Funding you earn now, next payment 04:00 UTC+0.0105%/8h= +11.5% APRpaid last 24h +0.028%
Price spread now: Binance against Polymarket Perps+0.142%46s7-day average +0.101% · you sell dearer than you buy
Net, funding: paid 7d − costs−$23as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$280.280% of the position
Funding, last 7 days+0.045%+$5 on $10k
+Price spread, last 4 days (all we have)+0.029%+$3 · spread now +0.142%, 7d avg +0.101%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Binance is 0.041% dearer against Polymarket Perps than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.101%. The two prices were read 46 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 | Polymarket Perps PLTR-USD | 182.50 | −0.0105 | get 0.0013% / 1h | 46m 45s | $214K | $677K | 10x |
| Short | Binance PLTRUSDT | 182.76 | 0 | get 0.0000% / 8h | 4h 46m | $9.0M | $30.3M | 20x |
Polymarket Perps PLTR-USD
Binance PLTRUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Polymarket Perps. 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
- $22.02
- Price spread: +0.142% → +0.101%
- $4.11
- Slippage, 4 orders
- −$10.03
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$1.89
- Costs to cover
- 0.280%
- Break-even
- 7.6 days
Slippage from Polymarket Perps: live order book, 11 min ago; Binance: live order book, 10 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 Polymarket Perps live order book, 11 min ago | 1.92 bp | 6.7 bp −$7 | 7.6 bp −$76 | 13.8 bp −$1,379 | doesn't fit |
| Sell Binance live order book, 10 min ago | 0.27 bp | 8.3 bp −$8 | 18.4 bp −$184 | 73.7 bp −$7,368 | 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 | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:PLTR | −0.0129% | 1h | 182.55 | +0.027% | $12.0M | $6.2M | 10x | as long as short |
| Polymarket Perps PLTR-USDlong | −0.0105% | 1h | 182.50 | long leg | $214K | $677K | 10x | |
| Aster PLTRUSDT | 0.0000% | 8h | 183.02 | +0.287% | $61K | $44K | 50x | as long as short |
| Extended PLTR_24_5-USD | 0.0000% | 1h | 182.71 | +0.116% | $302K | $1.4M | 10x | as long as short |
| Binance PLTRUSDTshort | 0.0000% | 8h | 182.76 | +0.142% | $9.0M | $30.3M | 20x | |
| Bybit PLTRUSDT | 0.0000% | 8h | 182.75 | +0.137% | $3.1M | $2.4M | 25x | as long as short |
| OKX PLTR-USDT-SWAP | 0.0000% | 8h | 182.76 | +0.142% | $1.7M | $2.3M | 20x | as long as short |
| Hotstuff PLTR-PERP | 0.0000% | 1h | 182.57 | +0.038% | $29K | $10K | 20x | as long as short |
| Gate PLTR_USDT | 0.0000% | 8h | 182.65 | +0.082% | $332K | $722K | 50x | as long as short |
| Bitget PLTRUSDT | 0.0000% | 8h | 182.71 | +0.115% | $3.4M | $3.0M | 20x | as long as short |
tradeXYZ xyz:PLTR
Aster PLTRUSDT
Extended PLTR_24_5-USD
Bybit PLTRUSDT
OKX PLTR-USDT-SWAP
Hotstuff PLTR-PERP
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 | 182.78 | +0.152% | $738K | $220K | — | as long as short |
| GRVT PLTR_USDT_Perp | 0.0000% | 8h | 182.80 | +0.165% | $15K | $670K | 10x | as long as short |
| Lighter PLTR | +0.0032% | 1h | 182.66 | +0.085% | $184K | $254K | 10x | as long as short |
| Lighter RH PLTR | +0.0032% | 1h | 182.65 | +0.083% | $366K | $598K | 10x | as long as short |
| Injective PLTR/USDC PERP | +0.0033% | 1h | 181.69 | −0.444% | $1K | $42K | 30x | as long as short |
| QFEX PLTR-USD | +0.0037% | 1h | 182.76 | +0.142% | $1.2M | $2.3M | 10x | as long as short |
| Arcus PLTR-USD | +0.0040% | 1h | 182.72 | +0.121% | $86K | $47K | 10x | as long as short |
| Phoenix PLTR | +0.0044% | 1h | 182.69 | +0.104% | $30K | $93K | 10x | as long as short |
| Vest PLTR-USD-PERP | +0.0046% | 1h | 182.84 | +0.186% | — | $124K | 25x | as long as short |
| SoDEX PLTR-USD | +0.0050% | 1h | 182.72 | +0.121% | $52K | $3K | 10x | as long as short |
| Ondo Perps PLTR-USD.P | +0.0050% | 1h | 182.59 | +0.049% | $384K | $1.7M | 10x | as long as short |
| Pacifica PLTR | +0.0100% | 1h | 182.69 | +0.104% | $193K | $15K | 10x | as long as short |
| KuCoin PLTRUSDTM | +0.0100% | 8h | 182.62 | +0.066% | $1.0M | $40K | 20x | as long as short |
| ApeX Omni PLTRUSDT | +0.0100% | 1h | 182.69 | +0.104% | $3K | $8K | 50x | as long as short |
| Aevo PLTR-PERP | +0.0104% | 1h | 182.73 | +0.126% | $90 | — | 10x | as long as short |
| BloFin PLTR-USDT | +0.0120% | 8h | 182.80 | +0.164% | $124K | $238K | 20x | as long as short |
| edgeX PLTRUSDC | +0.0787% | 4h | 182.74 | +0.132% | $42K | $263K | 10x | as long as short |
Variational Omni PLTR
GRVT PLTR_USDT_Perp
Lighter PLTR
Lighter RH PLTR
Injective PLTR/USDC PERP
QFEX PLTR-USD
Arcus PLTR-USD
Phoenix PLTR
Vest PLTR-USD-PERP
SoDEX PLTR-USD
Ondo Perps PLTR-USD.P
Pacifica PLTR
KuCoin PLTRUSDTM
ApeX Omni PLTRUSDT
Aevo PLTR-PERP
BloFin PLTR-USDT
edgeX PLTRUSDC