Funding you earn now, next payment 22:00 UTC+0.0043%/8h= +4.7% APRnext payment +$0.05 per $10,000 · paid last 24h −0.009%
Price spread now: QFEX against Lighter+0.153%7-day average +0.053% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$25as in the Price arb table
costs, in and out, $10k−$350.353% of the position
Funding, last 3 days (all we have)−0.032%−$3 on $10k
+Price spread, last 4 days (all we have)0.000%$0 · spread now +0.153%, 7d avg +0.053%
=Together, before fees−0.032%+ Points / potential airdropLighter: Season 3 · farm board−$3 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 QFEX is 0.100% dearer against Lighter than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of +0.053%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter PLTR | 182.79 | 0.0032 | pay 0.0004% / 1h | 8m 02s | $190K | $323K | 10x |
| Short | QFEX PLTR-USD | 183.07 | 0.0075 | get 0.0009% / 1h | 8m 02s | $1.2M | $2.5M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX 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
- $9.06
- Price spread: +0.153% → +0.053%
- $10
- Slippage, 4 orders
- −$25.27
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$16.21
- Costs to cover
- 0.353%
- Break-even
- 19.5 days
Slippage from Lighter: live order book, 6 min ago; QFEX: 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, 6 min ago | 0.49 bp | 0.5 bp −$1 | 23.2 bp −$232 | doesn't fit | doesn't fit |
| Sell QFEX live order book, 4 min ago | 1.37 bp | 6.6 bp −$7 | 9.2 bp −$92 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff PLTR-PERP | −0.0168% | 1h | 182.87 | +0.044% | $29K | $10K | 20x | as long as short |
| Polymarket Perps PLTR-USD | −0.0018% | 1h | 182.77 | −0.011% | $210K | $676K | 10x | as long as short |
| Aster PLTRUSDT | 0.0000% | 8h | 182.85 | +0.030% | $60K | $37K | 50x | as long as short |
| Extended PLTR_24_5-USD | 0.0000% | 1h | 183.07 | +0.154% | $303K | $1.4M | 10x | as long as short |
| Binance PLTRUSDT | 0.0000% | 8h | 183.10 | +0.167% | $9.3M | $30.1M | 20x | as long as short |
| OKX PLTR-USDT-SWAP | 0.0000% | 8h | 183.05 | +0.142% | $1.7M | $2.2M | 20x | as long as short |
| Gate PLTR_USDT | 0.0000% | 8h | 182.99 | +0.109% | $333K | $711K | 50x | as long as short |
| Bitget PLTRUSDT | 0.0000% | 8h | 182.97 | +0.098% | $3.4M | $3.3M | 20x | as long as short |
| Variational Omni PLTR | 0.0000% | 8h | 183.11 | +0.176% | $635K | $136K | — | as long as short |
| GRVT PLTR_USDT_Perp | 0.0000% | 8h | 183.12 | +0.181% | $16K | $705K | 10x | as long as short |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter PLTRlong | +0.0032% | 1h | 182.79 | long leg | $190K | $323K | 10x | |
| Lighter RH PLTR | +0.0032% | 1h | 182.90 | +0.061% | $377K | $620K | 10x | as long as short |
| Injective PLTR/USDC PERP | +0.0033% | 1h | 181.69 | −0.602% | $1K | $42K | 30x | as long as short |
| Vest PLTR-USD-PERP | +0.0046% | 1h | 183.00 | +0.115% | — | $123K | 25x | as long as short |
| tradeXYZ xyz:PLTR | +0.0050% | 1h | 182.87 | +0.044% | $12.1M | $6.8M | 10x | as long as short |
| SoDEX PLTR-USD | +0.0050% | 1h | 182.97 | +0.098% | $52K | $4K | 10x | as long as short |
| Ondo Perps PLTR-USD.P | +0.0050% | 1h | 182.91 | +0.066% | $367K | $1.3M | 10x | as long as short |
| QFEX PLTR-USDshort | +0.0075% | 1h | 183.07 | +0.153% | $1.2M | $2.5M | 10x | |
| Phoenix PLTR | +0.0088% | 1h | 182.92 | +0.071% | $30K | $119K | 10x | as long as short |
| Pacifica PLTR | +0.0100% | 1h | 182.86 | +0.036% | $193K | $13K | 10x | as long as short |
| KuCoin PLTRUSDTM | +0.0100% | 8h | 182.85 | +0.033% | $1.1M | $24K | 20x | as long as short |
| ApeX Omni PLTRUSDT | +0.0100% | 1h | 182.86 | +0.038% | $3K | $8K | 50x | as long as short |
| Aevo PLTR-PERP | +0.0104% | 1h | 183.06 | +0.146% | $90 | — | 10x | as long as short |
| BloFin PLTR-USDT | +0.0120% | 8h | 183.12 | +0.181% | $125K | $188K | 20x | as long as short |
| edgeX PLTRUSDC | +0.0146% | 4h | 183.11 | +0.176% | $42K | $260K | 10x | as long as short |
| Bybit PLTRUSDT | +0.0286% | 8h | 183.14 | +0.191% | $3.0M | $2.3M | 25x | as long as short |
| Arcus PLTR-USD | +0.0416% | 1h | 183.04 | +0.137% | $86K | $47K | 10x | as long as short |
Lighter 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
tradeXYZ xyz:PLTR
SoDEX PLTR-USD
Phoenix PLTR
Pacifica PLTR
KuCoin PLTRUSDTM
ApeX Omni PLTRUSDT
BloFin PLTR-USDT
edgeX PLTRUSDC
Bybit PLTRUSDT