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

PLTR

RWAall PLTR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0088%/8h= +9.6% APRpaid last 24h +0.028%
Price spread now: BloFin against Lighter+0.010%90s7-day average +0.064% · you sell dearer than you buy
Net, funding: paid 7d − costs−$7as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$250.250% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.182%+$18 on $10k
Price spread, last 4 days (all we have)+0.035%+$3 · spread now +0.010%, 7d avg +0.064%
Together, before fees+0.217%+ Points / potential airdropLighter: Season 3 · farm board+$22 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.054% cheaper against Lighter than usual: you would sell low and buy high (spread +0.010% now, against its 7-day average of +0.064%). If the spread goes back, that is −$5 on $10k: about 2.0 days of funding at the current rate (+$3 a day). The two prices were read 90 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter PLTR182.920.0032pay 0.0004% / 1h31m 35s$184K$253K10x
ShortBloFin PLTR-USDT182.940.0120get 0.0120% / 8h2h 31m$124K$243K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Lighter. 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
$18.48
Price spread: +0.010% → +0.064%
−$5.39
Slippage, 4 orders
−$13.03
Fee Lighter: 0 bp × 2 orders
$0
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$11.94
Costs to cover
0.250%
Break-even
11.5 days
Slippage from Lighter: live order book, 64 min ago; BloFin: live order book, 50 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 Lighter live order book, 64 min ago0.99 bp2.8 bp −$35.0 bp −$50doesn't fitdoesn't fit
Sell BloFin live order book, 50 min ago0.27 bp6.7 bp −$711.3 bp −$11345.4 bp −$4,543doesn'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
tradeXYZ xyz:PLTR−0.0099%1h182.88−0.022%$12.1M$6.3M10xas long as short
Polymarket Perps PLTR-USD−0.0098%1h182.79−0.072%$215K$677K10xas long as short
Aster PLTRUSDT0.0000%8h183.17+0.138%$60K$44K50xas long as short
Extended PLTR_24_5-USD0.0000%1h182.99+0.040%$303K$1.8M10xas long as short
Binance PLTRUSDT0.0000%8h183.03+0.059%$8.9M$30.5M20xas long as short
Bybit PLTRUSDT0.0000%8h183.05+0.071%$2.9M$2.5M25xas long as short
OKX PLTR-USDT-SWAP0.0000%8h183.05+0.071%$1.7M$2.3M20xas long as short
Hotstuff PLTR-PERP0.0000%1h182.82−0.055%$29K$10K20xas long as short
Gate PLTR_USDT0.0000%8h182.97+0.027%$340K$732K50xas long as short
Bitget PLTRUSDT0.0000%8h182.95+0.016%$3.4M$3.0M20xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni PLTR0.0000%8h183.02+0.055%$735K$223Kas long as short
GRVT PLTR_USDT_Perp0.0000%8h183.03+0.059%$15K$647K10xas long as short
Phoenix PLTR0.0000%1h182.92−0.001%$30K$93K10xas long as short
QFEX PLTR-USD+0.0025%1h183.02+0.054%$1.2M$2.2M10xas long as short
Lighter PLTRlong+0.0032%1h182.92long leg$184K$253K10x
Lighter RH PLTR+0.0032%1h182.96+0.019%$364K$594K10xas long as short
Injective PLTR/USDC PERP+0.0033%1h181.69−0.673%$1K$42K30xas long as short
Arcus PLTR-USD+0.0040%1h182.94+0.010%$86K$47K10xas long as short
Vest PLTR-USD-PERP+0.0046%1h183.13+0.114%$124K25xas long as short
SoDEX PLTR-USD+0.0050%1h182.95+0.016%$52K$3K10xas long as short
Ondo Perps PLTR-USD.P+0.0050%1h182.86−0.033%$358K$1.7M10xas long as short
Pacifica PLTR+0.0100%1h182.97+0.030%$193K$15K10xas long as short
KuCoin PLTRUSDTM+0.0100%8h182.92−0.001%$1.0M$48K20xas long as short
ApeX Omni PLTRUSDT+0.0100%1h183.00+0.043%$3K$8K50xas long as short
Aevo PLTR-PERP+0.0104%1h183.00+0.043%$9010xas long as short
BloFin PLTR-USDTshort+0.0120%8h182.94+0.010%$124K$243K20x
edgeX PLTRUSDC+0.0309%4h182.96+0.021%$42K$264K10xas long as short