Funding you earn now, next payment 23:00 UTC+0.0131%/8h= +14.4% APRpaid last 24h +0.029%
Price spread now: Phoenix against Gate+0.033%7-day average +0.012% · you sell dearer than you buy
Net, funding: paid 7d − costs−$127as in the Funding arb table
Net, price: spread back to 7d avg − costs−$138as in the Price arb table
costs, in and out, $10k−$1401.404% of the position
Funding, last 7 days+0.138%+$14 on $10k
+Price spread, last 3 days (all we have)−0.047%−$5 · spread now +0.033%, 7d avg +0.012%
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Phoenix is 0.021% dearer against Gate than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.012%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate PLTR_USDT | 183.01 | 0 | get 0.0000% / 8h | 53m 32s | $333K | $702K | 50x |
| Short | Phoenix PLTR | 183.07 | 0.0131 | get 0.0016% / 1h | 53m 32s | $30K | $119K | 10x |
Gate PLTR_USDT
Phoenix PLTRFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix against Gate. 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
- $27.53
- Price spread: +0.033% → +0.012%
- $2.13
- Slippage, 4 orders
- −$118.39
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- −$110.73
- Costs to cover
- 1.404%
- Break-even
- 35.2 days
Slippage from Gate: live order book, 23 min ago; Phoenix: live order book, 16 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 Gate live order book, 23 min ago | 6.01 bp | 61.1 bp −$61 | 129.3 bp −$1,293 | doesn't fit | doesn't fit |
| Sell Phoenix live order book, 16 min ago | 2.73 bp | 10.3 bp −$10 | 21.2 bp −$212 | 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 | 182.96 | −0.030% | $60K | $37K | 50x | as long as short |
| OKX PLTR-USDT-SWAP | 0.0000% | 8h | 183.09 | +0.044% | $1.8M | $2.2M | 20x | as long as short |
| Gate PLTR_USDTlong | 0.0000% | 8h | 183.01 | long leg | $333K | $702K | 50x | |
| Bitget PLTRUSDT | 0.0000% | 8h | 183.01 | 0.000% | $3.4M | $3.3M | 20x | as long as short |
| Variational Omni PLTR | 0.0000% | 8h | 183.21 | +0.108% | $636K | $135K | — | as long as short |
| GRVT PLTR_USDT_Perp | 0.0000% | 8h | 183.25 | +0.132% | $16K | $692K | 10x | as long as short |
| Binance PLTRUSDT | +0.0023% | 8h | 183.07 | +0.033% | $9.4M | $30.2M | 20x | as long as short |
| Extended PLTR_24_5-USD | +0.0024% | 1h | 183.05 | +0.019% | $303K | $1.4M | 10x | as long as short |
| Lighter PLTR | +0.0032% | 1h | 182.95 | −0.034% | $184K | $296K | 10x | as long as short |
| Lighter RH PLTR | +0.0032% | 1h | 182.96 | −0.028% | $364K | $623K | 10x | as long as short |
Aster PLTRUSDT
OKX PLTR-USDT-SWAP
Bitget PLTRUSDT
Variational Omni PLTR
GRVT PLTR_USDT_Perp
Binance PLTRUSDT
Extended PLTR_24_5-USD
Lighter PLTR
Lighter RH PLTRShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| 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 | 183.10 | +0.049% | — | $124K | 25x | as long as short |
| tradeXYZ xyz:PLTR | +0.0050% | 1h | 182.93 | −0.044% | $12.0M | $6.6M | 10x | as long as short |
| Polymarket Perps PLTR-USD | +0.0050% | 1h | 182.85 | −0.087% | $210K | $673K | 10x | as long as short |
| SoDEX PLTR-USD | +0.0050% | 1h | 183.02 | +0.005% | $52K | $4K | 10x | as long as short |
| Ondo Perps PLTR-USD.P | +0.0050% | 1h | 182.93 | −0.044% | $407K | $1.4M | 10x | as long as short |
| QFEX PLTR-USD | +0.0080% | 1h | 183.03 | +0.011% | $1.2M | $2.6M | 10x | as long as short |
| BloFin PLTR-USDT | +0.0080% | 8h | 183.22 | +0.115% | $82K | $187K | 20x | as long as short |
| Pacifica PLTR | +0.0100% | 1h | 183.02 | +0.008% | $193K | $13K | 10x | as long as short |
| KuCoin PLTRUSDTM | +0.0100% | 8h | 183.00 | −0.005% | $1.1M | $25K | 20x | as long as short |
| ApeX Omni PLTRUSDT | +0.0100% | 1h | 182.97 | −0.022% | $3K | $8K | 50x | as long as short |
| Aevo PLTR-PERP | +0.0104% | 1h | 183.09 | +0.044% | $90 | — | 10x | as long as short |
| Phoenix PLTRshort | +0.0131% | 1h | 183.07 | +0.033% | $30K | $119K | 10x | |
| Hotstuff PLTR-PERP | +0.0216% | 1h | 182.94 | −0.038% | $29K | $10K | 20x | as long as short |
| Bybit PLTRUSDT | +0.0328% | 8h | 183.02 | +0.005% | $3.0M | $2.3M | 25x | as long as short |
| edgeX PLTRUSDC | +0.0357% | 4h | 183.23 | +0.122% | $43K | $260K | 10x | as long as short |
| Arcus PLTR-USD | +0.0583% | 1h | 183.04 | +0.016% | $86K | $47K | 10x | as long as short |
Injective PLTR/USDC PERP
Vest PLTR-USD-PERP
tradeXYZ xyz:PLTR
Polymarket Perps PLTR-USD
SoDEX PLTR-USD
Ondo Perps PLTR-USD.P
QFEX PLTR-USD
BloFin PLTR-USDT
Pacifica PLTR
KuCoin PLTRUSDTM
ApeX Omni PLTRUSDT
Aevo PLTR-PERP
Hotstuff PLTR-PERP
Bybit PLTRUSDT
edgeX PLTRUSDC
Arcus PLTR-USD