Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0054%/8h= −5.9% APRpaid last 24h +0.067%

Price spread now: Aster against Hotstuff+0.030%7-day average — · you sell dearer than you buy

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

Long on Hotstuff Short on Aster

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 airdropHotstuff: Active · Aster: Stage 5 · farm boardneeds both histories

The price spread pays, funding is against you. Aster is 0.030% dearer against Hotstuff than usual: you sell high and buy low (spread +0.030% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 44 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hotstuff TSLA-PERP	376.88	0.0072	pay 0.0009% / 1h	15m 38s	$34K	—	20x
Short	Aster TSLAUSDT	376.99	0.0018	get 0.0018% / 8h	15m 38s	$575K	$200K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Hotstuff. 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 HotstuffbpFee AsterbpOrdersPrice spread, now +0.030%Rate

Funding earned: −$11.4
Price spread: +0.030% → 0.000%: $3.02
Slippage, 4 orders: no order book: not counted
Fee Hotstuff: 2.5 bp × 2 orders: −$5
Fee Aster: 4 bp × 2 orders: −$8
Net: −$21.38
Costs to cover: 0.130%
Break-even: never at this rate

Slippage unknown: Hotstuff: no order-book sample; Aster: live order book, 22 min ago. 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 Hotstuff no order-book sample	—	—	—	—	—
Sell Aster live order book, 22 min ago	1.73 bp	6.1 bp −$6	9.3 bp −$93	doesn't fit	doesn't fit

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	−0.0034%	4h	377.53	+0.172%	$399K	$1.0M	10x	as long as short
Bybit TSLAUSDT	0.0000%	8h	377.29	+0.109%	$10.2M	$15.4M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	377.28	+0.106%	$11.3M	$17.0M	25x	as long as short
Gate TSLA_USDT	0.0000%	8h	377.27	+0.103%	$2.3M	$3.5M	100x	as long as short
Bitget TSLAUSDT	0.0000%	8h	377.01	+0.034%	$17.3M	$23.1M	100x	as long as short
StandX TSLA-USD	0.0000%	1h	377.15	+0.072%	$200K	$919K	20x	as long as short
Phemex TSLAUSDT	0.0000%	4h	377.18	+0.080%	$1.1M	$14K	10x	as long as short
Aster TSLAUSDTshort	+0.0018%	8h	376.99	+0.030%	$575K	$200K	50x
Lighter RH TSLA	+0.0032%	1h	377.14	+0.069%	$1.2M	$2.6M	20x	as long as short
Aftermath Perps TSLAUSD	+0.0033%	1h	377.11	+0.061%	$38K	$36K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Arcus TSLA-USD	+0.0040%	1h	377.13	+0.066%	$135K	$108K	10x	as long as short
Deribit TSLA_USDC-PERPETUAL	+0.0042%	1h	377.11	+0.061%	$18K	$195K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	377.17	+0.077%	—	$125K	25x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	376.95	+0.019%	$44.7M	$14.9M	20x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	376.98	+0.027%	$301K	$303K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	376.93	+0.013%	$1.6M	$1.1M	10x	as long as short
Variational Omni TSLA	+0.0055%	8h	377.18	+0.079%	$1.8M	$1.3M	—	as long as short
QFEX TSLA-USD	+0.0067%	1h	377.12	+0.064%	$1.2M	$6.2M	10x	as long as short
Hotstuff TSLA-PERPlong	+0.0072%	1h	376.88	long leg	$34K	—	20x
Extended TSLA_24_5-USD	+0.0080%	1h	377.13	+0.067%	$483K	$2.7M	10x	as long as short
SoDEX TSLA-USD	+0.0081%	1h	377.14	+0.069%	$4K	$3K	10x	as long as short
Binance TSLAUSDT	+0.0083%	8h	377.20	+0.084%	$47.2M	$114.5M	25x	as long as short
BloFin TSLA-USDT	+0.0086%	8h	377.62	+0.196%	$579K	$357K	20x	as long as short
Pacifica TSLA	+0.0100%	1h	376.89	+0.003%	$390K	$37K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	376.88	0.000%	$1.5M	$1.7M	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	377.92	+0.276%	$4K	$62K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	377.19	+0.082%	$41K	$23K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	377.14	+0.070%	$747	—	10x	as long as short
Lighter TSLA	+0.0144%	1h	377.16	+0.074%	$822K	$3.7M	20x	as long as short
Coinbase International TSLA-PERP-INTX	+0.0176%	1h	377.51	+0.167%	$511K	$357K	10x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	379.80	+0.775%	$79K	$36K	30x	as long as short
Bullet TSLA-USD	+0.0244%	1h	377.20	+0.085%	$6K	$91K	10x	as long as short
RISEx TSLA/USDC	+0.0257%	1h	377.29	+0.109%	$215K	$652K	20x	as long as short
Nado TSLA-PERP	+0.0275%	1h	377.10	+0.057%	$499K	$116K	20x	as long as short
GRVT TSLA_USDT_Perp	+0.0291%	8h	377.95	+0.284%	$859K	$2.8M	10x	as long as short
Phoenix TSLA	+0.0404%	1h	377.51	+0.167%	$1.3M	$525K	20x	as long as short