Funding you earn now, next payment 06:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h −0.006%
Price spread now: Binance against Lighter RH+0.029%7-day average +0.058% · you sell dearer than you buy
Net, funding: paid 7d − costs−$29as in the Funding arb table
Net, price: spread back to 7d avg − costs−$26as in the Price arb table
costs, in and out, $10k−$230.229% of the position
Funding, last 7 days−0.066%−$7 on $10k
+Price spread, last 4 days (all we have)+0.366%+$37 · spread now +0.029%, 7d avg +0.058%
=Together, before fees+0.300%+ Points / potential airdropLighter RH: Points live · farm board+$30 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 Binance is 0.028% cheaper against Lighter RH than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.058%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH PLTR | 182.90 | 0.0032 | pay 0.0004% / 1h | 50m 36s | $364K | $594K | 10x |
| Short | Binance PLTRUSDT | 182.95 | 0 | get 0.0000% / 8h | 2h 50m | $9.0M | $30.3M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Lighter RH. 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: +0.029% → +0.058%
- −$2.84
- Slippage, 4 orders
- −$12.91
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$32.47
- Costs to cover
- 0.229%
- Break-even
- never at this rate
Slippage from Lighter RH: live order book, 62 min ago; Binance: live order book, 6 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 RH live order book, 62 min ago | 3.12 bp | 3.2 bp −$3 | 9.0 bp −$90 | doesn't fit | doesn't fit |
| Sell Binance live order book, 6 min ago | 1.09 bp | 8.1 bp −$8 | 19.8 bp −$198 | 95.8 bp −$9,578 | 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 | −0.0061% | 1h | 182.81 | −0.046% | $12.1M | $6.3M | 10x | as long as short |
| Polymarket Perps PLTR-USD | −0.0049% | 1h | 182.76 | −0.074% | $215K | $677K | 10x | as long as short |
| Aster PLTRUSDT | 0.0000% | 8h | 183.11 | +0.117% | $60K | $44K | 50x | as long as short |
| Extended PLTR_24_5-USD | 0.0000% | 1h | 182.91 | +0.006% | $303K | $1.8M | 10x | as long as short |
| Binance PLTRUSDTshort | 0.0000% | 8h | 182.95 | +0.029% | $9.0M | $30.3M | 20x | |
| Bybit PLTRUSDT | 0.0000% | 8h | 183.03 | +0.074% | $3.0M | $2.4M | 25x | as long as short |
| OKX PLTR-USDT-SWAP | 0.0000% | 8h | 182.99 | +0.052% | $1.7M | $2.3M | 20x | as long as short |
| Gate PLTR_USDT | 0.0000% | 8h | 182.98 | +0.046% | $340K | $722K | 50x | as long as short |
| Bitget PLTRUSDT | 0.0000% | 8h | 182.94 | +0.025% | $3.4M | $3.0M | 20x | as long as short |
| Variational Omni PLTR | 0.0000% | 8h | 182.95 | +0.032% | $735K | $223K | — | as long as short |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT PLTR_USDT_Perp | 0.0000% | 8h | 183.04 | +0.079% | $15K | $659K | 10x | as long as short |
| Phoenix PLTR | 0.0000% | 1h | 182.95 | +0.030% | $30K | $93K | 10x | as long as short |
| QFEX PLTR-USD | +0.0025% | 1h | 182.98 | +0.046% | $1.2M | $2.2M | 10x | as long as short |
| Lighter PLTR | +0.0032% | 1h | 182.88 | −0.010% | $184K | $253K | 10x | as long as short |
| Lighter RH PLTRlong | +0.0032% | 1h | 182.90 | long leg | $364K | $594K | 10x | |
| Injective PLTR/USDC PERP | +0.0033% | 1h | 181.69 | −0.659% | $1K | $42K | 30x | as long as short |
| Arcus PLTR-USD | +0.0040% | 1h | 182.93 | +0.019% | $86K | $47K | 10x | as long as short |
| Vest PLTR-USD-PERP | +0.0046% | 1h | 183.08 | +0.101% | — | $124K | 25x | as long as short |
| SoDEX PLTR-USD | +0.0050% | 1h | 182.92 | +0.014% | $52K | $3K | 10x | as long as short |
| Ondo Perps PLTR-USD.P | +0.0050% | 1h | 182.91 | +0.008% | $358K | $1.7M | 10x | as long as short |
| Hotstuff PLTR-PERP | +0.0056% | 1h | 182.81 | −0.046% | $29K | $10K | 20x | as long as short |
| Pacifica PLTR | +0.0100% | 1h | 182.91 | +0.008% | $193K | $15K | 10x | as long as short |
| KuCoin PLTRUSDTM | +0.0100% | 8h | 182.95 | +0.030% | $1.0M | $48K | 20x | as long as short |
| ApeX Omni PLTRUSDT | +0.0100% | 1h | 182.95 | +0.030% | $3K | $8K | 50x | as long as short |
| Aevo PLTR-PERP | +0.0104% | 1h | 182.95 | +0.031% | $90 | — | 10x | as long as short |
| BloFin PLTR-USDT | +0.0120% | 8h | 183.01 | +0.063% | $124K | $242K | 20x | as long as short |
| edgeX PLTRUSDC | +0.0487% | 4h | 183.00 | +0.056% | $42K | $264K | 10x | as long as short |
Lighter RH PLTR
Binance PLTRUSDT
tradeXYZ xyz:PLTR
Polymarket Perps PLTR-USD
Aster PLTRUSDT
Extended PLTR_24_5-USD
Bybit PLTRUSDT
OKX PLTR-USDT-SWAP
Gate PLTR_USDT
Bitget PLTRUSDT
Variational Omni PLTR
GRVT PLTR_USDT_Perp
Phoenix PLTR
Lighter PLTR
Injective PLTR/USDC PERP
SoDEX PLTR-USD
Pacifica PLTR
KuCoin PLTRUSDTM
ApeX Omni PLTRUSDT
BloFin PLTR-USDT
edgeX PLTRUSDC