Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.007%

Price spread now: tradeXYZ against Aster−0.056%7-day average −0.087% · you buy dearer than you sell

Net, funding: paid 7d − costs−$23as in the Funding arb table

Net, price: spread back to 7d avg − costs−$30as in the Price arb table

costs, in and out, $10k−$340.335% of the position

Long on Aster Short on tradeXYZ

What this pair did over the last

the charts below follow

Funding, last 7 days+0.105%+$11 on $10k

Price spread, last 7 days−0.013%−$1 · spread now −0.056%, 7d avg −0.087%

Together, before fees+0.092%+ Points / potential airdropAster: Stage 5 · tradeXYZ: Active · farm board+$9 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 tradeXYZ is 0.031% dearer against Aster than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.087%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster TSLAUSDT	376.47	0	get 0.0000% / 8h	2h 05m	$575K	$199K	50x
Short	tradeXYZ xyz:TSLA	376.26	0.0050	get 0.0006% / 1h	5m 28s	$44.6M	$14.8M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ 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 tradeXYZbpOrdersPrice spread, now −0.056%Rate

Funding earned: $10.5
Price spread: −0.056% → −0.087%: $3.12
Slippage, 4 orders: −$7.51
Fee Aster: 4 bp × 2 orders: −$8
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: −$19.88
Costs to cover: 0.335%
Break-even: 20.3 days

Slippage from Aster: live order book, 42 min ago; tradeXYZ: 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, 42 min ago	0.80 bp	6.5 bp −$6	203.4 bp −$2,034	doesn't fit	doesn't fit
Sell tradeXYZ live order book, 3 min ago	0.40 bp	10.2 bp −$10	12.4 bp −$124	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	−0.0344%	4h	376.60	+0.035%	$398K	$1.0M	10x	as long as short
Hotstuff TSLA-PERP	−0.0032%	1h	376.22	−0.066%	$34K	—	20x	as long as short
BloFin TSLA-USDT	−0.0007%	8h	376.66	+0.051%	$573K	$355K	20x	as long as short
Aster TSLAUSDTlong	0.0000%	8h	376.47	long leg	$575K	$199K	50x
Extended TSLA_24_5-USD	0.0000%	1h	376.47	+0.001%	$479K	$2.7M	10x	as long as short
Binance TSLAUSDT	0.0000%	8h	376.58	+0.029%	$47.3M	$113.1M	25x	as long as short
Bybit TSLAUSDT	0.0000%	8h	376.53	+0.016%	$10.2M	$15.4M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	376.52	+0.013%	$11.2M	$16.9M	25x	as long as short
Bitget TSLAUSDT	0.0000%	8h	376.51	+0.011%	$17.1M	$22.7M	100x	as long as short
Variational Omni TSLA	0.0000%	8h	376.54	+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	376.40	−0.018%	$200K	$917K	20x	as long as short
Phemex TSLAUSDT	0.0000%	4h	376.53	+0.016%	$1.1M	$14K	10x	as long as short
Gate TSLA_USDT	+0.0001%	8h	376.59	+0.032%	$2.3M	$3.6M	100x	as long as short
Aftermath Perps TSLAUSD	+0.0020%	1h	376.31	−0.043%	$38K	$39K	10x	as long as short
Lighter RH TSLA	+0.0032%	1h	376.46	−0.003%	$1.3M	$2.6M	20x	as long as short
Arcus TSLA-USD	+0.0040%	1h	376.27	−0.053%	$135K	$107K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	376.48	+0.003%	—	$125K	25x	as long as short
tradeXYZ xyz:TSLAshort	+0.0050%	1h	376.26	−0.056%	$44.6M	$14.8M	20x
Polymarket Perps TSLA-USD	+0.0050%	1h	376.43	−0.010%	$301K	$307K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	376.49	+0.005%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	376.19	−0.074%	$1.6M	$1.1M	10x	as long as short
QFEX TSLA-USD	+0.0052%	1h	376.51	+0.011%	$1.2M	$6.1M	10x	as long as short
RISEx TSLA/USDC	+0.0054%	1h	376.61	+0.037%	$217K	$618K	20x	as long as short
Pacifica TSLA	+0.0100%	1h	376.38	−0.024%	$390K	$36K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	376.23	−0.064%	$1.5M	$108K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	376.32	−0.040%	$4K	$62K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	376.30	−0.045%	$41K	$23K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	376.49	+0.006%	$745	—	10x	as long as short
Coinbase International TSLA-PERP-INTX	+0.0112%	1h	376.13	−0.090%	$511K	$337K	10x	as long as short
Deribit TSLA_USDC-PERPETUAL	+0.0122%	1h	376.34	−0.034%	$18K	$193K	10x	as long as short
Lighter TSLA	+0.0128%	1h	376.50	+0.008%	$829K	$3.7M	20x	as long as short
GRVT TSLA_USDT_Perp	+0.0179%	8h	376.61	+0.037%	$855K	$2.8M	10x	as long as short
Bullet TSLA-USD	+0.0185%	1h	376.59	+0.032%	$4K	$90K	10x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	379.54	+0.816%	$79K	$36K	30x	as long as short
Nado TSLA-PERP	+0.0236%	1h	376.29	−0.049%	$488K	$110K	20x	as long as short
Phoenix TSLA	+0.0298%	1h	376.74	+0.072%	$1.3M	$528K	20x	as long as short