Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.001%

Price spread now: tradeXYZ against Polymarket Perps−0.040%7-day average +0.003% · you buy dearer than you sell

Net, funding: paid 7d − costs−$32as in the Funding arb table

Net, price: spread back to 7d avg − costs−$39as in the Price arb table

costs, in and out, $10k−$350.351% of the position

Long on Polymarket Perps Short on tradeXYZ

What this pair did over the last

the charts below follow

Funding, last 7 days+0.029%+$3 on $10k

Price spread, last 7 days+0.088%+$9 · spread now −0.040%, 7d avg +0.003%

Together, before fees+0.116%+ Points / potential airdroptradeXYZ: Active · farm board+$12 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: tradeXYZ is 0.043% cheaper against Polymarket Perps than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.003%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps TSLA-USD	376.51	0.0050	pay 0.0006% / 1h	9m 55s	$301K	$303K	10x
Short	tradeXYZ xyz:TSLA	376.36	0.0050	get 0.0006% / 1h	9m 55s	$44.7M	$14.9M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ 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 tradeXYZbpOrdersPrice spread, now −0.040%Rate

Funding earned: $0
Price spread: −0.040% → +0.003%: −$4.28
Slippage, 4 orders: −$9.12
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: −$39.39
Costs to cover: 0.351%
Break-even: never at this rate

Slippage from Polymarket Perps: live order book, 27 min ago; tradeXYZ: live order book, 9 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, 27 min ago	1.86 bp	8.5 bp −$8	9.0 bp −$90	9.5 bp −$950	doesn't fit
Sell tradeXYZ live order book, 9 min ago	0.53 bp	10.3 bp −$10	12.2 bp −$122	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	−0.0276%	4h	377.20	+0.184%	$399K	$1.0M	10x	as long as short
Bybit TSLAUSDT	0.0000%	8h	376.63	+0.032%	$10.2M	$15.4M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	376.63	+0.032%	$11.3M	$16.9M	25x	as long as short
Gate TSLA_USDT	0.0000%	8h	376.66	+0.040%	$2.3M	$3.5M	100x	as long as short
Bitget TSLAUSDT	0.0000%	8h	376.55	+0.011%	$17.4M	$23.2M	100x	as long as short
StandX TSLA-USD	0.0000%	1h	376.44	−0.019%	$200K	$918K	20x	as long as short
Phemex TSLAUSDT	0.0000%	4h	376.61	+0.027%	$1.1M	$14K	10x	as long as short
Aster TSLAUSDT	+0.0021%	8h	376.78	+0.073%	$575K	$200K	50x	as long as short
Lighter RH TSLA	+0.0032%	1h	376.53	+0.005%	$1.2M	$2.6M	20x	as long as short
Aftermath Perps TSLAUSD	+0.0032%	1h	376.59	+0.022%	$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
Arcus TSLA-USD	+0.0040%	1h	376.70	+0.050%	$135K	$108K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	376.54	+0.008%	—	$125K	25x	as long as short
tradeXYZ xyz:TSLAshort	+0.0050%	1h	376.36	−0.040%	$44.7M	$14.9M	20x
Polymarket Perps TSLA-USDlong	+0.0050%	1h	376.51	long leg	$301K	$303K	10x
SoDEX TSLA-USD	+0.0050%	1h	376.52	+0.003%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	376.29	−0.058%	$1.6M	$1.1M	10x	as long as short
Variational Omni TSLA	+0.0057%	8h	376.66	+0.039%	$1.8M	$1.3M	—	as long as short
QFEX TSLA-USD	+0.0067%	1h	376.55	+0.011%	$1.2M	$6.2M	10x	as long as short
BloFin TSLA-USDT	+0.0072%	8h	376.68	+0.045%	$579K	$356K	20x	as long as short
Hotstuff TSLA-PERP	+0.0072%	1h	376.36	−0.040%	$34K	—	20x	as long as short
Binance TSLAUSDT	+0.0086%	8h	376.62	+0.029%	$47.1M	$114.6M	25x	as long as short
Extended TSLA_24_5-USD	+0.0088%	1h	376.54	+0.008%	$483K	$2.7M	10x	as long as short
Pacifica TSLA	+0.0100%	1h	376.35	−0.044%	$390K	$37K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	376.41	−0.027%	$1.5M	$1.8M	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	376.73	+0.058%	$4K	$62K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	376.32	−0.050%	$41K	$23K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	376.60	+0.024%	$746	—	10x	as long as short
Lighter TSLA	+0.0144%	1h	376.54	+0.008%	$821K	$3.7M	20x	as long as short
Coinbase International TSLA-PERP-INTX	+0.0176%	1h	376.72	+0.056%	$509K	$357K	10x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	379.80	+0.874%	$79K	$36K	30x	as long as short
Bullet TSLA-USD	+0.0238%	1h	376.62	+0.030%	$6K	$92K	10x	as long as short
RISEx TSLA/USDC	+0.0257%	1h	376.68	+0.044%	$215K	$655K	20x	as long as short
Nado TSLA-PERP	+0.0281%	1h	376.33	−0.048%	$498K	$116K	20x	as long as short
Deribit TSLA_USDC-PERPETUAL	+0.0281%	1h	376.50	−0.003%	$18K	$195K	10x	as long as short
GRVT TSLA_USDT_Perp	+0.0292%	8h	377.06	+0.147%	$850K	$2.8M	10x	as long as short
Phoenix TSLA	+0.0404%	1h	376.98	+0.125%	$1.3M	$525K	20x	as long as short