Funding you earn now, next payment 06:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h −0.101%
Price spread now: Lighter RH against Bitget−0.060%7-day average −0.101% · you buy dearer than you sell
Net, funding: paid 7d − costs−$50as in the Funding arb table
Net, price: spread back to 7d avg − costs−$33as in the Price arb table
costs, in and out, $10k−$370.370% of the position
Funding, last 7 days−0.132%−$13 on $10k
+Price spread, last 4 days (all we have)−0.099%−$10 · spread now −0.060%, 7d avg −0.101%
=Together, before fees−0.232%+ Points / potential airdropLighter RH: Points live · farm board−$23 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 Lighter RH is 0.041% dearer against Bitget than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.101%. Mind the row above: over the last 7 days funding on this pair cost −0.132%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget ORCLUSDT | 149.22 | 0 | get 0.0000% / 8h | 2h 34m | $7.7M | $3.8M | 20x |
| Short | Lighter RH ORCL | 149.13 | 0.0032 | get 0.0004% / 1h | 34m 56s | $622K | $317K | 10x |
Bitget ORCLUSDT
Lighter RH ORCLFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH 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
- $6.72
- Price spread: −0.060% → −0.101%
- $4.11
- Slippage, 4 orders
- −$24.97
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$26.14
- Costs to cover
- 0.370%
- Break-even
- 34.2 days
Slippage from Bitget: live order book, 3 min ago; Lighter RH: live order book, 13 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, 3 min ago | 1.67 bp | 17.0 bp −$17 | 27.2 bp −$272 | doesn't fit | doesn't fit |
| Sell Lighter RH live order book, 13 min ago | 1.67 bp | 2.4 bp −$2 | 7.4 bp −$74 | 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 | −0.0597% | 4h | 149.15 | −0.046% | $28K | $214K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.23 | +0.010% | $93K | $16K | 20x | as long as short |
| Bitget ORCLUSDTlong | 0.0000% | 8h | 149.22 | long leg | $7.7M | $3.8M | 20x | |
| SunX ORCL-USDT | 0.0000% | 8h | 149.33 | +0.074% | $3K | $2.7M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.27 | +0.034% | $52K | $25K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.21 | −0.007% | $473K | $51K | 10x | as long as short |
| Lighter RH ORCLshort | +0.0032% | 1h | 149.13 | −0.060% | $622K | $317K | 10x | |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.107% | $20K | $12K | 12x | as long as short |
| Arcus ORCL-USD | +0.0040% | 1h | 149.08 | −0.094% | $86K | $79K | 10x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.16 | −0.040% | — | $67K | 25x | as long as short |
edgeX ORCLUSDC
Aster ORCLUSDT
SunX ORCL-USDT
HTX ORCL-USDT
Lighter ORCL
Injective ORCL/USDC PERP
Arcus ORCL-USD
Vest ORCL-USD-PERPShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:ORCL | +0.0050% | 1h | 148.99 | −0.154% | $21.6M | $6.9M | 10x | as long as short |
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 149.06 | −0.107% | $131K | $92K | 10x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 149.10 | −0.080% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 148.96 | −0.174% | $702K | $805K | 10x | as long as short |
| QFEX ORCL-USD | +0.0058% | 1h | 149.08 | −0.094% | $1.1M | $2.1M | 10x | as long as short |
| Nado ORCL-PERP | +0.0062% | 1h | 149.08 | −0.094% | $88K | $22K | 10x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 149.08 | −0.094% | $22K | $263K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.08 | −0.094% | $190 | — | 10x | as long as short |
| GRVT ORCL_USDT_Perp | +0.0174% | 8h | 149.25 | +0.020% | $1K | $175K | 10x | as long as short |
| Variational Omni ORCL | +0.0212% | 8h | 149.16 | −0.039% | $1.3M | $363K | — | as long as short |
| Extended ORCL_24_5-USD | +0.0288% | 1h | 149.01 | −0.142% | $388K | $1.6M | 10x | as long as short |
| KuCoin ORCLUSDTM | +0.0288% | 8h | 149.17 | −0.034% | $240K | $288K | 20x | as long as short |
| Binance ORCLUSDT | +0.0288% | 8h | 149.05 | −0.113% | $25.0M | $35.7M | 20x | as long as short |
| Gate ORCL_USDT | +0.0296% | 8h | 149.15 | −0.047% | $2.3M | $3.0M | 25x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0323% | 8h | 149.12 | −0.067% | $4.9M | $6.0M | 20x | as long as short |
| Phoenix ORCL | +0.0428% | 1h | 149.09 | −0.087% | $152K | $75K | 10x | as long as short |
| Bybit ORCLUSDT | +0.0647% | 8h | 149.10 | −0.080% | $4.1M | $1.8M | 50x | as long as short |
| BloFin ORCL-USDT | +0.0670% | 8h | 149.28 | +0.040% | $47K | $43K | 20x | as long as short |
tradeXYZ xyz:ORCL
Polymarket Perps ORCL-USD
SoDEX ORCL-USD
Ondo Perps ORCL-USD.P
QFEX ORCL-USD
Nado ORCL-PERP
ApeX Omni ORACLEUSDT
Orderly PERP_ORCL_USDC_mythos
GRVT ORCL_USDT_Perp
Variational Omni ORCL
Extended ORCL_24_5-USD
KuCoin ORCLUSDTM
Binance ORCLUSDT
Gate ORCL_USDT
OKX ORCL-USDT-SWAP
Phoenix ORCL
Bybit ORCLUSDT
BloFin ORCL-USDT