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

PLTR

RWAall PLTR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h +0.064%
Price spread now: Bybit against Polymarket Perps+0.246%7-day average +0.132% · you sell dearer than you buy
Net, funding: paid 7d − costs−$30as in the Funding arb table
Net, price: spread back to 7d avg − costs−$29as in the Price arb table
costs, in and out, $10k−$410.407% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.106%+$11 on $10k
Price spread, last 4 days (all we have)−0.150%−$15 · spread now +0.246%, 7d avg +0.132%
Together, before fees−0.044%−$4 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bybit is 0.114% dearer against Polymarket Perps than usual: you sell high and buy low (spread +0.246% now, against its 7-day average of +0.132%): +$11 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 7.6 days. Mind the row above: over the last 7 days funding on this pair paid +0.106%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps PLTR-USD183.200.0050pay 0.0006% / 1h57m 51s$215K$673K10x
ShortBybit PLTRUSDT183.650get 0.0000% / 8h7h 57m$2.9M$2.5M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$10.5
Price spread: +0.246% → +0.132%
$11.39
Slippage, 4 orders
−$21.67
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$39.78
Costs to cover
0.407%
Break-even
never at this rate
Slippage from Polymarket Perps: live order book, 40 min ago; Bybit: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Polymarket Perps live order book, 40 min ago2.46 bp7.1 bp −$78.2 bp −$82doesn't fitdoesn't fit
Sell Bybit live order book, 4 min ago1.36 bp12.2 bp −$1292.2 bp −$922doesn't fitdoesn't fit

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
tradeXYZ xyz:PLTR−0.0172%1h183.53+0.180%$12.1M$6.4M10xas long as short
Lighter PLTR−0.0016%1h183.41+0.115%$203K$244K10xas long as short
Aster PLTRUSDT0.0000%8h183.72+0.285%$61K$44K50xas long as short
Extended PLTR_24_5-USD0.0000%1h183.51+0.171%$304K$845K10xas long as short
Binance PLTRUSDT0.0000%8h183.61+0.225%$9.1M$31.2M20xas long as short
Bybit PLTRUSDTshort0.0000%8h183.65+0.246%$2.9M$2.5M25x
OKX PLTR-USDT-SWAP0.0000%8h183.70+0.273%$1.8M$2.4M20xas long as short
Gate PLTR_USDT0.0000%8h183.53+0.180%$325K$771K50xas long as short
Bitget PLTRUSDT0.0000%8h183.62+0.229%$3.4M$3.1M20xas long as short
Variational Omni PLTR0.0000%8h183.51+0.169%$739K$224Kas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT PLTR_USDT_Perp0.0000%8h183.53+0.180%$15K$535K10xas long as short
Lighter RH PLTR+0.0032%1h183.50+0.166%$381K$574K10xas long as short
QFEX PLTR-USD+0.0032%1h183.58+0.207%$1.2M$2.1M10xas long as short
Injective PLTR/USDC PERP+0.0033%1h181.69−0.824%$1K$42K30xas long as short
Arcus PLTR-USD+0.0040%1h183.51+0.169%$86K$47K10xas long as short
Phoenix PLTR+0.0044%1h183.54+0.186%$30K$93K10xas long as short
Vest PLTR-USD-PERP+0.0046%1h183.74+0.295%$124K25xas long as short
Polymarket Perps PLTR-USDlong+0.0050%1h183.20long leg$215K$673K10x
SoDEX PLTR-USD+0.0050%1h183.46+0.142%$52K$3K10xas long as short
Ondo Perps PLTR-USD.P+0.0050%1h183.42+0.120%$327K$1.8M10xas long as short
Hotstuff PLTR-PERP+0.0088%1h183.36+0.087%$29K$10K20xas long as short
Pacifica PLTR+0.0100%1h183.52+0.176%$193K$16K10xas long as short
KuCoin PLTRUSDTM+0.0100%8h183.47+0.147%$1.0M$79K20xas long as short
ApeX Omni PLTRUSDT+0.0100%1h183.49+0.158%$3K$8K50xas long as short
Aevo PLTR-PERP+0.0104%1h183.56+0.199%$9010xas long as short
BloFin PLTR-USDT+0.0120%8h183.50+0.164%$125K$274K20xas long as short
edgeX PLTRUSDC+0.0561%4h183.53+0.181%$42K$265K10xas long as short