Funding you earn now, next payment 00:00 UTC−0.0235%/8h= −25.7% APRpaid last 24h −0.021%
Price spread now: QFEX against Bybit−0.044%7-day average −0.065% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$43as in the Price arb table
costs, in and out, $10k−$450.450% of the position
Funding, last 3 days (all we have)−0.022%−$2 on $10k
+Price spread, last 7 days+0.021%+$2 · spread now −0.044%, 7d avg −0.065%
=The price spread pays, funding is against you. QFEX is 0.021% dearer against Bybit than usual: you sell high and buy low (spread −0.044% now, against its 7-day average of −0.065%): +$2 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 7 hours. At the pace of the last 3 days (−0.022% in total) that is about 3.4 days.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.022% in total (about -2.3% a year). A funding rate is set anew for every payment. 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 | 183.11 | 0.0315 | pay 0.0315% / 8h | 42m 46s | $3.0M | $2.3M | 25x |
| Short | QFEX PLTR-USD | 183.03 | 0.0080 | get 0.0010% / 1h | 42m 46s | $1.2M | $2.6M | 10x |
Bybit PLTRUSDT
QFEX PLTR-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX 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
- −$49.27
- Price spread: −0.044% → −0.065%
- $2.14
- Slippage, 4 orders
- −$24.02
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$92.15
- Costs to cover
- 0.450%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 5 min ago; QFEX: live order book, 5 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, 5 min ago | 0.55 bp | 13.8 bp −$14 | 92.5 bp −$925 | doesn't fit | doesn't fit |
| Sell QFEX live order book, 5 min ago | 1.64 bp | 6.7 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster PLTRUSDT | 0.0000% | 8h | 182.91 | −0.111% | $60K | $37K | 50x | as long as short |
| OKX PLTR-USDT-SWAP | 0.0000% | 8h | 183.05 | −0.033% | $1.8M | $2.2M | 20x | as long as short |
| Gate PLTR_USDT | 0.0000% | 8h | 182.91 | −0.109% | $333K | $707K | 50x | as long as short |
| Bitget PLTRUSDT | 0.0000% | 8h | 182.97 | −0.076% | $3.4M | $3.3M | 20x | as long as short |
| Variational Omni PLTR | 0.0000% | 8h | 183.05 | −0.032% | $735K | $235K | — | as long as short |
| GRVT PLTR_USDT_Perp | 0.0000% | 8h | 183.05 | −0.031% | $16K | $692K | 10x | as long as short |
| Binance PLTRUSDT | +0.0012% | 8h | 183.09 | −0.011% | $9.3M | $30.3M | 20x | as long as short |
| tradeXYZ xyz:PLTR | +0.0014% | 1h | 182.86 | −0.137% | $12.0M | $6.6M | 10x | as long as short |
| Extended PLTR_24_5-USD | +0.0016% | 1h | 183.06 | −0.029% | $303K | $1.4M | 10x | as long as short |
| Lighter PLTR | +0.0032% | 1h | 182.91 | −0.108% | $184K | $298K | 10x | as long as short |
Aster PLTRUSDT
OKX PLTR-USDT-SWAP
Gate PLTR_USDT
Bitget PLTRUSDT
Variational Omni PLTR
GRVT PLTR_USDT_Perp
Binance PLTRUSDT
tradeXYZ xyz:PLTR
Extended PLTR_24_5-USD
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 | 182.93 | −0.098% | $364K | $623K | 10x | as long as short |
| Injective PLTR/USDC PERP | +0.0033% | 1h | 181.69 | −0.775% | $1K | $42K | 30x | as long as short |
| Polymarket Perps PLTR-USD | +0.0038% | 1h | 182.80 | −0.169% | $210K | $673K | 10x | as long as short |
| Vest PLTR-USD-PERP | +0.0046% | 1h | 183.01 | −0.055% | — | $124K | 25x | as long as short |
| BloFin PLTR-USDT | +0.0050% | 8h | 183.07 | −0.022% | $125K | $185K | 20x | as long as short |
| SoDEX PLTR-USD | +0.0050% | 1h | 183.02 | −0.049% | $52K | $4K | 10x | as long as short |
| Ondo Perps PLTR-USD.P | +0.0050% | 1h | 182.93 | −0.098% | $454K | $1.5M | 10x | as long as short |
| QFEX PLTR-USDshort | +0.0080% | 1h | 183.03 | −0.044% | $1.2M | $2.6M | 10x | |
| Pacifica PLTR | +0.0100% | 1h | 182.93 | −0.101% | $193K | $13K | 10x | as long as short |
| KuCoin PLTRUSDTM | +0.0100% | 8h | 182.97 | −0.076% | $1.1M | $25K | 20x | as long as short |
| ApeX Omni PLTRUSDT | +0.0100% | 1h | 182.94 | −0.093% | $3K | $8K | 50x | as long as short |
| Aevo PLTR-PERP | +0.0104% | 1h | 183.05 | −0.035% | $90 | — | 10x | as long as short |
| Hotstuff PLTR-PERP | +0.0128% | 1h | 182.89 | −0.120% | $29K | $10K | 20x | as long as short |
| Phoenix PLTR | +0.0131% | 1h | 182.96 | −0.082% | $30K | $119K | 10x | as long as short |
| Bybit PLTRUSDTlong | +0.0315% | 8h | 183.11 | long leg | $3.0M | $2.3M | 25x | |
| Arcus PLTR-USD | +0.0583% | 1h | 183.04 | −0.038% | $86K | $47K | 10x | as long as short |
| edgeX PLTRUSDC | +0.0942% | 4h | 183.05 | −0.032% | $42K | $262K | 10x | as long as short |
Lighter RH PLTR
Injective PLTR/USDC PERP
Polymarket Perps PLTR-USD
Vest PLTR-USD-PERP
BloFin PLTR-USDT
SoDEX PLTR-USD
Ondo Perps PLTR-USD.P
Pacifica PLTR
KuCoin PLTRUSDTM
ApeX Omni PLTRUSDT
Aevo PLTR-PERP
Hotstuff PLTR-PERP
Phoenix PLTR
Arcus PLTR-USD
edgeX PLTRUSDC