Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.1020%/8h= +111.7% APRpaid last 24h +0.183%

Price spread now: GRVT against edgeX+0.048%7-day average +0.047% · you sell dearer than you buy

Net, funding: paid 7d − costs−$23as in the Funding arb table

Net, price: spread back to 7d avg − costs−$33as in the Price arb table

costs, in and out, $10k−$330.326% of the position

Long on edgeX Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 7 days+0.099%+$10 on $10k

Price spread, last 7 days+0.005%$0 · spread now +0.048%, 7d avg +0.047%

Together, before fees+0.104%+ Points / potential airdropedgeX: Active · GRVT: Active · farm board+$10 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.047%, so right now this pair is about funding alone: +$31 a day on $10k at the current rate.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.099% in total (about 5.1% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX TSLAUSDC	377.42	−0.0998	get 0.0499% / 4h	2h 21m	$399K	$1.0M	10x
Short	GRVT TSLA_USDT_Perp	377.60	0.0022	get 0.0022% / 8h	6h 21m	$853K	$2.8M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT against edgeX. 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 edgeXbpFee GRVTbpOrdersPrice spread, now +0.048%Rate

Funding earned: $214.13
Price spread: +0.048% → +0.047%: $0.02
Slippage, 4 orders: −$14.6
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: $181.56
Costs to cover: 0.326%
Break-even: 1.1 days

Slippage from edgeX: live order book, 2 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 edgeX live order book, 2 min ago	4.24 bp	8.9 bp −$9	11.9 bp −$119	doesn't fit	doesn't fit
Sell GRVT live order book, 2 min ago	0.13 bp	7.8 bp −$8	13.9 bp −$139	doesn't fit	doesn't fit

TSLA on 35 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 TSLAUSDClong	−0.0998%	4h	377.42	long leg	$399K	$1.0M	10x
Coinbase International TSLA-PERP-INTX	−0.0016%	1h	377.33	−0.024%	$513K	$329K	10x	as long as short
Aster TSLAUSDT	0.0000%	8h	377.50	+0.020%	$578K	$196K	50x	as long as short
Extended TSLA_24_5-USD	0.0000%	1h	377.43	+0.002%	$481K	$9.6M	10x	as long as short
Binance TSLAUSDT	0.0000%	8h	377.52	+0.026%	$47.4M	$110.6M	25x	as long as short
Bybit TSLAUSDT	0.0000%	8h	377.61	+0.050%	$10.3M	$15.6M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	377.44	+0.005%	$11.2M	$16.8M	25x	as long as short
RISEx TSLA/USDC	0.0000%	1h	377.54	+0.030%	$290K	$599K	20x	as long as short
Bitget TSLAUSDT	0.0000%	8h	377.40	−0.005%	$17.0M	$22.9M	100x	as long as short
Variational Omni TSLA	0.0000%	8h	377.35	−0.018%	$1.9M	$1.4M	—	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
StandX TSLA-USD	0.0000%	1h	377.48	+0.016%	$200K	$909K	20x	as long as short
Bullet TSLA-USD	0.0000%	1h	377.56	+0.037%	$6K	$92K	10x	as long as short
Deribit TSLA_USDC-PERPETUAL	0.0000%	1h	377.34	−0.021%	$20K	$187K	10x	as long as short
Phemex TSLAUSDT	0.0000%	4h	377.45	+0.008%	$1.1M	$15K	10x	as long as short
Aftermath Perps TSLAUSD	+0.0009%	1h	377.17	−0.067%	$38K	$45K	10x	as long as short
GRVT TSLA_USDT_Perpshort	+0.0022%	8h	377.60	+0.048%	$853K	$2.8M	10x
QFEX TSLA-USD	+0.0023%	1h	377.41	−0.003%	$1.2M	$6.7M	10x	as long as short
Lighter TSLA	+0.0032%	1h	377.50	+0.021%	$824K	$3.6M	20x	as long as short
Lighter RH TSLA	+0.0032%	1h	377.55	+0.034%	$1.2M	$2.6M	20x	as long as short
Gate TSLA_USDT	+0.0037%	8h	377.53	+0.029%	$2.3M	$3.8M	100x	as long as short
Arcus TSLA-USD	+0.0040%	1h	377.30	−0.032%	$163K	$93K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	377.56	+0.037%	—	$130K	25x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	377.28	−0.037%	$44.3M	$14.1M	20x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	377.34	−0.021%	$301K	$311K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	377.43	+0.002%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	377.26	−0.043%	$1.5M	$1.1M	10x	as long as short
Pacifica TSLA	+0.0100%	1h	377.39	−0.008%	$391K	$37K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	377.23	−0.051%	$1.5M	$105K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	377.37	−0.013%	$4K	$61K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	377.53	+0.029%	$41K	$20K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	377.42	−0.001%	$747	—	10x	as long as short
Nado TSLA-PERP	+0.0106%	1h	377.49	+0.018%	$491K	$112K	20x	as long as short
Hotstuff TSLA-PERP	+0.0112%	1h	377.28	−0.037%	$34K	—	20x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	378.38	+0.254%	$79K	$36K	30x	as long as short
Phoenix TSLA	+0.0255%	1h	377.56	+0.037%	$1.3M	$539K	20x	as long as short