Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0035%/8h= −3.8% APRpaid last 24h +0.006%

Price spread now: Polymarket Perps against BloFin−0.066%45s7-day average −0.055% · you buy dearer than you sell

Net, funding: paid 7d − costs−$35as 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−$280.279% of the position

Long on BloFin Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 7 days−0.068%−$7 on $10k

Price spread, last 4 days (all we have)+0.022%+$2 · spread now −0.066%, 7d avg −0.055%

Together, before fees−0.046%−$5 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.055%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate. The two prices were read 45 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	BloFin TSLA-USDT	376.55	0.0085	pay 0.0085% / 8h	2m 12s	$582K	$356K	20x
Short	Polymarket Perps TSLA-USD	376.30	0.0050	get 0.0006% / 1h	2m 12s	$301K	$303K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps against BloFin. 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 BloFinbpFee Polymarket PerpsbpOrdersPrice spread, now −0.066%Rate

Funding earned: −$7.36
Price spread: −0.066% → −0.055%: −$1.1
Slippage, 4 orders: −$7.93
Fee BloFin: 6 bp × 2 orders: −$12
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$36.39
Costs to cover: 0.279%
Break-even: never at this rate

Slippage from BloFin: live order book, 14 min ago; Polymarket Perps: live order book, 35 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 BloFin live order book, 14 min ago	0.40 bp	6.9 bp −$7	12.2 bp −$122	doesn't fit	doesn't fit
Sell Polymarket Perps live order book, 35 min ago	1.86 bp	6.1 bp −$6	6.1 bp −$61	7.2 bp −$724	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	−0.0779%	4h	376.38	−0.046%	$398K	$1.0M	10x	as long as short
Bybit TSLAUSDT	0.0000%	8h	376.49	−0.016%	$10.2M	$15.4M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	376.46	−0.024%	$11.2M	$16.9M	25x	as long as short
Gate TSLA_USDT	0.0000%	8h	376.40	−0.040%	$2.3M	$3.5M	100x	as long as short
Bitget TSLAUSDT	0.0000%	8h	376.52	−0.008%	$17.4M	$23.2M	100x	as long as short
StandX TSLA-USD	0.0000%	1h	376.40	−0.040%	$200K	$917K	20x	as long as short
Phemex TSLAUSDT	0.0000%	4h	376.44	−0.029%	$1.1M	$14K	10x	as long as short
Aster TSLAUSDT	+0.0023%	8h	376.51	−0.009%	$575K	$200K	50x	as long as short
Aftermath Perps TSLAUSD	+0.0032%	1h	376.36	−0.050%	$38K	$36K	10x	as long as short
Lighter RH TSLA	+0.0032%	1h	376.34	−0.056%	$1.2M	$2.6M	20x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Arcus TSLA-USD	+0.0040%	1h	376.29	−0.069%	$135K	$108K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	376.52	−0.008%	—	$125K	25x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	376.27	−0.074%	$44.6M	$14.9M	20x	as long as short
Polymarket Perps TSLA-USDshort	+0.0050%	1h	376.30	−0.066%	$301K	$303K	10x
SoDEX TSLA-USD	+0.0050%	1h	376.29	−0.069%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	376.17	−0.101%	$1.6M	$1.1M	10x	as long as short
Variational Omni TSLA	+0.0059%	8h	376.24	−0.081%	$1.8M	$1.3M	—	as long as short
QFEX TSLA-USD	+0.0067%	1h	376.43	−0.032%	$1.3M	$6.2M	10x	as long as short
BloFin TSLA-USDTlong	+0.0085%	8h	376.55	long leg	$582K	$356K	20x
Binance TSLAUSDT	+0.0088%	8h	376.40	−0.040%	$47.1M	$114.8M	25x	as long as short
Extended TSLA_24_5-USD	+0.0088%	1h	376.33	−0.059%	$483K	$2.7M	10x	as long as short
Deribit TSLA_USDC-PERPETUAL	+0.0096%	1h	376.32	−0.061%	$18K	$196K	10x	as long as short
Pacifica TSLA	+0.0100%	1h	376.30	−0.065%	$390K	$36K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	376.23	−0.085%	$1.5M	$1.9M	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	376.12	−0.114%	$4K	$62K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	376.18	−0.098%	$41K	$23K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	376.41	−0.037%	$745	—	10x	as long as short
Lighter TSLA	+0.0128%	1h	376.32	−0.061%	$817K	$3.7M	20x	as long as short
Coinbase International TSLA-PERP-INTX	+0.0176%	1h	376.72	+0.045%	$509K	$357K	10x	as long as short
Hotstuff TSLA-PERP	+0.0184%	1h	376.31	−0.064%	$34K	—	20x	as long as short
Bullet TSLA-USD	+0.0217%	1h	376.42	−0.035%	$6K	$91K	10x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	379.80	+0.863%	$79K	$36K	30x	as long as short
RISEx TSLA/USDC	+0.0257%	1h	376.53	−0.004%	$215K	$655K	20x	as long as short
Nado TSLA-PERP	+0.0277%	1h	376.24	−0.082%	$498K	$116K	20x	as long as short
GRVT TSLA_USDT_Perp	+0.0293%	8h	376.52	−0.008%	$849K	$2.8M	10x	as long as short
Phoenix TSLA	+0.0404%	1h	376.56	+0.003%	$1.3M	$525K	20x	as long as short