Funding arb · Price arb /

PLTR

RWAall PLTR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC−0.0013%/8h= −1.4% APRpaid last 24h −0.035%

Price spread now: Polymarket Perps against Binance−0.154%7-day average −0.106% · you buy dearer than you sell

Net, funding: paid 7d − costs−$38as in the Funding arb table

Net, price: spread back to 7d avg − costs−$38as in the Price arb table

costs, in and out, $10k−$330.327% of the position

Long on Binance Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 7 days−0.055%−$5 on $10k

Price spread, last 4 days (all we have)0.000%$0 · spread now −0.154%, 7d avg −0.106%

Together, before fees−0.054%−$5 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and Polymarket Perps is 0.049% cheaper against Binance than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.106%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance PLTRUSDT	183.46	0	get 0.0000% / 8h	5h 48m	$9.1M	$31.5M	20x
Short	Polymarket Perps PLTR-USD	183.18	−0.0013	pay 0.0002% / 1h	48m 18s	$220K	$653K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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 Polymarket PerpsbpOrdersPrice spread, now −0.154%Rate

Funding earned: −$2.7
Price spread: −0.154% → −0.106%: −$4.89
Slippage, 4 orders: −$14.7
Fee Binance: 5 bp × 2 orders: −$10
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$40.3
Costs to cover: 0.327%
Break-even: never at this rate

Slippage from Binance: live order book, 1 min ago; Polymarket Perps: live order book, 62 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, 1 min ago	0.55 bp	7.7 bp −$8	20.2 bp −$202	94.2 bp −$9,417	doesn't fit
Sell Polymarket Perps live order book, 62 min ago	3.80 bp	7.8 bp −$8	9.8 bp −$98	doesn't fit	doesn't fit

PLTR on 27 exchanges

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	−0.5280%	1h	183.86	+0.216%	$29K	$10K	20x	as long as short
Polymarket Perps PLTR-USDshort	−0.0013%	1h	183.18	−0.154%	$220K	$653K	10x
Aster PLTRUSDT	0.0000%	8h	183.57	+0.057%	$61K	$44K	50x	as long as short
Extended PLTR_24_5-USD	0.0000%	1h	183.40	−0.034%	$307K	$858K	10x	as long as short
Binance PLTRUSDTlong	0.0000%	8h	183.46	long leg	$9.1M	$31.5M	20x
Bybit PLTRUSDT	0.0000%	8h	183.47	+0.004%	$2.9M	$2.5M	25x	as long as short
OKX PLTR-USDT-SWAP	0.0000%	8h	183.53	+0.036%	$1.7M	$2.5M	20x	as long as short
Gate PLTR_USDT	0.0000%	8h	183.43	−0.018%	$325K	$755K	50x	as long as short
Bitget PLTRUSDT	0.0000%	8h	183.44	−0.013%	$3.4M	$3.2M	20x	as long as short
Variational Omni PLTR	0.0000%	8h	183.63	+0.093%	$739K	$213K	—	as long as short

Show all 27 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT PLTR_USDT_Perp	0.0000%	8h	183.70	+0.129%	$14K	$497K	10x	as long as short
tradeXYZ xyz:PLTR	+0.0009%	1h	183.32	−0.078%	$12.0M	$5.1M	10x	as long as short
Lighter PLTR	+0.0032%	1h	183.39	−0.042%	$210K	$290K	10x	as long as short
Lighter RH PLTR	+0.0032%	1h	183.43	−0.018%	$376K	$587K	10x	as long as short
Injective PLTR/USDC PERP	+0.0033%	1h	181.69	−0.967%	$1K	$42K	30x	as long as short
QFEX PLTR-USD	+0.0038%	1h	183.46	−0.002%	$1.2M	$2.1M	10x	as long as short
Vest PLTR-USD-PERP	+0.0046%	1h	183.63	+0.091%	—	$123K	25x	as long as short
SoDEX PLTR-USD	+0.0050%	1h	183.41	−0.029%	$52K	$3K	10x	as long as short
Ondo Perps PLTR-USD.P	+0.0050%	1h	183.52	+0.031%	$366K	$2.0M	10x	as long as short
Pacifica PLTR	+0.0100%	1h	183.43	−0.018%	$193K	$17K	10x	as long as short
KuCoin PLTRUSDTM	+0.0100%	8h	183.44	−0.013%	$1.0M	$214K	20x	as long as short
ApeX Omni PLTRUSDT	+0.0100%	1h	183.74	+0.151%	$3K	$8K	50x	as long as short
Aevo PLTR-PERP	+0.0104%	1h	183.41	−0.026%	$90	—	10x	as long as short
Arcus PLTR-USD	+0.0107%	1h	183.40	−0.035%	$84K	$34K	10x	as long as short
BloFin PLTR-USDT	+0.0120%	8h	183.58	+0.064%	$128K	$252K	20x	as long as short
Phoenix PLTR	+0.0174%	1h	183.45	−0.007%	$30K	$93K	10x	as long as short
edgeX PLTRUSDC	+0.0526%	4h	183.61	+0.081%	$42K	$266K	10x	as long as short