Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0011%/8h= +1.2% APRpaid last 24h −0.002%

Price spread now: Binance against Polymarket Perps+0.060%7-day average +0.084% · you sell dearer than you buy

Net, funding: paid 7d − costs−$32as in the Funding arb table

Net, price: spread back to 7d avg − costs−$29as in the Price arb table

costs, in and out, $10k−$260.262% of the position

Long on Polymarket Perps Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.057%−$6 on $10k

Price spread, last 7 days+0.035%+$3 · spread now +0.060%, 7d avg +0.084%

Together, before fees−0.022%−$2 on $10k · with fees, hour by hour

Funding pays, the price is against you. Binance is 0.024% cheaper against Polymarket Perps than usual: you would sell low and buy high (spread +0.060% now, against its 7-day average of +0.084%). If the spread goes back, that is −$2 on $10k: about 7.2 days of funding at the current rate ($0 a day). Mind the row above: over the last 7 days funding on this pair cost −0.057%, 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	Polymarket Perps TSLA-USD	376.41	0.0050	pay 0.0006% / 1h	39m 17s	$301K	$304K	10x
Short	Binance TSLAUSDT	376.64	0.0061	get 0.0061% / 8h	39m 17s	$47.1M	$113.5M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Polymarket Perps. 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 Polymarket PerpsbpFee BinancebpOrdersPrice spread, now +0.060%Rate

Funding earned: $2.32
Price spread: +0.060% → +0.084%: −$2.39
Slippage, 4 orders: −$8.23
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Binance: 5 bp × 2 orders: −$10
Net: −$26.29
Costs to cover: 0.262%
Break-even: 86.2 days

Slippage from Polymarket Perps: live order book, 63 min ago; Binance: live order book, 4 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 Polymarket Perps live order book, 63 min ago	2.00 bp	6.0 bp −$6	7.1 bp −$71	7.9 bp −$788	doesn't fit
Sell Binance live order book, 4 min ago	0.13 bp	5.5 bp −$5	8.8 bp −$88	30.5 bp −$3,049	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	−0.0091%	4h	376.79	+0.101%	$399K	$1.0M	10x	as long as short
Aster TSLAUSDT	0.0000%	8h	376.38	−0.008%	$574K	$200K	50x	as long as short
Bybit TSLAUSDT	0.0000%	8h	376.62	+0.056%	$10.2M	$15.3M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	376.66	+0.066%	$11.2M	$16.9M	25x	as long as short
Gate TSLA_USDT	0.0000%	8h	376.66	+0.066%	$2.3M	$3.5M	100x	as long as short
Bitget TSLAUSDT	0.0000%	8h	376.59	+0.048%	$17.2M	$22.9M	100x	as long as short
StandX TSLA-USD	0.0000%	1h	376.40	−0.003%	$200K	$923K	20x	as long as short
Phemex TSLAUSDT	0.0000%	4h	376.65	+0.064%	$1.1M	$14K	10x	as long as short
Hotstuff TSLA-PERP	+0.0016%	1h	376.42	+0.003%	$34K	—	20x	as long as short
Variational Omni TSLA	+0.0027%	8h	376.76	+0.093%	$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
Aftermath Perps TSLAUSD	+0.0030%	1h	376.51	+0.027%	$38K	$37K	10x	as long as short
Lighter RH TSLA	+0.0032%	1h	376.54	+0.035%	$1.3M	$2.5M	20x	as long as short
Arcus TSLA-USD	+0.0040%	1h	376.46	+0.013%	$135K	$108K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	376.51	+0.027%	—	$119K	25x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	376.37	−0.011%	$44.6M	$14.9M	20x	as long as short
Polymarket Perps TSLA-USDlong	+0.0050%	1h	376.41	long leg	$301K	$304K	10x
SoDEX TSLA-USD	+0.0050%	1h	376.57	+0.043%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	376.44	+0.008%	$1.6M	$1.1M	10x	as long as short
Extended TSLA_24_5-USD	+0.0056%	1h	376.54	+0.034%	$480K	$2.7M	10x	as long as short
Binance TSLAUSDTshort	+0.0061%	8h	376.64	+0.060%	$47.1M	$113.5M	25x
BloFin TSLA-USDT	+0.0062%	8h	376.69	+0.074%	$577K	$356K	20x	as long as short
QFEX TSLA-USD	+0.0067%	1h	376.51	+0.027%	$1.2M	$6.2M	10x	as long as short
Pacifica TSLA	+0.0100%	1h	376.29	−0.032%	$390K	$37K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	376.38	−0.008%	$1.5M	$335K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	376.33	−0.021%	$4K	$61K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	376.56	+0.040%	$41K	$23K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	376.60	+0.050%	$746	—	10x	as long as short
Deribit TSLA_USDC-PERPETUAL	+0.0122%	1h	376.42	+0.003%	$18K	$195K	10x	as long as short
Lighter TSLA	+0.0168%	1h	376.58	+0.045%	$822K	$3.7M	20x	as long as short
Coinbase International TSLA-PERP-INTX	+0.0176%	1h	375.69	−0.191%	$505K	$350K	10x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	379.80	+0.901%	$79K	$36K	30x	as long as short
RISEx TSLA/USDC	+0.0257%	1h	376.69	+0.076%	$215K	$651K	20x	as long as short
Bullet TSLA-USD	+0.0260%	1h	376.62	+0.057%	$6K	$91K	10x	as long as short
GRVT TSLA_USDT_Perp	+0.0276%	8h	376.76	+0.093%	$850K	$2.8M	10x	as long as short
Nado TSLA-PERP	+0.0278%	1h	376.32	−0.025%	$489K	$111K	20x	as long as short
Phoenix TSLA	+0.0404%	1h	376.87	+0.122%	$1.3M	$525K	20x	as long as short