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+0.0032%/8h= +3.5% APRpaid last 24h −0.023%
Price spread now: Lighter RH against Bybit−0.038%7-day average −0.067% · you buy dearer than you sell
Net, funding: paid 7d − costs−$35as in the Funding arb table
Net, price: spread back to 7d avg − costs−$33as in the Price arb table
costs, in and out, $10k−$360.361% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.012%+$1 on $10k
Price spread, last 4 days (all we have)−0.053%−$5 · spread now −0.038%, 7d avg −0.067%
Together, before fees−0.041%+ Points / potential airdropLighter RH: Points live · farm board−$4 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Lighter RH is 0.029% dearer against Bybit than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.067%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit PLTRUSDT182.720get 0.0000% / 8h4h 37m$3.0M$2.4M25x
ShortLighter RH PLTR182.650.0032get 0.0004% / 1h37m 38s$366K$598K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter RH against Bybit. 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: −0.038% → −0.067%
$2.91
Slippage, 4 orders
−$25.06
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Lighter RH: 0 bp × 2 orders
$0
Net
−$26.44
Costs to cover
0.361%
Break-even
34.5 days
Slippage from Bybit: live order book, 5 min ago; Lighter RH: live order book, 20 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 Bybit live order book, 5 min ago1.09 bp17.9 bp −$1894.5 bp −$945doesn't fitdoesn't fit
Sell Lighter RH live order book, 20 min ago1.48 bp2.0 bp −$25.9 bp −$59doesn'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−0.0133%1h182.57−0.082%$12.0M$6.2M10xas long as short
Polymarket Perps PLTR-USD−0.0128%1h182.38−0.186%$214K$677K10xas long as short
Hotstuff PLTR-PERP−0.0016%1h182.49−0.126%$29K$10K20xas long as short
Aster PLTRUSDT0.0000%8h183.00+0.154%$60K$44K50xas long as short
Extended PLTR_24_5-USD0.0000%1h182.71−0.006%$302K$1.4M10xas long as short
Binance PLTRUSDT0.0000%8h182.74+0.012%$9.0M$30.3M20xas long as short
Bybit PLTRUSDTlong0.0000%8h182.72long leg$3.0M$2.4M25x
OKX PLTR-USDT-SWAP0.0000%8h182.76+0.022%$1.7M$2.3M20xas long as short
Gate PLTR_USDT0.0000%8h182.62−0.055%$332K$723K50xas long as short
Bitget PLTRUSDT0.0000%8h182.69−0.016%$3.4M$3.0M20xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni PLTR0.0000%8h182.77+0.025%$738K$220Kas long as short
GRVT PLTR_USDT_Perp0.0000%8h182.80+0.044%$15K$670K10xas long as short
Lighter PLTR+0.0032%1h182.65−0.039%$184K$254K10xas long as short
Lighter RH PLTRshort+0.0032%1h182.65−0.038%$366K$598K10x
Injective PLTR/USDC PERP+0.0033%1h181.69−0.564%$1K$42K30xas long as short
QFEX PLTR-USD+0.0037%1h182.720.000%$1.2M$2.3M10xas long as short
Arcus PLTR-USD+0.0040%1h182.71−0.005%$86K$47K10xas long as short
Phoenix PLTR+0.0044%1h182.71−0.005%$30K$93K10xas long as short
Vest PLTR-USD-PERP+0.0046%1h182.73+0.005%$124K25xas long as short
SoDEX PLTR-USD+0.0050%1h182.59−0.071%$52K$3K10xas long as short
Ondo Perps PLTR-USD.P+0.0050%1h182.54−0.099%$384K$1.7M10xas long as short
Pacifica PLTR+0.0100%1h182.67−0.030%$192K$15K10xas long as short
KuCoin PLTRUSDTM+0.0100%8h182.60−0.066%$1.0M$40K20xas long as short
ApeX Omni PLTRUSDT+0.0100%1h182.73+0.005%$3K$8K50xas long as short
Aevo PLTR-PERP+0.0104%1h182.60−0.065%$8910xas long as short
BloFin PLTR-USDT+0.0120%8h182.68−0.022%$123K$238K20xas long as short
edgeX PLTRUSDC+0.0765%4h182.74+0.010%$42K$262K10xas long as short