Funding you earn now, next payment 07:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h +0.023%
Price spread now: Bybit against Lighter+0.073%7-day average +0.093% · you sell dearer than you buy
Net, funding: paid 7d − costs−$36as in the Funding arb table
Net, price: spread back to 7d avg − costs−$36as in the Price arb table
costs, in and out, $10k−$340.341% of the position
Funding, last 7 days−0.014%−$1 on $10k
+Price spread, last 4 days (all we have)+0.014%+$1 · spread now +0.073%, 7d avg +0.093%
=Together, before fees0.000%+ Points / potential airdropLighter: Season 3 · farm board$0 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Bybit is 0.021% cheaper against Lighter than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of +0.093%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter PLTR | 183.05 | 0.0032 | pay 0.0004% / 1h | 33m 40s | $184K | $253K | 10x |
| Short | Bybit PLTRUSDT | 183.18 | 0 | get 0.0000% / 8h | 1h 33m | $2.9M | $2.5M | 25x |
Lighter PLTR
Bybit PLTRUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Lighter. 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: +0.073% → +0.093%
- −$2.08
- Slippage, 4 orders
- −$23.07
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$42.87
- Costs to cover
- 0.341%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 57 min ago; Bybit: live order book, 4 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 Lighter live order book, 57 min ago | 1.67 bp | 2.9 bp −$3 | 5.2 bp −$52 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 4 min ago | 0.27 bp | 13.9 bp −$14 | 83.4 bp −$834 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps PLTR-USD | −0.0130% | 1h | 182.93 | −0.064% | $215K | $677K | 10x | as long as short |
| tradeXYZ xyz:PLTR | −0.0049% | 1h | 183.03 | −0.009% | $12.1M | $6.3M | 10x | as long as short |
| Aster PLTRUSDT | 0.0000% | 8h | 183.34 | +0.162% | $61K | $44K | 50x | as long as short |
| Extended PLTR_24_5-USD | 0.0000% | 1h | 183.15 | +0.054% | $303K | $854K | 10x | as long as short |
| Binance PLTRUSDT | 0.0000% | 8h | 183.19 | +0.078% | $8.9M | $30.5M | 20x | as long as short |
| Bybit PLTRUSDTshort | 0.0000% | 8h | 183.18 | +0.073% | $2.9M | $2.5M | 25x | |
| OKX PLTR-USDT-SWAP | 0.0000% | 8h | 183.14 | +0.051% | $1.7M | $2.3M | 20x | as long as short |
| Hotstuff PLTR-PERP | 0.0000% | 1h | 183.02 | −0.015% | $29K | $10K | 20x | as long as short |
| Gate PLTR_USDT | 0.0000% | 8h | 183.11 | +0.034% | $340K | $738K | 50x | as long as short |
| Bitget PLTRUSDT | 0.0000% | 8h | 183.14 | +0.051% | $3.4M | $3.0M | 20x | as long as short |
Polymarket Perps PLTR-USD
tradeXYZ xyz:PLTR
Aster PLTRUSDT
Extended PLTR_24_5-USD
Binance PLTRUSDT
OKX PLTR-USDT-SWAP
Hotstuff PLTR-PERP
Gate PLTR_USDT
Bitget PLTRUSDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni PLTR | 0.0000% | 8h | 183.20 | +0.085% | $736K | $223K | — | as long as short |
| GRVT PLTR_USDT_Perp | 0.0000% | 8h | 183.23 | +0.098% | $15K | $647K | 10x | as long as short |
| QFEX PLTR-USD | +0.0022% | 1h | 183.12 | +0.040% | $1.2M | $2.2M | 10x | as long as short |
| Lighter PLTRlong | +0.0032% | 1h | 183.05 | long leg | $184K | $253K | 10x | |
| Lighter RH PLTR | +0.0032% | 1h | 183.09 | +0.023% | $364K | $594K | 10x | as long as short |
| Injective PLTR/USDC PERP | +0.0033% | 1h | 181.69 | −0.741% | $1K | $42K | 30x | as long as short |
| Arcus PLTR-USD | +0.0040% | 1h | 183.12 | +0.040% | $86K | $47K | 10x | as long as short |
| Vest PLTR-USD-PERP | +0.0046% | 1h | 183.33 | +0.155% | — | $124K | 25x | as long as short |
| SoDEX PLTR-USD | +0.0050% | 1h | 183.11 | +0.034% | $52K | $3K | 10x | as long as short |
| Ondo Perps PLTR-USD.P | +0.0050% | 1h | 183.05 | +0.002% | $351K | $1.8M | 10x | as long as short |
| Phoenix PLTR | +0.0087% | 1h | 183.14 | +0.051% | $30K | $93K | 10x | as long as short |
| Pacifica PLTR | +0.0100% | 1h | 183.11 | +0.035% | $193K | $15K | 10x | as long as short |
| KuCoin PLTRUSDTM | +0.0100% | 8h | 183.11 | +0.034% | $1.0M | $50K | 20x | as long as short |
| ApeX Omni PLTRUSDT | +0.0100% | 1h | 183.12 | +0.040% | $3K | $8K | 50x | as long as short |
| Aevo PLTR-PERP | +0.0104% | 1h | 183.14 | +0.053% | $90 | — | 10x | as long as short |
| BloFin PLTR-USDT | +0.0120% | 8h | 183.29 | +0.133% | $124K | $247K | 20x | as long as short |
| edgeX PLTRUSDC | +0.0780% | 4h | 183.20 | +0.086% | $42K | $264K | 10x | as long as short |
Variational Omni PLTR
GRVT PLTR_USDT_Perp
QFEX PLTR-USD
Lighter RH PLTR
Injective PLTR/USDC PERP
Arcus PLTR-USD
Vest PLTR-USD-PERP
SoDEX PLTR-USD
Ondo Perps PLTR-USD.P
Phoenix PLTR
Pacifica PLTR
KuCoin PLTRUSDTM
ApeX Omni PLTRUSDT
Aevo PLTR-PERP
BloFin PLTR-USDT
edgeX PLTRUSDC