Funding you earn now, next payment 04:00 UTC−0.0026%/8h= −2.8% APRpaid last 24h −0.102%
Price spread now: Lighter against Bitget−0.067%7-day average −0.018% · you buy dearer than you sell
Net, funding: paid 7d − costs−$73as in the Funding arb table
Net, price: spread back to 7d avg − costs−$75as in the Price arb table
costs, in and out, $10k−$700.701% of the position
Funding, last 7 days−0.032%−$3 on $10k
+Price spread, last 4 days (all we have)−0.071%−$7 · spread now −0.067%, 7d avg −0.018%
=Together, before fees−0.103%+ Points / potential airdropLighter: Season 3 · farm board−$10 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 0.048% cheaper against Bitget than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.018%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget ORCLUSDT | 149.80 | 0.0058 | pay 0.0058% / 8h | 4h 43m | $7.7M | $3.9M | 20x |
| Short | Lighter ORCL | 149.70 | 0.0032 | get 0.0004% / 1h | 43m 25s | $474K | $51K | 10x |
Bitget ORCLUSDT
Lighter ORCLFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Bitget. 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
- −$5.46
- Price spread: −0.067% → −0.018%
- −$4.84
- Slippage, 4 orders
- −$58.09
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$80.39
- Costs to cover
- 0.701%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 5 min ago; Lighter: 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 Bitget live order book, 5 min ago | 1.67 bp | 14.6 bp −$15 | 24.0 bp −$240 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 6 min ago | 5.34 bp | 22.8 bp −$23 | 24.0 bp −$240 | doesn't fit | doesn't fit |
ORCL on 28 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX ORCLUSDC | −0.0185% | 4h | 149.62 | −0.119% | $28K | $214K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.59 | −0.143% | $94K | $16K | 20x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.86 | +0.040% | $3K | $2.7M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.64 | −0.107% | $52K | $23K | 20x | as long as short |
| Lighter ORCLshort | +0.0032% | 1h | 149.70 | −0.067% | $474K | $51K | 10x | |
| Lighter RH ORCL | +0.0032% | 1h | 149.73 | −0.047% | $624K | $313K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.494% | $20K | $12K | 12x | as long as short |
| Arcus ORCL-USD | +0.0040% | 1h | 149.55 | −0.167% | $87K | $79K | 10x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.72 | −0.053% | — | $67K | 25x | as long as short |
| tradeXYZ xyz:ORCL | +0.0050% | 1h | 149.61 | −0.127% | $21.6M | $6.8M | 10x | as long as short |
edgeX ORCLUSDC
Aster ORCLUSDT
SunX ORCL-USDT
HTX ORCL-USDT
Lighter RH ORCL
Injective ORCL/USDC PERP
Arcus ORCL-USD
Vest ORCL-USD-PERP
tradeXYZ xyz:ORCLShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 149.66 | −0.093% | $131K | $90K | 10x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 149.66 | −0.093% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 149.43 | −0.247% | $703K | $718K | 10x | as long as short |
| Bitget ORCLUSDTlong | +0.0058% | 8h | 149.80 | long leg | $7.7M | $3.9M | 20x | |
| Nado ORCL-PERP | +0.0064% | 1h | 149.60 | −0.136% | $91K | $20K | 10x | as long as short |
| QFEX ORCL-USD | +0.0080% | 1h | 149.70 | −0.067% | $1.1M | $2.4M | 10x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 149.51 | −0.194% | $22K | $265K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.67 | −0.087% | $190 | — | 10x | as long as short |
| Gate ORCL_USDT | +0.0173% | 8h | 149.78 | −0.013% | $2.3M | $2.9M | 25x | as long as short |
| Variational Omni ORCL | +0.0237% | 8h | 149.61 | −0.128% | $1.3M | $363K | — | as long as short |
| GRVT ORCL_USDT_Perp | +0.0261% | 8h | 149.65 | −0.100% | $2K | $178K | 10x | as long as short |
| Binance ORCLUSDT | +0.0312% | 8h | 149.74 | −0.043% | $25.1M | $35.6M | 20x | as long as short |
| Extended ORCL_24_5-USD | +0.0312% | 1h | 149.69 | −0.074% | $388K | $1.3M | 10x | as long as short |
| KuCoin ORCLUSDTM | +0.0382% | 8h | 149.72 | −0.053% | $262K | $274K | 20x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0400% | 8h | 149.75 | −0.033% | $5.0M | $5.7M | 20x | as long as short |
| Phoenix ORCL | +0.0481% | 1h | 149.57 | −0.154% | $153K | $75K | 10x | as long as short |
| Bybit ORCLUSDT | +0.0719% | 8h | 149.85 | +0.033% | $4.0M | $1.8M | 50x | as long as short |
| BloFin ORCL-USDT | +0.0725% | 8h | 149.78 | −0.013% | $47K | $43K | 20x | as long as short |
Polymarket Perps ORCL-USD
SoDEX ORCL-USD
Ondo Perps ORCL-USD.P
Nado ORCL-PERP
QFEX ORCL-USD
ApeX Omni ORACLEUSDT
Orderly PERP_ORCL_USDC_mythos
Gate ORCL_USDT
Variational Omni ORCL
GRVT ORCL_USDT_Perp
Binance ORCLUSDT
Extended ORCL_24_5-USD
KuCoin ORCLUSDTM
OKX ORCL-USDT-SWAP
Phoenix ORCL
Bybit ORCLUSDT
BloFin ORCL-USDT