Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 20:00 UTC+0.0050%/8hpaid last 24h +0.012%

Price spread now: Polymarket Perps against OKX−0.053%7-day average −0.088% · you buy dearer than you sell

Net, funding: paid 7d − costs−$21as in the Funding arb table

Net, price: spread back to 7d avg − costs−$24as in the Price arb table

costs, in and out, $10k−$280.280% of the position

Long on OKX Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 7 days+0.069%+$7 on $10k

Price spread, last 7 days−0.022%−$2 · spread now −0.053%, 7d avg −0.088%

Together, before fees+0.047%+$5 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 0.035% dearer against OKX than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.088%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX TSLA-USDT-SWAP	376.67	0	get 0.0000% / 8h	4h 23m	$11.4M	$16.0M	25x
Short	Polymarket Perps TSLA-USD	376.47	0.0050	get 0.0006% / 1h	23m 32s	$298K	$282K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps against OKX. 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 OKXbpFee Polymarket PerpsbpOrdersPrice spread, now −0.053%Rate

Funding earned: $10.5
Price spread: −0.053% → −0.088%: $3.47
Slippage, 4 orders: −$9.97
Fee OKX: 5 bp × 2 orders: −$10
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$14
Costs to cover: 0.280%
Break-even: 16.3 days

Slippage from OKX: live order book, 4 min ago; Polymarket Perps: live order book, 8 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 OKX live order book, 4 min ago	0.13 bp	6.9 bp −$7	9.2 bp −$92	32.0 bp −$3,196	doesn't fit
Sell Polymarket Perps live order book, 8 min ago	2.00 bp	7.8 bp −$8	7.9 bp −$79	8.8 bp −$878	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	−0.0236%	4h	376.54	−0.035%	$397K	$990K	10x	as long as short
Hotstuff TSLA-PERP	−0.0040%	1h	376.49	−0.048%	$34K	—	20x	as long as short
Aster TSLAUSDT	0.0000%	8h	376.45	−0.059%	$596K	$179K	50x	as long as short
Extended TSLA_24_5-USD	0.0000%	1h	376.59	−0.022%	$447K	$10.6M	10x	as long as short
Binance TSLAUSDT	0.0000%	8h	376.66	−0.001%	$47.2M	$105.4M	25x	as long as short
Bybit TSLAUSDT	0.0000%	8h	376.80	+0.035%	$10.3M	$15.3M	100x	as long as short
OKX TSLA-USDT-SWAPlong	0.0000%	8h	376.67	long leg	$11.4M	$16.0M	25x
Gate TSLA_USDT	0.0000%	8h	376.68	+0.003%	$2.3M	$4.1M	100x	as long as short
Bitget TSLAUSDT	0.0000%	8h	376.63	−0.011%	$16.7M	$21.2M	100x	as long as short
Variational Omni TSLA	0.0000%	8h	376.24	−0.113%	$1.7M	$1.1M	—	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	376.72	+0.013%	$200K	$871K	20x	as long as short
Phemex TSLAUSDT	0.0000%	4h	376.57	−0.027%	$1.1M	$13K	10x	as long as short
Deribit TSLA_USDC-PERPETUAL	+0.0016%	1h	376.49	−0.048%	$20K	$184K	10x	as long as short
BloFin TSLA-USDT	+0.0017%	8h	376.54	−0.035%	$540K	$333K	20x	as long as short
Lighter RH TSLA	+0.0032%	1h	376.66	−0.003%	$1.3M	$2.4M	20x	as long as short
QFEX TSLA-USD	+0.0044%	1h	376.59	−0.021%	$1.2M	$6.8M	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	376.65	−0.005%	—	$133K	25x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	376.50	−0.045%	$44.0M	$13.9M	20x	as long as short
Polymarket Perps TSLA-USDshort	+0.0050%	1h	376.47	−0.053%	$298K	$282K	10x
SoDEX TSLA-USD	+0.0050%	1h	376.59	−0.021%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	376.39	−0.074%	$1.6M	$916K	10x	as long as short
RISEx TSLA/USDC	+0.0067%	1h	376.69	+0.005%	$178K	$512K	20x	as long as short
Coinbase International TSLA-PERP-INTX	+0.0072%	1h	375.87	−0.212%	$538K	$281K	10x	as long as short
Nado TSLA-PERP	+0.0075%	1h	376.45	−0.059%	$487K	$88K	20x	as long as short
Bullet TSLA-USD	+0.0084%	1h	376.66	−0.003%	$6K	$90K	10x	as long as short
Pacifica TSLA	+0.0100%	1h	376.43	−0.064%	$390K	$26K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	376.45	−0.058%	$1.4M	$147K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	376.43	−0.064%	$4K	$61K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	376.71	+0.011%	$41K	$20K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	376.64	−0.009%	$746	—	10x	as long as short
Aftermath Perps TSLAUSD	+0.0114%	1h	375.86	−0.216%	$38K	$51K	10x	as long as short
GRVT TSLA_USDT_Perp	+0.0204%	8h	376.76	+0.024%	$844K	$3.1M	10x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	376.76	+0.024%	$78K	$36K	30x	as long as short
Lighter TSLA	+0.0224%	1h	376.77	+0.027%	$1.1M	$3.9M	20x	as long as short
Phoenix TSLA	+0.0298%	1h	377.00	+0.088%	$1.3M	$213K	20x	as long as short
Arcus TSLA-USD	+0.0364%	1h	376.59	−0.021%	$154K	$85K	10x	as long as short