TSLA

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0573%/8h= +62.7% APRnext payment +$0.72 per $10,000 · paid last 24h −0.018%

Price spread now: Deribit against Coinbase International+0.027%7-day average +0.077% · 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−$310.305% of the position

Long on Coinbase International Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)+0.113%+$11 on $10k

Price spread, last 4 days (all we have)−0.003%$0 · spread now +0.027%, 7d avg +0.077%

Together, before fees+0.110%+$11 on $10k · with fees, hour by hour

Funding pays, the price is against you. Deribit is 0.050% cheaper against Coinbase International than usual: you would sell low and buy high (spread +0.027% now, against its 7-day average of +0.077%). If the spread goes back, that is −$5 on $10k: about 7 hours of funding at the current rate (+$17 a day). At the pace of the last 5 days (+0.113% in total) that is about 2.2 days.

The current funding rate is far above what this pair has been paying: over the last 5 days it paid 0.113% in total (about 8.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.72 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International TSLA-PERP-INTX	375.69	0.0136	pay 0.0017% / 1h	25m 51s	$505K	$350K	10x
Short	Deribit TSLA_USDC-PERPETUAL	375.79	0.0709	get 0.0089% / 1h	25m 51s	$18K	$194K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit against Coinbase International. 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

Position, each leg$Hold fordaysFee Coinbase InternationalbpFee DeribitbpOrdersPrice spread, now +0.027%Rate

Funding earned: $120.31
Price spread: +0.027% → +0.077%: −$5.05
Slippage, 4 orders: −$13.52
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: $84.74
Costs to cover: 0.305%
Break-even: 2.1 days

Slippage from Coinbase International: live order book, 17 min ago; Deribit: live order book, 18 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 Coinbase International live order book, 17 min ago	2.66 bp	7.9 bp −$8	9.7 bp −$97	doesn't fit	doesn't fit
Sell Deribit live order book, 18 min ago	3.73 bp	7.2 bp −$7	8.4 bp −$84	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	−0.0862%	4h	375.87	+0.049%	$398K	$1.0M	10x	as long as short
Aster TSLAUSDT	0.0000%	8h	375.88	+0.051%	$574K	$199K	50x	as long as short
Extended TSLA_24_5-USD	0.0000%	1h	375.77	+0.021%	$481K	$2.7M	10x	as long as short
Binance TSLAUSDT	0.0000%	8h	375.84	+0.040%	$47.1M	$113.5M	25x	as long as short
Bybit TSLAUSDT	0.0000%	8h	375.79	+0.027%	$10.2M	$15.4M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	375.78	+0.024%	$11.2M	$16.9M	25x	as long as short
Hotstuff TSLA-PERP	0.0000%	1h	375.51	−0.048%	$34K	—	20x	as long as short
Gate TSLA_USDT	0.0000%	8h	375.86	+0.045%	$2.3M	$3.5M	100x	as long as short
Bitget TSLAUSDT	0.0000%	8h	375.76	+0.019%	$17.1M	$22.9M	100x	as long as short
Variational Omni TSLA	0.0000%	8h	375.67	−0.006%	$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	375.82	+0.035%	$199K	$919K	20x	as long as short
Phemex TSLAUSDT	0.0000%	4h	375.86	+0.045%	$1.1M	$14K	10x	as long as short
Aftermath Perps TSLAUSD	+0.0027%	1h	375.73	+0.009%	$38K	$38K	10x	as long as short
BloFin TSLA-USDT	+0.0028%	8h	375.86	+0.045%	$578K	$356K	20x	as long as short
Lighter RH TSLA	+0.0032%	1h	375.74	+0.013%	$1.3M	$2.5M	20x	as long as short
Arcus TSLA-USD	+0.0040%	1h	375.61	−0.021%	$135K	$108K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	375.68	−0.003%	—	$119K	25x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	375.53	−0.043%	$44.5M	$14.9M	20x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	375.69	0.000%	$300K	$304K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	375.76	+0.019%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	375.36	−0.088%	$1.6M	$1.1M	10x	as long as short
QFEX TSLA-USD	+0.0052%	1h	375.79	+0.027%	$1.2M	$6.2M	10x	as long as short
Pacifica TSLA	+0.0100%	1h	375.67	−0.005%	$389K	$37K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	375.56	−0.035%	$1.4M	$107K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	375.63	−0.016%	$4K	$61K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	375.63	−0.016%	$41K	$23K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	375.77	+0.021%	$744	—	10x	as long as short
Coinbase International TSLA-PERP-INTXlong	+0.0136%	1h	375.69	long leg	$505K	$350K	10x
RISEx TSLA/USDC	+0.0138%	1h	375.87	+0.047%	$214K	$640K	20x	as long as short
Lighter TSLA	+0.0176%	1h	375.80	+0.029%	$820K	$3.7M	20x	as long as short
GRVT TSLA_USDT_Perp	+0.0207%	8h	375.78	+0.024%	$843K	$2.8M	10x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	379.41	+0.990%	$79K	$36K	30x	as long as short
Bullet TSLA-USD	+0.0240%	1h	375.85	+0.042%	$5K	$91K	10x	as long as short
Nado TSLA-PERP	+0.0293%	1h	375.47	−0.059%	$488K	$111K	20x	as long as short
Phoenix TSLA	+0.0318%	1h	375.82	+0.035%	$1.3M	$528K	20x	as long as short
Deribit TSLA_USDC-PERPETUALshort	+0.0709%	1h	375.79	+0.027%	$18K	$194K	10x