Funding you earn now, next payment 02:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h +0.023%
Price spread now: Bybit against Lighter+0.070%7-day average +0.095% · you sell dearer than you buy
Net, funding: paid 7d − costs−$38as in the Funding arb table
Net, price: spread back to 7d avg − costs−$39as in the Price arb table
costs, in and out, $10k−$360.364% of the position
Funding, last 7 days−0.015%−$1 on $10k
+Price spread, last 4 days (all we have)+0.019%+$2 · spread now +0.070%, 7d avg +0.095%
=Together, before fees+0.005%+ Points / potential airdropLighter: Season 3 · farm board$0 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Bybit is 0.025% cheaper against Lighter than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of +0.095%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter PLTR | 182.56 | 0.0032 | pay 0.0004% / 1h | 19m 22s | $184K | $264K | 10x |
| Short | Bybit PLTRUSDT | 182.69 | 0 | get 0.0000% / 8h | 6h 19m | $3.1M | $2.4M | 25x |
Lighter PLTR
Bybit PLTRUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Lighter. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
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: +0.070% → +0.095%
- −$2.45
- Slippage, 4 orders
- −$25.45
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$45.62
- Costs to cover
- 0.364%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 40 min ago; Bybit: live order book, 3 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Lighter live order book, 40 min ago | 0.03 bp | 1.6 bp −$2 | 7.6 bp −$76 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 3 min ago | 0.27 bp | 19.0 bp −$19 | 89.3 bp −$893 | doesn't fit | doesn't fit |
PLTR on 26 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps PLTR-USD | −0.0087% | 1h | 182.39 | −0.094% | $214K | $677K | 10x | as long as short |
| tradeXYZ xyz:PLTR | −0.0069% | 1h | 182.44 | −0.067% | $12.0M | $6.3M | 10x | as long as short |
| Aster PLTRUSDT | 0.0000% | 8h | 183.04 | +0.262% | $61K | $44K | 50x | as long as short |
| Extended PLTR_24_5-USD | 0.0000% | 1h | 182.60 | +0.022% | $303K | $1.4M | 10x | as long as short |
| Binance PLTRUSDT | 0.0000% | 8h | 182.66 | +0.055% | $9.0M | $30.2M | 20x | as long as short |
| Bybit PLTRUSDTshort | 0.0000% | 8h | 182.69 | +0.070% | $3.1M | $2.4M | 25x | |
| OKX PLTR-USDT-SWAP | 0.0000% | 8h | 182.65 | +0.048% | $1.7M | $2.3M | 20x | as long as short |
| Gate PLTR_USDT | 0.0000% | 8h | 182.69 | +0.070% | $333K | $721K | 50x | as long as short |
| Bitget PLTRUSDT | 0.0000% | 8h | 182.68 | +0.065% | $3.4M | $3.0M | 20x | as long as short |
| Variational Omni PLTR | 0.0000% | 8h | 182.71 | +0.082% | $738K | $219K | — | as long as short |
Polymarket Perps PLTR-USD
tradeXYZ xyz:PLTR
Aster PLTRUSDT
Extended PLTR_24_5-USD
Binance PLTRUSDT
OKX PLTR-USDT-SWAP
Gate PLTR_USDT
Bitget PLTRUSDT
Variational Omni PLTRShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT PLTR_USDT_Perp | 0.0000% | 8h | 182.73 | +0.092% | $16K | $670K | 10x | as long as short |
| Lighter PLTRlong | +0.0032% | 1h | 182.56 | long leg | $184K | $264K | 10x | |
| Lighter RH PLTR | +0.0032% | 1h | 182.59 | +0.013% | $366K | $607K | 10x | as long as short |
| Injective PLTR/USDC PERP | +0.0033% | 1h | 181.69 | −0.478% | $1K | $42K | 30x | as long as short |
| Arcus PLTR-USD | +0.0040% | 1h | 182.67 | +0.059% | $86K | $46K | 10x | as long as short |
| QFEX PLTR-USD | +0.0042% | 1h | 182.64 | +0.043% | $1.2M | $2.4M | 10x | as long as short |
| Vest PLTR-USD-PERP | +0.0046% | 1h | 182.74 | +0.098% | — | $124K | 25x | as long as short |
| Hotstuff PLTR-PERP | +0.0048% | 1h | 182.50 | −0.034% | $29K | $10K | 20x | as long as short |
| SoDEX PLTR-USD | +0.0050% | 1h | 182.67 | +0.059% | $52K | $3K | 10x | as long as short |
| Ondo Perps PLTR-USD.P | +0.0050% | 1h | 182.56 | −0.001% | $392K | $1.6M | 10x | as long as short |
| Phoenix PLTR | +0.0087% | 1h | 182.58 | +0.010% | $30K | $93K | 10x | as long as short |
| Pacifica PLTR | +0.0100% | 1h | 182.62 | +0.031% | $192K | $14K | 10x | as long as short |
| KuCoin PLTRUSDTM | +0.0100% | 8h | 182.60 | +0.021% | $1.1M | $28K | 20x | as long as short |
| ApeX Omni PLTRUSDT | +0.0100% | 1h | 182.64 | +0.043% | $3K | $8K | 50x | as long as short |
| Aevo PLTR-PERP | +0.0104% | 1h | 182.68 | +0.062% | $90 | — | 10x | as long as short |
| edgeX PLTRUSDC | +0.0525% | 4h | 182.72 | +0.087% | $42K | $263K | 10x | as long as short |
GRVT PLTR_USDT_Perp
Lighter RH PLTR
Injective PLTR/USDC PERP
Arcus PLTR-USD
QFEX PLTR-USD
Vest PLTR-USD-PERP
Hotstuff PLTR-PERP
SoDEX PLTR-USD
Ondo Perps PLTR-USD.P
Phoenix PLTR
Pacifica PLTR
KuCoin PLTRUSDTM
ApeX Omni PLTRUSDT
Aevo PLTR-PERP
edgeX PLTRUSDC