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 +0.042%

Price spread now: Gate against Polymarket Perps+0.048%7-day average +0.102% · you sell dearer than you buy

Net, funding: paid 7d − costs−$38as in the Funding arb table

Net, price: spread back to 7d avg − costs−$49as in the Price arb table

costs, in and out, $10k−$440.438% of the position

Long on Polymarket Perps Short on Gate

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+0.047%+$5 · spread now +0.048%, 7d avg +0.102%

Together, before fees+0.104%+$10 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 Gate is 0.054% cheaper against Polymarket Perps than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.102%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.057%, 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	374.97	0.0050	pay 0.0006% / 1h	22m 58s	$297K	$292K	10x
Short	Gate TSLA_USDT	375.15	0	get 0.0000% / 8h	2h 22m	$2.3M	$4.2M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now +0.048%Rate

Funding earned: −$10.5
Price spread: +0.048% → +0.102%: −$5.44
Slippage, 4 orders: −$20.77
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$59.71
Costs to cover: 0.438%
Break-even: never at this rate

Slippage from Polymarket Perps: live order book, 64 min ago; Gate: live order book, 5 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, 64 min ago	1.47 bp	5.5 bp −$6	6.4 bp −$64	7.5 bp −$747	doesn't fit
Sell Gate live order book, 5 min ago	1.33 bp	15.4 bp −$15	24.5 bp −$245	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	−0.0668%	4h	375.09	+0.031%	$397K	$1.0M	10x	as long as short
BloFin TSLA-USDT	−0.0017%	8h	375.17	+0.053%	$571K	$339K	20x	as long as short
Hotstuff TSLA-PERP	−0.0008%	1h	374.91	−0.016%	$34K	—	20x	as long as short
Aster TSLAUSDT	0.0000%	8h	375.09	+0.031%	$588K	$187K	50x	as long as short
Extended TSLA_24_5-USD	0.0000%	1h	375.11	+0.037%	$476K	$10.6M	10x	as long as short
Binance TSLAUSDT	0.0000%	8h	375.14	+0.046%	$46.9M	$110.1M	25x	as long as short
Bybit TSLAUSDT	0.0000%	8h	375.29	+0.085%	$10.2M	$15.6M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	375.11	+0.037%	$11.2M	$16.8M	25x	as long as short
Gate TSLA_USDTshort	0.0000%	8h	375.15	+0.048%	$2.3M	$4.2M	100x
Bitget TSLAUSDT	0.0000%	8h	375.08	+0.029%	$16.6M	$22.5M	100x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni TSLA	0.0000%	8h	375.10	+0.035%	$1.8M	$1.2M	—	as long as short
StandX TSLA-USD	0.0000%	1h	375.09	+0.032%	$199K	$897K	20x	as long as short
Bullet TSLA-USD	0.0000%	1h	375.12	+0.040%	$5K	$91K	10x	as long as short
Phemex TSLAUSDT	0.0000%	4h	375.13	+0.043%	$1.1M	$13K	10x	as long as short
Nado TSLA-PERP	+0.0001%	1h	374.99	+0.006%	$484K	$90K	20x	as long as short
Deribit TSLA_USDC-PERPETUAL	+0.0017%	1h	375.17	+0.053%	$20K	$185K	10x	as long as short
Aftermath Perps TSLAUSD	+0.0017%	1h	375.02	+0.013%	$38K	$50K	10x	as long as short
Lighter TSLA	+0.0032%	1h	375.10	+0.035%	$648K	$3.4M	20x	as long as short
Lighter RH TSLA	+0.0032%	1h	375.18	+0.056%	$1.2M	$2.7M	20x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	375.12	+0.040%	—	$133K	25x	as long as short
QFEX TSLA-USD	+0.0046%	1h	375.11	+0.037%	$1.2M	$7.1M	10x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	374.95	−0.005%	$43.5M	$14.4M	20x	as long as short
Polymarket Perps TSLA-USDlong	+0.0050%	1h	374.97	long leg	$297K	$292K	10x
SoDEX TSLA-USD	+0.0050%	1h	375.10	+0.035%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	374.92	−0.013%	$1.6M	$1.0M	10x	as long as short
Pacifica TSLA	+0.0100%	1h	374.97	0.000%	$389K	$37K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	375.01	+0.011%	$1.5M	$159K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	375.04	+0.019%	$4K	$62K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	375.09	+0.032%	$41K	$20K	20x	as long as short
RISEx TSLA/USDC	+0.0103%	1h	375.17	+0.053%	$174K	$529K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	375.09	+0.032%	$743	—	10x	as long as short
GRVT TSLA_USDT_Perp	+0.0132%	8h	375.17	+0.052%	$847K	$3.0M	10x	as long as short
Coinbase International TSLA-PERP-INTX	+0.0136%	1h	375.11	+0.037%	$529K	$332K	10x	as long as short
Arcus TSLA-USD	+0.0188%	1h	375.01	+0.011%	$153K	$84K	10x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	376.03	+0.283%	$78K	$36K	30x	as long as short
Phoenix TSLA	+0.0384%	1h	375.35	+0.101%	$1.3M	$458K	20x	as long as short