Settings8H · net · $10k
Funding arb · Price arb /

PLTR

RWAall PLTR markets
SwapBacktest
Alert: funding
Alert: spread
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: Lighter RH against Polymarket Perps+0.104%7-day average +0.065% · you sell dearer than you buy
Net, funding: paid 7d − costs−$7as in the Funding arb table
Net, price: spread back to 7d avg − costs−$14as in the Price arb table
costs, in and out, $10k−$180.182% of the position
What this pair did over the last
the charts below follow
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 for this trade now. Funding pays +$4 a day on $10k at the current rate, and Lighter RH is 0.039% dearer against Polymarket Perps than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.065%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps PLTR-USD182.79−0.0112get 0.0014% / 1h25m 55s$215K$677K10x
ShortLighter RH PLTR182.980.0032get 0.0004% / 1h25m 55s$364K$599K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter RH against Polymarket Perps. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
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%
$3.91
Slippage, 4 orders
−$10.18
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee Lighter RH: 0 bp × 2 orders
$0
Net
$15.91
Costs to cover
0.182%
Break-even
3.3 days
Slippage from Polymarket Perps: live order book, 27 min ago; Lighter RH: live order book, 26 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Polymarket Perps live order book, 27 min ago1.64 bp5.6 bp −$67.3 bp −$7313.3 bp −$1,331doesn't fit
Sell Lighter RH live order book, 26 min ago3.12 bp3.2 bp −$36.0 bp −$60doesn't fitdoesn't fit

PLTR on 27 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:PLTR−0.0137%1h182.89+0.055%$12.1M$6.3M10xas long as short
Polymarket Perps PLTR-USDlong−0.0112%1h182.79long leg$215K$677K10x
Hotstuff PLTR-PERP−0.0024%1h182.88+0.049%$29K$10K20xas long as short
Aster PLTRUSDT0.0000%8h183.15+0.198%$60K$44K50xas long as short
Extended PLTR_24_5-USD0.0000%1h183.00+0.115%$304K$1.4M10xas long as short
Binance PLTRUSDT0.0000%8h183.05+0.145%$9.0M$30.3M20xas long as short
Bybit PLTRUSDT0.0000%8h183.09+0.164%$3.1M$2.4M25xas long as short
OKX PLTR-USDT-SWAP0.0000%8h183.01+0.120%$1.7M$2.3M20xas long as short
Gate PLTR_USDT0.0000%8h183.03+0.131%$336K$713K50xas long as short
Bitget PLTRUSDT0.0000%8h182.97+0.098%$3.4M$3.0M20xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni PLTR0.0000%8h183.02+0.124%$735K$224Kas long as short
GRVT PLTR_USDT_Perp0.0000%8h182.91+0.066%$15K$659K10xas long as short
QFEX PLTR-USD+0.0027%1h183.00+0.115%$1.2M$2.3M10xas long as short
Lighter PLTR+0.0032%1h182.94+0.084%$184K$255K10xas long as short
Lighter RH PLTRshort+0.0032%1h182.98+0.104%$364K$599K10x
Injective PLTR/USDC PERP+0.0033%1h181.69−0.602%$1K$42K30xas long as short
Arcus PLTR-USD+0.0040%1h182.92+0.071%$86K$47K10xas long as short
Phoenix PLTR+0.0044%1h182.86+0.038%$30K$93K10xas long as short
Vest PLTR-USD-PERP+0.0046%1h183.13+0.186%$124K25xas long as short
SoDEX PLTR-USD+0.0050%1h182.97+0.098%$52K$3K10xas long as short
Ondo Perps PLTR-USD.P+0.0050%1h182.94+0.082%$354K$1.7M10xas long as short
Pacifica PLTR+0.0100%1h182.94+0.080%$193K$15K10xas long as short
KuCoin PLTRUSDTM+0.0100%8h182.89+0.055%$1.0M$43K20xas long as short
ApeX Omni PLTRUSDT+0.0100%1h182.92+0.071%$3K$8K50xas long as short
Aevo PLTR-PERP+0.0104%1h183.04+0.135%$9010xas long as short
BloFin PLTR-USDT+0.0120%8h182.99+0.109%$123K$238K20xas long as short
edgeX PLTRUSDC+0.0889%4h182.92+0.071%$42K$265K10xas long as short