Funding you earn now, next payment 04:00 UTC+0.0030%/8h= +3.3% APRnext payment +$0.04 per $10,000 · paid last 24h +0.007%
Price spread now: Coinbase International against tradeXYZ+0.043%50s7-day average −0.037% · you sell dearer than you buy
Net, funding: paid 7d − costs−$32as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$360.356% of the position
Funding, last 7 days+0.033%+$3 on $10k
+Price spread, last 4 days (all we have)−0.065%−$6 · spread now +0.043%, 7d avg −0.037%
=Together, before fees−0.032%+ Points / potential airdroptradeXYZ: Active · farm board−$3 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Coinbase International is 0.080% dearer against tradeXYZ than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.037%. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:TSLA | 375.97 | 0.0050 | pay 0.0006% / 1h | 14m 25s | $44.5M | $14.7M | 20x |
| Short | Coinbase International TSLA-PERP-INTX | 376.13 | 0.0080 | get 0.0010% / 1h | 14m 25s | $511K | $338K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against tradeXYZ. 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
- $6.3
- Price spread: +0.043% → −0.037%
- $7.97
- Slippage, 4 orders
- −$7.61
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$21.34
- Costs to cover
- 0.356%
- Break-even
- 30.7 days
Slippage from tradeXYZ: live order book, 4 min ago; Coinbase International: live order book, 39 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 tradeXYZ live order book, 4 min ago | 0.53 bp | 9.9 bp −$10 | 11.9 bp −$119 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 39 min ago | 2.26 bp | 8.0 bp −$8 | 10.7 bp −$107 | 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 | −0.0520% | 4h | 376.34 | +0.099% | $398K | $1.0M | 10x | as long as short |
| Aster TSLAUSDT | 0.0000% | 8h | 376.38 | +0.110% | $576K | $198K | 50x | as long as short |
| Extended TSLA_24_5-USD | 0.0000% | 1h | 376.23 | +0.070% | $480K | $2.7M | 10x | as long as short |
| Binance TSLAUSDT | 0.0000% | 8h | 376.30 | +0.088% | $47.0M | $112.4M | 25x | as long as short |
| Bybit TSLAUSDT | 0.0000% | 8h | 376.35 | +0.101% | $10.3M | $15.4M | 100x | as long as short |
| OKX TSLA-USDT-SWAP | 0.0000% | 8h | 376.26 | +0.077% | $11.3M | $16.8M | 25x | as long as short |
| RISEx TSLA/USDC | 0.0000% | 1h | 376.40 | +0.114% | $290K | $580K | 20x | as long as short |
| Hotstuff TSLA-PERP | 0.0000% | 1h | 376.08 | +0.029% | $34K | — | 20x | as long as short |
| Bitget TSLAUSDT | 0.0000% | 8h | 376.31 | +0.090% | $17.1M | $22.6M | 100x | as long as short |
| Variational Omni TSLA | 0.0000% | 8h | 376.39 | +0.111% | $1.9M | $1.3M | — | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| StandX TSLA-USD | 0.0000% | 1h | 376.46 | +0.130% | $200K | $895K | 20x | as long as short |
| Phemex TSLAUSDT | 0.0000% | 4h | 376.38 | +0.109% | $1.1M | $14K | 10x | as long as short |
| Aftermath Perps TSLAUSD | +0.0018% | 1h | 376.12 | +0.040% | $38K | $40K | 10x | as long as short |
| BloFin TSLA-USDT | +0.0022% | 8h | 376.34 | +0.098% | $576K | $353K | 20x | as long as short |
| Gate TSLA_USDT | +0.0026% | 8h | 376.38 | +0.109% | $2.3M | $3.5M | 100x | as long as short |
| Lighter RH TSLA | +0.0032% | 1h | 376.29 | +0.085% | $1.2M | $2.5M | 20x | as long as short |
| QFEX TSLA-USD | +0.0033% | 1h | 376.35 | +0.101% | $1.2M | $6.2M | 10x | as long as short |
| Arcus TSLA-USD | +0.0040% | 1h | 376.11 | +0.037% | $133K | $106K | 10x | as long as short |
| Vest TSLA-USD-PERP | +0.0046% | 1h | 376.27 | +0.080% | — | $128K | 25x | as long as short |
| tradeXYZ xyz:TSLAlong | +0.0050% | 1h | 375.97 | long leg | $44.5M | $14.7M | 20x | |
| Polymarket Perps TSLA-USD | +0.0050% | 1h | 376.17 | +0.053% | $300K | $309K | 10x | as long as short |
| SoDEX TSLA-USD | +0.0050% | 1h | 376.23 | +0.069% | $4K | $3K | 10x | as long as short |
| Ondo Perps TSLA-USD.P | +0.0050% | 1h | 376.05 | +0.021% | $1.6M | $1.1M | 10x | as long as short |
| Lighter TSLA | +0.0064% | 1h | 376.29 | +0.085% | $839K | $3.7M | 20x | as long as short |
| Coinbase International TSLA-PERP-INTXshort | +0.0080% | 1h | 376.13 | +0.043% | $511K | $338K | 10x | |
| GRVT TSLA_USDT_Perp | +0.0099% | 8h | 376.42 | +0.120% | $852K | $2.8M | 10x | as long as short |
| Pacifica TSLA | +0.0100% | 1h | 376.08 | +0.029% | $390K | $37K | 10x | as long as short |
| KuCoin TSLAUSDTM | +0.0100% | 8h | 376.18 | +0.056% | $1.5M | $105K | 20x | as long as short |
| ApeX Omni TSLAUSDT | +0.0100% | 1h | 376.11 | +0.037% | $4K | $62K | 50x | as long as short |
| Orderly PERP_TSLA_USDC | +0.0100% | 8h | 376.26 | +0.077% | $41K | $23K | 20x | as long as short |
| Aevo TSLA-PERP | +0.0104% | 1h | 376.25 | +0.074% | $745 | — | 10x | as long as short |
| Deribit TSLA_USDC-PERPETUAL | +0.0122% | 1h | 376.17 | +0.053% | $18K | $192K | 10x | as long as short |
| Bullet TSLA-USD | +0.0128% | 1h | 376.34 | +0.098% | $4K | $90K | 10x | as long as short |
| Nado TSLA-PERP | +0.0217% | 1h | 376.13 | +0.043% | $489K | $112K | 20x | as long as short |
| Injective TSLA/USDC PERP | +0.0220% | 1h | 377.78 | +0.481% | $79K | $36K | 30x | as long as short |
| Phoenix TSLA | +0.0276% | 1h | 376.28 | +0.082% | $1.3M | $540K | 20x | as long as short |
tradeXYZ xyz:TSLA
Coinbase International TSLA-PERP-INTX
edgeX TSLAUSDC
Aster TSLAUSDT
Extended TSLA_24_5-USD
Binance TSLAUSDT
Bybit TSLAUSDT
OKX TSLA-USDT-SWAP
RISEx TSLA/USDC
Bitget TSLAUSDT
Variational Omni TSLA
StandX TSLA-USD
Phemex TSLAUSDT
Aftermath Perps TSLAUSD
BloFin TSLA-USDT
Gate TSLA_USDT
Lighter RH TSLA
Polymarket Perps TSLA-USD
SoDEX TSLA-USD
Lighter TSLA
GRVT TSLA_USDT_Perp
Pacifica TSLA
KuCoin TSLAUSDTM
ApeX Omni TSLAUSDT
Deribit TSLA_USDC-PERPETUAL
Bullet TSLA-USD
Injective TSLA/USDC PERP
Phoenix TSLA