Funding you earn now, next payment 09:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h −0.038%
Price spread now: Polymarket Perps against Binance−0.132%7-day average −0.104% · you buy dearer than you sell
Net, funding: paid 7d − costs−$44as in the Funding arb table
Net, price: spread back to 7d avg − costs−$42as in the Price arb table
costs, in and out, $10k−$390.390% of the position
Funding, last 7 days−0.055%−$5 on $10k
+Price spread, last 4 days (all we have)−0.052%−$5 · spread now −0.132%, 7d avg −0.104%
=Funding pays, the price is against you. Polymarket Perps is 0.027% cheaper against Binance than usual: you would sell low and buy high (spread −0.132% now, against its 7-day average of −0.104%). If the spread goes back, that is −$3 on $10k: about 44 hours of funding at the current rate (+$2 a day). Mind the row above: over the last 7 days funding on this pair cost −0.055%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance PLTRUSDT | 184.25 | 0 | get 0.0000% / 8h | 7h 07m | $9.2M | $31.7M | 20x |
| Short | Polymarket Perps PLTR-USD | 184.01 | 0.0050 | get 0.0006% / 1h | 7m 58s | $216K | $659K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against Binance. 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
- $10.5
- Price spread: −0.132% → −0.104%
- −$2.75
- Slippage, 4 orders
- −$20.96
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$31.21
- Costs to cover
- 0.390%
- Break-even
- 27.8 days
Slippage from Binance: live order book, 4 min ago; Polymarket Perps: 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 Binance live order book, 4 min ago | 0.81 bp | 8.3 bp −$8 | 19.3 bp −$193 | 78.6 bp −$7,857 | doesn't fit |
| Sell Polymarket Perps live order book, just now | 2.99 bp | 11.8 bp −$12 | 12.8 bp −$128 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Aster PLTRUSDT | 0.0000% | 8h | 184.16 | −0.051% | $61K | $44K | 50x | as long as short |
| Extended PLTR_24_5-USD | 0.0000% | 1h | 184.19 | −0.034% | $305K | $852K | 10x | as long as short |
| Binance PLTRUSDTlong | 0.0000% | 8h | 184.25 | long leg | $9.2M | $31.7M | 20x | |
| Bybit PLTRUSDT | 0.0000% | 8h | 184.21 | −0.023% | $2.9M | $2.5M | 25x | as long as short |
| OKX PLTR-USDT-SWAP | 0.0000% | 8h | 184.30 | +0.025% | $1.8M | $2.5M | 20x | as long as short |
| Gate PLTR_USDT | 0.0000% | 8h | 184.21 | −0.023% | $326K | $803K | 50x | as long as short |
| Bitget PLTRUSDT | 0.0000% | 8h | 184.20 | −0.029% | $3.4M | $3.1M | 20x | as long as short |
| Variational Omni PLTR | 0.0000% | 8h | 184.22 | −0.018% | $742K | $223K | — | as long as short |
| GRVT PLTR_USDT_Perp | 0.0000% | 8h | 184.20 | −0.028% | $15K | $522K | 10x | as long as short |
| QFEX PLTR-USD | +0.0011% | 1h | 184.22 | −0.018% | $1.2M | $2.1M | 10x | as long as short |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter PLTR | +0.0032% | 1h | 184.08 | −0.095% | $210K | $297K | 10x | as long as short |
| Lighter RH PLTR | +0.0032% | 1h | 184.14 | −0.062% | $377K | $587K | 10x | as long as short |
| Injective PLTR/USDC PERP | +0.0033% | 1h | 181.69 | −1.391% | $1K | $42K | 30x | as long as short |
| Arcus PLTR-USD | +0.0040% | 1h | 184.17 | −0.045% | $85K | $49K | 10x | as long as short |
| Vest PLTR-USD-PERP | +0.0046% | 1h | 184.44 | +0.101% | — | $124K | 25x | as long as short |
| tradeXYZ xyz:PLTR | +0.0050% | 1h | 184.03 | −0.121% | $12.1M | $5.9M | 10x | as long as short |
| Polymarket Perps PLTR-USDshort | +0.0050% | 1h | 184.01 | −0.132% | $216K | $659K | 10x | |
| SoDEX PLTR-USD | +0.0050% | 1h | 184.16 | −0.051% | $52K | $3K | 10x | as long as short |
| Ondo Perps PLTR-USD.P | +0.0050% | 1h | 184.19 | −0.034% | $334K | $2.0M | 10x | as long as short |
| Phoenix PLTR | +0.0087% | 1h | 184.04 | −0.116% | $30K | $93K | 10x | as long as short |
| Pacifica PLTR | +0.0100% | 1h | 184.19 | −0.036% | $194K | $16K | 10x | as long as short |
| KuCoin PLTRUSDTM | +0.0100% | 8h | 184.04 | −0.116% | $1.0M | $126K | 20x | as long as short |
| ApeX Omni PLTRUSDT | +0.0100% | 1h | 184.02 | −0.127% | $3K | $8K | 50x | as long as short |
| Aevo PLTR-PERP | +0.0104% | 1h | 184.20 | −0.031% | $90 | — | 10x | as long as short |
| BloFin PLTR-USDT | +0.0120% | 8h | 184.28 | +0.015% | $127K | $271K | 20x | as long as short |
| Hotstuff PLTR-PERP | +0.0136% | 1h | 184.06 | −0.105% | $29K | $10K | 20x | as long as short |
| edgeX PLTRUSDC | +0.0669% | 4h | 184.22 | −0.017% | $43K | $265K | 10x | as long as short |
Binance PLTRUSDT
Polymarket Perps PLTR-USD
Aster PLTRUSDT
Extended PLTR_24_5-USD
Bybit PLTRUSDT
OKX PLTR-USDT-SWAP
Gate PLTR_USDT
Bitget PLTRUSDT
Variational Omni PLTR
GRVT PLTR_USDT_Perp
Lighter PLTR
Lighter RH PLTR
Injective PLTR/USDC PERP
tradeXYZ xyz:PLTR
SoDEX PLTR-USD
Phoenix PLTR
Pacifica PLTR
KuCoin PLTRUSDTM
ApeX Omni PLTRUSDT
BloFin PLTR-USDT
edgeX PLTRUSDC