Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0080%/8h= +8.8% APRpaid last 24h +0.014%

Price spread now: Coinbase International against Aster−0.004%7-day average −0.110% · you buy dearer than you sell

Net, funding: paid 7d − costs−$17as in the Funding arb table

Net, price: spread back to 7d avg − costs−$20as in the Price arb table

costs, in and out, $10k−$310.308% of the position

Long on Aster Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days+0.139%+$14 on $10k

Price spread, last 4 days (all we have)−0.129%−$13 · spread now −0.004%, 7d avg −0.110%

Together, before fees+0.010%+ Points / potential airdropAster: Stage 5 · farm board+$1 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Coinbase International is 0.106% dearer against Aster than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of −0.110%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster TSLAUSDT	376.47	0	get 0.0000% / 8h	3h 55m	$577K	$195K	50x
Short	Coinbase International TSLA-PERP-INTX	376.45	0.0080	get 0.0010% / 1h	55m 38s	$512K	$330K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International 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 Coinbase InternationalbpOrdersPrice spread, now −0.004%Rate

Funding earned: $16.8
Price spread: −0.004% → −0.110%: $10.57
Slippage, 4 orders: −$12.78
Fee Aster: 4 bp × 2 orders: −$8
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$3.42
Costs to cover: 0.308%
Break-even: 8.4 days

Slippage from Aster: live order book, 62 min ago; Coinbase International: live order book, 63 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, 62 min ago	1.33 bp	6.0 bp −$6	248.3 bp −$2,483	doesn't fit	doesn't fit
Sell Coinbase International live order book, 63 min ago	2.66 bp	9.3 bp −$9	11.1 bp −$111	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	−0.0732%	4h	376.40	−0.019%	$398K	$1.0M	10x	as long as short
BloFin TSLA-USDT	−0.0014%	8h	376.41	−0.015%	$578K	$352K	20x	as long as short
Aster TSLAUSDTlong	0.0000%	8h	376.47	long leg	$577K	$195K	50x
Extended TSLA_24_5-USD	0.0000%	1h	376.26	−0.055%	$480K	$2.7M	10x	as long as short
Binance TSLAUSDT	0.0000%	8h	376.34	−0.033%	$47.3M	$111.0M	25x	as long as short
Bybit TSLAUSDT	0.0000%	8h	376.41	−0.015%	$10.3M	$15.4M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	376.31	−0.041%	$11.2M	$16.9M	25x	as long as short
RISEx TSLA/USDC	0.0000%	1h	376.42	−0.013%	$290K	$582K	20x	as long as short
Bitget TSLAUSDT	0.0000%	8h	376.32	−0.039%	$17.0M	$22.9M	100x	as long as short
Variational Omni TSLA	0.0000%	8h	376.40	−0.018%	$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
StandX TSLA-USD	0.0000%	1h	376.41	−0.015%	$200K	$902K	20x	as long as short
Deribit TSLA_USDC-PERPETUAL	0.0000%	1h	376.26	−0.055%	$20K	$189K	10x	as long as short
Phemex TSLAUSDT	0.0000%	4h	376.51	+0.012%	$1.1M	$14K	10x	as long as short
tradeXYZ xyz:TSLA	+0.0013%	1h	376.08	−0.102%	$44.4M	$14.6M	20x	as long as short
Aftermath Perps TSLAUSD	+0.0022%	1h	376.43	−0.008%	$38K	$41K	10x	as long as short
Lighter TSLA	+0.0032%	1h	376.31	−0.041%	$818K	$3.6M	20x	as long as short
Lighter RH TSLA	+0.0032%	1h	376.36	−0.028%	$1.2M	$2.5M	20x	as long as short
QFEX TSLA-USD	+0.0033%	1h	376.33	−0.036%	$1.2M	$6.5M	10x	as long as short
Bullet TSLA-USD	+0.0037%	1h	376.43	−0.009%	$5K	$91K	10x	as long as short
Arcus TSLA-USD	+0.0040%	1h	376.20	−0.070%	$133K	$106K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	376.37	−0.025%	—	$130K	25x	as long as short
Gate TSLA_USDT	+0.0050%	8h	376.38	−0.023%	$2.3M	$3.5M	100x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	376.21	−0.068%	$301K	$309K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	376.35	−0.031%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	376.11	−0.094%	$1.6M	$1.1M	10x	as long as short
GRVT TSLA_USDT_Perp	+0.0063%	8h	376.44	−0.007%	$843K	$2.8M	10x	as long as short
Hotstuff TSLA-PERP	+0.0064%	1h	376.08	−0.102%	$34K	—	20x	as long as short
Coinbase International TSLA-PERP-INTXshort	+0.0080%	1h	376.45	−0.004%	$512K	$330K	10x
Pacifica TSLA	+0.0100%	1h	376.21	−0.068%	$390K	$38K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	376.32	−0.039%	$1.5M	$105K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	376.31	−0.041%	$4K	$62K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	376.41	−0.015%	$41K	$23K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	376.33	−0.035%	$745	—	10x	as long as short
Nado TSLA-PERP	+0.0162%	1h	376.26	−0.055%	$489K	$112K	20x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	377.29	+0.219%	$78K	$36K	30x	as long as short
Phoenix TSLA	+0.0255%	1h	376.67	+0.054%	$1.3M	$540K	20x	as long as short