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

PLTR

RWAall PLTR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0076%/8h= +8.3% APRpaid last 24h +0.009%
Price spread now: BloFin against Phoenix+0.038%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.113%+$11 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and BloFin is 0.038% dearer against Phoenix than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhoenix PLTR183.030.0044pay 0.0005% / 1h5m 56s$30K$93K10x
ShortBloFin PLTR-USDT183.100.0120get 0.0120% / 8h3h 05m$123K$239K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Phoenix. 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
$16.01
Price spread: +0.038% → 0.000%
$3.82
Slippage, 4 orders
no order book: not counted
Fee Phoenix: 3.5 bp × 2 orders
−$7
Fee BloFin: 6 bp × 2 orders
−$12
Net
$0.83
Costs to cover
0.190%
Break-even
6.6 days
Slippage unknown: Phoenix: no order-book sample; BloFin: live order book, 15 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Phoenix no order-book sample
Sell BloFin live order book, 15 min ago0.27 bp6.7 bp −$711.3 bp −$11345.4 bp −$4,543doesn't fit
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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hotstuff PLTR-PERP−0.0120%1h182.92−0.060%$29K$10K20xas long as short
tradeXYZ xyz:PLTR−0.0119%1h182.94−0.049%$12.1M$6.3M10xas long as short
Polymarket Perps PLTR-USD−0.0111%1h182.90−0.071%$215K$677K10xas long as short
Aster PLTRUSDT0.0000%8h183.15+0.068%$60K$44K50xas long as short
Extended PLTR_24_5-USD0.0000%1h183.08+0.029%$304K$1.4M10xas long as short
Binance PLTRUSDT0.0000%8h183.13+0.055%$9.0M$30.3M20xas long as short
Bybit PLTRUSDT0.0000%8h183.14+0.060%$3.1M$2.4M25xas long as short
OKX PLTR-USDT-SWAP0.0000%8h183.16+0.071%$1.7M$2.3M20xas long as short
Gate PLTR_USDT0.0000%8h183.10+0.038%$336K$718K50xas long as short
Bitget PLTRUSDT0.0000%8h183.030.000%$3.4M$3.0M20xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni PLTR0.0000%8h183.13+0.056%$736K$223Kas long as short
GRVT PLTR_USDT_Perp0.0000%8h183.19+0.087%$15K$659K10xas long as short
QFEX PLTR-USD+0.0027%1h183.12+0.049%$1.2M$2.3M10xas long as short
Lighter PLTR+0.0032%1h182.98−0.025%$184K$255K10xas long as short
Lighter RH PLTR+0.0032%1h183.00−0.016%$364K$599K10xas long as short
Injective PLTR/USDC PERP+0.0033%1h181.69−0.732%$1K$42K30xas long as short
Arcus PLTR-USD+0.0040%1h183.07+0.022%$86K$47K10xas long as short
Phoenix PLTRlong+0.0044%1h183.03long leg$30K$93K10x
Vest PLTR-USD-PERP+0.0046%1h183.20+0.093%$124K25xas long as short
SoDEX PLTR-USD+0.0050%1h183.08+0.027%$52K$3K10xas long as short
Ondo Perps PLTR-USD.P+0.0050%1h182.99−0.022%$346K$1.7M10xas long as short
Pacifica PLTR+0.0100%1h182.98−0.028%$193K$15K10xas long as short
KuCoin PLTRUSDTM+0.0100%8h183.01−0.011%$1.0M$47K20xas long as short
ApeX Omni PLTRUSDT+0.0100%1h183.09+0.033%$3K$8K50xas long as short
Aevo PLTR-PERP+0.0104%1h183.11+0.046%$9010xas long as short
BloFin PLTR-USDTshort+0.0120%8h183.10+0.038%$123K$239K20x
edgeX PLTRUSDC+0.0319%4h183.12+0.050%$42K$263K10xas long as short