Funding arb · Price arb /

PLTR

RWAall PLTR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0025%/8h= +2.8% APRpaid last 24h +0.010%

Price spread now: QFEX against Bitget+0.022%7-day average −0.037% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$31as in the Price arb table

costs, in and out, $10k−$370.373% of the position

Long on Bitget Short on QFEX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.010%+$1 on $10k

Price spread, last 7 days−0.034%−$3 · spread now +0.022%, 7d avg −0.037%

Together, before fees−0.025%−$2 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and QFEX is 0.059% dearer against Bitget than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.037%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget PLTRUSDT	183.29	0	get 0.0000% / 8h	2h 01m	$3.4M	$3.0M	20x
Short	QFEX PLTR-USD	183.33	0.0025	get 0.0003% / 1h	1m 58s	$1.2M	$2.2M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

QFEX against Bitget. 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 BitgetbpFee QFEXbpOrdersPrice spread, now +0.022%Rate

Funding earned: $5.34
Price spread: +0.022% → −0.037%: $5.87
Slippage, 4 orders: −$15.31
Fee Bitget: 6 bp × 2 orders: −$12
Fee QFEX: 5 bp × 2 orders: −$10
Net: −$26.1
Costs to cover: 0.373%
Break-even: 41.2 days

Slippage from Bitget: live order book, 1 min ago; QFEX: live order book, 5 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 Bitget live order book, 1 min ago	1.36 bp	12.2 bp −$12	18.4 bp −$184	doesn't fit	doesn't fit
Sell QFEX live order book, 5 min ago	1.91 bp	7.3 bp −$7	9.6 bp −$96	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
Polymarket Perps PLTR-USD	−0.0096%	1h	183.11	−0.098%	$215K	$677K	10x	as long as short
tradeXYZ xyz:PLTR	−0.0078%	1h	183.21	−0.044%	$12.1M	$6.3M	10x	as long as short
Aster PLTRUSDT	0.0000%	8h	183.52	+0.126%	$61K	$44K	50x	as long as short
Extended PLTR_24_5-USD	0.0000%	1h	183.32	+0.016%	$305K	$1.8M	10x	as long as short
Binance PLTRUSDT	0.0000%	8h	183.38	+0.048%	$9.0M	$30.5M	20x	as long as short
Bybit PLTRUSDT	0.0000%	8h	183.41	+0.065%	$2.9M	$2.5M	25x	as long as short
OKX PLTR-USDT-SWAP	0.0000%	8h	183.40	+0.060%	$1.7M	$2.3M	20x	as long as short
Gate PLTR_USDT	0.0000%	8h	183.30	+0.005%	$341K	$738K	50x	as long as short
Bitget PLTRUSDTlong	0.0000%	8h	183.29	long leg	$3.4M	$3.0M	20x
Variational Omni PLTR	0.0000%	8h	183.34	+0.029%	$737K	$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	183.42	+0.068%	$15K	$647K	10x	as long as short
Phoenix PLTR	0.0000%	1h	183.30	+0.005%	$30K	$93K	10x	as long as short
Hotstuff PLTR-PERP	+0.0016%	1h	183.17	−0.065%	$29K	$10K	20x	as long as short
QFEX PLTR-USDshort	+0.0025%	1h	183.33	+0.022%	$1.2M	$2.2M	10x
Lighter PLTR	+0.0032%	1h	183.24	−0.026%	$184K	$253K	10x	as long as short
Lighter RH PLTR	+0.0032%	1h	183.28	−0.007%	$365K	$594K	10x	as long as short
Injective PLTR/USDC PERP	+0.0033%	1h	181.69	−0.873%	$1K	$42K	30x	as long as short
Arcus PLTR-USD	+0.0040%	1h	183.30	+0.005%	$86K	$47K	10x	as long as short
Vest PLTR-USD-PERP	+0.0046%	1h	183.51	+0.120%	—	$124K	25x	as long as short
SoDEX PLTR-USD	+0.0050%	1h	183.30	+0.005%	$52K	$3K	10x	as long as short
Ondo Perps PLTR-USD.P	+0.0050%	1h	183.30	+0.005%	$357K	$1.7M	10x	as long as short
Pacifica PLTR	+0.0100%	1h	183.28	−0.007%	$193K	$15K	10x	as long as short
KuCoin PLTRUSDTM	+0.0100%	8h	183.24	−0.027%	$1.0M	$49K	20x	as long as short
ApeX Omni PLTRUSDT	+0.0100%	1h	183.28	−0.005%	$3K	$8K	50x	as long as short
Aevo PLTR-PERP	+0.0104%	1h	183.35	+0.034%	$90	—	10x	as long as short
BloFin PLTR-USDT	+0.0120%	8h	183.38	+0.049%	$123K	$244K	20x	as long as short
edgeX PLTRUSDC	+0.0280%	4h	183.35	+0.031%	$42K	$264K	10x	as long as short