Funding you earn now, next payment 02:00 UTC−0.0110%/8h= −12.1% APRnext payment −$0.14 per $10,000 · paid last 24h −0.030%
Price spread now: tradeXYZ against Phoenix−0.066%101s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.173%−$17 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and tradeXYZ is 0.066% cheaper against Phoenix than usual: you would sell low and buy high (−$7 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 101 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix PLTR | 182.45 | 0.0044 | pay 0.0005% / 1h | 27m 34s | $30K | $93K | 10x |
| Short | tradeXYZ xyz:PLTR | 182.33 | −0.0066 | pay 0.0008% / 1h | 27m 34s | $12.0M | $6.2M | 10x |
Phoenix PLTR
tradeXYZ xyz:PLTRFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ against Phoenix. 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
- −$23.14
- Price spread: −0.066% → 0.000%
- −$6.58
- Slippage, 4 orders
- no order book: not counted
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$54.72
- Costs to cover
- 0.250%
- Break-even
- never at this rate
Slippage unknown: Phoenix: no order-book sample; tradeXYZ: live order book, 11 min ago. Net counts fees only.
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 Phoenix no order-book sample | — | — | — | — | — |
| Sell tradeXYZ live order book, 11 min ago | 0.82 bp | 9.8 bp −$10 | 13.3 bp −$133 | doesn't fit | doesn't fit |
Phoenix: 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:PLTRshort | −0.0066% | 1h | 182.33 | −0.066% | $12.0M | $6.2M | 10x | |
| Polymarket Perps PLTR-USD | −0.0054% | 1h | 182.32 | −0.071% | $214K | $677K | 10x | as long as short |
| Hotstuff PLTR-PERP | −0.0040% | 1h | 182.34 | −0.060% | $29K | $10K | 20x | as long as short |
| Aster PLTRUSDT | 0.0000% | 8h | 182.85 | +0.220% | $61K | $44K | 50x | as long as short |
| Extended PLTR_24_5-USD | 0.0000% | 1h | 182.51 | +0.034% | $306K | $1.4M | 10x | as long as short |
| Binance PLTRUSDT | 0.0000% | 8h | 182.56 | +0.060% | $9.0M | $30.2M | 20x | as long as short |
| Bybit PLTRUSDT | 0.0000% | 8h | 182.54 | +0.049% | $3.0M | $2.4M | 25x | as long as short |
| OKX PLTR-USDT-SWAP | 0.0000% | 8h | 182.57 | +0.066% | $1.7M | $2.4M | 20x | as long as short |
| Gate PLTR_USDT | 0.0000% | 8h | 182.47 | +0.011% | $332K | $726K | 50x | as long as short |
| Bitget PLTRUSDT | 0.0000% | 8h | 182.55 | +0.055% | $3.4M | $3.0M | 20x | as long as short |
Polymarket Perps PLTR-USD
Hotstuff PLTR-PERP
Aster PLTRUSDT
Extended PLTR_24_5-USD
Binance PLTRUSDT
Bybit PLTRUSDT
OKX PLTR-USDT-SWAP
Gate PLTR_USDT
Bitget PLTRUSDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni PLTR | 0.0000% | 8h | 182.62 | +0.092% | $737K | $220K | — | as long as short |
| GRVT PLTR_USDT_Perp | 0.0000% | 8h | 182.63 | +0.099% | $15K | $670K | 10x | as long as short |
| QFEX PLTR-USD | +0.0026% | 1h | 182.50 | +0.027% | $1.2M | $2.3M | 10x | as long as short |
| Lighter PLTR | +0.0032% | 1h | 182.38 | −0.039% | $183K | $255K | 10x | as long as short |
| Lighter RH PLTR | +0.0032% | 1h | 182.38 | −0.039% | $366K | $598K | 10x | as long as short |
| Injective PLTR/USDC PERP | +0.0033% | 1h | 181.69 | −0.417% | $1K | $42K | 30x | as long as short |
| Arcus PLTR-USD | +0.0040% | 1h | 182.54 | +0.049% | $86K | $47K | 10x | as long as short |
| Phoenix PLTRlong | +0.0044% | 1h | 182.45 | long leg | $30K | $93K | 10x | |
| Vest PLTR-USD-PERP | +0.0046% | 1h | 182.60 | +0.082% | — | $124K | 25x | as long as short |
| SoDEX PLTR-USD | +0.0050% | 1h | 182.54 | +0.049% | $52K | $3K | 10x | as long as short |
| Ondo Perps PLTR-USD.P | +0.0050% | 1h | 182.48 | +0.016% | $366K | $1.7M | 10x | as long as short |
| edgeX PLTRUSDC | +0.0085% | 4h | 182.57 | +0.068% | $42K | $263K | 10x | as long as short |
| Pacifica PLTR | +0.0100% | 1h | 182.50 | +0.028% | $192K | $15K | 10x | as long as short |
| KuCoin PLTRUSDTM | +0.0100% | 8h | 182.46 | +0.005% | $1.1M | $29K | 20x | as long as short |
| ApeX Omni PLTRUSDT | +0.0100% | 1h | 182.51 | +0.033% | $3K | $8K | 50x | as long as short |
| Aevo PLTR-PERP | +0.0104% | 1h | 182.53 | +0.046% | $89 | — | 10x | as long as short |
| BloFin PLTR-USDT | +0.0120% | 8h | 182.63 | +0.099% | $123K | $238K | 20x | as long as short |
Variational Omni PLTR
GRVT PLTR_USDT_Perp
QFEX PLTR-USD
Lighter PLTR
Lighter RH PLTR
Injective PLTR/USDC PERP
Arcus PLTR-USD
Vest PLTR-USD-PERP
SoDEX PLTR-USD
Ondo Perps PLTR-USD.P
edgeX PLTRUSDC
Pacifica PLTR
KuCoin PLTRUSDTM
ApeX Omni PLTRUSDT
Aevo PLTR-PERP
BloFin PLTR-USDT