Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.015%

Price spread now: KuCoin against Polymarket Perps−0.021%7-day average +0.037% · you buy dearer than you sell

Net, funding: paid 7d − costs−$49as in the Funding arb table

Net, price: spread back to 7d avg − costs−$60as in the Price arb table

costs, in and out, $10k−$540.542% of the position

Long on Polymarket Perps Short on KuCoin

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+0.053%+$5 · spread now −0.021%, 7d avg +0.037%

Together, before fees+0.103%+$10 on $10k · with fees, hour by hour

Funding pays, the price is against you. KuCoin is 0.058% cheaper against Polymarket Perps than usual: you would sell low and buy high (spread −0.021% now, against its 7-day average of +0.037%). If the spread goes back, that is −$6 on $10k: about 3.9 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.050% in total) that is about 8.2 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps TSLA-USD	376.06	0.0050	pay 0.0006% / 1h	49m 50s	$300K	$309K	10x
Short	KuCoin TSLAUSDTM	375.98	0.0100	get 0.0100% / 8h	2h 49m	$1.5M	$105K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now −0.021%Rate

Funding earned: $10.5
Price spread: −0.021% → +0.037%: −$5.84
Slippage, 4 orders: −$34.24
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$49.58
Costs to cover: 0.542%
Break-even: 40.1 days

Slippage from Polymarket Perps: live order book, 62 min ago; KuCoin: live order book, 11 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, 62 min ago	0.13 bp	4.9 bp −$5	4.9 bp −$49	6.7 bp −$668	doesn't fit
Sell KuCoin live order book, 11 min ago	2.39 bp	21.6 bp −$22	doesn't fit	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	−0.0326%	4h	376.20	+0.038%	$398K	$1.0M	10x	as long as short
Aster TSLAUSDT	0.0000%	8h	376.25	+0.052%	$576K	$198K	50x	as long as short
Extended TSLA_24_5-USD	0.0000%	1h	376.11	+0.013%	$479K	$2.7M	10x	as long as short
Binance TSLAUSDT	0.0000%	8h	376.20	+0.038%	$47.0M	$112.5M	25x	as long as short
Bybit TSLAUSDT	0.0000%	8h	376.16	+0.027%	$10.2M	$15.3M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	376.13	+0.019%	$11.2M	$16.9M	25x	as long as short
Bitget TSLAUSDT	0.0000%	8h	376.20	+0.037%	$17.1M	$22.7M	100x	as long as short
Variational Omni TSLA	0.0000%	8h	376.20	+0.037%	$1.9M	$1.3M	—	as long as short
StandX TSLA-USD	0.0000%	1h	376.27	+0.056%	$200K	$917K	20x	as long as short
Phemex TSLAUSDT	0.0000%	4h	376.21	+0.040%	$1.1M	$14K	10x	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	+0.0020%	1h	376.00	−0.016%	$38K	$40K	10x	as long as short
BloFin TSLA-USDT	+0.0022%	8h	376.29	+0.061%	$577K	$353K	20x	as long as short
Gate TSLA_USDT	+0.0023%	8h	376.24	+0.048%	$2.3M	$3.5M	100x	as long as short
Hotstuff TSLA-PERP	+0.0024%	1h	375.87	−0.051%	$34K	—	20x	as long as short
Lighter RH TSLA	+0.0032%	1h	376.12	+0.016%	$1.2M	$2.5M	20x	as long as short
Arcus TSLA-USD	+0.0040%	1h	375.93	−0.035%	$135K	$107K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	376.09	+0.008%	—	$128K	25x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	375.85	−0.056%	$44.5M	$14.7M	20x	as long as short
Polymarket Perps TSLA-USDlong	+0.0050%	1h	376.06	long leg	$300K	$309K	10x
SoDEX TSLA-USD	+0.0050%	1h	376.09	+0.008%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	375.80	−0.069%	$1.6M	$1.1M	10x	as long as short
QFEX TSLA-USD	+0.0052%	1h	376.21	+0.040%	$1.2M	$6.2M	10x	as long as short
RISEx TSLA/USDC	+0.0054%	1h	376.25	+0.051%	$289K	$580K	20x	as long as short
Pacifica TSLA	+0.0100%	1h	375.91	−0.039%	$390K	$37K	10x	as long as short
KuCoin TSLAUSDTMshort	+0.0100%	8h	375.98	−0.021%	$1.5M	$105K	20x
ApeX Omni TSLAUSDT	+0.0100%	1h	375.96	−0.027%	$4K	$62K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	376.15	+0.024%	$41K	$23K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	376.15	+0.023%	$745	—	10x	as long as short
Coinbase International TSLA-PERP-INTX	+0.0112%	1h	376.13	+0.019%	$511K	$337K	10x	as long as short
GRVT TSLA_USDT_Perp	+0.0136%	8h	376.33	+0.071%	$844K	$2.8M	10x	as long as short
Lighter TSLA	+0.0160%	1h	376.14	+0.021%	$836K	$3.6M	20x	as long as short
Bullet TSLA-USD	+0.0212%	1h	376.24	+0.048%	$4K	$90K	10x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	377.15	+0.290%	$78K	$36K	30x	as long as short
Nado TSLA-PERP	+0.0281%	1h	375.97	−0.024%	$489K	$112K	20x	as long as short
Deribit TSLA_USDC-PERPETUAL	+0.0282%	1h	376.07	+0.003%	$18K	$193K	10x	as long as short
Phoenix TSLA	+0.0298%	1h	376.27	+0.056%	$1.3M	$528K	20x	as long as short