Funding you earn now, next payment 05:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h −0.023%
Price spread now: Lighter against Bybit−0.069%7-day average −0.094% · you buy dearer than you sell
Net, funding: paid 7d − costs−$32as in the Funding arb table
Net, price: spread back to 7d avg − costs−$31as in the Price arb table
costs, in and out, $10k−$330.335% of the position
Funding, last 7 days+0.014%+$1 on $10k
+Price spread, last 4 days (all we have)−0.021%−$2 · spread now −0.069%, 7d avg −0.094%
=Together, before fees−0.007%+ Points / potential airdropLighter: Season 3 · farm board−$1 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Lighter is 0.025% dearer against Bybit than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.094%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit PLTRUSDT | 182.93 | 0 | get 0.0000% / 8h | 3h 29m | $3.1M | $2.4M | 25x |
| Short | Lighter PLTR | 182.80 | 0.0032 | get 0.0004% / 1h | 29m 19s | $184K | $255K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Bybit. 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
- $6.72
- Price spread: −0.069% → −0.094%
- $2.52
- Slippage, 4 orders
- −$22.48
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$24.24
- Costs to cover
- 0.335%
- Break-even
- 32.3 days
Slippage from Bybit: live order book, 3 min ago; Lighter: 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 Bybit live order book, 3 min ago | 1.09 bp | 16.1 bp −$16 | 79.1 bp −$791 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 6 min ago | 0.99 bp | 1.0 bp −$1 | 10.8 bp −$108 | 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 | −0.0138% | 1h | 182.74 | −0.104% | $12.0M | $6.2M | 10x | as long as short |
| Polymarket Perps PLTR-USD | −0.0108% | 1h | 182.68 | −0.137% | $214K | $677K | 10x | as long as short |
| Hotstuff PLTR-PERP | −0.0024% | 1h | 182.75 | −0.098% | $29K | $10K | 20x | as long as short |
| Aster PLTRUSDT | 0.0000% | 8h | 183.09 | +0.089% | $60K | $44K | 50x | as long as short |
| Extended PLTR_24_5-USD | 0.0000% | 1h | 182.90 | −0.018% | $303K | $1.4M | 10x | as long as short |
| Binance PLTRUSDT | 0.0000% | 8h | 182.95 | +0.011% | $9.0M | $30.3M | 20x | as long as short |
| Bybit PLTRUSDTlong | 0.0000% | 8h | 182.93 | long leg | $3.1M | $2.4M | 25x | |
| OKX PLTR-USDT-SWAP | 0.0000% | 8h | 182.94 | +0.005% | $1.7M | $2.3M | 20x | as long as short |
| Gate PLTR_USDT | 0.0000% | 8h | 182.89 | −0.022% | $333K | $709K | 50x | as long as short |
| Bitget PLTRUSDT | 0.0000% | 8h | 182.86 | −0.038% | $3.4M | $3.0M | 20x | as long as short |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni PLTR | 0.0000% | 8h | 182.95 | +0.010% | $739K | $220K | — | as long as short |
| GRVT PLTR_USDT_Perp | 0.0000% | 8h | 182.96 | +0.016% | $15K | $659K | 10x | as long as short |
| QFEX PLTR-USD | +0.0027% | 1h | 182.93 | 0.000% | $1.2M | $2.3M | 10x | as long as short |
| Lighter PLTRshort | +0.0032% | 1h | 182.80 | −0.069% | $184K | $255K | 10x | |
| Lighter RH PLTR | +0.0032% | 1h | 182.85 | −0.043% | $367K | $595K | 10x | as long as short |
| Injective PLTR/USDC PERP | +0.0033% | 1h | 181.69 | −0.678% | $1K | $42K | 30x | as long as short |
| Arcus PLTR-USD | +0.0040% | 1h | 182.84 | −0.049% | $85K | $47K | 10x | as long as short |
| Phoenix PLTR | +0.0044% | 1h | 182.86 | −0.038% | $30K | $93K | 10x | as long as short |
| Vest PLTR-USD-PERP | +0.0046% | 1h | 183.01 | +0.044% | — | $124K | 25x | as long as short |
| SoDEX PLTR-USD | +0.0050% | 1h | 182.88 | −0.027% | $52K | $3K | 10x | as long as short |
| Ondo Perps PLTR-USD.P | +0.0050% | 1h | 182.82 | −0.060% | $354K | $1.7M | 10x | as long as short |
| Pacifica PLTR | +0.0100% | 1h | 182.82 | −0.059% | $193K | $15K | 10x | as long as short |
| KuCoin PLTRUSDTM | +0.0100% | 8h | 182.80 | −0.071% | $1.0M | $43K | 20x | as long as short |
| ApeX Omni PLTRUSDT | +0.0100% | 1h | 182.92 | −0.005% | $3K | $8K | 50x | as long as short |
| Aevo PLTR-PERP | +0.0104% | 1h | 182.90 | −0.019% | $90 | — | 10x | as long as short |
| BloFin PLTR-USDT | +0.0120% | 8h | 182.93 | 0.000% | $123K | $238K | 20x | as long as short |
| edgeX PLTRUSDC | +0.0305% | 4h | 182.90 | −0.015% | $42K | $264K | 10x | as long as short |
Bybit PLTRUSDT
Lighter PLTR
tradeXYZ xyz:PLTR
Polymarket Perps PLTR-USD
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 RH PLTR
Injective PLTR/USDC PERP
Phoenix PLTR
SoDEX PLTR-USD
Pacifica PLTR
KuCoin PLTRUSDTM
ApeX Omni PLTRUSDT
BloFin PLTR-USDT
edgeX PLTRUSDC