Funding you earn now, next payment 00:00 UTC+0.0099%/8h= +10.8% APRpaid last 24h +0.027%
Price spread now: Phoenix against Binance−0.025%115s7-day average −0.017% · you buy dearer than you sell
Net, funding: paid 7d − costs−$22as 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−$360.358% of the position
Funding, last 7 days+0.136%+$14 on $10k
+Price spread, last 2 days (all we have)+0.025%+$2 · spread now −0.025%, 7d avg −0.017%
=The price spread sits at its 7-day average of −0.017%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate. The two prices were read 115 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 | Binance PLTRUSDT | 183.33 | 0.0033 | pay 0.0033% / 8h | 7h 01m | $9.2M | $29.7M | 20x |
| Short | Phoenix PLTR | 183.28 | 0.0131 | get 0.0016% / 1h | 1m 35s | $30K | $107K | 10x |
Binance PLTRUSDT
Phoenix PLTRFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix against Binance. 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
- $20.7
- Price spread: −0.025% → −0.017%
- −$0.79
- Slippage, 4 orders
- −$18.77
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- −$15.86
- Costs to cover
- 0.358%
- Break-even
- 12.4 days
Slippage from Binance: live order book, 10 min ago; Phoenix: live order book, 63 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, 10 min ago | 0.27 bp | 8.1 bp −$8 | 19.8 bp −$198 | 98.5 bp −$9,852 | doesn't fit |
| Sell Phoenix live order book, 63 min ago | 2.73 bp | 10.0 bp −$10 | 20.8 bp −$208 | 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 | −0.0002% | 1h | 183.13 | −0.106% | $12.0M | $6.3M | 10x | as long as short |
| Aster PLTRUSDT | 0.0000% | 8h | 183.03 | −0.160% | $60K | $37K | 50x | as long as short |
| Bybit PLTRUSDT | 0.0000% | 8h | 183.34 | +0.008% | $3.1M | $2.3M | 25x | as long as short |
| Gate PLTR_USDT | 0.0000% | 8h | 183.25 | −0.041% | $334K | $709K | 50x | as long as short |
| Bitget PLTRUSDT | 0.0000% | 8h | 183.28 | −0.025% | $3.4M | $3.0M | 20x | as long as short |
| Variational Omni PLTR | 0.0000% | 8h | 183.35 | +0.014% | $736K | $216K | — | as long as short |
| GRVT PLTR_USDT_Perp | 0.0000% | 8h | 183.41 | +0.047% | $16K | $670K | 10x | as long as short |
| edgeX PLTRUSDC | +0.0011% | 4h | 183.34 | +0.008% | $43K | $263K | 10x | as long as short |
| Hotstuff PLTR-PERP | +0.0024% | 1h | 183.12 | −0.112% | $29K | $10K | 20x | as long as short |
| Lighter PLTR | +0.0032% | 1h | 183.20 | −0.067% | $185K | $260K | 10x | as long as short |
tradeXYZ xyz:PLTR
Aster PLTRUSDT
Bybit PLTRUSDT
Gate PLTR_USDT
Bitget PLTRUSDT
Variational Omni PLTR
GRVT PLTR_USDT_Perp
edgeX PLTRUSDC
Hotstuff PLTR-PERP
Lighter PLTRShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH PLTR | +0.0032% | 1h | 183.23 | −0.052% | $365K | $608K | 10x | as long as short |
| Extended PLTR_24_5-USD | +0.0032% | 1h | 183.30 | −0.015% | $303K | $1.4M | 10x | as long as short |
| Binance PLTRUSDTlong | +0.0033% | 8h | 183.33 | long leg | $9.2M | $29.7M | 20x | |
| Injective PLTR/USDC PERP | +0.0033% | 1h | 181.69 | −0.892% | $1K | $42K | 30x | as long as short |
| OKX PLTR-USDT-SWAP | +0.0033% | 8h | 183.40 | +0.041% | $1.7M | $2.3M | 20x | as long as short |
| Polymarket Perps PLTR-USD | +0.0034% | 1h | 183.09 | −0.128% | $215K | $677K | 10x | as long as short |
| Vest PLTR-USD-PERP | +0.0046% | 1h | 183.36 | +0.019% | — | $124K | 25x | as long as short |
| SoDEX PLTR-USD | +0.0050% | 1h | 183.27 | −0.030% | $52K | $3K | 10x | as long as short |
| Ondo Perps PLTR-USD.P | +0.0050% | 1h | 183.25 | −0.041% | $407K | $1.6M | 10x | as long as short |
| QFEX PLTR-USD | +0.0062% | 1h | 183.29 | −0.019% | $1.2M | $2.5M | 10x | as long as short |
| Pacifica PLTR | +0.0100% | 1h | 183.20 | −0.067% | $193K | $14K | 10x | as long as short |
| KuCoin PLTRUSDTM | +0.0100% | 8h | 183.18 | −0.079% | $1.1M | $24K | 20x | as long as short |
| ApeX Omni PLTRUSDT | +0.0100% | 1h | 183.23 | −0.052% | $3K | $8K | 50x | as long as short |
| Aevo PLTR-PERP | +0.0104% | 1h | 183.32 | −0.005% | $90 | — | 10x | as long as short |
| Phoenix PLTRshort | +0.0131% | 1h | 183.28 | −0.025% | $30K | $107K | 10x | |
| BloFin PLTR-USDT | +0.0136% | 8h | 183.35 | +0.014% | $124K | $194K | 20x | as long as short |
| Arcus PLTR-USD | +0.0599% | 1h | 183.30 | −0.014% | $86K | $46K | 10x | as long as short |
Lighter RH PLTR
Extended PLTR_24_5-USD
Injective PLTR/USDC PERP
OKX PLTR-USDT-SWAP
Polymarket Perps PLTR-USD
Vest PLTR-USD-PERP
SoDEX PLTR-USD
Ondo Perps PLTR-USD.P
QFEX PLTR-USD
Pacifica PLTR
KuCoin PLTRUSDTM
ApeX Omni PLTRUSDT
Aevo PLTR-PERP
BloFin PLTR-USDT
Arcus PLTR-USD