Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0129%/8h= +14.1% APRpaid last 24h +0.056%

Price spread now: GRVT against Extended+0.027%7-day average +0.066% · you sell dearer than you buy

Net, funding: paid 7d − costs−$17as in the Funding arb table

Net, price: spread back to 7d avg − costs−$27as in the Price arb table

costs, in and out, $10k−$230.229% of the position

Long on Extended Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 7 days+0.055%+$6 on $10k

Price spread, last 7 days+0.021%+$2 · spread now +0.027%, 7d avg +0.066%

Together, before fees+0.076%+ Points / potential airdropExtended: Active · GRVT: Active · farm board+$8 on $10k · with fees, hour by hour

Funding pays, the price is against you. GRVT is 0.039% cheaper against Extended than usual: you would sell low and buy high (spread +0.027% now, against its 7-day average of +0.066%). If the spread goes back, that is −$4 on $10k: about 24 hours of funding at the current rate (+$4 a day). At the pace of the last 7 days (+0.055% in total) that is about 4.9 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended TSLA_24_5-USD	376.19	0	get 0.0000% / 1h	52m 53s	$480K	$2.7M	10x
Short	GRVT TSLA_USDT_Perp	376.29	0.0129	get 0.0129% / 8h	2h 52m	$848K	$2.8M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT against Extended. 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 ExtendedbpFee GRVTbpOrdersPrice spread, now +0.027%Rate

Funding earned: $27.09
Price spread: +0.027% → +0.066%: −$3.88
Slippage, 4 orders: −$8.92
Fee Extended: 2.5 bp × 2 orders: −$5
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: $0.29
Costs to cover: 0.229%
Break-even: 6.9 days

Slippage from Extended: live order book, 1 min ago; GRVT: live order book, 1 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 Extended live order book, 1 min ago	0.13 bp	4.2 bp −$4	19.6 bp −$196	doesn't fit	doesn't fit
Sell GRVT live order book, 1 min ago	0.13 bp	7.2 bp −$7	11.6 bp −$116	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	−0.0230%	4h	376.18	−0.004%	$398K	$1.0M	10x	as long as short
Aster TSLAUSDT	0.0000%	8h	376.22	+0.009%	$576K	$198K	50x	as long as short
Extended TSLA_24_5-USDlong	0.0000%	1h	376.19	long leg	$480K	$2.7M	10x
Binance TSLAUSDT	0.0000%	8h	376.23	+0.011%	$47.0M	$112.5M	25x	as long as short
Bybit TSLAUSDT	0.0000%	8h	376.14	−0.013%	$10.2M	$15.3M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	376.19	0.000%	$11.2M	$16.9M	25x	as long as short
Hotstuff TSLA-PERP	0.0000%	1h	375.87	−0.085%	$34K	—	20x	as long as short
Bitget TSLAUSDT	0.0000%	8h	376.20	+0.003%	$17.1M	$22.7M	100x	as long as short
Variational Omni TSLA	0.0000%	8h	376.26	+0.018%	$1.9M	$1.3M	—	as long as short
StandX TSLA-USD	0.0000%	1h	376.24	+0.013%	$200K	$917K	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	376.26	+0.019%	$1.1M	$14K	10x	as long as short
BloFin TSLA-USDT	+0.0015%	8h	376.22	+0.008%	$577K	$353K	20x	as long as short
Aftermath Perps TSLAUSD	+0.0021%	1h	376.02	−0.046%	$38K	$40K	10x	as long as short
Gate TSLA_USDT	+0.0023%	8h	376.28	+0.024%	$2.3M	$3.5M	100x	as long as short
Lighter RH TSLA	+0.0032%	1h	376.16	−0.008%	$1.2M	$2.5M	20x	as long as short
Arcus TSLA-USD	+0.0040%	1h	375.91	−0.074%	$135K	$107K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	376.06	−0.034%	—	$128K	25x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	375.90	−0.077%	$44.5M	$14.7M	20x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	376.09	−0.026%	$300K	$309K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	376.19	0.000%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	375.82	−0.098%	$1.6M	$1.1M	10x	as long as short
QFEX TSLA-USD	+0.0052%	1h	376.23	+0.011%	$1.3M	$6.2M	10x	as long as short
RISEx TSLA/USDC	+0.0054%	1h	376.25	+0.017%	$289K	$580K	20x	as long as short
Pacifica TSLA	+0.0100%	1h	375.93	−0.069%	$390K	$37K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	376.02	−0.045%	$1.5M	$105K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	375.97	−0.058%	$4K	$62K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	376.13	−0.016%	$41K	$23K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	376.17	−0.004%	$745	—	10x	as long as short
Coinbase International TSLA-PERP-INTX	+0.0112%	1h	376.13	−0.016%	$511K	$337K	10x	as long as short
GRVT TSLA_USDT_Perpshort	+0.0129%	8h	376.29	+0.027%	$848K	$2.8M	10x
Lighter TSLA	+0.0144%	1h	376.18	−0.003%	$836K	$3.6M	20x	as long as short
Bullet TSLA-USD	+0.0200%	1h	376.24	+0.014%	$4K	$90K	10x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	377.17	+0.261%	$78K	$36K	30x	as long as short
Deribit TSLA_USDC-PERPETUAL	+0.0229%	1h	376.14	−0.013%	$18K	$192K	10x	as long as short
Nado TSLA-PERP	+0.0280%	1h	375.97	−0.059%	$489K	$112K	20x	as long as short
Phoenix TSLA	+0.0298%	1h	376.09	−0.026%	$1.3M	$528K	20x	as long as short