TSLA

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0110%/8h= −12.0% APRnext payment −$0.14 per $10,000 · paid last 24h −0.013%

Price spread now: tradeXYZ against Coinbase International−0.040%7-day average +0.035% · you buy dearer than you sell

Net, funding: paid 7d − costs−$40as in the Funding arb table

Net, price: spread back to 7d avg − costs−$44as in the Price arb table

costs, in and out, $10k−$360.360% of the position

Long on Coinbase International Short on tradeXYZ

What this pair did over the last

the charts below follow

Funding, last 7 days−0.036%−$4 on $10k

Price spread, last 4 days (all we have)+0.084%+$8 · spread now −0.040%, 7d avg +0.035%

Together, before fees+0.048%+ Points / potential airdroptradeXYZ: Active · farm board+$5 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and tradeXYZ is 0.075% cheaper against Coinbase International than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of +0.035%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International TSLA-PERP-INTX	375.48	0.0160	pay 0.0020% / 1h	33m 59s	$506K	$355K	10x
Short	tradeXYZ xyz:TSLA	375.33	0.0050	get 0.0006% / 1h	33m 59s	$44.5M	$14.7M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ 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 tradeXYZbpOrdersPrice spread, now −0.040%Rate

Funding earned: −$23.1
Price spread: −0.040% → +0.035%: −$7.54
Slippage, 4 orders: −$8.02
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: −$66.66
Costs to cover: 0.360%
Break-even: never at this rate

Slippage from Coinbase International: live order book, 64 min ago; tradeXYZ: 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 Coinbase International live order book, 64 min ago	2.79 bp	8.1 bp −$8	10.4 bp −$104	doesn't fit	doesn't fit
Sell tradeXYZ live order book, 4 min ago	0.40 bp	10.1 bp −$10	12.0 bp −$120	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	−0.0761%	4h	375.83	+0.094%	$397K	$1.0M	10x	as long as short
Bybit TSLAUSDT	0.0000%	8h	375.33	−0.040%	$10.2M	$15.3M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	375.33	−0.040%	$11.2M	$16.8M	25x	as long as short
Gate TSLA_USDT	0.0000%	8h	375.58	+0.027%	$2.3M	$3.3M	100x	as long as short
Bitget TSLAUSDT	0.0000%	8h	375.23	−0.067%	$17.2M	$23.0M	100x	as long as short
StandX TSLA-USD	0.0000%	1h	375.43	−0.013%	$199K	$934K	20x	as long as short
Deribit TSLA_USDC-PERPETUAL	0.0000%	1h	375.54	+0.016%	$18K	$191K	10x	as long as short
Phemex TSLAUSDT	0.0000%	4h	375.53	+0.013%	$1.1M	$14K	10x	as long as short
Aster TSLAUSDT	+0.0007%	8h	375.60	+0.031%	$573K	$200K	50x	as long as short
Aftermath Perps TSLAUSD	+0.0030%	1h	375.52	+0.009%	$38K	$35K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter TSLA	+0.0032%	1h	375.52	+0.011%	$804K	$3.7M	20x	as long as short
Lighter RH TSLA	+0.0032%	1h	375.56	+0.021%	$1.2M	$2.5M	20x	as long as short
Arcus TSLA-USD	+0.0040%	1h	375.21	−0.072%	$134K	$107K	10x	as long as short
Variational Omni TSLA	+0.0042%	8h	375.42	−0.015%	$1.8M	$1.3M	—	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	375.42	−0.016%	—	$126K	25x	as long as short
QFEX TSLA-USD	+0.0048%	1h	375.40	−0.021%	$1.2M	$6.2M	10x	as long as short
tradeXYZ xyz:TSLAshort	+0.0050%	1h	375.33	−0.040%	$44.5M	$14.7M	20x
Polymarket Perps TSLA-USD	+0.0050%	1h	375.15	−0.088%	$300K	$161K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	375.41	−0.019%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	375.45	−0.008%	$1.6M	$1.1M	10x	as long as short
Bullet TSLA-USD	+0.0063%	1h	375.40	−0.021%	$5K	$92K	10x	as long as short
Extended TSLA_24_5-USD	+0.0064%	1h	375.30	−0.048%	$481K	$2.7M	10x	as long as short
Binance TSLAUSDT	+0.0066%	8h	375.44	−0.010%	$47.1M	$114.8M	25x	as long as short
BloFin TSLA-USDT	+0.0091%	8h	375.48	0.000%	$580K	$358K	20x	as long as short
GRVT TSLA_USDT_Perp	+0.0099%	8h	375.91	+0.114%	$850K	$2.9M	10x	as long as short
Pacifica TSLA	+0.0100%	1h	375.18	−0.080%	$388K	$36K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	375.40	−0.021%	$1.5M	$2.3M	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	375.45	−0.008%	$4K	$62K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	375.46	−0.005%	$41K	$23K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	375.49	+0.002%	$743	—	10x	as long as short
Hotstuff TSLA-PERP	+0.0120%	1h	375.34	−0.037%	$34K	—	20x	as long as short
Nado TSLA-PERP	+0.0159%	1h	375.65	+0.045%	$497K	$116K	20x	as long as short
Coinbase International TSLA-PERP-INTXlong	+0.0160%	1h	375.48	long leg	$506K	$355K	10x
Injective TSLA/USDC PERP	+0.0220%	1h	379.64	+1.108%	$79K	$37K	30x	as long as short
RISEx TSLA/USDC	+0.0290%	1h	375.42	−0.016%	$214K	$654K	20x	as long as short
Phoenix TSLA	+0.0404%	1h	375.66	+0.048%	$1.3M	$507K	20x	as long as short