Funding arb · Price arb /

PLTR

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.032%

Price spread now: Extended against Bybit−0.040%7-day average −0.076% · you buy dearer than you sell

Net, funding: paid 7d − costs−$48as in the Funding arb table

Net, price: spread back to 7d avg − costs−$39as in the Price arb table

costs, in and out, $10k−$430.425% of the position

Long on Bybit Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days−0.057%−$6 on $10k

Price spread, last 7 days−0.053%−$5 · spread now −0.040%, 7d avg −0.076%

Together, before fees−0.110%+ Points / potential airdropExtended: Active · farm board−$11 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: Extended is 0.036% dearer against Bybit than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.076%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit PLTRUSDT	183.02	0	get 0.0000% / 8h	2h 47m	$3.0M	$2.4M	25x
Short	Extended PLTR_24_5-USD	182.95	0	get 0.0000% / 1h	47m 03s	$303K	$1.8M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against Bybit. 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 BybitbpFee ExtendedbpOrdersPrice spread, now −0.040%Rate

Funding earned: $0
Price spread: −0.040% → −0.076%: $3.63
Slippage, 4 orders: −$26.5
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$38.87
Costs to cover: 0.425%
Break-even: never at this rate

Slippage from Bybit: live order book, 5 min ago; Extended: live order book, 1 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 Bybit live order book, 5 min ago	0.82 bp	15.4 bp −$15	71.3 bp −$713	doesn't fit	doesn't fit
Sell Extended live order book, 1 min ago	0.55 bp	8.8 bp −$9	56.3 bp −$563	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	−0.0070%	1h	182.76	−0.142%	$12.1M	$6.3M	10x	as long as short
Polymarket Perps PLTR-USD	−0.0065%	1h	182.71	−0.169%	$215K	$677K	10x	as long as short
Aster PLTRUSDT	0.0000%	8h	183.04	+0.013%	$60K	$44K	50x	as long as short
Extended PLTR_24_5-USDshort	0.0000%	1h	182.95	−0.040%	$303K	$1.8M	10x
Binance PLTRUSDT	0.0000%	8h	182.95	−0.038%	$9.0M	$30.4M	20x	as long as short
Bybit PLTRUSDTlong	0.0000%	8h	183.02	long leg	$3.0M	$2.4M	25x
OKX PLTR-USDT-SWAP	0.0000%	8h	182.97	−0.027%	$1.7M	$2.3M	20x	as long as short
Gate PLTR_USDT	0.0000%	8h	182.92	−0.055%	$340K	$724K	50x	as long as short
Bitget PLTRUSDT	0.0000%	8h	182.87	−0.082%	$3.4M	$3.0M	20x	as long as short
Variational Omni PLTR	0.0000%	8h	182.95	−0.037%	$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	−0.005%	$15K	$659K	10x	as long as short
Phoenix PLTR	0.0000%	1h	182.91	−0.060%	$30K	$93K	10x	as long as short
QFEX PLTR-USD	+0.0025%	1h	182.96	−0.033%	$1.2M	$2.2M	10x	as long as short
Lighter PLTR	+0.0032%	1h	182.79	−0.125%	$184K	$253K	10x	as long as short
Lighter RH PLTR	+0.0032%	1h	182.81	−0.115%	$364K	$594K	10x	as long as short
Injective PLTR/USDC PERP	+0.0033%	1h	181.69	−0.727%	$1K	$42K	30x	as long as short
Arcus PLTR-USD	+0.0040%	1h	182.90	−0.066%	$86K	$47K	10x	as long as short
Vest PLTR-USD-PERP	+0.0046%	1h	183.03	+0.005%	—	$124K	25x	as long as short
Hotstuff PLTR-PERP	+0.0048%	1h	182.77	−0.137%	$29K	$10K	20x	as long as short
SoDEX PLTR-USD	+0.0050%	1h	182.88	−0.076%	$52K	$3K	10x	as long as short
Ondo Perps PLTR-USD.P	+0.0050%	1h	182.82	−0.109%	$358K	$1.7M	10x	as long as short
Pacifica PLTR	+0.0100%	1h	182.88	−0.079%	$193K	$15K	10x	as long as short
KuCoin PLTRUSDTM	+0.0100%	8h	182.90	−0.066%	$1.0M	$48K	20x	as long as short
ApeX Omni PLTRUSDT	+0.0100%	1h	182.93	−0.049%	$3K	$8K	50x	as long as short
Aevo PLTR-PERP	+0.0104%	1h	182.92	−0.054%	$90	—	10x	as long as short
BloFin PLTR-USDT	+0.0120%	8h	183.01	−0.005%	$124K	$243K	20x	as long as short
edgeX PLTRUSDC	+0.0169%	4h	182.93	−0.052%	$42K	$264K	10x	as long as short