Funding you earn now, next payment 05:00 UTC+0.0074%/8h= +8.1% APRnext payment +$0.09 per $10,000 · paid last 24h +0.032%
Price spread now: Phoenix against tradeXYZ+0.088%61s7-day average — · you sell dearer than you buy
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 for this trade now. Funding pays +$2 a day on $10k at the current rate, and Phoenix is 0.088% dearer against tradeXYZ than usual: you sell high and buy low: +$9 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 61 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 | tradeXYZ xyz:PLTR | 182.75 | −0.0074 | get 0.0009% / 1h | 46m 19s | $12.1M | $6.3M | 10x |
| Short | Phoenix PLTR | 182.91 | 0 | get 0.0000% / 1h | 46m 19s | $30K | $93K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix against tradeXYZ. 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
- $15.59
- Price spread: +0.088% → 0.000%
- $8.76
- Slippage, 4 orders
- no order book: not counted
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- −$0.65
- Costs to cover
- 0.250%
- Break-even
- 7.3 days
Slippage unknown: tradeXYZ: live order book, 3 min ago; Phoenix: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy tradeXYZ live order book, 3 min ago | 0.82 bp | 11.7 bp −$12 | 14.2 bp −$142 | doesn't fit | doesn't fit |
| Sell Phoenix no order-book sample | — | — | — | — | — |
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:PLTRlong | −0.0074% | 1h | 182.75 | long leg | $12.1M | $6.3M | 10x | |
| Polymarket Perps PLTR-USD | −0.0070% | 1h | 182.69 | −0.033% | $214K | $677K | 10x | as long as short |
| Aster PLTRUSDT | 0.0000% | 8h | 183.06 | +0.172% | $60K | $44K | 50x | as long as short |
| Extended PLTR_24_5-USD | 0.0000% | 1h | 182.90 | +0.083% | $303K | $1.8M | 10x | as long as short |
| Binance PLTRUSDT | 0.0000% | 8h | 182.95 | +0.109% | $8.9M | $30.4M | 20x | as long as short |
| Bybit PLTRUSDT | 0.0000% | 8h | 183.02 | +0.148% | $3.0M | $2.4M | 25x | as long as short |
| OKX PLTR-USDT-SWAP | 0.0000% | 8h | 182.97 | +0.120% | $1.7M | $2.3M | 20x | as long as short |
| Gate PLTR_USDT | 0.0000% | 8h | 182.90 | +0.082% | $340K | $724K | 50x | as long as short |
| Bitget PLTRUSDT | 0.0000% | 8h | 182.87 | +0.066% | $3.4M | $3.0M | 20x | as long as short |
| Variational Omni PLTR | 0.0000% | 8h | 182.95 | +0.111% | $735K | $223K | — | as long as short |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT PLTR_USDT_Perp | 0.0000% | 8h | 183.01 | +0.142% | $15K | $659K | 10x | as long as short |
| Phoenix PLTRshort | 0.0000% | 1h | 182.91 | +0.088% | $30K | $93K | 10x | |
| QFEX PLTR-USD | +0.0025% | 1h | 182.95 | +0.109% | $1.2M | $2.2M | 10x | as long as short |
| Lighter PLTR | +0.0032% | 1h | 182.79 | +0.025% | $184K | $253K | 10x | as long as short |
| Lighter RH PLTR | +0.0032% | 1h | 182.81 | +0.033% | $364K | $594K | 10x | as long as short |
| Injective PLTR/USDC PERP | +0.0033% | 1h | 181.69 | −0.580% | $1K | $42K | 30x | as long as short |
| Arcus PLTR-USD | +0.0040% | 1h | 182.89 | +0.077% | $86K | $47K | 10x | as long as short |
| Vest PLTR-USD-PERP | +0.0046% | 1h | 183.03 | +0.153% | — | $124K | 25x | as long as short |
| Hotstuff PLTR-PERP | +0.0048% | 1h | 182.77 | +0.011% | $29K | $10K | 20x | as long as short |
| SoDEX PLTR-USD | +0.0050% | 1h | 182.88 | +0.071% | $52K | $3K | 10x | as long as short |
| Ondo Perps PLTR-USD.P | +0.0050% | 1h | 182.82 | +0.038% | $358K | $1.7M | 10x | as long as short |
| Pacifica PLTR | +0.0100% | 1h | 182.87 | +0.064% | $193K | $15K | 10x | as long as short |
| KuCoin PLTRUSDTM | +0.0100% | 8h | 182.90 | +0.082% | $1.0M | $48K | 20x | as long as short |
| ApeX Omni PLTRUSDT | +0.0100% | 1h | 182.93 | +0.098% | $3K | $8K | 50x | as long as short |
| Aevo PLTR-PERP | +0.0104% | 1h | 182.91 | +0.089% | $90 | — | 10x | as long as short |
| BloFin PLTR-USDT | +0.0120% | 8h | 183.01 | +0.142% | $124K | $243K | 20x | as long as short |
| edgeX PLTRUSDC | +0.0169% | 4h | 182.93 | +0.096% | $42K | $264K | 10x | as long as short |
tradeXYZ xyz:PLTR
Phoenix PLTR
Polymarket Perps PLTR-USD
Aster PLTRUSDT
Extended PLTR_24_5-USD
Binance PLTRUSDT
Bybit PLTRUSDT
OKX PLTR-USDT-SWAP
Gate PLTR_USDT
Bitget PLTRUSDT
Variational Omni PLTR
GRVT PLTR_USDT_Perp
Lighter PLTR
Lighter RH PLTR
Injective PLTR/USDC PERP
SoDEX PLTR-USD
Pacifica PLTR
KuCoin PLTRUSDTM
ApeX Omni PLTRUSDT
BloFin PLTR-USDT
edgeX PLTRUSDC