Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0158%/8h= +17.3% APRpaid last 24h −0.002%

Price spread now: GRVT against tradeXYZ+0.106%66s7-day average +0.088% · you sell dearer than you buy

Net, funding: paid 7d − costs−$40as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$320.324% of the position

Long on tradeXYZ Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 7 days−0.072%−$7 on $10k

Price spread, last 7 days−0.044%−$4 · spread now +0.106%, 7d avg +0.088%

Together, before fees−0.116%+ Points / potential airdroptradeXYZ: Active · GRVT: Active · farm board−$12 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.088%, so right now this pair is about funding alone: +$5 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.072%, so the current rate has only just turned in your favour. The two prices were read 66 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	tradeXYZ xyz:TSLA	376.65	0.0043	pay 0.0005% / 1h	58m 16s	$44.3M	$14.2M	20x
Short	GRVT TSLA_USDT_Perp	377.05	0.0201	get 0.0201% / 8h	6h 58m	$851K	$2.7M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT against tradeXYZ. 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 tradeXYZbpFee GRVTbpOrdersPrice spread, now +0.106%Rate

Funding earned: $33.27
Price spread: +0.106% → +0.088%: $1.82
Slippage, 4 orders: −$5.43
Fee tradeXYZ: 9 bp × 2 orders: −$18
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: $2.66
Costs to cover: 0.324%
Break-even: 6.4 days

Slippage from tradeXYZ: live order book, 11 min ago; GRVT: 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 tradeXYZ live order book, 11 min ago	0.66 bp	10.0 bp −$10	10.9 bp −$109	doesn't fit	doesn't fit
Sell GRVT live order book, 5 min ago	0.26 bp	6.9 bp −$7	11.5 bp −$115	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	−0.0868%	4h	376.68	+0.007%	$398K	$1.0M	10x	as long as short
Coinbase International TSLA-PERP-INTX	−0.0016%	1h	375.11	−0.409%	$529K	$307K	10x	as long as short
Aster TSLAUSDT	0.0000%	8h	376.77	+0.032%	$577K	$195K	50x	as long as short
Extended TSLA_24_5-USD	0.0000%	1h	376.67	+0.005%	$479K	$10.8M	10x	as long as short
Binance TSLAUSDT	0.0000%	8h	376.73	+0.021%	$47.1M	$109.6M	25x	as long as short
Bybit TSLAUSDT	0.0000%	8h	376.77	+0.032%	$10.2M	$15.5M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	376.68	+0.008%	$11.2M	$16.6M	25x	as long as short
RISEx TSLA/USDC	0.0000%	1h	376.76	+0.031%	$292K	$598K	20x	as long as short
Hotstuff TSLA-PERP	0.0000%	1h	376.48	−0.045%	$34K	—	20x	as long as short
Gate TSLA_USDT	0.0000%	8h	376.80	+0.040%	$2.3M	$3.8M	100x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget TSLAUSDT	0.0000%	8h	376.72	+0.019%	$16.9M	$22.7M	100x	as long as short
Variational Omni TSLA	0.0000%	8h	376.87	+0.058%	$1.9M	$1.3M	—	as long as short
StandX TSLA-USD	0.0000%	1h	376.84	+0.050%	$200K	$905K	20x	as long as short
Bullet TSLA-USD	0.0000%	1h	376.79	+0.037%	$6K	$93K	10x	as long as short
Deribit TSLA_USDC-PERPETUAL	0.0000%	1h	376.68	+0.008%	$20K	$186K	10x	as long as short
Phemex TSLAUSDT	0.0000%	4h	376.68	+0.008%	$1.1M	$13K	10x	as long as short
Aftermath Perps TSLAUSD	+0.0009%	1h	376.67	+0.006%	$38K	$46K	10x	as long as short
BloFin TSLA-USDT	+0.0026%	8h	376.75	+0.027%	$573K	$340K	20x	as long as short
QFEX TSLA-USD	+0.0028%	1h	376.59	−0.016%	$1.2M	$6.9M	10x	as long as short
Lighter TSLA	+0.0032%	1h	376.77	+0.032%	$829K	$3.5M	20x	as long as short
Lighter RH TSLA	+0.0032%	1h	376.79	+0.037%	$1.2M	$2.6M	20x	as long as short
Arcus TSLA-USD	+0.0040%	1h	376.71	+0.016%	$163K	$93K	10x	as long as short
tradeXYZ xyz:TSLAlong	+0.0043%	1h	376.65	long leg	$44.3M	$14.2M	20x
Vest TSLA-USD-PERP	+0.0046%	1h	376.84	+0.050%	—	$133K	25x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	376.57	−0.021%	$301K	$310K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	376.65	0.000%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	376.74	+0.024%	$1.5M	$1.1M	10x	as long as short
Pacifica TSLA	+0.0100%	1h	376.61	−0.011%	$390K	$38K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	376.55	−0.027%	$1.5M	$106K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	376.60	−0.013%	$4K	$61K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	376.75	+0.027%	$41K	$20K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	376.72	+0.020%	$746	—	10x	as long as short
Nado TSLA-PERP	+0.0116%	1h	376.67	+0.004%	$490K	$112K	20x	as long as short
GRVT TSLA_USDT_Perpshort	+0.0201%	8h	377.05	+0.106%	$851K	$2.7M	10x
Injective TSLA/USDC PERP	+0.0220%	1h	377.21	+0.149%	$78K	$36K	30x	as long as short
Phoenix TSLA	+0.0277%	1h	377.02	+0.098%	$1.3M	$535K	20x	as long as short