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

TSLA

RWAall TSLA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0020%/8h= +2.2% APRnext payment +$0.02 per $10,000 · paid last 24h +0.012%
Price spread now: Coinbase International against QFEX−0.218%7-day average −0.084% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$43as in the Price arb table
costs, in and out, $10k−$300.295% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.032%+$3 on $10k
Price spread, last 3 days (all we have)+0.172%+$17 · spread now −0.218%, 7d avg −0.084%
Together, before fees+0.204%+$20 on $10k · with fees, hour by hour
Funding pays, the price is against you. Coinbase International is 0.134% cheaper against QFEX than usual: you would sell low and buy high (spread −0.218% now, against its 7-day average of −0.084%). If the spread goes back, that is −$13 on $10k: about 22 days of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX TSLA-USD375.930.0028pay 0.0004% / 1h32m 55s$1.2M$7.1M10x
ShortCoinbase International TSLA-PERP-INTX375.110.0048get 0.0006% / 1h32m 55s$529K$307K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against QFEX. 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
$4.18
Price spread: −0.218% → −0.084%
−$13.37
Slippage, 4 orders
−$9.51
Fee QFEX: 5 bp × 2 orders
−$10
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$38.7
Costs to cover
0.295%
Break-even
71.8 days
Slippage from QFEX: live order book, 6 min ago; Coinbase International: live order book, 40 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 QFEX live order book, 6 min ago1.46 bp6.5 bp −$67.7 bp −$7713.7 bp −$1,373doesn't fit
Sell Coinbase International live order book, 40 min ago2.53 bp8.2 bp −$810.6 bp −$106doesn'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−0.0888%4h376.12+0.050%$398K$1.0M10xas long as short
Aster TSLAUSDT0.0000%8h376.01+0.020%$585K$191K50xas long as short
Extended TSLA_24_5-USD0.0000%1h376.12+0.050%$484K$11.6M10xas long as short
Binance TSLAUSDT0.0000%8h376.25+0.085%$47.0M$109.4M25xas long as short
Bybit TSLAUSDT0.0000%8h376.15+0.059%$10.2M$15.4M100xas long as short
OKX TSLA-USDT-SWAP0.0000%8h376.24+0.082%$11.2M$16.8M25xas long as short
Gate TSLA_USDT0.0000%8h376.04+0.029%$2.3M$3.9M100xas long as short
Bitget TSLAUSDT0.0000%8h376.05+0.032%$16.8M$22.6M100xas long as short
Variational Omni TSLA0.0000%8h376.19+0.068%$1.9M$1.3Mas long as short
StandX TSLA-USD0.0000%1h376.20+0.072%$200K$893K20xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit TSLA_USDC-PERPETUAL0.0000%1h375.930.000%$20K$186K10xas long as short
Phemex TSLAUSDT0.0000%4h376.10+0.045%$1.1M$13K10xas long as short
Aftermath Perps TSLAUSD+0.0009%1h376.01+0.021%$38K$46K10xas long as short
BloFin TSLA-USDT+0.0025%8h376.08+0.040%$571K$339K20xas long as short
QFEX TSLA-USDlong+0.0028%1h375.93long leg$1.2M$7.1M10x
Lighter TSLA+0.0032%1h376.07+0.037%$716K$3.4M20xas long as short
Lighter RH TSLA+0.0032%1h376.09+0.043%$1.2M$2.6M20xas long as short
Arcus TSLA-USD+0.0040%1h375.98+0.013%$163K$93K10xas long as short
Vest TSLA-USD-PERP+0.0046%1h376.03+0.027%$133K25xas long as short
Coinbase International TSLA-PERP-INTXshort+0.0048%1h375.11−0.218%$529K$307K10x
tradeXYZ xyz:TSLA+0.0050%1h375.89−0.011%$44.2M$14.2M20xas long as short
Polymarket Perps TSLA-USD+0.0050%1h375.90−0.008%$298K$308K10xas long as short
SoDEX TSLA-USD+0.0050%1h375.97+0.011%$4K$3K10xas long as short
Ondo Perps TSLA-USD.P+0.0050%1h375.85−0.021%$1.6M$1.0M10xas long as short
RISEx TSLA/USDC+0.0079%1h376.09+0.043%$291K$598K20xas long as short
GRVT TSLA_USDT_Perp+0.0081%8h376.28+0.094%$846K$2.8M10xas long as short
Pacifica TSLA+0.0100%1h375.88−0.013%$389K$38K10xas long as short
KuCoin TSLAUSDTM+0.0100%8h375.83−0.027%$1.5M$106K20xas long as short
ApeX Omni TSLAUSDT+0.0100%1h376.06+0.035%$4K$62K50xas long as short
Orderly PERP_TSLA_USDC+0.0100%8h376.09+0.043%$41K$20K20xas long as short
Aevo TSLA-PERP+0.0104%1h375.96+0.007%$74410xas long as short
Bullet TSLA-USD+0.0120%1h376.09+0.043%$5K$92K10xas long as short
Nado TSLA-PERP+0.0138%1h375.92−0.002%$489K$112K20xas long as short
Hotstuff TSLA-PERP+0.0216%1h375.83−0.027%$34K20xas long as short
Injective TSLA/USDC PERP+0.0220%1h377.22+0.343%$78K$36K30xas long as short
Phoenix TSLA+0.0277%1h376.07+0.037%$1.3M$547K20xas long as short