Funding you earn now, next payment 00:00 UTC−0.0325%/8h= −35.6% APRnext payment −$3.25 per $10,000 · paid last 24h −0.028%
Price spread now: Gate against Bybit−0.071%7-day average −0.031% · you buy dearer than you sell
Net, funding: paid 7d − costs−$162as in the Funding arb table
Net, price: spread back to 7d avg − costs−$163as in the Price arb table
costs, in and out, $10k−$1591.588% of the position
Funding, last 7 days−0.028%−$3 on $10k
+Price spread, last 4 days (all we have)+0.161%+$16 · spread now −0.071%, 7d avg −0.031%
=Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and Gate is 0.040% cheaper against Bybit than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.031%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.028% in total (about -1.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.25 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit PLTRUSDT | 183.20 | 0.0325 | pay 0.0325% / 8h | 1h 47m | $3.0M | $2.3M | 25x |
| Short | Gate PLTR_USDT | 183.07 | 0 | get 0.0000% / 8h | 1h 47m | $333K | $709K | 50x |
Bybit PLTRUSDT
Gate PLTR_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Bybit. 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
- −$68.22
- Price spread: −0.071% → −0.031%
- −$4.04
- Slippage, 4 orders
- −$132.77
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$231.04
- Costs to cover
- 1.588%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 5 min ago; Gate: live order book, 34 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 | 13.3 bp −$13 | 63.1 bp −$631 | doesn't fit | doesn't fit |
| Sell Gate live order book, 34 min ago | 5.19 bp | 71.0 bp −$71 | 142.8 bp −$1,428 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster PLTRUSDT | 0.0000% | 8h | 182.96 | −0.130% | $60K | $37K | 50x | as long as short |
| Extended PLTR_24_5-USD | 0.0000% | 1h | 183.15 | −0.028% | $303K | $1.4M | 10x | as long as short |
| Binance PLTRUSDT | 0.0000% | 8h | 183.18 | −0.011% | $9.4M | $30.1M | 20x | as long as short |
| OKX PLTR-USDT-SWAP | 0.0000% | 8h | 183.16 | −0.022% | $1.8M | $2.3M | 20x | as long as short |
| Gate PLTR_USDTshort | 0.0000% | 8h | 183.07 | −0.071% | $333K | $709K | 50x | |
| Bitget PLTRUSDT | 0.0000% | 8h | 183.05 | −0.082% | $3.4M | $3.3M | 20x | as long as short |
| Variational Omni PLTR | 0.0000% | 8h | 183.20 | 0.000% | $636K | $136K | — | as long as short |
| GRVT PLTR_USDT_Perp | 0.0000% | 8h | 183.18 | −0.011% | $16K | $692K | 10x | as long as short |
| Lighter PLTR | +0.0032% | 1h | 182.91 | −0.159% | $190K | $299K | 10x | as long as short |
| Lighter RH PLTR | +0.0032% | 1h | 183.03 | −0.096% | $374K | $615K | 10x | as long as short |
Aster PLTRUSDT
Extended PLTR_24_5-USD
Binance PLTRUSDT
OKX PLTR-USDT-SWAP
Bitget PLTRUSDT
Variational Omni PLTR
GRVT PLTR_USDT_Perp
Lighter PLTR
Lighter RH PLTRShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective PLTR/USDC PERP | +0.0033% | 1h | 181.69 | −0.824% | $1K | $42K | 30x | as long as short |
| Vest PLTR-USD-PERP | +0.0046% | 1h | 183.11 | −0.049% | — | $123K | 25x | as long as short |
| tradeXYZ xyz:PLTR | +0.0050% | 1h | 182.95 | −0.136% | $12.1M | $6.8M | 10x | as long as short |
| Polymarket Perps PLTR-USD | +0.0050% | 1h | 182.83 | −0.202% | $210K | $676K | 10x | as long as short |
| SoDEX PLTR-USD | +0.0050% | 1h | 183.07 | −0.071% | $52K | $4K | 10x | as long as short |
| Ondo Perps PLTR-USD.P | +0.0050% | 1h | 183.04 | −0.087% | $396K | $1.4M | 10x | as long as short |
| Hotstuff PLTR-PERP | +0.0056% | 1h | 182.94 | −0.142% | $29K | $10K | 20x | as long as short |
| QFEX PLTR-USD | +0.0080% | 1h | 183.14 | −0.033% | $1.2M | $2.5M | 10x | as long as short |
| Pacifica PLTR | +0.0100% | 1h | 183.06 | −0.076% | $193K | $13K | 10x | as long as short |
| KuCoin PLTRUSDTM | +0.0100% | 8h | 182.90 | −0.164% | $1.1M | $24K | 20x | as long as short |
| ApeX Omni PLTRUSDT | +0.0100% | 1h | 183.05 | −0.082% | $3K | $8K | 50x | as long as short |
| Aevo PLTR-PERP | +0.0104% | 1h | 183.13 | −0.036% | $90 | — | 10x | as long as short |
| BloFin PLTR-USDT | +0.0120% | 8h | 183.21 | +0.005% | $125K | $187K | 20x | as long as short |
| Phoenix PLTR | +0.0175% | 1h | 183.08 | −0.066% | $30K | $119K | 10x | as long as short |
| Bybit PLTRUSDTlong | +0.0325% | 8h | 183.20 | long leg | $3.0M | $2.3M | 25x | |
| edgeX PLTRUSDC | +0.0418% | 4h | 183.20 | 0.000% | $42K | $261K | 10x | as long as short |
| Arcus PLTR-USD | +0.0571% | 1h | 183.08 | −0.066% | $86K | $47K | 10x | as long as short |
Injective PLTR/USDC PERP
Vest PLTR-USD-PERP
tradeXYZ xyz:PLTR
Polymarket Perps PLTR-USD
SoDEX PLTR-USD
Ondo Perps PLTR-USD.P
Hotstuff PLTR-PERP
QFEX PLTR-USD
Pacifica PLTR
KuCoin PLTRUSDTM
ApeX Omni PLTRUSDT
Aevo PLTR-PERP
BloFin PLTR-USDT
Phoenix PLTR
edgeX PLTRUSDC
Arcus PLTR-USD