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

PLTR

RWAall PLTR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.003%
Price spread now: Bybit against Phoenix+0.033%45s7-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−0.083%−$8 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.033% dearer against Phoenix than usual: you sell high and buy low, +$3 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 45 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhoenix PLTR183.340get 0.0000% / 1h8m 44s$30K$93K10x
ShortBybit PLTRUSDT183.400get 0.0000% / 8h2h 08m$2.9M$2.5M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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
$0
Price spread: +0.033% → 0.000%
$3.27
Slippage, 4 orders
no order book: not counted
Fee Phoenix: 3.5 bp × 2 orders
−$7
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$14.73
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: Phoenix: no order-book sample; Bybit: live order book, 4 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 Bybit live order book, 4 min ago0.27 bp15.6 bp −$16102.4 bp −$1,024doesn't fitdoesn'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
Polymarket Perps PLTR-USD−0.0103%1h183.13−0.115%$215K$677K10xas long as short
tradeXYZ xyz:PLTR−0.0084%1h183.20−0.076%$12.1M$6.3M10xas long as short
Aster PLTRUSDT0.0000%8h183.50+0.088%$61K$44K50xas long as short
Extended PLTR_24_5-USD0.0000%1h183.340.000%$305K$1.8M10xas long as short
Binance PLTRUSDT0.0000%8h183.39+0.027%$9.0M$30.5M20xas long as short
Bybit PLTRUSDTshort0.0000%8h183.40+0.033%$2.9M$2.5M25x
OKX PLTR-USDT-SWAP0.0000%8h183.44+0.055%$1.7M$2.3M20xas long as short
Gate PLTR_USDT0.0000%8h183.32−0.011%$341K$737K50xas long as short
Bitget PLTRUSDT0.0000%8h183.30−0.022%$3.4M$3.0M20xas long as short
Variational Omni PLTR0.0000%8h183.39+0.029%$737K$223Kas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT PLTR_USDT_Perp0.0000%8h183.39+0.028%$15K$647K10xas long as short
Phoenix PLTRlong0.0000%1h183.34long leg$30K$93K10x
Hotstuff PLTR-PERP+0.0016%1h183.17−0.093%$29K$10K20xas long as short
QFEX PLTR-USD+0.0025%1h183.33−0.005%$1.2M$2.2M10xas long as short
Lighter PLTR+0.0032%1h183.23−0.061%$184K$253K10xas long as short
Lighter RH PLTR+0.0032%1h183.30−0.022%$365K$594K10xas long as short
Injective PLTR/USDC PERP+0.0033%1h181.69−0.900%$1K$42K30xas long as short
Arcus PLTR-USD+0.0040%1h183.29−0.027%$86K$47K10xas long as short
Vest PLTR-USD-PERP+0.0046%1h183.50+0.087%$124K25xas long as short
SoDEX PLTR-USD+0.0050%1h183.31−0.016%$52K$3K10xas long as short
Ondo Perps PLTR-USD.P+0.0050%1h183.29−0.027%$357K$1.7M10xas long as short
Pacifica PLTR+0.0100%1h183.34+0.002%$193K$15K10xas long as short
KuCoin PLTRUSDTM+0.0100%8h183.20−0.076%$1.0M$49K20xas long as short
ApeX Omni PLTRUSDT+0.0100%1h183.340.000%$3K$8K50xas long as short
Aevo PLTR-PERP+0.0104%1h183.37+0.014%$9010xas long as short
BloFin PLTR-USDT+0.0120%8h183.38+0.022%$123K$244K20xas long as short
edgeX PLTRUSDC+0.0603%4h183.40+0.030%$42K$263K10xas long as short