Settings8H · net · $10k
Funding arb · Price arb /

TSLA

RWAall TSLA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0086%/8h= +9.4% APRnext payment +$0.11 per $10,000 · paid last 24h +0.010%
Price spread now: Coinbase International against Polymarket Perps+0.162%47s7-day average −0.051% · you sell dearer than you buy
Net, funding: paid 7d − costs−$25as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$310.312% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.062%+$6 on $10k
Price spread, last 4 days (all we have)−0.180%−$18 · spread now +0.162%, 7d avg −0.051%
Together, before fees−0.118%−$12 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Coinbase International is 0.213% dearer against Polymarket Perps than usual: you sell high and buy low: +$21 more if the spread goes back to its 7-day average of −0.051%. The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps TSLA-USD375.720.0050pay 0.0006% / 1h43m 28s$300K$307K10x
ShortCoinbase International TSLA-PERP-INTX376.330.0136get 0.0017% / 1h43m 28s$506K$349K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International 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

Funding earned
$18.06
Price spread: +0.162% → −0.051%
$21.31
Slippage, 4 orders
−$13.2
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
$8.17
Costs to cover
0.312%
Break-even
3.8 days
Slippage from Polymarket Perps: live order book, 64 min ago; Coinbase International: live order book, 65 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Polymarket Perps live order book, 64 min ago1.86 bp7.7 bp −$87.7 bp −$779.4 bp −$944doesn't fit
Sell Coinbase International live order book, 65 min ago2.92 bp9.1 bp −$910.5 bp −$105doesn't fitdoesn't fit

TSLA on 36 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX TSLAUSDC−0.0459%4h376.21+0.129%$398K$1.0M10xas long as short
BloFin TSLA-USDT0.0000%8h376.23+0.136%$578K$355K20xas long as short
Aster TSLAUSDT0.0000%8h376.05+0.087%$574K$199K50xas long as short
Extended TSLA_24_5-USD0.0000%1h375.76+0.010%$479K$2.7M10xas long as short
Binance TSLAUSDT0.0000%8h375.87+0.040%$47.2M$113.5M25xas long as short
Bybit TSLAUSDT0.0000%8h375.720.000%$10.2M$15.4M100xas long as short
OKX TSLA-USDT-SWAP0.0000%8h375.82+0.027%$11.2M$16.9M25xas long as short
Bitget TSLAUSDT0.0000%8h375.77+0.013%$17.1M$22.9M100xas long as short
Variational Omni TSLA0.0000%8h376.24+0.138%$1.9M$1.3Mas long as short
StandX TSLA-USD0.0000%1h376.18+0.122%$200K$918K20xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex TSLAUSDT0.0000%4h376.12+0.106%$1.1M$14K10xas long as short
Gate TSLA_USDT+0.0003%8h375.84+0.032%$2.3M$3.5M100xas long as short
Aftermath Perps TSLAUSD+0.0024%1h375.89+0.046%$38K$39K10xas long as short
Lighter RH TSLA+0.0032%1h375.78+0.016%$1.3M$2.5M20xas long as short
Arcus TSLA-USD+0.0040%1h375.97+0.067%$135K$108K10xas long as short
Vest TSLA-USD-PERP+0.0046%1h375.80+0.021%$125K25xas long as short
tradeXYZ xyz:TSLA+0.0050%1h375.58−0.037%$44.5M$14.8M20xas long as short
Polymarket Perps TSLA-USDlong+0.0050%1h375.72long leg$300K$307K10x
SoDEX TSLA-USD+0.0050%1h376.04+0.085%$4K$3K10xas long as short
Ondo Perps TSLA-USD.P+0.0050%1h375.78+0.016%$1.6M$1.1M10xas long as short
QFEX TSLA-USD+0.0052%1h375.81+0.024%$1.2M$6.2M10xas long as short
Hotstuff TSLA-PERP+0.0056%1h375.52−0.053%$34K20xas long as short
Pacifica TSLA+0.0100%1h375.60−0.031%$389K$36K10xas long as short
KuCoin TSLAUSDTM+0.0100%8h375.64−0.021%$1.5M$107K20xas long as short
ApeX Omni TSLAUSDT+0.0100%1h375.89+0.045%$4K$61K50xas long as short
Orderly PERP_TSLA_USDC+0.0100%8h375.85+0.035%$41K$23K20xas long as short
Aevo TSLA-PERP+0.0104%1h376.08+0.097%$74510xas long as short
Coinbase International TSLA-PERP-INTXshort+0.0136%1h376.33+0.162%$506K$349K10x
RISEx TSLA/USDC+0.0138%1h375.84+0.032%$214K$642K20xas long as short
Lighter TSLA+0.0152%1h375.76+0.011%$821K$3.7M20xas long as short
GRVT TSLA_USDT_Perp+0.0197%8h376.32+0.159%$851K$2.8M10xas long as short
Deribit TSLA_USDC-PERPETUAL+0.0202%1h375.90+0.048%$18K$194K10xas long as short
Bullet TSLA-USD+0.0210%1h375.86+0.037%$5K$91K10xas long as short
Injective TSLA/USDC PERP+0.0220%1h377.82+0.559%$79K$36K30xas long as short
Nado TSLA-PERP+0.0305%1h375.81+0.025%$488K$111K20xas long as short
Phoenix TSLA+0.0318%1h376.30+0.154%$1.3M$528K20xas long as short