Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.020%

Price spread now: Aster against Pacifica+0.003%7-day average +0.046% · you sell dearer than you buy

Net, funding: paid 7d − costs−$59as in the Funding arb table

Net, price: spread back to 7d avg − costs−$46as in the Price arb table

costs, in and out, $10k−$420.418% of the position

Long on Pacifica Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days−0.167%−$17 on $10k

Price spread, last 4 days (all we have)+0.043%+$4 · spread now +0.003%, 7d avg +0.046%

Together, before fees−0.124%+ Points / potential airdropPacifica: Active · Aster: Stage 5 · farm board−$12 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Aster is 0.043% cheaper against Pacifica than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.046%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica TSLA	375.10	0.0100	pay 0.0013% / 1h	43m 29s	$389K	$38K	10x
Short	Aster TSLAUSDT	375.11	0	get 0.0000% / 8h	1h 43m	$584K	$192K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Pacifica. 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 PacificabpFee AsterbpOrdersPrice spread, now +0.003%Rate

Funding earned: −$21
Price spread: +0.003% → +0.046%: −$4.34
Slippage, 4 orders: −$25.83
Fee Pacifica: 4 bp × 2 orders: −$8
Fee Aster: 4 bp × 2 orders: −$8
Net: −$67.17
Costs to cover: 0.418%
Break-even: never at this rate

Slippage from Pacifica: live order book, 40 min ago; Aster: live order book, 39 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 Pacifica live order book, 40 min ago	1.60 bp	8.2 bp −$8	doesn't fit	doesn't fit	doesn't fit
Sell Aster live order book, 39 min ago	0.13 bp	4.8 bp −$5	7.1 bp −$71	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	−0.0645%	4h	375.24	+0.038%	$397K	$1.0M	10x	as long as short
Aster TSLAUSDTshort	0.0000%	8h	375.11	+0.003%	$584K	$192K	50x
Extended TSLA_24_5-USD	0.0000%	1h	375.27	+0.045%	$477K	$10.6M	10x	as long as short
Binance TSLAUSDT	0.0000%	8h	375.33	+0.061%	$46.9M	$109.9M	25x	as long as short
Bybit TSLAUSDT	0.0000%	8h	375.43	+0.088%	$10.2M	$15.4M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	375.26	+0.043%	$11.2M	$16.8M	25x	as long as short
RISEx TSLA/USDC	0.0000%	1h	375.36	+0.069%	$175K	$529K	20x	as long as short
Hotstuff TSLA-PERP	0.0000%	1h	375.09	−0.003%	$34K	—	20x	as long as short
Gate TSLA_USDT	0.0000%	8h	375.25	+0.040%	$2.3M	$4.1M	100x	as long as short
Bitget TSLAUSDT	0.0000%	8h	375.17	+0.019%	$16.6M	$22.5M	100x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni TSLA	0.0000%	8h	375.21	+0.029%	$1.8M	$1.2M	—	as long as short
StandX TSLA-USD	0.0000%	1h	375.29	+0.051%	$199K	$899K	20x	as long as short
Deribit TSLA_USDC-PERPETUAL	0.0000%	1h	375.04	−0.016%	$20K	$186K	10x	as long as short
Phemex TSLAUSDT	0.0000%	4h	375.30	+0.053%	$1.1M	$13K	10x	as long as short
Aftermath Perps TSLAUSD	+0.0014%	1h	375.12	+0.004%	$38K	$49K	10x	as long as short
BloFin TSLA-USDT	+0.0015%	8h	375.32	+0.059%	$570K	$341K	20x	as long as short
QFEX TSLA-USD	+0.0030%	1h	375.25	+0.040%	$1.2M	$7.1M	10x	as long as short
Lighter TSLA	+0.0032%	1h	375.26	+0.043%	$648K	$3.3M	20x	as long as short
Lighter RH TSLA	+0.0032%	1h	375.28	+0.048%	$1.2M	$2.6M	20x	as long as short
Bullet TSLA-USD	+0.0037%	1h	375.31	+0.056%	$5K	$90K	10x	as long as short
Arcus TSLA-USD	+0.0040%	1h	375.20	+0.027%	$153K	$84K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	375.20	+0.027%	—	$133K	25x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	375.12	+0.005%	$43.5M	$14.2M	20x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	375.08	−0.005%	$297K	$292K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	375.25	+0.040%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	375.03	−0.019%	$1.6M	$1.0M	10x	as long as short
Nado TSLA-PERP	+0.0050%	1h	375.10	−0.001%	$484K	$90K	20x	as long as short
Pacifica TSLAlong	+0.0100%	1h	375.10	long leg	$389K	$38K	10x
KuCoin TSLAUSDTM	+0.0100%	8h	375.14	+0.011%	$1.5M	$159K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	375.11	+0.003%	$4K	$62K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	375.10	0.000%	$41K	$20K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	375.26	+0.042%	$743	—	10x	as long as short
GRVT TSLA_USDT_Perp	+0.0123%	8h	375.34	+0.065%	$840K	$2.9M	10x	as long as short
Coinbase International TSLA-PERP-INTX	+0.0128%	1h	375.11	+0.003%	$529K	$332K	10x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	376.36	+0.336%	$78K	$36K	30x	as long as short
Phoenix TSLA	+0.0277%	1h	375.52	+0.112%	$1.3M	$522K	20x	as long as short