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−0.0289%/8h= −31.7% APRpaid last 24h −0.127%
Price spread now: Bybit against edgeX−0.002%71s7-day average +0.043% · you buy dearer than you sell
Net, funding: paid 7d − costs−$138as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$490.487% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.896%−$90 on $10k
Price spread, last 4 days (all we have)+0.100%+$10 · spread now −0.002%, 7d avg +0.043%
Together, before fees−0.796%+ Points / potential airdropedgeX: Active · farm board−$80 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and Bybit is 0.045% cheaper against edgeX than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.043%). Swap the legs. The two prices were read 71 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX PLTRUSDC183.200.0289pay 0.0145% / 4h1h 46m$42K$265K10x
ShortBybit PLTRUSDT183.200get 0.0000% / 8h1h 46m$2.9M$2.5M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against edgeX. 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
−$60.72
Price spread: −0.002% → +0.043%
−$4.47
Slippage, 4 orders
−$28.67
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$113.86
Costs to cover
0.487%
Break-even
never at this rate
Slippage from edgeX: live order book, 61 min ago; Bybit: live order book, 1 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 edgeX live order book, 61 min ago6.29 bp11.7 bp −$1217.8 bp −$178doesn't fitdoesn't fit
Sell Bybit live order book, 1 min ago0.82 bp12.4 bp −$1285.3 bp −$853doesn'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−0.0156%1h182.96−0.133%$215K$677K10xas long as short
tradeXYZ xyz:PLTR−0.0039%1h183.05−0.084%$12.1M$6.3M10xas long as short
Aster PLTRUSDT0.0000%8h183.36+0.087%$61K$44K50xas long as short
Extended PLTR_24_5-USD0.0000%1h183.19−0.006%$303K$1.1M10xas long as short
Binance PLTRUSDT0.0000%8h183.23+0.014%$8.9M$30.5M20xas long as short
Bybit PLTRUSDTshort0.0000%8h183.20−0.002%$2.9M$2.5M25x
OKX PLTR-USDT-SWAP0.0000%8h183.20−0.002%$1.7M$2.3M20xas long as short
Gate PLTR_USDT0.0000%8h183.16−0.024%$340K$736K50xas long as short
Bitget PLTRUSDT0.0000%8h183.16−0.024%$3.4M$3.0M20xas long as short
Variational Omni PLTR0.0000%8h183.20+0.001%$736K$223Kas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT PLTR_USDT_Perp0.0000%8h183.26+0.032%$15K$647K10xas long as short
QFEX PLTR-USD+0.0022%1h183.16−0.024%$1.2M$2.2M10xas long as short
Lighter PLTR+0.0032%1h183.08−0.069%$184K$253K10xas long as short
Lighter RH PLTR+0.0032%1h183.13−0.040%$364K$594K10xas long as short
Injective PLTR/USDC PERP+0.0033%1h181.69−0.826%$1K$42K30xas long as short
Arcus PLTR-USD+0.0040%1h183.16−0.024%$86K$47K10xas long as short
Vest PLTR-USD-PERP+0.0046%1h183.34+0.075%$124K25xas long as short
SoDEX PLTR-USD+0.0050%1h183.16−0.024%$52K$3K10xas long as short
Ondo Perps PLTR-USD.P+0.0050%1h183.09−0.062%$366K$1.7M10xas long as short
Hotstuff PLTR-PERP+0.0056%1h183.06−0.078%$29K$10K20xas long as short
Phoenix PLTR+0.0087%1h183.15−0.029%$30K$93K10xas long as short
Pacifica PLTR+0.0100%1h183.14−0.036%$193K$15K10xas long as short
KuCoin PLTRUSDTM+0.0100%8h183.09−0.062%$1.0M$50K20xas long as short
ApeX Omni PLTRUSDT+0.0100%1h183.17−0.018%$3K$8K50xas long as short
Aevo PLTR-PERP+0.0104%1h183.200.000%$9010xas long as short
BloFin PLTR-USDT+0.0120%8h183.19−0.007%$124K$247K20xas long as short
edgeX PLTRUSDClong+0.0289%4h183.20long leg$42K$265K10x