Funding arb · Price arb /

PLTR

RWAall PLTR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.029%

Price spread now: Bybit against Binance−0.037%7-day average +0.019% · you buy dearer than you sell

Net, funding: paid 7d − costs−$43as in the Funding arb table

Net, price: spread back to 7d avg − costs−$54as in the Price arb table

costs, in and out, $10k−$480.482% of the position

Long on Binance Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days+0.054%+$5 on $10k

Price spread, last 7 days+0.073%+$7 · spread now −0.037%, 7d avg +0.019%

Together, before fees+0.127%+$13 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.055% cheaper against Binance than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of +0.019%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance PLTRUSDT	183.70	0	get 0.0000% / 8h	7h 23m	$9.1M	$31.8M	20x
Short	Bybit PLTRUSDT	183.63	0	get 0.0000% / 8h	7h 23m	$2.9M	$2.5M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against Binance. 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 BinancebpFee BybitbpOrdersPrice spread, now −0.037%Rate

Funding earned: $0
Price spread: −0.037% → +0.019%: −$5.53
Slippage, 4 orders: −$27.23
Fee Binance: 5 bp × 2 orders: −$10
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$53.76
Costs to cover: 0.482%
Break-even: never at this rate

Slippage from Binance: live order book, 3 min ago; Bybit: live order book, 3 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 Binance live order book, 3 min ago	0.54 bp	7.0 bp −$7	18.1 bp −$181	101.3 bp −$10.1K	doesn't fit
Sell Bybit live order book, 3 min ago	2.45 bp	15.1 bp −$15	69.0 bp −$690	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
Hotstuff PLTR-PERP	−0.0232%	1h	183.48	−0.118%	$29K	$10K	20x	as long as short
Aster PLTRUSDT	0.0000%	8h	183.83	+0.072%	$61K	$44K	50x	as long as short
Extended PLTR_24_5-USD	0.0000%	1h	183.65	−0.024%	$304K	$852K	10x	as long as short
Binance PLTRUSDTlong	0.0000%	8h	183.70	long leg	$9.1M	$31.8M	20x
Bybit PLTRUSDTshort	0.0000%	8h	183.63	−0.037%	$2.9M	$2.5M	25x
OKX PLTR-USDT-SWAP	0.0000%	8h	183.71	+0.007%	$1.8M	$2.5M	20x	as long as short
Gate PLTR_USDT	0.0000%	8h	183.60	−0.053%	$325K	$795K	50x	as long as short
Bitget PLTRUSDT	0.0000%	8h	183.63	−0.037%	$3.4M	$3.2M	20x	as long as short
Variational Omni PLTR	0.0000%	8h	183.62	−0.040%	$740K	$223K	—	as long as short
GRVT PLTR_USDT_Perp	0.0000%	8h	183.72	+0.012%	$15K	$522K	10x	as long as short

Show all 27 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX PLTR-USD	+0.0011%	1h	183.66	−0.020%	$1.2M	$2.1M	10x	as long as short
Lighter PLTR	+0.0032%	1h	183.50	−0.107%	$220K	$282K	10x	as long as short
Lighter RH PLTR	+0.0032%	1h	183.54	−0.087%	$375K	$583K	10x	as long as short
Injective PLTR/USDC PERP	+0.0033%	1h	181.69	−1.093%	$1K	$42K	30x	as long as short
Arcus PLTR-USD	+0.0040%	1h	183.53	−0.091%	$84K	$49K	10x	as long as short
Vest PLTR-USD-PERP	+0.0046%	1h	183.83	+0.072%	—	$124K	25x	as long as short
tradeXYZ xyz:PLTR	+0.0048%	1h	183.50	−0.107%	$12.1M	$6.6M	10x	as long as short
Polymarket Perps PLTR-USD	+0.0050%	1h	183.53	−0.091%	$215K	$659K	10x	as long as short
SoDEX PLTR-USD	+0.0050%	1h	183.64	−0.031%	$52K	$3K	10x	as long as short
Ondo Perps PLTR-USD.P	+0.0050%	1h	183.53	−0.091%	$334K	$2.0M	10x	as long as short
Phoenix PLTR	+0.0087%	1h	183.63	−0.037%	$30K	$93K	10x	as long as short
Pacifica PLTR	+0.0100%	1h	183.57	−0.067%	$193K	$16K	10x	as long as short
KuCoin PLTRUSDTM	+0.0100%	8h	183.62	−0.042%	$1.0M	$110K	20x	as long as short
ApeX Omni PLTRUSDT	+0.0100%	1h	183.73	+0.018%	$3K	$8K	50x	as long as short
Aevo PLTR-PERP	+0.0104%	1h	183.67	−0.016%	$90	—	10x	as long as short
BloFin PLTR-USDT	+0.0120%	8h	183.69	−0.004%	$128K	$270K	20x	as long as short
edgeX PLTRUSDC	+0.0636%	4h	183.66	−0.021%	$42K	$264K	10x	as long as short