Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0176%/8h= +19.3% APRpaid last 24h +0.018%

Price spread now: Coinbase International against Aster−0.200%7-day average −0.107% · you buy dearer than you sell

Net, funding: paid 7d − costs−$26as in the Funding arb table

Net, price: spread back to 7d avg − costs−$49as in the Price arb table

costs, in and out, $10k−$400.400% of the position

Long on Aster Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days+0.139%+$14 on $10k

Price spread, last 4 days (all we have)+0.094%+$9 · spread now −0.200%, 7d avg −0.107%

Together, before fees+0.233%+ Points / potential airdropAster: Stage 5 · farm board+$23 on $10k · with fees, hour by hour

Funding pays, the price is against you. Coinbase International is 0.093% cheaper against Aster than usual: you would sell low and buy high (spread −0.200% now, against its 7-day average of −0.107%). If the spread goes back, that is −$9 on $10k: about 42 hours of funding at the current rate (+$5 a day). At the pace of the last 7 days (+0.139% in total) that is about 4.7 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster TSLAUSDT	376.44	0	get 0.0000% / 8h	36m 52s	$575K	$200K	50x
Short	Coinbase International TSLA-PERP-INTX	375.69	0.0176	get 0.0022% / 1h	36m 52s	$505K	$350K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International 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 Coinbase InternationalbpOrdersPrice spread, now −0.200%Rate

Funding earned: $36.96
Price spread: −0.200% → −0.107%: −$9.29
Slippage, 4 orders: −$21.99
Fee Aster: 4 bp × 2 orders: −$8
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$12.32
Costs to cover: 0.400%
Break-even: 9.3 days

Slippage from Aster: live order book, 1 min ago; Coinbase International: live order book, 1 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, 1 min ago	1.73 bp	18.0 bp −$18	309.6 bp −$3,096	doesn't fit	doesn't fit
Sell Coinbase International live order book, 1 min ago	2.79 bp	7.8 bp −$8	10.6 bp −$106	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	−0.0142%	4h	376.58	+0.037%	$398K	$1.0M	10x	as long as short
Hotstuff TSLA-PERP	−0.0032%	1h	376.38	−0.017%	$34K	—	20x	as long as short
Aster TSLAUSDTlong	0.0000%	8h	376.44	long leg	$575K	$200K	50x
Bybit TSLAUSDT	0.0000%	8h	376.70	+0.068%	$10.2M	$15.3M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	376.72	+0.074%	$11.2M	$16.9M	25x	as long as short
Gate TSLA_USDT	0.0000%	8h	376.73	+0.076%	$2.3M	$3.5M	100x	as long as short
Bitget TSLAUSDT	0.0000%	8h	376.63	+0.050%	$17.2M	$22.8M	100x	as long as short
StandX TSLA-USD	0.0000%	1h	376.40	−0.011%	$200K	$922K	20x	as long as short
Phemex TSLAUSDT	0.0000%	4h	376.70	+0.068%	$1.1M	$14K	10x	as long as short
Variational Omni TSLA	+0.0027%	8h	376.76	+0.085%	$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
Aftermath Perps TSLAUSD	+0.0031%	1h	376.53	+0.024%	$38K	$37K	10x	as long as short
Lighter RH TSLA	+0.0032%	1h	376.62	+0.047%	$1.3M	$2.5M	20x	as long as short
Arcus TSLA-USD	+0.0040%	1h	376.47	+0.007%	$135K	$108K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	376.55	+0.029%	—	$119K	25x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	376.45	+0.002%	$44.6M	$14.9M	20x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	376.51	+0.018%	$301K	$304K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	376.66	+0.058%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	376.44	−0.001%	$1.6M	$1.1M	10x	as long as short
BloFin TSLA-USDT	+0.0060%	8h	376.76	+0.084%	$577K	$356K	20x	as long as short
Binance TSLAUSDT	+0.0063%	8h	376.76	+0.084%	$47.2M	$113.5M	25x	as long as short
Extended TSLA_24_5-USD	+0.0064%	1h	376.66	+0.057%	$480K	$2.7M	10x	as long as short
QFEX TSLA-USD	+0.0067%	1h	376.58	+0.036%	$1.2M	$6.2M	10x	as long as short
Pacifica TSLA	+0.0100%	1h	376.29	−0.041%	$390K	$37K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	376.46	+0.005%	$1.5M	$335K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	376.33	−0.030%	$4K	$61K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	376.67	+0.060%	$41K	$23K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	376.65	+0.054%	$746	—	10x	as long as short
Lighter TSLA	+0.0168%	1h	376.66	+0.058%	$822K	$3.7M	20x	as long as short
Coinbase International TSLA-PERP-INTXshort	+0.0176%	1h	375.69	−0.200%	$505K	$350K	10x
Injective TSLA/USDC PERP	+0.0220%	1h	379.80	+0.892%	$79K	$36K	30x	as long as short
RISEx TSLA/USDC	+0.0257%	1h	376.73	+0.076%	$215K	$651K	20x	as long as short
Bullet TSLA-USD	+0.0264%	1h	376.72	+0.073%	$6K	$91K	10x	as long as short
GRVT TSLA_USDT_Perp	+0.0278%	8h	376.78	+0.090%	$851K	$2.8M	10x	as long as short
Nado TSLA-PERP	+0.0283%	1h	376.34	−0.027%	$489K	$111K	20x	as long as short
Deribit TSLA_USDC-PERPETUAL	+0.0388%	1h	376.60	+0.042%	$18K	$195K	10x	as long as short
Phoenix TSLA	+0.0404%	1h	376.87	+0.114%	$1.3M	$525K	20x	as long as short