Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0750%/8h= −82.1% APRpaid last 24h −0.184%

Price spread now: edgeX against Polymarket Perps−0.102%7-day average +0.050% · you buy dearer than you sell

Net, funding: paid 7d − costs−$46as in the Funding arb table

Net, price: spread back to 7d avg − costs−$47as in the Price arb table

costs, in and out, $10k−$320.319% of the position

Long on Polymarket Perps Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.137%−$14 on $10k

Price spread, last 7 days+0.156%+$16 · spread now −0.102%, 7d avg +0.050%

Together, before fees+0.019%+ Points / potential airdropedgeX: Active · farm board+$2 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$22 a day on $10k at the current rate, and edgeX is 0.152% cheaper against Polymarket Perps than usual: you would sell low and buy high (−$15 if the spread goes back to its 7-day average of +0.050%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.137% in total (about -7.2% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps TSLA-USD	377.50	0.0050	pay 0.0006% / 1h	36m 34s	$302K	$310K	10x
Short	edgeX TSLAUSDC	377.11	−0.0700	pay 0.0350% / 4h	2h 36m	$398K	$1.0M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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

Position, each leg$Hold fordaysFee Polymarket PerpsbpFee edgeXbpOrdersPrice spread, now −0.102%Rate

Funding earned: −$157.43
Price spread: −0.102% → +0.050%: −$15.18
Slippage, 4 orders: −$14.93
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$204.54
Costs to cover: 0.319%
Break-even: never at this rate

Slippage from Polymarket Perps: live order book, 31 min ago; edgeX: live order book, 2 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 Polymarket Perps live order book, 31 min ago	0.93 bp	9.0 bp −$9	9.2 bp −$92	10.1 bp −$1,013	doesn't fit
Sell edgeX live order book, 2 min ago	0.40 bp	8.7 bp −$9	12.0 bp −$120	doesn't fit	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 TSLAUSDCshort	−0.0700%	4h	377.11	−0.102%	$398K	$1.0M	10x
Hotstuff TSLA-PERP	−0.0064%	1h	377.26	−0.064%	$34K	—	20x	as long as short
BloFin TSLA-USDT	−0.0027%	8h	376.98	−0.138%	$576K	$341K	20x	as long as short
Coinbase International TSLA-PERP-INTX	−0.0016%	1h	377.25	−0.066%	$513K	$329K	10x	as long as short
Aster TSLAUSDT	0.0000%	8h	377.42	−0.020%	$578K	$196K	50x	as long as short
Extended TSLA_24_5-USD	0.0000%	1h	377.41	−0.024%	$480K	$10.3M	10x	as long as short
Binance TSLAUSDT	0.0000%	8h	377.51	+0.002%	$47.3M	$110.1M	25x	as long as short
Bybit TSLAUSDT	0.0000%	8h	377.56	+0.016%	$10.3M	$15.5M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	377.49	−0.003%	$11.2M	$16.7M	25x	as long as short
RISEx TSLA/USDC	0.0000%	1h	377.51	+0.002%	$292K	$598K	20x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate TSLA_USDT	0.0000%	8h	377.51	+0.003%	$2.3M	$3.8M	100x	as long as short
Bitget TSLAUSDT	0.0000%	8h	377.51	+0.003%	$16.9M	$22.8M	100x	as long as short
Variational Omni TSLA	0.0000%	8h	376.93	−0.152%	$1.9M	$1.3M	—	as long as short
StandX TSLA-USD	0.0000%	1h	377.40	−0.026%	$200K	$907K	20x	as long as short
Bullet TSLA-USD	0.0000%	1h	377.73	+0.061%	$6K	$93K	10x	as long as short
Deribit TSLA_USDC-PERPETUAL	0.0000%	1h	377.53	+0.008%	$20K	$187K	10x	as long as short
Phemex TSLAUSDT	0.0000%	4h	377.64	+0.037%	$1.1M	$14K	10x	as long as short
Aftermath Perps TSLAUSD	+0.0009%	1h	376.99	−0.136%	$38K	$45K	10x	as long as short
QFEX TSLA-USD	+0.0023%	1h	377.43	−0.019%	$1.3M	$6.7M	10x	as long as short
Lighter TSLA	+0.0032%	1h	377.52	+0.005%	$825K	$3.6M	20x	as long as short
Lighter RH TSLA	+0.0032%	1h	377.54	+0.011%	$1.2M	$2.6M	20x	as long as short
Arcus TSLA-USD	+0.0040%	1h	377.18	−0.085%	$163K	$93K	10x	as long as short
tradeXYZ xyz:TSLA	+0.0045%	1h	377.31	−0.050%	$44.4M	$14.0M	20x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	377.69	+0.050%	—	$130K	25x	as long as short
GRVT TSLA_USDT_Perp	+0.0048%	8h	377.31	−0.050%	$849K	$2.8M	10x	as long as short
Polymarket Perps TSLA-USDlong	+0.0050%	1h	377.50	long leg	$302K	$310K	10x
SoDEX TSLA-USD	+0.0050%	1h	377.55	+0.013%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	377.38	−0.032%	$1.5M	$1.1M	10x	as long as short
Nado TSLA-PERP	+0.0083%	1h	377.59	+0.024%	$491K	$112K	20x	as long as short
Pacifica TSLA	+0.0100%	1h	377.46	−0.011%	$391K	$38K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	377.10	−0.106%	$1.5M	$105K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	377.12	−0.101%	$4K	$61K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	377.56	+0.016%	$41K	$20K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	377.60	+0.026%	$748	—	10x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	378.19	+0.183%	$79K	$36K	30x	as long as short
Phoenix TSLA	+0.0255%	1h	377.47	−0.008%	$1.3M	$539K	20x	as long as short