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

PLTR

RWAall PLTR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h −0.010%
Price spread now: Variational Omni against Lighter+0.131%7-day average +0.044% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.037%−$4 on $10k
Price spread, last 4 days (all we have)−0.341%−$34 · spread now +0.131%, 7d avg +0.044%
Together, before fees−0.379%+ Points / potential airdropLighter: Season 3 · Variational Omni: Active · farm board−$38 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Variational Omni is 0.087% dearer against Lighter than usual: you sell high and buy low (spread +0.131% now, against its 7-day average of +0.044%): +$9 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 9.1 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter PLTR182.380.0032pay 0.0004% / 1h27m 01s$183K$255K10x
ShortVariational Omni PLTR182.620get 0.0000% / 8h5h 27m$737K$220K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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
−$6.72
Price spread: +0.131% → +0.044%
$8.69
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee Variational Omni: 0 bp × 2 orders
$0
Net
$1.97
Costs to cover
0.000%
Break-even
from the start
Slippage unknown: Lighter: live order book, 18 min ago; Variational Omni: RFQ quote, 37 min ago. Net counts fees only.

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, 18 min ago0.88 bp5.9 bp −$69.6 bp −$96doesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 37 min ago3.12 bpdoesn't fit22.4 bp −$224doesn'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−0.0068%1h182.32−0.032%$12.0M$6.2M10xas long as short
Polymarket Perps PLTR-USD−0.0050%1h182.27−0.060%$214K$677K10xas long as short
Hotstuff PLTR-PERP−0.0040%1h182.34−0.021%$29K$10K20xas long as short
Aster PLTRUSDT0.0000%8h182.83+0.249%$61K$44K50xas long as short
Extended PLTR_24_5-USD0.0000%1h182.46+0.045%$306K$1.4M10xas long as short
Binance PLTRUSDT0.0000%8h182.51+0.072%$9.0M$30.2M20xas long as short
Bybit PLTRUSDT0.0000%8h182.52+0.077%$3.0M$2.4M25xas long as short
OKX PLTR-USDT-SWAP0.0000%8h182.57+0.105%$1.7M$2.4M20xas long as short
Gate PLTR_USDT0.0000%8h182.45+0.039%$332K$726K50xas long as short
Bitget PLTRUSDT0.0000%8h182.49+0.061%$3.4M$3.0M20xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni PLTRshort0.0000%8h182.62+0.131%$737K$220K
GRVT PLTR_USDT_Perp0.0000%8h182.56+0.098%$15K$670K10xas long as short
QFEX PLTR-USD+0.0026%1h182.50+0.066%$1.2M$2.3M10xas long as short
Lighter PLTRlong+0.0032%1h182.38long leg$183K$255K10x
Lighter RH PLTR+0.0032%1h182.380.000%$366K$598K10xas long as short
Injective PLTR/USDC PERP+0.0033%1h181.69−0.378%$1K$42K30xas long as short
Arcus PLTR-USD+0.0040%1h182.54+0.088%$86K$47K10xas long as short
Phoenix PLTR+0.0044%1h182.45+0.039%$30K$93K10xas long as short
Vest PLTR-USD-PERP+0.0046%1h182.54+0.088%$124K25xas long as short
SoDEX PLTR-USD+0.0050%1h182.44+0.033%$52K$3K10xas long as short
Ondo Perps PLTR-USD.P+0.0050%1h182.48+0.055%$366K$1.7M10xas long as short
Pacifica PLTR+0.0100%1h182.50+0.067%$192K$15K10xas long as short
KuCoin PLTRUSDTM+0.0100%8h182.46+0.044%$1.1M$29K20xas long as short
ApeX Omni PLTRUSDT+0.0100%1h182.51+0.072%$3K$8K50xas long as short
Aevo PLTR-PERP+0.0104%1h182.48+0.055%$8910xas long as short
BloFin PLTR-USDT+0.0120%8h182.53+0.083%$123K$238K20xas long as short
edgeX PLTRUSDC+0.0683%4h182.63+0.138%$42K$261K10xas long as short