Funding you earn now, next payment 21:00 UTC−0.0329%/8h= −36.0% APRnext payment −$0.41 per $10,000 · paid last 24h −0.021%
Price spread now: Phoenix against Arcus−0.082%49s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and Phoenix is 0.082% cheaper against Arcus than usual: you would sell low and buy high (−$8 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Arcus PLTR-USD | 183.04 | 0.0416 | pay 0.0052% / 1h | 23m 46s | $86K | $47K | 10x |
| Short | Phoenix PLTR | 182.89 | 0.0088 | get 0.0011% / 1h | 23m 46s | $30K | $119K | 10x |
Arcus PLTR-USD
Phoenix PLTRFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix against Arcus. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$69.08
- Price spread: −0.082% → 0.000%
- −$8.19
- Slippage, 4 orders
- no order book: not counted
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- −$88.77
- Costs to cover
- 0.115%
- Break-even
- never at this rate
Slippage unknown: Arcus: no order-book sample; Phoenix: live order book, 57 min ago. Net counts fees only.
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 Arcus no order-book sample | — | — | — | — | — |
| Sell Phoenix live order book, 57 min ago | 2.73 bp | 10.5 bp −$11 | 21.8 bp −$218 | doesn't fit | doesn't fit |
Arcus: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
PLTR on 27 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 | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps PLTR-USD | −0.0101% | 1h | 182.77 | −0.148% | $210K | $675K | 10x | as long as short |
| Aster PLTRUSDT | 0.0000% | 8h | 182.82 | −0.123% | $60K | $37K | 50x | as long as short |
| Extended PLTR_24_5-USD | 0.0000% | 1h | 183.01 | −0.016% | $304K | $1.4M | 10x | as long as short |
| Binance PLTRUSDT | 0.0000% | 8h | 183.05 | +0.004% | $9.3M | $30.1M | 20x | as long as short |
| OKX PLTR-USDT-SWAP | 0.0000% | 8h | 183.14 | +0.055% | $1.7M | $2.2M | 20x | as long as short |
| Gate PLTR_USDT | 0.0000% | 8h | 183.00 | −0.022% | $333K | $710K | 50x | as long as short |
| Bitget PLTRUSDT | 0.0000% | 8h | 182.98 | −0.033% | $3.4M | $3.3M | 20x | as long as short |
| Variational Omni PLTR | 0.0000% | 8h | 183.01 | −0.017% | $636K | $136K | — | as long as short |
| GRVT PLTR_USDT_Perp | 0.0000% | 8h | 183.00 | −0.022% | $16K | $713K | 10x | as long as short |
| Lighter PLTR | +0.0032% | 1h | 182.95 | −0.047% | $190K | $322K | 10x | as long as short |
Polymarket Perps PLTR-USD
Aster PLTRUSDT
Extended PLTR_24_5-USD
Binance PLTRUSDT
OKX PLTR-USDT-SWAP
Gate PLTR_USDT
Bitget PLTRUSDT
Variational Omni PLTR
GRVT PLTR_USDT_Perp
Lighter PLTRShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH PLTR | +0.0032% | 1h | 183.01 | −0.019% | $377K | $620K | 10x | as long as short |
| Injective PLTR/USDC PERP | +0.0033% | 1h | 181.69 | −0.738% | $1K | $42K | 30x | as long as short |
| Vest PLTR-USD-PERP | +0.0046% | 1h | 183.11 | +0.038% | — | $123K | 25x | as long as short |
| tradeXYZ xyz:PLTR | +0.0050% | 1h | 182.89 | −0.082% | $12.1M | $6.9M | 10x | as long as short |
| SoDEX PLTR-USD | +0.0050% | 1h | 183.01 | −0.016% | $52K | $4K | 10x | as long as short |
| Ondo Perps PLTR-USD.P | +0.0050% | 1h | 182.82 | −0.120% | $367K | $1.3M | 10x | as long as short |
| Hotstuff PLTR-PERP | +0.0072% | 1h | 182.89 | −0.082% | $29K | $10K | 20x | as long as short |
| QFEX PLTR-USD | +0.0075% | 1h | 183.03 | −0.005% | $1.2M | $2.5M | 10x | as long as short |
| Phoenix PLTRshort | +0.0088% | 1h | 182.89 | −0.082% | $30K | $119K | 10x | |
| Pacifica PLTR | +0.0100% | 1h | 182.95 | −0.049% | $193K | $13K | 10x | as long as short |
| KuCoin PLTRUSDTM | +0.0100% | 8h | 182.81 | −0.126% | $1.1M | $24K | 20x | as long as short |
| ApeX Omni PLTRUSDT | +0.0100% | 1h | 182.95 | −0.049% | $3K | $8K | 50x | as long as short |
| Aevo PLTR-PERP | +0.0104% | 1h | 182.96 | −0.046% | $90 | — | 10x | as long as short |
| BloFin PLTR-USDT | +0.0120% | 8h | 183.00 | −0.022% | $125K | $188K | 20x | as long as short |
| Bybit PLTRUSDT | +0.0229% | 8h | 183.04 | 0.000% | $3.0M | $2.3M | 25x | as long as short |
| Arcus PLTR-USDlong | +0.0416% | 1h | 183.04 | long leg | $86K | $47K | 10x | |
| edgeX PLTRUSDC | +0.0599% | 4h | 183.01 | −0.019% | $42K | $260K | 10x | as long as short |
Lighter RH PLTR
Injective PLTR/USDC PERP
Vest PLTR-USD-PERP
tradeXYZ xyz:PLTR
SoDEX PLTR-USD
Ondo Perps PLTR-USD.P
Hotstuff PLTR-PERP
QFEX PLTR-USD
Pacifica PLTR
KuCoin PLTRUSDTM
ApeX Omni PLTRUSDT
Aevo PLTR-PERP
BloFin PLTR-USDT
Bybit PLTRUSDT
edgeX PLTRUSDC