TSLA

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC−0.0417%/8h= −45.7% APRnext payment −$4.17 per $10,000 · paid last 24h −0.063%

Price spread now: OKX against GRVT−0.060%81s7-day average −0.005% · you buy dearer than you sell

Net, funding: paid 7d − costs−$39as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$280.279% of the position

Long on GRVT Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.115%−$12 on $10k

Price spread, last 7 days+0.022%+$2 · spread now −0.060%, 7d avg −0.005%

Together, before fees−0.093%+ Points / potential airdropGRVT: Active · farm board−$9 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$13 a day on $10k at the current rate, and OKX is 0.055% cheaper against GRVT than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.005%). Swap the legs. The two prices were read 81 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 -0.115% in total (about -6.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$4.17 per $10,000. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GRVT TSLA_USDT_Perp	378.04	0.0417	pay 0.0417% / 8h	5h 08m	$848K	$2.9M	10x
Short	OKX TSLA-USDT-SWAP	377.81	0	get 0.0000% / 8h	5h 08m	$11.3M	$15.6M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now −0.060%Rate

Funding earned: −$87.57
Price spread: −0.060% → −0.005%: −$5.46
Slippage, 4 orders: −$8.85
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee OKX: 5 bp × 2 orders: −$10
Net: −$120.88
Costs to cover: 0.279%
Break-even: never at this rate

Slippage from GRVT: live order book, 3 min ago; OKX: live order book, 3 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, 3 min ago	0.13 bp	6.2 bp −$6	13.1 bp −$131	doesn't fit	doesn't fit
Sell OKX live order book, 3 min ago	0.40 bp	6.7 bp −$7	10.2 bp −$102	doesn't fit	doesn't fit

TSLA on 36 exchanges

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
Hotstuff TSLA-PERP	−0.1600%	1h	377.55	−0.129%	$34K	—	20x	as long as short
edgeX TSLAUSDC	−0.0369%	4h	377.87	−0.045%	$398K	$1.0M	10x	as long as short
Bybit TSLAUSDT	0.0000%	8h	377.97	−0.017%	$10.2M	$14.2M	100x	as long as short
OKX TSLA-USDT-SWAPshort	0.0000%	8h	377.81	−0.060%	$11.3M	$15.6M	25x
Gate TSLA_USDT	0.0000%	8h	377.86	−0.047%	$2.3M	$3.2M	100x	as long as short
Bitget TSLAUSDT	0.0000%	8h	377.78	−0.068%	$17.3M	$24.4M	100x	as long as short
StandX TSLA-USD	0.0000%	1h	377.68	−0.094%	$200K	$990K	20x	as long as short
Deribit TSLA_USDC-PERPETUAL	0.0000%	1h	377.67	−0.097%	$18K	$188K	10x	as long as short
Phemex TSLAUSDT	0.0000%	4h	377.85	−0.049%	$1.1M	$14K	10x	as long as short
Aftermath Perps TSLAUSD	+0.0023%	1h	377.73	−0.082%	$38K	$36K	10x	as long as short

Show all 36 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH TSLA	+0.0032%	1h	377.77	−0.070%	$1.2M	$2.5M	20x	as long as short
Injective TSLA/USDC PERP	+0.0033%	1h	377.45	−0.155%	$74K	$41K	30x	as long as short
Arcus TSLA-USD	+0.0044%	1h	377.69	−0.092%	$132K	$85K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	377.79	−0.065%	—	$126K	25x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	377.49	−0.144%	$44.7M	$14.8M	20x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	377.67	−0.097%	$301K	$134K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	377.75	−0.076%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	377.58	−0.121%	$1.6M	$1.2M	10x	as long as short
QFEX TSLA-USD	+0.0051%	1h	377.72	−0.084%	$1.2M	$6.3M	10x	as long as short
Lighter TSLA	+0.0088%	1h	377.78	−0.068%	$812K	$3.6M	20x	as long as short
Pacifica TSLA	+0.0100%	1h	377.78	−0.068%	$392K	$36K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	377.59	−0.118%	$1.4M	$4.3M	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	377.70	−0.089%	$4K	$62K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	377.65	−0.102%	$41K	$23K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	377.84	−0.052%	$748	—	10x	as long as short
Coinbase International TSLA-PERP-INTX	+0.0112%	1h	377.89	−0.039%	$519K	$384K	10x	as long as short
Aster TSLAUSDT	+0.0125%	8h	378.04	+0.002%	$576K	$200K	50x	as long as short
BloFin TSLA-USDT	+0.0151%	8h	377.94	−0.025%	$591K	$375K	20x	as long as short
Variational Omni TSLA	+0.0154%	8h	377.86	−0.047%	$1.7M	$1.5M	—	as long as short
Bullet TSLA-USD	+0.0174%	1h	377.81	−0.059%	$5K	$94K	10x	as long as short
Binance TSLAUSDT	+0.0180%	8h	377.87	−0.044%	$47.4M	$114.9M	25x	as long as short
Extended TSLA_24_5-USD	+0.0184%	1h	377.75	−0.076%	$483K	$2.7M	10x	as long as short
Nado TSLA-PERP	+0.0200%	1h	377.68	−0.095%	$501K	$99K	20x	as long as short
RISEx TSLA/USDC	+0.0351%	1h	377.93	−0.029%	$229K	$633K	20x	as long as short
Phoenix TSLA	+0.0360%	1h	378.24	+0.054%	$1.3M	$484K	20x	as long as short
GRVT TSLA_USDT_Perplong	+0.0417%	8h	378.04	long leg	$848K	$2.9M	10x