Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0027%/8h= −2.9% APRpaid last 24h −0.003%

Price spread now: BloFin against Polymarket Perps+0.024%7-day average +0.055% · you sell dearer than you buy

Net, funding: paid 7d − costs−$18as in the Funding arb table

Net, price: spread back to 7d avg − costs−$31as in the Price arb table

costs, in and out, $10k−$280.278% of the position

Long on Polymarket Perps Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.094%+$9 on $10k

Price spread, last 3 days (all we have)+0.013%+$1 · spread now +0.024%, 7d avg +0.055%

Together, before fees+0.107%+$11 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BloFin is 0.031% cheaper against Polymarket Perps than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.055%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.094%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps TSLA-USD	375.50	0.0050	pay 0.0006% / 1h	22m 46s	$297K	$307K	10x
Short	BloFin TSLA-USDT	375.59	0.0023	get 0.0023% / 8h	22m 46s	$571K	$341K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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 BloFinbpOrdersPrice spread, now +0.024%Rate

Funding earned: −$5.62
Price spread: +0.024% → +0.055%: −$3.07
Slippage, 4 orders: −$7.8
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$36.49
Costs to cover: 0.278%
Break-even: never at this rate

Slippage from Polymarket Perps: live order book, 54 min ago; BloFin: live order book, 53 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, 54 min ago	2.53 bp	6.8 bp −$7	7.8 bp −$78	9.0 bp −$897	doesn't fit
Sell BloFin live order book, 53 min ago	0.27 bp	6.4 bp −$6	8.1 bp −$81	17.4 bp −$1,738	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	−0.0943%	4h	375.57	+0.020%	$397K	$1.0M	10x	as long as short
Aster TSLAUSDT	0.0000%	8h	375.52	+0.005%	$584K	$191K	50x	as long as short
Extended TSLA_24_5-USD	0.0000%	1h	375.56	+0.017%	$478K	$10.6M	10x	as long as short
Binance TSLAUSDT	0.0000%	8h	375.64	+0.036%	$46.8M	$110.1M	25x	as long as short
Bybit TSLAUSDT	0.0000%	8h	375.76	+0.069%	$10.2M	$15.4M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	375.70	+0.053%	$11.2M	$16.8M	25x	as long as short
Gate TSLA_USDT	0.0000%	8h	375.64	+0.037%	$2.3M	$4.1M	100x	as long as short
Bitget TSLAUSDT	0.0000%	8h	375.56	+0.016%	$16.7M	$22.6M	100x	as long as short
Variational Omni TSLA	0.0000%	8h	375.57	+0.019%	$1.9M	$1.2M	—	as long as short
StandX TSLA-USD	0.0000%	1h	375.70	+0.053%	$199K	$893K	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	375.60	+0.027%	$5K	$90K	10x	as long as short
Deribit TSLA_USDC-PERPETUAL	0.0000%	1h	375.48	−0.005%	$20K	$187K	10x	as long as short
Phemex TSLAUSDT	0.0000%	4h	375.55	+0.013%	$1.1M	$13K	10x	as long as short
Aftermath Perps TSLAUSD	+0.0009%	1h	375.54	+0.011%	$38K	$47K	10x	as long as short
BloFin TSLA-USDTshort	+0.0023%	8h	375.59	+0.024%	$571K	$341K	20x
QFEX TSLA-USD	+0.0031%	1h	375.49	−0.003%	$1.2M	$7.2M	10x	as long as short
Lighter TSLA	+0.0032%	1h	375.63	+0.035%	$652K	$3.3M	20x	as long as short
Lighter RH TSLA	+0.0032%	1h	375.67	+0.045%	$1.2M	$2.6M	20x	as long as short
Hotstuff TSLA-PERP	+0.0032%	1h	375.35	−0.040%	$34K	—	20x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	375.54	+0.011%	—	$133K	25x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	375.41	−0.024%	$44.2M	$14.7M	20x	as long as short
Polymarket Perps TSLA-USDlong	+0.0050%	1h	375.50	long leg	$297K	$307K	10x
SoDEX TSLA-USD	+0.0050%	1h	375.56	+0.016%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	375.37	−0.035%	$1.6M	$1.0M	10x	as long as short
Arcus TSLA-USD	+0.0083%	1h	375.41	−0.024%	$165K	$96K	10x	as long as short
RISEx TSLA/USDC	+0.0085%	1h	375.64	+0.037%	$255K	$577K	20x	as long as short
Nado TSLA-PERP	+0.0087%	1h	375.48	−0.007%	$492K	$110K	20x	as long as short
Pacifica TSLA	+0.0100%	1h	375.57	+0.019%	$389K	$38K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	375.47	−0.008%	$1.5M	$160K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	375.46	−0.011%	$4K	$62K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	375.45	−0.013%	$41K	$21K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	375.54	+0.012%	$744	—	10x	as long as short
Coinbase International TSLA-PERP-INTX	+0.0120%	1h	375.11	−0.104%	$529K	$328K	10x	as long as short
GRVT TSLA_USDT_Perp	+0.0143%	8h	375.63	+0.034%	$852K	$2.7M	10x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	376.62	+0.298%	$78K	$36K	30x	as long as short
Phoenix TSLA	+0.0362%	1h	375.59	+0.024%	$1.3M	$547K	20x	as long as short