Funding you earn now, next payment 01:00 UTC−0.0066%/8h= −7.2% APRnext payment −$0.08 per $10,000 · paid last 24h +0.008%
Price spread now: Coinbase International against tradeXYZ+0.048%7-day average −0.041% · you sell dearer than you buy
Net, funding: paid 7d − costs−$32as in the Funding arb table
Net, price: spread back to 7d avg − costs−$26as in the Price arb table
costs, in and out, $10k−$350.353% of the position
Funding, last 7 days+0.034%+$3 on $10k
+Price spread, last 3 days (all we have)−0.083%−$8 · spread now +0.048%, 7d avg −0.041%
=Together, before fees−0.049%+ Points / potential airdroptradeXYZ: Active · farm board−$5 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Coinbase International is 0.089% dearer against tradeXYZ than usual: you sell high and buy low (spread +0.048% now, against its 7-day average of −0.041%): +$9 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 4.5 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:TSLA | 377.15 | 0.0050 | pay 0.0006% / 1h | 12m 45s | $44.3M | $14.2M | 20x |
| Short | Coinbase International TSLA-PERP-INTX | 377.33 | −0.0016 | pay 0.0002% / 1h | 12m 45s | $513K | $328K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against tradeXYZ. 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
- −$13.86
- Price spread: +0.048% → −0.041%
- $8.91
- Slippage, 4 orders
- −$7.3
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$40.25
- Costs to cover
- 0.353%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 7 min ago; Coinbase International: live order book, 55 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 tradeXYZ live order book, 7 min ago | 0.53 bp | 9.7 bp −$10 | 11.2 bp −$112 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 55 min ago | 2.26 bp | 8.0 bp −$8 | 11.0 bp −$110 | 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 | −0.0129% | 4h | 377.40 | +0.065% | $399K | $1.0M | 10x | as long as short |
| Coinbase International TSLA-PERP-INTXshort | −0.0016% | 1h | 377.33 | +0.048% | $513K | $328K | 10x | |
| Aster TSLAUSDT | 0.0000% | 8h | 377.34 | +0.051% | $578K | $196K | 50x | as long as short |
| Extended TSLA_24_5-USD | 0.0000% | 1h | 377.30 | +0.041% | $481K | $9.1M | 10x | as long as short |
| Binance TSLAUSDT | 0.0000% | 8h | 377.40 | +0.066% | $47.4M | $110.6M | 25x | as long as short |
| Bybit TSLAUSDT | 0.0000% | 8h | 377.45 | +0.080% | $10.3M | $15.5M | 100x | as long as short |
| OKX TSLA-USDT-SWAP | 0.0000% | 8h | 377.32 | +0.045% | $11.2M | $16.8M | 25x | as long as short |
| RISEx TSLA/USDC | 0.0000% | 1h | 377.43 | +0.073% | $290K | $599K | 20x | as long as short |
| Variational Omni TSLA | 0.0000% | 8h | 377.41 | +0.068% | $1.9M | $1.4M | — | as long as short |
| GRVT TSLA_USDT_Perp | 0.0000% | 8h | 377.53 | +0.100% | $852K | $2.8M | 10x | as long as short |
Show all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| StandX TSLA-USD | 0.0000% | 1h | 377.40 | +0.066% | $200K | $909K | 20x | as long as short |
| Bullet TSLA-USD | 0.0000% | 1h | 377.37 | +0.059% | $5K | $92K | 10x | as long as short |
| Deribit TSLA_USDC-PERPETUAL | 0.0000% | 1h | 377.31 | +0.042% | $20K | $187K | 10x | as long as short |
| Phemex TSLAUSDT | 0.0000% | 4h | 377.40 | +0.066% | $1.1M | $15K | 10x | as long as short |
| Bitget TSLAUSDT | +0.0003% | 8h | 377.30 | +0.040% | $17.0M | $22.9M | 100x | as long as short |
| Aftermath Perps TSLAUSD | +0.0007% | 1h | 377.27 | +0.032% | $38K | $45K | 10x | as long as short |
| QFEX TSLA-USD | +0.0023% | 1h | 377.29 | +0.037% | $1.2M | $6.7M | 10x | as long as short |
| Lighter TSLA | +0.0032% | 1h | 377.38 | +0.061% | $824K | $3.6M | 20x | as long as short |
| Lighter RH TSLA | +0.0032% | 1h | 377.42 | +0.072% | $1.2M | $2.6M | 20x | as long as short |
| Arcus TSLA-USD | +0.0040% | 1h | 377.26 | +0.029% | $163K | $93K | 10x | as long as short |
| Vest TSLA-USD-PERP | +0.0046% | 1h | 377.43 | +0.074% | — | $130K | 25x | as long as short |
| tradeXYZ xyz:TSLAlong | +0.0050% | 1h | 377.15 | long leg | $44.3M | $14.2M | 20x | |
| Polymarket Perps TSLA-USD | +0.0050% | 1h | 377.19 | +0.011% | $301K | $311K | 10x | as long as short |
| SoDEX TSLA-USD | +0.0050% | 1h | 377.27 | +0.032% | $4K | $3K | 10x | as long as short |
| Ondo Perps TSLA-USD.P | +0.0050% | 1h | 377.23 | +0.021% | $1.5M | $1.1M | 10x | as long as short |
| Gate TSLA_USDT | +0.0052% | 8h | 377.35 | +0.053% | $2.3M | $3.8M | 100x | as long as short |
| Hotstuff TSLA-PERP | +0.0064% | 1h | 377.08 | −0.019% | $34K | — | 20x | as long as short |
| Nado TSLA-PERP | +0.0098% | 1h | 377.24 | +0.025% | $491K | $112K | 20x | as long as short |
| Pacifica TSLA | +0.0100% | 1h | 377.25 | +0.027% | $391K | $37K | 10x | as long as short |
| KuCoin TSLAUSDTM | +0.0100% | 8h | 377.30 | +0.040% | $1.5M | $105K | 20x | as long as short |
| ApeX Omni TSLAUSDT | +0.0100% | 1h | 377.35 | +0.053% | $4K | $61K | 50x | as long as short |
| Orderly PERP_TSLA_USDC | +0.0100% | 8h | 377.31 | +0.042% | $41K | $20K | 20x | as long as short |
| Aevo TSLA-PERP | +0.0104% | 1h | 377.28 | +0.034% | $747 | — | 10x | as long as short |
| Injective TSLA/USDC PERP | +0.0220% | 1h | 378.46 | +0.347% | $79K | $36K | 30x | as long as short |
| Phoenix TSLA | +0.0255% | 1h | 377.48 | +0.087% | $1.3M | $539K | 20x | as long as short |
tradeXYZ xyz:TSLA
Coinbase International TSLA-PERP-INTX
edgeX TSLAUSDC
Aster TSLAUSDT
Extended TSLA_24_5-USD
Binance TSLAUSDT
Bybit TSLAUSDT
OKX TSLA-USDT-SWAP
RISEx TSLA/USDC
Variational Omni TSLA
GRVT TSLA_USDT_Perp
StandX TSLA-USD
Bullet TSLA-USD
Deribit TSLA_USDC-PERPETUAL
Phemex TSLAUSDT
Bitget TSLAUSDT
Aftermath Perps TSLAUSD
Lighter TSLA
Lighter RH TSLA
Polymarket Perps TSLA-USD
SoDEX TSLA-USD
Gate TSLA_USDT
Pacifica TSLA
KuCoin TSLAUSDTM
ApeX Omni TSLAUSDT
Injective TSLA/USDC PERP
Phoenix TSLA