Funding you earn now, next payment 07:00 UTC+0.0060%/8h= +6.6% APRnext payment +$0.08 per $10,000 · paid last 24h −0.018%
Price spread now: Hotstuff against Phoenix−0.055%53s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Funding pays, the price is against you. Hotstuff is 0.055% cheaper against Phoenix than usual: you would sell low and buy high (spread −0.055% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 3.0 days of funding at the current rate (+$2 a day). The two prices were read 53 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 | Phoenix PLTR | 183.45 | 0.0044 | pay 0.0005% / 1h | 36m 17s | $30K | $93K | 10x |
| Short | Hotstuff PLTR-PERP | 183.35 | 0.0104 | get 0.0013% / 1h | 36m 17s | $29K | $10K | 20x |
Phoenix PLTR
Hotstuff PLTR-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hotstuff against Phoenix. 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
- $12.68
- Price spread: −0.055% → 0.000%
- −$5.45
- Slippage, 4 orders
- no order book: not counted
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee Hotstuff: 2.5 bp × 2 orders
- −$5
- Net
- −$4.77
- Costs to cover
- 0.120%
- Break-even
- 9.6 days
Slippage unknown: Phoenix: no order-book sample; Hotstuff: 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 Phoenix no order-book sample | — | — | — | — | — |
| Sell Hotstuff no order-book sample | — | — | — | — | — |
Phoenix and Hotstuff: 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 | −0.0156% | 1h | 183.23 | −0.120% | $215K | $677K | 10x | as long as short |
| Aster PLTRUSDT | 0.0000% | 8h | 183.44 | −0.004% | $61K | $44K | 50x | as long as short |
| Extended PLTR_24_5-USD | 0.0000% | 1h | 183.44 | −0.007% | $304K | $848K | 10x | as long as short |
| Binance PLTRUSDT | 0.0000% | 8h | 183.47 | +0.011% | $8.9M | $30.7M | 20x | as long as short |
| Bybit PLTRUSDT | 0.0000% | 8h | 183.48 | +0.016% | $2.9M | $2.5M | 25x | as long as short |
| OKX PLTR-USDT-SWAP | 0.0000% | 8h | 183.50 | +0.027% | $1.7M | $2.3M | 20x | as long as short |
| Gate PLTR_USDT | 0.0000% | 8h | 183.40 | −0.027% | $334K | $764K | 50x | as long as short |
| Bitget PLTRUSDT | 0.0000% | 8h | 183.45 | 0.000% | $3.3M | $3.0M | 20x | as long as short |
| Variational Omni PLTR | 0.0000% | 8h | 183.47 | +0.010% | $738K | $224K | — | as long as short |
| GRVT PLTR_USDT_Perp | 0.0000% | 8h | 183.48 | +0.016% | $15K | $639K | 10x | as long as short |
Polymarket Perps PLTR-USD
Aster PLTRUSDT
Extended PLTR_24_5-USD
Binance PLTRUSDT
Bybit PLTRUSDT
OKX PLTR-USDT-SWAP
Gate PLTR_USDT
Bitget PLTRUSDT
Variational Omni PLTR
GRVT PLTR_USDT_PerpShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:PLTR | +0.0005% | 1h | 183.34 | −0.060% | $12.1M | $6.3M | 10x | as long as short |
| Lighter PLTR | +0.0032% | 1h | 183.32 | −0.068% | $203K | $269K | 10x | as long as short |
| Lighter RH PLTR | +0.0032% | 1h | 183.42 | −0.017% | $381K | $609K | 10x | as long as short |
| QFEX PLTR-USD | +0.0032% | 1h | 183.45 | 0.000% | $1.2M | $2.2M | 10x | as long as short |
| Injective PLTR/USDC PERP | +0.0033% | 1h | 181.69 | −0.959% | $1K | $42K | 30x | as long as short |
| Arcus PLTR-USD | +0.0040% | 1h | 183.40 | −0.027% | $86K | $47K | 10x | as long as short |
| Phoenix PLTRlong | +0.0044% | 1h | 183.45 | long leg | $30K | $93K | 10x | |
| Vest PLTR-USD-PERP | +0.0046% | 1h | 183.67 | +0.120% | — | $124K | 25x | as long as short |
| SoDEX PLTR-USD | +0.0050% | 1h | 183.44 | −0.005% | $52K | $3K | 10x | as long as short |
| Ondo Perps PLTR-USD.P | +0.0050% | 1h | 183.41 | −0.022% | $356K | $1.8M | 10x | as long as short |
| Pacifica PLTR | +0.0100% | 1h | 183.42 | −0.014% | $193K | $15K | 10x | as long as short |
| KuCoin PLTRUSDTM | +0.0100% | 8h | 183.40 | −0.027% | $1.0M | $51K | 20x | as long as short |
| ApeX Omni PLTRUSDT | +0.0100% | 1h | 183.45 | 0.000% | $3K | $8K | 50x | as long as short |
| Hotstuff PLTR-PERPshort | +0.0104% | 1h | 183.35 | −0.055% | $29K | $10K | 20x | |
| Aevo PLTR-PERP | +0.0104% | 1h | 183.45 | 0.000% | $90 | — | 10x | as long as short |
| BloFin PLTR-USDT | +0.0120% | 8h | 183.50 | +0.027% | $124K | $274K | 20x | as long as short |
| edgeX PLTRUSDC | +0.0755% | 4h | 183.45 | +0.002% | $42K | $264K | 10x | as long as short |
tradeXYZ xyz:PLTR
Lighter PLTR
Lighter RH PLTR
QFEX PLTR-USD
Injective PLTR/USDC PERP
Arcus PLTR-USD
Vest PLTR-USD-PERP
SoDEX PLTR-USD
Ondo Perps PLTR-USD.P
Pacifica PLTR
KuCoin PLTRUSDTM
ApeX Omni PLTRUSDT
Aevo PLTR-PERP
BloFin PLTR-USDT
edgeX PLTRUSDC