Funding you earn now, next payment 03:00 UTC−0.0031%/8h= −3.4% APRnext payment −$0.04 per $10,000 · paid last 24h −0.003%
Price spread now: QFEX against tradeXYZ+0.077%7-day average +0.033% · 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−$320.324% of the position
Funding, last 4 days (all we have)−0.028%−$3 on $10k
+Price spread, last 7 days−0.064%−$6 · spread now +0.077%, 7d avg +0.033%
=Together, before fees−0.093%+ Points / potential airdroptradeXYZ: Active · farm board−$9 on $10k · with fees, hour by hour
The price spread pays, funding is against you. QFEX is 0.044% dearer against tradeXYZ than usual: you sell high and buy low (spread +0.077% now, against its 7-day average of +0.033%): +$4 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 4.7 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:TSLA | 376.96 | 0.0050 | pay 0.0006% / 1h | 21m 24s | $44.3M | $14.3M | 20x |
| Short | QFEX TSLA-USD | 377.25 | 0.0019 | get 0.0002% / 1h | 21m 24s | $1.2M | $6.6M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX 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
- −$6.55
- Price spread: +0.077% → +0.033%
- $4.35
- Slippage, 4 orders
- −$4.36
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$34.56
- Costs to cover
- 0.324%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 7 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 tradeXYZ live order book, 7 min ago | 0.53 bp | 10.0 bp −$10 | 12.7 bp −$127 | doesn't fit | doesn't fit |
| Sell QFEX live order book, 7 min ago | 1.19 bp | 6.2 bp −$6 | 7.2 bp −$72 | 12.9 bp −$1,294 | 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 | −0.0959% | 4h | 377.25 | +0.077% | $398K | $1.0M | 10x | as long as short |
| Hotstuff TSLA-PERP | −0.0056% | 1h | 376.91 | −0.013% | $34K | — | 20x | as long as short |
| Aster TSLAUSDT | 0.0000% | 8h | 377.39 | +0.115% | $578K | $196K | 50x | as long as short |
| Extended TSLA_24_5-USD | 0.0000% | 1h | 377.22 | +0.069% | $480K | $6.7M | 10x | as long as short |
| Binance TSLAUSDT | 0.0000% | 8h | 377.32 | +0.096% | $47.3M | $110.7M | 25x | as long as short |
| Bybit TSLAUSDT | 0.0000% | 8h | 377.40 | +0.117% | $10.3M | $15.4M | 100x | as long as short |
| OKX TSLA-USDT-SWAP | 0.0000% | 8h | 377.31 | +0.093% | $11.2M | $16.9M | 25x | as long as short |
| RISEx TSLA/USDC | 0.0000% | 1h | 377.34 | +0.101% | $290K | $587K | 20x | as long as short |
| Bitget TSLAUSDT | 0.0000% | 8h | 377.25 | +0.077% | $17.1M | $22.9M | 100x | as long as short |
| Variational Omni TSLA | 0.0000% | 8h | 377.27 | +0.082% | $1.9M | $1.4M | — | 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 | 377.34 | +0.101% | $200K | $909K | 20x | as long as short |
| Coinbase International TSLA-PERP-INTX | 0.0000% | 1h | 377.12 | +0.042% | $513K | $330K | 10x | as long as short |
| Phemex TSLAUSDT | 0.0000% | 4h | 377.29 | +0.088% | $1.1M | $14K | 10x | as long as short |
| Aftermath Perps TSLAUSD | +0.0012% | 1h | 377.13 | +0.045% | $38K | $43K | 10x | as long as short |
| QFEX TSLA-USDshort | +0.0019% | 1h | 377.25 | +0.077% | $1.2M | $6.6M | 10x | |
| GRVT TSLA_USDT_Perp | +0.0020% | 8h | 377.43 | +0.125% | $846K | $2.8M | 10x | as long as short |
| BloFin TSLA-USDT | +0.0022% | 8h | 377.35 | +0.103% | $577K | $353K | 20x | as long as short |
| Lighter RH TSLA | +0.0032% | 1h | 377.24 | +0.074% | $1.2M | $2.6M | 20x | as long as short |
| Arcus TSLA-USD | +0.0040% | 1h | 377.12 | +0.042% | $162K | $96K | 10x | as long as short |
| Vest TSLA-USD-PERP | +0.0046% | 1h | 377.18 | +0.058% | — | $130K | 25x | as long as short |
| tradeXYZ xyz:TSLAlong | +0.0050% | 1h | 376.96 | long leg | $44.3M | $14.3M | 20x | |
| Polymarket Perps TSLA-USD | +0.0050% | 1h | 377.12 | +0.042% | $301K | $310K | 10x | as long as short |
| SoDEX TSLA-USD | +0.0050% | 1h | 377.25 | +0.077% | $4K | $3K | 10x | as long as short |
| Ondo Perps TSLA-USD.P | +0.0050% | 1h | 377.00 | +0.011% | $1.6M | $1.1M | 10x | as long as short |
| Lighter TSLA | +0.0056% | 1h | 377.26 | +0.080% | $819K | $3.6M | 20x | as long as short |
| Bullet TSLA-USD | +0.0082% | 1h | 377.31 | +0.093% | $5K | $92K | 10x | as long as short |
| Pacifica TSLA | +0.0100% | 1h | 377.21 | +0.066% | $391K | $37K | 10x | as long as short |
| KuCoin TSLAUSDTM | +0.0100% | 8h | 377.07 | +0.029% | $1.5M | $105K | 20x | as long as short |
| ApeX Omni TSLAUSDT | +0.0100% | 1h | 377.04 | +0.021% | $4K | $62K | 50x | as long as short |
| Orderly PERP_TSLA_USDC | +0.0100% | 8h | 377.23 | +0.072% | $41K | $23K | 20x | as long as short |
| Aevo TSLA-PERP | +0.0104% | 1h | 377.19 | +0.062% | $747 | — | 10x | as long as short |
| Gate TSLA_USDT | +0.0117% | 8h | 377.31 | +0.093% | $2.3M | $3.7M | 100x | as long as short |
| Deribit TSLA_USDC-PERPETUAL | +0.0121% | 1h | 377.14 | +0.048% | $20K | $188K | 10x | as long as short |
| Nado TSLA-PERP | +0.0154% | 1h | 377.07 | +0.029% | $490K | $112K | 20x | as long as short |
| Injective TSLA/USDC PERP | +0.0220% | 1h | 378.09 | +0.300% | $79K | $36K | 30x | as long as short |
| Phoenix TSLA | +0.0254% | 1h | 377.34 | +0.101% | $1.3M | $539K | 20x | as long as short |
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
Coinbase International TSLA-PERP-INTX
Phemex TSLAUSDT
Aftermath Perps TSLAUSD
GRVT TSLA_USDT_Perp
BloFin TSLA-USDT
Lighter RH TSLA
Polymarket Perps TSLA-USD
SoDEX TSLA-USD
Lighter TSLA
Bullet TSLA-USD
Pacifica TSLA
KuCoin TSLAUSDTM
ApeX Omni TSLAUSDT
Gate TSLA_USDT
Deribit TSLA_USDC-PERPETUAL
Injective TSLA/USDC PERP
Phoenix TSLA