Funding you earn now, next payment 09:00 UTC+0.0811%/8h= +88.8% APRpaid last 24h +0.210%
Price spread now: tradeXYZ against edgeX−0.237%106s7-day average −0.046% · you buy dearer than you sell
Net, funding: paid 7d − costs−$20as 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−$380.380% of the position
Funding, last 7 days+0.182%+$18 on $10k
+Price spread, last 7 days+0.227%+$23 · spread now −0.237%, 7d avg −0.046%
=Together, before fees+0.409%+ Points / potential airdropedgeX: Active · tradeXYZ: Active · farm board+$41 on $10k · with fees, hour by hour
Funding pays, the price is against you. tradeXYZ is 0.191% cheaper against edgeX than usual: you would sell low and buy high (spread −0.237% now, against its 7-day average of −0.046%). If the spread goes back, that is −$19 on $10k: about 19 hours of funding at the current rate (+$24 a day). At the pace of the last 7 days (+0.182% in total) that is about 7.4 days. The two prices were read 106 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.182% in total (about 9.5% a year). A funding rate is set anew for every payment. 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 | edgeX TSLAUSDC | 375.83 | −0.0761 | get 0.0380% / 4h | 3h 33m | $397K | $1.0M | 10x |
| Short | tradeXYZ xyz:TSLA | 374.94 | 0.0050 | get 0.0006% / 1h | 33m 49s | $44.5M | $14.7M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ against edgeX. 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
- $170.24
- Price spread: −0.237% → −0.046%
- −$19.14
- Slippage, 4 orders
- −$11.02
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- $113.08
- Costs to cover
- 0.380%
- Break-even
- 2.4 days
Slippage from edgeX: live order book, 5 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 edgeX live order book, 5 min ago | 4.26 bp | 8.9 bp −$9 | 11.9 bp −$119 | 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 TSLAUSDClong | −0.0761% | 4h | 375.83 | long leg | $397K | $1.0M | 10x | |
| Bybit TSLAUSDT | 0.0000% | 8h | 375.29 | −0.144% | $10.2M | $15.3M | 100x | as long as short |
| OKX TSLA-USDT-SWAP | 0.0000% | 8h | 375.20 | −0.168% | $11.2M | $16.8M | 25x | as long as short |
| Gate TSLA_USDT | 0.0000% | 8h | 375.29 | −0.144% | $2.3M | $3.3M | 100x | as long as short |
| Bitget TSLAUSDT | 0.0000% | 8h | 375.11 | −0.192% | $17.3M | $23.0M | 100x | as long as short |
| StandX TSLA-USD | 0.0000% | 1h | 375.43 | −0.107% | $199K | $934K | 20x | as long as short |
| Deribit TSLA_USDC-PERPETUAL | 0.0000% | 1h | 375.54 | −0.078% | $18K | $191K | 10x | as long as short |
| Phemex TSLAUSDT | 0.0000% | 4h | 375.53 | −0.080% | $1.1M | $14K | 10x | as long as short |
| Aster TSLAUSDT | +0.0007% | 8h | 375.46 | −0.098% | $573K | $200K | 50x | as long as short |
| Aftermath Perps TSLAUSD | +0.0030% | 1h | 375.52 | −0.084% | $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 | −0.083% | $804K | $3.7M | 20x | as long as short |
