Funding you earn now, next payment 22:00 UTC−0.0075%/8h= −8.2% APRnext payment −$0.09 per $10,000 · paid last 24h +0.003%
Price spread now: Pacifica against Phoenix−0.005%7-day average −0.042% · you buy dearer than you sell
Net, funding: paid 7d − costs−$73as in the Funding arb table
Net, price: spread back to 7d avg − costs−$77as in the Price arb table
costs, in and out, $10k−$800.804% of the position
Funding, last 7 days+0.073%+$7 on $10k
+Price spread, last 3 days (all we have)+0.026%+$3 · spread now −0.005%, 7d avg −0.042%
=Together, before fees+0.099%+ Points / potential airdropPacifica: Active · farm board+$10 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Pacifica is 0.036% dearer against Phoenix than usual: you sell high and buy low (spread −0.005% now, against its 7-day average of −0.042%): +$4 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 39 hours. Mind the row above: over the last 7 days funding on this pair paid +0.073%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix PLTR | 183.06 | 0.0175 | pay 0.0022% / 1h | 4m 58s | $30K | $119K | 10x |
| Short | Pacifica PLTR | 183.05 | 0.0100 | get 0.0013% / 1h | 4m 58s | $193K | $13K | 10x |
Phoenix PLTR
Pacifica PLTRFunding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica 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
- −$15.74
- Price spread: −0.005% → −0.042%
- $3.63
- Slippage, 4 orders
- −$65.43
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$92.55
- Costs to cover
- 0.804%
- Break-even
- never at this rate
Slippage from Phoenix: live order book, 5 min ago; Pacifica: live order book, 13 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, 5 min ago | 2.73 bp | 10.3 bp −$10 | 21.1 bp −$211 | doesn't fit | doesn't fit |
| Sell Pacifica live order book, 13 min ago | 12.03 bp | 33.8 bp −$34 | doesn't fit | 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 | 183.01 | −0.025% | $60K | $37K | 50x | as long as short |
| Extended PLTR_24_5-USD | 0.0000% | 1h | 183.22 | +0.090% | $303K | $1.4M | 10x | as long as short |
| Binance PLTRUSDT | 0.0000% | 8h | 183.26 | +0.109% | $9.4M | $30.2M | 20x | as long as short |
| OKX PLTR-USDT-SWAP | 0.0000% | 8h | 183.20 | +0.076% | $1.8M | $2.3M | 20x | as long as short |
| Gate PLTR_USDT | 0.0000% | 8h | 183.11 | +0.027% | $333K | $720K | 50x | as long as short |
| Bitget PLTRUSDT | 0.0000% | 8h | 183.16 | +0.055% | $3.4M | $3.2M | 20x | as long as short |
| Variational Omni PLTR | 0.0000% | 8h | 183.24 | +0.098% | $636K | $135K | — | as long as short |
| GRVT PLTR_USDT_Perp | 0.0000% | 8h | 183.24 | +0.098% | $16K | $692K | 10x | as long as short |
| Lighter PLTR | +0.0032% | 1h | 182.99 | −0.039% | $190K | $301K | 10x | as long as short |
| Lighter RH PLTR | +0.0032% | 1h | 183.08 | +0.011% | $372K | $618K | 10x | as long as short |
Aster PLTRUSDT
Extended PLTR_24_5-USD
Binance PLTRUSDT
OKX PLTR-USDT-SWAP
Gate PLTR_USDT
Bitget PLTRUSDT
Variational Omni PLTR
GRVT PLTR_USDT_Perp
Lighter PLTR
Lighter RH PLTRShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective PLTR/USDC PERP | +0.0033% | 1h | 181.69 | −0.748% | $1K | $42K | 30x | as long as short |
| Vest PLTR-USD-PERP | +0.0046% | 1h | 183.17 | +0.060% | — | $124K | 25x | as long as short |
| Polymarket Perps PLTR-USD | +0.0047% | 1h | 182.90 | −0.087% | $210K | $673K | 10x | as long as short |
| tradeXYZ xyz:PLTR | +0.0050% | 1h | 182.98 | −0.044% | $12.1M | $6.6M | 10x | as long as short |
| SoDEX PLTR-USD | +0.0050% | 1h | 183.16 | +0.055% | $52K | $4K | 10x | as long as short |
| Ondo Perps PLTR-USD.P | +0.0050% | 1h | 182.98 | −0.044% | $399K | $1.4M | 10x | as long as short |
| QFEX PLTR-USD | +0.0080% | 1h | 183.20 | +0.076% | $1.2M | $2.6M | 10x | as long as short |
| Hotstuff PLTR-PERP | +0.0088% | 1h | 182.98 | −0.044% | $29K | $10K | 20x | as long as short |
| Pacifica PLTRshort | +0.0100% | 1h | 183.05 | −0.005% | $193K | $13K | 10x | |
| KuCoin PLTRUSDTM | +0.0100% | 8h | 183.06 | 0.000% | $1.1M | $24K | 20x | as long as short |
| ApeX Omni PLTRUSDT | +0.0100% | 1h | 183.07 | +0.005% | $3K | $8K | 50x | as long as short |
| Aevo PLTR-PERP | +0.0104% | 1h | 183.21 | +0.081% | $90 | — | 10x | as long as short |
| BloFin PLTR-USDT | +0.0120% | 8h | 183.21 | +0.082% | $82K | $187K | 20x | as long as short |
| Phoenix PLTRlong | +0.0175% | 1h | 183.06 | long leg | $30K | $119K | 10x | |
| Bybit PLTRUSDT | +0.0326% | 8h | 183.27 | +0.115% | $3.0M | $2.3M | 25x | as long as short |
| Arcus PLTR-USD | +0.0571% | 1h | 183.17 | +0.060% | $86K | $47K | 10x | as long as short |
| edgeX PLTRUSDC | +0.0826% | 4h | 183.22 | +0.087% | $43K | $261K | 10x | as long as short |
Injective PLTR/USDC PERP
Vest PLTR-USD-PERP
Polymarket Perps PLTR-USD
tradeXYZ xyz:PLTR
SoDEX PLTR-USD
Ondo Perps PLTR-USD.P
QFEX PLTR-USD
Hotstuff PLTR-PERP
KuCoin PLTRUSDTM
ApeX Omni PLTRUSDT
Aevo PLTR-PERP
BloFin PLTR-USDT
Bybit PLTRUSDT
Arcus PLTR-USD
edgeX PLTRUSDC