Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.015%

Price spread now: Polymarket Perps against KuCoin+0.045%7-day average −0.036% · you sell dearer than you buy

Net, funding: paid 7d − costs−$99as in the Funding arb table

Net, price: spread back to 7d avg − costs−$85as in the Price arb table

costs, in and out, $10k−$940.936% of the position

Long on KuCoin Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 7 days−0.050%−$5 on $10k

Price spread, last 7 days−0.062%−$6 · spread now +0.045%, 7d avg −0.036%

Together, before fees−0.112%−$11 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Polymarket Perps is 0.081% dearer against KuCoin than usual: you sell high and buy low (spread +0.045% now, against its 7-day average of −0.036%): +$8 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 5.4 days. At the pace of the last 7 days (−0.050% in total) that is about 11 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin TSLAUSDTM	375.60	0.0100	pay 0.0100% / 8h	1h 28m	$1.4M	$107K	20x
Short	Polymarket Perps TSLA-USD	375.77	0.0050	get 0.0006% / 1h	28m 21s	$300K	$304K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps against KuCoin. 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 KuCoinbpFee Polymarket PerpsbpOrdersPrice spread, now +0.045%Rate

Funding earned: −$10.5
Price spread: +0.045% → −0.036%: $8.12
Slippage, 4 orders: −$73.57
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$95.94
Costs to cover: 0.936%
Break-even: never at this rate

Slippage from KuCoin: live order book, 7 min ago; Polymarket Perps: live order book, 14 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 KuCoin live order book, 7 min ago	2.93 bp	24.8 bp −$25	doesn't fit	doesn't fit	doesn't fit
Sell Polymarket Perps live order book, 14 min ago	2.00 bp	8.6 bp −$9	8.7 bp −$87	9.5 bp −$951	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	−0.0025%	4h	375.66	+0.016%	$397K	$1.0M	10x	as long as short
BloFin TSLA-USDT	−0.0007%	8h	375.98	+0.101%	$578K	$356K	20x	as long as short
Aster TSLAUSDT	0.0000%	8h	376.00	+0.105%	$574K	$199K	50x	as long as short
Extended TSLA_24_5-USD	0.0000%	1h	375.86	+0.068%	$481K	$2.7M	10x	as long as short
Binance TSLAUSDT	0.0000%	8h	375.94	+0.091%	$47.1M	$113.4M	25x	as long as short
Bybit TSLAUSDT	0.0000%	8h	375.90	+0.080%	$10.2M	$15.4M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	375.86	+0.069%	$11.2M	$16.9M	25x	as long as short
Gate TSLA_USDT	0.0000%	8h	375.95	+0.093%	$2.3M	$3.5M	100x	as long as short
Bitget TSLAUSDT	0.0000%	8h	375.88	+0.075%	$17.2M	$22.9M	100x	as long as short
Variational Omni TSLA	0.0000%	8h	375.67	+0.018%	$1.9M	$1.3M	—	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	376.01	+0.109%	$200K	$919K	20x	as long as short
Phemex TSLAUSDT	0.0000%	4h	375.94	+0.091%	$1.1M	$14K	10x	as long as short
Hotstuff TSLA-PERP	+0.0024%	1h	375.62	+0.005%	$34K	—	20x	as long as short
Aftermath Perps TSLAUSD	+0.0026%	1h	375.61	+0.002%	$38K	$38K	10x	as long as short
Lighter RH TSLA	+0.0032%	1h	375.85	+0.067%	$1.3M	$2.5M	20x	as long as short
Arcus TSLA-USD	+0.0040%	1h	375.59	−0.003%	$135K	$108K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	375.75	+0.040%	—	$119K	25x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	375.62	+0.005%	$44.6M	$14.9M	20x	as long as short
Polymarket Perps TSLA-USDshort	+0.0050%	1h	375.77	+0.045%	$300K	$304K	10x
SoDEX TSLA-USD	+0.0050%	1h	375.84	+0.064%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	375.36	−0.064%	$1.6M	$1.1M	10x	as long as short
QFEX TSLA-USD	+0.0052%	1h	375.92	+0.085%	$1.2M	$6.2M	10x	as long as short
Pacifica TSLA	+0.0100%	1h	375.78	+0.048%	$389K	$37K	10x	as long as short
KuCoin TSLAUSDTMlong	+0.0100%	8h	375.60	long leg	$1.4M	$107K	20x
ApeX Omni TSLAUSDT	+0.0100%	1h	375.38	−0.059%	$4K	$61K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	375.62	+0.005%	$41K	$23K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	375.87	+0.073%	$744	—	10x	as long as short
Coinbase International TSLA-PERP-INTX	+0.0136%	1h	376.33	+0.194%	$506K	$349K	10x	as long as short
RISEx TSLA/USDC	+0.0138%	1h	375.98	+0.101%	$214K	$643K	20x	as long as short
Lighter TSLA	+0.0168%	1h	375.90	+0.080%	$820K	$3.7M	20x	as long as short
GRVT TSLA_USDT_Perp	+0.0207%	8h	375.78	+0.048%	$843K	$2.8M	10x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	379.41	+1.014%	$79K	$36K	30x	as long as short
Bullet TSLA-USD	+0.0237%	1h	375.97	+0.099%	$5K	$91K	10x	as long as short
Nado TSLA-PERP	+0.0288%	1h	375.62	+0.006%	$488K	$111K	20x	as long as short
Phoenix TSLA	+0.0318%	1h	375.82	+0.059%	$1.3M	$528K	20x	as long as short
Deribit TSLA_USDC-PERPETUAL	+0.0469%	1h	375.86	+0.069%	$18K	$194K	10x	as long as short