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

PLTR

RWAall PLTR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0072%/8h= −7.9% APRnext payment $0.09 per $10,000 · paid last 24h −0.019%
Price spread now: Hotstuff against Phoenix−0.038%53s7-day average · you buy dearer than you sell
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 4 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 against this trade now: funding costs −$2 a day on $10k at the current rate, and Hotstuff is 0.038% cheaper against Phoenix than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. 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
LongPhoenix PLTR183.070get 0.0000% / 1h20m 31s$30K$93K10x
ShortHotstuff PLTR-PERP183.00−0.0072pay 0.0009% / 1h20m 31s$29K$10K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hotstuff against Phoenix. 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
−$15.12
Price spread: −0.038% → 0.000%
−$3.82
Slippage, 4 orders
no order book: not counted
Fee Phoenix: 3.5 bp × 2 orders
−$7
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Net
−$30.94
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: Phoenix: no order-book sample; Hotstuff: no order-book sample. 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 Phoenix no order-book sample
Sell Hotstuff no order-book sample
Phoenix and 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 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
Polymarket Perps PLTR-USD−0.0115%1h182.94−0.071%$215K$677K10xas long as short
tradeXYZ xyz:PLTR−0.0097%1h183.02−0.027%$12.1M$6.3M10xas long as short
Hotstuff PLTR-PERPshort−0.0072%1h183.00−0.038%$29K$10K20x
Aster PLTRUSDT0.0000%8h183.27+0.109%$61K$44K50xas long as short
Extended PLTR_24_5-USD0.0000%1h183.16+0.048%$303K$1.8M10xas long as short
Binance PLTRUSDT0.0000%8h183.21+0.078%$9.0M$30.4M20xas long as short
Bybit PLTRUSDT0.0000%8h183.19+0.066%$2.9M$2.5M25xas long as short
OKX PLTR-USDT-SWAP0.0000%8h183.17+0.055%$1.7M$2.3M20xas long as short
Gate PLTR_USDT0.0000%8h183.13+0.033%$340K$736K50xas long as short
Bitget PLTRUSDT0.0000%8h183.12+0.027%$3.4M$3.0M20xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni PLTR0.0000%8h183.17+0.054%$736K$223Kas long as short
GRVT PLTR_USDT_Perp0.0000%8h183.15+0.043%$15K$647K10xas long as short
Phoenix PLTRlong0.0000%1h183.07long leg$30K$93K10x
QFEX PLTR-USD+0.0025%1h183.16+0.049%$1.2M$2.2M10xas long as short
Lighter PLTR+0.0032%1h183.06−0.006%$184K$253K10xas long as short
Lighter RH PLTR+0.0032%1h183.12+0.025%$364K$594K10xas long as short
Injective PLTR/USDC PERP+0.0033%1h181.69−0.754%$1K$42K30xas long as short
Arcus PLTR-USD+0.0040%1h183.09+0.011%$86K$47K10xas long as short
Vest PLTR-USD-PERP+0.0046%1h183.29+0.120%$124K25xas long as short
SoDEX PLTR-USD+0.0050%1h183.11+0.022%$52K$3K10xas long as short
Ondo Perps PLTR-USD.P+0.0050%1h183.10+0.016%$357K$1.7M10xas long as short
Pacifica PLTR+0.0100%1h183.06−0.008%$193K$15K10xas long as short
KuCoin PLTRUSDTM+0.0100%8h182.98−0.049%$1.0M$49K20xas long as short
ApeX Omni PLTRUSDT+0.0100%1h183.04−0.016%$3K$8K50xas long as short
Aevo PLTR-PERP+0.0104%1h183.17+0.057%$9010xas long as short
BloFin PLTR-USDT+0.0120%8h183.24+0.093%$123K$243K20xas long as short
edgeX PLTRUSDC+0.0483%4h183.17+0.057%$42K$264K10xas long as short