Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.014%

Price spread now: Phemex against GRVT−0.001%7-day average −0.010% · you buy dearer than you sell

Net, funding: paid 7d − costs−$83as in the Funding arb table

Net, price: spread back to 7d avg − costs−$76as in the Price arb table

costs, in and out, $10k−$770.769% of the position

Long on GRVT Short on Phemex

What this pair did over the last

the charts below follow

Funding, last 7 days−0.065%−$7 on $10k

Price spread, last 3 days (all we have)−0.017%−$2 · spread now −0.001%, 7d avg −0.010%

Together, before fees−0.082%+ Points / potential airdropGRVT: Active · farm board−$8 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GRVT TSLA_USDT_Perp	377.38	0	get 0.0000% / 8h	5h 57m	$852K	$2.8M	10x
Short	Phemex TSLAUSDT	377.38	0	get 0.0000% / 4h	1h 57m	$1.1M	$15K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phemex 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 PhemexbpOrdersPrice spread, now −0.001%Rate

Funding earned: $0
Price spread: −0.001% → −0.010%: $0.9
Slippage, 4 orders: −$55.93
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee Phemex: 6 bp × 2 orders: −$12
Net: −$76.03
Costs to cover: 0.769%
Break-even: never at this rate

Slippage from GRVT: live order book, 6 min ago; Phemex: live order book, 5 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, 6 min ago	0.13 bp	5.3 bp −$5	10.6 bp −$106	doesn't fit	doesn't fit
Sell Phemex live order book, 5 min ago	1.86 bp	29.0 bp −$29	doesn't fit	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 TSLAUSDC	−0.0179%	4h	377.21	−0.046%	$398K	$1.0M	10x	as long as short
Aster TSLAUSDT	0.0000%	8h	377.38	−0.002%	$578K	$196K	50x	as long as short
Extended TSLA_24_5-USD	0.0000%	1h	377.32	−0.017%	$479K	$8.3M	10x	as long as short
Binance TSLAUSDT	0.0000%	8h	377.47	+0.021%	$47.4M	$110.5M	25x	as long as short
Bybit TSLAUSDT	0.0000%	8h	377.57	+0.049%	$10.3M	$15.5M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	377.40	+0.004%	$11.2M	$16.8M	25x	as long as short
RISEx TSLA/USDC	0.0000%	1h	377.44	+0.015%	$290K	$599K	20x	as long as short
Bitget TSLAUSDT	0.0000%	8h	377.35	−0.009%	$17.0M	$22.9M	100x	as long as short
Variational Omni TSLA	0.0000%	8h	377.25	−0.036%	$1.9M	$1.4M	—	as long as short
GRVT TSLA_USDT_Perplong	0.0000%	8h	377.38	long leg	$852K	$2.8M	10x

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
StandX TSLA-USD	0.0000%	1h	377.36	−0.007%	$200K	$908K	20x	as long as short
Deribit TSLA_USDC-PERPETUAL	0.0000%	1h	377.20	−0.049%	$20K	$187K	10x	as long as short
Coinbase International TSLA-PERP-INTX	0.0000%	1h	377.33	−0.015%	$513K	$328K	10x	as long as short
Phemex TSLAUSDTshort	0.0000%	4h	377.38	−0.001%	$1.1M	$15K	10x
Aftermath Perps TSLAUSD	+0.0008%	1h	377.21	−0.046%	$38K	$44K	10x	as long as short
QFEX TSLA-USD	+0.0019%	1h	377.36	−0.007%	$1.3M	$6.6M	10x	as long as short
Lighter TSLA	+0.0032%	1h	377.30	−0.022%	$824K	$3.5M	20x	as long as short
Lighter RH TSLA	+0.0032%	1h	377.35	−0.009%	$1.2M	$2.6M	20x	as long as short
Bullet TSLA-USD	+0.0040%	1h	377.39	+0.002%	$5K	$92K	10x	as long as short
Arcus TSLA-USD	+0.0040%	1h	377.20	−0.049%	$161K	$95K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	377.40	+0.004%	—	$130K	25x	as long as short
Hotstuff TSLA-PERP	+0.0048%	1h	376.92	−0.123%	$34K	—	20x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	377.07	−0.083%	$44.3M	$14.2M	20x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	377.24	−0.038%	$301K	$310K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	377.32	−0.017%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	377.08	−0.081%	$1.5M	$1.1M	10x	as long as short
Gate TSLA_USDT	+0.0079%	8h	377.43	+0.012%	$2.3M	$3.7M	100x	as long as short
Pacifica TSLA	+0.0100%	1h	377.28	−0.028%	$391K	$37K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	377.26	−0.033%	$1.5M	$105K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	377.14	−0.065%	$4K	$62K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	377.20	−0.049%	$41K	$22K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	377.26	−0.033%	$747	—	10x	as long as short
Nado TSLA-PERP	+0.0122%	1h	377.21	−0.045%	$490K	$112K	20x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	377.91	+0.139%	$79K	$36K	30x	as long as short
Phoenix TSLA	+0.0255%	1h	377.28	−0.028%	$1.3M	$539K	20x	as long as short