Settings8H · net · $10k
Funding arb · Price arb /

PLTR

RWAall PLTR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0062%/8h= −6.8% APRpaid last 24h −0.026%
Price spread now: Lighter RH against BloFin−0.132%61s7-day average −0.035% · you buy dearer than you sell
Net, funding: paid 7d − costs−$41as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$230.231% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.183%−$18 on $10k
Price spread, last 3 days (all we have)+0.100%+$10 · spread now −0.132%, 7d avg −0.035%
Together, before fees−0.083%+ Points / potential airdropLighter RH: Points live · farm board−$8 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Lighter RH is 0.097% cheaper against BloFin than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of −0.035%). Swap the legs. The two prices were read 61 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin PLTR-USDT183.180.0094pay 0.0094% / 8h19m 58s$125K$185K20x
ShortLighter RH PLTR182.940.0032get 0.0004% / 1h19m 58s$364K$623K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter RH against BloFin. 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
−$13.12
Price spread: −0.132% → −0.035%
−$9.7
Slippage, 4 orders
−$11.12
Fee BloFin: 6 bp × 2 orders
−$12
Fee Lighter RH: 0 bp × 2 orders
$0
Net
−$45.95
Costs to cover
0.231%
Break-even
never at this rate
Slippage from BloFin: live order book, 50 min ago; Lighter RH: live order book, 57 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 50 min ago0.27 bp8.3 bp −$812.7 bp −$127doesn't fitdoesn't fit
Sell Lighter RH live order book, 57 min ago1.39 bp3.5 bp −$411.4 bp −$114doesn't fitdoesn't fit

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
Hotstuff PLTR-PERP−0.0048%1h182.89−0.158%$29K$10K20xas long as short
Aster PLTRUSDT0.0000%8h182.91−0.150%$60K$37K50xas long as short
Gate PLTR_USDT0.0000%8h183.01−0.093%$333K$708K50xas long as short
Bitget PLTRUSDT0.0000%8h182.99−0.104%$3.4M$3.1M20xas long as short
Variational Omni PLTR0.0000%8h183.15−0.016%$735K$217Kas long as short
GRVT PLTR_USDT_Perp0.0000%8h183.15−0.016%$16K$681K10xas long as short
OKX PLTR-USDT-SWAP+0.0017%8h183.17−0.005%$1.8M$2.2M20xas long as short
Extended PLTR_24_5-USD+0.0024%1h183.06−0.068%$303K$1.4M10xas long as short
Binance PLTRUSDT+0.0026%8h183.08−0.053%$9.3M$30.0M20xas long as short
tradeXYZ xyz:PLTR+0.0032%1h182.87−0.169%$12.0M$6.4M10xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter PLTR+0.0032%1h182.89−0.159%$184K$299K10xas long as short
Lighter RH PLTRshort+0.0032%1h182.94−0.132%$364K$623K10x
Injective PLTR/USDC PERP+0.0033%1h181.69−0.813%$1K$42K30xas long as short
Vest PLTR-USD-PERP+0.0046%1h183.06−0.066%$124K25xas long as short
Polymarket Perps PLTR-USD+0.0050%1h182.84−0.186%$210K$673K10xas long as short
SoDEX PLTR-USD+0.0050%1h183.00−0.098%$52K$4K10xas long as short
Ondo Perps PLTR-USD.P+0.0050%1h182.89−0.158%$459K$1.5M10xas long as short
QFEX PLTR-USD+0.0080%1h183.03−0.082%$1.2M$2.6M10xas long as short
BloFin PLTR-USDTlong+0.0094%8h183.18long leg$125K$185K20x
Pacifica PLTR+0.0100%1h182.92−0.143%$193K$14K10xas long as short
KuCoin PLTRUSDTM+0.0100%8h182.98−0.109%$1.1M$24K20xas long as short
ApeX Omni PLTRUSDT+0.0100%1h182.98−0.109%$3K$8K50xas long as short
Aevo PLTR-PERP+0.0104%1h183.06−0.063%$9010xas long as short
Phoenix PLTR+0.0131%1h182.99−0.104%$30K$119K10xas long as short
edgeX PLTRUSDC+0.0278%4h183.13−0.026%$42K$261K10xas long as short
Bybit PLTRUSDT+0.0311%8h183.13−0.027%$3.0M$2.2M25xas long as short
Arcus PLTR-USD+0.0583%1h183.06−0.066%$86K$46K10xas long as short