Settings8H · net · $10k
Funding arb · Price arb /

TSLA

RWAall TSLA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0270%/8h= +29.6% APRnext payment +$2.70 per $10,000 · paid last 24h +0.060%
Price spread now: GRVT against Aster+0.029%90s7-day average −0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$29as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$380.379% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.092%+$9 on $10k
Price spread, last 7 days−0.006%−$1 · spread now +0.029%, 7d avg −0.001%
Together, before fees+0.086%+ Points / potential airdropAster: Stage 5 · GRVT: Active · farm board+$9 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and GRVT is 0.030% dearer against Aster than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.001%. The two prices were read 90 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.092% in total (about 4.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.70 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster TSLAUSDT376.290.0022pay 0.0022% / 8h7h 57m$574K$200K50x
ShortGRVT TSLA_USDT_Perp376.400.0292get 0.0292% / 8h7h 57m$848K$2.8M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT against Aster. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$56.74
Price spread: +0.029% → −0.001%
$3.04
Slippage, 4 orders
−$20.87
Fee Aster: 4 bp × 2 orders
−$8
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
$21.92
Costs to cover
0.379%
Break-even
4.3 days
Slippage from Aster: live order book, 40 min ago; GRVT: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aster live order book, 40 min ago1.73 bp18.0 bp −$18309.6 bp −$3,096doesn't fitdoesn't fit
Sell GRVT live order book, 5 min ago0.13 bp7.8 bp −$811.6 bp −$116doesn't fitdoesn't fit

TSLA on 36 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX TSLAUSDC−0.0113%4h376.51+0.057%$398K$1.0M10xas long as short
Bybit TSLAUSDT0.0000%8h376.21−0.021%$10.2M$15.3M100xas long as short
OKX TSLA-USDT-SWAP0.0000%8h376.17−0.032%$11.2M$16.8M25xas long as short
Gate TSLA_USDT0.0000%8h376.28−0.003%$2.3M$3.3M100xas long as short
Bitget TSLAUSDT0.0000%8h376.01−0.074%$17.3M$22.9M100xas long as short
StandX TSLA-USD0.0000%1h376.38+0.024%$200K$917K20xas long as short
Bullet TSLA-USD0.0000%1h376.32+0.008%$6K$91K10xas long as short
Deribit TSLA_USDC-PERPETUAL0.0000%1h376.19−0.027%$18K$193K10xas long as short
Phemex TSLAUSDT0.0000%4h376.27−0.005%$1.1M$14K10xas long as short
Aster TSLAUSDTlong+0.0022%8h376.29long leg$574K$200K50x
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aftermath Perps TSLAUSD+0.0032%1h376.36+0.019%$38K$36K10xas long as short
Lighter RH TSLA+0.0032%1h376.17−0.032%$1.2M$2.5M20xas long as short
Nado TSLA-PERP+0.0033%1h376.24−0.013%$498K$116K20xas long as short
Arcus TSLA-USD+0.0040%1h376.15−0.037%$135K$107K10xas long as short
Vest TSLA-USD-PERP+0.0046%1h376.36+0.019%$125K25xas long as short
tradeXYZ xyz:TSLA+0.0050%1h375.87−0.112%$44.6M$15.0M20xas long as short
Polymarket Perps TSLA-USD+0.0050%1h376.02−0.072%$300K$220K10xas long as short
SoDEX TSLA-USD+0.0050%1h376.20−0.024%$4K$3K10xas long as short
Ondo Perps TSLA-USD.P+0.0050%1h375.98−0.082%$1.6M$1.1M10xas long as short
Variational Omni TSLA+0.0060%8h376.29+0.001%$1.8M$1.3Mas long as short
Lighter TSLA+0.0064%1h376.07−0.058%$816K$3.6M20xas long as short
QFEX TSLA-USD+0.0067%1h376.31+0.005%$1.2M$6.2M10xas long as short
Binance TSLAUSDT+0.0086%8h376.13−0.042%$47.1M$114.3M25xas long as short
Extended TSLA_24_5-USD+0.0088%1h376.04−0.067%$483K$2.7M10xas long as short
Pacifica TSLA+0.0100%1h376.16−0.034%$389K$36K10xas long as short
KuCoin TSLAUSDTM+0.0100%8h376.16−0.035%$1.5M$2.0M20xas long as short
ApeX Omni TSLAUSDT+0.0100%1h376.27−0.005%$4K$62K50xas long as short
Orderly PERP_TSLA_USDC+0.0100%8h376.34+0.013%$41K$23K20xas long as short
Aevo TSLA-PERP+0.0104%1h376.30+0.003%$74510xas long as short
BloFin TSLA-USDT+0.0114%8h376.25−0.011%$581K$356K20xas long as short
Hotstuff TSLA-PERP+0.0136%1h376.15−0.037%$34K20xas long as short
Coinbase International TSLA-PERP-INTX+0.0160%1h375.85−0.117%$508K$355K10xas long as short
Injective TSLA/USDC PERP+0.0220%1h379.80+0.933%$79K$36K30xas long as short
RISEx TSLA/USDC+0.0290%1h376.36+0.019%$215K$654K20xas long as short
GRVT TSLA_USDT_Perpshort+0.0292%8h376.40+0.029%$848K$2.8M10x
Phoenix TSLA+0.0404%1h376.39+0.027%$1.3M$495K20xas long as short