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+0.0138%/8h= +15.1% APRnext payment +$1.38 per $10,000 · paid last 24h +0.002%
Price spread now: GRVT against Binance−0.040%79s7-day average +0.009% · you buy dearer than you sell
Net, funding: paid 7d − costs−$23as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$250.251% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.018%+$2 on $10k
Price spread, last 2 days (all we have)+0.028%+$3 · spread now −0.040%, 7d avg +0.009%
Together, before fees+0.046%+ Points / potential airdropGRVT: Active · farm board+$5 on $10k · with fees, hour by hour
Funding pays, the price is against you. GRVT is 0.048% cheaper against Binance than usual: you would sell low and buy high (spread −0.040% now, against its 7-day average of +0.009%). If the spread goes back, that is −$5 on $10k: about 28 hours of funding at the current rate (+$4 a day). At the pace of the last 7 days (+0.018% in total) that is about 18 days. The two prices were read 79 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance TSLAUSDT376.730get 0.0000% / 8h7h 06m$47.1M$109.3M25x
ShortGRVT TSLA_USDT_Perp376.580.0138get 0.0138% / 8h7h 06m$850K$2.7M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT against Binance. 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
$28.98
Price spread: −0.040% → +0.009%
−$4.83
Slippage, 4 orders
−$6.08
Fee Binance: 5 bp × 2 orders
−$10
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
−$0.93
Costs to cover
0.251%
Break-even
7.2 days
Slippage from Binance: live order book, 7 min ago; GRVT: live order book, 3 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 Binance live order book, 7 min ago0.27 bp5.6 bp −$68.2 bp −$8227.1 bp −$2,708doesn't fit
Sell GRVT live order book, 3 min ago0.13 bp7.7 bp −$811.1 bp −$111doesn'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−0.0810%4h376.43−0.080%$398K$1.0M10xas long as short
Aster TSLAUSDT0.0000%8h376.40−0.087%$576K$195K50xas long as short
Extended TSLA_24_5-USD0.0000%1h376.62−0.030%$481K$10.9M10xas long as short
Binance TSLAUSDTlong0.0000%8h376.73long leg$47.1M$109.3M25x
Bybit TSLAUSDT0.0000%8h376.72−0.003%$10.2M$15.5M100xas long as short
OKX TSLA-USDT-SWAP0.0000%8h376.74+0.002%$11.2M$16.6M25xas long as short
Gate TSLA_USDT0.0000%8h376.66−0.019%$2.3M$3.9M100xas long as short
Bitget TSLAUSDT0.0000%8h376.63−0.027%$16.9M$22.7M100xas long as short
Variational Omni TSLA0.0000%8h376.72−0.004%$1.9M$1.3Mas long as short
StandX TSLA-USD0.0000%1h376.60−0.035%$200K$904K20xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit TSLA_USDC-PERPETUAL0.0000%1h376.53−0.053%$20K$186K10xas long as short
Phemex TSLAUSDT0.0000%4h376.68−0.014%$1.1M$13K10xas long as short
BloFin TSLA-USDT+0.0008%8h376.59−0.037%$573K$339K20xas long as short
Aftermath Perps TSLAUSD+0.0010%1h376.23−0.133%$38K$46K10xas long as short
QFEX TSLA-USD+0.0028%1h376.59−0.037%$1.2M$6.9M10xas long as short
Lighter TSLA+0.0032%1h376.730.000%$830K$3.6M20xas long as short
Lighter RH TSLA+0.0032%1h376.75+0.005%$1.2M$2.6M20xas long as short
Arcus TSLA-USD+0.0040%1h376.41−0.085%$163K$93K10xas long as short
Vest TSLA-USD-PERP+0.0046%1h376.61−0.032%$133K25xas long as short
Coinbase International TSLA-PERP-INTX+0.0048%1h375.11−0.430%$529K$307K10xas long as short
tradeXYZ xyz:TSLA+0.0050%1h376.44−0.077%$44.3M$14.1M20xas long as short
Polymarket Perps TSLA-USD+0.0050%1h376.41−0.085%$298K$308K10xas long as short
SoDEX TSLA-USD+0.0050%1h376.66−0.019%$4K$3K10xas long as short
Ondo Perps TSLA-USD.P+0.0050%1h376.42−0.083%$1.5M$1.1M10xas long as short
Bullet TSLA-USD+0.0076%1h376.72−0.003%$6K$92K10xas long as short
RISEx TSLA/USDC+0.0079%1h376.66−0.019%$292K$598K20xas long as short
Hotstuff TSLA-PERP+0.0080%1h376.39−0.091%$34K20xas long as short
Pacifica TSLA+0.0100%1h376.44−0.077%$390K$38K10xas long as short
KuCoin TSLAUSDTM+0.0100%8h376.39−0.091%$1.5M$106K20xas long as short
ApeX Omni TSLAUSDT+0.0100%1h376.30−0.114%$4K$62K50xas long as short
Orderly PERP_TSLA_USDC+0.0100%8h376.67−0.016%$41K$20K20xas long as short
Aevo TSLA-PERP+0.0104%1h376.60−0.034%$74610xas long as short
Nado TSLA-PERP+0.0133%1h376.59−0.037%$490K$112K20xas long as short
GRVT TSLA_USDT_Perpshort+0.0138%8h376.58−0.040%$850K$2.7M10x
Injective TSLA/USDC PERP+0.0220%1h377.21+0.127%$78K$36K30xas long as short
Phoenix TSLA+0.0277%1h376.58−0.040%$1.3M$547K20xas long as short