Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.017%

Price spread now: Bitget against Polymarket Perps+0.032%7-day average +0.090% · you sell dearer than you buy

Net, funding: paid 7d − costs−$36as in the Funding arb table

Net, price: spread back to 7d avg − costs−$35as in the Price arb table

costs, in and out, $10k−$290.293% of the position

Long on Polymarket Perps Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.064%−$6 on $10k

Price spread, last 7 days+0.043%+$4 · spread now +0.032%, 7d avg +0.090%

Together, before fees−0.021%−$2 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Bitget is 0.058% cheaper against Polymarket Perps than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.090%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps TSLA-USD	374.95	0.0050	pay 0.0006% / 1h	25m 59s	$297K	$292K	10x
Short	Bitget TSLAUSDT	375.07	0	get 0.0000% / 8h	2h 25m	$16.6M	$22.5M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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 BitgetbpOrdersPrice spread, now +0.032%Rate

Funding earned: −$10.5
Price spread: +0.032% → +0.090%: −$5.84
Slippage, 4 orders: −$9.26
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$45.6
Costs to cover: 0.293%
Break-even: never at this rate

Slippage from Polymarket Perps: live order book, 61 min ago; Bitget: live order book, 3 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, 61 min ago	1.47 bp	5.5 bp −$6	6.4 bp −$64	7.5 bp −$747	doesn't fit
Sell Bitget live order book, 3 min ago	0.53 bp	7.6 bp −$8	12.4 bp −$124	doesn't fit	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	−0.0684%	4h	375.08	+0.036%	$397K	$1.0M	10x	as long as short
Aster TSLAUSDT	0.0000%	8h	375.06	+0.029%	$588K	$187K	50x	as long as short
Extended TSLA_24_5-USD	0.0000%	1h	375.07	+0.031%	$476K	$10.6M	10x	as long as short
Binance TSLAUSDT	0.0000%	8h	375.11	+0.043%	$46.9M	$109.9M	25x	as long as short
Bybit TSLAUSDT	0.0000%	8h	375.09	+0.037%	$10.2M	$15.6M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	375.05	+0.027%	$11.2M	$16.8M	25x	as long as short
Gate TSLA_USDT	0.0000%	8h	375.08	+0.035%	$2.3M	$4.2M	100x	as long as short
Bitget TSLAUSDTshort	0.0000%	8h	375.07	+0.032%	$16.6M	$22.5M	100x
Variational Omni TSLA	0.0000%	8h	375.11	+0.042%	$1.8M	$1.2M	—	as long as short
StandX TSLA-USD	0.0000%	1h	375.11	+0.043%	$199K	$897K	20x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bullet TSLA-USD	0.0000%	1h	375.08	+0.035%	$5K	$91K	10x	as long as short
Deribit TSLA_USDC-PERPETUAL	0.0000%	1h	375.15	+0.053%	$20K	$185K	10x	as long as short
Phemex TSLAUSDT	0.0000%	4h	375.10	+0.040%	$1.1M	$13K	10x	as long as short
Nado TSLA-PERP	+0.0002%	1h	374.99	+0.011%	$484K	$90K	20x	as long as short
Aftermath Perps TSLAUSD	+0.0017%	1h	375.02	+0.019%	$38K	$50K	10x	as long as short
BloFin TSLA-USDT	+0.0020%	8h	375.09	+0.037%	$572K	$339K	20x	as long as short
Lighter TSLA	+0.0032%	1h	375.07	+0.032%	$647K	$3.4M	20x	as long as short
Lighter RH TSLA	+0.0032%	1h	375.16	+0.056%	$1.2M	$2.7M	20x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	375.12	+0.045%	—	$133K	25x	as long as short
QFEX TSLA-USD	+0.0046%	1h	375.06	+0.029%	$1.2M	$7.1M	10x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	374.94	−0.003%	$43.5M	$14.4M	20x	as long as short
Polymarket Perps TSLA-USDlong	+0.0050%	1h	374.95	long leg	$297K	$292K	10x
SoDEX TSLA-USD	+0.0050%	1h	375.07	+0.032%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	374.73	−0.059%	$1.6M	$1.0M	10x	as long as short
Hotstuff TSLA-PERP	+0.0064%	1h	374.95	0.000%	$34K	—	20x	as long as short
Pacifica TSLA	+0.0100%	1h	374.96	+0.003%	$389K	$37K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	375.03	+0.021%	$1.5M	$159K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	375.05	+0.027%	$4K	$62K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	375.00	+0.013%	$41K	$20K	20x	as long as short
RISEx TSLA/USDC	+0.0103%	1h	375.15	+0.055%	$176K	$528K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	375.07	+0.032%	$743	—	10x	as long as short
Coinbase International TSLA-PERP-INTX	+0.0136%	1h	375.11	+0.043%	$529K	$332K	10x	as long as short
GRVT TSLA_USDT_Perp	+0.0141%	8h	375.19	+0.064%	$847K	$3.0M	10x	as long as short
Arcus TSLA-USD	+0.0188%	1h	374.98	+0.008%	$153K	$84K	10x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	376.03	+0.288%	$78K	$36K	30x	as long as short
Phoenix TSLA	+0.0384%	1h	375.21	+0.069%	$1.3M	$458K	20x	as long as short