Settings8H · net · $10k
Funding arb · Price arb /

TSLA

RWAall TSLA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC−0.0100%/8h= −10.9% APRnext payment $1.00 per $10,000 · paid last 24h +0.038%
Price spread now: GRVT against Orderly−0.035%70s7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno 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 −$3 a day on $10k at the current rate, and GRVT is 0.035% cheaper against Orderly than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 70 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_TSLA_USDC376.190.0100pay 0.0100% / 8h7h 47m$41K$23K20x
ShortGRVT TSLA_USDT_Perp376.060get 0.0000% / 8h7h 47m$845K$2.9M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT against Orderly. 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

Funding earned
−$21
Price spread: −0.035% → 0.000%
−$3.5
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
−$39.5
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: Orderly: no order-book sample; GRVT: live order book, 6 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Orderly no order-book sample
Sell GRVT live order book, 6 min ago0.13 bp8.1 bp −$814.3 bp −$143doesn't fitdoesn't fit
Orderly: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX TSLAUSDC−0.0294%4h375.73−0.123%$397K$1.0M10xas long as short
Hotstuff TSLA-PERP−0.0176%1h375.65−0.144%$34K20xas long as short
Bybit TSLAUSDT0.0000%8h376.16−0.008%$10.2M$15.2M100xas long as short
OKX TSLA-USDT-SWAP0.0000%8h376.13−0.016%$11.2M$16.8M25xas long as short
Gate TSLA_USDT0.0000%8h376.11−0.021%$2.3M$3.3M100xas long as short
Bitget TSLAUSDT0.0000%8h376.12−0.019%$17.3M$23.0M100xas long as short
GRVT TSLA_USDT_Perpshort0.0000%8h376.06−0.035%$845K$2.9M10x
StandX TSLA-USD0.0000%1h376.11−0.021%$200K$923K20xas long as short
Deribit TSLA_USDC-PERPETUAL0.0000%1h376.11−0.021%$18K$190K10xas long as short
Phemex TSLAUSDT0.0000%4h376.10−0.024%$1.1M$14K10xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster TSLAUSDT+0.0014%8h376.23+0.010%$574K$200K50xas long as short
Aftermath Perps TSLAUSD+0.0031%1h375.93−0.069%$38K$36K10xas long as short
Lighter TSLA+0.0032%1h376.13−0.016%$805K$3.7M20xas long as short
Lighter RH TSLA+0.0032%1h376.12−0.019%$1.2M$2.5M20xas long as short
Arcus TSLA-USD+0.0040%1h375.98−0.056%$135K$107K10xas long as short
Vest TSLA-USD-PERP+0.0046%1h376.14−0.013%$125K25xas long as short
Variational Omni TSLA+0.0048%8h376.06−0.034%$1.8M$1.3Mas long as short
QFEX TSLA-USD+0.0048%1h376.13−0.016%$1.2M$6.2M10xas long as short
tradeXYZ xyz:TSLA+0.0050%1h375.90−0.077%$44.6M$14.7M20xas long as short
Polymarket Perps TSLA-USD+0.0050%1h375.91−0.074%$300K$161K10xas long as short
SoDEX TSLA-USD+0.0050%1h376.10−0.024%$4K$3K10xas long as short
Ondo Perps TSLA-USD.P+0.0050%1h375.90−0.077%$1.6M$1.1M10xas long as short
BloFin TSLA-USDT+0.0069%8h376.23+0.011%$581K$357K20xas long as short
Extended TSLA_24_5-USD+0.0072%1h376.11−0.022%$483K$2.7M10xas long as short
Binance TSLAUSDT+0.0075%8h376.17−0.005%$47.1M$114.4M25xas long as short
Bullet TSLA-USD+0.0077%1h376.20+0.003%$6K$92K10xas long as short
Pacifica TSLA+0.0100%1h375.98−0.056%$389K$36K10xas long as short
KuCoin TSLAUSDTM+0.0100%8h375.98−0.056%$1.5M$2.1M20xas long as short
ApeX Omni TSLAUSDT+0.0100%1h375.86−0.088%$4K$62K50xas long as short
Orderly PERP_TSLA_USDClong+0.0100%8h376.19long leg$41K$23K20x
Aevo TSLA-PERP+0.0104%1h376.15−0.011%$74510xas long as short
Nado TSLA-PERP+0.0151%1h376.00−0.049%$498K$116K20xas long as short
Coinbase International TSLA-PERP-INTX+0.0160%1h376.02−0.045%$507K$357K10xas long as short
Injective TSLA/USDC PERP+0.0220%1h379.58+0.901%$79K$37K30xas long as short
RISEx TSLA/USDC+0.0290%1h376.20+0.003%$215K$653K20xas long as short
Phoenix TSLA+0.0404%1h376.14−0.013%$1.3M$507K20xas long as short