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

PLTR

RWAall PLTR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0068%/8h= +7.4% APRpaid last 24h +0.018%
Price spread now: KuCoin against Lighter−0.029%7-day average +0.025% · you buy dearer than you sell
Net, funding: paid 7d − costs−$306as in the Funding arb table
Net, price: spread back to 7d avg − costs−$321as in the Price arb table
costs, in and out, $10k−$3153.153% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.094%+$9 on $10k
Price spread, last 4 days (all we have)+0.208%+$21 · spread now −0.029%, 7d avg +0.025%
Together, before fees+0.301%+ Points / potential airdropLighter: Season 3 · farm board+$30 on $10k · with fees, hour by hour
Funding pays, the price is against you. KuCoin is 0.054% cheaper against Lighter than usual: you would sell low and buy high (spread −0.029% now, against its 7-day average of +0.025%). If the spread goes back, that is −$5 on $10k: about 2.6 days of funding at the current rate (+$2 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter PLTR182.750.0032pay 0.0004% / 1h7m 20s$184K$255K10x
ShortKuCoin PLTRUSDTM182.700.0100get 0.0100% / 8h4h 07m$1.0M$40K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Lighter. 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
$14.28
Price spread: −0.029% → +0.025%
−$5.35
Slippage, 4 orders
−$303.27
Fee Lighter: 0 bp × 2 orders
$0
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$306.34
Costs to cover
3.153%
Break-even
157.2 days
Slippage from Lighter: live order book, 33 min ago; KuCoin: live order book, 7 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 Lighter live order book, 33 min ago1.23 bp9.6 bp −$1012.9 bp −$129doesn't fitdoesn't fit
Sell KuCoin live order book, 7 min ago9.31 bp73.0 bp −$73doesn't fitdoesn'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−0.0109%1h182.72−0.018%$12.0M$6.2M10xas long as short
Polymarket Perps PLTR-USD−0.0104%1h182.67−0.045%$214K$677K10xas long as short
Aster PLTRUSDT0.0000%8h183.00+0.137%$60K$44K50xas long as short
Extended PLTR_24_5-USD0.0000%1h182.87+0.063%$304K$1.4M10xas long as short
Binance PLTRUSDT0.0000%8h182.91+0.086%$9.0M$30.3M20xas long as short
Bybit PLTRUSDT0.0000%8h182.90+0.080%$3.1M$2.4M25xas long as short
OKX PLTR-USDT-SWAP0.0000%8h182.90+0.080%$1.7M$2.3M20xas long as short
Hotstuff PLTR-PERP0.0000%1h182.74−0.007%$29K$10K20xas long as short
Gate PLTR_USDT0.0000%8h182.81+0.031%$332K$729K50xas long as short
Bitget PLTRUSDT0.0000%8h182.83+0.042%$3.4M$3.0M20xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni PLTR0.0000%8h182.85+0.054%$738K$220Kas long as short
GRVT PLTR_USDT_Perp0.0000%8h182.88+0.069%$15K$670K10xas long as short
Lighter PLTRlong+0.0032%1h182.75long leg$184K$255K10x
Lighter RH PLTR+0.0032%1h182.79+0.019%$367K$598K10xas long as short
Injective PLTR/USDC PERP+0.0033%1h181.69−0.582%$1K$42K30xas long as short
QFEX PLTR-USD+0.0037%1h182.91+0.086%$1.2M$2.3M10xas long as short
Arcus PLTR-USD+0.0040%1h182.83+0.042%$86K$47K10xas long as short
Phoenix PLTR+0.0044%1h182.76+0.004%$30K$93K10xas long as short
Vest PLTR-USD-PERP+0.0046%1h182.97+0.119%$124K25xas long as short
SoDEX PLTR-USD+0.0050%1h182.85+0.053%$52K$3K10xas long as short
Ondo Perps PLTR-USD.P+0.0050%1h182.73−0.013%$376K$1.7M10xas long as short
Pacifica PLTR+0.0100%1h182.80+0.025%$193K$15K10xas long as short
KuCoin PLTRUSDTMshort+0.0100%8h182.70−0.029%$1.0M$40K20x
ApeX Omni PLTRUSDT+0.0100%1h182.74−0.007%$3K$8K50xas long as short
Aevo PLTR-PERP+0.0104%1h182.88+0.071%$9010xas long as short
BloFin PLTR-USDT+0.0120%8h182.88+0.069%$123K$238K20xas long as short
edgeX PLTRUSDC+0.0162%4h182.84+0.050%$42K$262K10xas long as short