Funding you earn now, next payment 05:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h +0.010%
Price spread now: Lighter against GRVT−0.152%48s7-day average −0.067% · you buy dearer than you sell
Net, funding: paid 7d − costs−$25as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$320.323% of the position
Funding, last 7 days+0.072%+$7 on $10k
+Price spread, last 4 days (all we have)+0.174%+$17 · spread now −0.152%, 7d avg −0.067%
=Together, before fees+0.246%+ Points / potential airdropGRVT: Active · Lighter: Season 3 · farm board+$25 on $10k · with fees, hour by hour
Funding pays, the price is against you. Lighter is 0.085% cheaper against GRVT than usual: you would sell low and buy high (spread −0.152% now, against its 7-day average of −0.067%). If the spread goes back, that is −$8 on $10k: about 8.8 days of funding at the current rate (+$1 a day). The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT PLTR_USDT_Perp | 182.80 | 0 | get 0.0000% / 8h | 3h 50m | $15K | $670K | 10x |
| Short | Lighter PLTR | 182.52 | 0.0032 | get 0.0004% / 1h | 50m 15s | $184K | $255K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against GRVT. 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: −0.152% → −0.067%
- −$8.47
- Slippage, 4 orders
- −$23.26
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$34.01
- Costs to cover
- 0.323%
- Break-even
- 42.4 days
Slippage from GRVT: live order book, 3 min ago; Lighter: live order book, 50 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 GRVT live order book, 3 min ago | 0.55 bp | 11.0 bp −$11 | 22.5 bp −$225 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 50 min ago | 1.23 bp | 2.6 bp −$3 | 3.9 bp −$39 | 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 | −0.0179% | 1h | 182.43 | −0.202% | $12.0M | $6.2M | 10x | as long as short |
| Polymarket Perps PLTR-USD | −0.0141% | 1h | 182.38 | −0.230% | $214K | $677K | 10x | as long as short |
| Hotstuff PLTR-PERP | −0.0080% | 1h | 182.46 | −0.186% | $29K | $10K | 20x | as long as short |
| Aster PLTRUSDT | 0.0000% | 8h | 182.77 | −0.016% | $60K | $44K | 50x | as long as short |
| Extended PLTR_24_5-USD | 0.0000% | 1h | 182.61 | −0.104% | $302K | $1.4M | 10x | as long as short |
| Binance PLTRUSDT | 0.0000% | 8h | 182.66 | −0.077% | $9.0M | $30.4M | 20x | as long as short |
| Bybit PLTRUSDT | 0.0000% | 8h | 182.66 | −0.077% | $3.1M | $2.4M | 25x | as long as short |
| OKX PLTR-USDT-SWAP | 0.0000% | 8h | 182.66 | −0.077% | $1.7M | $2.3M | 20x | as long as short |
| Gate PLTR_USDT | 0.0000% | 8h | 182.61 | −0.104% | $332K | $706K | 50x | as long as short |
| Bitget PLTRUSDT | 0.0000% | 8h | 182.58 | −0.120% | $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 | 182.67 | −0.069% | $738K | $220K | — | as long as short |
| GRVT PLTR_USDT_Perplong | 0.0000% | 8h | 182.80 | long leg | $15K | $670K | 10x | |
| QFEX PLTR-USD | +0.0027% | 1h | 182.62 | −0.098% | $1.2M | $2.3M | 10x | as long as short |
| Lighter PLTRshort | +0.0032% | 1h | 182.52 | −0.152% | $184K | $255K | 10x | |
| Lighter RH PLTR | +0.0032% | 1h | 182.53 | −0.148% | $366K | $595K | 10x | as long as short |
| Injective PLTR/USDC PERP | +0.0033% | 1h | 181.69 | −0.607% | $1K | $42K | 30x | as long as short |
| edgeX PLTRUSDC | +0.0036% | 4h | 182.72 | −0.044% | $42K | $263K | 10x | as long as short |
| Arcus PLTR-USD | +0.0040% | 1h | 182.68 | −0.066% | $85K | $47K | 10x | as long as short |
| Phoenix PLTR | +0.0044% | 1h | 182.74 | −0.033% | $30K | $93K | 10x | as long as short |
| Vest PLTR-USD-PERP | +0.0046% | 1h | 182.70 | −0.055% | — | $124K | 25x | as long as short |
| SoDEX PLTR-USD | +0.0050% | 1h | 182.59 | −0.115% | $52K | $3K | 10x | as long as short |
| Ondo Perps PLTR-USD.P | +0.0050% | 1h | 182.52 | −0.153% | $354K | $1.7M | 10x | as long as short |
| Pacifica PLTR | +0.0100% | 1h | 182.57 | −0.123% | $192K | $15K | 10x | as long as short |
| KuCoin PLTRUSDTM | +0.0100% | 8h | 182.57 | −0.126% | $1.0M | $40K | 20x | as long as short |
| ApeX Omni PLTRUSDT | +0.0100% | 1h | 182.72 | −0.044% | $3K | $8K | 50x | as long as short |
| Aevo PLTR-PERP | +0.0104% | 1h | 182.60 | −0.107% | $89 | — | 10x | as long as short |
| BloFin PLTR-USDT | +0.0120% | 8h | 182.75 | −0.027% | $123K | $238K | 20x | as long as short |
GRVT PLTR_USDT_Perp
Lighter PLTR
tradeXYZ xyz:PLTR
Polymarket Perps PLTR-USD
Aster PLTRUSDT
Extended PLTR_24_5-USD
Binance PLTRUSDT
Bybit PLTRUSDT
OKX PLTR-USDT-SWAP
Gate PLTR_USDT
Bitget PLTRUSDT
Variational Omni PLTR
Lighter RH PLTR
Injective PLTR/USDC PERP
edgeX PLTRUSDC
Phoenix PLTR
SoDEX PLTR-USD
Pacifica PLTR
KuCoin PLTRUSDTM
ApeX Omni PLTRUSDT
BloFin PLTR-USDT