Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0220%/8h= −24.1% APRpaid last 24h −0.057%

Price spread now: Aster against Injective−0.318%87s7-day average — · you buy dearer than you sell

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

Long on Injective Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days−0.421%−$42 on $10k

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 −$7 a day on $10k at the current rate, and Aster is 0.318% cheaper against Injective than usual: you would sell low and buy high (−$32 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 87 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	Injective TSLA/USDC PERP	378.30	0.0220	pay 0.0028% / 1h	39m 51s	$79K	$36K	30x
Short	Aster TSLAUSDT	377.10	0	get 0.0000% / 8h	5h 39m	$578K	$196K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Injective. 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 InjectivebpFee AsterbpOrdersPrice spread, now −0.318%Rate

Funding earned: −$46.2
Price spread: −0.318% → 0.000%: −$31.76
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Aster: 4 bp × 2 orders: −$8
Net: −$85.98
Costs to cover: 0.080%
Break-even: never at this rate

Slippage unknown: Injective: no order-book sample; Aster: live order book, 23 min ago. 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 Injective no order-book sample	—	—	—	—	—
Sell Aster live order book, 23 min ago	1.19 bp	5.9 bp −$6	11.6 bp −$116	doesn't fit	doesn't fit

Injective: 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 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	−0.0280%	4h	377.24	−0.280%	$398K	$1.0M	10x	as long as short
Aster TSLAUSDTshort	0.0000%	8h	377.10	−0.318%	$578K	$196K	50x
Extended TSLA_24_5-USD	0.0000%	1h	376.99	−0.347%	$479K	$7.4M	10x	as long as short
Binance TSLAUSDT	0.0000%	8h	377.08	−0.322%	$47.4M	$110.5M	25x	as long as short
Bybit TSLAUSDT	0.0000%	8h	377.16	−0.301%	$10.3M	$15.4M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	377.00	−0.344%	$11.2M	$16.8M	25x	as long as short
RISEx TSLA/USDC	0.0000%	1h	377.09	−0.319%	$290K	$599K	20x	as long as short
Hotstuff TSLA-PERP	0.0000%	1h	376.72	−0.418%	$34K	—	20x	as long as short
Bitget TSLAUSDT	0.0000%	8h	377.17	−0.299%	$17.0M	$22.9M	100x	as long as short
Variational Omni TSLA	0.0000%	8h	377.02	−0.338%	$1.9M	$1.4M	—	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT TSLA_USDT_Perp	0.0000%	8h	377.34	−0.255%	$850K	$2.8M	10x	as long as short
StandX TSLA-USD	0.0000%	1h	377.23	−0.283%	$200K	$909K	20x	as long as short
Coinbase International TSLA-PERP-INTX	0.0000%	1h	377.33	−0.256%	$513K	$328K	10x	as long as short
Phemex TSLAUSDT	0.0000%	4h	377.14	−0.307%	$1.1M	$15K	10x	as long as short
Aftermath Perps TSLAUSD	+0.0009%	1h	377.06	−0.328%	$38K	$44K	10x	as long as short
BloFin TSLA-USDT	+0.0014%	8h	377.32	−0.259%	$577K	$341K	20x	as long as short
QFEX TSLA-USD	+0.0019%	1h	377.01	−0.341%	$1.2M	$6.6M	10x	as long as short
Lighter TSLA	+0.0032%	1h	377.05	−0.330%	$820K	$3.6M	20x	as long as short
Lighter RH TSLA	+0.0032%	1h	377.04	−0.333%	$1.2M	$2.6M	20x	as long as short
Arcus TSLA-USD	+0.0040%	1h	377.12	−0.312%	$161K	$95K	10x	as long as short
Deribit TSLA_USDC-PERPETUAL	+0.0042%	1h	376.96	−0.354%	$20K	$187K	10x	as long as short
Bullet TSLA-USD	+0.0043%	1h	377.08	−0.321%	$6K	$92K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	377.04	−0.333%	—	$130K	25x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	376.77	−0.404%	$44.3M	$14.3M	20x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	376.95	−0.357%	$301K	$310K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	377.02	−0.338%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	376.97	−0.352%	$1.5M	$1.1M	10x	as long as short
Pacifica TSLA	+0.0100%	1h	376.90	−0.370%	$390K	$37K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	376.98	−0.349%	$1.5M	$105K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	377.09	−0.320%	$4K	$62K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	377.06	−0.328%	$41K	$22K	20x	as long as short
Gate TSLA_USDT	+0.0102%	8h	377.10	−0.317%	$2.3M	$3.7M	100x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	376.98	−0.349%	$746	—	10x	as long as short
Nado TSLA-PERP	+0.0138%	1h	376.92	−0.365%	$490K	$112K	20x	as long as short
Injective TSLA/USDC PERPlong	+0.0220%	1h	378.30	long leg	$79K	$36K	30x
Phoenix TSLA	+0.0254%	1h	377.37	−0.246%	$1.3M	$539K	20x	as long as short