Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.007%

Price spread now: Aster against tradeXYZ+0.094%7-day average +0.086% · you sell dearer than you buy

Net, funding: paid 7d − costs−$44as in the Funding arb table

Net, price: spread back to 7d avg − costs−$33as in the Price arb table

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

Long on tradeXYZ Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days−0.107%−$11 on $10k

Price spread, last 7 days−0.031%−$3 · spread now +0.094%, 7d avg +0.086%

Together, before fees−0.138%+ Points / potential airdroptradeXYZ: Active · Aster: Stage 5 · farm board−$14 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.086%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	tradeXYZ xyz:TSLA	376.96	0.0050	pay 0.0006% / 1h	25m 49s	$44.3M	$14.3M	20x
Short	Aster TSLAUSDT	377.32	0	get 0.0000% / 8h	5h 25m	$578K	$196K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against tradeXYZ. 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 tradeXYZbpFee AsterbpOrdersPrice spread, now +0.094%Rate

Funding earned: −$10.5
Price spread: +0.094% → +0.086%: $0.79
Slippage, 4 orders: −$7.42
Fee tradeXYZ: 9 bp × 2 orders: −$18
Fee Aster: 4 bp × 2 orders: −$8
Net: −$43.13
Costs to cover: 0.334%
Break-even: never at this rate

Slippage from tradeXYZ: live order book, 2 min ago; Aster: live order book, 37 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 tradeXYZ live order book, 2 min ago	0.53 bp	10.0 bp −$10	12.7 bp −$127	doesn't fit	doesn't fit
Sell Aster live order book, 37 min ago	1.19 bp	5.9 bp −$6	11.6 bp −$116	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	−0.0830%	4h	377.36	+0.105%	$399K	$1.0M	10x	as long as short
BloFin TSLA-USDT	−0.0008%	8h	377.33	+0.098%	$577K	$340K	20x	as long as short
Aster TSLAUSDTshort	0.0000%	8h	377.32	+0.094%	$578K	$196K	50x
Extended TSLA_24_5-USD	0.0000%	1h	377.23	+0.071%	$480K	$6.9M	10x	as long as short
Binance TSLAUSDT	0.0000%	8h	377.33	+0.098%	$47.4M	$110.6M	25x	as long as short
Bybit TSLAUSDT	0.0000%	8h	377.35	+0.103%	$10.3M	$15.4M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	377.26	+0.080%	$11.2M	$16.9M	25x	as long as short
RISEx TSLA/USDC	0.0000%	1h	377.32	+0.096%	$290K	$599K	20x	as long as short
Bitget TSLAUSDT	0.0000%	8h	377.24	+0.074%	$17.1M	$22.9M	100x	as long as short
Variational Omni TSLA	0.0000%	8h	377.27	+0.082%	$1.9M	$1.4M	—	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT TSLA_USDT_Perp	0.0000%	8h	377.39	+0.115%	$846K	$2.8M	10x	as long as short
StandX TSLA-USD	0.0000%	1h	377.26	+0.080%	$200K	$909K	20x	as long as short
Deribit TSLA_USDC-PERPETUAL	0.0000%	1h	377.14	+0.048%	$20K	$188K	10x	as long as short
Coinbase International TSLA-PERP-INTX	0.0000%	1h	377.12	+0.042%	$513K	$330K	10x	as long as short
Phemex TSLAUSDT	0.0000%	4h	377.29	+0.088%	$1.1M	$15K	10x	as long as short
Aftermath Perps TSLAUSD	+0.0012%	1h	377.11	+0.041%	$38K	$43K	10x	as long as short
QFEX TSLA-USD	+0.0019%	1h	377.26	+0.080%	$1.2M	$6.6M	10x	as long as short
Lighter RH TSLA	+0.0032%	1h	377.29	+0.088%	$1.2M	$2.6M	20x	as long as short
Lighter TSLA	+0.0040%	1h	377.27	+0.082%	$819K	$3.6M	20x	as long as short
Arcus TSLA-USD	+0.0040%	1h	377.10	+0.037%	$162K	$96K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	377.29	+0.088%	—	$130K	25x	as long as short
tradeXYZ xyz:TSLAlong	+0.0050%	1h	376.96	long leg	$44.3M	$14.3M	20x
Polymarket Perps TSLA-USD	+0.0050%	1h	377.13	+0.045%	$301K	$310K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	377.23	+0.072%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	377.17	+0.056%	$1.5M	$1.1M	10x	as long as short
Bullet TSLA-USD	+0.0067%	1h	377.30	+0.091%	$5K	$92K	10x	as long as short
Hotstuff TSLA-PERP	+0.0072%	1h	376.98	+0.005%	$34K	—	20x	as long as short
Pacifica TSLA	+0.0100%	1h	377.18	+0.058%	$391K	$37K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	377.16	+0.053%	$1.5M	$105K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	377.13	+0.045%	$4K	$62K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	377.24	+0.074%	$41K	$22K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	377.20	+0.064%	$747	—	10x	as long as short
Gate TSLA_USDT	+0.0110%	8h	377.29	+0.088%	$2.3M	$3.7M	100x	as long as short
Nado TSLA-PERP	+0.0144%	1h	377.17	+0.055%	$490K	$112K	20x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	378.09	+0.300%	$79K	$36K	30x	as long as short
Phoenix TSLA	+0.0254%	1h	377.24	+0.074%	$1.3M	$539K	20x	as long as short