PLTR funding rates

PLTR perpetual funding across 9 venues. Rates are annualized (APR); positive means longs pay shorts.

· refreshed every 5 min

Best pair · 7d
8.6%long Bybit, short Lighter RH · net 5.8%
Highest funding now
5.5%Polymarket
Lowest funding now
−28.0%Lighter
Listed on
9 venues

Funding by venue

7d chartFlagsOpen
PolymarketPLTR-USD5.5%3.9%−4.4%−0.5%−5.8%56%1h04:00209.10$233k$3kTradFiPmPolymarket
AsterPLTRUSDT0.0%0.0%0.0%0.0%0.0%0%8h08:00209.43$112k$6kTradFiAsAster
GRVTPLTR_USDT_Perp0.0%0.0%0.0%0.0%0.0%0%8h08:00209.44$11k$354kTradFiGrGRVT
VariationalPLTR0.0%0.0%0.0%0.0%0.0%0%8h—209.21$877k$479kTradFiVaVariational
BitgetCEXPLTRUSDT0.0%0.0%0.0%−0.1%0.0%0%8h08:00209.35$4.0M$1.7MTradFiBgBitget
GateCEXPLTR_USDT0.0%0.2%0.0%0.1%0.0%2%8h08:00209.33$608k$498kTradFiGtGate
Lighter RHPLTR−8.8%1.8%3.3%3.5%3.6%96%1h04:00209.00$1.1M$1.7MTradFiLrLighter RH
BybitCEXPLTRUSDT−13.9%−8.5%−5.3%−1.4%−4.7%1%8h08:00209.30$4.0M$477kTradFiByBybit
LighterPLTR−28.0%−1.4%2.1%3.0%2.7%86%1h04:00208.93$496k$1.0MTradFiLiLighter

Sparklines: hourly funding APR over the last 7 days, zero line dashed.

