Funding arb · Price arb /

PLTR

RWAall PLTR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0094%/8h= −10.3% APRpaid last 24h −0.029%

Price spread now: QFEX against BloFin+0.033%7-day average −0.010% · you sell dearer than you buy

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

Net, price: spread back to 7d avg − costs−$27as in the Price arb table

costs, in and out, $10k−$320.318% of the position

Long on BloFin Short on QFEX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.126%−$13 on $10k

Price spread, last 4 days (all we have)−0.123%−$12 · spread now +0.033%, 7d avg −0.010%

Together, before fees−0.249%−$25 on $10k · with fees, hour by hour

The price spread pays, funding is against you. QFEX is 0.043% dearer against BloFin than usual: you sell high and buy low (spread +0.033% now, against its 7-day average of −0.010%): +$4 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 37 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin PLTR-USDT	182.75	0.0120	pay 0.0120% / 8h	5h 10m	$124K	$238K	20x
Short	QFEX PLTR-USD	182.81	0.0026	get 0.0003% / 1h	10m 22s	$1.2M	$2.3M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

QFEX against BloFin. 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 BloFinbpFee QFEXbpOrdersPrice spread, now +0.033%Rate

Funding earned: −$19.81
Price spread: +0.033% → −0.010%: $4.31
Slippage, 4 orders: −$9.75
Fee BloFin: 6 bp × 2 orders: −$12
Fee QFEX: 5 bp × 2 orders: −$10
Net: −$47.25
Costs to cover: 0.318%
Break-even: never at this rate

Slippage from BloFin: live order book, 28 min ago; QFEX: live order book, 2 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 BloFin live order book, 28 min ago	0.55 bp	9.1 bp −$9	14.1 bp −$141	doesn't fit	doesn't fit
Sell QFEX live order book, 2 min ago	1.64 bp	6.9 bp −$7	8.9 bp −$89	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
tradeXYZ xyz:PLTR	−0.0068%	1h	182.62	−0.071%	$12.0M	$6.2M	10x	as long as short
Polymarket Perps PLTR-USD	−0.0039%	1h	182.56	−0.104%	$214K	$677K	10x	as long as short
Aster PLTRUSDT	0.0000%	8h	183.07	+0.177%	$61K	$44K	50x	as long as short
Extended PLTR_24_5-USD	0.0000%	1h	182.79	+0.022%	$303K	$1.4M	10x	as long as short
Binance PLTRUSDT	0.0000%	8h	182.83	+0.043%	$9.0M	$30.3M	20x	as long as short
Bybit PLTRUSDT	0.0000%	8h	182.75	0.000%	$3.0M	$2.4M	25x	as long as short
OKX PLTR-USDT-SWAP	0.0000%	8h	182.89	+0.077%	$1.7M	$2.3M	20x	as long as short
Gate PLTR_USDT	0.0000%	8h	182.73	−0.011%	$332K	$731K	50x	as long as short
Bitget PLTRUSDT	0.0000%	8h	182.70	−0.027%	$3.4M	$3.0M	20x	as long as short
Variational Omni PLTR	0.0000%	8h	182.78	+0.019%	$738K	$220K	—	as long as short

Show all 27 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT PLTR_USDT_Perp	0.0000%	8h	182.76	+0.004%	$15K	$670K	10x	as long as short
QFEX PLTR-USDshort	+0.0026%	1h	182.81	+0.033%	$1.2M	$2.3M	10x
Lighter PLTR	+0.0032%	1h	182.66	−0.049%	$184K	$255K	10x	as long as short
Lighter RH PLTR	+0.0032%	1h	182.70	−0.028%	$366K	$598K	10x	as long as short
Injective PLTR/USDC PERP	+0.0033%	1h	181.69	−0.580%	$1K	$42K	30x	as long as short
Arcus PLTR-USD	+0.0040%	1h	182.70	−0.027%	$86K	$47K	10x	as long as short
Phoenix PLTR	+0.0044%	1h	182.67	−0.044%	$30K	$93K	10x	as long as short
Vest PLTR-USD-PERP	+0.0046%	1h	182.83	+0.044%	—	$124K	25x	as long as short
SoDEX PLTR-USD	+0.0050%	1h	182.77	+0.011%	$52K	$3K	10x	as long as short
Ondo Perps PLTR-USD.P	+0.0050%	1h	182.67	−0.044%	$384K	$1.7M	10x	as long as short
Hotstuff PLTR-PERP	+0.0064%	1h	182.59	−0.088%	$29K	$10K	20x	as long as short
Pacifica PLTR	+0.0100%	1h	182.68	−0.038%	$192K	$15K	10x	as long as short
KuCoin PLTRUSDTM	+0.0100%	8h	182.61	−0.077%	$1.1M	$30K	20x	as long as short
ApeX Omni PLTRUSDT	+0.0100%	1h	182.65	−0.055%	$3K	$8K	50x	as long as short
Aevo PLTR-PERP	+0.0104%	1h	182.75	+0.001%	$90	—	10x	as long as short
BloFin PLTR-USDTlong	+0.0120%	8h	182.75	long leg	$124K	$238K	20x
edgeX PLTRUSDC	+0.0296%	4h	182.72	−0.015%	$42K	$262K	10x	as long as short