Funding you earn now, next payment 23:00 UTC+0.0131%/8h= +14.4% APRpaid last 24h +0.029%
Price spread now: Phoenix against GRVT−0.060%7-day average +0.011% · you buy dearer than you sell
Net, funding: paid 7d − costs−$29as in the Funding arb table
Net, price: spread back to 7d avg − costs−$50as in the Price arb table
costs, in and out, $10k−$430.432% of the position
Funding, last 7 days+0.138%+$14 on $10k
+Price spread, last 3 days (all we have)+0.105%+$10 · spread now −0.060%, 7d avg +0.011%
=Together, before fees+0.243%+ Points / potential airdropGRVT: Active · farm board+$24 on $10k · with fees, hour by hour
Funding pays, the price is against you. Phoenix is 0.071% cheaper against GRVT than usual: you would sell low and buy high (spread −0.060% now, against its 7-day average of +0.011%). If the spread goes back, that is −$7 on $10k: about 44 hours of funding at the current rate (+$4 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT PLTR_USDT_Perp | 183.17 | 0 | get 0.0000% / 8h | 7h 59m | $16K | $681K | 10x |
| Short | Phoenix PLTR | 183.06 | 0.0131 | get 0.0016% / 1h | 59m 32s | $30K | $107K | 10x |
GRVT PLTR_USDT_Perp
Phoenix PLTRFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix against GRVT. 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: −0.060% → +0.011%
- −$7.15
- Slippage, 4 orders
- −$27.16
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- −$22.78
- Costs to cover
- 0.432%
- Break-even
- 12.8 days
Slippage from GRVT: live order book, 13 min ago; Phoenix: 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 GRVT live order book, 13 min ago | 1.09 bp | 8.0 bp −$8 | 16.0 bp −$160 | doesn't fit | doesn't fit |
| Sell Phoenix live order book, 6 min ago | 2.73 bp | 10.0 bp −$10 | 20.8 bp −$208 | 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 | 182.98 | −0.102% | $60K | $37K | 50x | as long as short |
| Bybit PLTRUSDT | 0.0000% | 8h | 183.25 | +0.044% | $3.0M | $2.2M | 25x | as long as short |
| Gate PLTR_USDT | 0.0000% | 8h | 183.05 | −0.066% | $333K | $693K | 50x | as long as short |
| Bitget PLTRUSDT | 0.0000% | 8h | 183.13 | −0.022% | $3.4M | $3.0M | 20x | as long as short |
| Variational Omni PLTR | 0.0000% | 8h | 183.14 | −0.016% | $736K | $217K | — | as long as short |
| GRVT PLTR_USDT_Perplong | 0.0000% | 8h | 183.17 | long leg | $16K | $681K | 10x | |
| Lighter PLTR | +0.0032% | 1h | 183.00 | −0.090% | $185K | $258K | 10x | as long as short |
| Lighter RH PLTR | +0.0032% | 1h | 183.05 | −0.068% | $365K | $606K | 10x | as long as short |
| Extended PLTR_24_5-USD | +0.0032% | 1h | 183.11 | −0.034% | $303K | $1.4M | 10x | as long as short |
| Injective PLTR/USDC PERP | +0.0033% | 1h | 181.69 | −0.808% | $1K | $42K | 30x | as long as short |
Aster PLTRUSDT
Bybit PLTRUSDT
Gate PLTR_USDT
Bitget PLTRUSDT
Variational Omni PLTR
Lighter PLTR
Lighter RH PLTR
Extended PLTR_24_5-USD
Injective PLTR/USDC PERPShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance PLTRUSDT | +0.0034% | 8h | 183.25 | +0.042% | $9.3M | $29.9M | 20x | as long as short |
| OKX PLTR-USDT-SWAP | +0.0044% | 8h | 183.15 | −0.011% | $1.8M | $2.2M | 20x | as long as short |
| Vest PLTR-USD-PERP | +0.0046% | 1h | 183.26 | +0.049% | — | $124K | 25x | as long as short |
| tradeXYZ xyz:PLTR | +0.0050% | 1h | 183.01 | −0.087% | $12.0M | $6.4M | 10x | as long as short |
| Polymarket Perps PLTR-USD | +0.0050% | 1h | 182.98 | −0.104% | $210K | $673K | 10x | as long as short |
| SoDEX PLTR-USD | +0.0050% | 1h | 183.10 | −0.038% | $52K | $4K | 10x | as long as short |
| Ondo Perps PLTR-USD.P | +0.0050% | 1h | 182.92 | −0.136% | $479K | $1.5M | 10x | as long as short |
| QFEX PLTR-USD | +0.0080% | 1h | 183.23 | +0.033% | $1.2M | $2.6M | 10x | as long as short |
| Pacifica PLTR | +0.0100% | 1h | 183.02 | −0.083% | $193K | $14K | 10x | as long as short |
| KuCoin PLTRUSDTM | +0.0100% | 8h | 183.03 | −0.076% | $1.1M | $24K | 20x | as long as short |
| ApeX Omni PLTRUSDT | +0.0100% | 1h | 183.06 | −0.060% | $3K | $8K | 50x | as long as short |
| Aevo PLTR-PERP | +0.0104% | 1h | 183.12 | −0.026% | $90 | — | 10x | as long as short |
| Phoenix PLTRshort | +0.0131% | 1h | 183.06 | −0.060% | $30K | $107K | 10x | |
| BloFin PLTR-USDT | +0.0140% | 8h | 183.19 | +0.011% | $125K | $185K | 20x | as long as short |
| edgeX PLTRUSDC | +0.0143% | 4h | 183.14 | −0.016% | $42K | $263K | 10x | as long as short |
| Hotstuff PLTR-PERP | +0.0152% | 1h | 182.94 | −0.126% | $29K | $10K | 20x | as long as short |
| Arcus PLTR-USD | +0.0583% | 1h | 183.12 | −0.027% | $86K | $46K | 10x | as long as short |
Binance PLTRUSDT
OKX PLTR-USDT-SWAP
Vest PLTR-USD-PERP
tradeXYZ xyz:PLTR
Polymarket Perps PLTR-USD
SoDEX PLTR-USD
Ondo Perps PLTR-USD.P
QFEX PLTR-USD
Pacifica PLTR
KuCoin PLTRUSDTM
ApeX Omni PLTRUSDT
Aevo PLTR-PERP
BloFin PLTR-USDT
edgeX PLTRUSDC
Hotstuff PLTR-PERP
Arcus PLTR-USD