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

PLTR

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Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0031%/8h= +3.4% APRnext payment +$0.04 per $10,000 · paid last 24h +0.018%
Price spread now: Phoenix against Hotstuff+0.033%53s7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHotstuff: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Phoenix is 0.033% dearer against Hotstuff than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHotstuff PLTR-PERP182.520.0056pay 0.0007% / 1h24m 21s$29K$10K20x
ShortPhoenix PLTR182.580.0087get 0.0011% / 1h24m 21s$30K$93K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Phoenix against Hotstuff. 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
$6.58
Price spread: +0.033% → 0.000%
$3.29
Slippage, 4 orders
no order book: not counted
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Fee Phoenix: 3.5 bp × 2 orders
−$7
Net
−$2.13
Costs to cover
0.120%
Break-even
9.3 days
Slippage unknown: Hotstuff: no order-book sample; Phoenix: live order book, 35 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Hotstuff no order-book sample
Sell Phoenix live order book, 35 min ago3.82 bp12.6 bp −$1327.5 bp −$275doesn't fitdoesn't fit
Hotstuff: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

PLTR on 26 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
Polymarket Perps PLTR-USD−0.0091%1h182.46−0.033%$214K$677K10xas long as short
tradeXYZ xyz:PLTR−0.0062%1h182.54+0.011%$12.0M$6.3M10xas long as short
Aster PLTRUSDT0.0000%8h183.06+0.298%$61K$44K50xas long as short
Extended PLTR_24_5-USD0.0000%1h182.67+0.083%$306K$1.4M10xas long as short
Binance PLTRUSDT0.0000%8h182.75+0.126%$9.0M$30.2M20xas long as short
Bybit PLTRUSDT0.0000%8h182.77+0.137%$3.1M$2.4M25xas long as short
Gate PLTR_USDT0.0000%8h182.72+0.110%$333K$720K50xas long as short
Bitget PLTRUSDT0.0000%8h182.68+0.088%$3.4M$3.0M20xas long as short
Variational Omni PLTR0.0000%8h182.74+0.120%$737K$219Kas long as short
GRVT PLTR_USDT_Perp0.0000%8h182.71+0.102%$16K$670K10xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX PLTR-USDT-SWAP+0.0003%8h182.76+0.131%$1.7M$2.3M20xas long as short
Lighter PLTR+0.0032%1h182.54+0.010%$184K$264K10xas long as short
Lighter RH PLTR+0.0032%1h182.58+0.035%$366K$607K10xas long as short
Injective PLTR/USDC PERP+0.0033%1h181.69−0.455%$1K$42K30xas long as short
Arcus PLTR-USD+0.0040%1h182.68+0.088%$86K$46K10xas long as short
QFEX PLTR-USD+0.0042%1h182.72+0.110%$1.2M$2.4M10xas long as short
Vest PLTR-USD-PERP+0.0046%1h182.78+0.142%$124K25xas long as short
SoDEX PLTR-USD+0.0050%1h182.71+0.104%$52K$3K10xas long as short
Ondo Perps PLTR-USD.P+0.0050%1h182.59+0.038%$389K$1.6M10xas long as short
Hotstuff PLTR-PERPlong+0.0056%1h182.52long leg$29K$10K20x
Phoenix PLTRshort+0.0087%1h182.58+0.033%$30K$93K10x
Pacifica PLTR+0.0100%1h182.68+0.089%$192K$14K10xas long as short
KuCoin PLTRUSDTM+0.0100%8h182.65+0.071%$1.1M$28K20xas long as short
ApeX Omni PLTRUSDT+0.0100%1h182.57+0.027%$3K$8K50xas long as short
Aevo PLTR-PERP+0.0104%1h182.70+0.100%$9010xas long as short
edgeX PLTRUSDC+0.0873%4h182.68+0.090%$42K$261K10xas long as short