Long/short pairs

Funding spreads, annualized: short-leg rate minus long-leg rate.
Spread APRAfter taker feesQuality
7d trendFlagsOpenCalc
BybitCEXLighter RH5.1%10.4%8.6%5.3%5.8%8.6%4.7dsteady$1.1M8h/1hTradFiByLrcalc
BybitCEXLighter−14.2%7.2%7.4%4.4%4.5%6.8%5.4dcooling$496k8h/1hTradFiByLicalc
VariationalLighter RH−8.8%1.8%3.3%3.2%3.3%5.0%<0.1dweak$877k8h/1hTradFispread not incl.VaLrcalc
PolymarketLighter RH−14.2%−2.1%7.7%4.8%5.6%8.4%3.8dmixed$233kTradFiinvite onlyPmLrcalc
BybitCEXVariational13.9%8.5%5.3%1.4%2.4%3.6%7.6dweak$877kTradFispread not incl.ByVacalc
PolymarketLighter−33.5%−5.3%6.5%3.5%4.4%6.5%4.5dmixed$233kTradFiinvite onlyPmLicalc
VariationalLighter−28.0%−1.4%2.1%3.0%2.1%3.1%<0.1dweak$496k8h/1hTradFispread not incl.VaLicalc
LighterLighter RH19.3%3.2%1.3%0.5%1.3%1.9%<0.1dweak$496kTradFiLiLrcalc
AsterLighter RH−8.8%1.8%3.3%3.5%1.3%1.9%8.7dweak$112k8h/1hTradFiAsLrcalc
PolymarketVariational−5.5%−3.9%4.4%0.5%2.3%3.4%6.7dmixed$233k1h/8hTradFiinvite onlyspread not incl.PmVacalc
GRVTLighter RH−8.8%1.8%3.3%3.5%1.0%1.5%9.8dweak$11klow OI8h/1hTradFiGrLrcalc
BybitCEXAster13.9%8.5%5.3%1.4%0.3%0.5%13dweak$112kTradFiByAscalc
BitgetCEXLighter RH−8.8%1.8%3.3%3.5%0.2%0.3%13dweak$1.1M8h/1hTradFiBgLrcalc
PolymarketAster−5.5%−3.9%4.4%0.5%0.2%0.3%13dmixed$112k1h/8hTradFiinvite onlyPmAscalc
BybitCEXGRVT13.9%8.5%5.3%1.4%0.1%0.1%14dweak$11klow OITradFiByGrcalc
AsterLighter−28.0%−1.4%2.1%3.0%0.0%0.0%14dweak$112k8h/1hTradFiAsLicalc
PolymarketGRVT−5.5%−3.9%4.4%0.5%−0.1%−0.1%14dmixed$11klow OI1h/8hTradFiinvite onlyPmGrcalc
GRVTLighter−28.0%−1.4%2.1%3.0%−0.3%−0.4%16dweak$11klow OI8h/1hTradFiGrLicalc
GateCEXLighter RH−8.8%1.6%3.3%3.4%−0.6%−0.9%17dweak$608k8h/1hTradFiGtLrcalc
BybitCEXBitgetCEX13.9%8.5%5.3%1.3%−0.7%−1.1%16dweak$4.0MTradFiByBgcalc
BitgetCEXLighter−28.0%−1.4%2.1%3.1%−1.0%−1.6%21dweak$496k8h/1hTradFiBgLicalc
BybitCEXGateCEX13.9%8.7%5.3%1.5%−1.5%−2.2%18dweak$608kTradFiByGtcalc
PolymarketBitgetCEX−5.5%−3.9%4.4%0.4%−0.8%−1.3%17dmixed$233k1h/8hTradFiinvite onlyPmBgcalc
GateCEXLighter−28.0%−1.5%2.1%2.9%−1.8%−2.8%27dweak$496k8h/1hTradFiGtLicalc
PolymarketGateCEX−5.5%−3.8%4.4%0.6%−1.6%−2.4%19dmixed$233k1h/8hTradFiinvite onlyPmGtcalc
VariationalGateCEX0.0%0.2%0.0%0.1%−3.9%−5.8%>999dweak$608kTradFispread not incl.VaGtcalc
BybitCEXPolymarket19.3%12.5%0.9%0.9%−4.0%−6.0%75dweak$233k8h/1hTradFiinvite onlyByPmcalc
LighterVariational28.0%1.4%−2.1%−3.0%−2.1%−3.1%—mixed$496k1h/8hTradFispread not incl.LiVacalc
AsterGateCEX0.0%0.2%0.0%0.1%−6.0%−9.0%>999dweak$112kTradFiAsGtcalc
Lighter RHVariational8.8%−1.8%−3.3%−3.2%−3.3%−5.0%—mixed$877k1h/8hTradFispread not incl.LrVacalc
BitgetCEXGateCEX0.0%0.2%0.0%0.2%−7.0%−10.5%>999dweak$608kTradFiBgGtcalc
LighterAster28.0%1.4%−2.1%−3.0%−4.2%−6.3%—mixed$112k1h/8hTradFiLiAscalc
LighterBitgetCEX28.0%1.4%−2.1%−3.1%−5.2%−7.8%—mixed$496k1h/8hTradFiLiBgcalc
Lighter RHAster8.8%−1.8%−3.3%−3.5%−5.4%−8.1%—mixed$112k1h/8hTradFiLrAscalc
LighterGateCEX28.0%1.5%−2.1%−2.9%−6.0%−9.0%—mixed$496k1h/8hTradFiLiGtcalc
GRVTGateCEX0.0%0.2%0.0%0.1%−6.2%−9.4%>999dweak$11klow OITradFiGrGtcalc
VariationalPolymarket5.5%3.9%−4.4%−0.5%−6.5%−9.7%—mixed$233k8h/1hTradFiinvite onlyspread not incl.VaPmcalc
Lighter RHBitgetCEX8.8%−1.8%−3.3%−3.5%−6.5%−9.7%—mixed$1.1M1h/8hTradFiLrBgcalc
Lighter RHGateCEX8.8%−1.6%−3.3%−3.4%−7.2%−10.8%—mixed$608k1h/8hTradFiLrGtcalc
LighterPolymarket33.5%5.3%−6.5%−3.5%−8.5%−12.8%—mixed$233kTradFiinvite onlyLiPmcalc
AsterPolymarket5.5%3.9%−4.4%−0.5%−8.5%−12.8%—mixed$112k8h/1hTradFiinvite onlyAsPmcalc
LighterGRVT28.0%1.4%−2.1%−3.0%−4.4%−6.6%—mixed$11klow OI1h/8hTradFiLiGrcalc
BitgetCEXPolymarket5.5%3.9%−4.4%−0.4%−9.6%−14.4%—mixed$233k8h/1hTradFiinvite onlyBgPmcalc
Lighter RHPolymarket14.2%2.1%−7.7%−4.8%−9.8%−14.7%—mixed$233kTradFiinvite onlyLrPmcalc
LighterBybitCEX14.2%−7.2%−7.4%−4.4%−10.2%−15.4%—mixed$496k1h/8hTradFiLiBycalc
GateCEXPolymarket5.5%3.8%−4.4%−0.6%−10.4%−15.6%—mixed$233k8h/1hTradFiinvite onlyGtPmcalc
Lighter RHGRVT8.8%−1.8%−3.3%−3.5%−5.7%−8.5%—mixed$11klow OI1h/8hTradFiLrGrcalc
GRVTPolymarket5.5%3.9%−4.4%−0.5%−8.8%−13.2%—mixed$11klow OI8h/1hTradFiinvite onlyGrPmcalc
What the columns and badges mean
now
Current funding spread APR: short-leg rate minus long-leg rate, annualized.
24h
Average spread APR over the last 24 hours, on hours when both venues have data (settled funding, plus predicted rates for hours not settled yet).
7d
Average spread APR over the last 7 days, on hours when both venues have data (settled funding, plus predicted rates for hours not settled yet). Used for ranking and net APR.
30d
Average spread APR over the last 30 days, on hours when both venues have data (settled funding, plus predicted rates for hours not settled yet).
7d trend
Spread APR over the last 7 days in 6-hour averages; the dashed line is zero.
Net APR
7d spread APR minus taker fees to open and close both legs, spread over the holding period: net = spread7d − fees × 365 / days. Per unit of notional per leg.
On capital
Net APR on the capital posted for both legs at this leverage: net × leverage / 2.
Breakeven
Days of 7d-average funding needed to pay back open+close taker fees.
Min OI
Smaller open interest of the two legs, USD.
steady
Steady: prior-week spread at least 5% APR, last 24h positive and no spike, positive now. Not negative in X% of hours over 7 days.
spike
The last 24h spread is far above the prior 6-day average (more than 3×, or above 15% APR after a weak prior) — it may not last.
mixed
The spread was negative too often: not negative in only X% of hours over 7 days.
new
Less than 4 days of shared history in the prior week: stability cannot be judged yet.
weak
Prior-week spread under 5% APR: too small to call steady.
cooling
The prior week was solid, but the last 24h or the current spread is not positive.
≠ asset?
Mark prices differ by N bps — these may be different assets under one ticker, or contracts of a different size (e.g. per 1,000 coins). Verify before trading.
stale
At least one leg has not updated for over 30 minutes.
low OI
Open interest under $50k on at least one leg — size carefully.
8h/1h
Funding intervals differ (8h vs 1h): payments are not simultaneous.
TradFi
Tokenized stock, index or commodity: trading sessions and oracle rules may differ.
invite only
Invite-only venue: an account needs an invite code, so it is not selected by default. Tick it in the venue filter to include it.
spread not incl.
A leg trades on quotes with no fee (Variational): the cost is the market maker's quote spread, which we cannot see, so the net APR is before it. Compare the quote with the mark price before you trade.
CEX
Centralized exchange: trading needs an account with identity verification (KYC).

