Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.011%

Price spread now: GRVT against Coinbase International+0.269%7-day average +0.117% · you sell dearer than you buy

Net, funding: paid 7d − costs−$40as in the Funding arb table

Net, price: spread back to 7d avg − costs−$14as in the Price arb table

costs, in and out, $10k−$290.292% of the position

Long on Coinbase International Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 7 days−0.108%−$11 on $10k

Price spread, last 3 days (all we have)−0.190%−$19 · spread now +0.269%, 7d avg +0.117%

Together, before fees−0.298%+ Points / potential airdropGRVT: Active · farm board−$30 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: GRVT is 0.152% dearer against Coinbase International than usual: you sell high and buy low, +$15 on $10k if it goes back to its 7-day average of +0.117%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International TSLA-PERP-INTX	375.11	0.0048	pay 0.0006% / 1h	36m 35s	$529K	$309K	10x
Short	GRVT TSLA_USDT_Perp	376.12	0.0044	get 0.0044% / 8h	7h 36m	$845K	$2.8M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT against Coinbase International. 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

Position, each leg$Hold fordaysFee Coinbase InternationalbpFee GRVTbpOrdersPrice spread, now +0.269%Rate

Funding earned: −$0.84
Price spread: +0.269% → +0.117%: $15.25
Slippage, 4 orders: −$10.24
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$14.84
Costs to cover: 0.292%
Break-even: never at this rate

Slippage from Coinbase International: live order book, 37 min ago; GRVT: live order book, 2 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 Coinbase International live order book, 37 min ago	2.53 bp	8.3 bp −$8	10.5 bp −$105	doesn't fit	doesn't fit
Sell GRVT live order book, 2 min ago	0.13 bp	6.2 bp −$6	11.2 bp −$112	doesn't fit	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	−0.0382%	4h	375.97	+0.230%	$397K	$1.0M	10x	as long as short
Aster TSLAUSDT	0.0000%	8h	376.06	+0.252%	$585K	$191K	50x	as long as short
Extended TSLA_24_5-USD	0.0000%	1h	376.19	+0.288%	$477K	$11.5M	10x	as long as short
Binance TSLAUSDT	0.0000%	8h	376.26	+0.307%	$47.0M	$109.5M	25x	as long as short
Bybit TSLAUSDT	0.0000%	8h	376.32	+0.323%	$10.2M	$15.4M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	376.23	+0.299%	$11.2M	$16.8M	25x	as long as short
Gate TSLA_USDT	0.0000%	8h	376.23	+0.299%	$2.3M	$3.9M	100x	as long as short
Bitget TSLAUSDT	0.0000%	8h	376.13	+0.272%	$16.8M	$22.7M	100x	as long as short
Variational Omni TSLA	0.0000%	8h	375.84	+0.194%	$1.9M	$1.3M	—	as long as short
StandX TSLA-USD	0.0000%	1h	376.03	+0.245%	$200K	$893K	20x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex TSLAUSDT	0.0000%	4h	376.23	+0.299%	$1.1M	$13K	10x	as long as short
BloFin TSLA-USDT	+0.0001%	8h	376.31	+0.320%	$572K	$340K	20x	as long as short
Aftermath Perps TSLAUSD	+0.0009%	1h	375.84	+0.195%	$38K	$47K	10x	as long as short
QFEX TSLA-USD	+0.0028%	1h	376.18	+0.285%	$1.2M	$7.1M	10x	as long as short
Lighter TSLA	+0.0032%	1h	376.23	+0.299%	$702K	$3.4M	20x	as long as short
Lighter RH TSLA	+0.0032%	1h	376.25	+0.304%	$1.2M	$2.6M	20x	as long as short
Arcus TSLA-USD	+0.0040%	1h	375.97	+0.229%	$163K	$93K	10x	as long as short
Deribit TSLA_USDC-PERPETUAL	+0.0042%	1h	376.20	+0.291%	$20K	$186K	10x	as long as short
GRVT TSLA_USDT_Perpshort	+0.0044%	8h	376.12	+0.269%	$845K	$2.8M	10x
Vest TSLA-USD-PERP	+0.0046%	1h	376.14	+0.275%	—	$133K	25x	as long as short
Coinbase International TSLA-PERP-INTXlong	+0.0048%	1h	375.11	long leg	$529K	$309K	10x
tradeXYZ xyz:TSLA	+0.0050%	1h	376.01	+0.240%	$44.3M	$14.2M	20x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	376.00	+0.237%	$298K	$308K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	376.18	+0.285%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	375.95	+0.224%	$1.6M	$1.0M	10x	as long as short
RISEx TSLA/USDC	+0.0079%	1h	376.27	+0.309%	$291K	$598K	20x	as long as short
Pacifica TSLA	+0.0100%	1h	376.10	+0.264%	$389K	$38K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	375.91	+0.213%	$1.5M	$106K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	375.89	+0.208%	$4K	$62K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	376.18	+0.285%	$41K	$20K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	376.16	+0.279%	$745	—	10x	as long as short
Hotstuff TSLA-PERP	+0.0128%	1h	376.01	+0.240%	$34K	—	20x	as long as short
Nado TSLA-PERP	+0.0136%	1h	376.09	+0.261%	$489K	$112K	20x	as long as short
Bullet TSLA-USD	+0.0142%	1h	376.26	+0.306%	$5K	$91K	10x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	377.10	+0.531%	$78K	$36K	30x	as long as short
Phoenix TSLA	+0.0277%	1h	376.32	+0.323%	$1.3M	$547K	20x	as long as short