Funding you earn now, next payment 02:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.06 per $10,000 · paid last 24h −0.006%
Price spread now: Polymarket Perps against Deribit+0.021%7-day average −0.029% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$22as in the Price arb table
costs, in and out, $10k−$270.272% of the position
Funding, last 5 days (all we have)−0.126%−$13 on $10k
+Price spread, last 3 days (all we have)−0.035%−$3 · spread now +0.021%, 7d avg −0.029%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Polymarket Perps is 0.050% dearer against Deribit than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.029%. Mind the row above: over the last 5 days funding on this pair cost −0.126%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit TSLA_USDC-PERPETUAL | 377.03 | 0 | get 0.0000% / 1h | 3m 37s | $20K | $187K | 10x |
| Short | Polymarket Perps TSLA-USD | 377.11 | 0.0050 | get 0.0006% / 1h | 3m 37s | $301K | $310K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against Deribit. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $10.5
- Price spread: +0.021% → −0.029%
- $5
- Slippage, 4 orders
- −$12.24
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$11.74
- Costs to cover
- 0.272%
- Break-even
- 14.8 days
Slippage from Deribit: live order book, 65 min ago; Polymarket Perps: live order book, 64 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 Deribit live order book, 65 min ago | 0.13 bp | 9.4 bp −$9 | 12.8 bp −$128 | doesn't fit | doesn't fit |
| Sell Polymarket Perps live order book, 64 min ago | 0.93 bp | 5.2 bp −$5 | 6.1 bp −$61 | 7.4 bp −$739 | doesn't fit |
TSLA on 35 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 | −0.0751% | 4h | 377.35 | +0.086% | $399K | $1.0M | 10x | as long as short |
| Coinbase International TSLA-PERP-INTX | −0.0016% | 1h | 377.33 | +0.080% | $513K | $328K | 10x | as long as short |
| Aster TSLAUSDT | 0.0000% | 8h | 377.34 | +0.081% | $578K | $196K | 50x | as long as short |
| Extended TSLA_24_5-USD | 0.0000% | 1h | 377.15 | +0.032% | $481K | $8.7M | 10x | as long as short |
| Binance TSLAUSDT | 0.0000% | 8h | 377.24 | +0.055% | $47.3M | $110.5M | 25x | as long as short |
| Bybit TSLAUSDT | 0.0000% | 8h | 377.34 | +0.082% | $10.3M | $15.5M | 100x | as long as short |
| OKX TSLA-USDT-SWAP | 0.0000% | 8h | 377.20 | +0.045% | $11.2M | $16.8M | 25x | as long as short |
| RISEx TSLA/USDC | 0.0000% | 1h | 377.29 | +0.069% | $290K | $599K | 20x | as long as short |
| Bitget TSLAUSDT | 0.0000% | 8h | 377.17 | +0.037% | $17.0M | $22.9M | 100x | as long as short |
| Variational Omni TSLA | 0.0000% | 8h | 377.33 | +0.079% | $1.9M | $1.4M | — | as long as short |
Show all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT TSLA_USDT_Perp | 0.0000% | 8h | 377.36 | +0.088% | $852K | $2.8M | 10x | as long as short |
| StandX TSLA-USD | 0.0000% | 1h | 377.25 | +0.058% | $200K | $908K | 20x | as long as short |
| Bullet TSLA-USD | 0.0000% | 1h | 377.27 | +0.063% | $5K | $92K | 10x | as long as short |
| Deribit TSLA_USDC-PERPETUALlong | 0.0000% | 1h | 377.03 | long leg | $20K | $187K | 10x | |
| Phemex TSLAUSDT | 0.0000% | 4h | 377.28 | +0.066% | $1.1M | $15K | 10x | as long as short |
| Aftermath Perps TSLAUSD | +0.0007% | 1h | 377.21 | +0.048% | $38K | $44K | 10x | as long as short |
| QFEX TSLA-USD | +0.0023% | 1h | 377.22 | +0.050% | $1.2M | $6.6M | 10x | as long as short |
| Lighter TSLA | +0.0032% | 1h | 377.23 | +0.053% | $823K | $3.6M | 20x | as long as short |
| Lighter RH TSLA | +0.0032% | 1h | 377.27 | +0.064% | $1.2M | $2.6M | 20x | as long as short |
| Arcus TSLA-USD | +0.0040% | 1h | 377.19 | +0.042% | $161K | $95K | 10x | as long as short |
| Vest TSLA-USD-PERP | +0.0046% | 1h | 377.30 | +0.072% | — | $130K | 25x | as long as short |
| tradeXYZ xyz:TSLA | +0.0049% | 1h | 377.02 | −0.003% | $44.3M | $14.2M | 20x | as long as short |
| Polymarket Perps TSLA-USDshort | +0.0050% | 1h | 377.11 | +0.021% | $301K | $310K | 10x | |
| SoDEX TSLA-USD | +0.0050% | 1h | 377.17 | +0.037% | $4K | $3K | 10x | as long as short |
| Ondo Perps TSLA-USD.P | +0.0050% | 1h | 377.03 | 0.000% | $1.5M | $1.1M | 10x | as long as short |
| Gate TSLA_USDT | +0.0070% | 8h | 377.24 | +0.056% | $2.3M | $3.8M | 100x | as long as short |
| Hotstuff TSLA-PERP | +0.0096% | 1h | 376.97 | −0.016% | $34K | — | 20x | as long as short |
| Nado TSLA-PERP | +0.0099% | 1h | 377.11 | +0.021% | $490K | $112K | 20x | as long as short |
| Pacifica TSLA | +0.0100% | 1h | 377.13 | +0.027% | $391K | $37K | 10x | as long as short |
| KuCoin TSLAUSDTM | +0.0100% | 8h | 377.20 | +0.045% | $1.5M | $105K | 20x | as long as short |
| ApeX Omni TSLAUSDT | +0.0100% | 1h | 377.28 | +0.066% | $4K | $62K | 50x | as long as short |
| Orderly PERP_TSLA_USDC | +0.0100% | 8h | 377.21 | +0.048% | $41K | $20K | 20x | as long as short |
| Aevo TSLA-PERP | +0.0104% | 1h | 377.14 | +0.028% | $747 | — | 10x | as long as short |
| Injective TSLA/USDC PERP | +0.0220% | 1h | 378.46 | +0.379% | $79K | $36K | 30x | as long as short |
| Phoenix TSLA | +0.0255% | 1h | 377.41 | +0.101% | $1.3M | $539K | 20x | as long as short |
Deribit TSLA_USDC-PERPETUAL
Polymarket Perps TSLA-USD
edgeX TSLAUSDC
Coinbase International TSLA-PERP-INTX
Aster TSLAUSDT
Extended TSLA_24_5-USD
Binance TSLAUSDT
Bybit TSLAUSDT
OKX TSLA-USDT-SWAP
RISEx TSLA/USDC
Bitget TSLAUSDT
Variational Omni TSLA
GRVT TSLA_USDT_Perp
StandX TSLA-USD
Bullet TSLA-USD
Phemex TSLAUSDT
Aftermath Perps TSLAUSD
Lighter TSLA
Lighter RH TSLA
tradeXYZ xyz:TSLA
SoDEX TSLA-USD
Gate TSLA_USDT
Pacifica TSLA
KuCoin TSLAUSDTM
ApeX Omni TSLAUSDT
Injective TSLA/USDC PERP
Phoenix TSLA