Funding arb · Price arb /

PLTR

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.012%

Price spread now: SoDEX against Binance−0.033%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Binance Short on SoDEX

What this pair did over the last

the charts below follow

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

Funding pays, the price is against you. SoDEX is 0.033% cheaper against Binance than usual: you would sell low and buy high (spread −0.033% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 2.2 days of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance PLTRUSDT	184.07	0	get 0.0000% / 8h	7h 37m	$9.1M	$31.7M	20x
Short	SoDEX PLTR-USD	184.01	0.0050	get 0.0006% / 1h	37m 03s	$52K	$3K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX 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 SoDEXbpOrdersPrice spread, now −0.033%Rate

Funding earned: $10.5
Price spread: −0.033% → 0.000%: −$3.26
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$10.76
Costs to cover: 0.180%
Break-even: 14.2 days

Slippage unknown: Binance: live order book, 5 min ago; SoDEX: no order-book sample. 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 Binance live order book, 5 min ago	0.54 bp	7.0 bp −$7	18.4 bp −$184	94.5 bp −$9,447	doesn't fit
Sell SoDEX no order-book sample	—	—	—	—	—

SoDEX: 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
Hotstuff PLTR-PERP	−0.0208%	1h	183.95	−0.065%	$29K	$10K	20x	as long as short
Aster PLTRUSDT	0.0000%	8h	184.06	−0.006%	$61K	$44K	50x	as long as short
Extended PLTR_24_5-USD	0.0000%	1h	184.03	−0.024%	$304K	$852K	10x	as long as short
Binance PLTRUSDTlong	0.0000%	8h	184.07	long leg	$9.1M	$31.7M	20x
Bybit PLTRUSDT	0.0000%	8h	184.06	−0.005%	$2.9M	$2.5M	25x	as long as short
OKX PLTR-USDT-SWAP	0.0000%	8h	184.08	+0.005%	$1.8M	$2.5M	20x	as long as short
Gate PLTR_USDT	0.0000%	8h	183.98	−0.049%	$326K	$789K	50x	as long as short
Bitget PLTRUSDT	0.0000%	8h	184.01	−0.033%	$3.4M	$3.1M	20x	as long as short
Variational Omni PLTR	0.0000%	8h	183.72	−0.188%	$741K	$223K	—	as long as short
GRVT PLTR_USDT_Perp	0.0000%	8h	183.91	−0.089%	$15K	$521K	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	184.02	−0.027%	$1.2M	$2.1M	10x	as long as short
tradeXYZ xyz:PLTR	+0.0011%	1h	183.89	−0.098%	$12.1M	$6.6M	10x	as long as short
Lighter PLTR	+0.0032%	1h	183.88	−0.104%	$221K	$282K	10x	as long as short
Lighter RH PLTR	+0.0032%	1h	183.91	−0.090%	$379K	$580K	10x	as long as short
Injective PLTR/USDC PERP	+0.0033%	1h	181.69	−1.293%	$1K	$42K	30x	as long as short
Arcus PLTR-USD	+0.0040%	1h	183.98	−0.049%	$84K	$49K	10x	as long as short
Vest PLTR-USD-PERP	+0.0046%	1h	184.14	+0.038%	—	$124K	25x	as long as short
Polymarket Perps PLTR-USD	+0.0050%	1h	183.88	−0.103%	$216K	$666K	10x	as long as short
SoDEX PLTR-USDshort	+0.0050%	1h	184.01	−0.033%	$52K	$3K	10x
Ondo Perps PLTR-USD.P	+0.0050%	1h	183.94	−0.071%	$310K	$2.0M	10x	as long as short
Phoenix PLTR	+0.0087%	1h	183.98	−0.049%	$30K	$93K	10x	as long as short
Pacifica PLTR	+0.0100%	1h	184.01	−0.033%	$194K	$16K	10x	as long as short
KuCoin PLTRUSDTM	+0.0100%	8h	183.86	−0.114%	$1.0M	$94K	20x	as long as short
ApeX Omni PLTRUSDT	+0.0100%	1h	183.83	−0.130%	$3K	$8K	50x	as long as short
Aevo PLTR-PERP	+0.0104%	1h	183.96	−0.059%	$90	—	10x	as long as short
BloFin PLTR-USDT	+0.0120%	8h	184.13	+0.033%	$128K	$277K	20x	as long as short
edgeX PLTRUSDC	+0.0649%	4h	183.89	−0.100%	$42K	$265K	10x	as long as short