Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC−0.0071%/8h= −7.7% APRpaid last 24h +0.004%

Price spread now: SoDEX against Aster−0.049%55s7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Aster Short on SoDEX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and SoDEX is 0.049% cheaper against Aster than usual: you would sell low and buy high (−$5 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster TSLAUSDT	378.30	0.0121	pay 0.0121% / 8h	5h 27m	$576K	$200K	50x
Short	SoDEX TSLA-USD	378.12	0.0050	get 0.0006% / 1h	27m 20s	$4K	$3K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX 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 SoDEXbpOrdersPrice spread, now −0.049%Rate

Funding earned: −$14.82
Price spread: −0.049% → 0.000%: −$4.87
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$35.69
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: Aster: live order book, 18 min ago; SoDEX: no order-book sample. Net counts fees only.

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, 18 min ago	2.38 bp	21.1 bp −$21	362.8 bp −$3,628	doesn't fit	doesn't fit
Sell SoDEX no order-book sample	—	—	—	—	—

SoDEX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

TSLA on 36 exchanges

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	377.89	−0.109%	$34K	—	20x	as long as short
edgeX TSLAUSDC	−0.0528%	4h	378.10	−0.054%	$399K	$1.0M	10x	as long as short
Bybit TSLAUSDT	0.0000%	8h	378.19	−0.030%	$10.2M	$14.2M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	378.16	−0.038%	$11.3M	$15.6M	25x	as long as short
Gate TSLA_USDT	0.0000%	8h	378.17	−0.035%	$2.3M	$3.2M	100x	as long as short
Bitget TSLAUSDT	0.0000%	8h	378.19	−0.030%	$17.3M	$24.2M	100x	as long as short
StandX TSLA-USD	0.0000%	1h	377.94	−0.096%	$201K	$985K	20x	as long as short
Deribit TSLA_USDC-PERPETUAL	0.0000%	1h	377.95	−0.094%	$18K	$189K	10x	as long as short
Phemex TSLAUSDT	0.0000%	4h	378.23	−0.020%	$1.1M	$14K	10x	as long as short
Aftermath Perps TSLAUSD	+0.0023%	1h	377.95	−0.095%	$38K	$36K	10x	as long as short

Show all 36 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH TSLA	+0.0032%	1h	378.09	−0.057%	$1.2M	$2.5M	20x	as long as short
Injective TSLA/USDC PERP	+0.0033%	1h	377.45	−0.226%	$74K	$41K	30x	as long as short
Arcus TSLA-USD	+0.0044%	1h	377.89	−0.109%	$133K	$85K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	378.09	−0.057%	—	$126K	25x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	377.88	−0.112%	$44.8M	$14.9M	20x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	377.92	−0.102%	$301K	$134K	10x	as long as short
SoDEX TSLA-USDshort	+0.0050%	1h	378.12	−0.049%	$4K	$3K	10x
Ondo Perps TSLA-USD.P	+0.0050%	1h	377.92	−0.102%	$1.5M	$1.2M	10x	as long as short
QFEX TSLA-USD	+0.0051%	1h	378.09	−0.057%	$1.2M	$6.2M	10x	as long as short
Lighter TSLA	+0.0072%	1h	378.11	−0.051%	$808K	$3.6M	20x	as long as short
Pacifica TSLA	+0.0100%	1h	377.86	−0.117%	$392K	$36K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	377.83	−0.125%	$1.4M	$4.1M	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	377.92	−0.102%	$4K	$62K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	377.90	−0.107%	$41K	$23K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	378.04	−0.070%	$749	—	10x	as long as short
Coinbase International TSLA-PERP-INTX	+0.0112%	1h	377.89	−0.109%	$519K	$384K	10x	as long as short
Aster TSLAUSDTlong	+0.0121%	8h	378.30	long leg	$576K	$200K	50x
Variational Omni TSLA	+0.0146%	8h	377.99	−0.084%	$1.7M	$1.5M	—	as long as short
Bullet TSLA-USD	+0.0146%	1h	378.17	−0.034%	$5K	$94K	10x	as long as short
BloFin TSLA-USDT	+0.0160%	8h	378.21	−0.025%	$590K	$375K	20x	as long as short
Extended TSLA_24_5-USD	+0.0176%	1h	378.08	−0.058%	$486K	$2.7M	10x	as long as short
Binance TSLAUSDT	+0.0176%	8h	378.19	−0.030%	$47.4M	$115.1M	25x	as long as short
Nado TSLA-PERP	+0.0186%	1h	377.94	−0.097%	$501K	$99K	20x	as long as short
RISEx TSLA/USDC	+0.0351%	1h	378.21	−0.025%	$229K	$634K	20x	as long as short
Phoenix TSLA	+0.0360%	1h	378.21	−0.025%	$1.3M	$484K	20x	as long as short
GRVT TSLA_USDT_Perp	+0.0421%	8h	378.13	−0.047%	$847K	$2.9M	10x	as long as short