Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0136%/8h= +14.9% APRpaid last 24h −0.066%

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

to open and closeno order booka leg has no order-book sample

Long on Aster Short on Hotstuff

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropAster: Stage 5 · Hotstuff: Active · farm boardneeds both histories

Funding pays, the price is against you. Hotstuff is 0.085% cheaper against Aster than usual: you would sell low and buy high (spread −0.085% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$9 on $10k: about 2.1 days of funding at the current rate (+$4 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster TSLAUSDT	376.45	0	get 0.0000% / 8h	3h 24m	$577K	$198K	50x
Short	Hotstuff TSLA-PERP	376.13	0.0136	get 0.0017% / 1h	24m 18s	$34K	—	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hotstuff 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 HotstuffbpOrdersPrice spread, now −0.085%Rate

Funding earned: $28.56
Price spread: −0.085% → 0.000%: −$8.54
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee Hotstuff: 2.5 bp × 2 orders: −$5
Net: $7.02
Costs to cover: 0.130%
Break-even: 5.3 days

Slippage unknown: Aster: live order book, 28 min ago; Hotstuff: no order-book sample. Net counts fees only.

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, 28 min ago	0.66 bp	6.1 bp −$6	256.1 bp −$2,561	doesn't fit	doesn't fit
Sell Hotstuff no order-book sample	—	—	—	—	—

Hotstuff: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	−0.0547%	4h	376.47	+0.006%	$398K	$1.0M	10x	as long as short
Aster TSLAUSDTlong	0.0000%	8h	376.45	long leg	$577K	$198K	50x
Extended TSLA_24_5-USD	0.0000%	1h	376.26	−0.050%	$480K	$2.7M	10x	as long as short
Binance TSLAUSDT	0.0000%	8h	376.36	−0.024%	$47.0M	$112.4M	25x	as long as short
Bybit TSLAUSDT	0.0000%	8h	376.39	−0.016%	$10.3M	$15.4M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	376.34	−0.030%	$11.2M	$16.8M	25x	as long as short
RISEx TSLA/USDC	0.0000%	1h	376.45	+0.001%	$290K	$580K	20x	as long as short
Bitget TSLAUSDT	0.0000%	8h	376.33	−0.032%	$17.1M	$22.6M	100x	as long as short
Variational Omni TSLA	0.0000%	8h	376.33	−0.033%	$1.9M	$1.3M	—	as long as short
StandX TSLA-USD	0.0000%	1h	376.45	0.000%	$200K	$893K	20x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit TSLA_USDC-PERPETUAL	0.0000%	1h	376.19	−0.069%	$18K	$192K	10x	as long as short
Phemex TSLAUSDT	0.0000%	4h	376.51	+0.016%	$1.1M	$14K	10x	as long as short
BloFin TSLA-USDT	+0.0003%	8h	376.40	−0.014%	$576K	$353K	20x	as long as short
Aftermath Perps TSLAUSD	+0.0019%	1h	376.28	−0.046%	$38K	$40K	10x	as long as short
Gate TSLA_USDT	+0.0026%	8h	376.38	−0.019%	$2.3M	$3.5M	100x	as long as short
Lighter RH TSLA	+0.0032%	1h	376.39	−0.016%	$1.2M	$2.5M	20x	as long as short
QFEX TSLA-USD	+0.0033%	1h	376.42	−0.008%	$1.2M	$6.4M	10x	as long as short
Arcus TSLA-USD	+0.0040%	1h	376.14	−0.083%	$133K	$106K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	376.34	−0.030%	—	$128K	25x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	376.11	−0.091%	$44.5M	$14.7M	20x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	376.16	−0.077%	$300K	$309K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	376.24	−0.056%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	376.08	−0.099%	$1.6M	$1.1M	10x	as long as short
Lighter TSLA	+0.0064%	1h	376.38	−0.019%	$839K	$3.7M	20x	as long as short
Coinbase International TSLA-PERP-INTX	+0.0080%	1h	376.13	−0.085%	$511K	$339K	10x	as long as short
GRVT TSLA_USDT_Perp	+0.0096%	8h	376.49	+0.010%	$855K	$2.8M	10x	as long as short
Pacifica TSLA	+0.0100%	1h	376.15	−0.079%	$390K	$38K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	376.21	−0.064%	$1.5M	$105K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	376.25	−0.054%	$4K	$62K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	376.34	−0.030%	$41K	$23K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	376.28	−0.045%	$745	—	10x	as long as short
Bullet TSLA-USD	+0.0125%	1h	376.39	−0.016%	$5K	$90K	10x	as long as short
Hotstuff TSLA-PERPshort	+0.0136%	1h	376.13	−0.085%	$34K	—	20x
Injective TSLA/USDC PERP	+0.0220%	1h	377.78	+0.353%	$79K	$36K	30x	as long as short
Nado TSLA-PERP	+0.0223%	1h	376.27	−0.049%	$489K	$112K	20x	as long as short
Phoenix TSLA	+0.0276%	1h	376.40	−0.014%	$1.3M	$540K	20x	as long as short