Funding you earn now, next payment 00:00 UTC+0.0048%/8h= +5.3% APRnext payment +$0.06 per $10,000 · paid last 24h −0.003%
Price spread now: QFEX against Lighter RH+0.053%7-day average +0.027% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$15as in the Price arb table
costs, in and out, $10k−$170.175% of the position
Funding, last 3 days (all we have)−0.028%−$3 on $10k
+Price spread, last 4 days (all we have)+0.051%+$5 · spread now +0.053%, 7d avg +0.027%
=Together, before fees+0.023%+ Points / potential airdropLighter RH: Points live · farm board+$2 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 QFEX is 0.026% dearer against Lighter RH than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.027%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH PLTR | 182.94 | 0.0032 | pay 0.0004% / 1h | 36m 24s | $364K | $623K | 10x |
| Short | QFEX PLTR-USD | 183.04 | 0.0080 | get 0.0010% / 1h | 36m 24s | $1.2M | $2.6M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $10.08
- Price spread: +0.053% → +0.027%
- $2.6
- Slippage, 4 orders
- −$7.45
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$4.77
- Costs to cover
- 0.175%
- Break-even
- 10.3 days
Slippage from Lighter RH: live order book, 41 min ago; QFEX: live order book, 6 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 RH live order book, 41 min ago | 1.39 bp | 2.2 bp −$2 | 9.1 bp −$91 | doesn't fit | doesn't fit |
| Sell QFEX live order book, 6 min ago | 0.82 bp | 5.9 bp −$6 | 7.1 bp −$71 | doesn't fit | doesn't fit |
PLTR on 27 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 | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff PLTR-PERP | −0.0040% | 1h | 182.84 | −0.056% | $29K | $10K | 20x | as long as short |
| tradeXYZ xyz:PLTR | −0.0008% | 1h | 182.84 | −0.056% | $12.0M | $6.5M | 10x | as long as short |
| Aster PLTRUSDT | 0.0000% | 8h | 182.89 | −0.031% | $60K | $37K | 50x | as long as short |
| OKX PLTR-USDT-SWAP | 0.0000% | 8h | 183.11 | +0.091% | $1.8M | $2.2M | 20x | as long as short |
| Gate PLTR_USDT | 0.0000% | 8h | 182.97 | +0.015% | $333K | $707K | 50x | as long as short |
| Bitget PLTRUSDT | 0.0000% | 8h | 182.99 | +0.026% | $3.4M | $3.3M | 20x | as long as short |
| Variational Omni PLTR | 0.0000% | 8h | 183.08 | +0.077% | $735K | $234K | — | as long as short |
| GRVT PLTR_USDT_Perp | 0.0000% | 8h | 183.08 | +0.075% | $16K | $692K | 10x | as long as short |
| Extended PLTR_24_5-USD | +0.0008% | 1h | 183.07 | +0.069% | $303K | $1.4M | 10x | as long as short |
| Binance PLTRUSDT | +0.0009% | 8h | 183.10 | +0.086% | $9.3M | $30.3M | 20x | as long as short |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps PLTR-USD | +0.0020% | 1h | 182.79 | −0.084% | $210K | $673K | 10x | as long as short |
| Lighter PLTR | +0.0032% | 1h | 182.91 | −0.019% | $184K | $298K | 10x | as long as short |
| Lighter RH PLTRlong | +0.0032% | 1h | 182.94 | long leg | $364K | $623K | 10x | |
| Injective PLTR/USDC PERP | +0.0033% | 1h | 181.69 | −0.685% | $1K | $42K | 30x | as long as short |
| BloFin PLTR-USDT | +0.0034% | 8h | 183.08 | +0.075% | $126K | $185K | 20x | as long as short |
| Vest PLTR-USD-PERP | +0.0046% | 1h | 183.07 | +0.069% | — | $124K | 25x | as long as short |
| SoDEX PLTR-USD | +0.0050% | 1h | 183.04 | +0.053% | $52K | $4K | 10x | as long as short |
| Ondo Perps PLTR-USD.P | +0.0050% | 1h | 182.89 | −0.029% | $458K | $1.5M | 10x | as long as short |
| QFEX PLTR-USDshort | +0.0080% | 1h | 183.04 | +0.053% | $1.2M | $2.6M | 10x | |
| Pacifica PLTR | +0.0100% | 1h | 182.93 | −0.009% | $193K | $14K | 10x | as long as short |
| KuCoin PLTRUSDTM | +0.0100% | 8h | 182.98 | +0.020% | $1.1M | $25K | 20x | as long as short |
| ApeX Omni PLTRUSDT | +0.0100% | 1h | 183.00 | +0.031% | $3K | $8K | 50x | as long as short |
| Aevo PLTR-PERP | +0.0104% | 1h | 183.06 | +0.065% | $90 | — | 10x | as long as short |
| Phoenix PLTR | +0.0131% | 1h | 182.96 | +0.009% | $30K | $119K | 10x | as long as short |
| Bybit PLTRUSDT | +0.0308% | 8h | 183.10 | +0.086% | $3.0M | $2.3M | 25x | as long as short |
| edgeX PLTRUSDC | +0.0424% | 4h | 183.06 | +0.067% | $42K | $261K | 10x | as long as short |
| Arcus PLTR-USD | +0.0583% | 1h | 183.04 | +0.053% | $86K | $47K | 10x | as long as short |
Lighter RH PLTR
tradeXYZ xyz:PLTR
Aster PLTRUSDT
OKX PLTR-USDT-SWAP
Gate PLTR_USDT
Bitget PLTRUSDT
Variational Omni PLTR
GRVT PLTR_USDT_Perp
Extended PLTR_24_5-USD
Binance PLTRUSDT
Polymarket Perps PLTR-USD
Lighter PLTR
Injective PLTR/USDC PERP
BloFin PLTR-USDT
SoDEX PLTR-USD
Pacifica PLTR
KuCoin PLTRUSDTM
ApeX Omni PLTRUSDT
Phoenix PLTR
Bybit PLTRUSDT
edgeX PLTRUSDC