Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0157%/8h= −17.2% APRpaid last 24h +0.003%

Price spread now: GRVT against Injective−0.302%7-day average — · you buy dearer than you sell

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

Long on Injective Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 7 days−0.329%−$33 on $10k

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

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

Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and GRVT is 0.302% cheaper against Injective than usual: you would sell low and buy high (−$30 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Injective TSLA/USDC PERP	377.58	0.0220	pay 0.0028% / 1h	52m 00s	$78K	$36K	30x
Short	GRVT TSLA_USDT_Perp	376.44	0.0063	get 0.0063% / 8h	3h 52m	$843K	$2.8M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT against Injective. 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 InjectivebpFee GRVTbpOrdersPrice spread, now −0.302%Rate

Funding earned: −$32.97
Price spread: −0.302% → 0.000%: −$30.25
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$72.24
Costs to cover: 0.090%
Break-even: never at this rate

Slippage unknown: Injective: no order-book sample; GRVT: live order book, 2 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 Injective no order-book sample	—	—	—	—	—
Sell GRVT live order book, 2 min ago	0.13 bp	7.2 bp −$7	11.3 bp −$113	doesn't fit	doesn't fit

Injective: 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
edgeX TSLAUSDC	−0.0501%	4h	376.30	−0.338%	$398K	$1.0M	10x	as long as short
Aster TSLAUSDT	0.0000%	8h	376.31	−0.336%	$576K	$195K	50x	as long as short
Extended TSLA_24_5-USD	0.0000%	1h	376.20	−0.365%	$479K	$2.7M	10x	as long as short
Binance TSLAUSDT	0.0000%	8h	376.30	−0.338%	$47.3M	$111.1M	25x	as long as short
Bybit TSLAUSDT	0.0000%	8h	376.37	−0.320%	$10.3M	$15.4M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	376.26	−0.350%	$11.2M	$16.9M	25x	as long as short
RISEx TSLA/USDC	0.0000%	1h	376.42	−0.309%	$290K	$582K	20x	as long as short
Hotstuff TSLA-PERP	0.0000%	1h	376.00	−0.418%	$34K	—	20x	as long as short
Bitget TSLAUSDT	0.0000%	8h	376.25	−0.352%	$17.0M	$22.7M	100x	as long as short
Variational Omni TSLA	0.0000%	8h	376.40	−0.313%	$1.9M	$1.3M	—	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
StandX TSLA-USD	0.0000%	1h	376.33	−0.331%	$200K	$902K	20x	as long as short
Deribit TSLA_USDC-PERPETUAL	0.0000%	1h	376.09	−0.395%	$20K	$189K	10x	as long as short
Phemex TSLAUSDT	0.0000%	4h	376.44	−0.302%	$1.1M	$14K	10x	as long as short
BloFin TSLA-USDT	+0.0008%	8h	376.36	−0.323%	$577K	$352K	20x	as long as short
Aftermath Perps TSLAUSD	+0.0023%	1h	376.43	−0.303%	$38K	$41K	10x	as long as short
Lighter TSLA	+0.0032%	1h	376.24	−0.355%	$818K	$3.6M	20x	as long as short
Lighter RH TSLA	+0.0032%	1h	376.27	−0.347%	$1.2M	$2.5M	20x	as long as short
QFEX TSLA-USD	+0.0033%	1h	376.29	−0.342%	$1.2M	$6.5M	10x	as long as short
tradeXYZ xyz:TSLA	+0.0033%	1h	376.03	−0.411%	$44.4M	$14.6M	20x	as long as short
Bullet TSLA-USD	+0.0037%	1h	376.32	−0.334%	$5K	$91K	10x	as long as short
Arcus TSLA-USD	+0.0040%	1h	376.12	−0.387%	$133K	$106K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	376.32	−0.334%	—	$130K	25x	as long as short
Gate TSLA_USDT	+0.0046%	8h	376.30	−0.339%	$2.3M	$3.5M	100x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	376.25	−0.352%	$301K	$309K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	376.23	−0.358%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	375.95	−0.432%	$1.6M	$1.1M	10x	as long as short
GRVT TSLA_USDT_Perpshort	+0.0063%	8h	376.44	−0.302%	$843K	$2.8M	10x
Coinbase International TSLA-PERP-INTX	+0.0080%	1h	376.45	−0.299%	$512K	$330K	10x	as long as short
Pacifica TSLA	+0.0100%	1h	376.14	−0.380%	$390K	$38K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	376.21	−0.363%	$1.5M	$105K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	376.22	−0.360%	$4K	$62K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	376.20	−0.365%	$41K	$23K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	376.20	−0.366%	$745	—	10x	as long as short
Nado TSLA-PERP	+0.0178%	1h	376.13	−0.383%	$489K	$112K	20x	as long as short
Injective TSLA/USDC PERPlong	+0.0220%	1h	377.58	long leg	$78K	$36K	30x
Phoenix TSLA	+0.0276%	1h	376.67	−0.241%	$1.3M	$540K	20x	as long as short