Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.002%

Price spread now: Polymarket Perps against Binance−0.039%46s7-day average −0.085% · you buy dearer than you sell

Net, funding: paid 7d − costs−$20as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$260.259% of the position

Long on Binance Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 7 days+0.057%+$6 on $10k

Price spread, last 7 days−0.056%−$6 · spread now −0.039%, 7d avg −0.085%

Together, before fees+0.001%$0 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 Polymarket Perps is 0.046% dearer against Binance than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.085%. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance TSLAUSDT	376.55	0	get 0.0000% / 8h	2h 03m	$47.3M	$113.1M	25x
Short	Polymarket Perps TSLA-USD	376.40	0.0050	get 0.0006% / 1h	3m 40s	$301K	$307K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps against Binance. 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 BinancebpFee Polymarket PerpsbpOrdersPrice spread, now −0.039%Rate

Funding earned: $10.5
Price spread: −0.039% → −0.085%: $4.62
Slippage, 4 orders: −$7.93
Fee Binance: 5 bp × 2 orders: −$10
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$10.81
Costs to cover: 0.259%
Break-even: 14.2 days

Slippage from Binance: live order book, 9 min ago; Polymarket Perps: live order book, 43 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 Binance live order book, 9 min ago	0.13 bp	6.0 bp −$6	10.9 bp −$109	29.4 bp −$2,945	doesn't fit
Sell Polymarket Perps live order book, 43 min ago	1.86 bp	6.4 bp −$6	7.4 bp −$74	8.0 bp −$804	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	−0.0344%	4h	376.60	+0.014%	$398K	$1.0M	10x	as long as short
Aster TSLAUSDT	0.0000%	8h	376.47	−0.021%	$575K	$199K	50x	as long as short
Extended TSLA_24_5-USD	0.0000%	1h	376.43	−0.030%	$479K	$2.7M	10x	as long as short
Binance TSLAUSDTlong	0.0000%	8h	376.55	long leg	$47.3M	$113.1M	25x
Bybit TSLAUSDT	0.0000%	8h	376.47	−0.020%	$10.2M	$15.4M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	376.44	−0.028%	$11.2M	$16.9M	25x	as long as short
Bitget TSLAUSDT	0.0000%	8h	376.47	−0.020%	$17.1M	$22.7M	100x	as long as short
Variational Omni TSLA	0.0000%	8h	376.54	−0.002%	$1.9M	$1.3M	—	as long as short
StandX TSLA-USD	0.0000%	1h	376.40	−0.039%	$200K	$917K	20x	as long as short
Phemex TSLAUSDT	0.0000%	4h	376.47	−0.020%	$1.1M	$14K	10x	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	+0.0002%	8h	376.54	−0.001%	$2.3M	$3.6M	100x	as long as short
BloFin TSLA-USDT	+0.0012%	8h	376.58	+0.009%	$572K	$355K	20x	as long as short
Aftermath Perps TSLAUSD	+0.0020%	1h	376.32	−0.060%	$38K	$39K	10x	as long as short
Lighter RH TSLA	+0.0032%	1h	376.43	−0.031%	$1.3M	$2.6M	20x	as long as short
Arcus TSLA-USD	+0.0040%	1h	376.25	−0.079%	$135K	$107K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	376.50	−0.012%	—	$125K	25x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	376.19	−0.094%	$44.6M	$14.8M	20x	as long as short
Polymarket Perps TSLA-USDshort	+0.0050%	1h	376.40	−0.039%	$301K	$307K	10x
SoDEX TSLA-USD	+0.0050%	1h	376.39	−0.041%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	376.19	−0.094%	$1.6M	$1.1M	10x	as long as short
QFEX TSLA-USD	+0.0052%	1h	376.51	−0.009%	$1.2M	$6.1M	10x	as long as short
RISEx TSLA/USDC	+0.0054%	1h	376.61	+0.017%	$217K	$618K	20x	as long as short
Hotstuff TSLA-PERP	+0.0064%	1h	376.26	−0.076%	$34K	—	20x	as long as short
Pacifica TSLA	+0.0100%	1h	376.24	−0.081%	$390K	$36K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	376.19	−0.094%	$1.5M	$108K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	376.32	−0.060%	$4K	$62K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	376.26	−0.076%	$41K	$23K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	376.47	−0.020%	$745	—	10x	as long as short
Coinbase International TSLA-PERP-INTX	+0.0112%	1h	376.13	−0.110%	$511K	$337K	10x	as long as short
Lighter TSLA	+0.0128%	1h	376.46	−0.023%	$829K	$3.7M	20x	as long as short
GRVT TSLA_USDT_Perp	+0.0179%	8h	376.61	+0.017%	$855K	$2.8M	10x	as long as short
Bullet TSLA-USD	+0.0185%	1h	376.52	−0.007%	$5K	$90K	10x	as long as short
Deribit TSLA_USDC-PERPETUAL	+0.0202%	1h	376.39	−0.041%	$18K	$193K	10x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	379.54	+0.795%	$79K	$36K	30x	as long as short
Nado TSLA-PERP	+0.0237%	1h	376.29	−0.069%	$488K	$110K	20x	as long as short
Phoenix TSLA	+0.0298%	1h	376.74	+0.052%	$1.3M	$528K	20x	as long as short