Funding arb · Price arb /

PLTR

RWAall PLTR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0034%/8h= +3.8% APRpaid last 24h +0.001%

Price spread now: Binance against tradeXYZ+0.115%7-day average +0.070% · you sell dearer than you buy

Net, funding: paid 7d − costs−$34as in the Funding arb table

Net, price: spread back to 7d avg − costs−$33as in the Price arb table

costs, in and out, $10k−$380.379% of the position

Long on tradeXYZ Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.038%+$4 on $10k

Price spread, last 2 days (all we have)−0.049%−$5 · spread now +0.115%, 7d avg +0.070%

Together, before fees−0.012%+ Points / potential airdroptradeXYZ: Active · farm board−$1 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Binance is 0.045% dearer against tradeXYZ than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.070%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	tradeXYZ xyz:PLTR	183.13	−0.0002	get 0.0000% / 1h	0m 15s	$12.0M	$6.3M	10x
Short	Binance PLTRUSDT	183.34	0.0032	get 0.0032% / 8h	7h 00m	$9.2M	$29.7M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against tradeXYZ. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee tradeXYZbpFee BinancebpOrdersPrice spread, now +0.115%Rate

Funding earned: $7.21
Price spread: +0.115% → +0.070%: $4.46
Slippage, 4 orders: −$9.93
Fee tradeXYZ: 9 bp × 2 orders: −$18
Fee Binance: 5 bp × 2 orders: −$10
Net: −$26.26
Costs to cover: 0.379%
Break-even: 32.5 days

Slippage from tradeXYZ: live order book, 9 min ago; Binance: live order book, 11 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 tradeXYZ live order book, 9 min ago	0.55 bp	12.2 bp −$12	15.9 bp −$159	doesn't fit	doesn't fit
Sell Binance live order book, 11 min ago	0.27 bp	7.7 bp −$8	18.2 bp −$182	79.2 bp −$7,922	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
tradeXYZ xyz:PLTRlong	−0.0002%	1h	183.13	long leg	$12.0M	$6.3M	10x
Aster PLTRUSDT	0.0000%	8h	182.99	−0.078%	$60K	$37K	50x	as long as short
Bybit PLTRUSDT	0.0000%	8h	183.30	+0.093%	$3.1M	$2.3M	25x	as long as short
Gate PLTR_USDT	0.0000%	8h	183.23	+0.055%	$334K	$709K	50x	as long as short
Bitget PLTRUSDT	0.0000%	8h	183.28	+0.082%	$3.4M	$3.0M	20x	as long as short
Variational Omni PLTR	0.0000%	8h	183.31	+0.100%	$736K	$216K	—	as long as short
GRVT PLTR_USDT_Perp	0.0000%	8h	183.41	+0.154%	$16K	$670K	10x	as long as short
edgeX PLTRUSDC	+0.0011%	4h	183.34	+0.115%	$43K	$263K	10x	as long as short
Binance PLTRUSDTshort	+0.0032%	8h	183.34	+0.115%	$9.2M	$29.7M	20x
Lighter PLTR	+0.0032%	1h	183.14	+0.005%	$185K	$260K	10x	as long as short

Show all 27 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH PLTR	+0.0032%	1h	183.20	+0.039%	$365K	$608K	10x	as long as short
Extended PLTR_24_5-USD	+0.0032%	1h	183.28	+0.082%	$303K	$1.4M	10x	as long as short
OKX PLTR-USDT-SWAP	+0.0032%	8h	183.32	+0.104%	$1.7M	$2.3M	20x	as long as short
Polymarket Perps PLTR-USD	+0.0033%	1h	183.06	−0.038%	$215K	$677K	10x	as long as short
Injective PLTR/USDC PERP	+0.0033%	1h	181.69	−0.786%	$1K	$42K	30x	as long as short
Vest PLTR-USD-PERP	+0.0046%	1h	183.34	+0.115%	—	$124K	25x	as long as short
SoDEX PLTR-USD	+0.0050%	1h	183.28	+0.082%	$52K	$3K	10x	as long as short
Ondo Perps PLTR-USD.P	+0.0050%	1h	183.16	+0.016%	$407K	$1.6M	10x	as long as short
QFEX PLTR-USD	+0.0062%	1h	183.26	+0.071%	$1.2M	$2.4M	10x	as long as short
Pacifica PLTR	+0.0100%	1h	183.21	+0.045%	$193K	$14K	10x	as long as short
KuCoin PLTRUSDTM	+0.0100%	8h	183.16	+0.016%	$1.1M	$24K	20x	as long as short
ApeX Omni PLTRUSDT	+0.0100%	1h	183.23	+0.055%	$3K	$8K	50x	as long as short
Aevo PLTR-PERP	+0.0104%	1h	183.29	+0.087%	$90	—	10x	as long as short
Hotstuff PLTR-PERP	+0.0128%	1h	183.16	+0.016%	$29K	$10K	20x	as long as short
BloFin PLTR-USDT	+0.0130%	8h	183.35	+0.120%	$124K	$194K	20x	as long as short
Phoenix PLTR	+0.0131%	1h	183.28	+0.082%	$30K	$107K	10x	as long as short
Arcus PLTR-USD	+0.0599%	1h	183.30	+0.093%	$86K	$46K	10x	as long as short