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

PLTR

RWAall PLTR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0132%/8h= −14.5% APRpaid last 24h −0.154%
Price spread now: Lighter against edgeX−0.101%7-day average −0.051% · you buy dearer than you sell
Net, funding: paid 7d − costs−$119as in the Funding arb table
Net, price: spread back to 7d avg − costs−$32as in the Price arb table
costs, in and out, $10k−$270.266% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.921%−$92 on $10k
Price spread, last 4 days (all we have)+0.231%+$23 · spread now −0.101%, 7d avg −0.051%
Together, before fees−0.690%+ Points / potential airdropedgeX: Active · Lighter: Season 3 · farm board−$69 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Lighter is 0.050% cheaper against edgeX than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.051%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX PLTRUSDC184.040.0164pay 0.0082% / 4h3h 17m$43K$266K10x
ShortLighter PLTR183.850.0032get 0.0004% / 1h17m 15s$220K$282K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against edgeX. 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
−$27.82
Price spread: −0.101% → −0.051%
−$4.99
Slippage, 4 orders
−$17.56
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Lighter: 0 bp × 2 orders
$0
Net
−$59.37
Costs to cover
0.266%
Break-even
never at this rate
Slippage from edgeX: live order book, 15 min ago; Lighter: live order book, 63 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 edgeX live order book, 15 min ago5.43 bp10.8 bp −$1117.2 bp −$172doesn't fitdoesn't fit
Sell Lighter live order book, 63 min ago1.23 bp1.2 bp −$19.2 bp −$92doesn'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
Aster PLTRUSDT0.0000%8h184.07+0.018%$61K$44K50xas long as short
Extended PLTR_24_5-USD0.0000%1h183.98−0.028%$304K$849K10xas long as short
Binance PLTRUSDT0.0000%8h184.03−0.003%$9.1M$31.8M20xas long as short
Bybit PLTRUSDT0.0000%8h183.96−0.041%$2.9M$2.5M25xas long as short
OKX PLTR-USDT-SWAP0.0000%8h184.08+0.024%$1.8M$2.5M20xas long as short
Gate PLTR_USDT0.0000%8h184.01−0.014%$326K$798K50xas long as short
Bitget PLTRUSDT0.0000%8h183.98−0.030%$3.4M$3.2M20xas long as short
Variational Omni PLTR0.0000%8h183.88−0.085%$740K$223Kas long as short
GRVT PLTR_USDT_Perp0.0000%8h183.96−0.040%$15K$522K10xas long as short
QFEX PLTR-USD+0.0011%1h184.05+0.008%$1.2M$2.1M10xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter PLTRshort+0.0032%1h183.85−0.101%$220K$282K10x
Lighter RH PLTR+0.0032%1h183.93−0.058%$376K$583K10xas long as short
Injective PLTR/USDC PERP+0.0033%1h181.69−1.274%$1K$42K30xas long as short
Arcus PLTR-USD+0.0040%1h183.99−0.025%$85K$49K10xas long as short
Vest PLTR-USD-PERP+0.0046%1h184.18+0.079%$124K25xas long as short
tradeXYZ xyz:PLTR+0.0050%1h183.91−0.068%$12.1M$6.6M10xas long as short
Polymarket Perps PLTR-USD+0.0050%1h183.89−0.079%$216K$659K10xas long as short
SoDEX PLTR-USD+0.0050%1h183.99−0.025%$52K$3K10xas long as short
Ondo Perps PLTR-USD.P+0.0050%1h183.87−0.090%$334K$2.0M10xas long as short
Hotstuff PLTR-PERP+0.0072%1h183.84−0.106%$29K$10K20xas long as short
Phoenix PLTR+0.0087%1h183.69−0.188%$30K$93K10xas long as short
Pacifica PLTR+0.0100%1h183.94−0.053%$194K$16K10xas long as short
KuCoin PLTRUSDTM+0.0100%8h183.82−0.117%$1.0M$118K20xas long as short
ApeX Omni PLTRUSDT+0.0100%1h183.75−0.155%$3K$8K50xas long as short
Aevo PLTR-PERP+0.0104%1h184.08+0.026%$9010xas long as short
BloFin PLTR-USDT+0.0120%8h184.07+0.019%$128K$271K20xas long as short
edgeX PLTRUSDClong+0.0164%4h184.04long leg$43K$266K10x