Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.005%

Price spread now: Aster against Polymarket Perps+0.035%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−$34as in the Price arb table

costs, in and out, $10k−$290.285% 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+0.072%+$7 · spread now +0.035%, 7d avg +0.091%

Together, before fees−0.004%+ Points / potential airdropAster: Stage 5 · farm board$0 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 0.056% cheaper against Polymarket Perps than usual: you would sell low and buy high (−$6 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	377.30	0.0050	pay 0.0006% / 1h	18m 08s	$301K	$311K	10x
Short	Aster TSLAUSDT	377.43	0	get 0.0000% / 8h	6h 18m	$578K	$196K	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 +0.035%Rate

Funding earned: −$10.5
Price spread: +0.035% → +0.091%: −$5.65
Slippage, 4 orders: −$12.55
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Aster: 4 bp × 2 orders: −$8
Net: −$44.69
Costs to cover: 0.285%
Break-even: never at this rate

Slippage from Polymarket Perps: live order book, 49 min ago; Aster: live order book, 49 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, 49 min ago	0.93 bp	9.0 bp −$9	9.2 bp −$92	10.1 bp −$1,013	doesn't fit
Sell Aster live order book, 49 min ago	1.33 bp	6.0 bp −$6	18.7 bp −$187	doesn't fit	doesn't fit

TSLA on 35 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	−0.0927%	4h	377.46	+0.042%	$399K	$1.0M	10x	as long as short
Coinbase International TSLA-PERP-INTX	−0.0016%	1h	377.33	+0.008%	$513K	$328K	10x	as long as short
Aster TSLAUSDTshort	0.0000%	8h	377.43	+0.035%	$578K	$196K	50x
Extended TSLA_24_5-USD	0.0000%	1h	377.42	+0.032%	$481K	$9.4M	10x	as long as short
Binance TSLAUSDT	0.0000%	8h	377.53	+0.062%	$47.4M	$110.5M	25x	as long as short
Bybit TSLAUSDT	0.0000%	8h	377.58	+0.074%	$10.3M	$15.6M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	377.48	+0.048%	$11.2M	$16.8M	25x	as long as short
RISEx TSLA/USDC	0.0000%	1h	377.53	+0.062%	$290K	$599K	20x	as long as short
Variational Omni TSLA	0.0000%	8h	377.47	+0.044%	$1.9M	$1.3M	—	as long as short
StandX TSLA-USD	0.0000%	1h	377.47	+0.045%	$200K	$909K	20x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bullet TSLA-USD	0.0000%	1h	377.50	+0.052%	$5K	$92K	10x	as long as short
Deribit TSLA_USDC-PERPETUAL	0.0000%	1h	377.38	+0.021%	$20K	$187K	10x	as long as short
Phemex TSLAUSDT	0.0000%	4h	377.52	+0.058%	$1.1M	$15K	10x	as long as short
Bitget TSLAUSDT	+0.0002%	8h	377.46	+0.042%	$17.0M	$22.9M	100x	as long as short
Aftermath Perps TSLAUSD	+0.0007%	1h	377.21	−0.025%	$38K	$45K	10x	as long as short
GRVT TSLA_USDT_Perp	+0.0022%	8h	377.60	+0.080%	$853K	$2.8M	10x	as long as short
QFEX TSLA-USD	+0.0023%	1h	377.40	+0.027%	$1.2M	$6.7M	10x	as long as short
Lighter TSLA	+0.0032%	1h	377.51	+0.056%	$824K	$3.6M	20x	as long as short
Lighter RH TSLA	+0.0032%	1h	377.53	+0.061%	$1.2M	$2.6M	20x	as long as short
Arcus TSLA-USD	+0.0040%	1h	377.31	+0.003%	$163K	$93K	10x	as long as short
Gate TSLA_USDT	+0.0044%	8h	377.53	+0.061%	$2.3M	$3.8M	100x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	377.54	+0.064%	—	$130K	25x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	377.28	−0.005%	$44.4M	$14.2M	20x	as long as short
Polymarket Perps TSLA-USDlong	+0.0050%	1h	377.30	long leg	$301K	$311K	10x
SoDEX TSLA-USD	+0.0050%	1h	377.46	+0.042%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	377.15	−0.040%	$1.5M	$1.1M	10x	as long as short
Nado TSLA-PERP	+0.0099%	1h	377.41	+0.030%	$491K	$112K	20x	as long as short
Pacifica TSLA	+0.0100%	1h	377.34	+0.011%	$391K	$37K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	377.20	−0.027%	$1.5M	$105K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	377.46	+0.042%	$4K	$61K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	377.47	+0.045%	$41K	$20K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	377.40	+0.026%	$747	—	10x	as long as short
Hotstuff TSLA-PERP	+0.0136%	1h	377.25	−0.013%	$34K	—	20x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	378.38	+0.286%	$79K	$36K	30x	as long as short
Phoenix TSLA	+0.0255%	1h	377.54	+0.064%	$1.3M	$539K	20x	as long as short