Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0040%/8h= +4.4% APRpaid last 24h +0.045%

Price spread now: Arcus against Aster−0.031%7-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−$30as in the Price arb table

costs, in and out, $10k−$340.342% of the position

Long on Aster Short on Arcus

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.088%+$9 on $10k

Price spread, last 4 days (all we have)+0.002%$0 · spread now −0.031%, 7d avg −0.077%

Together, before fees+0.090%+ Points / potential airdropAster: Stage 5 · farm board+$9 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Arcus is 0.046% dearer against Aster than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.077%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster TSLAUSDT	377.14	0	get 0.0000% / 8h	5h 38m	$578K	$196K	50x
Short	Arcus TSLA-USD	377.02	0.0040	get 0.0005% / 1h	38m 12s	$161K	$95K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Arcus against Aster. 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 AsterbpFee ArcusbpOrdersPrice spread, now −0.031%Rate

Funding earned: $8.46
Price spread: −0.031% → −0.077%: $4.61
Slippage, 4 orders: −$21.66
Fee Aster: 4 bp × 2 orders: −$8
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Net: −$21.1
Costs to cover: 0.342%
Break-even: 24.5 days

Slippage from Aster: live order book, 24 min ago; Arcus: live order book, 25 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 Aster live order book, 24 min ago	1.19 bp	7.5 bp −$8	214.1 bp −$2,141	doesn't fit	doesn't fit
Sell Arcus live order book, 25 min ago	0.93 bp	11.3 bp −$11	15.5 bp −$155	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	−0.0390%	4h	377.07	−0.018%	$398K	$1.0M	10x	as long as short
Aster TSLAUSDTlong	0.0000%	8h	377.14	long leg	$578K	$196K	50x
Extended TSLA_24_5-USD	0.0000%	1h	377.00	−0.035%	$479K	$7.4M	10x	as long as short
Binance TSLAUSDT	0.0000%	8h	377.10	−0.009%	$47.4M	$110.5M	25x	as long as short
Bybit TSLAUSDT	0.0000%	8h	377.19	+0.014%	$10.3M	$15.4M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	377.08	−0.015%	$11.2M	$16.8M	25x	as long as short
RISEx TSLA/USDC	0.0000%	1h	377.14	+0.001%	$290K	$599K	20x	as long as short
Bitget TSLAUSDT	0.0000%	8h	377.17	+0.009%	$17.0M	$22.9M	100x	as long as short
Variational Omni TSLA	0.0000%	8h	377.02	−0.031%	$1.9M	$1.4M	—	as long as short
GRVT TSLA_USDT_Perp	0.0000%	8h	377.34	+0.053%	$850K	$2.8M	10x	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	377.07	−0.018%	$200K	$909K	20x	as long as short
Deribit TSLA_USDC-PERPETUAL	0.0000%	1h	376.87	−0.071%	$20K	$187K	10x	as long as short
Coinbase International TSLA-PERP-INTX	0.0000%	1h	377.33	+0.051%	$513K	$328K	10x	as long as short
Phemex TSLAUSDT	0.0000%	4h	377.14	+0.001%	$1.1M	$15K	10x	as long as short
BloFin TSLA-USDT	+0.0010%	8h	377.33	+0.051%	$577K	$341K	20x	as long as short
Aftermath Perps TSLAUSD	+0.0010%	1h	377.06	−0.020%	$38K	$43K	10x	as long as short
QFEX TSLA-USD	+0.0019%	1h	377.04	−0.026%	$1.2M	$6.6M	10x	as long as short
Lighter TSLA	+0.0032%	1h	377.08	−0.015%	$820K	$3.6M	20x	as long as short
Lighter RH TSLA	+0.0032%	1h	377.09	−0.012%	$1.2M	$2.6M	20x	as long as short
Arcus TSLA-USDshort	+0.0040%	1h	377.02	−0.031%	$161K	$95K	10x
Vest TSLA-USD-PERP	+0.0046%	1h	377.06	−0.020%	—	$130K	25x	as long as short
Bullet TSLA-USD	+0.0047%	1h	377.13	−0.002%	$5K	$92K	10x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	376.79	−0.092%	$44.3M	$14.3M	20x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	377.01	−0.034%	$301K	$310K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	377.02	−0.031%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	376.81	−0.087%	$1.5M	$1.1M	10x	as long as short
Hotstuff TSLA-PERP	+0.0072%	1h	376.79	−0.092%	$34K	—	20x	as long as short
Pacifica TSLA	+0.0100%	1h	376.99	−0.039%	$390K	$37K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	377.01	−0.034%	$1.5M	$105K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	377.09	−0.012%	$4K	$62K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	376.88	−0.068%	$41K	$22K	20x	as long as short
Gate TSLA_USDT	+0.0102%	8h	377.12	−0.005%	$2.3M	$3.7M	100x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	377.02	−0.031%	$747	—	10x	as long as short
Nado TSLA-PERP	+0.0141%	1h	376.95	−0.049%	$490K	$112K	20x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	378.30	+0.308%	$79K	$36K	30x	as long as short
Phoenix TSLA	+0.0254%	1h	377.37	+0.062%	$1.3M	$539K	20x	as long as short