Settings8H · net · $10k
Funding arb · Price arb /

TSLA

RWAall TSLA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 21:00 UTC−0.0086%/8h= −9.4% APRnext payment $0.11 per $10,000 · paid last 24h −0.006%
Price spread now: Polymarket Perps against Coinbase International−0.043%7-day average +0.054% · you buy dearer than you sell
Net, funding: paid 7d − costs−$37as in the Funding arb table
Net, price: spread back to 7d avg − costs−$40as in the Price arb table
costs, in and out, $10k−$300.300% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.071%−$7 on $10k
Price spread, last 3 days (all we have)+0.104%+$10 · spread now −0.043%, 7d avg +0.054%
Together, before fees+0.033%+$3 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Polymarket Perps is 0.096% cheaper against Coinbase International than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of +0.054%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International TSLA-PERP-INTX375.110.0136pay 0.0017% / 1h9m 42s$529K$332K10x
ShortPolymarket Perps TSLA-USD374.950.0050get 0.0006% / 1h9m 42s$297K$292K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps against Coinbase International. 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

Funding earned
−$18.06
Price spread: −0.043% → +0.054%
−$9.62
Slippage, 4 orders
−$11.96
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$57.64
Costs to cover
0.300%
Break-even
never at this rate
Slippage from Coinbase International: live order book, 13 min ago; Polymarket Perps: live order book, 12 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Coinbase International live order book, 13 min ago2.80 bp9.7 bp −$1011.7 bp −$117doesn't fitdoesn't fit
Sell Polymarket Perps live order book, 12 min ago0.53 bp6.4 bp −$66.9 bp −$6910.3 bp −$1,028doesn't fit

TSLA on 36 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX TSLAUSDC−0.0314%4h375.15+0.010%$397K$1.0M10xas long as short
Deribit TSLA_USDC-PERPETUAL−0.0123%1h374.90−0.056%$20K$186K10xas long as short
BloFin TSLA-USDT−0.0009%8h375.18+0.019%$571K$339K20xas long as short
Aster TSLAUSDT0.0000%8h375.11−0.001%$587K$188K50xas long as short
Extended TSLA_24_5-USD0.0000%1h375.14+0.008%$477K$10.6M10xas long as short
Binance TSLAUSDT0.0000%8h375.17+0.016%$46.9M$110.1M25xas long as short
Bybit TSLAUSDT0.0000%8h375.110.000%$10.2M$15.6M100xas long as short
OKX TSLA-USDT-SWAP0.0000%8h375.15+0.011%$11.2M$16.8M25xas long as short
Gate TSLA_USDT0.0000%8h375.20+0.024%$2.3M$4.2M100xas long as short
Bitget TSLAUSDT0.0000%8h375.12+0.003%$16.6M$22.5M100xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni TSLA0.0000%8h375.18+0.017%$1.8M$1.1Mas long as short
StandX TSLA-USD0.0000%1h375.19+0.021%$199K$898K20xas long as short
Bullet TSLA-USD0.0000%1h375.19+0.021%$5K$91K10xas long as short
Phemex TSLAUSDT0.0000%4h375.16+0.013%$1.1M$13K10xas long as short
Nado TSLA-PERP0.0000%1h374.97−0.036%$484K$90K20xas long as short
Aftermath Perps TSLAUSD+0.0016%1h375.02−0.024%$38K$49K10xas long as short
Lighter TSLA+0.0032%1h375.15+0.011%$648K$3.4M20xas long as short
Lighter RH TSLA+0.0032%1h375.18+0.019%$1.2M$2.7M20xas long as short
Vest TSLA-USD-PERP+0.0046%1h375.09−0.005%$133K25xas long as short
QFEX TSLA-USD+0.0046%1h375.20+0.024%$1.2M$7.1M10xas long as short
tradeXYZ xyz:TSLA+0.0050%1h374.91−0.053%$43.5M$14.3M20xas long as short
Polymarket Perps TSLA-USDshort+0.0050%1h374.95−0.043%$297K$292K10x
SoDEX TSLA-USD+0.0050%1h375.13+0.005%$4K$3K10xas long as short
Ondo Perps TSLA-USD.P+0.0050%1h374.92−0.051%$1.6M$1.0M10xas long as short
Hotstuff TSLA-PERP+0.0072%1h374.91−0.053%$34K20xas long as short
Pacifica TSLA+0.0100%1h375.07−0.012%$389K$37K10xas long as short
KuCoin TSLAUSDTM+0.0100%8h375.01−0.027%$1.5M$159K20xas long as short
ApeX Omni TSLAUSDT+0.0100%1h374.99−0.032%$4K$62K50xas long as short
Orderly PERP_TSLA_USDC+0.0100%8h375.01−0.027%$41K$20K20xas long as short
RISEx TSLA/USDC+0.0103%1h375.23+0.032%$175K$530K20xas long as short
Aevo TSLA-PERP+0.0104%1h375.15+0.012%$74310xas long as short
GRVT TSLA_USDT_Perp+0.0126%8h375.22+0.030%$847K$3.0M10xas long as short
Coinbase International TSLA-PERP-INTXlong+0.0136%1h375.11long leg$529K$332K10x
Arcus TSLA-USD+0.0188%1h375.03−0.021%$153K$84K10xas long as short
Injective TSLA/USDC PERP+0.0220%1h376.11+0.267%$78K$36K30xas long as short
Phoenix TSLA+0.0384%1h375.22+0.029%$1.3M$458K20xas long as short