TSLA

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0240%/8h= +26.3% APRnext payment +$0.30 per $10,000 · paid last 24h +0.002%

Price spread now: RISEx against Polymarket Perps+0.016%7-day average +0.071% · 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−$30as in the Price arb table

costs, in and out, $10k−$240.243% of the position

Long on Polymarket Perps Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.027%−$3 on $10k

Price spread, last 4 days (all we have)−1.184%−$118 · spread now +0.016%, 7d avg +0.071%

Together, before fees−1.211%−$121 on $10k · with fees, hour by hour

Funding pays, the price is against you. RISEx is 0.055% cheaper against Polymarket Perps than usual: you would sell low and buy high (spread +0.016% now, against its 7-day average of +0.071%). If the spread goes back, that is −$6 on $10k: about 18 hours of funding at the current rate (+$7 a day).

The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.027% in total (about -2.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.30 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps TSLA-USD	375.70	0.0050	pay 0.0006% / 1h	37m 44s	$300K	$161K	10x
Short	RISEx TSLA/USDC	375.76	0.0290	get 0.0036% / 1h	37m 44s	$214K	$653K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx 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 RISExbpOrdersPrice spread, now +0.016%Rate

Funding earned: $50.49
Price spread: +0.016% → +0.071%: −$5.53
Slippage, 4 orders: −$10.31
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee RISEx: 3 bp × 2 orders: −$6
Net: $20.66
Costs to cover: 0.243%
Break-even: 4.1 days

Slippage from Polymarket Perps: live order book, 59 min ago; RISEx: live order book, 61 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, 59 min ago	1.86 bp	8.5 bp −$8	9.0 bp −$90	9.5 bp −$950	doesn't fit
Sell RISEx live order book, 61 min ago	1.86 bp	4.9 bp −$5	5.3 bp −$53	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	−0.0184%	4h	375.74	+0.012%	$397K	$1.0M	10x	as long as short
Bybit TSLAUSDT	0.0000%	8h	375.63	−0.019%	$10.2M	$15.3M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	375.61	−0.024%	$11.2M	$16.7M	25x	as long as short
Gate TSLA_USDT	0.0000%	8h	375.62	−0.021%	$2.3M	$3.3M	100x	as long as short
Bitget TSLAUSDT	0.0000%	8h	375.52	−0.048%	$17.3M	$23.0M	100x	as long as short
StandX TSLA-USD	0.0000%	1h	375.85	+0.040%	$199K	$932K	20x	as long as short
Deribit TSLA_USDC-PERPETUAL	0.0000%	1h	375.50	−0.053%	$18K	$191K	10x	as long as short
Phemex TSLAUSDT	0.0000%	4h	375.70	0.000%	$1.1M	$14K	10x	as long as short
Aster TSLAUSDT	+0.0011%	8h	375.75	+0.014%	$574K	$200K	50x	as long as short
Aftermath Perps TSLAUSD	+0.0028%	1h	375.65	−0.013%	$38K	$36K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter TSLA	+0.0032%	1h	375.54	−0.043%	$804K	$3.7M	20x	as long as short
Lighter RH TSLA	+0.0032%	1h	375.54	−0.043%	$1.2M	$2.5M	20x	as long as short
Arcus TSLA-USD	+0.0040%	1h	375.53	−0.045%	$134K	$107K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	375.67	−0.008%	—	$126K	25x	as long as short
Variational Omni TSLA	+0.0046%	8h	375.72	+0.006%	$1.8M	$1.3M	—	as long as short
QFEX TSLA-USD	+0.0048%	1h	375.74	+0.011%	$1.2M	$6.2M	10x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	375.35	−0.093%	$44.5M	$14.6M	20x	as long as short
Polymarket Perps TSLA-USDlong	+0.0050%	1h	375.70	long leg	$300K	$161K	10x
SoDEX TSLA-USD	+0.0050%	1h	375.50	−0.053%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	375.45	−0.067%	$1.6M	$1.1M	10x	as long as short
BloFin TSLA-USDT	+0.0056%	8h	375.90	+0.053%	$580K	$358K	20x	as long as short
Bullet TSLA-USD	+0.0060%	1h	375.68	−0.005%	$6K	$92K	10x	as long as short
Extended TSLA_24_5-USD	+0.0072%	1h	375.52	−0.047%	$483K	$2.7M	10x	as long as short
Binance TSLAUSDT	+0.0073%	8h	375.58	−0.033%	$47.1M	$114.4M	25x	as long as short
Pacifica TSLA	+0.0100%	1h	375.48	−0.059%	$389K	$36K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	375.58	−0.032%	$1.5M	$2.2M	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	375.60	−0.027%	$4K	$62K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	375.51	−0.051%	$41K	$23K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	375.58	−0.031%	$744	—	10x	as long as short
GRVT TSLA_USDT_Perp	+0.0106%	8h	375.91	+0.056%	$850K	$2.9M	10x	as long as short
Hotstuff TSLA-PERP	+0.0120%	1h	375.54	−0.043%	$34K	—	20x	as long as short
Nado TSLA-PERP	+0.0152%	1h	375.55	−0.041%	$497K	$116K	20x	as long as short
Coinbase International TSLA-PERP-INTX	+0.0160%	1h	375.49	−0.056%	$506K	$353K	10x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	379.64	+1.049%	$79K	$37K	30x	as long as short
RISEx TSLA/USDCshort	+0.0290%	1h	375.76	+0.016%	$214K	$653K	20x
Phoenix TSLA	+0.0404%	1h	375.78	+0.021%	$1.3M	$507K	20x	as long as short