Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.009%

Price spread now: Phemex against Aster−0.020%7-day average −0.009% · you buy dearer than you sell

Net, funding: paid 7d − costs−$83as in the Funding arb table

Net, price: spread back to 7d avg − costs−$81as in the Price arb table

costs, in and out, $10k−$800.802% of the position

Long on Aster Short on Phemex

What this pair did over the last

the charts below follow

Funding, last 7 days−0.028%−$3 on $10k

Price spread, last 4 days (all we have)−0.023%−$2 · spread now −0.020%, 7d avg −0.009%

Together, before fees−0.051%+ Points / potential airdropAster: Stage 5 · farm board−$5 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster TSLAUSDT	376.26	0	get 0.0000% / 8h	2h 53m	$576K	$198K	50x
Short	Phemex TSLAUSDT	376.19	0	get 0.0000% / 4h	2h 53m	$1.1M	$14K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phemex 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 PhemexbpOrdersPrice spread, now −0.020%Rate

Funding earned: $0
Price spread: −0.020% → −0.009%: −$1.11
Slippage, 4 orders: −$60.18
Fee Aster: 4 bp × 2 orders: −$8
Fee Phemex: 6 bp × 2 orders: −$12
Net: −$81.3
Costs to cover: 0.802%
Break-even: never at this rate

Slippage from Aster: live order book, 59 min ago; Phemex: live order book, 4 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, 59 min ago	0.66 bp	6.1 bp −$6	256.1 bp −$2,561	doesn't fit	doesn't fit
Sell Phemex live order book, 4 min ago	0.80 bp	34.8 bp −$35	doesn't fit	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	−0.0230%	4h	376.18	−0.024%	$398K	$1.0M	10x	as long as short
BloFin TSLA-USDT	−0.0008%	8h	376.23	−0.009%	$579K	$353K	20x	as long as short
Aster TSLAUSDTlong	0.0000%	8h	376.26	long leg	$576K	$198K	50x
Extended TSLA_24_5-USD	0.0000%	1h	376.15	−0.030%	$480K	$2.7M	10x	as long as short
Binance TSLAUSDT	0.0000%	8h	376.24	−0.007%	$47.0M	$112.5M	25x	as long as short
Bybit TSLAUSDT	0.0000%	8h	376.17	−0.025%	$10.2M	$15.3M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	376.21	−0.015%	$11.2M	$16.9M	25x	as long as short
Hotstuff TSLA-PERP	0.0000%	1h	375.87	−0.105%	$34K	—	20x	as long as short
Bitget TSLAUSDT	0.0000%	8h	376.20	−0.017%	$17.1M	$22.7M	100x	as long as short
Variational Omni TSLA	0.0000%	8h	376.26	−0.002%	$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	376.24	−0.007%	$200K	$917K	20x	as long as short
Phemex TSLAUSDTshort	0.0000%	4h	376.19	−0.020%	$1.1M	$14K	10x
Aftermath Perps TSLAUSD	+0.0021%	1h	376.02	−0.066%	$38K	$40K	10x	as long as short
Gate TSLA_USDT	+0.0023%	8h	376.22	−0.012%	$2.3M	$3.5M	100x	as long as short
Lighter RH TSLA	+0.0032%	1h	376.15	−0.031%	$1.2M	$2.5M	20x	as long as short
Arcus TSLA-USD	+0.0040%	1h	375.91	−0.094%	$135K	$107K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	376.06	−0.054%	—	$128K	25x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	375.88	−0.102%	$44.5M	$14.7M	20x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	376.09	−0.046%	$300K	$309K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	376.11	−0.041%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	375.82	−0.118%	$1.6M	$1.1M	10x	as long as short
QFEX TSLA-USD	+0.0052%	1h	376.23	−0.009%	$1.3M	$6.2M	10x	as long as short
RISEx TSLA/USDC	+0.0054%	1h	376.25	−0.003%	$289K	$580K	20x	as long as short
Pacifica TSLA	+0.0100%	1h	375.93	−0.089%	$390K	$37K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	376.02	−0.065%	$1.5M	$105K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	375.97	−0.078%	$4K	$62K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	375.91	−0.094%	$41K	$23K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	376.13	−0.035%	$745	—	10x	as long as short
Coinbase International TSLA-PERP-INTX	+0.0112%	1h	376.13	−0.036%	$511K	$337K	10x	as long as short
GRVT TSLA_USDT_Perp	+0.0129%	8h	376.29	+0.007%	$848K	$2.8M	10x	as long as short
Lighter TSLA	+0.0144%	1h	376.17	−0.025%	$835K	$3.6M	20x	as long as short
Bullet TSLA-USD	+0.0200%	1h	376.24	−0.006%	$4K	$90K	10x	as long as short
Deribit TSLA_USDC-PERPETUAL	+0.0202%	1h	376.09	−0.046%	$18K	$192K	10x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	377.17	+0.241%	$78K	$36K	30x	as long as short
Nado TSLA-PERP	+0.0280%	1h	375.97	−0.079%	$489K	$112K	20x	as long as short
Phoenix TSLA	+0.0298%	1h	376.09	−0.046%	$1.3M	$528K	20x	as long as short