Funding arb · Price arb /

PLTR

RWAall PLTR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0025%/8h= −2.8% APRpaid last 24h −0.006%

Price spread now: OKX against QFEX+0.016%7-day average +0.073% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$40as in the Price arb table

costs, in and out, $10k−$350.346% of the position

Long on QFEX Short on OKX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.002%$0 on $10k

Price spread, last 7 days−0.011%−$1 · spread now +0.016%, 7d avg +0.073%

Together, before fees−0.012%−$1 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and OKX is 0.056% cheaper against QFEX than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.073%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	QFEX PLTR-USD	182.94	0.0025	pay 0.0003% / 1h	44m 52s	$1.2M	$2.2M	10x
Short	OKX PLTR-USDT-SWAP	182.97	0	get 0.0000% / 8h	2h 44m	$1.7M	$2.3M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX against QFEX. 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

Position, each leg$Hold fordaysFee QFEXbpFee OKXbpOrdersPrice spread, now +0.016%Rate

Funding earned: −$5.34
Price spread: +0.016% → +0.073%: −$5.63
Slippage, 4 orders: −$14.61
Fee QFEX: 5 bp × 2 orders: −$10
Fee OKX: 5 bp × 2 orders: −$10
Net: −$45.59
Costs to cover: 0.346%
Break-even: never at this rate

Slippage from QFEX: live order book, 2 min ago; OKX: live order book, 2 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 QFEX live order book, 2 min ago	1.37 bp	6.5 bp −$7	8.6 bp −$86	doesn't fit	doesn't fit
Sell OKX live order book, 2 min ago	0.55 bp	10.9 bp −$11	22.9 bp −$229	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
tradeXYZ xyz:PLTR	−0.0080%	1h	182.74	−0.109%	$12.1M	$6.3M	10x	as long as short
Polymarket Perps PLTR-USD	−0.0073%	1h	182.68	−0.142%	$214K	$677K	10x	as long as short
Aster PLTRUSDT	0.0000%	8h	183.07	+0.070%	$60K	$44K	50x	as long as short
Extended PLTR_24_5-USD	0.0000%	1h	182.93	−0.007%	$303K	$1.8M	10x	as long as short
Binance PLTRUSDT	0.0000%	8h	182.99	+0.027%	$8.9M	$30.4M	20x	as long as short
Bybit PLTRUSDT	0.0000%	8h	183.02	+0.044%	$3.0M	$2.4M	25x	as long as short
OKX PLTR-USDT-SWAPshort	0.0000%	8h	182.97	+0.016%	$1.7M	$2.3M	20x
Gate PLTR_USDT	0.0000%	8h	182.93	−0.005%	$340K	$725K	50x	as long as short
Bitget PLTRUSDT	0.0000%	8h	182.90	−0.022%	$3.4M	$3.0M	20x	as long as short
Variational Omni PLTR	0.0000%	8h	182.93	−0.007%	$735K	$223K	—	as long as short

Show all 27 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT PLTR_USDT_Perp	0.0000%	8h	183.01	+0.038%	$15K	$659K	10x	as long as short
Phoenix PLTR	0.0000%	1h	182.87	−0.038%	$30K	$93K	10x	as long as short
QFEX PLTR-USDlong	+0.0025%	1h	182.94	long leg	$1.2M	$2.2M	10x
Lighter PLTR	+0.0032%	1h	182.80	−0.078%	$184K	$253K	10x	as long as short
Lighter RH PLTR	+0.0032%	1h	182.82	−0.066%	$364K	$594K	10x	as long as short
Hotstuff PLTR-PERP	+0.0032%	1h	182.74	−0.109%	$29K	$10K	20x	as long as short
Injective PLTR/USDC PERP	+0.0033%	1h	181.69	−0.683%	$1K	$42K	30x	as long as short
Arcus PLTR-USD	+0.0040%	1h	182.88	−0.033%	$86K	$47K	10x	as long as short
Vest PLTR-USD-PERP	+0.0046%	1h	183.04	+0.055%	—	$124K	25x	as long as short
SoDEX PLTR-USD	+0.0050%	1h	182.91	−0.016%	$52K	$3K	10x	as long as short
Ondo Perps PLTR-USD.P	+0.0050%	1h	182.82	−0.066%	$358K	$1.7M	10x	as long as short
Pacifica PLTR	+0.0100%	1h	182.86	−0.045%	$193K	$15K	10x	as long as short
KuCoin PLTRUSDTM	+0.0100%	8h	182.90	−0.022%	$1.0M	$48K	20x	as long as short
ApeX Omni PLTRUSDT	+0.0100%	1h	182.85	−0.049%	$3K	$8K	50x	as long as short
Aevo PLTR-PERP	+0.0104%	1h	182.93	−0.008%	$90	—	10x	as long as short
BloFin PLTR-USDT	+0.0120%	8h	182.97	+0.016%	$124K	$243K	20x	as long as short
edgeX PLTRUSDC	+0.0282%	4h	182.95	+0.006%	$42K	$265K	10x	as long as short