Funding you earn now, next payment 05:00 UTC−0.0144%/8h= −15.7% APRnext payment −$0.18 per $10,000 · paid last 24h −0.036%
Price spread now: Polymarket Perps against Lighter RH−0.104%7-day average −0.065% · you buy dearer than you sell
Net, funding: paid 7d − costs−$29as in the Funding arb table
Net, price: spread back to 7d avg − costs−$22as in the Price arb table
costs, in and out, $10k−$180.182% of the position
Funding, last 7 days−0.113%−$11 on $10k
+Price spread, last 4 days (all we have)+0.035%+$3 · spread now −0.104%, 7d avg −0.065%
=Together, before fees−0.078%+ Points / potential airdropLighter RH: Points live · farm board−$8 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Polymarket Perps is 0.039% cheaper against Lighter RH than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.065%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH PLTR | 182.98 | 0.0032 | pay 0.0004% / 1h | 25m 53s | $364K | $599K | 10x |
| Short | Polymarket Perps PLTR-USD | 182.79 | −0.0112 | pay 0.0014% / 1h | 25m 53s | $215K | $677K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps 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
- −$30.19
- Price spread: −0.104% → −0.065%
- −$3.9
- Slippage, 4 orders
- −$10.18
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$52.27
- Costs to cover
- 0.182%
- Break-even
- never at this rate
Slippage from Lighter RH: live order book, 27 min ago; Polymarket Perps: live order book, 27 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, 27 min ago | 3.12 bp | 3.2 bp −$3 | 9.0 bp −$90 | doesn't fit | doesn't fit |
| Sell Polymarket Perps live order book, 27 min ago | 1.64 bp | 6.1 bp −$6 | 8.3 bp −$83 | 14.6 bp −$1,457 | 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 | −0.0138% | 1h | 182.88 | −0.055% | $12.1M | $6.3M | 10x | as long as short |
| Polymarket Perps PLTR-USDshort | −0.0112% | 1h | 182.79 | −0.104% | $215K | $677K | 10x | |
| Hotstuff PLTR-PERP | −0.0024% | 1h | 182.88 | −0.055% | $29K | $10K | 20x | as long as short |
| Aster PLTRUSDT | 0.0000% | 8h | 183.15 | +0.093% | $60K | $44K | 50x | as long as short |
| Extended PLTR_24_5-USD | 0.0000% | 1h | 183.00 | +0.011% | $304K | $1.4M | 10x | as long as short |
| Binance PLTRUSDT | 0.0000% | 8h | 183.05 | +0.039% | $9.0M | $30.3M | 20x | as long as short |
| Bybit PLTRUSDT | 0.0000% | 8h | 183.09 | +0.060% | $3.1M | $2.4M | 25x | as long as short |
| OKX PLTR-USDT-SWAP | 0.0000% | 8h | 183.01 | +0.016% | $1.7M | $2.3M | 20x | as long as short |
| Gate PLTR_USDT | 0.0000% | 8h | 183.03 | +0.027% | $336K | $714K | 50x | as long as short |
| Bitget PLTRUSDT | 0.0000% | 8h | 182.98 | −0.001% | $3.4M | $3.0M | 20x | as long as short |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni PLTR | 0.0000% | 8h | 183.02 | +0.019% | $735K | $224K | — | as long as short |
| GRVT PLTR_USDT_Perp | 0.0000% | 8h | 182.91 | −0.039% | $15K | $659K | 10x | as long as short |
| QFEX PLTR-USD | +0.0027% | 1h | 183.00 | +0.010% | $1.2M | $2.3M | 10x | as long as short |
| Lighter PLTR | +0.0032% | 1h | 182.95 | −0.016% | $184K | $255K | 10x | as long as short |
| Lighter RH PLTRlong | +0.0032% | 1h | 182.98 | long leg | $364K | $599K | 10x | |
| Injective PLTR/USDC PERP | +0.0033% | 1h | 181.69 | −0.706% | $1K | $42K | 30x | as long as short |
| Arcus PLTR-USD | +0.0040% | 1h | 182.92 | −0.033% | $86K | $47K | 10x | as long as short |
| Phoenix PLTR | +0.0044% | 1h | 182.86 | −0.066% | $30K | $93K | 10x | as long as short |
| Vest PLTR-USD-PERP | +0.0046% | 1h | 183.13 | +0.081% | — | $124K | 25x | as long as short |
| SoDEX PLTR-USD | +0.0050% | 1h | 182.97 | −0.006% | $52K | $3K | 10x | as long as short |
| Ondo Perps PLTR-USD.P | +0.0050% | 1h | 182.94 | −0.022% | $354K | $1.7M | 10x | as long as short |
| Pacifica PLTR | +0.0100% | 1h | 182.94 | −0.024% | $193K | $15K | 10x | as long as short |
| KuCoin PLTRUSDTM | +0.0100% | 8h | 182.89 | −0.050% | $1.0M | $43K | 20x | as long as short |
| ApeX Omni PLTRUSDT | +0.0100% | 1h | 182.92 | −0.033% | $3K | $8K | 50x | as long as short |
| Aevo PLTR-PERP | +0.0104% | 1h | 183.04 | +0.030% | $90 | — | 10x | as long as short |
| BloFin PLTR-USDT | +0.0120% | 8h | 182.99 | +0.005% | $123K | $238K | 20x | as long as short |
| edgeX PLTRUSDC | +0.0889% | 4h | 182.92 | −0.033% | $42K | $265K | 10x | as long as short |
Lighter RH PLTR
Polymarket Perps PLTR-USD
tradeXYZ xyz:PLTR
Aster PLTRUSDT
Extended PLTR_24_5-USD
Binance PLTRUSDT
Bybit PLTRUSDT
OKX PLTR-USDT-SWAP
Gate PLTR_USDT
Bitget PLTRUSDT
Variational Omni PLTR
GRVT PLTR_USDT_Perp
Lighter PLTR
Injective PLTR/USDC PERP
Phoenix PLTR
SoDEX PLTR-USD
Pacifica PLTR
KuCoin PLTRUSDTM
ApeX Omni PLTRUSDT
BloFin PLTR-USDT
edgeX PLTRUSDC