Funding arb · Price arb /

PLTR

RWAall PLTR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h +0.010%

Price spread now: Lighter RH against Aster−0.128%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Aster Short on Lighter RH

What this pair did over the last

the charts below follow

Funding, last 7 days+0.069%+$7 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropAster: Stage 5 · Lighter RH: Points live · farm boardneeds both histories

Funding pays, the price is against you. Lighter RH is 0.128% cheaper against Aster than usual: you would sell low and buy high (spread −0.128% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$13 on $10k: about 13 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster PLTRUSDT	184.12	0	get 0.0000% / 8h	4h 50m	$61K	$44K	50x
Short	Lighter RH PLTR	183.89	0.0032	get 0.0004% / 1h	50m 24s	$374K	$583K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter RH against Aster. 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 AsterbpFee Lighter RHbpOrdersPrice spread, now −0.128%Rate

Funding earned: $6.72
Price spread: −0.128% → 0.000%: −$12.75
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee Lighter RH: 0 bp × 2 orders: $0
Net: −$14.03
Costs to cover: 0.080%
Break-even: 21.6 days

Slippage unknown: Aster: no order-book sample; Lighter RH: live order book, 55 min ago. Net counts fees only.

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 Aster no order-book sample	—	—	—	—	—
Sell Lighter RH live order book, 55 min ago	2.18 bp	2.6 bp −$3	8.4 bp −$84	doesn't fit	doesn't fit

Aster: 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 exchanges

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 PLTRUSDTlong	0.0000%	8h	184.12	long leg	$61K	$44K	50x
Extended PLTR_24_5-USD	0.0000%	1h	183.93	−0.103%	$306K	$1.6M	10x	as long as short
Binance PLTRUSDT	0.0000%	8h	183.99	−0.073%	$9.2M	$32.3M	20x	as long as short
Bybit PLTRUSDT	0.0000%	8h	183.91	−0.116%	$2.9M	$2.5M	25x	as long as short
OKX PLTR-USDT-SWAP	0.0000%	8h	183.76	−0.198%	$1.7M	$2.5M	20x	as long as short
Gate PLTR_USDT	0.0000%	8h	183.97	−0.084%	$326K	$757K	50x	as long as short
Bitget PLTRUSDT	0.0000%	8h	183.82	−0.165%	$3.3M	$3.0M	20x	as long as short
Variational Omni PLTR	0.0000%	8h	183.94	−0.099%	$740K	$193K	—	as long as short
GRVT PLTR_USDT_Perp	0.0000%	8h	183.98	−0.079%	$21K	$472K	10x	as long as short
QFEX PLTR-USD	+0.0021%	1h	183.95	−0.094%	$1.2M	$2.1M	10x	as long as short

Show all 27 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter PLTR	+0.0032%	1h	183.85	−0.148%	$210K	$274K	10x	as long as short
Lighter RH PLTRshort	+0.0032%	1h	183.89	−0.128%	$374K	$583K	10x
Injective PLTR/USDC PERP	+0.0033%	1h	181.69	−1.322%	$1K	$42K	30x	as long as short
Arcus PLTR-USD	+0.0040%	1h	183.87	−0.138%	$84K	$35K	10x	as long as short
Vest PLTR-USD-PERP	+0.0046%	1h	184.14	+0.009%	—	$123K	25x	as long as short
tradeXYZ xyz:PLTR	+0.0050%	1h	183.84	−0.154%	$12.0M	$4.9M	10x	as long as short
Polymarket Perps PLTR-USD	+0.0050%	1h	183.79	−0.181%	$217K	$666K	10x	as long as short
SoDEX PLTR-USD	+0.0050%	1h	183.92	−0.111%	$52K	$3K	10x	as long as short
Ondo Perps PLTR-USD.P	+0.0050%	1h	183.88	−0.132%	$297K	$2.0M	10x	as long as short
Phoenix PLTR	+0.0087%	1h	183.97	−0.084%	$30K	$92K	10x	as long as short
Pacifica PLTR	+0.0100%	1h	183.90	−0.122%	$194K	$17K	10x	as long as short
KuCoin PLTRUSDTM	+0.0100%	8h	183.84	−0.154%	$1.0M	$281K	20x	as long as short
ApeX Omni PLTRUSDT	+0.0100%	1h	183.85	−0.149%	$3K	$8K	50x	as long as short
Hotstuff PLTR-PERP	+0.0104%	1h	183.85	−0.149%	$30K	$11K	20x	as long as short
Aevo PLTR-PERP	+0.0104%	1h	183.76	−0.200%	$90	—	10x	as long as short
BloFin PLTR-USDT	+0.0120%	8h	184.01	−0.062%	$128K	$255K	20x	as long as short
edgeX PLTRUSDC	+0.0960%	4h	183.96	−0.091%	$42K	$266K	10x	as long as short