Funding you earn now, next payment 01:00 UTC+0.0013%/8h= +1.4% APRpaid last 24h −0.004%
Price spread now: KuCoin against Phoenix+0.033%93s7-day average −0.050% · you sell dearer than you buy
Net, funding: paid 7d − costs−$323as 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−$3263.259% of the position
Funding, last 7 days+0.025%+$3 on $10k
+Price spread, last 3 days (all we have)−0.061%−$6 · spread now +0.033%, 7d avg −0.050%
=Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and KuCoin is 0.083% dearer against Phoenix than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.050%. The two prices were read 93 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 | 182.57 | 0.0087 | pay 0.0011% / 1h | 33m 50s | $30K | $93K | 10x |
| Short | KuCoin PLTRUSDTM | 182.63 | 0.0100 | get 0.0100% / 8h | 6h 33m | $1.1M | $28K | 20x |
Phoenix PLTR
KuCoin PLTRUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $2.66
- Price spread: +0.033% → −0.050%
- $8.26
- Slippage, 4 orders
- −$306.91
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$314.99
- Costs to cover
- 3.259%
- Break-even
- 836.1 days
Slippage from Phoenix: live order book, 26 min ago; KuCoin: live order book, 6 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 Phoenix live order book, 26 min ago | 3.82 bp | 12.6 bp −$13 | 27.5 bp −$275 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 6 min ago | 15.36 bp | 78.1 bp −$78 | doesn't fit | doesn't fit | doesn't fit |
PLTR on 26 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 | −0.0099% | 1h | 182.42 | −0.082% | $214K | $677K | 10x | as long as short |
| tradeXYZ xyz:PLTR | −0.0053% | 1h | 182.48 | −0.049% | $12.0M | $6.3M | 10x | as long as short |
| Aster PLTRUSDT | 0.0000% | 8h | 182.62 | +0.027% | $60K | $44K | 50x | as long as short |
| Extended PLTR_24_5-USD | 0.0000% | 1h | 182.61 | +0.021% | $306K | $1.4M | 10x | as long as short |
| Bybit PLTRUSDT | 0.0000% | 8h | 182.64 | +0.038% | $3.1M | $2.4M | 25x | as long as short |
| Gate PLTR_USDT | 0.0000% | 8h | 182.62 | +0.027% | $333K | $712K | 50x | as long as short |
| Bitget PLTRUSDT | 0.0000% | 8h | 182.60 | +0.016% | $3.4M | $3.0M | 20x | as long as short |
| Variational Omni PLTR | 0.0000% | 8h | 182.74 | +0.091% | $738K | $219K | — | as long as short |
| GRVT PLTR_USDT_Perp | 0.0000% | 8h | 182.70 | +0.071% | $16K | $670K | 10x | as long as short |
| Binance PLTRUSDT | +0.0003% | 8h | 182.66 | +0.047% | $9.1M | $30.2M | 20x | as long as short |
Polymarket Perps PLTR-USD
tradeXYZ xyz:PLTR
Aster PLTRUSDT
Extended PLTR_24_5-USD
Bybit PLTRUSDT
Gate PLTR_USDT
Bitget PLTRUSDT
Variational Omni PLTR
GRVT PLTR_USDT_Perp
Binance PLTRUSDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX PLTR-USDT-SWAP | +0.0007% | 8h | 182.66 | +0.049% | $1.7M | $2.3M | 20x | as long as short |
| Lighter PLTR | +0.0032% | 1h | 182.50 | −0.036% | $184K | $264K | 10x | as long as short |
| Lighter RH PLTR | +0.0032% | 1h | 182.53 | −0.022% | $366K | $606K | 10x | as long as short |
| Injective PLTR/USDC PERP | +0.0033% | 1h | 181.69 | −0.482% | $1K | $42K | 30x | as long as short |
| Arcus PLTR-USD | +0.0040% | 1h | 182.65 | +0.044% | $86K | $46K | 10x | as long as short |
| QFEX PLTR-USD | +0.0042% | 1h | 182.63 | +0.033% | $1.2M | $2.4M | 10x | as long as short |
| Vest PLTR-USD-PERP | +0.0046% | 1h | 182.71 | +0.077% | — | $124K | 25x | as long as short |
| SoDEX PLTR-USD | +0.0050% | 1h | 182.59 | +0.011% | $52K | $3K | 10x | as long as short |
| Ondo Perps PLTR-USD.P | +0.0050% | 1h | 182.52 | −0.027% | $399K | $1.6M | 10x | as long as short |
| edgeX PLTRUSDC | +0.0068% | 4h | 182.64 | +0.040% | $42K | $262K | 10x | as long as short |
| Hotstuff PLTR-PERP | +0.0072% | 1h | 182.52 | −0.027% | $29K | $10K | 20x | as long as short |
| Phoenix PLTRlong | +0.0087% | 1h | 182.57 | long leg | $30K | $93K | 10x | |
| Pacifica PLTR | +0.0100% | 1h | 182.65 | +0.044% | $192K | $14K | 10x | as long as short |
| KuCoin PLTRUSDTMshort | +0.0100% | 8h | 182.63 | +0.033% | $1.1M | $28K | 20x | |
| ApeX Omni PLTRUSDT | +0.0100% | 1h | 182.63 | +0.033% | $3K | $8K | 50x | as long as short |
| Aevo PLTR-PERP | +0.0104% | 1h | 182.61 | +0.025% | $89 | — | 10x | as long as short |
OKX PLTR-USDT-SWAP
Lighter PLTR
Lighter RH PLTR
Injective PLTR/USDC PERP
Arcus PLTR-USD
QFEX PLTR-USD
Vest PLTR-USD-PERP
SoDEX PLTR-USD
Ondo Perps PLTR-USD.P
edgeX PLTRUSDC
Hotstuff PLTR-PERP
Pacifica PLTR
ApeX Omni PLTRUSDT
Aevo PLTR-PERP