Funding you earn now, next payment 05:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h −0.010%
Price spread now: GRVT against Lighter+0.152%108s7-day average +0.067% · you sell dearer than you buy
Net, funding: paid 7d − costs−$39as 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−0.245%+ Points / potential airdropLighter: Season 3 · GRVT: Active · farm board−$25 on $10k · with fees, hour by hour
The price spread pays, funding is against you. GRVT is 0.084% dearer against Lighter than usual: you sell high and buy low (spread +0.152% now, against its 7-day average of +0.067%): +$8 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 8.8 days. The two prices were read 108 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 | Lighter PLTR | 182.52 | 0.0032 | pay 0.0004% / 1h | 49m 44s | $184K | $255K | 10x |
| Short | GRVT PLTR_USDT_Perp | 182.80 | 0 | get 0.0000% / 8h | 3h 49m | $15K | $670K | 10x |
Lighter PLTR
GRVT PLTR_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT 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: +0.152% → +0.067%
- $8.44
- Slippage, 4 orders
- −$23.26
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$30.54
- Costs to cover
- 0.323%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 51 min ago; GRVT: live order book, 3 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, 51 min ago | 1.23 bp | 9.6 bp −$10 | 12.9 bp −$129 | doesn't fit | doesn't fit |
| Sell GRVT live order book, 3 min ago | 0.55 bp | 9.0 bp −$9 | 27.8 bp −$278 | 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 | −0.0175% | 1h | 182.45 | −0.040% | $12.0M | $6.2M | 10x | as long as short |
| Polymarket Perps PLTR-USD | −0.0141% | 1h | 182.38 | −0.078% | $214K | $677K | 10x | as long as short |
| Hotstuff PLTR-PERP | −0.0080% | 1h | 182.46 | −0.035% | $29K | $10K | 20x | as long as short |
| Aster PLTRUSDT | 0.0000% | 8h | 182.77 | +0.136% | $60K | $44K | 50x | as long as short |
| Extended PLTR_24_5-USD | 0.0000% | 1h | 182.61 | +0.046% | $302K | $1.4M | 10x | as long as short |
| Binance PLTRUSDT | 0.0000% | 8h | 182.66 | +0.075% | $9.0M | $30.4M | 20x | as long as short |
| Bybit PLTRUSDT | 0.0000% | 8h | 182.65 | +0.070% | $3.1M | $2.4M | 25x | as long as short |
| OKX PLTR-USDT-SWAP | 0.0000% | 8h | 182.66 | +0.075% | $1.7M | $2.3M | 20x | as long as short |
| Gate PLTR_USDT | 0.0000% | 8h | 182.61 | +0.048% | $332K | $707K | 50x | as long as short |
| Bitget PLTRUSDT | 0.0000% | 8h | 182.58 | +0.031% | $3.4M | $3.0M | 20x | as long as short |
tradeXYZ xyz:PLTR
Polymarket Perps PLTR-USD
Hotstuff PLTR-PERP
Aster PLTRUSDT
Extended PLTR_24_5-USD
Binance PLTRUSDT
Bybit PLTRUSDT
OKX PLTR-USDT-SWAP
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 | 182.67 | +0.082% | $738K | $220K | — | as long as short |
| GRVT PLTR_USDT_Perpshort | 0.0000% | 8h | 182.80 | +0.152% | $15K | $670K | 10x | |
| QFEX PLTR-USD | +0.0027% | 1h | 182.62 | +0.053% | $1.2M | $2.3M | 10x | as long as short |
| Lighter PLTRlong | +0.0032% | 1h | 182.52 | long leg | $184K | $255K | 10x | |
| Lighter RH PLTR | +0.0032% | 1h | 182.53 | +0.007% | $366K | $595K | 10x | as long as short |
| Injective PLTR/USDC PERP | +0.0033% | 1h | 181.69 | −0.456% | $1K | $42K | 30x | as long as short |
| edgeX PLTRUSDC | +0.0036% | 4h | 182.72 | +0.107% | $42K | $263K | 10x | as long as short |
| Arcus PLTR-USD | +0.0040% | 1h | 182.68 | +0.086% | $85K | $47K | 10x | as long as short |
| Phoenix PLTR | +0.0044% | 1h | 182.74 | +0.119% | $30K | $93K | 10x | as long as short |
| Vest PLTR-USD-PERP | +0.0046% | 1h | 182.70 | +0.097% | — | $124K | 25x | as long as short |
| SoDEX PLTR-USD | +0.0050% | 1h | 182.59 | +0.037% | $52K | $3K | 10x | as long as short |
| Ondo Perps PLTR-USD.P | +0.0050% | 1h | 182.52 | −0.002% | $354K | $1.7M | 10x | as long as short |
| Pacifica PLTR | +0.0100% | 1h | 182.57 | +0.028% | $192K | $15K | 10x | as long as short |
| KuCoin PLTRUSDTM | +0.0100% | 8h | 182.58 | +0.031% | $1.0M | $40K | 20x | as long as short |
| ApeX Omni PLTRUSDT | +0.0100% | 1h | 182.72 | +0.108% | $3K | $8K | 50x | as long as short |
| Aevo PLTR-PERP | +0.0104% | 1h | 182.60 | +0.045% | $89 | — | 10x | as long as short |
| BloFin PLTR-USDT | +0.0120% | 8h | 182.75 | +0.124% | $123K | $238K | 20x | as long as short |
Variational Omni PLTR
QFEX PLTR-USD
Lighter RH PLTR
Injective PLTR/USDC PERP
edgeX PLTRUSDC
Arcus PLTR-USD
Phoenix PLTR
Vest PLTR-USD-PERP
SoDEX PLTR-USD
Ondo Perps PLTR-USD.P
Pacifica PLTR
KuCoin PLTRUSDTM
ApeX Omni PLTRUSDT
Aevo PLTR-PERP
BloFin PLTR-USDT