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

PLTR

RWAall PLTR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0116%/8h= −12.7% APRpaid last 24h −0.026%
Price spread now: Polymarket Perps against Gate−0.126%7-day average −0.094% · you buy dearer than you sell
Net, funding: paid 7d − costs−$155as in the Funding arb table
Net, price: spread back to 7d avg − costs−$153as in the Price arb table
costs, in and out, $10k−$1501.502% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.044%−$4 on $10k
Price spread, last 4 days (all we have)+0.020%+$2 · spread now −0.126%, 7d avg −0.094%
Together, before fees−0.024%−$2 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Polymarket Perps is 0.032% cheaper against Gate than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.094%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate PLTR_USDT183.050get 0.0000% / 8h3h 21m$336K$716K50x
ShortPolymarket Perps PLTR-USD182.82−0.0116pay 0.0014% / 1h21m 52s$215K$677K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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

Funding earned
−$24.29
Price spread: −0.126% → −0.094%
−$3.16
Slippage, 4 orders
−$127.24
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$177.68
Costs to cover
1.502%
Break-even
never at this rate
Slippage from Gate: live order book, 30 min ago; Polymarket Perps: live order book, 31 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 Gate live order book, 30 min ago3.56 bp71.2 bp −$71doesn't fitdoesn't fitdoesn't fit
Sell Polymarket Perps live order book, 31 min ago1.64 bp6.1 bp −$68.3 bp −$8314.6 bp −$1,457doesn'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
tradeXYZ xyz:PLTR−0.0140%1h182.87−0.098%$12.1M$6.3M10xas long as short
Polymarket Perps PLTR-USDshort−0.0116%1h182.82−0.126%$215K$677K10x
Hotstuff PLTR-PERP−0.0032%1h182.90−0.082%$29K$10K20xas long as short
Aster PLTRUSDT0.0000%8h183.16+0.062%$60K$44K50xas long as short
Extended PLTR_24_5-USD0.0000%1h183.02−0.017%$304K$1.4M10xas long as short
Binance PLTRUSDT0.0000%8h183.07+0.011%$9.0M$30.3M20xas long as short
Bybit PLTRUSDT0.0000%8h183.07+0.011%$3.1M$2.4M25xas long as short
OKX PLTR-USDT-SWAP0.0000%8h183.07+0.011%$1.7M$2.3M20xas long as short
Gate PLTR_USDTlong0.0000%8h183.05long leg$336K$716K50x
Bitget PLTRUSDT0.0000%8h182.99−0.033%$3.4M$3.0M20xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni PLTR0.0000%8h183.02−0.018%$735K$224Kas long as short
GRVT PLTR_USDT_Perp0.0000%8h183.02−0.016%$15K$659K10xas long as short
QFEX PLTR-USD+0.0027%1h183.03−0.011%$1.2M$2.3M10xas long as short
Lighter PLTR+0.0032%1h182.98−0.039%$184K$255K10xas long as short
Lighter RH PLTR+0.0032%1h183.01−0.023%$364K$599K10xas long as short
Injective PLTR/USDC PERP+0.0033%1h181.69−0.743%$1K$42K30xas long as short
Arcus PLTR-USD+0.0040%1h182.96−0.049%$86K$47K10xas long as short
Phoenix PLTR+0.0044%1h183.03−0.011%$30K$93K10xas long as short
Vest PLTR-USD-PERP+0.0046%1h183.14+0.049%$124K25xas long as short
SoDEX PLTR-USD+0.0050%1h183.02−0.016%$52K$3K10xas long as short
Ondo Perps PLTR-USD.P+0.0050%1h182.91−0.076%$354K$1.7M10xas long as short
Pacifica PLTR+0.0100%1h182.98−0.036%$193K$15K10xas long as short
KuCoin PLTRUSDTM+0.0100%8h182.91−0.076%$1.0M$45K20xas long as short
ApeX Omni PLTRUSDT+0.0100%1h183.03−0.011%$3K$8K50xas long as short
Aevo PLTR-PERP+0.0104%1h183.06+0.003%$9010xas long as short
BloFin PLTR-USDT+0.0120%8h183.00−0.027%$123K$238K20xas long as short
edgeX PLTRUSDC+0.0975%4h183.07+0.008%$42K$263K10xas long as short