Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.007%

Price spread now: Aster against tradeXYZ+0.105%7-day average +0.086% · you sell dearer than you buy

Net, funding: paid 7d − costs−$45as in the Funding arb table

Net, price: spread back to 7d avg − costs−$33as in the Price arb table

costs, in and out, $10k−$350.350% of the position

Long on tradeXYZ Short on Aster

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−0.056%−$6 · spread now +0.105%, 7d avg +0.086%

Together, before fees−0.161%+ Points / potential airdroptradeXYZ: Active · Aster: Stage 5 · farm board−$16 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.086%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	tradeXYZ xyz:TSLA	375.59	0.0050	pay 0.0006% / 1h	17m 24s	$44.5M	$14.9M	20x
Short	Aster TSLAUSDT	375.98	0	get 0.0000% / 8h	1h 17m	$574K	$200K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against tradeXYZ. 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 tradeXYZbpFee AsterbpOrdersPrice spread, now +0.105%Rate

Funding earned: −$10.5
Price spread: +0.105% → +0.086%: $1.85
Slippage, 4 orders: −$8.95
Fee tradeXYZ: 9 bp × 2 orders: −$18
Fee Aster: 4 bp × 2 orders: −$8
Net: −$43.6
Costs to cover: 0.350%
Break-even: never at this rate

Slippage from tradeXYZ: live order book, 12 min ago; Aster: live order book, 25 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 tradeXYZ live order book, 12 min ago	0.40 bp	10.2 bp −$10	doesn't fit	doesn't fit	doesn't fit
Sell Aster live order book, 25 min ago	1.06 bp	7.5 bp −$7	11.5 bp −$115	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	−0.0210%	4h	375.78	+0.050%	$397K	$1.0M	10x	as long as short
Aster TSLAUSDTshort	0.0000%	8h	375.98	+0.105%	$574K	$200K	50x
Bybit TSLAUSDT	0.0000%	8h	375.91	+0.085%	$10.2M	$15.4M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	375.89	+0.080%	$11.2M	$16.9M	25x	as long as short
Hotstuff TSLA-PERP	0.0000%	1h	375.58	−0.003%	$34K	—	20x	as long as short
Gate TSLA_USDT	0.0000%	8h	375.93	+0.091%	$2.3M	$3.5M	100x	as long as short
Bitget TSLAUSDT	0.0000%	8h	375.81	+0.059%	$17.2M	$22.8M	100x	as long as short
Variational Omni TSLA	0.0000%	8h	375.77	+0.048%	$1.9M	$1.3M	—	as long as short
StandX TSLA-USD	0.0000%	1h	375.84	+0.067%	$199K	$918K	20x	as long as short
Phemex TSLAUSDT	0.0000%	4h	375.88	+0.077%	$1.1M	$14K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance TSLAUSDT	+0.0005%	8h	375.93	+0.091%	$47.1M	$113.4M	25x	as long as short
Extended TSLA_24_5-USD	+0.0008%	1h	375.83	+0.063%	$481K	$2.7M	10x	as long as short
BloFin TSLA-USDT	+0.0013%	8h	375.85	+0.069%	$577K	$356K	20x	as long as short
Aftermath Perps TSLAUSD	+0.0028%	1h	375.61	+0.005%	$38K	$38K	10x	as long as short
Lighter RH TSLA	+0.0032%	1h	375.81	+0.059%	$1.3M	$2.5M	20x	as long as short
Arcus TSLA-USD	+0.0040%	1h	375.62	+0.008%	$135K	$108K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	375.74	+0.040%	—	$119K	25x	as long as short
tradeXYZ xyz:TSLAlong	+0.0050%	1h	375.59	long leg	$44.5M	$14.9M	20x
Polymarket Perps TSLA-USD	+0.0050%	1h	375.76	+0.045%	$300K	$304K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	375.81	+0.059%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	375.50	−0.024%	$1.6M	$1.1M	10x	as long as short
QFEX TSLA-USD	+0.0052%	1h	375.86	+0.072%	$1.2M	$6.2M	10x	as long as short
Pacifica TSLA	+0.0100%	1h	375.56	−0.008%	$389K	$37K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	375.64	+0.013%	$1.5M	$107K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	375.49	−0.027%	$4K	$61K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	375.85	+0.069%	$41K	$23K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	375.85	+0.070%	$744	—	10x	as long as short
Coinbase International TSLA-PERP-INTX	+0.0136%	1h	375.69	+0.027%	$505K	$350K	10x	as long as short
RISEx TSLA/USDC	+0.0138%	1h	375.95	+0.096%	$214K	$640K	20x	as long as short
Lighter TSLA	+0.0184%	1h	375.86	+0.072%	$820K	$3.7M	20x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	379.66	+1.084%	$79K	$36K	30x	as long as short
GRVT TSLA_USDT_Perp	+0.0226%	8h	375.91	+0.084%	$846K	$2.8M	10x	as long as short
Bullet TSLA-USD	+0.0258%	1h	375.94	+0.093%	$5K	$90K	10x	as long as short
Nado TSLA-PERP	+0.0295%	1h	375.56	−0.007%	$488K	$111K	20x	as long as short
Phoenix TSLA	+0.0318%	1h	375.85	+0.069%	$1.3M	$528K	20x	as long as short
Deribit TSLA_USDC-PERPETUAL	+0.0336%	1h	375.77	+0.048%	$18K	$194K	10x	as long as short