| Lighter RH TSLA | +0.0032% | 1h | 375.56 | −0.072% | $1.2M | $2.5M | 20x | as long as short |
| Arcus TSLA-USD | +0.0040% | 1h | 375.21 | −0.166% | $134K | $107K | 10x | as long as short |
| Variational Omni TSLA | +0.0042% | 8h | 375.42 | −0.109% | $1.8M | $1.3M | — | as long as short |
| Vest TSLA-USD-PERP | +0.0046% | 1h | 375.42 | −0.110% | — | $126K | 25x | as long as short |
| QFEX TSLA-USD | +0.0048% | 1h | 375.40 | −0.115% | $1.2M | $6.2M | 10x | as long as short |
| tradeXYZ xyz:TSLAshort | +0.0050% | 1h | 374.94 | −0.237% | $44.5M | $14.7M | 20x | |
| Polymarket Perps TSLA-USD | +0.0050% | 1h | 375.15 | −0.181% | $300K | $161K | 10x | as long as short |
| SoDEX TSLA-USD | +0.0050% | 1h | 375.41 | −0.112% | $4K | $3K | 10x | as long as short |
| Ondo Perps TSLA-USD.P | +0.0050% | 1h | 375.45 | −0.102% | $1.6M | $1.1M | 10x | as long as short |
| Bullet TSLA-USD | +0.0063% | 1h | 375.40 | −0.115% | $5K | $92K | 10x | as long as short |
| Extended TSLA_24_5-USD | +0.0064% | 1h | 375.30 | −0.142% | $481K | $2.7M | 10x | as long as short |
| Binance TSLAUSDT | +0.0066% | 8h | 375.30 | −0.142% | $47.0M | $114.8M | 25x | as long as short |
| BloFin TSLA-USDT | +0.0091% | 8h | 375.48 | −0.094% | $580K | $358K | 20x | as long as short |
| GRVT TSLA_USDT_Perp | +0.0099% | 8h | 375.91 | +0.020% | $850K | $2.9M | 10x | as long as short |
| Pacifica TSLA | +0.0100% | 1h | 375.18 | −0.174% | $388K | $36K | 10x | as long as short |
| KuCoin TSLAUSDTM | +0.0100% | 8h | 375.32 | −0.136% | $1.5M | $2.3M | 20x | as long as short |
| ApeX Omni TSLAUSDT | +0.0100% | 1h | 375.45 | −0.102% | $4K | $62K | 50x | as long as short |
| Orderly PERP_TSLA_USDC | +0.0100% | 8h | 375.46 | −0.099% | $41K | $23K | 20x | as long as short |
| Aevo TSLA-PERP | +0.0104% | 1h | 375.49 | −0.091% | $743 | — | 10x | as long as short |
| Hotstuff TSLA-PERP | +0.0120% | 1h | 375.34 | −0.131% | $34K | — | 20x | as long as short |
| Nado TSLA-PERP | +0.0159% | 1h | 375.65 | −0.049% | $497K | $116K | 20x | as long as short |
| Coinbase International TSLA-PERP-INTX | +0.0160% | 1h | 375.48 | −0.094% | $506K | $355K | 10x | as long as short |
| Injective TSLA/USDC PERP | +0.0220% | 1h | 379.64 | +1.013% | $79K | $37K | 30x | as long as short |
| RISEx TSLA/USDC | +0.0290% | 1h | 375.42 | −0.110% | $214K | $654K | 20x | as long as short |
| Phoenix TSLA | +0.0404% | 1h | 375.66 | −0.046% | $1.3M | $507K | 20x | as long as short |
edgeX TSLAUSDC
tradeXYZ xyz:TSLA
Bybit TSLAUSDT
OKX TSLA-USDT-SWAP
Gate TSLA_USDT
Bitget TSLAUSDT
StandX TSLA-USD
Deribit TSLA_USDC-PERPETUAL
Phemex TSLAUSDT
Aster TSLAUSDT
Aftermath Perps TSLAUSD
Lighter TSLA
Lighter RH TSLA
Variational Omni TSLA
Polymarket Perps TSLA-USD
SoDEX TSLA-USD
Bullet TSLA-USD
Extended TSLA_24_5-USD
Binance TSLAUSDT
BloFin TSLA-USDT
GRVT TSLA_USDT_Perp
Pacifica TSLA
KuCoin TSLAUSDTM
ApeX Omni TSLAUSDT
Coinbase International TSLA-PERP-INTX
Injective TSLA/USDC PERP
RISEx TSLA/USDC
Phoenix TSLA