Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0069%/8h= +7.6% APRpaid last 24h −0.056%

Price spread now: Extended against GRVT−0.060%7-day average −0.066% · you buy dearer than you sell

Net, funding: paid 7d − costs−$30as in the Funding arb table

Net, price: spread back to 7d avg − costs−$22as in the Price arb table

costs, in and out, $10k−$220.225% of the position

Long on GRVT Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days−0.077%−$8 on $10k

Price spread, last 7 days−0.039%−$4 · spread now −0.060%, 7d avg −0.066%

Together, before fees−0.115%+ Points / potential airdropGRVT: Active · Extended: Active · farm board−$12 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.066%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.077%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GRVT TSLA_USDT_Perp	376.20	0.0003	pay 0.0003% / 8h	7h 46m	$851K	$2.9M	10x
Short	Extended TSLA_24_5-USD	375.97	0.0072	get 0.0009% / 1h	46m 53s	$483K	$2.7M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against GRVT. 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 GRVTbpFee ExtendedbpOrdersPrice spread, now −0.060%Rate

Funding earned: $14.49
Price spread: −0.060% → −0.066%: $0.56
Slippage, 4 orders: −$8.46
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$7.41
Costs to cover: 0.225%
Break-even: 10.6 days

Slippage from GRVT: live order book, 2 min ago; Extended: 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 GRVT live order book, 2 min ago	0.13 bp	6.3 bp −$6	11.9 bp −$119	doesn't fit	doesn't fit
Sell Extended live order book, 2 min ago	0.13 bp	4.1 bp −$4	16.8 bp −$168	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	−0.0515%	4h	376.02	−0.049%	$398K	$1.0M	10x	as long as short
Bybit TSLAUSDT	0.0000%	8h	376.05	−0.040%	$10.2M	$15.2M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	376.04	−0.042%	$11.2M	$16.8M	25x	as long as short
Gate TSLA_USDT	0.0000%	8h	376.01	−0.050%	$2.3M	$3.3M	100x	as long as short
Bitget TSLAUSDT	0.0000%	8h	375.94	−0.069%	$17.3M	$22.9M	100x	as long as short
StandX TSLA-USD	0.0000%	1h	376.11	−0.024%	$200K	$923K	20x	as long as short
Deribit TSLA_USDC-PERPETUAL	0.0000%	1h	375.76	−0.117%	$18K	$190K	10x	as long as short
Phemex TSLAUSDT	0.0000%	4h	376.03	−0.045%	$1.1M	$14K	10x	as long as short
GRVT TSLA_USDT_Perplong	+0.0003%	8h	376.20	long leg	$851K	$2.9M	10x
Aster TSLAUSDT	+0.0014%	8h	376.24	+0.011%	$574K	$200K	50x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aftermath Perps TSLAUSD	+0.0031%	1h	375.91	−0.078%	$38K	$36K	10x	as long as short
Lighter TSLA	+0.0032%	1h	375.91	−0.077%	$804K	$3.7M	20x	as long as short
Lighter RH TSLA	+0.0032%	1h	375.92	−0.074%	$1.2M	$2.5M	20x	as long as short
Arcus TSLA-USD	+0.0040%	1h	375.88	−0.085%	$135K	$107K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	376.06	−0.037%	—	$125K	25x	as long as short
Variational Omni TSLA	+0.0048%	8h	376.06	−0.036%	$1.8M	$1.3M	—	as long as short
QFEX TSLA-USD	+0.0048%	1h	376.06	−0.037%	$1.2M	$6.2M	10x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	375.74	−0.122%	$44.6M	$14.7M	20x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	375.76	−0.117%	$300K	$161K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	375.87	−0.087%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	375.97	−0.061%	$1.6M	$1.1M	10x	as long as short
Extended TSLA_24_5-USDshort	+0.0072%	1h	375.97	−0.060%	$483K	$2.7M	10x
Bullet TSLA-USD	+0.0074%	1h	376.03	−0.046%	$6K	$92K	10x	as long as short
BloFin TSLA-USDT	+0.0074%	8h	376.09	−0.029%	$581K	$358K	20x	as long as short
Binance TSLAUSDT	+0.0076%	8h	376.14	−0.017%	$47.1M	$114.4M	25x	as long as short
Pacifica TSLA	+0.0100%	1h	375.92	−0.074%	$389K	$36K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	375.84	−0.095%	$1.5M	$2.1M	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	375.92	−0.074%	$4K	$62K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	376.00	−0.053%	$41K	$23K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	375.92	−0.073%	$744	—	10x	as long as short
Hotstuff TSLA-PERP	+0.0144%	1h	375.97	−0.061%	$34K	—	20x	as long as short
Nado TSLA-PERP	+0.0151%	1h	375.90	−0.080%	$498K	$116K	20x	as long as short
Coinbase International TSLA-PERP-INTX	+0.0160%	1h	376.02	−0.047%	$507K	$357K	10x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	379.58	+0.899%	$79K	$37K	30x	as long as short
RISEx TSLA/USDC	+0.0290%	1h	376.20	0.000%	$215K	$653K	20x	as long as short
Phoenix TSLA	+0.0404%	1h	376.14	−0.016%	$1.3M	$507K	20x	as long as short