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

TSLA

RWAall TSLA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0050%/8h= −5.5% APRnext payment $0.06 per $10,000 · paid last 24h −0.001%
Price spread now: Deribit against Polymarket Perps0.000%48s7-day average +0.027% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$280.279% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)+0.126%+$13 on $10k
Price spread, last 4 days (all we have)−0.018%−$2 · spread now 0.000%, 7d avg +0.027%
Together, before fees+0.108%+$11 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Deribit is 0.027% cheaper against Polymarket Perps than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.027%). Swap the legs. Mind the row above: over the last 5 days funding on this pair paid +0.126%, so the current rate has only just turned against you. The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps TSLA-USD376.420.0050pay 0.0006% / 1h35m 34s$301K$309K10x
ShortDeribit TSLA_USDC-PERPETUAL376.420get 0.0000% / 1h35m 34s$20K$188K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit 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
−$10.5
Price spread: 0.000% → +0.027%
−$2.71
Slippage, 4 orders
−$12.9
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
−$41.11
Costs to cover
0.279%
Break-even
never at this rate
Slippage from Polymarket Perps: live order book, 22 min ago; Deribit: live order book, 23 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, 22 min ago1.99 bp6.3 bp −$66.3 bp −$637.3 bp −$734doesn't fit
Sell Deribit live order book, 23 min ago0.13 bp3.6 bp −$45.4 bp −$54doesn'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−0.0390%4h376.49+0.019%$398K$1.0M10xas long as short
Aster TSLAUSDT0.0000%8h376.60+0.047%$577K$196K50xas long as short
Extended TSLA_24_5-USD0.0000%1h376.59+0.044%$481K$4.5M10xas long as short
Binance TSLAUSDT0.0000%8h376.70+0.074%$47.3M$111.2M25xas long as short
Bybit TSLAUSDT0.0000%8h376.76+0.090%$10.3M$15.4M100xas long as short
OKX TSLA-USDT-SWAP0.0000%8h376.65+0.061%$11.2M$16.9M25xas long as short
RISEx TSLA/USDC0.0000%1h376.68+0.070%$290K$587K20xas long as short
Hotstuff TSLA-PERP0.0000%1h376.38−0.011%$34K20xas long as short
Bitget TSLAUSDT0.0000%8h376.63+0.056%$17.0M$23.1M100xas long as short
Variational Omni TSLA0.0000%8h376.51+0.024%$1.9M$1.4Mas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX TSLA-USD0.0000%1h376.51+0.024%$200K$907K20xas long as short
Deribit TSLA_USDC-PERPETUALshort0.0000%1h376.420.000%$20K$188K10x
Phemex TSLAUSDT0.0000%4h376.59+0.045%$1.1M$14K10xas long as short
BloFin TSLA-USDT+0.0017%8h376.61+0.050%$576K$353K20xas long as short
Aftermath Perps TSLAUSD+0.0017%1h376.50+0.020%$38K$42K10xas long as short
Lighter TSLA+0.0032%1h376.53+0.029%$816K$3.6M20xas long as short
Lighter RH TSLA+0.0032%1h376.52+0.027%$1.2M$2.5M20xas long as short
QFEX TSLA-USD+0.0038%1h376.60+0.048%$1.3M$6.5M10xas long as short
Arcus TSLA-USD+0.0040%1h376.39−0.008%$140K$96K10xas long as short
Bullet TSLA-USD+0.0042%1h376.57+0.040%$6K$92K10xas long as short
Vest TSLA-USD-PERP+0.0046%1h376.64+0.058%$130K25xas long as short
tradeXYZ xyz:TSLA+0.0050%1h376.37−0.013%$44.3M$14.4M20xas long as short
Polymarket Perps TSLA-USDlong+0.0050%1h376.42long leg$301K$309K10x
SoDEX TSLA-USD+0.0050%1h376.48+0.016%$4K$3K10xas long as short
Ondo Perps TSLA-USD.P+0.0050%1h376.43+0.003%$1.6M$1.1M10xas long as short
GRVT TSLA_USDT_Perp+0.0052%8h376.56+0.038%$844K$2.8M10xas long as short
Coinbase International TSLA-PERP-INTX+0.0056%1h376.45+0.008%$512K$330K10xas long as short
Gate TSLA_USDT+0.0094%8h376.65+0.061%$2.3M$3.6M100xas long as short
Pacifica TSLA+0.0100%1h376.52+0.027%$390K$38K10xas long as short
KuCoin TSLAUSDTM+0.0100%8h376.52+0.027%$1.5M$105K20xas long as short
ApeX Omni TSLAUSDT+0.0100%1h376.38−0.011%$4K$61K50xas long as short
Orderly PERP_TSLA_USDC+0.0100%8h376.43+0.003%$41K$23K20xas long as short
Aevo TSLA-PERP+0.0104%1h376.45+0.008%$74510xas long as short
Nado TSLA-PERP+0.0142%1h376.42+0.001%$489K$112K20xas long as short
Injective TSLA/USDC PERP+0.0220%1h377.69+0.337%$79K$36K30xas long as short
Phoenix TSLA+0.0255%1h376.70+0.074%$1.3M$539K20xas long as short