Settings8H · net · $10k
Funding arb · Price arb /

TSLA

RWAall TSLA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0062%/8h= +6.8% APRnext payment +$0.08 per $10,000 · paid last 24h +0.009%
Price spread now: Coinbase International against Polymarket Perps+0.027%47s7-day average −0.051% · you sell dearer than you buy
Net, funding: paid 7d − costs−$25as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$310.312% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.062%+$6 on $10k
Price spread, last 4 days (all we have)−0.024%−$2 · spread now +0.027%, 7d avg −0.051%
Together, before fees+0.037%+$4 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Coinbase International is 0.078% dearer against Polymarket Perps than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.051%. The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps TSLA-USD376.030.0050pay 0.0006% / 1h44m 27s$300K$309K10x
ShortCoinbase International TSLA-PERP-INTX376.130.0112get 0.0014% / 1h44m 27s$511K$337K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International 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

Funding earned
$13.02
Price spread: +0.027% → −0.051%
$7.76
Slippage, 4 orders
−$13.2
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$10.42
Costs to cover
0.312%
Break-even
12.6 days
Slippage from Polymarket Perps: live order book, 3 min ago; Coinbase International: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Polymarket Perps live order book, 3 min ago1.86 bp7.7 bp −$87.7 bp −$779.4 bp −$944doesn't fit
Sell Coinbase International live order book, 4 min ago2.92 bp9.1 bp −$910.5 bp −$105doesn't fitdoesn't fit

TSLA on 36 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX TSLAUSDC−0.0328%4h376.17+0.037%$398K$1.0M10xas long as short
BloFin TSLA-USDT−0.0026%8h376.16+0.035%$577K$353K20xas long as short
Aster TSLAUSDT0.0000%8h376.22+0.052%$576K$198K50xas long as short
Extended TSLA_24_5-USD0.0000%1h376.05+0.005%$479K$2.7M10xas long as short
Binance TSLAUSDT0.0000%8h376.15+0.032%$47.0M$112.5M25xas long as short
Bybit TSLAUSDT0.0000%8h376.08+0.013%$10.2M$15.4M100xas long as short
OKX TSLA-USDT-SWAP0.0000%8h376.09+0.016%$11.2M$16.9M25xas long as short
Bitget TSLAUSDT0.0000%8h376.13+0.027%$17.1M$22.7M100xas long as short
Variational Omni TSLA0.0000%8h376.15+0.032%$1.9M$1.3Mas long as short
StandX TSLA-USD0.0000%1h376.14+0.029%$200K$917K20xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit TSLA_USDC-PERPETUAL0.0000%1h376.02−0.003%$18K$193K10xas long as short
Phemex TSLAUSDT0.0000%4h376.14+0.029%$1.1M$14K10xas long as short
Aftermath Perps TSLAUSD+0.0020%1h376.02−0.004%$38K$40K10xas long as short
Gate TSLA_USDT+0.0022%8h376.19+0.043%$2.3M$3.5M100xas long as short
Lighter RH TSLA+0.0032%1h376.08+0.013%$1.2M$2.5M20xas long as short
Arcus TSLA-USD+0.0040%1h375.89−0.037%$135K$107K10xas long as short
Vest TSLA-USD-PERP+0.0046%1h376.10+0.019%$128K25xas long as short
tradeXYZ xyz:TSLA+0.0050%1h375.82−0.056%$44.5M$14.7M20xas long as short
Polymarket Perps TSLA-USDlong+0.0050%1h376.03long leg$300K$309K10x
SoDEX TSLA-USD+0.0050%1h376.06+0.008%$4K$3K10xas long as short
Ondo Perps TSLA-USD.P+0.0050%1h375.94−0.024%$1.6M$1.1M10xas long as short
QFEX TSLA-USD+0.0052%1h376.12+0.024%$1.2M$6.2M10xas long as short
RISEx TSLA/USDC+0.0054%1h376.24+0.056%$289K$580K20xas long as short
Hotstuff TSLA-PERP+0.0080%1h375.83−0.053%$34K20xas long as short
Pacifica TSLA+0.0100%1h375.91−0.032%$390K$37K10xas long as short
KuCoin TSLAUSDTM+0.0100%8h375.97−0.016%$1.5M$105K20xas long as short
ApeX Omni TSLAUSDT+0.0100%1h376.030.000%$4K$62K50xas long as short
Orderly PERP_TSLA_USDC+0.0100%8h375.91−0.032%$41K$23K20xas long as short
Aevo TSLA-PERP+0.0104%1h376.08+0.012%$74510xas long as short
Coinbase International TSLA-PERP-INTXshort+0.0112%1h376.13+0.027%$511K$337K10x
Lighter TSLA+0.0136%1h376.11+0.021%$835K$3.6M20xas long as short
GRVT TSLA_USDT_Perp+0.0145%8h376.32+0.077%$849K$2.8M10xas long as short
Bullet TSLA-USD+0.0192%1h376.18+0.040%$4K$90K10xas long as short
Injective TSLA/USDC PERP+0.0220%1h377.15+0.298%$78K$36K30xas long as short
Nado TSLA-PERP+0.0271%1h375.95−0.021%$489K$112K20xas long as short
Phoenix TSLA+0.0298%1h376.12+0.024%$1.3M$528K20xas long as short