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
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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps PLTR-USD.P | 183.46 | 0.0050 | pay 0.0006% / 1h | 2m 40s | $325K | $1.8M | 10x |
| Short | Lighter PLTR | 183.38 | 0.0032 | get 0.0004% / 1h | 2m 40s | $203K | $269K | 10x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Ondo Perps no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 17 min ago | 1.23 bp | 1.2 bp −$1 | 9.2 bp −$92 | doesn't fit | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps PLTR-USD | −0.0188% | 1h | 183.33 | −0.071% | $215K | $677K | 10x | as long as short |
| tradeXYZ xyz:PLTR | −0.0028% | 1h | 183.42 | −0.022% | $12.1M | $6.4M | 10x | as long as short |
| Aster PLTRUSDT | 0.0000% | 8h | 183.64 | +0.100% | $61K | $44K | 50x | as long as short |
| Extended PLTR_24_5-USD | 0.0000% | 1h | 183.50 | +0.020% | $304K | $846K | 10x | as long as short |
| Binance PLTRUSDT | 0.0000% | 8h | 183.54 | +0.044% | $9.0M | $31.1M | 20x | as long as short |
| Bybit PLTRUSDT | 0.0000% | 8h | 183.56 | +0.055% | $2.9M | $2.5M | 25x | as long as short |
| OKX PLTR-USDT-SWAP | 0.0000% | 8h | 183.63 | +0.093% | $1.7M | $2.3M | 20x | as long as short |
| Gate PLTR_USDT | 0.0000% | 8h | 183.49 | +0.016% | $325K | $805K | 50x | as long as short |
| Bitget PLTRUSDT | 0.0000% | 8h | 183.49 | +0.016% | $3.3M | $3.0M | 20x | as long as short |
| Variational Omni PLTR | 0.0000% | 8h | 183.45 | −0.005% | $739K | $224K | — | as long as short |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT PLTR_USDT_Perp | 0.0000% | 8h | 183.52 | +0.033% | $15K | $639K | 10x | as long as short |
| Lighter PLTRshort | +0.0032% | 1h | 183.38 | −0.042% | $203K | $269K | 10x | |
| Lighter RH PLTR | +0.0032% | 1h | 183.45 | −0.006% | $381K | $610K | 10x | as long as short |
| QFEX PLTR-USD | +0.0032% | 1h | 183.51 | +0.027% | $1.2M | $2.1M | 10x | as long as short |
| Injective PLTR/USDC PERP | +0.0033% | 1h | 181.69 | −0.965% | $1K | $42K | 30x | as long as short |
| Arcus PLTR-USD | +0.0040% | 1h | 183.42 | −0.022% | $86K | $47K | 10x | as long as short |
| Phoenix PLTR | +0.0044% | 1h | 183.46 | 0.000% | $30K | $93K | 10x | as long as short |
| Vest PLTR-USD-PERP | +0.0046% | 1h | 183.70 | +0.131% | — | $124K | 25x | as long as short |
| SoDEX PLTR-USD | +0.0050% | 1h | 183.49 | +0.016% | $52K | $3K | 10x | as long as short |
| Ondo Perps PLTR-USD.Plong | +0.0050% | 1h | 183.46 | long leg | $325K | $1.8M | 10x | |
| Hotstuff PLTR-PERP | +0.0064% | 1h | 183.45 | −0.005% | $29K | $10K | 20x | as long as short |
| Pacifica PLTR | +0.0100% | 1h | 183.50 | +0.022% | $193K | $15K | 10x | as long as short |
| KuCoin PLTRUSDTM | +0.0100% | 8h | 183.44 | −0.011% | $1.0M | $72K | 20x | as long as short |
| ApeX Omni PLTRUSDT | +0.0100% | 1h | 183.44 | −0.011% | $3K | $8K | 50x | as long as short |
| Aevo PLTR-PERP | +0.0104% | 1h | 183.51 | +0.025% | $90 | — | 10x | as long as short |
| BloFin PLTR-USDT | +0.0120% | 8h | 183.57 | +0.060% | $125K | $274K | 20x | as long as short |
| edgeX PLTRUSDC | +0.0879% | 4h | 183.46 | −0.002% | $42K | $265K | 10x | as long as short |
Lighter PLTR
Polymarket Perps PLTR-USD
tradeXYZ xyz:PLTR
Aster PLTRUSDT
Extended PLTR_24_5-USD
Binance PLTRUSDT
Bybit PLTRUSDT
OKX PLTR-USDT-SWAP
Gate PLTR_USDT
Bitget PLTRUSDT
Variational Omni PLTR
GRVT PLTR_USDT_Perp
Lighter RH PLTR
Injective PLTR/USDC PERP
Phoenix PLTR
SoDEX PLTR-USD
Pacifica PLTR
KuCoin PLTRUSDTM
ApeX Omni PLTRUSDT
BloFin PLTR-USDT
edgeX PLTRUSDC