Settings8H · net · $10k
Funding arb · Price arb /

PLTR

RWAall PLTR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.006%
Price spread now: BloFin against Bybit+0.043%7-day average −0.029% · you sell dearer than you buy
Net, funding: paid 7d − costs−$30as in the Funding arb table
Net, price: spread back to 7d avg − costs−$43as in the Price arb table
costs, in and out, $10k−$500.501% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.197%+$20 on $10k
Price spread, last 4 days (all we have)−0.027%−$3 · spread now +0.043%, 7d avg −0.029%
Together, before fees+0.170%+$17 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and BloFin is 0.072% dearer against Bybit than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.029%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit PLTRUSDT184.030get 0.0000% / 8h7h 46m$2.9M$2.5M25x
ShortBloFin PLTR-USDT184.110.0120get 0.0120% / 8h7h 46m$127K$277K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Bybit. 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

Funding earned
$25.2
Price spread: +0.043% → −0.029%
$7.25
Slippage, 4 orders
−$27.06
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$17.62
Costs to cover
0.501%
Break-even
11.9 days
Slippage from Bybit: live order book, 5 min ago; BloFin: live order book, 20 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 5 min ago1.63 bp17.5 bp −$1777.7 bp −$777doesn't fitdoesn't fit
Sell BloFin live order book, 20 min ago0.82 bp6.8 bp −$710.3 bp −$10348.1 bp −$4,808doesn't fit

PLTR on 27 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:PLTR−0.0063%1h183.91−0.065%$12.1M$6.6M10xas long as short
Aster PLTRUSDT0.0000%8h184.13+0.055%$61K$44K50xas long as short
Extended PLTR_24_5-USD0.0000%1h184.02−0.004%$307K$850K10xas long as short
Binance PLTRUSDT0.0000%8h184.07+0.022%$9.1M$31.6M20xas long as short
Bybit PLTRUSDTlong0.0000%8h184.03long leg$2.9M$2.5M25x
OKX PLTR-USDT-SWAP0.0000%8h184.12+0.049%$1.8M$2.5M20xas long as short
Gate PLTR_USDT0.0000%8h183.98−0.027%$326K$783K50xas long as short
Bitget PLTRUSDT0.0000%8h184.01−0.011%$3.4M$3.1M20xas long as short
Variational Omni PLTR0.0000%8h184.24+0.114%$741K$222Kas long as short
Hotstuff PLTR-PERP+0.0008%1h183.88−0.082%$29K$10K20xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX PLTR-USD+0.0011%1h184.01−0.011%$1.2M$2.1M10xas long as short
Lighter PLTR+0.0032%1h183.90−0.068%$221K$281K10xas long as short
Lighter RH PLTR+0.0032%1h183.93−0.056%$379K$578K10xas long as short
Injective PLTR/USDC PERP+0.0033%1h181.69−1.272%$1K$42K30xas long as short
Arcus PLTR-USD+0.0040%1h183.97−0.033%$84K$49K10xas long as short
Vest PLTR-USD-PERP+0.0046%1h184.20+0.092%$124K25xas long as short
Polymarket Perps PLTR-USD+0.0050%1h183.90−0.071%$216K$671K10xas long as short
SoDEX PLTR-USD+0.0050%1h184.02−0.005%$52K$3K10xas long as short
Ondo Perps PLTR-USD.P+0.0050%1h183.95−0.043%$334K$1.9M10xas long as short
Phoenix PLTR+0.0087%1h184.14+0.060%$30K$93K10xas long as short
Pacifica PLTR+0.0100%1h184.02−0.006%$194K$16K10xas long as short
KuCoin PLTRUSDTM+0.0100%8h183.96−0.038%$1.0M$91K20xas long as short
ApeX Omni PLTRUSDT+0.0100%1h184.18+0.082%$3K$8K50xas long as short
Aevo PLTR-PERP+0.0104%1h184.02−0.006%$9010xas long as short
BloFin PLTR-USDTshort+0.0120%8h184.11+0.043%$127K$277K20x
GRVT PLTR_USDT_Perp+0.0472%8h184.20+0.092%$15K$521K10xas long as short
edgeX PLTRUSDC+0.0648%4h184.22+0.104%$43K$265K10xas long as short