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

PLTR

RWAall PLTR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0326%/8h= +35.7% APRnext payment +$3.26 per $10,000 · paid last 24h +0.028%
Price spread now: Bybit against GRVT−0.012%7-day average +0.031% · you buy dearer than you sell
Net, funding: paid 7d − costs−$42as in the Funding arb table
Net, price: spread back to 7d avg − costs−$49as in the Price arb table
costs, in and out, $10k−$450.451% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.028%+$3 on $10k
Price spread, last 3 days (all we have)+0.105%+$11 · spread now −0.012%, 7d avg +0.031%
Together, before fees+0.133%+ Points / potential airdropGRVT: Active · farm board+$13 on $10k · with fees, hour by hour
Funding pays, the price is against you. Bybit is 0.043% cheaper against GRVT than usual: you would sell low and buy high (spread −0.012% now, against its 7-day average of +0.031%). If the spread goes back, that is −$4 on $10k: about 11 hours of funding at the current rate (+$10 a day). At the pace of the last 7 days (+0.028% in total) that is about 11 days.
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 +$3.26 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT PLTR_USDT_Perp183.230get 0.0000% / 8h1h 35m$16K$692K10x
ShortBybit PLTRUSDT183.210.0326get 0.0326% / 8h1h 35m$3.0M$2.3M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against GRVT. 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
$68.47
Price spread: −0.012% → +0.031%
−$4.3
Slippage, 4 orders
−$25.08
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
$19.1
Costs to cover
0.451%
Break-even
5.0 days
Slippage from GRVT: live order book, 47 min ago; Bybit: live order book, 2 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 GRVT live order book, 47 min ago1.64 bp7.2 bp −$717.1 bp −$171doesn't fitdoesn't fit
Sell Bybit live order book, 2 min ago1.09 bp14.5 bp −$1567.3 bp −$673doesn't fitdoesn'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
Hotstuff PLTR-PERP−0.0008%1h182.97−0.143%$29K$10K20xas long as short
Aster PLTRUSDT0.0000%8h182.97−0.144%$60K$37K50xas long as short
Extended PLTR_24_5-USD0.0000%1h183.19−0.024%$303K$1.4M10xas long as short
Binance PLTRUSDT0.0000%8h183.22−0.007%$9.4M$30.4M20xas long as short
OKX PLTR-USDT-SWAP0.0000%8h183.17−0.034%$1.8M$2.3M20xas long as short
Gate PLTR_USDT0.0000%8h183.11−0.066%$333K$716K50xas long as short
Bitget PLTRUSDT0.0000%8h183.13−0.055%$3.4M$3.3M20xas long as short
Variational Omni PLTR0.0000%8h183.19−0.020%$636K$136Kas long as short
GRVT PLTR_USDT_Perplong0.0000%8h183.23long leg$16K$692K10x
Lighter PLTR+0.0032%1h182.96−0.148%$190K$300K10xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH PLTR+0.0032%1h183.05−0.098%$375K$615K10xas long as short
Injective PLTR/USDC PERP+0.0033%1h181.69−0.841%$1K$42K30xas long as short
Vest PLTR-USD-PERP+0.0046%1h183.12−0.061%$124K25xas long as short
tradeXYZ xyz:PLTR+0.0050%1h183.00−0.126%$12.1M$6.7M10xas long as short
Polymarket Perps PLTR-USD+0.0050%1h182.90−0.181%$210K$675K10xas long as short
SoDEX PLTR-USD+0.0050%1h183.13−0.055%$52K$4K10xas long as short
Ondo Perps PLTR-USD.P+0.0050%1h183.00−0.126%$396K$1.4M10xas long as short
QFEX PLTR-USD+0.0080%1h183.16−0.039%$1.2M$2.5M10xas long as short
Pacifica PLTR+0.0100%1h183.10−0.072%$193K$13K10xas long as short
KuCoin PLTRUSDTM+0.0100%8h182.97−0.143%$1.1M$24K20xas long as short
ApeX Omni PLTRUSDT+0.0100%1h183.05−0.099%$3K$8K50xas long as short
Aevo PLTR-PERP+0.0104%1h183.19−0.021%$9010xas long as short
BloFin PLTR-USDT+0.0120%8h183.27+0.021%$125K$187K20xas long as short
Phoenix PLTR+0.0175%1h183.08−0.083%$30K$119K10xas long as short
Bybit PLTRUSDTshort+0.0326%8h183.21−0.012%$3.0M$2.3M25x
Arcus PLTR-USD+0.0571%1h183.16−0.039%$86K$47K10xas long as short
edgeX PLTRUSDC+0.0631%4h183.23+0.002%$43K$261K10xas long as short