Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0061%/8h= −6.7% APRpaid last 24h −0.044%

Price spread now: Polymarket Perps against Gate−0.048%7-day average −0.101% · you buy dearer than you sell

Net, funding: paid 7d − costs−$47as in the Funding arb table

Net, price: spread back to 7d avg − costs−$36as in the Price arb table

costs, in and out, $10k−$410.411% of the position

Long on Gate Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 7 days−0.057%−$6 on $10k

Price spread, last 7 days−0.069%−$7 · spread now −0.048%, 7d avg −0.101%

Together, before fees−0.126%−$13 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Polymarket Perps is 0.053% dearer against Gate than usual: you sell high and buy low (spread −0.048% now, against its 7-day average of −0.101%): +$5 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 2.9 days. At the pace of the last 7 days (−0.057% in total) that is about 6.6 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate TSLA_USDT	377.25	0.0111	pay 0.0111% / 8h	5h 27m	$2.3M	$3.7M	100x
Short	Polymarket Perps TSLA-USD	377.07	0.0050	get 0.0006% / 1h	27m 56s	$301K	$310K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps against Gate. 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 GatebpFee Polymarket PerpsbpOrdersPrice spread, now −0.048%Rate

Funding earned: −$12.81
Price spread: −0.048% → −0.101%: $5.34
Slippage, 4 orders: −$18.1
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$48.57
Costs to cover: 0.411%
Break-even: never at this rate

Slippage from Gate: live order book, 5 min ago; Polymarket Perps: live order book, 34 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 Gate live order book, 5 min ago	1.33 bp	14.5 bp −$14	20.0 bp −$200	doesn't fit	doesn't fit
Sell Polymarket Perps live order book, 34 min ago	2.39 bp	8.7 bp −$9	8.8 bp −$88	9.2 bp −$920	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	−0.0944%	4h	377.11	−0.038%	$398K	$1.0M	10x	as long as short
BloFin TSLA-USDT	−0.0024%	8h	377.37	+0.032%	$577K	$340K	20x	as long as short
Aster TSLAUSDT	0.0000%	8h	377.29	+0.010%	$578K	$196K	50x	as long as short
Extended TSLA_24_5-USD	0.0000%	1h	377.16	−0.025%	$480K	$7.1M	10x	as long as short
Binance TSLAUSDT	0.0000%	8h	377.25	+0.001%	$47.4M	$110.6M	25x	as long as short
Bybit TSLAUSDT	0.0000%	8h	377.32	+0.019%	$10.3M	$15.4M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	377.22	−0.008%	$11.2M	$16.8M	25x	as long as short
RISEx TSLA/USDC	0.0000%	1h	377.25	−0.001%	$290K	$599K	20x	as long as short
Bitget TSLAUSDT	0.0000%	8h	377.24	−0.003%	$17.1M	$22.9M	100x	as long as short
Variational Omni TSLA	0.0000%	8h	377.22	−0.009%	$1.9M	$1.4M	—	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT TSLA_USDT_Perp	0.0000%	8h	377.43	+0.049%	$846K	$2.8M	10x	as long as short
StandX TSLA-USD	0.0000%	1h	377.38	+0.034%	$200K	$910K	20x	as long as short
Coinbase International TSLA-PERP-INTX	0.0000%	1h	377.12	−0.034%	$513K	$330K	10x	as long as short
Phemex TSLAUSDT	0.0000%	4h	377.29	+0.011%	$1.1M	$15K	10x	as long as short
Aftermath Perps TSLAUSD	+0.0012%	1h	377.08	−0.044%	$38K	$43K	10x	as long as short
QFEX TSLA-USD	+0.0019%	1h	377.20	−0.013%	$1.2M	$6.6M	10x	as long as short
Hotstuff TSLA-PERP	+0.0024%	1h	376.92	−0.087%	$34K	—	20x	as long as short
Lighter RH TSLA	+0.0032%	1h	377.23	−0.005%	$1.2M	$2.6M	20x	as long as short
Lighter TSLA	+0.0040%	1h	377.25	0.000%	$819K	$3.6M	20x	as long as short
Arcus TSLA-USD	+0.0040%	1h	377.10	−0.040%	$162K	$96K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	377.26	+0.003%	—	$130K	25x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	376.94	−0.082%	$44.3M	$14.3M	20x	as long as short
Polymarket Perps TSLA-USDshort	+0.0050%	1h	377.07	−0.048%	$301K	$310K	10x
SoDEX TSLA-USD	+0.0050%	1h	377.17	−0.021%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	377.17	−0.021%	$1.5M	$1.1M	10x	as long as short
Bullet TSLA-USD	+0.0068%	1h	377.27	+0.006%	$5K	$92K	10x	as long as short
Pacifica TSLA	+0.0100%	1h	377.11	−0.037%	$390K	$37K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	377.15	−0.027%	$1.5M	$105K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	377.13	−0.032%	$4K	$62K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	377.03	−0.058%	$41K	$22K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	377.17	−0.022%	$747	—	10x	as long as short
Gate TSLA_USDTlong	+0.0111%	8h	377.25	long leg	$2.3M	$3.7M	100x
Nado TSLA-PERP	+0.0144%	1h	377.10	−0.040%	$490K	$112K	20x	as long as short
Deribit TSLA_USDC-PERPETUAL	+0.0174%	1h	377.09	−0.042%	$20K	$188K	10x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	378.09	+0.223%	$79K	$36K	30x	as long as short
Phoenix TSLA	+0.0254%	1h	377.24	−0.003%	$1.3M	$539K	20x	as long as short