Funding arb · Price arb /

TSLA

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0729%/8h= −79.8% APRpaid last 24h −0.204%

Price spread now: edgeX against Aster−0.004%7-day average −0.042% · you buy dearer than you sell

Net, funding: paid 7d − costs−$39as in the Funding arb table

Net, price: spread back to 7d avg − costs−$27as in the Price arb table

costs, in and out, $10k−$310.309% of the position

Long on Aster Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.078%−$8 on $10k

Price spread, last 7 days−0.029%−$3 · spread now −0.004%, 7d avg −0.042%

Together, before fees−0.107%+ Points / potential airdropAster: Stage 5 · edgeX: Active · farm board−$11 on $10k · with fees, hour by hour

The price spread pays, funding is against you. edgeX is 0.038% dearer against Aster than usual: you sell high and buy low (spread −0.004% now, against its 7-day average of −0.042%): +$4 on $10k if it goes back. Holding the pair costs −$22 a day in funding at the current rate, which eats that in about 4 hours. At the pace of the last 7 days (−0.078% in total) that is about 3.4 days.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.078% in total (about -4.0% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster TSLAUSDT	376.17	0	get 0.0000% / 8h	3h 01m	$576K	$198K	50x
Short	edgeX TSLAUSDC	376.15	−0.0729	pay 0.0365% / 4h	3h 01m	$398K	$1.0M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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 edgeXbpOrdersPrice spread, now −0.004%Rate

Funding earned: −$153.13
Price spread: −0.004% → −0.042%: $3.82
Slippage, 4 orders: −$13.94
Fee Aster: 4 bp × 2 orders: −$8
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$180.25
Costs to cover: 0.309%
Break-even: never at this rate

Slippage from Aster: live order book, 51 min ago; edgeX: live order book, 3 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, 51 min ago	0.66 bp	6.1 bp −$6	256.1 bp −$2,561	doesn't fit	doesn't fit
Sell edgeX live order book, 3 min ago	4.25 bp	8.9 bp −$9	12.0 bp −$120	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 TSLAUSDCshort	−0.0729%	4h	376.15	−0.004%	$398K	$1.0M	10x
BloFin TSLA-USDT	0.0000%	8h	376.15	−0.004%	$577K	$353K	20x	as long as short
Aster TSLAUSDTlong	0.0000%	8h	376.17	long leg	$576K	$198K	50x
Extended TSLA_24_5-USD	0.0000%	1h	376.01	−0.040%	$480K	$2.7M	10x	as long as short
Binance TSLAUSDT	0.0000%	8h	376.12	−0.013%	$47.0M	$112.5M	25x	as long as short
Bybit TSLAUSDT	0.0000%	8h	376.04	−0.033%	$10.2M	$15.3M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	376.07	−0.025%	$11.2M	$16.9M	25x	as long as short
RISEx TSLA/USDC	0.0000%	1h	376.18	+0.003%	$289K	$580K	20x	as long as short
Bitget TSLAUSDT	0.0000%	8h	376.11	−0.015%	$17.1M	$22.6M	100x	as long as short
Variational Omni TSLA	0.0000%	8h	376.30	+0.036%	$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	376.21	+0.012%	$200K	$913K	20x	as long as short
Phemex TSLAUSDT	0.0000%	4h	376.17	+0.001%	$1.1M	$14K	10x	as long as short
Aftermath Perps TSLAUSD	+0.0021%	1h	376.02	−0.040%	$38K	$40K	10x	as long as short
Gate TSLA_USDT	+0.0023%	8h	376.17	+0.001%	$2.3M	$3.6M	100x	as long as short
Lighter RH TSLA	+0.0032%	1h	376.05	−0.031%	$1.2M	$2.5M	20x	as long as short
QFEX TSLA-USD	+0.0033%	1h	376.14	−0.007%	$1.2M	$6.2M	10x	as long as short
Arcus TSLA-USD	+0.0040%	1h	375.91	−0.068%	$133K	$106K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	376.02	−0.039%	—	$128K	25x	as long as short
Hotstuff TSLA-PERP	+0.0048%	1h	375.84	−0.086%	$34K	—	20x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	375.79	−0.100%	$44.5M	$14.7M	20x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	376.01	−0.041%	$300K	$309K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	376.03	−0.036%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	375.95	−0.057%	$1.6M	$1.1M	10x	as long as short
Deribit TSLA_USDC-PERPETUAL	+0.0069%	1h	375.93	−0.062%	$18K	$192K	10x	as long as short
Lighter TSLA	+0.0080%	1h	376.06	−0.028%	$838K	$3.7M	20x	as long as short
Coinbase International TSLA-PERP-INTX	+0.0080%	1h	376.13	−0.009%	$511K	$337K	10x	as long as short
Pacifica TSLA	+0.0100%	1h	375.91	−0.067%	$390K	$37K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	375.96	−0.055%	$1.5M	$105K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	375.89	−0.073%	$4K	$62K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	376.06	−0.028%	$41K	$23K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	376.08	−0.023%	$745	—	10x	as long as short
GRVT TSLA_USDT_Perp	+0.0120%	8h	376.25	+0.023%	$844K	$2.8M	10x	as long as short
Bullet TSLA-USD	+0.0147%	1h	376.15	−0.004%	$4K	$90K	10x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	380.08	+1.041%	$79K	$36K	30x	as long as short
Nado TSLA-PERP	+0.0234%	1h	375.93	−0.063%	$489K	$112K	20x	as long as short
Phoenix TSLA	+0.0276%	1h	376.23	+0.017%	$1.3M	$540K	20x	as long as short