Funding you earn now, next payment 00:00 UTC+0.0031%/8h= +3.4% APRnext payment +$0.04 per $10,000 · paid last 24h +0.001%
Price spread now: Phoenix against Pacifica+0.025%47s7-day average +0.041% · you sell dearer than you buy
Net, funding: paid 7d − costs−$65as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$580.578% of the position
Funding, last 7 days−0.071%−$7 on $10k
+Price spread, last 3 days (all we have)−0.036%−$4 · spread now +0.025%, 7d avg +0.041%
=Together, before fees−0.107%+ Points / potential airdropPacifica: Active · farm board−$11 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.041%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.071%, so the current rate has only just turned in your favour. The two prices were read 47 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 | Pacifica PLTR | 183.39 | 0.0100 | pay 0.0013% / 1h | 25m 55s | $193K | $14K | 10x |
| Short | Phoenix PLTR | 183.44 | 0.0131 | get 0.0016% / 1h | 25m 55s | $30K | $107K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix against Pacifica. 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
- $6.54
- Price spread: +0.025% → +0.041%
- −$1.63
- Slippage, 4 orders
- −$42.83
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- −$52.92
- Costs to cover
- 0.578%
- Break-even
- 63.6 days
Slippage from Pacifica: live order book, 47 min ago; Phoenix: live order book, 39 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 Pacifica live order book, 47 min ago | 13.13 bp | 18.9 bp −$19 | doesn't fit | doesn't fit | doesn't fit |
| Sell Phoenix live order book, 39 min ago | 2.73 bp | 10.0 bp −$10 | 20.8 bp −$208 | 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 | 183.37 | −0.011% | $60K | $37K | 50x | as long as short |
| Bybit PLTRUSDT | 0.0000% | 8h | 183.63 | +0.128% | $3.1M | $2.3M | 25x | as long as short |
| Gate PLTR_USDT | 0.0000% | 8h | 183.47 | +0.041% | $334K | $705K | 50x | as long as short |
| Bitget PLTRUSDT | 0.0000% | 8h | 183.37 | −0.013% | $3.4M | $3.0M | 20x | as long as short |
| Variational Omni PLTR | 0.0000% | 8h | 183.51 | +0.065% | $737K | $216K | — | as long as short |
| GRVT PLTR_USDT_Perp | 0.0000% | 8h | 183.47 | +0.039% | $16K | $681K | 10x | as long as short |
| tradeXYZ xyz:PLTR | +0.0026% | 1h | 183.35 | −0.024% | $12.1M | $6.3M | 10x | as long as short |
| Binance PLTRUSDT | +0.0030% | 8h | 183.55 | +0.085% | $9.2M | $29.7M | 20x | as long as short |
| OKX PLTR-USDT-SWAP | +0.0032% | 8h | 183.53 | +0.074% | $1.7M | $2.2M | 20x | as long as short |
| Lighter PLTR | +0.0032% | 1h | 183.41 | +0.007% | $185K | $260K | 10x | as long as short |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH PLTR | +0.0032% | 1h | 183.45 | +0.029% | $366K | $608K | 10x | as long as short |
| Extended PLTR_24_5-USD | +0.0032% | 1h | 183.51 | +0.063% | $304K | $1.8M | 10x | as long as short |
| Injective PLTR/USDC PERP | +0.0033% | 1h | 181.69 | −0.929% | $1K | $42K | 30x | as long as short |
| Vest PLTR-USD-PERP | +0.0046% | 1h | 183.57 | +0.096% | — | $124K | 25x | as long as short |
| Polymarket Perps PLTR-USD | +0.0050% | 1h | 183.27 | −0.068% | $213K | $675K | 10x | as long as short |
| SoDEX PLTR-USD | +0.0050% | 1h | 183.49 | +0.052% | $52K | $3K | 10x | as long as short |
| Ondo Perps PLTR-USD.P | +0.0050% | 1h | 183.32 | −0.041% | $450K | $1.5M | 10x | as long as short |
| QFEX PLTR-USD | +0.0062% | 1h | 183.48 | +0.047% | $1.2M | $2.5M | 10x | as long as short |
| Pacifica PLTRlong | +0.0100% | 1h | 183.39 | long leg | $193K | $14K | 10x | |
| KuCoin PLTRUSDTM | +0.0100% | 8h | 183.34 | −0.030% | $1.1M | $24K | 20x | as long as short |
| ApeX Omni PLTRUSDT | +0.0100% | 1h | 183.42 | +0.014% | $3K | $8K | 50x | as long as short |
| Aevo PLTR-PERP | +0.0104% | 1h | 183.52 | +0.070% | $90 | — | 10x | as long as short |
| BloFin PLTR-USDT | +0.0120% | 8h | 183.58 | +0.101% | $125K | $194K | 20x | as long as short |
| Phoenix PLTRshort | +0.0131% | 1h | 183.44 | +0.025% | $30K | $107K | 10x | |
| Hotstuff PLTR-PERP | +0.0168% | 1h | 183.33 | −0.035% | $29K | $10K | 20x | as long as short |
| edgeX PLTRUSDC | +0.0283% | 4h | 183.51 | +0.064% | $43K | $263K | 10x | as long as short |
| Arcus PLTR-USD | +0.0599% | 1h | 183.47 | +0.041% | $86K | $46K | 10x | as long as short |
Pacifica PLTR
Phoenix PLTR
Aster PLTRUSDT
Bybit PLTRUSDT
Gate PLTR_USDT
Bitget PLTRUSDT
Variational Omni PLTR
GRVT PLTR_USDT_Perp
tradeXYZ xyz:PLTR
Binance PLTRUSDT
OKX PLTR-USDT-SWAP
Lighter PLTR
Lighter RH PLTR
Extended PLTR_24_5-USD
Injective PLTR/USDC PERP
Polymarket Perps PLTR-USD
SoDEX PLTR-USD
KuCoin PLTRUSDTM
ApeX Omni PLTRUSDT
BloFin PLTR-USDT
edgeX PLTRUSDC