Funding you earn now, next payment 01:00 UTC−0.0022%/8h= −2.4% APRnext payment −$0.03 per $10,000 · paid last 24h −0.002%
Price spread now: QFEX against Polymarket Perps+0.008%7-day average +0.041% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$32as in the Price arb table
costs, in and out, $10k−$290.286% of the position
Funding, last 3 days (all we have)−0.031%−$3 on $10k
+Price spread, last 7 days+0.050%+$5 · spread now +0.008%, 7d avg +0.041%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and QFEX is 0.033% 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 +0.041%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps TSLA-USD | 375.90 | 0.0050 | pay 0.0006% / 1h | 32m 46s | $298K | $308K | 10x |
| Short | QFEX TSLA-USD | 375.93 | 0.0028 | get 0.0004% / 1h | 32m 46s | $1.2M | $7.1M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$4.6
- Price spread: +0.008% → +0.041%
- −$3.31
- Slippage, 4 orders
- −$10.57
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$36.49
- Costs to cover
- 0.286%
- Break-even
- never at this rate
Slippage from Polymarket Perps: live order book, 39 min ago; QFEX: live order book, 6 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, 39 min ago | 1.07 bp | 9.0 bp −$9 | 9.1 bp −$91 | 9.8 bp −$984 | doesn't fit |
| Sell QFEX live order book, 6 min ago | 1.46 bp | 6.5 bp −$6 | 8.2 bp −$82 | 13.1 bp −$1,308 | 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 | −0.0888% | 4h | 376.12 | +0.058% | $398K | $1.0M | 10x | as long as short |
| Aster TSLAUSDT | 0.0000% | 8h | 376.05 | +0.041% | $585K | $191K | 50x | as long as short |
| Extended TSLA_24_5-USD | 0.0000% | 1h | 376.23 | +0.088% | $477K | $11.6M | 10x | as long as short |
| Binance TSLAUSDT | 0.0000% | 8h | 376.29 | +0.105% | $47.0M | $109.4M | 25x | as long as short |
| Bybit TSLAUSDT | 0.0000% | 8h | 376.18 | +0.074% | $10.2M | $15.4M | 100x | as long as short |
| OKX TSLA-USDT-SWAP | 0.0000% | 8h | 376.25 | +0.093% | $11.2M | $16.8M | 25x | as long as short |
| Gate TSLA_USDT | 0.0000% | 8h | 376.23 | +0.088% | $2.3M | $3.9M | 100x | as long as short |
| Bitget TSLAUSDT | 0.0000% | 8h | 376.16 | +0.069% | $16.8M | $22.6M | 100x | as long as short |
| Variational Omni TSLA | 0.0000% | 8h | 376.19 | +0.076% | $1.9M | $1.3M | — | as long as short |
| StandX TSLA-USD | 0.0000% | 1h | 376.20 | +0.080% | $200K | $893K | 20x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit TSLA_USDC-PERPETUAL | 0.0000% | 1h | 375.93 | +0.008% | $20K | $186K | 10x | as long as short |
| Phemex TSLAUSDT | 0.0000% | 4h | 376.10 | +0.053% | $1.1M | $13K | 10x | as long as short |
| Aftermath Perps TSLAUSD | +0.0009% | 1h | 376.01 | +0.029% | $38K | $46K | 10x | as long as short |
| BloFin TSLA-USDT | +0.0025% | 8h | 376.08 | +0.048% | $571K | $339K | 20x | as long as short |
| QFEX TSLA-USDshort | +0.0028% | 1h | 375.93 | +0.008% | $1.2M | $7.1M | 10x | |
| Lighter TSLA | +0.0032% | 1h | 376.24 | +0.090% | $717K | $3.4M | 20x | as long as short |
| Lighter RH TSLA | +0.0032% | 1h | 376.26 | +0.096% | $1.2M | $2.6M | 20x | as long as short |
| Arcus TSLA-USD | +0.0040% | 1h | 376.02 | +0.032% | $163K | $93K | 10x | as long as short |
| Vest TSLA-USD-PERP | +0.0046% | 1h | 376.03 | +0.035% | — | $133K | 25x | as long as short |
| Coinbase International TSLA-PERP-INTX | +0.0048% | 1h | 375.11 | −0.210% | $529K | $307K | 10x | as long as short |
| tradeXYZ xyz:TSLA | +0.0050% | 1h | 376.05 | +0.040% | $44.3M | $14.2M | 20x | as long as short |
| Polymarket Perps TSLA-USDlong | +0.0050% | 1h | 375.90 | long leg | $298K | $308K | 10x | |
| SoDEX TSLA-USD | +0.0050% | 1h | 375.97 | +0.019% | $4K | $3K | 10x | as long as short |
| Ondo Perps TSLA-USD.P | +0.0050% | 1h | 375.95 | +0.013% | $1.6M | $1.0M | 10x | as long as short |
| RISEx TSLA/USDC | +0.0079% | 1h | 376.31 | +0.108% | $291K | $598K | 20x | as long as short |
| GRVT TSLA_USDT_Perp | +0.0081% | 8h | 376.28 | +0.102% | $846K | $2.8M | 10x | as long as short |
| Pacifica TSLA | +0.0100% | 1h | 376.15 | +0.068% | $390K | $38K | 10x | as long as short |
| KuCoin TSLAUSDTM | +0.0100% | 8h | 375.93 | +0.008% | $1.5M | $106K | 20x | as long as short |
| ApeX Omni TSLAUSDT | +0.0100% | 1h | 376.06 | +0.043% | $4K | $62K | 50x | as long as short |
| Orderly PERP_TSLA_USDC | +0.0100% | 8h | 376.09 | +0.051% | $41K | $20K | 20x | as long as short |
| Aevo TSLA-PERP | +0.0104% | 1h | 375.96 | +0.015% | $744 | — | 10x | as long as short |
| Bullet TSLA-USD | +0.0120% | 1h | 376.09 | +0.051% | $5K | $92K | 10x | as long as short |
| Nado TSLA-PERP | +0.0138% | 1h | 375.92 | +0.006% | $489K | $112K | 20x | as long as short |
| Hotstuff TSLA-PERP | +0.0216% | 1h | 375.83 | −0.019% | $34K | — | 20x | as long as short |
| Injective TSLA/USDC PERP | +0.0220% | 1h | 377.22 | +0.351% | $78K | $36K | 30x | as long as short |
| Phoenix TSLA | +0.0277% | 1h | 376.07 | +0.045% | $1.3M | $547K | 20x | as long as short |
Polymarket Perps TSLA-USD
edgeX TSLAUSDC
Aster TSLAUSDT
Extended TSLA_24_5-USD
Binance TSLAUSDT
Bybit TSLAUSDT
OKX TSLA-USDT-SWAP
Gate TSLA_USDT
Bitget TSLAUSDT
Variational Omni TSLA
StandX TSLA-USD
Deribit TSLA_USDC-PERPETUAL
Phemex TSLAUSDT
Aftermath Perps TSLAUSD
BloFin TSLA-USDT
Lighter TSLA
Lighter RH TSLA
Coinbase International TSLA-PERP-INTX
tradeXYZ xyz:TSLA
SoDEX TSLA-USD
RISEx TSLA/USDC
GRVT TSLA_USDT_Perp
Pacifica TSLA
KuCoin TSLAUSDTM
ApeX Omni TSLAUSDT
Bullet TSLA-USD
Injective TSLA/USDC PERP
Phoenix TSLA