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−0.0081%/8h= −8.8% APRnext payment $0.10 per $10,000 · paid last 24h −0.010%
Price spread now: Ondo Perps against Phoenix−0.011%7-day average −0.079% · 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 7 days−0.047%−$5 on $10k
Price spread, last 3 days (all we have)−0.016%−$2 · spread now −0.011%, 7d avg −0.079%
Together, before fees−0.063%+ Points / potential airdropOndo Perps: Active · farm board−$6 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Ondo Perps is 0.068% dearer against Phoenix than usual: you sell high and buy low (spread −0.011% now, against its 7-day average of −0.079%): +$7 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 2.8 days. At the pace of the last 7 days (−0.047% in total) that is about 10 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhoenix PLTR182.920.0131pay 0.0016% / 1h38m 59s$30K$119K10x
ShortOndo Perps PLTR-USD.P182.900.0050get 0.0006% / 1h38m 59s$457K$1.5M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps 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
−$16.94
Price spread: −0.011% → −0.079%
$6.8
Slippage, 4 orders
no order book: not counted
Fee Phoenix: 3.5 bp × 2 orders
−$7
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$22.15
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: Phoenix: live order book, 31 min ago; Ondo Perps: 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 live order book, 31 min ago2.73 bp10.3 bp −$1021.1 bp −$211doesn't fitdoesn't fit
Sell Ondo Perps no order-book sample
Ondo Perps: 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
tradeXYZ xyz:PLTR−0.0004%1h182.88−0.022%$12.0M$6.5M10xas long as short
Aster PLTRUSDT0.0000%8h182.91−0.008%$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%8h183.08+0.087%$16K$692K10xas long as short
Extended PLTR_24_5-USD+0.0008%1h183.06+0.075%$303K$1.4M10xas long as short
Binance PLTRUSDT+0.0010%8h183.09+0.093%$9.3M$30.3M20xas long as short
Polymarket Perps PLTR-USD+0.0025%1h182.79−0.071%$210K$673K10xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter PLTR+0.0032%1h182.91−0.008%$184K$298K10xas long as short
Lighter RH PLTR+0.0032%1h182.96+0.022%$365K$623K10xas long as short
Injective PLTR/USDC PERP+0.0033%1h181.69−0.672%$1K$42K30xas long as short
BloFin PLTR-USDT+0.0039%8h183.07+0.082%$125K$185K20xas long as short
Vest PLTR-USD-PERP+0.0046%1h183.08+0.087%$124K25xas long as short
SoDEX PLTR-USD+0.0050%1h183.04+0.066%$52K$4K10xas long as short
Ondo Perps PLTR-USD.Pshort+0.0050%1h182.90−0.011%$457K$1.5M10x
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$14K10xas long as short
KuCoin PLTRUSDTM+0.0100%8h182.99+0.038%$1.1M$25K20xas long as short
ApeX Omni PLTRUSDT+0.0100%1h182.97+0.027%$3K$8K50xas long as short
Aevo PLTR-PERP+0.0104%1h183.07+0.082%$9010xas long as short
Hotstuff PLTR-PERP+0.0120%1h182.85−0.038%$29K$10K20xas long as short
Phoenix PLTRlong+0.0131%1h182.92long leg$30K$119K10x
Bybit PLTRUSDT+0.0310%8h183.10+0.098%$3.0M$2.3M25xas long as short
edgeX PLTRUSDC+0.0534%4h183.04+0.066%$42K$261K10xas long as short
Arcus PLTR-USD+0.0583%1h183.05+0.071%$86K$47K10xas long as short