Funding you earn now, next payment 21:00 UTC−0.0248%/8h= −27.2% APRpaid last 24h −0.048%
Price spread now: Polymarket Perps against Bybit−0.175%7-day average −0.128% · you buy dearer than you sell
Net, funding: paid 7d − costs−$59as in the Funding arb table
Net, price: spread back to 7d avg − costs−$57as in the Price arb table
costs, in and out, $10k−$520.522% of the position
Funding, last 7 days−0.066%−$7 on $10k
+Price spread, last 3 days (all we have)+0.071%+$7 · spread now −0.175%, 7d avg −0.128%
=Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Polymarket Perps is 0.047% cheaper against Bybit than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.128%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.066% in total (about -3.4% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit PLTRUSDT | 183.03 | 0.0127 | pay 0.0127% / 8h | 3h 31m | $3.0M | $2.3M | 25x |
| Short | Polymarket Perps PLTR-USD | 182.71 | −0.0121 | pay 0.0015% / 1h | 31m 23s | $198K | $592K | 10x |
Bybit PLTRUSDT
Polymarket Perps PLTR-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps 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
- −$52.14
- Price spread: −0.175% → −0.128%
- −$4.66
- Slippage, 4 orders
- −$33.2
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$109.01
- Costs to cover
- 0.522%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 1 min ago; Polymarket Perps: live order book, 16 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 Bybit live order book, 1 min ago | 2.73 bp | 13.4 bp −$13 | 76.9 bp −$769 | doesn't fit | doesn't fit |
| Sell Polymarket Perps live order book, 16 min ago | 1.91 bp | 7.5 bp −$8 | 8.6 bp −$86 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps PLTR-USDshort | −0.0121% | 1h | 182.71 | −0.175% | $198K | $592K | 10x | |
| Aster PLTRUSDT | 0.0000% | 8h | 182.71 | −0.175% | $60K | $37K | 50x | as long as short |
| Extended PLTR_24_5-USD | 0.0000% | 1h | 183.01 | −0.011% | $309K | $1.4M | 10x | as long as short |
| Binance PLTRUSDT | 0.0000% | 8h | 183.03 | 0.000% | $9.4M | $29.9M | 20x | as long as short |
| OKX PLTR-USDT-SWAP | 0.0000% | 8h | 183.07 | +0.022% | $1.7M | $2.2M | 20x | as long as short |
| Gate PLTR_USDT | 0.0000% | 8h | 182.93 | −0.055% | $333K | $706K | 50x | as long as short |
| Bitget PLTRUSDT | 0.0000% | 8h | 182.94 | −0.049% | $3.4M | $3.3M | 20x | as long as short |
| Variational Omni PLTR | 0.0000% | 8h | 183.03 | −0.001% | $638K | $133K | — | as long as short |
| GRVT PLTR_USDT_Perp | 0.0000% | 8h | 183.04 | +0.006% | $16K | $713K | 10x | as long as short |
| tradeXYZ xyz:PLTR | +0.0031% | 1h | 182.79 | −0.131% | $12.2M | $6.9M | 10x | as long as short |
Aster PLTRUSDT
Extended PLTR_24_5-USD
Binance PLTRUSDT
OKX PLTR-USDT-SWAP
Gate PLTR_USDT
Bitget PLTRUSDT
Variational Omni PLTR
GRVT PLTR_USDT_Perp
tradeXYZ xyz:PLTRShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter PLTR | +0.0032% | 1h | 182.79 | −0.132% | $182K | $311K | 10x | as long as short |
| Lighter RH PLTR | +0.0032% | 1h | 182.95 | −0.043% | $373K | $580K | 10x | as long as short |
| Injective PLTR/USDC PERP | +0.0033% | 1h | 181.69 | −0.732% | $1K | $42K | 30x | as long as short |
| QFEX PLTR-USD | +0.0043% | 1h | 183.01 | −0.011% | $1.2M | $2.5M | 10x | as long as short |
| Vest PLTR-USD-PERP | +0.0046% | 1h | 182.94 | −0.049% | — | $123K | 25x | as long as short |
| SoDEX PLTR-USD | +0.0050% | 1h | 182.95 | −0.044% | $52K | $4K | 10x | as long as short |
| Ondo Perps PLTR-USD.P | +0.0050% | 1h | 182.87 | −0.087% | $333K | $1.3M | 10x | as long as short |
| Hotstuff PLTR-PERP | +0.0056% | 1h | 182.78 | −0.137% | $29K | $10K | 20x | as long as short |
| Phoenix PLTR | +0.0087% | 1h | 182.91 | −0.066% | $30K | $119K | 10x | as long as short |
| Pacifica PLTR | +0.0100% | 1h | 182.89 | −0.078% | $193K | $13K | 10x | as long as short |
| KuCoin PLTRUSDTM | +0.0100% | 8h | 182.81 | −0.120% | $1.1M | $28K | 20x | as long as short |
| ApeX Omni PLTRUSDT | +0.0100% | 1h | 183.00 | −0.016% | $3K | $8K | 50x | as long as short |
| Aevo PLTR-PERP | +0.0104% | 1h | 183.02 | −0.003% | $90 | — | 10x | as long as short |
| BloFin PLTR-USDT | +0.0120% | 8h | 183.03 | 0.000% | $126K | $181K | 20x | as long as short |
| Bybit PLTRUSDTlong | +0.0127% | 8h | 183.03 | long leg | $3.0M | $2.3M | 25x | |
| edgeX PLTRUSDC | +0.0185% | 4h | 183.01 | −0.011% | $43K | $261K | 10x | as long as short |
| Arcus PLTR-USD | +0.0354% | 1h | 182.97 | −0.033% | $86K | $46K | 10x | as long as short |
Lighter PLTR
Lighter RH PLTR
Injective PLTR/USDC PERP
QFEX PLTR-USD
Vest PLTR-USD-PERP
SoDEX PLTR-USD
Ondo Perps PLTR-USD.P
Hotstuff PLTR-PERP
Phoenix PLTR
Pacifica PLTR
KuCoin PLTRUSDTM
ApeX Omni PLTRUSDT
Aevo PLTR-PERP
BloFin PLTR-USDT
edgeX PLTRUSDC
Arcus PLTR-USD