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

PLTR

RWAall PLTR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0089%/8h= −9.7% APRpaid last 24h +0.007%
Price spread now: BloFin against Phoenix+0.060%7-day average −0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs−$27as in the Funding arb table
Net, price: spread back to 7d avg − costs−$31as in the Price arb table
costs, in and out, $10k−$380.379% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.114%+$11 on $10k
Price spread, last 3 days (all we have)−0.023%−$2 · spread now +0.060%, 7d avg −0.004%
Together, before fees+0.091%+$9 on $10k · with fees, hour by hour
The price spread pays, funding is against you. BloFin is 0.065% dearer against Phoenix than usual: you sell high and buy low (spread +0.060% now, against its 7-day average of −0.004%): +$6 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.4 days. Mind the row above: over the last 7 days funding on this pair paid +0.114%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhoenix PLTR182.920.0131pay 0.0016% / 1h39m 59s$30K$119K10x
ShortBloFin PLTR-USDT183.030.0042get 0.0042% / 8h39m 59s$125K$185K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Phoenix. 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
−$18.68
Price spread: +0.060% → −0.004%
$6.46
Slippage, 4 orders
−$18.94
Fee Phoenix: 3.5 bp × 2 orders
−$7
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$50.16
Costs to cover
0.379%
Break-even
never at this rate
Slippage from Phoenix: live order book, 30 min ago; BloFin: live order book, 30 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 Phoenix live order book, 30 min ago2.73 bp10.3 bp −$1021.1 bp −$211doesn't fitdoesn't fit
Sell BloFin live order book, 30 min ago0.27 bp9.1 bp −$913.7 bp −$13752.3 bp −$5,235doesn'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
Aster PLTRUSDT0.0000%8h182.90−0.013%$60K$37K50xas long as short
OKX PLTR-USDT-SWAP0.0000%8h183.11+0.104%$1.8M$2.3M20xas long as short
Gate PLTR_USDT0.0000%8h182.97+0.027%$333K$707K50xas long as short
Bitget PLTRUSDT0.0000%8h182.99+0.038%$3.4M$3.3M20xas long as short
Variational Omni PLTR0.0000%8h183.04+0.067%$735K$234Kas long as short
GRVT PLTR_USDT_Perp0.0000%8h183.07+0.084%$16K$692K10xas long as short
tradeXYZ xyz:PLTR+0.0001%1h182.86−0.033%$12.0M$6.6M10xas long as short
Extended PLTR_24_5-USD+0.0008%1h183.05+0.070%$303K$1.4M10xas long as short
Binance PLTRUSDT+0.0010%8h183.08+0.087%$9.3M$30.3M20xas long as short
Polymarket Perps PLTR-USD+0.0028%1h182.79−0.071%$210K$673K10xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter PLTR+0.0032%1h182.91−0.007%$184K$298K10xas long as short
Lighter RH PLTR+0.0032%1h182.96+0.021%$365K$623K10xas long as short
Injective PLTR/USDC PERP+0.0033%1h181.69−0.672%$1K$42K30xas long as short
BloFin PLTR-USDTshort+0.0042%8h183.03+0.060%$125K$185K20x
Vest PLTR-USD-PERP+0.0046%1h183.04+0.066%$124K25xas long as short
SoDEX PLTR-USD+0.0050%1h183.04+0.066%$52K$4K10xas long as short
Ondo Perps PLTR-USD.P+0.0050%1h182.90−0.011%$457K$1.5M10xas long as short
QFEX PLTR-USD+0.0080%1h183.03+0.060%$1.2M$2.6M10xas long as short
Pacifica PLTR+0.0100%1h182.94+0.009%$193K$13K10xas long as short
KuCoin PLTRUSDTM+0.0100%8h182.99+0.038%$1.1M$25K20xas long as short
ApeX Omni PLTRUSDT+0.0100%1h182.94+0.011%$3K$8K50xas long as short
Aevo PLTR-PERP+0.0104%1h183.07+0.081%$9010xas long as short
Hotstuff PLTR-PERP+0.0128%1h182.86−0.033%$29K$10K20xas long as short
Phoenix PLTRlong+0.0131%1h182.92long leg$30K$119K10x
Bybit PLTRUSDT+0.0312%8h183.10+0.098%$3.0M$2.3M25xas long as short
Arcus PLTR-USD+0.0583%1h183.05+0.071%$86K$47K10xas long as short
edgeX PLTRUSDC+0.0942%4h183.05+0.072%$42K$262K10xas long as short