Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0040%/8h= +4.4% APRpaid last 24h +0.045%

Price spread now: Arcus against Aster−0.039%46s7-day average −0.077% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$330.334% of the position

Long on Aster Short on Arcus

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.090%+$9 on $10k

Price spread, last 4 days (all we have)−0.016%−$2 · spread now −0.039%, 7d avg −0.077%

Together, before fees+0.074%+ Points / potential airdropAster: Stage 5 · farm board+$7 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 Arcus is 0.038% dearer against Aster than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.077%. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster TSLAUSDT	376.31	0	get 0.0000% / 8h	1h 46m	$575K	$199K	50x
Short	Arcus TSLA-USD	376.16	0.0040	get 0.0005% / 1h	46m 48s	$135K	$108K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Arcus 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 ArcusbpOrdersPrice spread, now −0.039%Rate

Funding earned: $8.46
Price spread: −0.039% → −0.077%: $3.83
Slippage, 4 orders: −$20.94
Fee Aster: 4 bp × 2 orders: −$8
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Net: −$21.15
Costs to cover: 0.334%
Break-even: 24.5 days

Slippage from Aster: live order book, 61 min ago; Arcus: 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 Aster live order book, 61 min ago	0.80 bp	6.5 bp −$6	203.4 bp −$2,034	doesn't fit	doesn't fit
Sell Arcus live order book, 61 min ago	2.93 bp	9.7 bp −$10	10.9 bp −$109	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	−0.0659%	4h	376.42	+0.029%	$398K	$1.0M	10x	as long as short
BloFin TSLA-USDT	−0.0020%	8h	376.31	+0.001%	$578K	$355K	20x	as long as short
Aster TSLAUSDTlong	0.0000%	8h	376.31	long leg	$575K	$199K	50x
Extended TSLA_24_5-USD	0.0000%	1h	376.16	−0.040%	$479K	$2.7M	10x	as long as short
Binance TSLAUSDT	0.0000%	8h	376.28	−0.007%	$47.2M	$113.3M	25x	as long as short
Bybit TSLAUSDT	0.0000%	8h	376.20	−0.028%	$10.2M	$15.4M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	376.23	−0.020%	$11.2M	$16.9M	25x	as long as short
Bitget TSLAUSDT	0.0000%	8h	376.27	−0.010%	$17.1M	$22.8M	100x	as long as short
Variational Omni TSLA	0.0000%	8h	376.39	+0.023%	$1.9M	$1.3M	—	as long as short
StandX TSLA-USD	0.0000%	1h	376.40	+0.025%	$200K	$917K	20x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex TSLAUSDT	0.0000%	4h	376.30	−0.002%	$1.1M	$14K	10x	as long as short
Gate TSLA_USDT	+0.0007%	8h	376.29	−0.004%	$2.3M	$3.5M	100x	as long as short
Aftermath Perps TSLAUSD	+0.0023%	1h	376.17	−0.037%	$38K	$39K	10x	as long as short
Lighter RH TSLA	+0.0032%	1h	376.14	−0.044%	$1.3M	$2.5M	20x	as long as short
Arcus TSLA-USDshort	+0.0040%	1h	376.16	−0.039%	$135K	$108K	10x
Vest TSLA-USD-PERP	+0.0046%	1h	376.16	−0.039%	—	$125K	25x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	375.93	−0.100%	$44.6M	$14.8M	20x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	376.10	−0.055%	$300K	$307K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	376.17	−0.036%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	375.92	−0.103%	$1.6M	$1.1M	10x	as long as short
QFEX TSLA-USD	+0.0052%	1h	376.18	−0.034%	$1.2M	$6.2M	10x	as long as short
Hotstuff TSLA-PERP	+0.0096%	1h	376.02	−0.076%	$34K	—	20x	as long as short
Pacifica TSLA	+0.0100%	1h	376.09	−0.057%	$389K	$36K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	375.93	−0.100%	$1.5M	$107K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	376.14	−0.044%	$4K	$61K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	376.19	−0.031%	$41K	$23K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	376.21	−0.027%	$745	—	10x	as long as short
Coinbase International TSLA-PERP-INTX	+0.0136%	1h	376.33	+0.006%	$506K	$349K	10x	as long as short
RISEx TSLA/USDC	+0.0138%	1h	376.32	+0.004%	$214K	$642K	20x	as long as short
Lighter TSLA	+0.0152%	1h	376.19	−0.031%	$834K	$3.7M	20x	as long as short
GRVT TSLA_USDT_Perp	+0.0192%	8h	376.49	+0.048%	$852K	$2.8M	10x	as long as short
Bullet TSLA-USD	+0.0206%	1h	376.25	−0.014%	$5K	$91K	10x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	377.82	+0.402%	$79K	$36K	30x	as long as short
Deribit TSLA_USDC-PERPETUAL	+0.0282%	1h	376.09	−0.057%	$18K	$194K	10x	as long as short
Nado TSLA-PERP	+0.0299%	1h	376.14	−0.045%	$489K	$111K	20x	as long as short
Phoenix TSLA	+0.0318%	1h	376.55	+0.065%	$1.3M	$528K	20x	as long as short