Prices now

Buy on the row's venue at its ask, sell on the column's venue at its bid; spread before fees.

Indicative · marks from 2026-10-12 03:16 UTC

Live quotes are unavailable right now (last update: never). Shown instead: indicative spreads between mark prices from the funding snapshot. Marks are taken minutes apart and are not prices you can trade at.

PLTR · TradFi

No two venues give a usable spread right now.

PLTR: spread buying on the row's venue and selling on the column's venue
Buy ↓ · Sell →GRVT209.444Aster209.434Bitget209.35Gate209.33Bybit209.3Variational209.207Polymarket209.1Lighter RH209.004Lighter208.93
Lighter208.930.246%0.241%0.201%0.192%0.177%0.133%0.082%0.035%—
Lighter RH209.0040.210%0.206%0.166%0.156%0.142%0.097%0.046%—−0.035%
Polymarket209.10.164%0.160%0.119%0.110%0.096%0.051%—−0.046%−0.082%
Variational209.2070.113%0.108%0.068%0.059%0.044%—−0.051%−0.097%−0.133%
Bybit209.30.069%0.064%0.024%0.014%—−0.044%−0.096%−0.142%−0.177%
Gate209.330.054%0.050%0.010%—−0.014%−0.059%−0.110%−0.156%−0.192%
Bitget209.350.045%0.040%—−0.010%−0.024%−0.068%−0.119%−0.166%−0.201%
Aster209.4340.005%—−0.040%−0.050%−0.064%−0.108%−0.160%−0.206%−0.241%
GRVT209.444—−0.005%−0.045%−0.054%−0.069%−0.113%−0.164%−0.210%−0.246%
All quotes (9)
VenueBidAskQualityAgeVol 24hFlags
Aster209.434209.434mark7m$6kclosedno FX
BitgetCEX209.35209.35mark6m$1.7Mclosedno FX
BybitCEX209.3209.3mark6m$477kclosedno FX
GateCEX209.33209.33mark6m$498kclosedno FX
GRVT209.444209.444mark7m$354kclosedno FX
Lighter208.93208.93mark7m$1.0Mclosed
Polymarket209.1209.1mark7m$3kclosed
Lighter RH209.004209.004mark7m$1.7Mclosed
Variational209.207209.207mark7m$479kclosed

All spreads → · Hatched cells use a mark or mid price, a flagged venue or one outside the default selection.

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