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

PLTR

RWAall PLTR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0018%/8h= −2.0% APRnext payment $0.02 per $10,000 · paid last 24h −0.006%
Price spread now: Lighter against Ondo Perps−0.042%55s7-day average +0.004% · 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 7 days−0.020%−$2 on $10k
Price spread, last 4 days (all we have)−0.012%−$1 · spread now −0.042%, 7d avg +0.004%
Together, before fees−0.032%+ Points / potential airdropOndo Perps: Active · Lighter: Season 3 · farm board−$3 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 Lighter is 0.046% cheaper against Ondo Perps than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.004%). Swap the legs. The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps PLTR-USD.P183.460.0050pay 0.0006% / 1h2m 40s$325K$1.8M10x
ShortLighter PLTR183.380.0032get 0.0004% / 1h2m 40s$203K$269K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against Ondo Perps. 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
−$3.86
Price spread: −0.042% → +0.004%
−$4.58
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee Lighter: 0 bp × 2 orders
$0
Net
−$13.45
Costs to cover
0.050%
Break-even
never at this rate
Slippage unknown: Ondo Perps: no order-book sample; Lighter: live order book, 17 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 Ondo Perps no order-book sample
Sell Lighter live order book, 17 min ago1.23 bp1.2 bp −$19.2 bp −$92doesn't fitdoesn't fit
Ondo Perps: 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
Polymarket Perps PLTR-USD−0.0188%1h183.33−0.071%$215K$677K10xas long as short
tradeXYZ xyz:PLTR−0.0028%1h183.42−0.022%$12.1M$6.4M10xas long as short
Aster PLTRUSDT0.0000%8h183.64+0.100%$61K$44K50xas long as short
Extended PLTR_24_5-USD0.0000%1h183.50+0.020%$304K$846K10xas long as short
Binance PLTRUSDT0.0000%8h183.54+0.044%$9.0M$31.1M20xas long as short
Bybit PLTRUSDT0.0000%8h183.56+0.055%$2.9M$2.5M25xas long as short
OKX PLTR-USDT-SWAP0.0000%8h183.63+0.093%$1.7M$2.3M20xas long as short
Gate PLTR_USDT0.0000%8h183.49+0.016%$325K$805K50xas long as short
Bitget PLTRUSDT0.0000%8h183.49+0.016%$3.3M$3.0M20xas long as short
Variational Omni PLTR0.0000%8h183.45−0.005%$739K$224Kas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT PLTR_USDT_Perp0.0000%8h183.52+0.033%$15K$639K10xas long as short
Lighter PLTRshort+0.0032%1h183.38−0.042%$203K$269K10x
Lighter RH PLTR+0.0032%1h183.45−0.006%$381K$610K10xas long as short
QFEX PLTR-USD+0.0032%1h183.51+0.027%$1.2M$2.1M10xas long as short
Injective PLTR/USDC PERP+0.0033%1h181.69−0.965%$1K$42K30xas long as short
Arcus PLTR-USD+0.0040%1h183.42−0.022%$86K$47K10xas long as short
Phoenix PLTR+0.0044%1h183.460.000%$30K$93K10xas long as short
Vest PLTR-USD-PERP+0.0046%1h183.70+0.131%$124K25xas long as short
SoDEX PLTR-USD+0.0050%1h183.49+0.016%$52K$3K10xas long as short
Ondo Perps PLTR-USD.Plong+0.0050%1h183.46long leg$325K$1.8M10x
Hotstuff PLTR-PERP+0.0064%1h183.45−0.005%$29K$10K20xas long as short
Pacifica PLTR+0.0100%1h183.50+0.022%$193K$15K10xas long as short
KuCoin PLTRUSDTM+0.0100%8h183.44−0.011%$1.0M$72K20xas long as short
ApeX Omni PLTRUSDT+0.0100%1h183.44−0.011%$3K$8K50xas long as short
Aevo PLTR-PERP+0.0104%1h183.51+0.025%$9010xas long as short
BloFin PLTR-USDT+0.0120%8h183.57+0.060%$125K$274K20xas long as short
edgeX PLTRUSDC+0.0879%4h183.46−0.002%$42K$265K10xas long as short