Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.015%

Price spread now: Polymarket Perps against KuCoin−0.024%7-day average −0.036% · you buy dearer than you sell

Net, funding: paid 7d − costs−$131as in the Funding arb table

Net, price: spread back to 7d avg − costs−$124as in the Price arb table

costs, in and out, $10k−$1261.255% of the position

Long on KuCoin Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 7 days−0.050%−$5 on $10k

Price spread, last 7 days+0.007%+$1 · spread now −0.024%, 7d avg −0.036%

Together, before fees−0.043%−$4 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.036%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin TSLAUSDTM	375.83	0.0100	pay 0.0100% / 8h	57m 29s	$1.5M	$334K	20x
Short	Polymarket Perps TSLA-USD	375.74	0.0050	get 0.0006% / 1h	57m 29s	$300K	$304K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps against KuCoin. 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 KuCoinbpFee Polymarket PerpsbpOrdersPrice spread, now −0.024%Rate

Funding earned: −$10.5
Price spread: −0.024% → −0.036%: $1.2
Slippage, 4 orders: −$105.53
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$134.83
Costs to cover: 1.255%
Break-even: never at this rate

Slippage from KuCoin: live order book, 8 min ago; Polymarket Perps: live order book, 45 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 KuCoin live order book, 8 min ago	2.00 bp	60.4 bp −$60	doesn't fit	doesn't fit	doesn't fit
Sell Polymarket Perps live order book, 45 min ago	2.00 bp	8.6 bp −$9	8.7 bp −$87	9.5 bp −$951	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	−0.0281%	4h	376.00	+0.044%	$398K	$1.0M	10x	as long as short
Aster TSLAUSDT	0.0000%	8h	376.02	+0.050%	$574K	$200K	50x	as long as short
Bybit TSLAUSDT	0.0000%	8h	376.00	+0.045%	$10.2M	$15.3M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	375.94	+0.029%	$11.2M	$16.9M	25x	as long as short
Gate TSLA_USDT	0.0000%	8h	376.05	+0.059%	$2.3M	$3.4M	100x	as long as short
Bitget TSLAUSDT	0.0000%	8h	375.91	+0.021%	$17.2M	$22.9M	100x	as long as short
Variational Omni TSLA	0.0000%	8h	375.97	+0.037%	$1.9M	$1.3M	—	as long as short
StandX TSLA-USD	0.0000%	1h	376.08	+0.067%	$200K	$918K	20x	as long as short
Phemex TSLAUSDT	0.0000%	4h	375.98	+0.040%	$1.1M	$14K	10x	as long as short
Binance TSLAUSDT	+0.0030%	8h	376.05	+0.059%	$47.1M	$113.3M	25x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aftermath Perps TSLAUSD	+0.0030%	1h	375.83	−0.001%	$38K	$38K	10x	as long as short
Lighter RH TSLA	+0.0032%	1h	375.91	+0.021%	$1.3M	$2.5M	20x	as long as short
Extended TSLA_24_5-USD	+0.0032%	1h	375.93	+0.028%	$480K	$2.8M	10x	as long as short
Hotstuff TSLA-PERP	+0.0032%	1h	375.75	−0.021%	$34K	—	20x	as long as short
BloFin TSLA-USDT	+0.0040%	8h	376.09	+0.069%	$577K	$355K	20x	as long as short
Arcus TSLA-USD	+0.0040%	1h	375.83	0.000%	$135K	$108K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	375.90	+0.019%	—	$119K	25x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	375.77	−0.016%	$44.6M	$14.9M	20x	as long as short
Polymarket Perps TSLA-USDshort	+0.0050%	1h	375.74	−0.024%	$300K	$304K	10x
SoDEX TSLA-USD	+0.0050%	1h	375.91	+0.021%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	375.65	−0.048%	$1.6M	$1.1M	10x	as long as short
QFEX TSLA-USD	+0.0067%	1h	375.95	+0.032%	$1.2M	$6.2M	10x	as long as short
Pacifica TSLA	+0.0100%	1h	375.66	−0.045%	$389K	$37K	10x	as long as short
KuCoin TSLAUSDTMlong	+0.0100%	8h	375.83	long leg	$1.5M	$334K	20x
ApeX Omni TSLAUSDT	+0.0100%	1h	375.66	−0.045%	$4K	$61K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	375.85	+0.005%	$41K	$23K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	375.98	+0.039%	$744	—	10x	as long as short
Coinbase International TSLA-PERP-INTX	+0.0176%	1h	375.69	−0.037%	$505K	$350K	10x	as long as short
Lighter TSLA	+0.0184%	1h	375.96	+0.035%	$821K	$3.7M	20x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	379.54	+0.987%	$79K	$36K	30x	as long as short
GRVT TSLA_USDT_Perp	+0.0245%	8h	376.09	+0.070%	$849K	$2.8M	10x	as long as short
RISEx TSLA/USDC	+0.0257%	1h	376.09	+0.069%	$214K	$643K	20x	as long as short
Bullet TSLA-USD	+0.0295%	1h	376.04	+0.056%	$6K	$90K	10x	as long as short
Nado TSLA-PERP	+0.0308%	1h	375.71	−0.031%	$488K	$111K	20x	as long as short
Phoenix TSLA	+0.0318%	1h	376.10	+0.072%	$1.3M	$525K	20x	as long as short
Deribit TSLA_USDC-PERPETUAL	+0.0549%	1h	375.99	+0.043%	$18K	$194K	10x	as long as short