Funding you earn now, next payment 00:00 UTC−0.0278%/8h= −30.5% APRnext payment −$0.35 per $10,000 · paid last 24h −0.028%
Price spread now: tradeXYZ against Phoenix−0.082%7-day average −0.069% · you buy dearer than you sell
Net, funding: paid 7d − costs−$65as in the Funding arb table
Net, price: spread back to 7d avg − costs−$49as in the Price arb table
costs, in and out, $10k−$470.474% of the position
Funding, last 7 days−0.173%−$17 on $10k
+Price spread, last 3 days (all we have)+0.045%+$5 · spread now −0.082%, 7d avg −0.069%
=Together, before fees−0.128%+ Points / potential airdroptradeXYZ: Active · farm board−$13 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.069%, so right now this pair is about funding alone: −$8 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.173% in total (about -9.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.35 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix PLTR | 183.27 | 0.0131 | pay 0.0016% / 1h | 59m 18s | $30K | $93K | 10x |
| Short | tradeXYZ xyz:PLTR | 183.12 | −0.0147 | pay 0.0018% / 1h | 59m 18s | $12.0M | $6.3M | 10x |
Phoenix PLTR
tradeXYZ xyz:PLTRFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- −$58.4
- Price spread: −0.082% → −0.069%
- −$1.31
- Slippage, 4 orders
- −$22.39
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$107.1
- Costs to cover
- 0.474%
- Break-even
- never at this rate
Slippage from Phoenix: live order book, just now; tradeXYZ: live order book, 10 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, just now | 3.82 bp | 12.6 bp −$13 | 27.5 bp −$275 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 10 min ago | 0.55 bp | 10.0 bp −$10 | 12.8 bp −$128 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps PLTR-USD | −0.0159% | 1h | 183.05 | −0.120% | $215K | $677K | 10x | as long as short |
| tradeXYZ xyz:PLTRshort | −0.0147% | 1h | 183.12 | −0.082% | $12.0M | $6.3M | 10x | |
| Hotstuff PLTR-PERP | −0.0032% | 1h | 183.12 | −0.082% | $29K | $10K | 20x | as long as short |
| Aster PLTRUSDT | 0.0000% | 8h | 182.97 | −0.161% | $60K | $37K | 50x | as long as short |
| Bybit PLTRUSDT | 0.0000% | 8h | 183.29 | +0.011% | $3.1M | $2.3M | 25x | as long as short |
| Gate PLTR_USDT | 0.0000% | 8h | 183.18 | −0.049% | $334K | $700K | 50x | as long as short |
| Bitget PLTRUSDT | 0.0000% | 8h | 183.22 | −0.027% | $3.4M | $3.0M | 20x | as long as short |
| Variational Omni PLTR | 0.0000% | 8h | 183.31 | +0.023% | $736K | $216K | — | as long as short |
| GRVT PLTR_USDT_Perp | 0.0000% | 8h | 183.38 | +0.059% | $16K | $670K | 10x | as long as short |
| edgeX PLTRUSDC | +0.0011% | 4h | 183.34 | +0.038% | $43K | $263K | 10x | as long as short |
Polymarket Perps PLTR-USD
Hotstuff PLTR-PERP
Aster PLTRUSDT
Bybit PLTRUSDT
Gate PLTR_USDT
Bitget PLTRUSDT
Variational Omni PLTR
GRVT PLTR_USDT_Perp
edgeX PLTRUSDCShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX PLTR-USDT-SWAP | +0.0030% | 8h | 183.26 | −0.005% | $1.7M | $2.3M | 20x | as long as short |
| Binance PLTRUSDT | +0.0032% | 8h | 183.24 | −0.016% | $9.2M | $29.7M | 20x | as long as short |
| Lighter PLTR | +0.0032% | 1h | 183.15 | −0.065% | $185K | $260K | 10x | as long as short |
| Lighter RH PLTR | +0.0032% | 1h | 183.18 | −0.049% | $365K | $602K | 10x | as long as short |
| Extended PLTR_24_5-USD | +0.0032% | 1h | 183.20 | −0.040% | $303K | $1.4M | 10x | as long as short |
| Injective PLTR/USDC PERP | +0.0033% | 1h | 181.69 | −0.862% | $1K | $42K | 30x | as long as short |
| Vest PLTR-USD-PERP | +0.0046% | 1h | 183.33 | +0.033% | — | $124K | 25x | as long as short |
| SoDEX PLTR-USD | +0.0050% | 1h | 183.19 | −0.044% | $52K | $3K | 10x | as long as short |
| Ondo Perps PLTR-USD.P | +0.0050% | 1h | 183.10 | −0.093% | $407K | $1.6M | 10x | as long as short |
| QFEX PLTR-USD | +0.0062% | 1h | 183.19 | −0.044% | $1.2M | $2.5M | 10x | as long as short |
| Pacifica PLTR | +0.0100% | 1h | 183.20 | −0.041% | $193K | $14K | 10x | as long as short |
| KuCoin PLTRUSDTM | +0.0100% | 8h | 183.14 | −0.071% | $1.1M | $24K | 20x | as long as short |
| ApeX Omni PLTRUSDT | +0.0100% | 1h | 183.23 | −0.022% | $3K | $8K | 50x | as long as short |
| Aevo PLTR-PERP | +0.0104% | 1h | 183.22 | −0.028% | $90 | — | 10x | as long as short |
| BloFin PLTR-USDT | +0.0130% | 8h | 183.35 | +0.044% | $124K | $194K | 20x | as long as short |
| Phoenix PLTRlong | +0.0131% | 1h | 183.27 | long leg | $30K | $93K | 10x | |
| Arcus PLTR-USD | +0.0599% | 1h | 183.29 | +0.011% | $86K | $46K | 10x | as long as short |
OKX PLTR-USDT-SWAP
Binance PLTRUSDT
Lighter PLTR
Lighter RH PLTR
Extended PLTR_24_5-USD
Injective PLTR/USDC PERP
Vest PLTR-USD-PERP
SoDEX PLTR-USD
Ondo Perps PLTR-USD.P
QFEX PLTR-USD
Pacifica PLTR
KuCoin PLTRUSDTM
ApeX Omni PLTRUSDT
Aevo PLTR-PERP
BloFin PLTR-USDT
Arcus PLTR-USD