Funding you earn now, next payment 23:00 UTC+0.0278%/8h= +30.4% APRpaid last 24h +0.046%
Price spread now: Bybit against Polymarket Perps+0.202%7-day average +0.130% · you sell dearer than you buy
Net, funding: paid 7d − costs−$39as in the Funding arb table
Net, price: spread back to 7d avg − costs−$39as in the Price arb table
costs, in and out, $10k−$460.462% of the position
Funding, last 7 days+0.068%+$7 on $10k
+Price spread, last 3 days (all we have)−0.066%−$7 · spread now +0.202%, 7d avg +0.130%
=Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Bybit is 0.072% dearer against Polymarket Perps than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.130%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.068% in total (about 3.6% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps PLTR-USD | 182.90 | 0.0047 | pay 0.0006% / 1h | 5m 58s | $210K | $673K | 10x |
| Short | Bybit PLTRUSDT | 183.27 | 0.0325 | get 0.0325% / 8h | 1h 05m | $3.0M | $2.3M | 25x |
Polymarket Perps PLTR-USD
Bybit PLTRUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Polymarket Perps. 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
- $58.34
- Price spread: +0.202% → +0.130%
- $7.2
- Slippage, 4 orders
- −$27.24
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $19.3
- Costs to cover
- 0.462%
- Break-even
- 4.7 days
Slippage from Polymarket Perps: live order book, 12 min ago; Bybit: live order book, 6 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 Polymarket Perps live order book, 12 min ago | 2.46 bp | 6.5 bp −$6 | 7.3 bp −$73 | 12.3 bp −$1,229 | doesn't fit |
| Sell Bybit live order book, 6 min ago | 1.09 bp | 17.1 bp −$17 | 75.9 bp −$759 | doesn't fit | 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 | 183.02 | +0.065% | $60K | $37K | 50x | as long as short |
| Extended PLTR_24_5-USD | 0.0000% | 1h | 183.22 | +0.176% | $303K | $1.4M | 10x | as long as short |
| Binance PLTRUSDT | 0.0000% | 8h | 183.26 | +0.197% | $9.4M | $30.2M | 20x | as long as short |
| OKX PLTR-USDT-SWAP | 0.0000% | 8h | 183.21 | +0.169% | $1.8M | $2.3M | 20x | as long as short |
| Gate PLTR_USDT | 0.0000% | 8h | 183.11 | +0.115% | $333K | $720K | 50x | as long as short |
| Bitget PLTRUSDT | 0.0000% | 8h | 183.14 | +0.131% | $3.4M | $3.2M | 20x | as long as short |
| Variational Omni PLTR | 0.0000% | 8h | 183.20 | +0.161% | $636K | $135K | — | as long as short |
| GRVT PLTR_USDT_Perp | 0.0000% | 8h | 183.24 | +0.186% | $16K | $692K | 10x | as long as short |
| Lighter PLTR | +0.0032% | 1h | 182.99 | +0.050% | $190K | $301K | 10x | as long as short |
| Lighter RH PLTR | +0.0032% | 1h | 183.09 | +0.103% | $372K | $618K | 10x | as long as short |
Aster PLTRUSDT
Extended PLTR_24_5-USD
Binance PLTRUSDT
OKX PLTR-USDT-SWAP
Gate PLTR_USDT
Bitget PLTRUSDT
Variational Omni PLTR
GRVT PLTR_USDT_Perp
Lighter PLTR
Lighter RH PLTRShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective PLTR/USDC PERP | +0.0033% | 1h | 181.69 | −0.662% | $1K | $42K | 30x | as long as short |
| Vest PLTR-USD-PERP | +0.0046% | 1h | 183.16 | +0.142% | — | $124K | 25x | as long as short |
| Polymarket Perps PLTR-USDlong | +0.0047% | 1h | 182.90 | long leg | $210K | $673K | 10x | |
| tradeXYZ xyz:PLTR | +0.0050% | 1h | 182.98 | +0.044% | $12.1M | $6.6M | 10x | as long as short |
| SoDEX PLTR-USD | +0.0050% | 1h | 183.15 | +0.137% | $52K | $4K | 10x | as long as short |
| Ondo Perps PLTR-USD.P | +0.0050% | 1h | 182.97 | +0.038% | $399K | $1.4M | 10x | as long as short |
| Hotstuff PLTR-PERP | +0.0072% | 1h | 182.98 | +0.044% | $29K | $10K | 20x | as long as short |
| QFEX PLTR-USD | +0.0080% | 1h | 183.18 | +0.153% | $1.2M | $2.6M | 10x | as long as short |
| Pacifica PLTR | +0.0100% | 1h | 183.05 | +0.082% | $193K | $13K | 10x | as long as short |
| KuCoin PLTRUSDTM | +0.0100% | 8h | 183.08 | +0.098% | $1.1M | $24K | 20x | as long as short |
| ApeX Omni PLTRUSDT | +0.0100% | 1h | 183.06 | +0.087% | $3K | $8K | 50x | as long as short |
| Aevo PLTR-PERP | +0.0104% | 1h | 183.21 | +0.171% | $90 | — | 10x | as long as short |
| BloFin PLTR-USDT | +0.0120% | 8h | 183.21 | +0.169% | $125K | $187K | 20x | as long as short |
| Phoenix PLTR | +0.0175% | 1h | 183.06 | +0.087% | $30K | $119K | 10x | as long as short |
| Bybit PLTRUSDTshort | +0.0325% | 8h | 183.27 | +0.202% | $3.0M | $2.3M | 25x | |
| Arcus PLTR-USD | +0.0571% | 1h | 183.17 | +0.148% | $86K | $47K | 10x | as long as short |
| edgeX PLTRUSDC | +0.0916% | 4h | 183.20 | +0.164% | $42K | $260K | 10x | as long as short |
Injective PLTR/USDC PERP
Vest PLTR-USD-PERP
tradeXYZ xyz:PLTR
SoDEX PLTR-USD
Ondo Perps PLTR-USD.P
Hotstuff PLTR-PERP
QFEX PLTR-USD
Pacifica PLTR
KuCoin PLTRUSDTM
ApeX Omni PLTRUSDT
Aevo PLTR-PERP
BloFin PLTR-USDT
Phoenix PLTR
Arcus PLTR-USD
edgeX PLTRUSDC