Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0041%/8h= +4.5% APRpaid last 24h +0.004%

Price spread now: Polymarket Perps against BloFin−0.056%45s7-day average −0.055% · you buy dearer than you sell

Net, funding: paid 7d − costs−$37as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$300.298% of the position

Long on BloFin Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 7 days−0.068%−$7 on $10k

Price spread, last 3 days (all we have)+0.018%+$2 · spread now −0.056%, 7d avg −0.055%

Together, before fees−0.049%−$5 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.055%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.068%, so the current rate has only just turned in your favour. The two prices were read 45 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin TSLA-USDT	376.21	0.0009	pay 0.0009% / 8h	7h 22m	$572K	$338K	20x
Short	Polymarket Perps TSLA-USD	376.00	0.0050	get 0.0006% / 1h	22m 22s	$298K	$308K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps against BloFin. 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 BloFinbpFee Polymarket PerpsbpOrdersPrice spread, now −0.056%Rate

Funding earned: $8.54
Price spread: −0.056% → −0.055%: −$0.05
Slippage, 4 orders: −$9.77
Fee BloFin: 6 bp × 2 orders: −$12
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$21.28
Costs to cover: 0.298%
Break-even: 24.4 days

Slippage from BloFin: live order book, 49 min ago; Polymarket Perps: live order book, 50 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 BloFin live order book, 49 min ago	0.13 bp	7.9 bp −$8	9.3 bp −$93	18.8 bp −$1,878	doesn't fit
Sell Polymarket Perps live order book, 50 min ago	1.07 bp	6.7 bp −$7	6.9 bp −$69	7.7 bp −$773	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	−0.0402%	4h	376.37	+0.043%	$398K	$1.0M	10x	as long as short
Aster TSLAUSDT	0.0000%	8h	376.07	−0.037%	$585K	$191K	50x	as long as short
Extended TSLA_24_5-USD	0.0000%	1h	376.11	−0.026%	$477K	$11.4M	10x	as long as short
Binance TSLAUSDT	0.0000%	8h	376.20	−0.003%	$47.0M	$109.3M	25x	as long as short
Bybit TSLAUSDT	0.0000%	8h	376.20	−0.003%	$10.2M	$15.5M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	376.18	−0.008%	$11.2M	$16.6M	25x	as long as short
Gate TSLA_USDT	0.0000%	8h	376.22	+0.003%	$2.4M	$3.9M	100x	as long as short
Bitget TSLAUSDT	0.0000%	8h	376.12	−0.024%	$16.8M	$22.6M	100x	as long as short
Variational Omni TSLA	0.0000%	8h	376.41	+0.054%	$1.9M	$1.3M	—	as long as short
StandX TSLA-USD	0.0000%	1h	376.17	−0.011%	$200K	$898K	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	376.04	−0.045%	$20K	$186K	10x	as long as short
Phemex TSLAUSDT	0.0000%	4h	376.23	+0.005%	$1.1M	$13K	10x	as long as short
BloFin TSLA-USDTlong	+0.0009%	8h	376.21	long leg	$572K	$338K	20x
Aftermath Perps TSLAUSD	+0.0010%	1h	376.10	−0.029%	$38K	$46K	10x	as long as short
QFEX TSLA-USD	+0.0028%	1h	376.12	−0.024%	$1.2M	$7.0M	10x	as long as short
Lighter TSLA	+0.0032%	1h	376.23	+0.005%	$829K	$3.6M	20x	as long as short
Lighter RH TSLA	+0.0032%	1h	376.24	+0.008%	$1.2M	$2.6M	20x	as long as short
Arcus TSLA-USD	+0.0040%	1h	376.18	−0.008%	$163K	$93K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	376.18	−0.008%	—	$133K	25x	as long as short
Coinbase International TSLA-PERP-INTX	+0.0048%	1h	375.11	−0.292%	$529K	$307K	10x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	375.96	−0.066%	$44.3M	$14.1M	20x	as long as short
Polymarket Perps TSLA-USDshort	+0.0050%	1h	376.00	−0.056%	$298K	$308K	10x
SoDEX TSLA-USD	+0.0050%	1h	376.13	−0.021%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	375.90	−0.082%	$1.6M	$1.1M	10x	as long as short
RISEx TSLA/USDC	+0.0079%	1h	376.25	+0.011%	$291K	$598K	20x	as long as short
Pacifica TSLA	+0.0100%	1h	376.05	−0.042%	$389K	$38K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	375.95	−0.069%	$1.5M	$106K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	376.22	+0.003%	$4K	$62K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	376.16	−0.013%	$41K	$20K	20x	as long as short
Bullet TSLA-USD	+0.0100%	1h	376.22	+0.003%	$5K	$92K	10x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	376.12	−0.023%	$745	—	10x	as long as short
Hotstuff TSLA-PERP	+0.0128%	1h	375.95	−0.069%	$34K	—	20x	as long as short
Nado TSLA-PERP	+0.0137%	1h	376.08	−0.034%	$489K	$112K	20x	as long as short
GRVT TSLA_USDT_Perp	+0.0146%	8h	376.40	+0.051%	$846K	$2.7M	10x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	377.35	+0.303%	$78K	$36K	30x	as long as short
Phoenix TSLA	+0.0277%	1h	376.64	+0.114%	$1.3M	$547K	20x	as long as short