as long as short |
| Orderly PERP_TSLA_USDC | +0.0100% | 8h | 376.77 | +0.053% | $41K | $20K | 20x | as long as short |
| Aevo TSLA-PERP | +0.0104% | 1h | 376.67 | +0.027% | $746 | — | 10x | as long as short |
| Nado TSLA-PERP | +0.0132% | 1h | 376.64 | +0.019% | $490K | $112K | 20x | as long as short |
| Hotstuff TSLA-PERP | +0.0152% | 1h | 376.50 | −0.019% | $34K | — | 20x | as long as short |
| GRVT TSLA_USDT_Perp | +0.0175% | 8h | 376.75 | +0.048% | $850K | $2.7M | 10x | as long as short |
| Injective TSLA/USDC PERP | +0.0220% | 1h | 377.21 | +0.170% | $78K | $36K | 30x | as long as short |
| Phoenix TSLA | +0.0277% | 1h | 376.82 | +0.066% | $1.3M | $547K | 20x | as long as short |
Pacifica TSLA
tradeXYZ xyz:TSLA
edgeX TSLAUSDC
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
Deribit TSLA_USDC-PERPETUAL
Phemex TSLAUSDT
Aftermath Perps TSLAUSD
BloFin TSLA-USDT
Lighter TSLA
Lighter RH TSLA
Coinbase International TSLA-PERP-INTX
Polymarket Perps TSLA-USD
SoDEX TSLA-USD
Bullet TSLA-USD
RISEx TSLA/USDC
KuCoin TSLAUSDTM
ApeX Omni TSLAUSDT
GRVT TSLA_USDT_Perp
Injective TSLA/USDC PERP
Phoenix TSLA