Funding arb · Price arb /

PLTR

RWAall PLTR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h +0.010%

Price spread now: Lighter RH against Aster−0.028%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Aster Short on Lighter RH

What this pair did over the last

the charts below follow

Funding, last 7 days+0.069%+$7 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropAster: Stage 5 · Lighter RH: Points live · farm boardneeds both histories

Funding pays, the price is against you. Lighter RH is 0.028% cheaper against Aster than usual: you would sell low and buy high (spread −0.028% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 2.9 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster PLTRUSDT	183.42	0	get 0.0000% / 8h	56m 47s	$61K	$44K	50x
Short	Lighter RH PLTR	183.37	0.0032	get 0.0004% / 1h	56m 47s	$381K	$609K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter RH against Aster. 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

Position, each leg$Hold fordaysFee AsterbpFee Lighter RHbpOrdersPrice spread, now −0.028%Rate

Funding earned: $6.72
Price spread: −0.028% → 0.000%: −$2.77
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee Lighter RH: 0 bp × 2 orders: $0
Net: −$4.05
Costs to cover: 0.080%
Break-even: 11.2 days

Slippage unknown: Aster: no order-book sample; Lighter RH: live order book, 46 min ago. Net counts fees only.

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 Aster no order-book sample	—	—	—	—	—
Sell Lighter RH live order book, 46 min ago	2.54 bp	3.7 bp −$4	8.5 bp −$85	doesn't fit	doesn't fit

Aster: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Polymarket Perps PLTR-USD	−0.0183%	1h	183.18	−0.131%	$215K	$677K	10x	as long as short
tradeXYZ xyz:PLTR	−0.0033%	1h	183.31	−0.060%	$12.1M	$6.3M	10x	as long as short
Aster PLTRUSDTlong	0.0000%	8h	183.42	long leg	$61K	$44K	50x
Extended PLTR_24_5-USD	0.0000%	1h	183.40	−0.013%	$304K	$852K	10x	as long as short
Binance PLTRUSDT	0.0000%	8h	183.45	+0.016%	$8.9M	$30.6M	20x	as long as short
Bybit PLTRUSDT	0.0000%	8h	183.45	+0.016%	$2.9M	$2.5M	25x	as long as short
OKX PLTR-USDT-SWAP	0.0000%	8h	183.51	+0.049%	$1.7M	$2.3M	20x	as long as short
Gate PLTR_USDT	0.0000%	8h	183.35	−0.039%	$334K	$759K	50x	as long as short
Bitget PLTRUSDT	0.0000%	8h	183.29	−0.071%	$3.3M	$3.0M	20x	as long as short
Variational Omni PLTR	0.0000%	8h	183.41	−0.007%	$738K	$224K	—	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	183.40	−0.011%	$15K	$647K	10x	as long as short
Lighter PLTR	+0.0032%	1h	183.31	−0.058%	$190K	$256K	10x	as long as short
Lighter RH PLTRshort	+0.0032%	1h	183.37	−0.028%	$381K	$609K	10x
Hotstuff PLTR-PERP	+0.0032%	1h	183.32	−0.055%	$29K	$10K	20x	as long as short
QFEX PLTR-USD	+0.0032%	1h	183.39	−0.017%	$1.2M	$2.2M	10x	as long as short
Injective PLTR/USDC PERP	+0.0033%	1h	181.69	−0.944%	$1K	$42K	30x	as long as short
Arcus PLTR-USD	+0.0040%	1h	183.37	−0.028%	$86K	$47K	10x	as long as short
Vest PLTR-USD-PERP	+0.0046%	1h	183.59	+0.092%	—	$124K	25x	as long as short
SoDEX PLTR-USD	+0.0050%	1h	183.38	−0.022%	$52K	$3K	10x	as long as short
Ondo Perps PLTR-USD.P	+0.0050%	1h	183.32	−0.055%	$352K	$1.8M	10x	as long as short
Phoenix PLTR	+0.0087%	1h	183.40	−0.011%	$30K	$93K	10x	as long as short
Pacifica PLTR	+0.0100%	1h	183.36	−0.035%	$193K	$15K	10x	as long as short
KuCoin PLTRUSDTM	+0.0100%	8h	183.31	−0.060%	$1.0M	$50K	20x	as long as short
ApeX Omni PLTRUSDT	+0.0100%	1h	183.37	−0.028%	$3K	$8K	50x	as long as short
Aevo PLTR-PERP	+0.0104%	1h	183.41	−0.004%	$90	—	10x	as long as short
BloFin PLTR-USDT	+0.0120%	8h	183.37	−0.028%	$124K	$249K	20x	as long as short
edgeX PLTRUSDC	+0.0586%	4h	183.43	+0.006%	$42K	$263K	10x	as long as short