Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0040%/8h= −4.4% APRpaid last 24h −0.045%

Price spread now: Aster against Arcus−0.058%46s7-day average +0.077% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

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

costs, in and out, $10k−$360.358% of the position

Long on Arcus Short on Aster

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.091%−$9 on $10k

Price spread, last 4 days (all we have)+0.107%+$11 · spread now −0.058%, 7d avg +0.077%

Together, before fees+0.017%+ Points / potential airdropAster: Stage 5 · farm board+$2 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Aster is 0.135% cheaper against Arcus than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of +0.077%). Swap the legs. The two prices were read 46 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	Arcus TSLA-USD	376.47	0.0040	pay 0.0005% / 1h	40m 52s	$135K	$108K	10x
Short	Aster TSLAUSDT	376.25	0	get 0.0000% / 8h	40m 52s	$574K	$200K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Arcus. 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 ArcusbpFee AsterbpOrdersPrice spread, now −0.058%Rate

Funding earned: −$8.46
Price spread: −0.058% → +0.077%: −$13.52
Slippage, 4 orders: −$23.3
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Fee Aster: 4 bp × 2 orders: −$8
Net: −$57.77
Costs to cover: 0.358%
Break-even: never at this rate

Slippage from Arcus: live order book, 62 min ago; Aster: live order book, 62 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 Arcus live order book, 62 min ago	3.59 bp	11.3 bp −$11	15.1 bp −$151	doesn't fit	doesn't fit
Sell Aster live order book, 62 min ago	1.06 bp	7.5 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	−0.0248%	4h	376.76	+0.078%	$398K	$1.0M	10x	as long as short
Aster TSLAUSDTshort	0.0000%	8h	376.25	−0.058%	$574K	$200K	50x
Bybit TSLAUSDT	0.0000%	8h	376.68	+0.056%	$10.2M	$15.3M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	376.75	+0.074%	$11.2M	$16.9M	25x	as long as short
Gate TSLA_USDT	0.0000%	8h	376.69	+0.058%	$2.3M	$3.5M	100x	as long as short
Bitget TSLAUSDT	0.0000%	8h	376.65	+0.048%	$17.2M	$22.9M	100x	as long as short
StandX TSLA-USD	0.0000%	1h	376.42	−0.013%	$200K	$923K	20x	as long as short
Phemex TSLAUSDT	0.0000%	4h	376.72	+0.066%	$1.1M	$14K	10x	as long as short
Hotstuff TSLA-PERP	+0.0024%	1h	376.58	+0.029%	$34K	—	20x	as long as short
Variational Omni TSLA	+0.0027%	8h	376.76	+0.077%	$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
Aftermath Perps TSLAUSD	+0.0030%	1h	376.37	−0.028%	$38K	$37K	10x	as long as short
BloFin TSLA-USDT	+0.0030%	8h	376.87	+0.106%	$577K	$356K	20x	as long as short
Lighter RH TSLA	+0.0032%	1h	376.63	+0.043%	$1.3M	$2.5M	20x	as long as short
Arcus TSLA-USDlong	+0.0040%	1h	376.47	long leg	$135K	$108K	10x
Vest TSLA-USD-PERP	+0.0046%	1h	376.72	+0.066%	—	$119K	25x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	376.47	0.000%	$44.7M	$14.9M	20x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	376.55	+0.021%	$301K	$304K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	376.48	+0.003%	$1.6M	$1.1M	10x	as long as short
Extended TSLA_24_5-USD	+0.0056%	1h	376.59	+0.031%	$480K	$2.7M	10x	as long as short
Binance TSLAUSDT	+0.0057%	8h	376.69	+0.058%	$47.2M	$113.5M	25x	as long as short
QFEX TSLA-USD	+0.0067%	1h	376.78	+0.082%	$1.2M	$6.2M	10x	as long as short
SoDEX TSLA-USD	+0.0087%	1h	376.74	+0.072%	$4K	$3K	10x	as long as short
Pacifica TSLA	+0.0100%	1h	376.49	+0.005%	$390K	$37K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	376.34	−0.035%	$1.5M	$335K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	376.33	−0.037%	$4K	$61K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	376.66	+0.050%	$41K	$23K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	376.77	+0.079%	$746	—	10x	as long as short
Coinbase International TSLA-PERP-INTX	+0.0176%	1h	375.69	−0.207%	$505K	$350K	10x	as long as short
Lighter TSLA	+0.0176%	1h	376.66	+0.050%	$822K	$3.7M	20x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	379.80	+0.885%	$79K	$36K	30x	as long as short
Deribit TSLA_USDC-PERPETUAL	+0.0255%	1h	376.64	+0.045%	$18K	$195K	10x	as long as short
RISEx TSLA/USDC	+0.0257%	1h	376.87	+0.105%	$215K	$651K	20x	as long as short
Bullet TSLA-USD	+0.0263%	1h	376.84	+0.098%	$6K	$91K	10x	as long as short
GRVT TSLA_USDT_Perp	+0.0264%	8h	376.71	+0.064%	$845K	$2.8M	10x	as long as short
Nado TSLA-PERP	+0.0272%	1h	376.55	+0.021%	$489K	$111K	20x	as long as short
Phoenix TSLA	+0.0404%	1h	376.46	−0.003%	$1.3M	$525K	20x	as long as short