Funding you earn now, next payment 23:00 UTC+0.0099%/8h= +10.9% APRnext payment +$0.12 per $10,000 · paid last 24h +0.019%
Price spread now: Phoenix against Lighter RH+0.046%7-day average +0.041% · you sell dearer than you buy
Net, funding: paid 7d − costs−$18as in the Funding arb table
Net, price: spread back to 7d avg − costs−$24as in the Price arb table
costs, in and out, $10k−$250.245% of the position
Funding, last 7 days+0.069%+$7 on $10k
+Price spread, last 3 days (all we have)−0.022%−$2 · spread now +0.046%, 7d avg +0.041%
=Together, before fees+0.047%+ Points / potential airdropLighter RH: Points live · farm board+$5 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.041%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH PLTR | 183.15 | 0.0032 | pay 0.0004% / 1h | 54m 25s | $365K | $606K | 10x |
| Short | Phoenix PLTR | 183.23 | 0.0131 | get 0.0016% / 1h | 54m 25s | $30K | $107K | 10x |
Lighter RH PLTR
Phoenix PLTRFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix 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
- $20.81
- Price spread: +0.046% → +0.041%
- $0.55
- Slippage, 4 orders
- −$17.53
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- −$3.17
- Costs to cover
- 0.245%
- Break-even
- 8.1 days
Slippage from Lighter RH: live order book, 18 min ago; Phoenix: live order book, 11 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, 18 min ago | 0.98 bp | 1.7 bp −$2 | 9.0 bp −$90 | doesn't fit | doesn't fit |
| Sell Phoenix live order book, 11 min ago | 2.73 bp | 10.0 bp −$10 | 20.8 bp −$208 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster PLTRUSDT | 0.0000% | 8h | 183.08 | −0.035% | $60K | $37K | 50x | as long as short |
| Bybit PLTRUSDT | 0.0000% | 8h | 183.26 | +0.063% | $3.1M | $2.3M | 25x | as long as short |
| Gate PLTR_USDT | 0.0000% | 8h | 183.17 | +0.014% | $334K | $698K | 50x | as long as short |
| Bitget PLTRUSDT | 0.0000% | 8h | 183.18 | +0.019% | $3.4M | $3.0M | 20x | as long as short |
| Variational Omni PLTR | 0.0000% | 8h | 183.53 | +0.208% | $737K | $217K | — | as long as short |
| Lighter PLTR | +0.0032% | 1h | 183.14 | −0.001% | $185K | $258K | 10x | as long as short |
| Lighter RH PLTRlong | +0.0032% | 1h | 183.15 | long leg | $365K | $606K | 10x | |
| Extended PLTR_24_5-USD | +0.0032% | 1h | 183.20 | +0.030% | $303K | $1.4M | 10x | as long as short |
| Binance PLTRUSDT | +0.0033% | 8h | 183.24 | +0.052% | $9.3M | $29.8M | 20x | as long as short |
| Injective PLTR/USDC PERP | +0.0033% | 1h | 181.69 | −0.794% | $1K | $42K | 30x | as long as short |
Aster PLTRUSDT
Bybit PLTRUSDT
Gate PLTR_USDT
Bitget PLTRUSDT
Variational Omni PLTR
Lighter PLTR
Extended PLTR_24_5-USD
Binance PLTRUSDT
Injective PLTR/USDC PERPShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest PLTR-USD-PERP | +0.0046% | 1h | 183.38 | +0.128% | — | $124K | 25x | as long as short |
| Polymarket Perps PLTR-USD | +0.0050% | 1h | 183.16 | +0.008% | $213K | $675K | 10x | as long as short |
| SoDEX PLTR-USD | +0.0050% | 1h | 183.22 | +0.041% | $52K | $3K | 10x | as long as short |
| Ondo Perps PLTR-USD.P | +0.0050% | 1h | 183.10 | −0.025% | $490K | $1.5M | 10x | as long as short |
| OKX PLTR-USDT-SWAP | +0.0052% | 8h | 183.27 | +0.068% | $1.8M | $2.2M | 20x | as long as short |
| GRVT PLTR_USDT_Perp | +0.0054% | 8h | 183.58 | +0.236% | $16K | $681K | 10x | as long as short |
| QFEX PLTR-USD | +0.0062% | 1h | 183.16 | +0.008% | $1.2M | $2.6M | 10x | as long as short |
| Pacifica PLTR | +0.0100% | 1h | 183.06 | −0.047% | $193K | $14K | 10x | as long as short |
| KuCoin PLTRUSDTM | +0.0100% | 8h | 183.11 | −0.019% | $1.1M | $24K | 20x | as long as short |
| ApeX Omni PLTRUSDT | +0.0100% | 1h | 183.25 | +0.057% | $3K | $8K | 50x | as long as short |
| Aevo PLTR-PERP | +0.0104% | 1h | 183.12 | −0.012% | $90 | — | 10x | as long as short |
| Phoenix PLTRshort | +0.0131% | 1h | 183.23 | +0.046% | $30K | $107K | 10x | |
| BloFin PLTR-USDT | +0.0133% | 8h | 183.28 | +0.074% | $125K | $185K | 20x | as long as short |
| tradeXYZ xyz:PLTR | +0.0182% | 1h | 183.20 | +0.030% | $12.1M | $6.3M | 10x | as long as short |
| Hotstuff PLTR-PERP | +0.0392% | 1h | 183.03 | −0.063% | $29K | $10K | 20x | as long as short |
| edgeX PLTRUSDC | +0.0581% | 4h | 183.45 | +0.165% | $43K | $261K | 10x | as long as short |
| Arcus PLTR-USD | +0.0599% | 1h | 183.33 | +0.101% | $86K | $46K | 10x | as long as short |
Vest PLTR-USD-PERP
Polymarket Perps PLTR-USD
SoDEX PLTR-USD
Ondo Perps PLTR-USD.P
OKX PLTR-USDT-SWAP
GRVT PLTR_USDT_Perp
QFEX PLTR-USD
Pacifica PLTR
KuCoin PLTRUSDTM
ApeX Omni PLTRUSDT
Aevo PLTR-PERP
BloFin PLTR-USDT
tradeXYZ xyz:PLTR
Hotstuff PLTR-PERP
edgeX PLTRUSDC
Arcus PLTR-USD