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

PLTR

RWAall PLTR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0080%/8h= −8.8% APRnext payment $0.10 per $10,000 · paid last 24h −0.003%
Price spread now: Lighter against Hotstuff−0.022%7-day average · you buy dearer than you sell
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)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHotstuff: Active · Lighter: Season 3 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Lighter is 0.022% cheaper against Hotstuff than usual: you would sell low and buy high (−$2 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHotstuff PLTR-PERP182.950.0112pay 0.0014% / 1h44m 56s$29K$10K20x
ShortLighter PLTR182.910.0032get 0.0004% / 1h44m 56s$190K$299K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against Hotstuff. 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
−$16.8
Price spread: −0.022% → 0.000%
−$2.24
Slippage, 4 orders
no order book: not counted
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Fee Lighter: 0 bp × 2 orders
$0
Net
−$24.04
Costs to cover
0.050%
Break-even
never at this rate
Slippage unknown: Hotstuff: no order-book sample; Lighter: live order book, 29 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 Hotstuff no order-book sample
Sell Lighter live order book, 29 min ago0.49 bp21.0 bp −$2129.8 bp −$298doesn't fitdoesn't fit
Hotstuff: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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%8h182.98+0.017%$60K$37K50xas long as short
Extended PLTR_24_5-USD0.0000%1h183.12+0.090%$303K$1.4M10xas long as short
Binance PLTRUSDT0.0000%8h183.15+0.109%$9.4M$30.2M20xas long as short
OKX PLTR-USDT-SWAP0.0000%8h183.09+0.077%$1.8M$2.3M20xas long as short
Gate PLTR_USDT0.0000%8h183.04+0.049%$333K$710K50xas long as short
Bitget PLTRUSDT0.0000%8h183.01+0.033%$3.4M$3.3M20xas long as short
Variational Omni PLTR0.0000%8h183.19+0.130%$636K$136Kas long as short
GRVT PLTR_USDT_Perp0.0000%8h183.18+0.128%$16K$692K10xas long as short
Lighter PLTRshort+0.0032%1h182.91−0.022%$190K$299K10x
Lighter RH PLTR+0.0032%1h183.00+0.030%$374K$615K10xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective PLTR/USDC PERP+0.0033%1h181.69−0.689%$1K$42K30xas long as short
Vest PLTR-USD-PERP+0.0046%1h183.11+0.087%$124K25xas long as short
Polymarket Perps PLTR-USD+0.0048%1h182.82−0.071%$210K$675K10xas long as short
tradeXYZ xyz:PLTR+0.0050%1h182.94−0.005%$12.1M$6.8M10xas long as short
SoDEX PLTR-USD+0.0050%1h183.06+0.060%$52K$4K10xas long as short
Ondo Perps PLTR-USD.P+0.0050%1h183.01+0.033%$396K$1.4M10xas long as short
QFEX PLTR-USD+0.0080%1h183.11+0.087%$1.2M$2.5M10xas long as short
Pacifica PLTR+0.0100%1h183.04+0.051%$193K$13K10xas long as short
KuCoin PLTRUSDTM+0.0100%8h182.91−0.022%$1.1M$24K20xas long as short
ApeX Omni PLTRUSDT+0.0100%1h183.01+0.033%$3K$8K50xas long as short
Aevo PLTR-PERP+0.0104%1h183.13+0.097%$9010xas long as short
Hotstuff PLTR-PERPlong+0.0112%1h182.95long leg$29K$10K20x
BloFin PLTR-USDT+0.0120%8h183.13+0.098%$125K$187K20xas long as short
Phoenix PLTR+0.0175%1h183.05+0.055%$30K$119K10xas long as short
Bybit PLTRUSDT+0.0324%8h183.12+0.093%$3.0M$2.3M25xas long as short
edgeX PLTRUSDC+0.0474%4h183.19+0.133%$42K$262K10xas long as short
Arcus PLTR-USD+0.0571%1h183.08+0.071%$86K$47K10xas long as short