Funding arb · Price arb /

TSLA

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0666%/8h= +72.9% APRpaid last 24h +0.210%

Price spread now: Polymarket Perps against edgeX−0.028%7-day average −0.049% · you buy dearer than you sell

Net, funding: paid 7d − costs−$17as in the Funding arb table

Net, price: spread back to 7d avg − costs−$30as in the Price arb table

costs, in and out, $10k−$320.322% of the position

Long on edgeX Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 7 days+0.154%+$15 on $10k

Price spread, last 7 days−0.019%−$2 · spread now −0.028%, 7d avg −0.049%

Together, before fees+0.135%+ Points / potential airdropedgeX: Active · farm board+$13 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$20 a day on $10k at the current rate, and Polymarket Perps is 0.021% dearer against edgeX than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.049%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.154% in total (about 8.0% 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	edgeX TSLAUSDC	375.72	−0.0616	get 0.0308% / 4h	2h 26m	$397K	$1.0M	10x
Short	Polymarket Perps TSLA-USD	375.62	0.0050	get 0.0006% / 1h	26m 40s	$300K	$307K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps against edgeX. 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 edgeXbpFee Polymarket PerpsbpOrdersPrice spread, now −0.028%Rate

Funding earned: $139.76
Price spread: −0.028% → −0.049%: $2.09
Slippage, 4 orders: −$15.16
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: $109.68
Costs to cover: 0.322%
Break-even: 1.5 days

Slippage from edgeX: live order book, 2 min ago; Polymarket Perps: live order book, 20 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 edgeX live order book, 2 min ago	4.26 bp	9.0 bp −$9	11.9 bp −$119	doesn't fit	doesn't fit
Sell Polymarket Perps live order book, 20 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 TSLAUSDClong	−0.0616%	4h	375.72	long leg	$397K	$1.0M	10x
BloFin TSLA-USDT	−0.0003%	8h	375.76	+0.009%	$576K	$353K	20x	as long as short
Aster TSLAUSDT	0.0000%	8h	375.82	+0.026%	$575K	$198K	50x	as long as short
Extended TSLA_24_5-USD	0.0000%	1h	375.66	−0.018%	$479K	$2.7M	10x	as long as short
Binance TSLAUSDT	0.0000%	8h	375.76	+0.009%	$47.0M	$112.8M	25x	as long as short
Bybit TSLAUSDT	0.0000%	8h	375.71	−0.004%	$10.2M	$15.4M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	375.73	+0.001%	$11.2M	$16.9M	25x	as long as short
Bitget TSLAUSDT	0.0000%	8h	375.70	−0.007%	$17.1M	$22.7M	100x	as long as short
Variational Omni TSLA	0.0000%	8h	375.75	+0.006%	$1.9M	$1.3M	—	as long as short
StandX TSLA-USD	0.0000%	1h	375.75	+0.007%	$199K	$917K	20x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit TSLA_USDC-PERPETUAL	0.0000%	1h	375.63	−0.025%	$18K	$193K	10x	as long as short
Phemex TSLAUSDT	0.0000%	4h	375.76	+0.009%	$1.1M	$14K	10x	as long as short
Gate TSLA_USDT	+0.0007%	8h	375.77	+0.012%	$2.3M	$3.5M	100x	as long as short
Aftermath Perps TSLAUSD	+0.0022%	1h	375.57	−0.041%	$38K	$39K	10x	as long as short
Lighter RH TSLA	+0.0032%	1h	375.71	−0.004%	$1.2M	$2.6M	20x	as long as short
Arcus TSLA-USD	+0.0040%	1h	375.48	−0.065%	$134K	$107K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	375.70	−0.007%	—	$128K	25x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	375.48	−0.065%	$44.4M	$14.8M	20x	as long as short
Polymarket Perps TSLA-USDshort	+0.0050%	1h	375.62	−0.028%	$300K	$307K	10x
SoDEX TSLA-USD	+0.0050%	1h	375.67	−0.015%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	375.39	−0.089%	$1.6M	$1.1M	10x	as long as short
QFEX TSLA-USD	+0.0052%	1h	375.70	−0.007%	$1.2M	$6.2M	10x	as long as short
RISEx TSLA/USDC	+0.0054%	1h	375.84	+0.031%	$217K	$618K	20x	as long as short
Hotstuff TSLA-PERP	+0.0088%	1h	375.45	−0.073%	$34K	—	20x	as long as short
Pacifica TSLA	+0.0100%	1h	375.65	−0.020%	$389K	$37K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	375.62	−0.028%	$1.5M	$108K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	375.53	−0.052%	$4K	$62K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	375.76	+0.009%	$41K	$23K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	375.68	−0.013%	$744	—	10x	as long as short
Coinbase International TSLA-PERP-INTX	+0.0112%	1h	376.13	+0.108%	$511K	$337K	10x	as long as short
Lighter TSLA	+0.0120%	1h	375.73	+0.001%	$829K	$3.7M	20x	as long as short
GRVT TSLA_USDT_Perp	+0.0161%	8h	375.74	+0.004%	$852K	$2.8M	10x	as long as short
Bullet TSLA-USD	+0.0167%	1h	375.72	−0.001%	$4K	$89K	10x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	379.71	+1.061%	$79K	$36K	30x	as long as short
Nado TSLA-PERP	+0.0255%	1h	375.60	−0.034%	$487K	$113K	20x	as long as short
Phoenix TSLA	+0.0298%	1h	375.88	+0.041%	$1.3M	$528K	20x	as long as short