Settings8H · net · $10k
Funding arb · Price arb /

PLTR

RWAall PLTR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC−0.0120%/8h= −13.1% APRnext payment $1.20 per $10,000 · paid last 24h −0.006%
Price spread now: Bybit against BloFin−0.011%7-day average +0.028% · you buy dearer than you sell
Net, funding: paid 7d − costs−$74as in the Funding arb table
Net, price: spread back to 7d avg − costs−$58as in the Price arb table
costs, in and out, $10k−$540.541% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.197%−$20 on $10k
Price spread, last 4 days (all we have)+0.026%+$3 · spread now −0.011%, 7d avg +0.028%
Together, before fees−0.171%−$17 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Bybit is 0.039% cheaper against BloFin than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.028%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin PLTR-USDT183.590.0120pay 0.0120% / 8h5h 47m$129K$252K20x
ShortBybit PLTRUSDT183.570get 0.0000% / 8h5h 47m$2.9M$2.5M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against BloFin. 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

Funding earned
−$25.2
Price spread: −0.011% → +0.028%
−$3.93
Slippage, 4 orders
−$31.07
Fee BloFin: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$83.2
Costs to cover
0.541%
Break-even
never at this rate
Slippage from BloFin: live order book, 59 min ago; Bybit: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 59 min ago1.09 bp8.1 bp −$812.6 bp −$12636.4 bp −$3,640doesn't fit
Sell Bybit live order book, 3 min ago1.36 bp20.4 bp −$20136.3 bp −$1,363doesn't fitdoesn't fit

PLTR on 27 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hotstuff PLTR-PERP−0.5280%1h183.86+0.147%$29K$10K20xas long as short
Polymarket Perps PLTR-USD−0.0024%1h183.26−0.180%$220K$653K10xas long as short
tradeXYZ xyz:PLTR−0.0006%1h183.39−0.109%$12.0M$5.1M10xas long as short
Aster PLTRUSDT0.0000%8h183.66+0.040%$61K$44K50xas long as short
Extended PLTR_24_5-USD0.0000%1h183.52−0.039%$307K$858K10xas long as short
Binance PLTRUSDT0.0000%8h183.57−0.012%$9.1M$31.5M20xas long as short
Bybit PLTRUSDTshort0.0000%8h183.57−0.011%$2.9M$2.5M25x
OKX PLTR-USDT-SWAP0.0000%8h183.55−0.022%$1.7M$2.5M20xas long as short
Gate PLTR_USDT0.0000%8h183.49−0.054%$325K$755K50xas long as short
Bitget PLTRUSDT0.0000%8h183.55−0.022%$3.4M$3.2M20xas long as short
Show all 27 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni PLTR0.0000%8h183.63+0.024%$739K$213Kas long as short
GRVT PLTR_USDT_Perp0.0000%8h183.46−0.071%$14K$497K10xas long as short
Lighter PLTR+0.0032%1h183.43−0.090%$210K$290K10xas long as short
Lighter RH PLTR+0.0032%1h183.50−0.051%$376K$587K10xas long as short
Injective PLTR/USDC PERP+0.0033%1h181.69−1.035%$1K$42K30xas long as short
QFEX PLTR-USD+0.0038%1h183.44−0.082%$1.2M$2.1M10xas long as short
Vest PLTR-USD-PERP+0.0046%1h183.61+0.011%$123K25xas long as short
SoDEX PLTR-USD+0.0050%1h183.53−0.033%$52K$3K10xas long as short
Ondo Perps PLTR-USD.P+0.0050%1h183.30−0.158%$366K$2.0M10xas long as short
Pacifica PLTR+0.0100%1h183.41−0.100%$193K$17K10xas long as short
KuCoin PLTRUSDTM+0.0100%8h183.47−0.065%$1.0M$217K20xas long as short
ApeX Omni PLTRUSDT+0.0100%1h183.74+0.082%$3K$8K50xas long as short
Aevo PLTR-PERP+0.0104%1h183.45−0.078%$9010xas long as short
Arcus PLTR-USD+0.0107%1h183.39−0.109%$84K$34K10xas long as short
BloFin PLTR-USDTlong+0.0120%8h183.59long leg$129K$252K20x
Phoenix PLTR+0.0174%1h183.45−0.076%$30K$93K10xas long as short
edgeX PLTRUSDC+0.0526%4h183.61+0.012%$42K$266K10xas long as short