Funding you earn now, next payment 05:00 UTC−0.0663%/8h= −72.6% APRpaid last 24h −0.105%
Price spread now: Lighter RH against BloFin−0.060%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.188%−$19 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter RH: Points live · farm boardneeds both histories
Both sides work against this trade now: funding costs −$20 a day on $10k at the current rate, and Lighter RH is 0.060% cheaper against BloFin than usual: you would sell low and buy high (−$6 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.188% in total (about -9.8% 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 | 149.90 | 0.0695 | pay 0.0695% / 8h | 3h 19m | $47K | $43K | 20x |
| Short | Lighter RH ORCL | 149.81 | 0.0032 | get 0.0004% / 1h | 19m 14s | $625K | $317K | 10x |
BloFin ORCL-USDT
Lighter RH ORCLFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH 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
- −$139.15
- Price spread: −0.060% → 0.000%
- −$6
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$157.15
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: BloFin: no order-book sample; Lighter RH: live order book, 33 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 RH live order book, 33 min ago | 1.34 bp | 3.1 bp −$3 | 10.7 bp −$107 | 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 | −0.0490% | 4h | 149.88 | −0.015% | $28K | $214K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.83 | −0.049% | $94K | $16K | 20x | as long as short |
| Bitget ORCLUSDT | 0.0000% | 8h | 149.86 | −0.027% | $7.7M | $3.8M | 20x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 150.03 | +0.087% | $3K | $2.7M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.92 | +0.013% | $52K | $24K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.84 | −0.040% | $475K | $51K | 10x | as long as short |
| Lighter RH ORCLshort | +0.0032% | 1h | 149.81 | −0.060% | $625K | $317K | 10x | |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.560% | $20K | $12K | 12x | as long as short |
| Arcus ORCL-USD | +0.0040% | 1h | 149.72 | −0.120% | $87K | $79K | 10x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.85 | −0.033% | — | $67K | 25x | as long as short |
edgeX ORCLUSDC
Aster ORCLUSDT
Bitget 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 | 149.69 | −0.140% | $21.7M | $6.8M | 10x | as long as short |
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 149.74 | −0.107% | $131K | $91K | 10x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 149.79 | −0.073% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 149.66 | −0.160% | $685K | $773K | 10x | as long as short |
| Nado ORCL-PERP | +0.0063% | 1h | 149.69 | −0.142% | $88K | $22K | 10x | as long as short |
| QFEX ORCL-USD | +0.0067% | 1h | 149.77 | −0.087% | $1.1M | $2.1M | 10x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 149.79 | −0.073% | $22K | $263K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.77 | −0.087% | $191 | — | 10x | as long as short |
| GRVT ORCL_USDT_Perp | +0.0206% | 8h | 149.91 | +0.009% | $2K | $177K | 10x | as long as short |
| Variational Omni ORCL | +0.0241% | 8h | 149.91 | +0.006% | $1.3M | $363K | — | as long as short |
| Gate ORCL_USDT | +0.0314% | 8h | 149.84 | −0.040% | $2.3M | $3.0M | 25x | as long as short |
| Extended ORCL_24_5-USD | +0.0320% | 1h | 149.74 | −0.107% | $388K | $1.3M | 10x | as long as short |
| Binance ORCLUSDT | +0.0321% | 8h | 149.78 | −0.080% | $25.2M | $35.5M | 20x | as long as short |
| KuCoin ORCLUSDTM | +0.0358% | 8h | 149.74 | −0.107% | $262K | $276K | 20x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0371% | 8h | 149.84 | −0.040% | $5.0M | $5.8M | 20x | as long as short |
| Phoenix ORCL | +0.0535% | 1h | 149.79 | −0.073% | $153K | $75K | 10x | as long as short |
| BloFin ORCL-USDTlong | +0.0695% | 8h | 149.90 | long leg | $47K | $43K | 20x | |
| Bybit ORCLUSDT | +0.0699% | 8h | 149.88 | −0.013% | $4.1M | $1.8M | 50x | as long as short |
tradeXYZ xyz:ORCL
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
GRVT ORCL_USDT_Perp
Variational Omni ORCL
Gate ORCL_USDT
Extended ORCL_24_5-USD
Binance ORCLUSDT
KuCoin ORCLUSDTM
OKX ORCL-USDT-SWAP
Phoenix ORCL
Bybit ORCLUSDT