Funding you earn now, next payment 07:00 UTC−0.0524%/8h= −57.4% APRnext payment −$0.66 per $10,000 · paid last 24h +0.005%
Price spread now: QFEX against Deribit+0.019%7-day average +0.007% · 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−$28as in the Price arb table
costs, in and out, $10k−$290.290% of the position
Funding, last 4 days (all we have)−0.170%−$17 on $10k
+Price spread, last 4 days (all we have)+0.004%$0 · spread now +0.019%, 7d avg +0.007%
=The price spread sits at its 7-day average of +0.007%, so right now this pair is about funding alone: −$16 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.170% in total (about -16.9% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.66 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 | Deribit TSLA_USDC-PERPETUAL | 375.72 | 0.0576 | pay 0.0072% / 1h | 26m 30s | $18K | $194K | 10x |
| Short | QFEX TSLA-USD | 375.79 | 0.0052 | get 0.0006% / 1h | 26m 30s | $1.2M | $6.2M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX against Deribit. 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
- −$110.04
- Price spread: +0.019% → +0.007%
- $1.19
- Slippage, 4 orders
- −$11.98
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$137.83
- Costs to cover
- 0.290%
- Break-even
- never at this rate
Slippage from Deribit: live order book, 17 min ago; QFEX: live order book, 7 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 Deribit live order book, 17 min ago | 3.73 bp | 7.2 bp −$7 | 8.1 bp −$81 | doesn't fit | doesn't fit |
| Sell QFEX live order book, 7 min ago | 2.26 bp | 7.3 bp −$7 | 7.7 bp −$77 | 14.7 bp −$1,468 | 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 | +0.041% | $398K | $1.0M | 10x | as long as short |
| Aster TSLAUSDT | 0.0000% | 8h | 375.88 | +0.042% | $574K | $199K | 50x | as long as short |
| Extended TSLA_24_5-USD | 0.0000% | 1h | 375.78 | +0.015% | $481K | $2.7M | 10x | as long as short |
| Binance TSLAUSDT | 0.0000% | 8h | 375.85 | +0.035% | $47.1M | $113.4M | 25x | as long as short |
| Bybit TSLAUSDT | 0.0000% | 8h | 375.79 | +0.019% | $10.2M | $15.4M | 100x | as long as short |
| OKX TSLA-USDT-SWAP | 0.0000% | 8h | 375.82 | +0.027% | $11.2M | $16.9M | 25x | as long as short |
| Hotstuff TSLA-PERP | 0.0000% | 1h | 375.51 | −0.056% | $34K | — | 20x | as long as short |
| Gate TSLA_USDT | 0.0000% | 8h | 375.85 | +0.035% | $2.3M | $3.5M | 100x | as long as short |
| Bitget TSLAUSDT | 0.0000% | 8h | 375.76 | +0.011% | $17.2M | $22.9M | 100x | as long as short |
| Variational Omni TSLA | 0.0000% | 8h | 375.67 | −0.014% | $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 | +0.027% | $199K | $919K | 20x | as long as short |
| Phemex TSLAUSDT | 0.0000% | 4h | 375.87 | +0.040% | $1.1M | $14K | 10x | as long as short |
| Aftermath Perps TSLAUSD | +0.0027% | 1h | 375.73 | +0.001% | $38K | $38K | 10x | as long as short |
| BloFin TSLA-USDT | +0.0028% | 8h | 375.86 | +0.037% | $578K | $356K | 20x | as long as short |
| Lighter RH TSLA | +0.0032% | 1h | 375.70 | −0.005% | $1.3M | $2.5M | 20x | as long as short |
| Arcus TSLA-USD | +0.0040% | 1h | 375.61 | −0.029% | $135K | $108K | 10x | as long as short |
| Vest TSLA-USD-PERP | +0.0046% | 1h | 375.68 | −0.011% | — | $119K | 25x | as long as short |
| tradeXYZ xyz:TSLA | +0.0050% | 1h | 375.54 | −0.048% | $44.5M | $14.9M | 20x | as long as short |
| Polymarket Perps TSLA-USD | +0.0050% | 1h | 375.69 | −0.008% | $300K | $304K | 10x | as long as short |
| SoDEX TSLA-USD | +0.0050% | 1h | 375.76 | +0.011% | $4K | $3K | 10x | as long as short |
| Ondo Perps TSLA-USD.P | +0.0050% | 1h | 375.36 | −0.096% | $1.6M | $1.1M | 10x | as long as short |
| QFEX TSLA-USDshort | +0.0052% | 1h | 375.79 | +0.019% | $1.2M | $6.2M | 10x | |
| Pacifica TSLA | +0.0100% | 1h | 375.67 | −0.013% | $389K | $37K | 10x | as long as short |
| KuCoin TSLAUSDTM | +0.0100% | 8h | 375.57 | −0.040% | $1.4M | $107K | 20x | as long as short |
| ApeX Omni TSLAUSDT | +0.0100% | 1h | 375.63 | −0.024% | $4K | $61K | 50x | as long as short |
| Orderly PERP_TSLA_USDC | +0.0100% | 8h | 375.50 | −0.059% | $41K | $23K | 20x | as long as short |
| Aevo TSLA-PERP | +0.0104% | 1h | 375.68 | −0.010% | $744 | — | 10x | as long as short |
| Coinbase International TSLA-PERP-INTX | +0.0136% | 1h | 375.69 | −0.008% | $505K | $350K | 10x | as long as short |
| RISEx TSLA/USDC | +0.0138% | 1h | 375.87 | +0.039% | $214K | $640K | 20x | as long as short |
| Lighter TSLA | +0.0176% | 1h | 375.74 | +0.005% | $820K | $3.7M | 20x | as long as short |
| GRVT TSLA_USDT_Perp | +0.0207% | 8h | 375.78 | +0.016% | $843K | $2.8M | 10x | as long as short |
| Injective TSLA/USDC PERP | +0.0220% | 1h | 379.41 | +0.982% | $79K | $36K | 30x | as long as short |
| Bullet TSLA-USD | +0.0240% | 1h | 375.85 | +0.034% | $5K | $91K | 10x | as long as short |
| Nado TSLA-PERP | +0.0293% | 1h | 375.47 | −0.067% | $488K | $111K | 20x | as long as short |
| Phoenix TSLA | +0.0318% | 1h | 375.82 | +0.027% | $1.3M | $528K | 20x | as long as short |
| Deribit TSLA_USDC-PERPETUALlong | +0.0576% | 1h | 375.72 | long leg | $18K | $194K | 10x |
Deribit TSLA_USDC-PERPETUAL
edgeX TSLAUSDC
Aster TSLAUSDT
Extended TSLA_24_5-USD
Binance TSLAUSDT
Bybit TSLAUSDT
OKX TSLA-USDT-SWAP
Gate TSLA_USDT
Bitget TSLAUSDT
Variational Omni TSLA
StandX TSLA-USD
Phemex TSLAUSDT
Aftermath Perps TSLAUSD
BloFin TSLA-USDT
Lighter RH TSLA
tradeXYZ xyz:TSLA
Polymarket Perps TSLA-USD
SoDEX TSLA-USD
Pacifica TSLA
KuCoin TSLAUSDTM
ApeX Omni TSLAUSDT
Coinbase International TSLA-PERP-INTX
RISEx TSLA/USDC
Lighter TSLA
GRVT TSLA_USDT_Perp
Injective TSLA/USDC PERP
Bullet TSLA-USD
Phoenix TSLA