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
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%
=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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix PLTR | 182.92 | 0.0131 | pay 0.0016% / 1h | 39m 59s | $30K | $119K | 10x |
| Short | BloFin PLTR-USDT | 183.03 | 0.0042 | get 0.0042% / 8h | 39m 59s | $125K | $185K | 20x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Phoenix live order book, 30 min ago | 2.73 bp | 10.3 bp −$10 | 21.1 bp −$211 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 30 min ago | 0.27 bp | 9.1 bp −$9 | 13.7 bp −$137 | 52.3 bp −$5,235 | doesn't fit |
PLTR on 27 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster PLTRUSDT | 0.0000% | 8h | 182.90 | −0.013% | $60K | $37K | 50x | as long as short |
| OKX PLTR-USDT-SWAP | 0.0000% | 8h | 183.11 | +0.104% | $1.8M | $2.3M | 20x | as long as short |
| Gate PLTR_USDT | 0.0000% | 8h | 182.97 | +0.027% | $333K | $707K | 50x | as long as short |
| Bitget PLTRUSDT | 0.0000% | 8h | 182.99 | +0.038% | $3.4M | $3.3M | 20x | as long as short |
| Variational Omni PLTR | 0.0000% | 8h | 183.04 | +0.067% | $735K | $234K | — | as long as short |
| GRVT PLTR_USDT_Perp | 0.0000% | 8h | 183.07 | +0.084% | $16K | $692K | 10x | as long as short |
| tradeXYZ xyz:PLTR | +0.0001% | 1h | 182.86 | −0.033% | $12.0M | $6.6M | 10x | as long as short |
| Extended PLTR_24_5-USD | +0.0008% | 1h | 183.05 | +0.070% | $303K | $1.4M | 10x | as long as short |
| Binance PLTRUSDT | +0.0010% | 8h | 183.08 | +0.087% | $9.3M | $30.3M | 20x | as long as short |
| Polymarket Perps PLTR-USD | +0.0028% | 1h | 182.79 | −0.071% | $210K | $673K | 10x | as long as short |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter PLTR | +0.0032% | 1h | 182.91 | −0.007% | $184K | $298K | 10x | as long as short |
| Lighter RH PLTR | +0.0032% | 1h | 182.96 | +0.021% | $365K | $623K | 10x | as long as short |
| Injective PLTR/USDC PERP | +0.0033% | 1h | 181.69 | −0.672% | $1K | $42K | 30x | as long as short |
| BloFin PLTR-USDTshort | +0.0042% | 8h | 183.03 | +0.060% | $125K | $185K | 20x | |
| Vest PLTR-USD-PERP | +0.0046% | 1h | 183.04 | +0.066% | — | $124K | 25x | as long as short |
| SoDEX PLTR-USD | +0.0050% | 1h | 183.04 | +0.066% | $52K | $4K | 10x | as long as short |
| Ondo Perps PLTR-USD.P | +0.0050% | 1h | 182.90 | −0.011% | $457K | $1.5M | 10x | as long as short |
| QFEX PLTR-USD | +0.0080% | 1h | 183.03 | +0.060% | $1.2M | $2.6M | 10x | as long as short |
| Pacifica PLTR | +0.0100% | 1h | 182.94 | +0.009% | $193K | $13K | 10x | as long as short |
| KuCoin PLTRUSDTM | +0.0100% | 8h | 182.99 | +0.038% | $1.1M | $25K | 20x | as long as short |
| ApeX Omni PLTRUSDT | +0.0100% | 1h | 182.94 | +0.011% | $3K | $8K | 50x | as long as short |
| Aevo PLTR-PERP | +0.0104% | 1h | 183.07 | +0.081% | $90 | — | 10x | as long as short |
| Hotstuff PLTR-PERP | +0.0128% | 1h | 182.86 | −0.033% | $29K | $10K | 20x | as long as short |
| Phoenix PLTRlong | +0.0131% | 1h | 182.92 | long leg | $30K | $119K | 10x | |
| Bybit PLTRUSDT | +0.0312% | 8h | 183.10 | +0.098% | $3.0M | $2.3M | 25x | as long as short |
| Arcus PLTR-USD | +0.0583% | 1h | 183.05 | +0.071% | $86K | $47K | 10x | as long as short |
| edgeX PLTRUSDC | +0.0942% | 4h | 183.05 | +0.072% | $42K | $262K | 10x | as long as short |
Phoenix PLTR
BloFin PLTR-USDT
Aster PLTRUSDT
OKX PLTR-USDT-SWAP
Gate PLTR_USDT
Bitget PLTRUSDT
Variational Omni PLTR
GRVT PLTR_USDT_Perp
tradeXYZ xyz:PLTR
Extended PLTR_24_5-USD
Binance PLTRUSDT
Polymarket Perps PLTR-USD
Lighter PLTR
Lighter RH PLTR
Injective PLTR/USDC PERP
SoDEX PLTR-USD
Pacifica PLTR
KuCoin PLTRUSDTM
ApeX Omni PLTRUSDT
Bybit PLTRUSDT
edgeX PLTRUSDC