Funding arb · Price arb /

PLTR

RWAall PLTR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.029%

Price spread now: Bybit against Binance−0.028%7-day average +0.019% · you buy dearer than you sell

Net, funding: paid 7d − costs−$40as in the Funding arb table

Net, price: spread back to 7d avg − costs−$50as in the Price arb table

costs, in and out, $10k−$460.455% of the position

Long on Binance Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days+0.054%+$5 on $10k

Price spread, last 7 days+0.037%+$4 · spread now −0.028%, 7d avg +0.019%

Together, before fees+0.091%+$9 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.047% cheaper against Binance than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.019%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance PLTRUSDT	182.65	0	get 0.0000% / 8h	5h 30m	$9.0M	$30.2M	20x
Short	Bybit PLTRUSDT	182.60	0	get 0.0000% / 8h	5h 30m	$3.0M	$2.4M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against Binance. 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

Position, each leg$Hold fordaysFee BinancebpFee BybitbpOrdersPrice spread, now −0.028%Rate

Funding earned: $0
Price spread: −0.028% → +0.019%: −$4.69
Slippage, 4 orders: −$24.55
Fee Binance: 5 bp × 2 orders: −$10
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$50.24
Costs to cover: 0.455%
Break-even: never at this rate

Slippage from Binance: live order book, 11 min ago; Bybit: live order book, 2 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 Binance live order book, 11 min ago	0.55 bp	8.4 bp −$8	19.3 bp −$193	82.8 bp −$8,277	doesn't fit
Sell Bybit live order book, 2 min ago	0.82 bp	14.7 bp −$15	90.8 bp −$908	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	−0.0073%	1h	182.42	−0.126%	$12.0M	$6.2M	10x	as long as short
Polymarket Perps PLTR-USD	−0.0062%	1h	182.37	−0.153%	$214K	$677K	10x	as long as short
Aster PLTRUSDT	0.0000%	8h	182.97	+0.175%	$61K	$44K	50x	as long as short
Extended PLTR_24_5-USD	0.0000%	1h	182.60	−0.029%	$306K	$1.4M	10x	as long as short
Binance PLTRUSDTlong	0.0000%	8h	182.65	long leg	$9.0M	$30.2M	20x
Bybit PLTRUSDTshort	0.0000%	8h	182.60	−0.028%	$3.0M	$2.4M	25x
OKX PLTR-USDT-SWAP	0.0000%	8h	182.59	−0.033%	$1.7M	$2.4M	20x	as long as short
Gate PLTR_USDT	0.0000%	8h	182.52	−0.071%	$332K	$726K	50x	as long as short
Bitget PLTRUSDT	0.0000%	8h	182.56	−0.049%	$3.4M	$3.0M	20x	as long as short
Variational Omni PLTR	0.0000%	8h	182.62	−0.018%	$737K	$220K	—	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	182.58	−0.039%	$15K	$670K	10x	as long as short
Hotstuff PLTR-PERP	+0.0024%	1h	182.38	−0.148%	$29K	$10K	20x	as long as short
QFEX PLTR-USD	+0.0026%	1h	182.62	−0.017%	$1.2M	$2.3M	10x	as long as short
Lighter PLTR	+0.0032%	1h	182.46	−0.106%	$184K	$255K	10x	as long as short
Lighter RH PLTR	+0.0032%	1h	182.49	−0.088%	$366K	$598K	10x	as long as short
Injective PLTR/USDC PERP	+0.0033%	1h	181.69	−0.526%	$1K	$42K	30x	as long as short
Arcus PLTR-USD	+0.0040%	1h	182.54	−0.060%	$86K	$47K	10x	as long as short
Phoenix PLTR	+0.0044%	1h	182.45	−0.110%	$30K	$93K	10x	as long as short
Vest PLTR-USD-PERP	+0.0046%	1h	182.66	+0.005%	—	$124K	25x	as long as short
SoDEX PLTR-USD	+0.0050%	1h	182.59	−0.033%	$52K	$3K	10x	as long as short
Ondo Perps PLTR-USD.P	+0.0050%	1h	182.48	−0.093%	$366K	$1.7M	10x	as long as short
edgeX PLTRUSDC	+0.0085%	4h	182.57	−0.042%	$42K	$263K	10x	as long as short
Pacifica PLTR	+0.0100%	1h	182.54	−0.060%	$192K	$14K	10x	as long as short
KuCoin PLTRUSDTM	+0.0100%	8h	182.48	−0.093%	$1.1M	$29K	20x	as long as short
ApeX Omni PLTRUSDT	+0.0100%	1h	182.48	−0.093%	$3K	$8K	50x	as long as short
Aevo PLTR-PERP	+0.0104%	1h	182.60	−0.027%	$89	—	10x	as long as short
BloFin PLTR-USDT	+0.0120%	8h	182.66	+0.005%	$123K	$238K	20x	as long as short