TSLA

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0207%/8h= −22.7% APRnext payment −$0.26 per $10,000 · paid last 24h +0.001%

Price spread now: Polymarket Perps against RISEx−0.048%7-day average −0.071% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$22as in the Price arb table

costs, in and out, $10k−$240.243% of the position

Long on RISEx Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.030%+$3 on $10k

Price spread, last 4 days (all we have)−0.105%−$11 · spread now −0.048%, 7d avg −0.071%

Together, before fees−0.076%−$8 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Polymarket Perps is 0.023% dearer against RISEx than usual: you sell high and buy low (spread −0.048% now, against its 7-day average of −0.071%): +$2 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 9 hours.

The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.030% in total (about 2.9% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.26 per $10,000. 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	RISEx TSLA/USDC	376.38	0.0257	pay 0.0032% / 1h	6m 13s	$215K	$655K	20x
Short	Polymarket Perps TSLA-USD	376.20	0.0050	get 0.0006% / 1h	6m 13s	$300K	$303K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps against RISEx. 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 RISExbpFee Polymarket PerpsbpOrdersPrice spread, now −0.048%Rate

Funding earned: −$43.5
Price spread: −0.048% → −0.071%: $2.31
Slippage, 4 orders: −$10.31
Fee RISEx: 3 bp × 2 orders: −$6
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$65.5
Costs to cover: 0.243%
Break-even: never at this rate

Slippage from RISEx: live order book, 32 min ago; Polymarket Perps: live order book, 31 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 RISEx live order book, 32 min ago	1.86 bp	4.9 bp −$5	5.2 bp −$52	doesn't fit	doesn't fit
Sell Polymarket Perps live order book, 31 min ago	1.86 bp	6.1 bp −$6	6.1 bp −$61	7.2 bp −$724	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	−0.0211%	4h	376.69	+0.083%	$398K	$1.0M	10x	as long as short
Bybit TSLAUSDT	0.0000%	8h	376.42	+0.011%	$10.2M	$15.4M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	376.31	−0.019%	$11.2M	$16.9M	25x	as long as short
Gate TSLA_USDT	0.0000%	8h	376.28	−0.027%	$2.3M	$3.5M	100x	as long as short
Bitget TSLAUSDT	0.0000%	8h	376.25	−0.035%	$17.3M	$23.2M	100x	as long as short
StandX TSLA-USD	0.0000%	1h	376.35	−0.008%	$200K	$917K	20x	as long as short
Phemex TSLAUSDT	0.0000%	4h	376.30	−0.021%	$1.1M	$14K	10x	as long as short
Hotstuff TSLA-PERP	+0.0008%	1h	376.14	−0.064%	$34K	—	20x	as long as short
Aster TSLAUSDT	+0.0022%	8h	376.55	+0.046%	$575K	$200K	50x	as long as short
Aftermath Perps TSLAUSD	+0.0032%	1h	376.36	−0.005%	$38K	$36K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH TSLA	+0.0032%	1h	376.25	−0.035%	$1.2M	$2.6M	20x	as long as short
Arcus TSLA-USD	+0.0040%	1h	376.35	−0.008%	$135K	$108K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	376.36	−0.005%	—	$125K	25x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	376.06	−0.085%	$44.6M	$14.9M	20x	as long as short
Polymarket Perps TSLA-USDshort	+0.0050%	1h	376.20	−0.048%	$300K	$303K	10x
SoDEX TSLA-USD	+0.0050%	1h	376.21	−0.045%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	376.04	−0.090%	$1.6M	$1.1M	10x	as long as short
Variational Omni TSLA	+0.0057%	8h	376.66	+0.074%	$1.8M	$1.3M	—	as long as short
QFEX TSLA-USD	+0.0067%	1h	376.20	−0.048%	$1.2M	$6.2M	10x	as long as short
Binance TSLAUSDT	+0.0087%	8h	376.31	−0.019%	$47.1M	$114.6M	25x	as long as short
Extended TSLA_24_5-USD	+0.0088%	1h	376.21	−0.045%	$483K	$2.7M	10x	as long as short
Pacifica TSLA	+0.0100%	1h	376.08	−0.079%	$389K	$36K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	376.18	−0.053%	$1.5M	$1.9M	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	376.33	−0.013%	$4K	$62K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	376.31	−0.019%	$41K	$23K	20x	as long as short
BloFin TSLA-USDT	+0.0100%	8h	376.61	+0.061%	$580K	$356K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	376.26	−0.031%	$745	—	10x	as long as short
Deribit TSLA_USDC-PERPETUAL	+0.0122%	1h	376.17	−0.056%	$18K	$195K	10x	as long as short
Lighter TSLA	+0.0136%	1h	376.25	−0.035%	$819K	$3.7M	20x	as long as short
Coinbase International TSLA-PERP-INTX	+0.0176%	1h	376.72	+0.090%	$509K	$357K	10x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	379.80	+0.909%	$79K	$36K	30x	as long as short
Bullet TSLA-USD	+0.0230%	1h	376.29	−0.023%	$6K	$91K	10x	as long as short
RISEx TSLA/USDClong	+0.0257%	1h	376.38	long leg	$215K	$655K	20x
Nado TSLA-PERP	+0.0282%	1h	376.09	−0.077%	$498K	$116K	20x	as long as short
GRVT TSLA_USDT_Perp	+0.0292%	8h	376.69	+0.082%	$850K	$2.8M	10x	as long as short
Phoenix TSLA	+0.0404%	1h	376.83	+0.120%	$1.3M	$525K	20x	as long as short