Funding you earn now, next payment 06:00 UTC+0.0087%/8h= +9.6% APRpaid last 24h −0.004%
Price spread now: Phoenix against Bybit−0.136%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.081%+$8 on $10k
+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. Phoenix is 0.136% cheaper against Bybit than usual: you would sell low and buy high (spread −0.136% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$14 on $10k: about 5.2 days of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.081% in total) that is about 12 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit PLTRUSDT | 183.32 | 0 | get 0.0000% / 8h | 1h 29m | $2.9M | $2.5M | 25x |
| Short | Phoenix PLTR | 183.07 | 0.0087 | get 0.0011% / 1h | 29m 10s | $30K | $93K | 10x |
Bybit PLTRUSDT
Phoenix PLTRFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix against Bybit. 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
- $18.33
- Price spread: −0.136% → 0.000%
- −$13.64
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- −$13.31
- Costs to cover
- 0.180%
- Break-even
- 12.1 days
Slippage unknown: Bybit: live order book, 8 min ago; Phoenix: 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 Bybit live order book, 8 min ago | 0.27 bp | 15.6 bp −$16 | 88.7 bp −$887 | doesn't fit | doesn't fit |
| Sell Phoenix no order-book sample | — | — | — | — | — |
Phoenix: 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 | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps PLTR-USD | −0.0124% | 1h | 183.05 | −0.147% | $215K | $677K | 10x | as long as short |
| Hotstuff PLTR-PERP | −0.0104% | 1h | 183.12 | −0.109% | $29K | $10K | 20x | as long as short |
| tradeXYZ xyz:PLTR | −0.0044% | 1h | 183.15 | −0.093% | $12.1M | $6.3M | 10x | as long as short |
| Aster PLTRUSDT | 0.0000% | 8h | 183.46 | +0.077% | $61K | $44K | 50x | as long as short |
| Extended PLTR_24_5-USD | 0.0000% | 1h | 183.27 | −0.029% | $303K | $854K | 10x | as long as short |
| Binance PLTRUSDT | 0.0000% | 8h | 183.32 | −0.003% | $8.9M | $30.6M | 20x | as long as short |
| Bybit PLTRUSDTlong | 0.0000% | 8h | 183.32 | long leg | $2.9M | $2.5M | 25x | |
| OKX PLTR-USDT-SWAP | 0.0000% | 8h | 183.37 | +0.027% | $1.7M | $2.3M | 20x | as long as short |
| Gate PLTR_USDT | 0.0000% | 8h | 183.24 | −0.044% | $340K | $738K | 50x | as long as short |
| Bitget PLTRUSDT | 0.0000% | 8h | 183.26 | −0.033% | $3.3M | $3.0M | 20x | as long as short |
Polymarket Perps PLTR-USD
Hotstuff PLTR-PERP
tradeXYZ xyz:PLTR
Aster PLTRUSDT
Extended PLTR_24_5-USD
Binance PLTRUSDT
OKX PLTR-USDT-SWAP
Gate PLTR_USDT
Bitget PLTRUSDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni PLTR | 0.0000% | 8h | 183.14 | −0.097% | $736K | $223K | — | as long as short |
| GRVT PLTR_USDT_Perp | 0.0000% | 8h | 183.22 | −0.053% | $15K | $647K | 10x | as long as short |
| QFEX PLTR-USD | +0.0022% | 1h | 183.23 | −0.049% | $1.2M | $2.2M | 10x | as long as short |
| Lighter PLTR | +0.0032% | 1h | 183.16 | −0.089% | $184K | $253K | 10x | as long as short |
| Lighter RH PLTR | +0.0032% | 1h | 183.22 | −0.056% | $364K | $594K | 10x | as long as short |
| Injective PLTR/USDC PERP | +0.0033% | 1h | 181.69 | −0.889% | $1K | $42K | 30x | as long as short |
| Arcus PLTR-USD | +0.0040% | 1h | 183.14 | −0.098% | $86K | $47K | 10x | as long as short |
| Vest PLTR-USD-PERP | +0.0046% | 1h | 183.35 | +0.016% | — | $124K | 25x | as long as short |
| SoDEX PLTR-USD | +0.0050% | 1h | 183.27 | −0.027% | $52K | $3K | 10x | as long as short |
| Ondo Perps PLTR-USD.P | +0.0050% | 1h | 183.02 | −0.164% | $351K | $1.8M | 10x | as long as short |
| Phoenix PLTRshort | +0.0087% | 1h | 183.07 | −0.136% | $30K | $93K | 10x | |
| Pacifica PLTR | +0.0100% | 1h | 183.16 | −0.086% | $193K | $15K | 10x | as long as short |
| KuCoin PLTRUSDTM | +0.0100% | 8h | 183.13 | −0.104% | $1.0M | $50K | 20x | as long as short |
| ApeX Omni PLTRUSDT | +0.0100% | 1h | 183.12 | −0.109% | $3K | $8K | 50x | as long as short |
| Aevo PLTR-PERP | +0.0104% | 1h | 183.26 | −0.032% | $90 | — | 10x | as long as short |
| BloFin PLTR-USDT | +0.0120% | 8h | 183.31 | −0.005% | $124K | $249K | 20x | as long as short |
| edgeX PLTRUSDC | +0.0275% | 4h | 183.14 | −0.100% | $42K | $265K | 10x | as long as short |
Variational Omni PLTR
GRVT PLTR_USDT_Perp
QFEX PLTR-USD
Lighter PLTR
Lighter RH PLTR
Injective PLTR/USDC PERP
Arcus PLTR-USD
Vest PLTR-USD-PERP
SoDEX PLTR-USD
Ondo Perps PLTR-USD.P
Pacifica PLTR
KuCoin PLTRUSDTM
ApeX Omni PLTRUSDT
Aevo PLTR-PERP
BloFin PLTR-USDT
edgeX PLTRUSDC