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

PLTR

RWAall PLTR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0018%/8h= +2.0% APRnext payment +$0.02 per $10,000 · paid last 24h −0.040%
Price spread now: Polymarket Perps against Lighter RH−0.087%46s7-day average −0.068% · you buy dearer than you sell
Net, funding: paid 7d − costs−$33as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$210.206% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.120%−$12 on $10k
Price spread, last 4 days (all we have)+0.009%+$1 · spread now −0.087%, 7d avg −0.068%
Together, before fees−0.111%+ Points / potential airdropLighter RH: Points live · farm board−$11 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.068%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.120%, so the current rate has only just turned in your favour. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter RH PLTR183.970.0032pay 0.0004% / 1h4m 36s$379K$589K10x
ShortPolymarket Perps PLTR-USD183.810.0050get 0.0006% / 1h4m 36s$219K$671K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps against Lighter RH. 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
$3.78
Price spread: −0.087% → −0.068%
−$1.86
Slippage, 4 orders
−$12.57
Fee Lighter RH: 0 bp × 2 orders
$0
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$18.65
Costs to cover
0.206%
Break-even
41.5 days
Slippage from Lighter RH: live order book, 36 min ago; Polymarket Perps: live order book, 36 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 RH live order book, 36 min ago2.32 bp3.3 bp −$314.7 bp −$147doesn't fitdoesn't fit
Sell Polymarket Perps live order book, 36 min ago3.27 bp7.3 bp −$78.4 bp −$8414.7 bp −$1,473doesn't fit

PLTR on 27 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster PLTRUSDT0.0000%8h184.14+0.090%$61K$44K50xas long as short
Extended PLTR_24_5-USD0.0000%1h183.97+0.001%$307K$2.4M10xas long as short
Binance PLTRUSDT0.0000%8h184.05+0.041%$9.2M$32.3M20xas long as short
Bybit PLTRUSDT0.0000%8h184.08+0.060%$2.9M$2.5M25xas long as short
OKX PLTR-USDT-SWAP0.0000%8h184.04+0.038%$1.7M$2.5M20xas long as short
Gate PLTR_USDT0.0000%8h184.02+0.027%$326K$769K50xas long as short
Bitget PLTRUSDT0.0000%8h183.96−0.005%$3.4M$3.0M20xas long as short
Variational Omni PLTR0.0000%8h184.01+0.020%$740K$192Kas long as short
GRVT PLTR_USDT_Perp0.0000%8h184.08+0.058%$19K$489K10xas long as short
QFEX PLTR-USD+0.0021%1h184.03+0.033%$1.2M$2.0M10xas long as short
Show all 27 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter PLTR+0.0032%1h183.87−0.057%$210K$280K10xas long as short
Lighter RH PLTRlong+0.0032%1h183.97long leg$379K$589K10x
Injective PLTR/USDC PERP+0.0033%1h181.69−1.239%$1K$42K30xas long as short
Arcus PLTR-USD+0.0040%1h183.94−0.016%$84K$35K10xas long as short
Vest PLTR-USD-PERP+0.0046%1h184.13+0.087%$123K25xas long as short
tradeXYZ xyz:PLTR+0.0050%1h183.86−0.060%$12.0M$4.8M10xas long as short
Polymarket Perps PLTR-USDshort+0.0050%1h183.81−0.087%$219K$671K10x
SoDEX PLTR-USD+0.0050%1h183.96−0.005%$52K$3K10xas long as short
Ondo Perps PLTR-USD.P+0.0050%1h183.86−0.060%$299K$2.1M10xas long as short
Phoenix PLTR+0.0087%1h183.95−0.011%$30K$92K10xas long as short
Pacifica PLTR+0.0100%1h183.93−0.022%$194K$17K10xas long as short
KuCoin PLTRUSDTM+0.0100%8h183.92−0.027%$1.0M$335K20xas long as short
ApeX Omni PLTRUSDT+0.0100%1h183.90−0.038%$3K$8K50xas long as short
Aevo PLTR-PERP+0.0104%1h183.96−0.003%$9010xas long as short
BloFin PLTR-USDT+0.0120%8h184.00+0.016%$84K$256K20xas long as short
Hotstuff PLTR-PERP+0.0184%1h183.91−0.033%$30K$11K20xas long as short
edgeX PLTRUSDC+0.0991%4h184.07+0.057%$43K$266K10xas long as short