Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0090%/8h= −9.9% APRpaid last 24h +0.044%

Price spread now: Gate against Polymarket Perps+0.056%7-day average +0.101% · you sell dearer than you buy

Net, funding: paid 7d − costs−$36as in the Funding arb table

Net, price: spread back to 7d avg − costs−$47as in the Price arb table

costs, in and out, $10k−$420.421% of the position

Long on Polymarket Perps Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days+0.057%+$6 on $10k

Price spread, last 7 days+0.027%+$3 · spread now +0.056%, 7d avg +0.101%

Together, before fees+0.084%+$8 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Gate is 0.046% cheaper against Polymarket Perps than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.101%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.057%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps TSLA-USD	376.09	0.0090	pay 0.0011% / 1h	51m 39s	$298K	$308K	10x
Short	Gate TSLA_USDT	376.30	0	get 0.0000% / 8h	7h 51m	$2.3M	$3.9M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now +0.056%Rate

Funding earned: −$19
Price spread: +0.056% → +0.101%: −$4.55
Slippage, 4 orders: −$19.08
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$65.63
Costs to cover: 0.421%
Break-even: never at this rate

Slippage from Polymarket Perps: live order book, 20 min ago; Gate: live order book, 1 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 Polymarket Perps live order book, 20 min ago	1.07 bp	9.0 bp −$9	9.1 bp −$91	9.8 bp −$984	doesn't fit
Sell Gate live order book, 1 min ago	2.13 bp	11.8 bp −$12	26.3 bp −$263	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 TSLAUSDC	−0.0837%	4h	375.99	−0.027%	$397K	$1.0M	10x	as long as short
BloFin TSLA-USDT	−0.0001%	8h	376.27	+0.048%	$568K	$341K	20x	as long as short
Aster TSLAUSDT	0.0000%	8h	376.17	+0.022%	$585K	$191K	50x	as long as short
Extended TSLA_24_5-USD	0.0000%	1h	376.22	+0.035%	$483K	$10.7M	10x	as long as short
Binance TSLAUSDT	0.0000%	8h	376.22	+0.035%	$47.0M	$109.5M	25x	as long as short
Bybit TSLAUSDT	0.0000%	8h	376.27	+0.048%	$10.2M	$15.4M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	376.14	+0.013%	$11.2M	$16.8M	25x	as long as short
Gate TSLA_USDTshort	0.0000%	8h	376.30	+0.056%	$2.3M	$3.9M	100x
Bitget TSLAUSDT	0.0000%	8h	376.19	+0.027%	$16.8M	$22.5M	100x	as long as short
Variational Omni TSLA	0.0000%	8h	376.11	+0.006%	$1.9M	$1.3M	—	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT TSLA_USDT_Perp	0.0000%	8h	376.11	+0.004%	$849K	$2.8M	10x	as long as short
StandX TSLA-USD	0.0000%	1h	376.28	+0.051%	$200K	$894K	20x	as long as short
Deribit TSLA_USDC-PERPETUAL	0.0000%	1h	376.15	+0.016%	$20K	$186K	10x	as long as short
Phemex TSLAUSDT	0.0000%	4h	376.24	+0.040%	$1.1M	$13K	10x	as long as short
Aftermath Perps TSLAUSD	+0.0009%	1h	375.87	−0.060%	$38K	$47K	10x	as long as short
QFEX TSLA-USD	+0.0028%	1h	376.13	+0.011%	$1.2M	$7.2M	10x	as long as short
Lighter TSLA	+0.0032%	1h	376.17	+0.021%	$654K	$3.3M	20x	as long as short
Lighter RH TSLA	+0.0032%	1h	376.21	+0.032%	$1.2M	$2.5M	20x	as long as short
Arcus TSLA-USD	+0.0040%	1h	375.97	−0.032%	$165K	$91K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	376.25	+0.043%	—	$133K	25x	as long as short
Coinbase International TSLA-PERP-INTX	+0.0048%	1h	375.11	−0.261%	$529K	$318K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	375.88	−0.056%	$1.6M	$1.0M	10x	as long as short
SoDEX TSLA-USD	+0.0067%	1h	376.21	+0.032%	$4K	$3K	10x	as long as short
RISEx TSLA/USDC	+0.0079%	1h	376.31	+0.058%	$291K	$597K	20x	as long as short
Polymarket Perps TSLA-USDlong	+0.0090%	1h	376.09	long leg	$298K	$308K	10x
Pacifica TSLA	+0.0100%	1h	376.03	−0.016%	$389K	$38K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	376.12	+0.008%	$1.5M	$158K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	375.67	−0.112%	$4K	$62K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	376.29	+0.053%	$41K	$21K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	376.17	+0.021%	$745	—	10x	as long as short
Nado TSLA-PERP	+0.0127%	1h	376.08	−0.002%	$491K	$111K	20x	as long as short
tradeXYZ xyz:TSLA	+0.0192%	1h	376.12	+0.008%	$44.3M	$14.3M	20x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	376.75	+0.175%	$78K	$36K	30x	as long as short
Phoenix TSLA	+0.0277%	1h	376.06	−0.008%	$1.3M	$547K	20x	as long as short
Bullet TSLA-USD	+0.0418%	1h	376.31	+0.058%	$5K	$91K	10x	as long as short
Hotstuff TSLA-PERP	+0.0528%	1h	376.00	−0.024%	$34K	—	20x	as long as short