Funding you earn now, next payment 07:00 UTC+0.0044%/8h= +4.8% APRpaid last 24h −0.004%
Price spread now: Phoenix against Bybit−0.038%55s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.081%+$8 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. Phoenix is 0.038% cheaper against Bybit than usual: you would sell low and buy high (spread −0.038% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 2.9 days of funding at the current rate (+$1 a day). The two prices were read 55 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 | Bybit PLTRUSDT | 183.53 | 0 | get 0.0000% / 8h | 4m 32s | $2.9M | $2.5M | 25x |
| Short | Phoenix PLTR | 183.46 | 0.0044 | get 0.0005% / 1h | 4m 32s | $30K | $93K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix 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
- $9.16
- Price spread: −0.038% → 0.000%
- −$3.81
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- −$12.65
- Costs to cover
- 0.180%
- Break-even
- 16.7 days
Slippage unknown: Bybit: live order book, 3 min ago; Phoenix: no order-book sample. Net counts fees only.
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, 3 min ago | 1.09 bp | 15.9 bp −$16 | 83.5 bp −$835 | doesn't fit | doesn't fit |
| Sell Phoenix no order-book sample | — | — | — | — | — |
Phoenix: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0193% | 1h | 183.20 | −0.180% | $215K | $677K | 10x | as long as short |
| tradeXYZ xyz:PLTR | −0.0031% | 1h | 183.35 | −0.098% | $12.1M | $6.4M | 10x | as long as short |
| Aster PLTRUSDT | 0.0000% | 8h | 183.62 | +0.048% | $61K | $44K | 50x | as long as short |
| Extended PLTR_24_5-USD | 0.0000% | 1h | 183.43 | −0.052% | $304K | $846K | 10x | as long as short |
| Binance PLTRUSDT | 0.0000% | 8h | 183.51 | −0.014% | $9.0M | $31.0M | 20x | as long as short |
| Bybit PLTRUSDTlong | 0.0000% | 8h | 183.53 | long leg | $2.9M | $2.5M | 25x | |
| OKX PLTR-USDT-SWAP | 0.0000% | 8h | 183.60 | +0.038% | $1.7M | $2.3M | 20x | as long as short |
| Gate PLTR_USDT | 0.0000% | 8h | 183.45 | −0.044% | $325K | $804K | 50x | as long as short |
| Bitget PLTRUSDT | 0.0000% | 8h | 183.43 | −0.054% | $3.3M | $3.0M | 20x | as long as short |
| Variational Omni PLTR | 0.0000% | 8h | 183.45 | −0.043% | $739K | $224K | — | 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 | 183.52 | −0.005% | $15K | $639K | 10x | as long as short |
| Lighter PLTR | +0.0032% | 1h | 183.31 | −0.119% | $203K | $269K | 10x | as long as short |
| Lighter RH PLTR | +0.0032% | 1h | 183.41 | −0.066% | $381K | $609K | 10x | as long as short |
| QFEX PLTR-USD | +0.0032% | 1h | 183.41 | −0.065% | $1.2M | $2.1M | 10x | as long as short |
| Injective PLTR/USDC PERP | +0.0033% | 1h | 181.69 | −1.003% | $1K | $42K | 30x | as long as short |
| Arcus PLTR-USD | +0.0040% | 1h | 183.40 | −0.071% | $86K | $47K | 10x | as long as short |
| Phoenix PLTRshort | +0.0044% | 1h | 183.46 | −0.038% | $30K | $93K | 10x | |
| Vest PLTR-USD-PERP | +0.0046% | 1h | 183.62 | +0.049% | — | $124K | 25x | as long as short |
| SoDEX PLTR-USD | +0.0050% | 1h | 183.41 | −0.065% | $52K | $3K | 10x | as long as short |
| Ondo Perps PLTR-USD.P | +0.0050% | 1h | 183.41 | −0.065% | $325K | $1.8M | 10x | as long as short |
| Hotstuff PLTR-PERP | +0.0064% | 1h | 183.33 | −0.109% | $29K | $10K | 20x | as long as short |
| Pacifica PLTR | +0.0100% | 1h | 183.47 | −0.034% | $193K | $15K | 10x | as long as short |
| KuCoin PLTRUSDTM | +0.0100% | 8h | 183.37 | −0.087% | $1.0M | $71K | 20x | as long as short |
| ApeX Omni PLTRUSDT | +0.0100% | 1h | 183.44 | −0.049% | $3K | $8K | 50x | as long as short |
| Aevo PLTR-PERP | +0.0104% | 1h | 183.44 | −0.048% | $90 | — | 10x | as long as short |
| BloFin PLTR-USDT | +0.0120% | 8h | 183.46 | −0.038% | $125K | $274K | 20x | as long as short |
| edgeX PLTRUSDC | +0.0879% | 4h | 183.46 | −0.040% | $42K | $265K | 10x | as long as short |
Bybit PLTRUSDT
Phoenix PLTR
Polymarket Perps PLTR-USD
tradeXYZ xyz:PLTR
Aster PLTRUSDT
Extended PLTR_24_5-USD
Binance PLTRUSDT
OKX PLTR-USDT-SWAP
Gate PLTR_USDT
Bitget PLTRUSDT
Variational Omni PLTR
GRVT PLTR_USDT_Perp
Lighter PLTR
Lighter RH PLTR
Injective PLTR/USDC PERP
SoDEX PLTR-USD
Pacifica PLTR
KuCoin PLTRUSDTM
ApeX Omni PLTRUSDT
BloFin PLTR-USDT
edgeX PLTRUSDC