Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0714%/8h= +78.2% APRpaid last 24h +0.143%

Price spread now: Polymarket Perps against edgeX−0.055%7-day average −0.049% · you buy dearer than you sell

Net, funding: paid 7d − costs−$21as in the Funding arb table

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

costs, in and out, $10k−$320.324% of the position

Long on edgeX Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 7 days+0.115%+$11 on $10k

Price spread, last 7 days+0.011%+$1 · spread now −0.055%, 7d avg −0.049%

Together, before fees+0.125%+ Points / potential airdropedgeX: Active · farm board+$13 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.049%, so right now this pair is about funding alone: +$21 a day on $10k at the current rate.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.115% in total (about 6.0% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX TSLAUSDC	375.63	−0.0664	get 0.0332% / 4h	27m 08s	$397K	$1.0M	10x
Short	Polymarket Perps TSLA-USD	375.42	0.0050	get 0.0006% / 1h	27m 08s	$297K	$300K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps against edgeX. 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 edgeXbpFee Polymarket PerpsbpOrdersPrice spread, now −0.055%Rate

Funding earned: $150.01
Price spread: −0.055% → −0.049%: −$0.59
Slippage, 4 orders: −$15.37
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: $117.05
Costs to cover: 0.324%
Break-even: 1.5 days

Slippage from edgeX: live order book, 2 min ago; Polymarket Perps: live order book, 50 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 edgeX live order book, 2 min ago	4.26 bp	9.0 bp −$9	11.9 bp −$119	doesn't fit	doesn't fit
Sell Polymarket Perps live order book, 50 min ago	2.53 bp	7.6 bp −$8	7.8 bp −$78	8.8 bp −$877	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 TSLAUSDClong	−0.0664%	4h	375.63	long leg	$397K	$1.0M	10x
BloFin TSLA-USDT	−0.0024%	8h	375.59	−0.010%	$570K	$341K	20x	as long as short
Aster TSLAUSDT	0.0000%	8h	375.30	−0.086%	$584K	$191K	50x	as long as short
Extended TSLA_24_5-USD	0.0000%	1h	375.50	−0.034%	$478K	$10.6M	10x	as long as short
Binance TSLAUSDT	0.0000%	8h	375.59	−0.010%	$46.8M	$110.0M	25x	as long as short
Bybit TSLAUSDT	0.0000%	8h	375.66	+0.009%	$10.2M	$15.4M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	375.61	−0.005%	$11.2M	$16.8M	25x	as long as short
Gate TSLA_USDT	0.0000%	8h	375.55	−0.021%	$2.3M	$4.1M	100x	as long as short
Bitget TSLAUSDT	0.0000%	8h	375.48	−0.039%	$16.7M	$22.6M	100x	as long as short
Variational Omni TSLA	0.0000%	8h	375.71	+0.023%	$1.9M	$1.2M	—	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
StandX TSLA-USD	0.0000%	1h	375.63	+0.001%	$199K	$894K	20x	as long as short
Bullet TSLA-USD	0.0000%	1h	375.55	−0.021%	$5K	$90K	10x	as long as short
Phemex TSLAUSDT	0.0000%	4h	375.57	−0.015%	$1.1M	$13K	10x	as long as short
Aftermath Perps TSLAUSD	+0.0008%	1h	375.54	−0.023%	$38K	$47K	10x	as long as short
Hotstuff TSLA-PERP	+0.0016%	1h	375.28	−0.092%	$34K	—	20x	as long as short
Deribit TSLA_USDC-PERPETUAL	+0.0016%	1h	375.51	−0.031%	$20K	$187K	10x	as long as short
QFEX TSLA-USD	+0.0031%	1h	375.48	−0.039%	$1.2M	$7.2M	10x	as long as short
Lighter TSLA	+0.0032%	1h	375.52	−0.028%	$652K	$3.3M	20x	as long as short
Lighter RH TSLA	+0.0032%	1h	375.55	−0.021%	$1.2M	$2.6M	20x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	375.51	−0.031%	—	$133K	25x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	375.31	−0.084%	$44.2M	$14.7M	20x	as long as short
Polymarket Perps TSLA-USDshort	+0.0050%	1h	375.42	−0.055%	$297K	$300K	10x
SoDEX TSLA-USD	+0.0050%	1h	375.49	−0.036%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	375.43	−0.052%	$1.6M	$1.0M	10x	as long as short
Nado TSLA-PERP	+0.0075%	1h	375.40	−0.061%	$493K	$110K	20x	as long as short
Arcus TSLA-USD	+0.0083%	1h	375.35	−0.074%	$165K	$96K	10x	as long as short
RISEx TSLA/USDC	+0.0085%	1h	375.58	−0.013%	$256K	$576K	20x	as long as short
Pacifica TSLA	+0.0100%	1h	375.48	−0.039%	$389K	$38K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	375.40	−0.060%	$1.5M	$160K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	375.42	−0.055%	$4K	$62K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	375.32	−0.082%	$41K	$21K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	375.49	−0.036%	$743	—	10x	as long as short
Coinbase International TSLA-PERP-INTX	+0.0120%	1h	375.11	−0.138%	$529K	$328K	10x	as long as short
GRVT TSLA_USDT_Perp	+0.0140%	8h	375.74	+0.029%	$853K	$2.7M	10x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	376.62	+0.264%	$78K	$36K	30x	as long as short
Phoenix TSLA	+0.0362%	1h	375.73	+0.027%	$1.3M	$547K	20x	as long as short