Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.015%

Price spread now: KuCoin against Polymarket Perps+0.003%7-day average +0.037% · you sell dearer than you buy

Net, funding: paid 7d − costs−$94as in the Funding arb table

Net, price: spread back to 7d avg − costs−$102as in the Price arb table

costs, in and out, $10k−$990.989% of the position

Long on Polymarket Perps Short on KuCoin

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+0.029%+$3 · spread now +0.003%, 7d avg +0.037%

Together, before fees+0.079%+$8 on $10k · with fees, hour by hour

Funding pays, the price is against you. KuCoin is 0.034% cheaper against Polymarket Perps than usual: you would sell low and buy high (spread +0.003% now, against its 7-day average of +0.037%). If the spread goes back, that is −$3 on $10k: about 2.3 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.050% in total) that is about 4.8 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps TSLA-USD	375.76	0.0050	pay 0.0006% / 1h	39m 07s	$300K	$309K	10x
Short	KuCoin TSLAUSDTM	375.77	0.0100	get 0.0100% / 8h	3h 39m	$1.5M	$105K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now +0.003%Rate

Funding earned: $10.5
Price spread: +0.003% → +0.037%: −$3.45
Slippage, 4 orders: −$78.86
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$91.81
Costs to cover: 0.989%
Break-even: 68.2 days

Slippage from Polymarket Perps: live order book, 13 min ago; KuCoin: live order book, 1 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, 13 min ago	0.13 bp	4.9 bp −$5	4.9 bp −$49	6.7 bp −$668	doesn't fit
Sell KuCoin live order book, 1 min ago	3.06 bp	59.2 bp −$59	doesn't fit	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 TSLAUSDC	−0.0495%	4h	376.08	+0.084%	$398K	$1.0M	10x	as long as short
BloFin TSLA-USDT	−0.0023%	8h	375.96	+0.053%	$575K	$352K	20x	as long as short
Aster TSLAUSDT	0.0000%	8h	376.01	+0.067%	$576K	$195K	50x	as long as short
Extended TSLA_24_5-USD	0.0000%	1h	375.85	+0.025%	$480K	$2.7M	10x	as long as short
Binance TSLAUSDT	0.0000%	8h	375.96	+0.053%	$47.3M	$111.1M	25x	as long as short
Bybit TSLAUSDT	0.0000%	8h	376.04	+0.075%	$10.2M	$15.4M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	375.89	+0.035%	$11.2M	$16.8M	25x	as long as short
RISEx TSLA/USDC	0.0000%	1h	375.96	+0.054%	$289K	$580K	20x	as long as short
Bitget TSLAUSDT	0.0000%	8h	375.88	+0.032%	$17.0M	$22.5M	100x	as long as short
Variational Omni TSLA	0.0000%	8h	376.02	+0.069%	$1.9M	$1.3M	—	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
StandX TSLA-USD	0.0000%	1h	376.04	+0.075%	$200K	$897K	20x	as long as short
Phemex TSLAUSDT	0.0000%	4h	376.28	+0.138%	$1.1M	$14K	10x	as long as short
Aftermath Perps TSLAUSD	+0.0021%	1h	375.88	+0.031%	$38K	$41K	10x	as long as short
Gate TSLA_USDT	+0.0030%	8h	375.97	+0.056%	$2.3M	$3.5M	100x	as long as short
Lighter TSLA	+0.0032%	1h	375.87	+0.029%	$818K	$3.6M	20x	as long as short
Lighter RH TSLA	+0.0032%	1h	375.91	+0.040%	$1.2M	$2.5M	20x	as long as short
Hotstuff TSLA-PERP	+0.0032%	1h	375.64	−0.032%	$34K	—	20x	as long as short
QFEX TSLA-USD	+0.0033%	1h	375.93	+0.045%	$1.2M	$6.4M	10x	as long as short
Arcus TSLA-USD	+0.0040%	1h	375.85	+0.024%	$133K	$106K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	375.87	+0.029%	—	$129K	25x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	375.65	−0.029%	$44.4M	$14.6M	20x	as long as short
Polymarket Perps TSLA-USDlong	+0.0050%	1h	375.76	long leg	$300K	$309K	10x
SoDEX TSLA-USD	+0.0050%	1h	375.83	+0.019%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	375.67	−0.024%	$1.6M	$1.1M	10x	as long as short
GRVT TSLA_USDT_Perp	+0.0065%	8h	376.04	+0.075%	$854K	$2.8M	10x	as long as short
Deribit TSLA_USDC-PERPETUAL	+0.0069%	1h	375.88	+0.032%	$20K	$189K	10x	as long as short
Coinbase International TSLA-PERP-INTX	+0.0080%	1h	376.45	+0.184%	$512K	$330K	10x	as long as short
Bullet TSLA-USD	+0.0097%	1h	375.98	+0.059%	$5K	$90K	10x	as long as short
Pacifica TSLA	+0.0100%	1h	375.78	+0.006%	$390K	$38K	10x	as long as short
KuCoin TSLAUSDTMshort	+0.0100%	8h	375.77	+0.003%	$1.5M	$105K	20x
ApeX Omni TSLAUSDT	+0.0100%	1h	376.10	+0.090%	$4K	$62K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	375.71	−0.013%	$41K	$23K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	375.88	+0.033%	$744	—	10x	as long as short
Nado TSLA-PERP	+0.0212%	1h	375.81	+0.012%	$489K	$112K	20x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	380.00	+1.128%	$79K	$36K	30x	as long as short
Phoenix TSLA	+0.0276%	1h	376.25	+0.130%	$1.3M	$540K	20x	as long as short