Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0036%/8h= +3.9% APRpaid last 24h +0.007%

Price spread now: tradeXYZ against Aster−0.054%7-day average −0.085% · you buy dearer than you sell

Net, funding: paid 7d − costs−$24as in the Funding arb table

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

costs, in and out, $10k−$350.346% of the position

Long on Aster Short on tradeXYZ

What this pair did over the last

the charts below follow

Funding, last 7 days+0.109%+$11 on $10k

Price spread, last 7 days+0.007%+$1 · spread now −0.054%, 7d avg −0.085%

Together, before fees+0.116%+ Points / potential airdropAster: Stage 5 · tradeXYZ: Active · farm board+$12 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 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 −0.085%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster TSLAUSDT	376.74	0	get 0.0000% / 8h	6h 59m	$577K	$195K	50x
Short	tradeXYZ xyz:TSLA	376.54	0.0036	get 0.0004% / 1h	59m 19s	$44.3M	$14.1M	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 −0.054%Rate

Funding earned: $7.47
Price spread: −0.054% → −0.085%: $3.09
Slippage, 4 orders: −$8.59
Fee Aster: 4 bp × 2 orders: −$8
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: −$24.04
Costs to cover: 0.346%
Break-even: 29.5 days

Slippage from Aster: live order book, 8 min ago; tradeXYZ: live order book, 10 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, 8 min ago	1.33 bp	8.3 bp −$8	232.7 bp −$2,327	doesn't fit	doesn't fit
Sell tradeXYZ live order book, 10 min ago	0.66 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	−0.0868%	4h	376.68	−0.018%	$398K	$1.0M	10x	as long as short
Coinbase International TSLA-PERP-INTX	−0.0016%	1h	375.11	−0.434%	$529K	$307K	10x	as long as short
Aster TSLAUSDTlong	0.0000%	8h	376.74	long leg	$577K	$195K	50x
Extended TSLA_24_5-USD	0.0000%	1h	376.67	−0.021%	$482K	$10.8M	10x	as long as short
Binance TSLAUSDT	0.0000%	8h	376.76	+0.004%	$47.1M	$109.5M	25x	as long as short
Bybit TSLAUSDT	0.0000%	8h	376.81	+0.017%	$10.2M	$15.5M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	376.70	−0.012%	$11.2M	$16.6M	25x	as long as short
RISEx TSLA/USDC	0.0000%	1h	376.83	+0.024%	$292K	$598K	20x	as long as short
Gate TSLA_USDT	0.0000%	8h	376.85	+0.028%	$2.3M	$3.8M	100x	as long as short
Bitget TSLAUSDT	0.0000%	8h	376.72	−0.006%	$16.9M	$22.7M	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	376.87	+0.033%	$1.9M	$1.3M	—	as long as short
StandX TSLA-USD	0.0000%	1h	376.98	+0.063%	$200K	$905K	20x	as long as short
Bullet TSLA-USD	0.0000%	1h	376.78	+0.010%	$6K	$92K	10x	as long as short
Deribit TSLA_USDC-PERPETUAL	0.0000%	1h	376.66	−0.022%	$20K	$186K	10x	as long as short
Phemex TSLAUSDT	0.0000%	4h	376.70	−0.012%	$1.1M	$13K	10x	as long as short
Aftermath Perps TSLAUSD	+0.0009%	1h	376.62	−0.034%	$38K	$46K	10x	as long as short
Hotstuff TSLA-PERP	+0.0024%	1h	376.67	−0.020%	$34K	—	20x	as long as short
BloFin TSLA-USDT	+0.0027%	8h	376.91	+0.044%	$573K	$339K	20x	as long as short
QFEX TSLA-USD	+0.0028%	1h	376.71	−0.009%	$1.2M	$6.9M	10x	as long as short
Lighter TSLA	+0.0032%	1h	376.86	+0.031%	$830K	$3.5M	20x	as long as short
Lighter RH TSLA	+0.0032%	1h	376.88	+0.036%	$1.2M	$2.6M	20x	as long as short
tradeXYZ xyz:TSLAshort	+0.0036%	1h	376.54	−0.054%	$44.3M	$14.1M	20x
Arcus TSLA-USD	+0.0040%	1h	376.74	−0.001%	$163K	$93K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	376.88	+0.036%	—	$133K	25x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	376.57	−0.046%	$301K	$310K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	376.65	−0.025%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	376.74	−0.001%	$1.5M	$1.1M	10x	as long as short
Pacifica TSLA	+0.0100%	1h	376.67	−0.020%	$390K	$38K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	376.56	−0.049%	$1.5M	$106K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	376.60	−0.038%	$4K	$61K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	376.69	−0.014%	$41K	$20K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	376.66	−0.021%	$746	—	10x	as long as short
Nado TSLA-PERP	+0.0126%	1h	376.88	+0.035%	$490K	$112K	20x	as long as short
GRVT TSLA_USDT_Perp	+0.0201%	8h	377.05	+0.081%	$851K	$2.7M	10x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	377.21	+0.124%	$78K	$36K	30x	as long as short
Phoenix TSLA	+0.0277%	1h	377.02	+0.073%	$1.3M	$535K	20x	as long as short