Settings8H · net · $10k
Funding arb · Price arb /

PLTR

RWAall PLTR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h −0.022%
Price spread now: QFEX against Bybit−0.005%7-day average −0.065% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$37as in the Price arb table
costs, in and out, $10k−$430.430% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.047%−$5 on $10k
Price spread, last 7 days−0.044%−$4 · spread now −0.005%, 7d avg −0.065%
Together, before fees−0.091%−$9 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and QFEX is 0.059% dearer against Bybit than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.065%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit PLTRUSDT183.470get 0.0000% / 8h5m 08s$2.9M$2.5M25x
ShortQFEX PLTR-USD183.460.0032get 0.0004% / 1h5m 08s$1.2M$2.1M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

QFEX against Bybit. 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

Funding earned
$6.8
Price spread: −0.005% → −0.065%
$5.92
Slippage, 4 orders
−$21.98
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee QFEX: 5 bp × 2 orders
−$10
Net
−$30.26
Costs to cover
0.430%
Break-even
38.1 days
Slippage from Bybit: live order book, 2 min ago; QFEX: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 2 min ago1.09 bp15.9 bp −$1683.5 bp −$835doesn't fitdoesn't fit
Sell QFEX live order book, 2 min ago1.91 bp7.0 bp −$77.9 bp −$79doesn't fitdoesn't fit

PLTR on 27 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Polymarket Perps PLTR-USD−0.0193%1h183.20−0.147%$215K$677K10xas long as short
tradeXYZ xyz:PLTR−0.0031%1h183.35−0.065%$12.1M$6.4M10xas long as short
Aster PLTRUSDT0.0000%8h183.57+0.056%$61K$44K50xas long as short
Extended PLTR_24_5-USD0.0000%1h183.40−0.036%$304K$846K10xas long as short
Binance PLTRUSDT0.0000%8h183.44−0.014%$9.0M$31.0M20xas long as short
Bybit PLTRUSDTlong0.0000%8h183.47long leg$2.9M$2.5M25x
OKX PLTR-USDT-SWAP0.0000%8h183.55+0.044%$1.7M$2.3M20xas long as short
Gate PLTR_USDT0.0000%8h183.43−0.022%$325K$804K50xas long as short
Bitget PLTRUSDT0.0000%8h183.42−0.027%$3.3M$3.0M20xas long as short
Variational Omni PLTR0.0000%8h183.45−0.011%$739K$224Kas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT PLTR_USDT_Perp0.0000%8h183.52+0.027%$15K$639K10xas long as short
Lighter PLTR+0.0032%1h183.31−0.086%$203K$269K10xas long as short
Lighter RH PLTR+0.0032%1h183.40−0.038%$381K$609K10xas long as short
QFEX PLTR-USDshort+0.0032%1h183.46−0.005%$1.2M$2.1M10x
Injective PLTR/USDC PERP+0.0033%1h181.69−0.970%$1K$42K30xas long as short
Arcus PLTR-USD+0.0040%1h183.41−0.033%$86K$47K10xas long as short
Phoenix PLTR+0.0044%1h183.46−0.005%$30K$93K10xas long as short
Vest PLTR-USD-PERP+0.0046%1h183.66+0.104%$124K25xas long as short
SoDEX PLTR-USD+0.0050%1h183.41−0.033%$52K$3K10xas long as short
Ondo Perps PLTR-USD.P+0.0050%1h183.41−0.033%$325K$1.8M10xas long as short
Hotstuff PLTR-PERP+0.0064%1h183.36−0.060%$29K$10K20xas long as short
Pacifica PLTR+0.0100%1h183.470.000%$193K$15K10xas long as short
KuCoin PLTRUSDTM+0.0100%8h183.37−0.055%$1.0M$71K20xas long as short
ApeX Omni PLTRUSDT+0.0100%1h183.44−0.016%$3K$8K50xas long as short
Aevo PLTR-PERP+0.0104%1h183.44−0.015%$9010xas long as short
BloFin PLTR-USDT+0.0120%8h183.46−0.005%$125K$274K20xas long as short
edgeX PLTRUSDC+0.0879%4h183.46−0.008%$42K$265K10xas long as short