Funding you earn now, next payment 02:00 UTC+0.0123%/8h= +13.4% APRnext payment +$0.15 per $10,000 · paid last 24h +0.054%
Price spread now: Phoenix against Polymarket Perps+0.104%59s7-day average — · you sell dearer than you buy
Net, funding: paid 7d − costs−$19as 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−$370.374% of the position
Funding, last 7 days+0.183%+$18 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Phoenix is 0.104% dearer against Polymarket Perps than usual: you sell high and buy low: +$10 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 59 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 | 182.32 | −0.0079 | get 0.0010% / 1h | 35m 48s | $214K | $677K | 10x |
| Short | Phoenix PLTR | 182.51 | 0.0044 | get 0.0005% / 1h | 35m 48s | $30K | $93K | 10x |
Polymarket Perps PLTR-USD
Phoenix PLTRFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix 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
- $25.78
- Price spread: +0.104% → 0.000%
- $10.42
- Slippage, 4 orders
- −$22.37
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- −$1.16
- Costs to cover
- 0.374%
- Break-even
- 7.3 days
Slippage from Polymarket Perps: live order book, 27 min ago; Phoenix: live order book, 84 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, 27 min ago | 1.92 bp | 5.9 bp −$6 | 6.8 bp −$68 | 12.0 bp −$1,197 | doesn't fit |
| Sell Phoenix live order book, 84 min ago | 3.82 bp | 12.6 bp −$13 | 27.5 bp −$275 | doesn't fit | 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 | −0.0085% | 1h | 182.35 | +0.016% | $12.0M | $6.2M | 10x | as long as short |
| Polymarket Perps PLTR-USDlong | −0.0079% | 1h | 182.32 | long leg | $214K | $677K | 10x | |
| Aster PLTRUSDT | 0.0000% | 8h | 182.95 | +0.344% | $61K | $44K | 50x | as long as short |
| Extended PLTR_24_5-USD | 0.0000% | 1h | 182.52 | +0.110% | $306K | $1.4M | 10x | as long as short |
| Binance PLTRUSDT | 0.0000% | 8h | 182.57 | +0.137% | $9.0M | $30.2M | 20x | as long as short |
| Bybit PLTRUSDT | 0.0000% | 8h | 182.56 | +0.132% | $3.0M | $2.4M | 25x | as long as short |
| OKX PLTR-USDT-SWAP | 0.0000% | 8h | 182.56 | +0.132% | $1.7M | $2.4M | 20x | as long as short |
| Gate PLTR_USDT | 0.0000% | 8h | 182.51 | +0.104% | $332K | $725K | 50x | as long as short |
| Bitget PLTRUSDT | 0.0000% | 8h | 182.52 | +0.110% | $3.4M | $3.0M | 20x | as long as short |
| Variational Omni PLTR | 0.0000% | 8h | 182.56 | +0.134% | $737K | $220K | — | as long as short |
tradeXYZ xyz:PLTR
Aster PLTRUSDT
Extended PLTR_24_5-USD
Binance PLTRUSDT
Bybit PLTRUSDT
OKX PLTR-USDT-SWAP
Gate PLTR_USDT
Bitget PLTRUSDT
Variational Omni PLTRShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT PLTR_USDT_Perp | 0.0000% | 8h | 182.60 | +0.154% | $15K | $670K | 10x | as long as short |
| Hotstuff PLTR-PERP | +0.0016% | 1h | 182.35 | +0.016% | $29K | $10K | 20x | as long as short |
| QFEX PLTR-USD | +0.0026% | 1h | 182.60 | +0.154% | $1.2M | $2.4M | 10x | as long as short |
| Lighter PLTR | +0.0032% | 1h | 182.42 | +0.054% | $184K | $255K | 10x | as long as short |
| Lighter RH PLTR | +0.0032% | 1h | 182.45 | +0.071% | $366K | $598K | 10x | as long as short |
| Injective PLTR/USDC PERP | +0.0033% | 1h | 181.69 | −0.346% | $1K | $42K | 30x | as long as short |
| Arcus PLTR-USD | +0.0040% | 1h | 182.53 | +0.115% | $86K | $47K | 10x | as long as short |
| Phoenix PLTRshort | +0.0044% | 1h | 182.51 | +0.104% | $30K | $93K | 10x | |
| Vest PLTR-USD-PERP | +0.0046% | 1h | 182.62 | +0.165% | — | $124K | 25x | as long as short |
| SoDEX PLTR-USD | +0.0050% | 1h | 182.52 | +0.110% | $52K | $3K | 10x | as long as short |
| Ondo Perps PLTR-USD.P | +0.0050% | 1h | 182.49 | +0.093% | $366K | $1.7M | 10x | as long as short |
| edgeX PLTRUSDC | +0.0094% | 4h | 182.56 | +0.132% | $42K | $262K | 10x | as long as short |
| Pacifica PLTR | +0.0100% | 1h | 182.51 | +0.103% | $192K | $14K | 10x | as long as short |
| KuCoin PLTRUSDTM | +0.0100% | 8h | 182.44 | +0.066% | $1.1M | $28K | 20x | as long as short |
| ApeX Omni PLTRUSDT | +0.0100% | 1h | 182.51 | +0.104% | $3K | $8K | 50x | as long as short |
| Aevo PLTR-PERP | +0.0104% | 1h | 182.55 | +0.127% | $89 | — | 10x | as long as short |
| BloFin PLTR-USDT | +0.0120% | 8h | 182.59 | +0.148% | $123K | $238K | 20x | as long as short |
GRVT PLTR_USDT_Perp
Hotstuff PLTR-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