Funding you earn now, next payment 00:00 UTC+0.0281%/8h= +30.8% APRpaid last 24h +0.018%
Price spread now: Bybit against Lighter+0.110%7-day average +0.095% · you sell dearer than you buy
Net, funding: paid 7d − costs−$42as in the Funding arb table
Net, price: spread back to 7d avg − costs−$36as in the Price arb table
costs, in and out, $10k−$380.375% of the position
Funding, last 7 days−0.044%−$4 on $10k
+Price spread, last 4 days (all we have)−0.017%−$2 · spread now +0.110%, 7d avg +0.095%
=Together, before fees−0.061%+ Points / potential airdropLighter: Season 3 · farm board−$6 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.095%, so right now this pair is about funding alone: +$8 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.044% in total (about -2.3% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter PLTR | 182.90 | 0.0032 | pay 0.0004% / 1h | 42m 14s | $184K | $298K | 10x |
| Short | Bybit PLTRUSDT | 183.10 | 0.0313 | get 0.0313% / 8h | 42m 14s | $3.0M | $2.3M | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Lighter. 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
- $59.11
- Price spread: +0.110% → +0.095%
- $1.55
- Slippage, 4 orders
- −$26.55
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $23.12
- Costs to cover
- 0.375%
- Break-even
- 4.3 days
Slippage from Lighter: live order book, 27 min ago; Bybit: live order book, 5 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 live order book, 27 min ago | 0.76 bp | 1.0 bp −$1 | 7.5 bp −$75 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 5 min ago | 0.55 bp | 17.9 bp −$18 | 90.4 bp −$904 | 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 | 182.91 | +0.006% | $60K | $37K | 50x | as long as short |
| OKX PLTR-USDT-SWAP | 0.0000% | 8h | 183.05 | +0.083% | $1.8M | $2.2M | 20x | as long as short |
| Gate PLTR_USDT | 0.0000% | 8h | 182.91 | +0.007% | $333K | $707K | 50x | as long as short |
| Bitget PLTRUSDT | 0.0000% | 8h | 182.97 | +0.039% | $3.4M | $3.3M | 20x | as long as short |
| Variational Omni PLTR | 0.0000% | 8h | 183.05 | +0.084% | $735K | $235K | — | as long as short |
| GRVT PLTR_USDT_Perp | 0.0000% | 8h | 183.05 | +0.084% | $16K | $692K | 10x | as long as short |
| Extended PLTR_24_5-USD | +0.0008% | 1h | 183.06 | +0.090% | $303K | $1.4M | 10x | as long as short |
| Binance PLTRUSDT | +0.0012% | 8h | 183.08 | +0.100% | $9.3M | $30.3M | 20x | as long as short |
| tradeXYZ xyz:PLTR | +0.0013% | 1h | 182.86 | −0.021% | $12.0M | $6.6M | 10x | as long as short |
| Lighter PLTRlong | +0.0032% | 1h | 182.90 | long leg | $184K | $298K | 10x |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH PLTR | +0.0032% | 1h | 182.94 | +0.021% | $364K | $623K | 10x | as long as short |
| Injective PLTR/USDC PERP | +0.0033% | 1h | 181.69 | −0.660% | $1K | $42K | 30x | as long as short |
| Polymarket Perps PLTR-USD | +0.0035% | 1h | 182.79 | −0.059% | $210K | $673K | 10x | as long as short |
| Vest PLTR-USD-PERP | +0.0046% | 1h | 183.04 | +0.078% | — | $124K | 25x | as long as short |
| BloFin PLTR-USDT | +0.0050% | 8h | 183.07 | +0.094% | $125K | $185K | 20x | as long as short |
| SoDEX PLTR-USD | +0.0050% | 1h | 183.02 | +0.067% | $52K | $4K | 10x | as long as short |
| Ondo Perps PLTR-USD.P | +0.0050% | 1h | 182.91 | +0.007% | $454K | $1.5M | 10x | as long as short |
| QFEX PLTR-USD | +0.0080% | 1h | 183.03 | +0.072% | $1.2M | $2.6M | 10x | as long as short |
| Pacifica PLTR | +0.0100% | 1h | 182.93 | +0.016% | $193K | $13K | 10x | as long as short |
| KuCoin PLTRUSDTM | +0.0100% | 8h | 182.98 | +0.045% | $1.1M | $25K | 20x | as long as short |
| ApeX Omni PLTRUSDT | +0.0100% | 1h | 182.94 | +0.023% | $3K | $8K | 50x | as long as short |
| Aevo PLTR-PERP | +0.0104% | 1h | 183.05 | +0.083% | $90 | — | 10x | as long as short |
| Phoenix PLTR | +0.0131% | 1h | 182.96 | +0.034% | $30K | $119K | 10x | as long as short |
| Hotstuff PLTR-PERP | +0.0144% | 1h | 182.86 | −0.021% | $29K | $10K | 20x | as long as short |
| Bybit PLTRUSDTshort | +0.0313% | 8h | 183.10 | +0.110% | $3.0M | $2.3M | 25x | |
| Arcus PLTR-USD | +0.0583% | 1h | 183.04 | +0.078% | $86K | $47K | 10x | as long as short |
| edgeX PLTRUSDC | +0.0942% | 4h | 183.05 | +0.084% | $42K | $262K | 10x | as long as short |
Lighter PLTR
Bybit PLTRUSDT
Aster PLTRUSDT
OKX PLTR-USDT-SWAP
Gate PLTR_USDT
Bitget PLTRUSDT
Variational Omni PLTR
GRVT PLTR_USDT_Perp
Extended PLTR_24_5-USD
Binance PLTRUSDT
tradeXYZ xyz:PLTR
Lighter RH PLTR
Injective PLTR/USDC PERP
Polymarket Perps PLTR-USD
BloFin PLTR-USDT
SoDEX PLTR-USD
Pacifica PLTR
KuCoin PLTRUSDTM
ApeX Omni PLTRUSDT
Phoenix PLTR
edgeX PLTRUSDC