Funding you earn now, next payment 00:00 UTC−0.0225%/8h= −24.6% APRnext payment −$2.25 per $10,000 · paid last 24h −0.028%
Price spread now: Gate against Bybit−0.087%7-day average −0.030% · you buy dearer than you sell
Net, funding: paid 7d − costs−$172as in the Funding arb table
Net, price: spread back to 7d avg − costs−$175as in the Price arb table
costs, in and out, $10k−$1691.690% of the position
Funding, last 7 days−0.028%−$3 on $10k
+Price spread, last 4 days (all we have)+0.240%+$24 · spread now −0.087%, 7d avg −0.030%
=Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Gate is 0.058% cheaper against Bybit than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.030%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.028% in total (about -1.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.25 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 | Bybit PLTRUSDT | 183.01 | 0.0225 | pay 0.0225% / 8h | 2h 30m | $3.0M | $2.3M | 25x |
| Short | Gate PLTR_USDT | 182.85 | 0 | get 0.0000% / 8h | 2h 30m | $333K | $708K | 50x |
Bybit PLTRUSDT
Gate PLTR_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Bybit. 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
- −$47.26
- Price spread: −0.087% → −0.030%
- −$5.76
- Slippage, 4 orders
- −$142.99
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$222.01
- Costs to cover
- 1.690%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 1 min ago; Gate: live order book, 55 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 Bybit live order book, 1 min ago | 2.19 bp | 13.1 bp −$13 | 68.1 bp −$681 | doesn't fit | doesn't fit |
| Sell Gate live order book, 55 min ago | 6.84 bp | 68.7 bp −$69 | 137.3 bp −$1,373 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps PLTR-USD | −0.0112% | 1h | 182.61 | −0.219% | $210K | $675K | 10x | as long as short |
| Hotstuff PLTR-PERP | −0.0016% | 1h | 182.73 | −0.153% | $29K | $10K | 20x | as long as short |
| Aster PLTRUSDT | 0.0000% | 8h | 182.81 | −0.112% | $60K | $37K | 50x | as long as short |
| Extended PLTR_24_5-USD | 0.0000% | 1h | 182.92 | −0.050% | $304K | $1.4M | 10x | as long as short |
| Binance PLTRUSDT | 0.0000% | 8h | 182.94 | −0.038% | $9.3M | $30.1M | 20x | as long as short |
| OKX PLTR-USDT-SWAP | 0.0000% | 8h | 182.92 | −0.049% | $1.7M | $2.2M | 20x | as long as short |
| Gate PLTR_USDTshort | 0.0000% | 8h | 182.85 | −0.087% | $333K | $708K | 50x | |
| Bitget PLTRUSDT | 0.0000% | 8h | 182.84 | −0.093% | $3.4M | $3.3M | 20x | as long as short |
| Variational Omni PLTR | 0.0000% | 8h | 182.95 | −0.034% | $635K | $136K | — | as long as short |
| GRVT PLTR_USDT_Perp | 0.0000% | 8h | 182.94 | −0.040% | $16K | $713K | 10x | as long as short |
Polymarket Perps PLTR-USD
Hotstuff PLTR-PERP
Aster PLTRUSDT
Extended PLTR_24_5-USD
Binance PLTRUSDT
OKX PLTR-USDT-SWAP
Bitget PLTRUSDT
Variational Omni PLTR
GRVT PLTR_USDT_PerpShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter PLTR | +0.0032% | 1h | 182.68 | −0.180% | $190K | $322K | 10x | as long as short |
| Lighter RH PLTR | +0.0032% | 1h | 182.82 | −0.102% | $377K | $620K | 10x | as long as short |
| Injective PLTR/USDC PERP | +0.0033% | 1h | 181.69 | −0.721% | $1K | $42K | 30x | as long as short |
| Vest PLTR-USD-PERP | +0.0046% | 1h | 182.92 | −0.049% | — | $123K | 25x | as long as short |
| tradeXYZ xyz:PLTR | +0.0050% | 1h | 182.74 | −0.148% | $12.1M | $6.9M | 10x | as long as short |
| SoDEX PLTR-USD | +0.0050% | 1h | 182.85 | −0.087% | $52K | $4K | 10x | as long as short |
| Ondo Perps PLTR-USD.P | +0.0050% | 1h | 182.75 | −0.142% | $366K | $1.3M | 10x | as long as short |
| QFEX PLTR-USD | +0.0075% | 1h | 182.95 | −0.033% | $1.2M | $2.5M | 10x | as long as short |
| Phoenix PLTR | +0.0088% | 1h | 182.82 | −0.104% | $30K | $119K | 10x | as long as short |
| Pacifica PLTR | +0.0100% | 1h | 182.76 | −0.135% | $193K | $13K | 10x | as long as short |
| KuCoin PLTRUSDTM | +0.0100% | 8h | 182.76 | −0.137% | $1.1M | $24K | 20x | as long as short |
| ApeX Omni PLTRUSDT | +0.0100% | 1h | 182.88 | −0.071% | $3K | $8K | 50x | as long as short |
| Aevo PLTR-PERP | +0.0104% | 1h | 182.93 | −0.046% | $90 | — | 10x | as long as short |
| BloFin PLTR-USDT | +0.0120% | 8h | 182.97 | −0.022% | $125K | $187K | 20x | as long as short |
| Bybit PLTRUSDTlong | +0.0225% | 8h | 183.01 | long leg | $3.0M | $2.3M | 25x | |
| Arcus PLTR-USD | +0.0416% | 1h | 182.90 | −0.060% | $86K | $46K | 10x | as long as short |
| edgeX PLTRUSDC | +0.0666% | 4h | 182.95 | −0.030% | $42K | $262K | 10x | as long as short |
Lighter PLTR
Lighter RH PLTR
Injective PLTR/USDC PERP
Vest PLTR-USD-PERP
tradeXYZ xyz:PLTR
SoDEX PLTR-USD
Ondo Perps PLTR-USD.P
QFEX PLTR-USD
Phoenix PLTR
Pacifica PLTR
KuCoin PLTRUSDTM
ApeX Omni PLTRUSDT
Aevo PLTR-PERP
BloFin PLTR-USDT
Arcus PLTR-USD
edgeX PLTRUSDC