Funding you earn now, next payment 10:00 UTC+0.0003%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h −0.003%
Price spread now: QFEX against tradeXYZ+0.013%7-day average +0.035% · 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−$36as in the Price arb table
costs, in and out, $10k−$340.338% of the position
Funding, last 4 days (all we have)−0.029%−$3 on $10k
+Price spread, last 7 days−0.019%−$2 · spread now +0.013%, 7d avg +0.035%
=Together, before fees−0.048%+ Points / potential airdroptradeXYZ: Active · farm board−$5 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: QFEX is 0.022% cheaper against tradeXYZ than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.035%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:TSLA | 376.27 | 0.0050 | pay 0.0006% / 1h | 54m 27s | $44.7M | $14.8M | 20x |
| Short | QFEX TSLA-USD | 376.32 | 0.0053 | get 0.0007% / 1h | 54m 27s | $1.3M | $6.2M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX 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
- $0.67
- Price spread: +0.013% → +0.035%
- −$2.18
- Slippage, 4 orders
- −$5.76
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$35.27
- Costs to cover
- 0.338%
- Break-even
- 374.4 days
Slippage from tradeXYZ: live order book, 5 min ago; QFEX: live order book, 4 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, 5 min ago | 0.53 bp | 10.4 bp −$10 | 11.8 bp −$118 | doesn't fit | doesn't fit |
| Sell QFEX live order book, 4 min ago | 1.33 bp | 6.3 bp −$6 | 7.3 bp −$73 | 11.9 bp −$1,191 | 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 | −0.0815% | 4h | 376.81 | +0.144% | $396K | $1.0M | 10x | as long as short |
| Bybit TSLAUSDT | 0.0000% | 8h | 376.46 | +0.050% | $10.1M | $15.0M | 100x | as long as short |
| OKX TSLA-USDT-SWAP | 0.0000% | 8h | 376.61 | +0.090% | $11.2M | $16.8M | 25x | as long as short |
| Gate TSLA_USDT | 0.0000% | 8h | 376.48 | +0.056% | $2.3M | $3.2M | 100x | as long as short |
| Bitget TSLAUSDT | 0.0000% | 8h | 376.45 | +0.048% | $17.2M | $23.6M | 100x | as long as short |
| Deribit TSLA_USDC-PERPETUAL | 0.0000% | 1h | 376.29 | +0.005% | $18K | $192K | 10x | as long as short |
| Phemex TSLAUSDT | 0.0000% | 4h | 376.54 | +0.072% | $1.1M | $14K | 10x | as long as short |
| StandX TSLA-USD | +0.0009% | 1h | 376.49 | +0.058% | $200K | $967K | 20x | as long as short |
| Aftermath Perps TSLAUSD | +0.0023% | 1h | 376.41 | +0.038% | $38K | $36K | 10x | as long as short |
| Lighter RH TSLA | +0.0032% | 1h | 376.34 | +0.019% | $1.2M | $2.5M | 20x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus TSLA-USD | +0.0040% | 1h | 376.26 | −0.003% | $132K | $109K | 10x | as long as short |
| Vest TSLA-USD-PERP | +0.0046% | 1h | 376.43 | +0.043% | — | $126K | 25x | as long as short |
| Lighter TSLA | +0.0048% | 1h | 376.37 | +0.027% | $805K | $3.7M | 20x | as long as short |
| tradeXYZ xyz:TSLAlong | +0.0050% | 1h | 376.27 | long leg | $44.7M | $14.8M | 20x | |
| Polymarket Perps TSLA-USD | +0.0050% | 1h | 376.25 | −0.005% | $300K | $158K | 10x | as long as short |
| SoDEX TSLA-USD | +0.0050% | 1h | 376.41 | +0.037% | $4K | $3K | 10x | as long as short |
| Ondo Perps TSLA-USD.P | +0.0050% | 1h | 376.19 | −0.021% | $1.6M | $1.1M | 10x | as long as short |
| QFEX TSLA-USDshort | +0.0053% | 1h | 376.32 | +0.013% | $1.3M | $6.2M | 10x | |
| Aster TSLAUSDT | +0.0081% | 8h | 376.76 | +0.131% | $575K | $189K | 50x | as long as short |
| Pacifica TSLA | +0.0100% | 1h | 376.15 | −0.032% | $389K | $36K | 10x | as long as short |
| KuCoin TSLAUSDTM | +0.0100% | 8h | 376.24 | −0.008% | $1.4M | $2.8M | 20x | as long as short |
| ApeX Omni TSLAUSDT | +0.0100% | 1h | 376.47 | +0.053% | $4K | $62K | 50x | as long as short |
| Orderly PERP_TSLA_USDC | +0.0100% | 8h | 376.42 | +0.040% | $41K | $24K | 20x | as long as short |
| Aevo TSLA-PERP | +0.0104% | 1h | 376.59 | +0.084% | $746 | — | 10x | as long as short |
| Variational Omni TSLA | +0.0112% | 8h | 376.75 | +0.128% | $1.7M | $1.5M | — | as long as short |
| Coinbase International TSLA-PERP-INTX | +0.0120% | 1h | 376.82 | +0.146% | $508K | $367K | 10x | as long as short |
| BloFin TSLA-USDT | +0.0132% | 8h | 376.55 | +0.074% | $579K | $365K | 20x | as long as short |
| Extended TSLA_24_5-USD | +0.0136% | 1h | 376.32 | +0.012% | $481K | $2.7M | 10x | as long as short |
| Binance TSLAUSDT | +0.0139% | 8h | 376.54 | +0.072% | $47.2M | $115.4M | 25x | as long as short |
| Hotstuff TSLA-PERP | +0.0152% | 1h | 376.17 | −0.027% | $34K | — | 20x | as long as short |
| Bullet TSLA-USD | +0.0174% | 1h | 376.57 | +0.080% | $6K | $93K | 10x | as long as short |
| RISEx TSLA/USDC | +0.0175% | 1h | 376.49 | +0.058% | $215K | $652K | 20x | as long as short |
| Injective TSLA/USDC PERP | +0.0220% | 1h | 379.42 | +0.837% | $79K | $37K | 30x | as long as short |
| Nado TSLA-PERP | +0.0243% | 1h | 376.26 | −0.002% | $499K | $111K | 20x | as long as short |
| Phoenix TSLA | +0.0404% | 1h | 377.00 | +0.194% | $1.3M | $502K | 20x | as long as short |
| GRVT TSLA_USDT_Perp | +0.0683% | 8h | 377.11 | +0.223% | $849K | $2.9M | 10x | as long as short |
tradeXYZ xyz:TSLA
edgeX TSLAUSDC
Bybit TSLAUSDT
OKX TSLA-USDT-SWAP
Gate TSLA_USDT
Bitget TSLAUSDT
Deribit TSLA_USDC-PERPETUAL
Phemex TSLAUSDT
StandX TSLA-USD
Aftermath Perps TSLAUSD
Lighter RH TSLA
Lighter TSLA
Polymarket Perps TSLA-USD
SoDEX TSLA-USD
Aster TSLAUSDT
Pacifica TSLA
KuCoin TSLAUSDTM
ApeX Omni TSLAUSDT
Variational Omni TSLA
Coinbase International TSLA-PERP-INTX
BloFin TSLA-USDT
Extended TSLA_24_5-USD
Binance TSLAUSDT
Bullet TSLA-USD
RISEx TSLA/USDC
Injective TSLA/USDC PERP
Phoenix TSLA
GRVT TSLA_USDT_Perp