Funding arb · Price arb /

PLTR

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.032%

Price spread now: Bybit against Gate+0.066%7-day average +0.032% · you sell dearer than you buy

Net, funding: paid 7d − costs−$148as in the Funding arb table

Net, price: spread back to 7d avg − costs−$150as in the Price arb table

costs, in and out, $10k−$1531.533% of the position

Long on Gate Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days+0.057%+$6 on $10k

Price spread, last 4 days (all we have)−0.100%−$10 · spread now +0.066%, 7d avg +0.032%

Together, before fees−0.043%−$4 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.034% dearer against Gate than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.032%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate PLTR_USDT	182.52	0	get 0.0000% / 8h	5h 56m	$332K	$721K	50x
Short	Bybit PLTRUSDT	182.64	0	get 0.0000% / 8h	5h 56m	$3.1M	$2.4M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against Gate. 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 GatebpFee BybitbpOrdersPrice spread, now +0.066%Rate

Funding earned: $0
Price spread: +0.066% → +0.032%: $3.41
Slippage, 4 orders: −$127.34
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$149.93
Costs to cover: 1.533%
Break-even: never at this rate

Slippage from Gate: live order book, 5 min ago; Bybit: live order book, 5 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 Gate live order book, 5 min ago	4.38 bp	67.8 bp −$68	doesn't fit	doesn't fit	doesn't fit
Sell Bybit live order book, 5 min ago	0.27 bp	19.5 bp −$19	88.2 bp −$882	doesn't fit	doesn't fit

PLTR on 26 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	−0.0189%	1h	182.37	−0.082%	$214K	$677K	10x	as long as short
tradeXYZ xyz:PLTR	−0.0156%	1h	182.45	−0.038%	$12.0M	$6.2M	10x	as long as short
Hotstuff PLTR-PERP	−0.0008%	1h	182.43	−0.049%	$29K	$10K	20x	as long as short
Aster PLTRUSDT	0.0000%	8h	182.90	+0.209%	$61K	$44K	50x	as long as short
Extended PLTR_24_5-USD	0.0000%	1h	182.58	+0.032%	$303K	$1.4M	10x	as long as short
Binance PLTRUSDT	0.0000%	8h	182.61	+0.051%	$9.0M	$30.2M	20x	as long as short
Bybit PLTRUSDTshort	0.0000%	8h	182.64	+0.066%	$3.1M	$2.4M	25x
OKX PLTR-USDT-SWAP	0.0000%	8h	182.62	+0.055%	$1.7M	$2.4M	20x	as long as short
Gate PLTR_USDTlong	0.0000%	8h	182.52	long leg	$332K	$721K	50x
Bitget PLTRUSDT	0.0000%	8h	182.63	+0.060%	$3.4M	$3.0M	20x	as long as short

Show all 26 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni PLTR	0.0000%	8h	182.67	+0.081%	$738K	$219K	—	as long as short
GRVT PLTR_USDT_Perp	0.0000%	8h	182.62	+0.056%	$15K	$670K	10x	as long as short
QFEX PLTR-USD	+0.0026%	1h	182.61	+0.049%	$1.2M	$2.4M	10x	as long as short
Lighter PLTR	+0.0032%	1h	182.50	−0.011%	$184K	$255K	10x	as long as short
Lighter RH PLTR	+0.0032%	1h	182.49	−0.014%	$366K	$598K	10x	as long as short
Injective PLTR/USDC PERP	+0.0033%	1h	181.69	−0.455%	$1K	$42K	30x	as long as short
Arcus PLTR-USD	+0.0040%	1h	182.59	+0.038%	$86K	$47K	10x	as long as short
Vest PLTR-USD-PERP	+0.0046%	1h	182.70	+0.099%	—	$124K	25x	as long as short
SoDEX PLTR-USD	+0.0050%	1h	182.57	+0.027%	$52K	$3K	10x	as long as short
Ondo Perps PLTR-USD.P	+0.0050%	1h	182.62	+0.055%	$391K	$1.6M	10x	as long as short
Phoenix PLTR	+0.0087%	1h	182.59	+0.038%	$30K	$93K	10x	as long as short
Pacifica PLTR	+0.0100%	1h	182.59	+0.040%	$192K	$14K	10x	as long as short
KuCoin PLTRUSDTM	+0.0100%	8h	182.58	+0.033%	$1.1M	$28K	20x	as long as short
ApeX Omni PLTRUSDT	+0.0100%	1h	182.54	+0.011%	$3K	$8K	50x	as long as short
Aevo PLTR-PERP	+0.0104%	1h	182.58	+0.031%	$89	—	10x	as long as short
edgeX PLTRUSDC	+0.0183%	4h	182.68	+0.090%	$42K	$263K	10x	as long as short