Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0008%/8h= −0.9% APRpaid last 24h +0.002%

Price spread now: QFEX against Aster+0.106%7-day average −0.052% · you sell dearer than you buy

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

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

costs, in and out, $10k−$430.429% of the position

Long on Aster Short on QFEX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.002%$0 on $10k

Price spread, last 7 days−0.175%−$18 · spread now +0.106%, 7d avg −0.052%

Together, before fees−0.173%+ Points / potential airdropAster: Stage 5 · farm board−$17 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: QFEX is 0.158% dearer against Aster than usual: you sell high and buy low, +$16 on $10k if it goes back to its 7-day average of −0.052%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster TSLAUSDT	376.28	0.0056	pay 0.0056% / 8h	7h 03m	$574K	$200K	50x
Short	QFEX TSLA-USD	376.68	0.0048	get 0.0006% / 1h	3m 25s	$1.3M	$6.2M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

QFEX 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 QFEXbpOrdersPrice spread, now +0.106%Rate

Funding earned: −$1.7
Price spread: +0.106% → −0.052%: $15.76
Slippage, 4 orders: −$24.88
Fee Aster: 4 bp × 2 orders: −$8
Fee QFEX: 5 bp × 2 orders: −$10
Net: −$28.82
Costs to cover: 0.429%
Break-even: never at this rate

Slippage from Aster: live order book, 29 min ago; QFEX: live order book, 5 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, 29 min ago	1.20 bp	20.1 bp −$20	471.5 bp −$4,715	doesn't fit	doesn't fit
Sell QFEX live order book, 5 min ago	1.33 bp	6.3 bp −$6	6.3 bp −$63	11.0 bp −$1,103	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
Hotstuff TSLA-PERP	−0.1600%	1h	376.42	+0.037%	$34K	—	20x	as long as short
edgeX TSLAUSDC	−0.0354%	4h	376.72	+0.117%	$397K	$1.1M	10x	as long as short
Bybit TSLAUSDT	0.0000%	8h	376.65	+0.098%	$10.1M	$15.1M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	376.69	+0.108%	$11.2M	$16.9M	25x	as long as short
Gate TSLA_USDT	0.0000%	8h	376.67	+0.103%	$2.3M	$3.4M	100x	as long as short
Bitget TSLAUSDT	0.0000%	8h	376.68	+0.106%	$17.3M	$23.6M	100x	as long as short
StandX TSLA-USD	0.0000%	1h	376.40	+0.031%	$200K	$966K	20x	as long as short
Deribit TSLA_USDC-PERPETUAL	0.0000%	1h	376.46	+0.047%	$18K	$192K	10x	as long as short
Phemex TSLAUSDT	0.0000%	4h	376.67	+0.103%	$1.1M	$14K	10x	as long as short
Aftermath Perps TSLAUSD	+0.0023%	1h	376.37	+0.023%	$38K	$36K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter TSLA	+0.0032%	1h	376.66	+0.100%	$805K	$3.7M	20x	as long as short
Lighter RH TSLA	+0.0032%	1h	376.64	+0.095%	$1.2M	$2.6M	20x	as long as short
Arcus TSLA-USD	+0.0040%	1h	376.45	+0.045%	$135K	$106K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	376.63	+0.092%	—	$126K	25x	as long as short
QFEX TSLA-USDshort	+0.0048%	1h	376.68	+0.106%	$1.3M	$6.2M	10x
tradeXYZ xyz:TSLA	+0.0050%	1h	376.43	+0.039%	$44.7M	$14.9M	20x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	376.63	+0.092%	$301K	$161K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	376.67	+0.103%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	376.42	+0.037%	$1.6M	$1.1M	10x	as long as short
Aster TSLAUSDTlong	+0.0056%	8h	376.28	long leg	$574K	$200K	50x
Variational Omni TSLA	+0.0082%	8h	376.70	+0.112%	$1.7M	$1.5M	—	as long as short
Pacifica TSLA	+0.0100%	1h	376.40	+0.032%	$390K	$36K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	376.41	+0.034%	$1.5M	$2.7M	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	376.34	+0.015%	$4K	$62K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	376.54	+0.069%	$41K	$23K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	376.63	+0.092%	$746	—	10x	as long as short
Extended TSLA_24_5-USD	+0.0112%	1h	376.63	+0.093%	$481K	$2.7M	10x	as long as short
Binance TSLAUSDT	+0.0113%	8h	376.72	+0.116%	$47.2M	$115.3M	25x	as long as short
Bullet TSLA-USD	+0.0130%	1h	376.80	+0.138%	$6K	$93K	10x	as long as short
BloFin TSLA-USDT	+0.0134%	8h	376.74	+0.122%	$578K	$364K	20x	as long as short
Coinbase International TSLA-PERP-INTX	+0.0160%	1h	376.36	+0.021%	$508K	$365K	10x	as long as short
Nado TSLA-PERP	+0.0202%	1h	376.49	+0.056%	$499K	$111K	20x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	379.42	+0.834%	$79K	$37K	30x	as long as short
RISEx TSLA/USDC	+0.0290%	1h	376.73	+0.119%	$215K	$652K	20x	as long as short
Phoenix TSLA	+0.0404%	1h	376.79	+0.135%	$1.3M	$507K	20x	as long as short
GRVT TSLA_USDT_Perp	+0.0548%	8h	376.76	+0.127%	$845K	$2.9M	10x	as long as short