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

PLTR

RWAall PLTR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0087%/8h= −9.6% APRnext payment $0.11 per $10,000 · paid last 24h −0.018%
Price spread now: Hotstuff against Phoenix−0.049%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHotstuff: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Hotstuff is 0.049% cheaper against Phoenix than usual: you would sell low and buy high (−$5 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhoenix PLTR183.380.0087pay 0.0011% / 1h1m 21s$30K$93K10x
ShortHotstuff PLTR-PERP183.290get 0.0000% / 1h1m 21s$29K$10K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hotstuff 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
−$18.33
Price spread: −0.049% → 0.000%
−$4.91
Slippage, 4 orders
no order book: not counted
Fee Phoenix: 3.5 bp × 2 orders
−$7
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Net
−$35.24
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: Phoenix: no order-book sample; Hotstuff: no order-book sample. Net counts fees only.

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 no order-book sample
Sell Hotstuff no order-book sample
Phoenix and Hotstuff: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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−0.0062%1h183.17−0.115%$215K$677K10xas long as short
Aster PLTRUSDT0.0000%8h183.50+0.067%$61K$44K50xas long as short
Extended PLTR_24_5-USD0.0000%1h183.38−0.002%$304K$852K10xas long as short
Binance PLTRUSDT0.0000%8h183.42+0.022%$8.9M$30.6M20xas long as short
Bybit PLTRUSDT0.0000%8h183.43+0.027%$2.9M$2.5M25xas long as short
OKX PLTR-USDT-SWAP0.0000%8h183.45+0.038%$1.7M$2.3M20xas long as short
Hotstuff PLTR-PERPshort0.0000%1h183.29−0.049%$29K$10K20x
Gate PLTR_USDT0.0000%8h183.33−0.027%$334K$764K50xas long as short
Bitget PLTRUSDT0.0000%8h183.27−0.060%$3.3M$3.0M20xas long as short
Variational Omni PLTR0.0000%8h183.42+0.023%$737K$224Kas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT PLTR_USDT_Perp0.0000%8h183.40+0.011%$15K$647K10xas long as short
tradeXYZ xyz:PLTR+0.0011%1h183.29−0.049%$12.1M$6.3M10xas long as short
QFEX PLTR-USD+0.0022%1h183.37−0.005%$1.2M$2.2M10xas long as short
Lighter PLTR+0.0032%1h183.28−0.057%$185K$254K10xas long as short
Lighter RH PLTR+0.0032%1h183.32−0.031%$365K$594K10xas long as short
Injective PLTR/USDC PERP+0.0033%1h181.69−0.922%$1K$42K30xas long as short
Arcus PLTR-USD+0.0040%1h183.34−0.022%$86K$47K10xas long as short
Vest PLTR-USD-PERP+0.0046%1h183.57+0.104%$124K25xas long as short
SoDEX PLTR-USD+0.0050%1h183.35−0.016%$52K$3K10xas long as short
Ondo Perps PLTR-USD.P+0.0050%1h183.31−0.038%$353K$1.8M10xas long as short
Phoenix PLTRlong+0.0087%1h183.38long leg$30K$93K10x
Pacifica PLTR+0.0100%1h183.32−0.033%$193K$15K10xas long as short
KuCoin PLTRUSDTM+0.0100%8h183.26−0.065%$1.0M$50K20xas long as short
ApeX Omni PLTRUSDT+0.0100%1h183.36−0.011%$3K$8K50xas long as short
Aevo PLTR-PERP+0.0104%1h183.39+0.005%$9010xas long as short
BloFin PLTR-USDT+0.0120%8h183.37−0.005%$124K$249K20xas long as short
edgeX PLTRUSDC+0.0749%4h183.40+0.009%$42K$265K10xas long as short