Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.2148%/8h= +235.2% APRpaid last 24h +0.121%

Price spread now: GRVT against Hotstuff+0.090%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Hotstuff Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropHotstuff: Active · GRVT: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$64 a day on $10k at the current rate, and GRVT is 0.090% dearer against Hotstuff than usual: you sell high and buy low: +$9 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hotstuff TSLA-PERP	376.42	−0.1600	get 0.0200% / 1h	3m 25s	$34K	—	20x
Short	GRVT TSLA_USDT_Perp	376.76	0.0548	get 0.0548% / 8h	7h 03m	$845K	$2.9M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT against Hotstuff. 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 HotstuffbpFee GRVTbpOrdersPrice spread, now +0.090%Rate

Funding earned: $451.08
Price spread: +0.090% → 0.000%: $9.02
Slippage, 4 orders: no order book: not counted
Fee Hotstuff: 2.5 bp × 2 orders: −$5
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: $446.1
Costs to cover: 0.140%
Break-even: 0.1 days

Slippage unknown: Hotstuff: no order-book sample; GRVT: live order book, 5 min ago. Net counts fees only.

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 Hotstuff no order-book sample	—	—	—	—	—
Sell GRVT live order book, 5 min ago	0.13 bp	7.0 bp −$7	11.7 bp −$117	doesn't fit	doesn't fit

Hotstuff: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Hotstuff TSLA-PERPlong	−0.1600%	1h	376.42	long leg	$34K	—	20x
edgeX TSLAUSDC	−0.0354%	4h	376.72	+0.081%	$397K	$1.1M	10x	as long as short
Bybit TSLAUSDT	0.0000%	8h	376.65	+0.061%	$10.1M	$15.1M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	376.69	+0.072%	$11.2M	$16.9M	25x	as long as short
Gate TSLA_USDT	0.0000%	8h	376.67	+0.066%	$2.3M	$3.4M	100x	as long as short
Bitget TSLAUSDT	0.0000%	8h	376.68	+0.069%	$17.3M	$23.6M	100x	as long as short
StandX TSLA-USD	0.0000%	1h	376.40	−0.005%	$200K	$966K	20x	as long as short
Deribit TSLA_USDC-PERPETUAL	0.0000%	1h	376.46	+0.011%	$18K	$192K	10x	as long as short
Phemex TSLAUSDT	0.0000%	4h	376.67	+0.066%	$1.1M	$14K	10x	as long as short
Aftermath Perps TSLAUSD	+0.0023%	1h	376.37	−0.013%	$38K	$36K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter TSLA	+0.0032%	1h	376.66	+0.064%	$805K	$3.7M	20x	as long as short
Lighter RH TSLA	+0.0032%	1h	376.64	+0.058%	$1.2M	$2.6M	20x	as long as short
Arcus TSLA-USD	+0.0040%	1h	376.45	+0.008%	$135K	$106K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	376.63	+0.056%	—	$126K	25x	as long as short
QFEX TSLA-USD	+0.0048%	1h	376.68	+0.069%	$1.3M	$6.2M	10x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	376.43	+0.003%	$44.7M	$14.9M	20x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	376.63	+0.056%	$301K	$161K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	376.67	+0.066%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	376.42	0.000%	$1.6M	$1.1M	10x	as long as short
Aster TSLAUSDT	+0.0056%	8h	376.28	−0.037%	$574K	$200K	50x	as long as short
Variational Omni TSLA	+0.0082%	8h	376.70	+0.075%	$1.7M	$1.5M	—	as long as short
Pacifica TSLA	+0.0100%	1h	376.40	−0.005%	$390K	$36K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	376.41	−0.003%	$1.5M	$2.7M	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	376.34	−0.021%	$4K	$62K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	376.54	+0.032%	$41K	$23K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	376.63	+0.055%	$746	—	10x	as long as short
Extended TSLA_24_5-USD	+0.0112%	1h	376.63	+0.056%	$481K	$2.7M	10x	as long as short
Binance TSLAUSDT	+0.0113%	8h	376.72	+0.080%	$47.2M	$115.3M	25x	as long as short
Bullet TSLA-USD	+0.0130%	1h	376.80	+0.101%	$6K	$93K	10x	as long as short
BloFin TSLA-USDT	+0.0134%	8h	376.74	+0.085%	$578K	$364K	20x	as long as short
Coinbase International TSLA-PERP-INTX	+0.0160%	1h	376.36	−0.016%	$508K	$365K	10x	as long as short
Nado TSLA-PERP	+0.0202%	1h	376.49	+0.019%	$499K	$111K	20x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	379.42	+0.797%	$79K	$37K	30x	as long as short
RISEx TSLA/USDC	+0.0290%	1h	376.73	+0.082%	$215K	$652K	20x	as long as short
Phoenix TSLA	+0.0404%	1h	376.79	+0.098%	$1.3M	$507K	20x	as long as short
GRVT TSLA_USDT_Perpshort	+0.0548%	8h	376.76	+0.090%	$845K	$2.9M	10x