Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.006%

Price spread now: Aster against Polymarket Perps+0.051%7-day average +0.091% · you sell dearer than you buy

Net, funding: paid 7d − costs−$36as in the Funding arb table

Net, price: spread back to 7d avg − costs−$32as in the Price arb table

costs, in and out, $10k−$280.281% of the position

Long on Polymarket Perps Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days−0.076%−$8 on $10k

Price spread, last 7 days+0.049%+$5 · spread now +0.051%, 7d avg +0.091%

Together, before fees−0.028%+ Points / potential airdropAster: Stage 5 · farm board−$3 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Aster is 0.040% cheaper against Polymarket Perps than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.091%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps TSLA-USD	376.32	0.0050	pay 0.0006% / 1h	56m 26s	$301K	$309K	10x
Short	Aster TSLAUSDT	376.51	0	get 0.0000% / 8h	3h 56m	$577K	$195K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Polymarket Perps. 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 Polymarket PerpsbpFee AsterbpOrdersPrice spread, now +0.051%Rate

Funding earned: −$10.5
Price spread: +0.051% → +0.091%: −$3.96
Slippage, 4 orders: −$12.12
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Aster: 4 bp × 2 orders: −$8
Net: −$42.58
Costs to cover: 0.281%
Break-even: never at this rate

Slippage from Polymarket Perps: live order book, 61 min ago; Aster: live order book, 61 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 Polymarket Perps live order book, 61 min ago	1.99 bp	6.3 bp −$6	6.3 bp −$63	7.3 bp −$734	doesn't fit
Sell Aster live order book, 61 min ago	1.33 bp	7.0 bp −$7	52.0 bp −$520	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	−0.0404%	4h	376.53	+0.055%	$398K	$1.0M	10x	as long as short
BloFin TSLA-USDT	−0.0014%	8h	376.41	+0.024%	$578K	$352K	20x	as long as short
Aster TSLAUSDTshort	0.0000%	8h	376.51	+0.051%	$577K	$195K	50x
Extended TSLA_24_5-USD	0.0000%	1h	376.31	−0.004%	$480K	$2.7M	10x	as long as short
Binance TSLAUSDT	0.0000%	8h	376.46	+0.036%	$47.3M	$111.0M	25x	as long as short
Bybit TSLAUSDT	0.0000%	8h	376.47	+0.040%	$10.3M	$15.4M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	376.42	+0.027%	$11.3M	$16.9M	25x	as long as short
RISEx TSLA/USDC	0.0000%	1h	376.45	+0.035%	$290K	$582K	20x	as long as short
Bitget TSLAUSDT	0.0000%	8h	376.39	+0.019%	$17.0M	$22.9M	100x	as long as short
Variational Omni TSLA	0.0000%	8h	376.44	+0.032%	$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	376.61	+0.077%	$200K	$903K	20x	as long as short
Deribit TSLA_USDC-PERPETUAL	0.0000%	1h	376.29	−0.008%	$20K	$189K	10x	as long as short
Phemex TSLAUSDT	0.0000%	4h	376.50	+0.048%	$1.1M	$14K	10x	as long as short
tradeXYZ xyz:TSLA	+0.0010%	1h	376.14	−0.048%	$44.4M	$14.6M	20x	as long as short
Aftermath Perps TSLAUSD	+0.0022%	1h	376.43	+0.031%	$38K	$41K	10x	as long as short
Lighter TSLA	+0.0032%	1h	376.36	+0.011%	$818K	$3.6M	20x	as long as short
Lighter RH TSLA	+0.0032%	1h	376.43	+0.029%	$1.2M	$2.5M	20x	as long as short
QFEX TSLA-USD	+0.0033%	1h	376.41	+0.024%	$1.2M	$6.5M	10x	as long as short
Bullet TSLA-USD	+0.0037%	1h	376.43	+0.029%	$5K	$91K	10x	as long as short
Arcus TSLA-USD	+0.0040%	1h	376.23	−0.024%	$133K	$106K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	376.44	+0.032%	—	$130K	25x	as long as short
Polymarket Perps TSLA-USDlong	+0.0050%	1h	376.32	long leg	$301K	$309K	10x
SoDEX TSLA-USD	+0.0050%	1h	376.35	+0.008%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	376.11	−0.056%	$1.6M	$1.1M	10x	as long as short
Gate TSLA_USDT	+0.0053%	8h	376.42	+0.027%	$2.3M	$3.5M	100x	as long as short
GRVT TSLA_USDT_Perp	+0.0066%	8h	376.64	+0.085%	$843K	$2.8M	10x	as long as short
Coinbase International TSLA-PERP-INTX	+0.0080%	1h	376.45	+0.035%	$512K	$330K	10x	as long as short
Hotstuff TSLA-PERP	+0.0088%	1h	376.13	−0.050%	$34K	—	20x	as long as short
Pacifica TSLA	+0.0100%	1h	376.26	−0.015%	$390K	$38K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	376.35	+0.008%	$1.5M	$105K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	376.41	+0.024%	$4K	$62K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	376.38	+0.016%	$41K	$23K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	376.34	+0.004%	$745	—	10x	as long as short
Nado TSLA-PERP	+0.0171%	1h	376.30	−0.005%	$489K	$112K	20x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	377.29	+0.258%	$78K	$36K	30x	as long as short
Phoenix TSLA	+0.0255%	1h	376.67	+0.093%	$1.3M	$540K	20x	as long as short