Funding you earn now, next payment 07:00 UTC−0.0011%/8h= −1.2% APRnext payment −$0.01 per $10,000 · paid last 24h −0.018%
Price spread now: QFEX against Phoenix+0.027%7-day average — · you sell dearer than you buy
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
=Together, before fees—needs both histories
The price spread pays, funding is against you. QFEX is 0.027% dearer against Phoenix than usual: you sell high and buy low (spread +0.027% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 8.1 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix PLTR | 183.54 | 0.0044 | pay 0.0005% / 1h | 59m 25s | $30K | $93K | 10x |
| Short | QFEX PLTR-USD | 183.59 | 0.0032 | get 0.0004% / 1h | 59m 25s | $1.2M | $2.1M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX 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
- −$2.36
- Price spread: +0.027% → 0.000%
- $2.72
- Slippage, 4 orders
- no order book: not counted
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$16.63
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Phoenix: no order-book sample; QFEX: live order book, 3 min ago. 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 QFEX live order book, 3 min ago | 1.36 bp | 6.5 bp −$6 | 10.0 bp −$100 | doesn't fit | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:PLTR | −0.0107% | 1h | 183.40 | −0.076% | $12.1M | $6.4M | 10x | as long as short |
| Aster PLTRUSDT | 0.0000% | 8h | 183.67 | +0.071% | $61K | $44K | 50x | as long as short |
| Extended PLTR_24_5-USD | 0.0000% | 1h | 183.47 | −0.039% | $304K | $845K | 10x | as long as short |
| Binance PLTRUSDT | 0.0000% | 8h | 183.53 | −0.005% | $9.1M | $31.2M | 20x | as long as short |
| Bybit PLTRUSDT | 0.0000% | 8h | 183.54 | 0.000% | $2.9M | $2.5M | 25x | as long as short |
| OKX PLTR-USDT-SWAP | 0.0000% | 8h | 183.62 | +0.044% | $1.8M | $2.4M | 20x | as long as short |
| Gate PLTR_USDT | 0.0000% | 8h | 183.53 | −0.005% | $325K | $770K | 50x | as long as short |
| Bitget PLTRUSDT | 0.0000% | 8h | 183.55 | +0.005% | $3.4M | $3.1M | 20x | as long as short |
| Variational Omni PLTR | 0.0000% | 8h | 183.51 | −0.016% | $739K | $224K | — | as long as short |
| GRVT PLTR_USDT_Perp | 0.0000% | 8h | 183.53 | −0.005% | $15K | $535K | 10x | as long as short |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter PLTR | +0.0032% | 1h | 183.42 | −0.066% | $203K | $244K | 10x | as long as short |
| Lighter RH PLTR | +0.0032% | 1h | 183.50 | −0.021% | $381K | $574K | 10x | as long as short |
| QFEX PLTR-USDshort | +0.0032% | 1h | 183.59 | +0.027% | $1.2M | $2.1M | 10x | |
| Injective PLTR/USDC PERP | +0.0033% | 1h | 181.69 | −1.008% | $1K | $42K | 30x | as long as short |
| Arcus PLTR-USD | +0.0040% | 1h | 183.54 | 0.000% | $86K | $47K | 10x | as long as short |
| Phoenix PLTRlong | +0.0044% | 1h | 183.54 | long leg | $30K | $93K | 10x | |
| Vest PLTR-USD-PERP | +0.0046% | 1h | 183.77 | +0.125% | — | $124K | 25x | as long as short |
| Hotstuff PLTR-PERP | +0.0048% | 1h | 183.40 | −0.076% | $29K | $10K | 20x | as long as short |
| Polymarket Perps PLTR-USD | +0.0050% | 1h | 183.15 | −0.212% | $215K | $677K | 10x | as long as short |
| SoDEX PLTR-USD | +0.0050% | 1h | 183.48 | −0.033% | $52K | $3K | 10x | as long as short |
| Ondo Perps PLTR-USD.P | +0.0050% | 1h | 183.41 | −0.071% | $327K | $1.8M | 10x | as long as short |
| Pacifica PLTR | +0.0100% | 1h | 183.50 | −0.020% | $193K | $16K | 10x | as long as short |
| KuCoin PLTRUSDTM | +0.0100% | 8h | 183.45 | −0.049% | $1.0M | $77K | 20x | as long as short |
| ApeX Omni PLTRUSDT | +0.0100% | 1h | 183.49 | −0.027% | $3K | $8K | 50x | as long as short |
| Aevo PLTR-PERP | +0.0104% | 1h | 183.52 | −0.011% | $90 | — | 10x | as long as short |
| BloFin PLTR-USDT | +0.0120% | 8h | 183.53 | −0.005% | $125K | $274K | 20x | as long as short |
| edgeX PLTRUSDC | +0.0561% | 4h | 183.53 | −0.004% | $42K | $265K | 10x | as long as short |
Phoenix PLTR
tradeXYZ xyz:PLTR
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_Perp
Lighter PLTR
Lighter RH PLTR
Injective PLTR/USDC PERP
Polymarket Perps PLTR-USD
SoDEX PLTR-USD
Pacifica PLTR
KuCoin PLTRUSDTM
ApeX Omni PLTRUSDT
BloFin PLTR-USDT
edgeX PLTRUSDC