After costs, if the gap returns to its 7d average, $10k−$28
spread now−0.057%7d average−0.074%fees + slippage, in and out−$30spread needed0.298%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix PLTR | 182.47 | 0.0176 | pay 0.0022% / 1h | 42m 22s | $30K | $117K | 10x |
| Short | Lighter PLTR | 182.37 | 0.0032 | get 0.0004% / 1h | 42m 22s | $159K | $310K | 10x |
Price spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- −$5.7
- Funding while held
- −$4.31
- Slippage, 4 orders
- −$22.82
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$39.83
- Spread needed to break even
- 0.298%
Slippage from Phoenix: live order book, 7 min ago; Lighter: live order book, 59 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0144%
- Per $10,000 a day
- −$4.31
- Average in range /8h
- —
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, 7 min ago | 2.74 bp | 9.8 bp −$10 | 20.1 bp −$201 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 59 min ago | 1.24 bp | 4.5 bp −$5 | 6.5 bp −$65 | doesn't fit | doesn't fit |
PLTR price on every exchange
against the cheapest. Click to use as the short leg.PLTR on 26 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective PLTR/USDC PERP | −0.427% | +0.0033% | 1h | $1K | $157K | 30x | as long as short |
| Polymarket Perps PLTR-USD | −0.170% | −0.0339% | 1h | $199K | $581K | 10x | as long as short |
| Hotstuff PLTR-PERP | −0.066% | +0.0072% | 1h | $29K | $10K | 20x | as long as short |
| Ondo Perps PLTR-USD.P | −0.060% | +0.0050% | 1h | $360K | $970K | 10x | as long as short |
| Lighter PLTRshort | −0.057% | +0.0032% | 1h | $159K | $310K | 10x | |
| tradeXYZ xyz:PLTR | −0.055% | +0.0050% | 1h | $12.4M | $6.2M | 10x | as long as short |
| ApeX Omni PLTRUSDT | −0.044% | +0.0100% | 1h | $4K | $6K | 50x | as long as short |
| Aster PLTRUSDT | −0.040% | 0.0000% | 8h | $58K | $23K | 50x | as long as short |
| Lighter RH PLTR | −0.038% | +0.0032% | 1h | $370K | $545K | 10x | as long as short |
| KuCoin PLTRUSDTM | −0.027% | +0.0100% | 8h | $1.1M | $44K | 20x | as long as short |
Show all 26 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Gate PLTR_USDT | −0.005% | 0.0000% | 8h | $332K | $576K | 50x | as long as short |
| Bitget PLTRUSDT | 0.000% | 0.0000% | 8h | $3.3M | $2.8M | 20x | as long as short |
| Phoenix PLTRlong | 0.000% | +0.0176% | 1h | $30K | $117K | 10x | |
| Pacifica PLTR | +0.005% | +0.0100% | 1h | $192K | $10K | 10x | as long as short |
| Extended PLTR_24_5-USD | +0.012% | 0.0000% | 1h | $308K | $1.4M | 10x | as long as short |
| OKX PLTR-USDT-SWAP | +0.016% | 0.0000% | 8h | $1.7M | $1.9M | 20x | as long as short |
| QFEX PLTR-USD | +0.016% | +0.0040% | 1h | $1.2M | $1.9M | 10x | as long as short |
| edgeX PLTRUSDC | +0.018% | +0.0662% | 4h | $42K | $261K | 10x | as long as short |
| Binance PLTRUSDT | +0.021% | 0.0000% | 8h | $9.8M | $25.6M | 20x | as long as short |
| Vest PLTR-USD-PERP | +0.022% | +0.0046% | 1h | — | $123K | 25x | as long as short |
| Aevo PLTR-PERP | +0.024% | +0.0104% | 1h | $89 | — | 10x | as long as short |
| SoDEX PLTR-USD | +0.027% | +0.0050% | 1h | $52K | $4K | 10x | as long as short |
| Arcus PLTR-USD | +0.033% | +0.0491% | 1h | $99K | $25K | 10x | as long as short |
| Variational Omni PLTR | +0.039% | 0.0000% | 8h | $637K | $162K | — | as long as short |
| BloFin PLTR-USDT | +0.044% | +0.0120% | 8h | $127K | $161K | 20x | as long as short |
| Bybit PLTRUSDT | +0.049% | +0.0113% | 8h | $3.0M | $2.0M | 25x | as long as short |
Phoenix PLTR
Lighter PLTR
Injective
Polymarket Perps
tradeXYZ
ApeX Omni
Aster
Lighter RH
KuCoin
Gate
Bitget
Pacifica
Extended
OKX
Binance
SoDEX
Variational Omni
BloFin
Bybit