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+0.0264%/8h= +28.9% APRnext payment +$2.64 per $10,000 · paid last 24h +0.069%
Price spread now: GRVT against Bitget+0.027%53s7-day average +0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$20as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$290.288% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.088%+$9 on $10k
Price spread, last 7 days−0.003%$0 · spread now +0.027%, 7d avg +0.001%
Together, before fees+0.085%+ Points / potential airdropGRVT: Active · farm board+$8 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 0.026% dearer against Bitget 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 53 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 0.088% in total (about 4.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.64 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
LongBitget TSLAUSDT376.610get 0.0000% / 8h40m 46s$17.2M$22.9M100x
ShortGRVT TSLA_USDT_Perp376.710.0264get 0.0264% / 8h40m 46s$845K$2.8M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT against Bitget. 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
$55.44
Price spread: +0.027% → +0.001%
$2.58
Slippage, 4 orders
−$7.82
Fee Bitget: 6 bp × 2 orders
−$12
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
$29.2
Costs to cover
0.288%
Break-even
3.3 days
Slippage from Bitget: live order book, 3 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 Bitget live order book, 3 min ago0.53 bp7.8 bp −$811.4 bp −$114doesn't fitdoesn't fit
Sell GRVT live order book, 3 min ago0.13 bp7.5 bp −$814.7 bp −$147doesn'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−0.0248%4h376.76+0.041%$398K$1.0M10xas long as short
Aster TSLAUSDT0.0000%8h376.28−0.089%$574K$200K50xas long as short
Bybit TSLAUSDT0.0000%8h376.71+0.027%$10.2M$15.3M100xas long as short
OKX TSLA-USDT-SWAP0.0000%8h376.75+0.037%$11.2M$16.9M25xas long as short
Gate TSLA_USDT0.0000%8h376.69+0.021%$2.3M$3.5M100xas long as short
Bitget TSLAUSDTlong0.0000%8h376.61long leg$17.2M$22.9M100x
StandX TSLA-USD0.0000%1h376.42−0.050%$200K$923K20xas long as short
Phemex TSLAUSDT0.0000%4h376.72+0.029%$1.1M$14K10xas long as short
Hotstuff TSLA-PERP+0.0024%1h376.58−0.008%$34K20xas long as short
Variational Omni TSLA+0.0027%8h376.76+0.040%$1.9M$1.3Mas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aftermath Perps TSLAUSD+0.0030%1h376.37−0.065%$38K$37K10xas long as short
BloFin TSLA-USDT+0.0030%8h376.87+0.069%$577K$356K20xas long as short
Lighter RH TSLA+0.0032%1h376.57−0.011%$1.3M$2.5M20xas long as short
Arcus TSLA-USD+0.0040%1h376.48−0.035%$135K$108K10xas long as short
Vest TSLA-USD-PERP+0.0046%1h376.72+0.029%$119K25xas long as short
tradeXYZ xyz:TSLA+0.0050%1h376.40−0.056%$44.6M$14.9M20xas long as short
Polymarket Perps TSLA-USD+0.0050%1h376.55−0.016%$301K$304K10xas long as short
Ondo Perps TSLA-USD.P+0.0050%1h376.44−0.045%$1.6M$1.1M10xas long as short
Extended TSLA_24_5-USD+0.0056%1h376.59−0.006%$480K$2.7M10xas long as short
Binance TSLAUSDT+0.0059%8h376.69+0.021%$47.2M$113.5M25xas long as short
QFEX TSLA-USD+0.0067%1h376.78+0.045%$1.2M$6.2M10xas long as short
SoDEX TSLA-USD+0.0087%1h376.74+0.035%$4K$3K10xas long as short
Pacifica TSLA+0.0100%1h376.34−0.072%$390K$37K10xas long as short
KuCoin TSLAUSDTM+0.0100%8h376.33−0.074%$1.5M$335K20xas long as short
ApeX Omni TSLAUSDT+0.0100%1h376.33−0.074%$4K$61K50xas long as short
Orderly PERP_TSLA_USDC+0.0100%8h376.66+0.013%$41K$23K20xas long as short
Aevo TSLA-PERP+0.0104%1h376.77+0.042%$74610xas long as short
Lighter TSLA+0.0168%1h376.60−0.003%$822K$3.7M20xas long as short
Coinbase International TSLA-PERP-INTX+0.0176%1h375.69−0.244%$505K$350K10xas long as short
Injective TSLA/USDC PERP+0.0220%1h379.80+0.847%$79K$36K30xas long as short
Deribit TSLA_USDC-PERPETUAL+0.0255%1h376.64+0.008%$18K$195K10xas long as short
RISEx TSLA/USDC+0.0257%1h376.71+0.028%$215K$651K20xas long as short
Bullet TSLA-USD+0.0263%1h376.84+0.060%$6K$91K10xas long as short
GRVT TSLA_USDT_Perpshort+0.0264%8h376.71+0.027%$845K$2.8M10x
Nado TSLA-PERP+0.0272%1h376.55−0.016%$489K$111K20xas long as short
Phoenix TSLA+0.0404%1h376.46−0.040%$1.3M$525K20xas long as short