Funding you earn now, next payment 05:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.06 per $10,000 · paid last 24h +0.003%
Price spread now: tradeXYZ against Deribit−0.008%7-day average −0.041% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$29as in the Price arb table
costs, in and out, $10k−$320.321% of the position
Funding, last 5 days (all we have)−0.130%−$13 on $10k
+Price spread, last 4 days (all we have)−0.010%−$1 · spread now −0.008%, 7d avg −0.041%
=Together, before fees−0.140%+ Points / potential airdroptradeXYZ: Active · farm board−$14 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and tradeXYZ is 0.034% dearer against Deribit than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.041%. Mind the row above: over the last 5 days funding on this pair cost −0.130%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit TSLA_USDC-PERPETUAL | 375.80 | 0 | get 0.0000% / 1h | 37m 03s | $20K | $189K | 10x |
| Short | tradeXYZ xyz:TSLA | 375.77 | 0.0050 | get 0.0006% / 1h | 37m 03s | $44.4M | $14.6M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $10.5
- Price spread: −0.008% → −0.041%
- $3.35
- Slippage, 4 orders
- −$7.06
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$18.21
- Costs to cover
- 0.321%
- Break-even
- 19.1 days
Slippage from Deribit: live order book, 16 min ago; tradeXYZ: live order book, 2 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, 16 min ago | 0.13 bp | 8.1 bp −$8 | 11.4 bp −$114 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 2 min ago | 0.40 bp | 10.2 bp −$10 | 12.2 bp −$122 | 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 | −0.0972% | 4h | 375.91 | +0.030% | $397K | $1.0M | 10x | as long as short |
| Aster TSLAUSDT | 0.0000% | 8h | 376.02 | +0.058% | $576K | $195K | 50x | as long as short |
| Extended TSLA_24_5-USD | 0.0000% | 1h | 375.95 | +0.039% | $480K | $2.7M | 10x | as long as short |
| Binance TSLAUSDT | 0.0000% | 8h | 376.05 | +0.068% | $47.3M | $111.2M | 25x | as long as short |
| Bybit TSLAUSDT | 0.0000% | 8h | 376.11 | +0.082% | $10.2M | $15.4M | 100x | as long as short |
| OKX TSLA-USDT-SWAP | 0.0000% | 8h | 375.99 | +0.051% | $11.2M | $16.8M | 25x | as long as short |
| RISEx TSLA/USDC | 0.0000% | 1h | 376.00 | +0.053% | $289K | $580K | 20x | as long as short |
| Bitget TSLAUSDT | 0.0000% | 8h | 376.28 | +0.128% | $17.0M | $22.5M | 100x | as long as short |
| Variational Omni TSLA | 0.0000% | 8h | 376.02 | +0.058% | $1.9M | $1.3M | — | as long as short |
| StandX TSLA-USD | 0.0000% | 1h | 375.97 | +0.045% | $200K | $897K | 20x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit TSLA_USDC-PERPETUALlong | 0.0000% | 1h | 375.80 | long leg | $20K | $189K | 10x | |
| Phemex TSLAUSDT | 0.0000% | 4h | 376.43 | +0.168% | $1.1M | $14K | 10x | as long as short |
| BloFin TSLA-USDT | +0.0009% | 8h | 375.98 | +0.048% | $577K | $352K | 20x | as long as short |
| Aftermath Perps TSLAUSD | +0.0021% | 1h | 375.83 | +0.008% | $38K | $40K | 10x | as long as short |
| Gate TSLA_USDT | +0.0027% | 8h | 376.07 | +0.072% | $2.3M | $3.5M | 100x | as long as short |
| Lighter TSLA | +0.0032% | 1h | 375.92 | +0.032% | $818K | $3.6M | 20x | as long as short |
| Lighter RH TSLA | +0.0032% | 1h | 376.01 | +0.056% | $1.2M | $2.5M | 20x | as long as short |
| QFEX TSLA-USD | +0.0033% | 1h | 375.91 | +0.029% | $1.2M | $6.4M | 10x | as long as short |
| Arcus TSLA-USD | +0.0040% | 1h | 375.75 | −0.013% | $133K | $106K | 10x | as long as short |
| Vest TSLA-USD-PERP | +0.0046% | 1h | 375.89 | +0.024% | — | $129K | 25x | as long as short |
| tradeXYZ xyz:TSLAshort | +0.0050% | 1h | 375.77 | −0.008% | $44.4M | $14.6M | 20x | |
| Polymarket Perps TSLA-USD | +0.0050% | 1h | 375.83 | +0.008% | $300K | $309K | 10x | as long as short |
| SoDEX TSLA-USD | +0.0050% | 1h | 375.92 | +0.032% | $4K | $3K | 10x | as long as short |
| Ondo Perps TSLA-USD.P | +0.0050% | 1h | 375.67 | −0.035% | $1.6M | $1.1M | 10x | as long as short |
| Hotstuff TSLA-PERP | +0.0056% | 1h | 375.68 | −0.032% | $34K | — | 20x | as long as short |
| GRVT TSLA_USDT_Perp | +0.0068% | 8h | 376.04 | +0.063% | $854K | $2.8M | 10x | as long as short |
| Coinbase International TSLA-PERP-INTX | +0.0080% | 1h | 376.45 | +0.173% | $512K | $330K | 10x | as long as short |
| Bullet TSLA-USD | +0.0094% | 1h | 375.98 | +0.048% | $5K | $90K | 10x | as long as short |
| Pacifica TSLA | +0.0100% | 1h | 375.77 | −0.009% | $390K | $38K | 10x | as long as short |
| KuCoin TSLAUSDTM | +0.0100% | 8h | 375.84 | +0.011% | $1.5M | $105K | 20x | as long as short |
| ApeX Omni TSLAUSDT | +0.0100% | 1h | 375.76 | −0.011% | $4K | $62K | 50x | as long as short |
| Orderly PERP_TSLA_USDC | +0.0100% | 8h | 375.74 | −0.016% | $41K | $23K | 20x | as long as short |
| Aevo TSLA-PERP | +0.0104% | 1h | 375.91 | +0.028% | $744 | — | 10x | as long as short |
| Nado TSLA-PERP | +0.0206% | 1h | 375.75 | −0.014% | $489K | $112K | 20x | as long as short |
| Injective TSLA/USDC PERP | +0.0220% | 1h | 380.00 | +1.118% | $79K | $36K | 30x | as long as short |
| Phoenix TSLA | +0.0276% | 1h | 376.25 | +0.120% | $1.3M | $540K | 20x | as long as short |
Deribit TSLA_USDC-PERPETUAL
tradeXYZ xyz:TSLA
edgeX TSLAUSDC
Aster TSLAUSDT
Extended TSLA_24_5-USD
Binance TSLAUSDT
Bybit TSLAUSDT
OKX TSLA-USDT-SWAP
RISEx TSLA/USDC
Bitget TSLAUSDT
Variational Omni TSLA
StandX TSLA-USD
Phemex TSLAUSDT
BloFin TSLA-USDT
Aftermath Perps TSLAUSD
Gate TSLA_USDT
Lighter TSLA
Lighter RH TSLA
Polymarket Perps TSLA-USD
SoDEX TSLA-USD
GRVT TSLA_USDT_Perp
Coinbase International TSLA-PERP-INTX
Bullet TSLA-USD
Pacifica TSLA
KuCoin TSLAUSDTM
ApeX Omni TSLAUSDT
Injective TSLA/USDC PERP
Phoenix TSLA