Funding you earn now, next payment 08:00 UTC−0.0518%/8h= −56.7% APRpaid last 24h −0.106%
Price spread now: Lighter against BloFin+0.013%90s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.089%−$9 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$16 a day on $10k at the current rate. The two prices were read 90 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.089% in total (about -4.6% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin ORCL-USDT | 149.30 | 0.0550 | pay 0.0550% / 8h | 17m 32s | $48K | $45K | 20x |
| Short | Lighter ORCL | 149.32 | 0.0032 | get 0.0004% / 1h | 17m 32s | $477K | $59K | 10x |
BloFin ORCL-USDT
Lighter ORCLFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against BloFin. 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
- −$108.82
- Price spread: +0.013% → 0.000%
- $1.34
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$119.48
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: BloFin: no order-book sample; Lighter: live order book, 12 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 BloFin no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 12 min ago | 3.69 bp | 13.4 bp −$13 | 16.0 bp −$160 | doesn't fit | doesn't fit |
BloFin: 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.
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 | −0.0481% | 4h | 149.31 | +0.008% | $28K | $215K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.45 | +0.100% | $98K | $20K | 20x | as long as short |
| Bitget ORCLUSDT | 0.0000% | 8h | 149.36 | +0.040% | $7.7M | $2.7M | 20x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.54 | +0.161% | $2K | $2.7M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.46 | +0.107% | $52K | $25K | 20x | as long as short |
| Lighter ORCLshort | +0.0032% | 1h | 149.32 | +0.013% | $477K | $59K | 10x | |
| Lighter RH ORCL | +0.0032% | 1h | 149.29 | −0.007% | $623K | $320K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.161% | $20K | $9K | 12x | as long as short |
| Arcus ORCL-USD | +0.0040% | 1h | 149.18 | −0.080% | $86K | $79K | 10x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.25 | −0.033% | — | $67K | 25x | as long as short |
edgeX ORCLUSDC
Aster ORCLUSDT
Bitget ORCLUSDT
SunX ORCL-USDT
HTX ORCL-USDT
Lighter RH 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 | 149.12 | −0.121% | $21.7M | $6.9M | 10x | as long as short |
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 149.19 | −0.074% | $131K | $81K | 10x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 149.29 | −0.007% | $30K | $3K | 10x | as long as short |
| Nado ORCL-PERP | +0.0050% | 1h | 149.16 | −0.095% | $88K | $22K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 149.15 | −0.100% | $707K | $875K | 10x | as long as short |
| QFEX ORCL-USD | +0.0057% | 1h | 149.25 | −0.033% | $1.1M | $2.0M | 10x | as long as short |
| KuCoin ORCLUSDTM | +0.0100% | 8h | 149.33 | +0.020% | $241K | $276K | 20x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 149.36 | +0.040% | $22K | $264K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.30 | 0.000% | $190 | — | 10x | as long as short |
| Variational Omni ORCL | +0.0165% | 8h | 149.26 | −0.028% | $1.2M | $424K | — | as long as short |
| GRVT ORCL_USDT_Perp | +0.0180% | 8h | 149.33 | +0.023% | $1K | $155K | 10x | as long as short |
| Gate ORCL_USDT | +0.0199% | 8h | 149.37 | +0.047% | $2.3M | $3.0M | 25x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0216% | 8h | 149.30 | 0.000% | $4.9M | $6.0M | 20x | as long as short |
| Binance ORCLUSDT | +0.0255% | 8h | 149.29 | −0.009% | $25.1M | $36.8M | 20x | as long as short |
| Extended ORCL_24_5-USD | +0.0256% | 1h | 149.26 | −0.026% | $387K | $2.1M | 10x | as long as short |
| Phoenix ORCL | +0.0483% | 1h | 149.16 | −0.094% | $152K | $72K | 10x | as long as short |
| Bybit ORCLUSDT | +0.0545% | 8h | 149.30 | 0.000% | $4.2M | $1.9M | 50x | as long as short |
| BloFin ORCL-USDTlong | +0.0550% | 8h | 149.30 | long leg | $48K | $45K | 20x |
tradeXYZ xyz:ORCL
Polymarket Perps ORCL-USD
SoDEX ORCL-USD
Nado ORCL-PERP
Ondo Perps ORCL-USD.P
QFEX ORCL-USD
KuCoin ORCLUSDTM
ApeX Omni ORACLEUSDT
Orderly PERP_ORCL_USDC_mythos
Variational Omni ORCL
GRVT ORCL_USDT_Perp
Gate ORCL_USDT
OKX ORCL-USDT-SWAP
Binance ORCLUSDT
Extended ORCL_24_5-USD
Phoenix ORCL
Bybit ORCLUSDT