Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.017%
Price spread now: KuCoin against Binance−0.111%7-day average −0.051% · you buy dearer than you sell
Net, funding: paid 7d − costs−$70as in the Funding arb table
Net, price: spread back to 7d avg − costs−$87as in the Price arb table
costs, in and out, $10k−$810.808% of the position
Funding, last 7 days+0.107%+$11 on $10k
+Price spread, last 2 days (all we have)+0.030%+$3 · spread now −0.111%, 7d avg −0.051%
=Funding pays, the price is against you. KuCoin is 0.059% cheaper against Binance than usual: you would sell low and buy high (spread −0.111% now, against its 7-day average of −0.051%). If the spread goes back, that is −$6 on $10k: about 47 hours of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance TSLAUSDT | 377.39 | 0 | get 0.0000% / 8h | 6h 34m | $47.3M | $110.1M | 25x |
| Short | KuCoin TSLAUSDTM | 376.97 | 0.0100 | get 0.0100% / 8h | 6h 34m | $1.5M | $106K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Binance. 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
- $21
- Price spread: −0.111% → −0.051%
- −$5.93
- Slippage, 4 orders
- −$58.82
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$65.75
- Costs to cover
- 0.808%
- Break-even
- 28.9 days
Slippage from Binance: live order book, 9 min ago; KuCoin: live order book, 6 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 Binance live order book, 9 min ago | 0.13 bp | 5.5 bp −$6 | 8.3 bp −$83 | 27.0 bp −$2,699 | doesn't fit |
| Sell KuCoin live order book, 6 min ago | 2.12 bp | 43.7 bp −$44 | doesn't fit | doesn't fit | doesn't fit |
TSLA on 35 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 | −0.0700% | 4h | 377.11 | −0.072% | $398K | $1.0M | 10x | as long as short |
| Hotstuff TSLA-PERP | −0.0032% | 1h | 377.03 | −0.095% | $34K | — | 20x | as long as short |
| Coinbase International TSLA-PERP-INTX | −0.0016% | 1h | 377.44 | +0.014% | $513K | $329K | 10x | as long as short |
| Aster TSLAUSDT | 0.0000% | 8h | 377.37 | −0.006% | $578K | $196K | 50x | as long as short |
| Extended TSLA_24_5-USD | 0.0000% | 1h | 377.30 | −0.023% | $481K | $10.2M | 10x | as long as short |
| Binance TSLAUSDTlong | 0.0000% | 8h | 377.39 | long leg | $47.3M | $110.1M | 25x | |
| Bybit TSLAUSDT | 0.0000% | 8h | 377.46 | +0.019% | $10.3M | $15.5M | 100x | as long as short |
| OKX TSLA-USDT-SWAP | 0.0000% | 8h | 377.38 | −0.002% | $11.2M | $16.7M | 25x | as long as short |
| RISEx TSLA/USDC | 0.0000% | 1h | 377.41 | +0.006% | $292K | $598K | 20x | as long as short |
| Gate TSLA_USDT | 0.0000% | 8h | 377.41 | +0.006% | $2.3M | $3.8M | 100x | as long as short |
Show all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget TSLAUSDT | 0.0000% | 8h | 377.34 | −0.013% | $16.9M | $22.8M | 100x | as long as short |
| Variational Omni TSLA | 0.0000% | 8h | 377.59 | +0.053% | $1.9M | $1.3M | — | as long as short |
| StandX TSLA-USD | 0.0000% | 1h | 377.38 | −0.002% | $200K | $908K | 20x | as long as short |
| Bullet TSLA-USD | 0.0000% | 1h | 377.39 | +0.002% | $6K | $93K | 10x | as long as short |
| Phemex TSLAUSDT | 0.0000% | 4h | 377.43 | +0.011% | $1.1M | $15K | 10x | as long as short |
| Aftermath Perps TSLAUSD | +0.0009% | 1h | 377.24 | −0.040% | $38K | $45K | 10x | as long as short |
| QFEX TSLA-USD | +0.0023% | 1h | 377.30 | −0.023% | $1.2M | $6.7M | 10x | as long as short |
| Lighter TSLA | +0.0032% | 1h | 377.29 | −0.026% | $824K | $3.6M | 20x | as long as short |
| Lighter RH TSLA | +0.0032% | 1h | 377.31 | −0.021% | $1.2M | $2.6M | 20x | as long as short |
| Arcus TSLA-USD | +0.0040% | 1h | 377.23 | −0.042% | $163K | $93K | 10x | as long as short |
| Vest TSLA-USD-PERP | +0.0046% | 1h | 377.35 | −0.010% | — | $130K | 25x | as long as short |
| GRVT TSLA_USDT_Perp | +0.0048% | 8h | 377.31 | −0.020% | $849K | $2.8M | 10x | as long as short |
| tradeXYZ xyz:TSLA | +0.0050% | 1h | 377.10 | −0.076% | $44.4M | $14.0M | 20x | as long as short |
| Polymarket Perps TSLA-USD | +0.0050% | 1h | 377.19 | −0.052% | $301K | $310K | 10x | as long as short |
| SoDEX TSLA-USD | +0.0050% | 1h | 377.28 | −0.028% | $4K | $3K | 10x | as long as short |
| Ondo Perps TSLA-USD.P | +0.0050% | 1h | 377.38 | −0.002% | $1.5M | $1.1M | 10x | as long as short |
| Nado TSLA-PERP | +0.0094% | 1h | 377.27 | −0.031% | $491K | $112K | 20x | as long as short |
| Pacifica TSLA | +0.0100% | 1h | 377.23 | −0.042% | $391K | $38K | 10x | as long as short |
| KuCoin TSLAUSDTMshort | +0.0100% | 8h | 376.97 | −0.111% | $1.5M | $106K | 20x | |
| ApeX Omni TSLAUSDT | +0.0100% | 1h | 377.54 | +0.040% | $4K | $61K | 50x | as long as short |
| Orderly PERP_TSLA_USDC | +0.0100% | 8h | 377.41 | +0.006% | $41K | $20K | 20x | as long as short |
| Aevo TSLA-PERP | +0.0104% | 1h | 377.29 | −0.026% | $747 | — | 10x | as long as short |
| Deribit TSLA_USDC-PERPETUAL | +0.0148% | 1h | 377.37 | −0.005% | $20K | $187K | 10x | as long as short |
| Injective TSLA/USDC PERP | +0.0220% | 1h | 378.50 | +0.295% | $79K | $36K | 30x | as long as short |
| Phoenix TSLA | +0.0255% | 1h | 377.47 | +0.022% | $1.3M | $539K | 20x | as long as short |
Binance TSLAUSDT
KuCoin TSLAUSDTM
edgeX TSLAUSDC
Coinbase International TSLA-PERP-INTX
Aster TSLAUSDT
Extended TSLA_24_5-USD
Bybit TSLAUSDT
OKX TSLA-USDT-SWAP
RISEx TSLA/USDC
Gate TSLA_USDT
Bitget TSLAUSDT
Variational Omni TSLA
StandX TSLA-USD
Bullet TSLA-USD
Phemex TSLAUSDT
Aftermath Perps TSLAUSD
Lighter TSLA
Lighter RH TSLA
GRVT TSLA_USDT_Perp
tradeXYZ xyz:TSLA
Polymarket Perps TSLA-USD
SoDEX TSLA-USD
Pacifica TSLA
ApeX Omni TSLAUSDT
Deribit TSLA_USDC-PERPETUAL
Injective TSLA/USDC PERP
Phoenix TSLA