Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0510%/8h= −55.8% APRpaid last 24h −0.210%

Price spread now: edgeX against Polymarket Perps−0.022%7-day average +0.049% · you buy dearer than you sell

Net, funding: paid 7d − costs−$48as in the Funding arb table

Net, price: spread back to 7d avg − costs−$39as in the Price arb table

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

Long on Polymarket Perps Short on edgeX

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+0.069%+$7 · spread now −0.022%, 7d avg +0.049%

Together, before fees−0.085%+ Points / potential airdropedgeX: Active · farm board−$8 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$15 a day on $10k at the current rate, and edgeX is 0.071% cheaper against Polymarket Perps than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of +0.049%). Swap the legs.

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	Polymarket Perps TSLA-USD	375.74	0.0050	pay 0.0006% / 1h	23m 25s	$300K	$307K	10x
Short	edgeX TSLAUSDC	375.66	−0.0460	pay 0.0230% / 4h	2h 23m	$397K	$1.0M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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

Position, each leg$Hold fordaysFee Polymarket PerpsbpFee edgeXbpOrdersPrice spread, now −0.022%Rate

Funding earned: −$107.07
Price spread: −0.022% → +0.049%: −$7.05
Slippage, 4 orders: −$15.21
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$146.34
Costs to cover: 0.322%
Break-even: never at this rate

Slippage from Polymarket Perps: live order book, 24 min ago; edgeX: live order book, just now.

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 Polymarket Perps live order book, 24 min ago	1.86 bp	7.7 bp −$8	7.7 bp −$77	9.4 bp −$944	doesn't fit
Sell edgeX live order book, just now	4.26 bp	9.0 bp −$9	12.0 bp −$120	doesn't fit	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 TSLAUSDCshort	−0.0460%	4h	375.66	−0.022%	$397K	$1.0M	10x
BloFin TSLA-USDT	−0.0024%	8h	375.86	+0.032%	$575K	$354K	20x	as long as short
Aster TSLAUSDT	0.0000%	8h	375.89	+0.039%	$575K	$198K	50x	as long as short
Extended TSLA_24_5-USD	0.0000%	1h	375.79	+0.015%	$479K	$2.7M	10x	as long as short
Binance TSLAUSDT	0.0000%	8h	375.88	+0.037%	$47.0M	$112.8M	25x	as long as short
Bybit TSLAUSDT	0.0000%	8h	375.84	+0.027%	$10.2M	$15.4M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	375.82	+0.021%	$11.2M	$16.9M	25x	as long as short
Bitget TSLAUSDT	0.0000%	8h	375.84	+0.027%	$17.1M	$22.7M	100x	as long as short
Variational Omni TSLA	0.0000%	8h	375.75	+0.003%	$1.9M	$1.3M	—	as long as short
StandX TSLA-USD	0.0000%	1h	375.93	+0.051%	$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
Phemex TSLAUSDT	0.0000%	4h	375.85	+0.029%	$1.1M	$14K	10x	as long as short
Gate TSLA_USDT	+0.0002%	8h	375.91	+0.045%	$2.3M	$3.5M	100x	as long as short
Aftermath Perps TSLAUSD	+0.0020%	1h	375.57	−0.046%	$38K	$39K	10x	as long as short
Lighter RH TSLA	+0.0032%	1h	375.83	+0.024%	$1.2M	$2.6M	20x	as long as short
Arcus TSLA-USD	+0.0040%	1h	375.54	−0.053%	$134K	$107K	10x	as long as short
Deribit TSLA_USDC-PERPETUAL	+0.0043%	1h	375.82	+0.021%	$18K	$193K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	375.89	+0.040%	—	$128K	25x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	375.62	−0.032%	$44.5M	$14.7M	20x	as long as short
Polymarket Perps TSLA-USDlong	+0.0050%	1h	375.74	long leg	$300K	$307K	10x
SoDEX TSLA-USD	+0.0050%	1h	375.83	+0.024%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	375.59	−0.040%	$1.6M	$1.1M	10x	as long as short
QFEX TSLA-USD	+0.0052%	1h	375.88	+0.037%	$1.2M	$6.2M	10x	as long as short
RISEx TSLA/USDC	+0.0054%	1h	375.94	+0.052%	$217K	$618K	20x	as long as short
Hotstuff TSLA-PERP	+0.0088%	1h	375.67	−0.019%	$34K	—	20x	as long as short
Pacifica TSLA	+0.0100%	1h	375.77	+0.007%	$390K	$37K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	375.70	−0.011%	$1.5M	$108K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	375.56	−0.048%	$4K	$62K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	375.69	−0.013%	$41K	$23K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	375.84	+0.028%	$744	—	10x	as long as short
Lighter TSLA	+0.0112%	1h	375.85	+0.029%	$829K	$3.7M	20x	as long as short
Coinbase International TSLA-PERP-INTX	+0.0112%	1h	376.13	+0.104%	$511K	$337K	10x	as long as short
GRVT TSLA_USDT_Perp	+0.0160%	8h	375.92	+0.048%	$842K	$2.8M	10x	as long as short
Bullet TSLA-USD	+0.0161%	1h	375.91	+0.045%	$4K	$89K	10x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	379.54	+1.011%	$79K	$36K	30x	as long as short
Nado TSLA-PERP	+0.0240%	1h	375.71	−0.009%	$488K	$113K	20x	as long as short
Phoenix TSLA	+0.0298%	1h	375.92	+0.048%	$1.3M	$528K	20x	as long as short