Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0022%/8h= +2.4% APRpaid last 24h +0.054%

Price spread now: GRVT against Polymarket Perps+0.045%7-day average +0.092% · you sell dearer than you buy

Net, funding: paid 7d − costs−$27as in the Funding arb table

Net, price: spread back to 7d avg − costs−$33as in the Price arb table

costs, in and out, $10k−$290.287% of the position

Long on Polymarket Perps Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 7 days+0.016%+$2 on $10k

Price spread, last 7 days+0.039%+$4 · spread now +0.045%, 7d avg +0.092%

Together, before fees+0.055%+ Points / potential airdropGRVT: Active · farm board+$5 on $10k · with fees, hour by hour

Funding pays, the price is against you. GRVT is 0.047% cheaper against Polymarket Perps than usual: you would sell low and buy high (spread +0.045% now, against its 7-day average of +0.092%). If the spread goes back, that is −$5 on $10k: about 7.2 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.016% in total) that is about 21 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps TSLA-USD	376.47	0.0050	pay 0.0006% / 1h	41m 17s	$301K	$309K	10x
Short	GRVT TSLA_USDT_Perp	376.64	0.0072	get 0.0072% / 8h	4h 41m	$843K	$2.8M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT against Polymarket Perps. 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 Polymarket PerpsbpFee GRVTbpOrdersPrice spread, now +0.045%Rate

Funding earned: $4.62
Price spread: +0.045% → +0.092%: −$4.73
Slippage, 4 orders: −$11.68
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$28.79
Costs to cover: 0.287%
Break-even: 50.6 days

Slippage from Polymarket Perps: live order book, 16 min ago; GRVT: live order book, 2 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 Polymarket Perps live order book, 16 min ago	1.99 bp	6.3 bp −$6	6.3 bp −$63	7.3 bp −$734	doesn't fit
Sell GRVT live order book, 2 min ago	0.13 bp	8.3 bp −$8	13.4 bp −$134	doesn't fit	doesn't fit

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	−0.0268%	4h	376.63	+0.043%	$398K	$1.0M	10x	as long as short
BloFin TSLA-USDT	−0.0019%	8h	376.66	+0.050%	$577K	$353K	20x	as long as short
Aster TSLAUSDT	0.0000%	8h	376.78	+0.081%	$577K	$196K	50x	as long as short
Extended TSLA_24_5-USD	0.0000%	1h	376.60	+0.035%	$480K	$4.7M	10x	as long as short
Binance TSLAUSDT	0.0000%	8h	376.70	+0.062%	$47.3M	$111.1M	25x	as long as short
Bybit TSLAUSDT	0.0000%	8h	376.76	+0.077%	$10.3M	$15.4M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	376.63	+0.043%	$11.2M	$16.9M	25x	as long as short
RISEx TSLA/USDC	0.0000%	1h	376.75	+0.073%	$290K	$587K	20x	as long as short
Bitget TSLAUSDT	0.0000%	8h	376.63	+0.043%	$17.0M	$23.1M	100x	as long as short
Variational Omni TSLA	0.0000%	8h	376.42	−0.015%	$1.9M	$1.4M	—	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	376.73	+0.069%	$200K	$906K	20x	as long as short
Deribit TSLA_USDC-PERPETUAL	0.0000%	1h	376.63	+0.043%	$20K	$188K	10x	as long as short
Phemex TSLAUSDT	0.0000%	4h	376.69	+0.058%	$1.1M	$14K	10x	as long as short
Aftermath Perps TSLAUSD	+0.0017%	1h	376.44	−0.008%	$38K	$42K	10x	as long as short
Lighter TSLA	+0.0032%	1h	376.69	+0.058%	$817K	$3.6M	20x	as long as short
Lighter RH TSLA	+0.0032%	1h	376.67	+0.053%	$1.2M	$2.5M	20x	as long as short
QFEX TSLA-USD	+0.0038%	1h	376.65	+0.048%	$1.2M	$6.5M	10x	as long as short
Arcus TSLA-USD	+0.0040%	1h	376.32	−0.040%	$162K	$96K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	376.73	+0.069%	—	$130K	25x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	376.45	−0.005%	$44.3M	$14.3M	20x	as long as short
Polymarket Perps TSLA-USDlong	+0.0050%	1h	376.47	long leg	$301K	$309K	10x
SoDEX TSLA-USD	+0.0050%	1h	376.61	+0.037%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	376.32	−0.040%	$1.6M	$1.1M	10x	as long as short
Bullet TSLA-USD	+0.0055%	1h	376.70	+0.062%	$6K	$92K	10x	as long as short
Coinbase International TSLA-PERP-INTX	+0.0056%	1h	377.04	+0.151%	$513K	$331K	10x	as long as short
GRVT TSLA_USDT_Perpshort	+0.0072%	8h	376.64	+0.045%	$843K	$2.8M	10x
Pacifica TSLA	+0.0100%	1h	376.57	+0.026%	$390K	$38K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	376.68	+0.056%	$1.5M	$105K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	376.44	−0.008%	$4K	$62K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	376.58	+0.029%	$41K	$23K	20x	as long as short
Gate TSLA_USDT	+0.0102%	8h	376.68	+0.056%	$2.3M	$3.6M	100x	as long as short
Hotstuff TSLA-PERP	+0.0104%	1h	376.42	−0.013%	$34K	—	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	376.60	+0.034%	$746	—	10x	as long as short
Nado TSLA-PERP	+0.0157%	1h	376.68	+0.055%	$490K	$112K	20x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	377.69	+0.324%	$79K	$36K	30x	as long as short
Phoenix TSLA	+0.0255%	1h	376.45	−0.005%	$1.3M	$539K	20x	as long as short