Funding you earn now, next payment 02:00 UTC−0.0114%/8h= −12.5% APRnext payment −$0.14 per $10,000 · paid last 24h −0.008%
Price spread now: tradeXYZ against Lighter−0.032%7-day average +0.001% · you buy dearer than you sell
Net, funding: paid 7d − costs−$36as in the Funding arb table
Net, price: spread back to 7d avg − costs−$29as in the Price arb table
costs, in and out, $10k−$260.258% of the position
Funding, last 7 days−0.104%−$10 on $10k
+Price spread, last 4 days (all we have)+0.045%+$4 · spread now −0.032%, 7d avg +0.001%
=Together, before fees−0.059%+ Points / potential airdropLighter: Season 3 · tradeXYZ: Active · farm board−$6 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and tradeXYZ is 0.034% cheaper against Lighter than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.001%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter PLTR | 182.41 | 0.0032 | pay 0.0004% / 1h | 13m 37s | $183K | $264K | 10x |
| Short | tradeXYZ xyz:PLTR | 182.35 | −0.0082 | pay 0.0010% / 1h | 13m 37s | $12.0M | $6.3M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- −$23.91
- Price spread: −0.032% → +0.001%
- −$3.37
- Slippage, 4 orders
- −$7.8
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$53.09
- Costs to cover
- 0.258%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 46 min ago; tradeXYZ: 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, 46 min ago | 0.03 bp | 1.6 bp −$2 | 7.6 bp −$76 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 5 min ago | 1.10 bp | 10.1 bp −$10 | 13.4 bp −$134 | doesn't fit | doesn't fit |
PLTR on 26 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 | −0.0098% | 1h | 182.28 | −0.071% | $214K | $677K | 10x | as long as short |
| tradeXYZ xyz:PLTRshort | −0.0082% | 1h | 182.35 | −0.032% | $12.0M | $6.3M | 10x | |
| Aster PLTRUSDT | 0.0000% | 8h | 182.85 | +0.244% | $61K | $44K | 50x | as long as short |
| Extended PLTR_24_5-USD | 0.0000% | 1h | 182.50 | +0.052% | $303K | $1.4M | 10x | as long as short |
| Binance PLTRUSDT | 0.0000% | 8h | 182.54 | +0.072% | $9.0M | $30.2M | 20x | as long as short |
| Bybit PLTRUSDT | 0.0000% | 8h | 182.56 | +0.083% | $3.1M | $2.4M | 25x | as long as short |
| OKX PLTR-USDT-SWAP | 0.0000% | 8h | 182.55 | +0.077% | $1.7M | $2.3M | 20x | as long as short |
| Gate PLTR_USDT | 0.0000% | 8h | 182.57 | +0.088% | $332K | $722K | 50x | as long as short |
| Bitget PLTRUSDT | 0.0000% | 8h | 182.54 | +0.072% | $3.4M | $3.0M | 20x | as long as short |
| Variational Omni PLTR | 0.0000% | 8h | 182.59 | +0.100% | $737K | $219K | — | as long as short |
Show all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT PLTR_USDT_Perp | 0.0000% | 8h | 182.59 | +0.099% | $15K | $670K | 10x | as long as short |
| Lighter PLTRlong | +0.0032% | 1h | 182.41 | long leg | $183K | $264K | 10x | |
| Lighter RH PLTR | +0.0032% | 1h | 182.44 | +0.016% | $366K | $607K | 10x | as long as short |
| Hotstuff PLTR-PERP | +0.0032% | 1h | 182.34 | −0.038% | $29K | $10K | 20x | as long as short |
| Injective PLTR/USDC PERP | +0.0033% | 1h | 181.69 | −0.394% | $1K | $42K | 30x | as long as short |
| Arcus PLTR-USD | +0.0040% | 1h | 182.56 | +0.083% | $86K | $47K | 10x | as long as short |
| QFEX PLTR-USD | +0.0042% | 1h | 182.52 | +0.061% | $1.2M | $2.4M | 10x | as long as short |
| Vest PLTR-USD-PERP | +0.0046% | 1h | 182.59 | +0.099% | — | $124K | 25x | as long as short |
| SoDEX PLTR-USD | +0.0050% | 1h | 182.52 | +0.061% | $52K | $3K | 10x | as long as short |
| Ondo Perps PLTR-USD.P | +0.0050% | 1h | 182.39 | −0.010% | $392K | $1.6M | 10x | as long as short |
| Phoenix PLTR | +0.0087% | 1h | 182.53 | +0.066% | $30K | $93K | 10x | as long as short |
| Pacifica PLTR | +0.0100% | 1h | 182.50 | +0.050% | $192K | $14K | 10x | as long as short |
| KuCoin PLTRUSDTM | +0.0100% | 8h | 182.53 | +0.066% | $1.1M | $28K | 20x | as long as short |
| ApeX Omni PLTRUSDT | +0.0100% | 1h | 182.56 | +0.083% | $3K | $8K | 50x | as long as short |
| Aevo PLTR-PERP | +0.0104% | 1h | 182.52 | +0.062% | $89 | — | 10x | as long as short |
| edgeX PLTRUSDC | +0.0478% | 4h | 182.56 | +0.081% | $42K | $264K | 10x | as long as short |
Lighter PLTR
tradeXYZ xyz:PLTR
Polymarket Perps PLTR-USD
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 RH PLTR
Injective PLTR/USDC PERP
SoDEX PLTR-USD
Phoenix PLTR
Pacifica PLTR
KuCoin PLTRUSDTM
ApeX Omni PLTRUSDT
edgeX PLTRUSDC