Funding you earn now, next payment 22:00 UTC+0.0032%/8h= +3.5% APRnext payment +$0.04 per $10,000 · paid last 24h −0.041%
Price spread now: Lighter against Extended+0.057%7-day average +0.061% · you sell dearer than you buy
Net, funding: paid 7d − costs−$56as in the Funding arb table
Net, price: spread back to 7d avg − costs−$57as in the Price arb table
costs, in and out, $10k−$570.568% of the position
Funding, last 7 days+0.010%+$1 on $10k
+Price spread, last 4 days (all we have)+0.017%+$2 · spread now +0.057%, 7d avg +0.061%
=Together, before fees+0.027%+ Points / potential airdropExtended: Active · Lighter: Season 3 · farm board+$3 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.061%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended ORCL_24_5-USD | 148.87 | 0 | get 0.0000% / 1h | 5m 19s | $386K | $1.4M | 10x |
| Short | Lighter ORCL | 148.96 | 0.0032 | get 0.0004% / 1h | 5m 19s | $472K | $53K | 10x |
Extended ORCL_24_5-USD
Lighter ORCLFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Extended. 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: +0.057% → +0.061%
- −$0.35
- Slippage, 4 orders
- −$51.84
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$50.46
- Costs to cover
- 0.568%
- Break-even
- 59.6 days
Slippage from Extended: live order book, 3 min ago; Lighter: live order book, 10 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 Extended live order book, 3 min ago | 1.68 bp | 8.3 bp −$8 | 46.4 bp −$464 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 10 min ago | 5.70 bp | 21.7 bp −$22 | 27.1 bp −$271 | 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 | −0.0520% | 4h | 148.87 | −0.004% | $28K | $213K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 148.92 | +0.031% | $93K | $16K | 20x | as long as short |
| Extended ORCL_24_5-USDlong | 0.0000% | 1h | 148.87 | long leg | $386K | $1.4M | 10x | |
| Binance ORCLUSDT | 0.0000% | 8h | 148.90 | +0.014% | $24.8M | $35.9M | 20x | as long as short |
| Gate ORCL_USDT | 0.0000% | 8h | 148.87 | −0.003% | $2.2M | $3.1M | 25x | as long as short |
| Variational Omni ORCL | 0.0000% | 8h | 148.89 | +0.009% | $1.3M | $221K | — | as long as short |
| GRVT ORCL_USDT_Perp | 0.0000% | 8h | 148.86 | −0.010% | $2K | $204K | 10x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.11 | +0.158% | $3K | $2.9M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 148.99 | +0.077% | $52K | $22K | 20x | as long as short |
| Lighter ORCLshort | +0.0032% | 1h | 148.96 | +0.057% | $472K | $53K | 10x |
edgeX ORCLUSDC
Aster ORCLUSDT
Binance ORCLUSDT
Gate ORCL_USDT
Variational Omni ORCL
GRVT ORCL_USDT_Perp
SunX ORCL-USDT
HTX ORCL-USDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH ORCL | +0.0032% | 1h | 148.93 | +0.037% | $623K | $465K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | +0.124% | $20K | $14K | 12x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 148.88 | +0.004% | — | $127K | 25x | as long as short |
| tradeXYZ xyz:ORCL | +0.0050% | 1h | 148.78 | −0.064% | $21.5M | $8.6M | 10x | as long as short |
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 148.79 | −0.057% | $130K | $122K | 10x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 148.88 | +0.004% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 148.70 | −0.117% | $737K | $611K | 10x | as long as short |
| QFEX ORCL-USD | +0.0053% | 1h | 148.86 | −0.010% | $1.1M | $2.8M | 10x | as long as short |
| KuCoin ORCLUSDTM | +0.0100% | 8h | 148.99 | +0.077% | $258K | $205K | 20x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 148.77 | −0.070% | $22K | $269K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 148.88 | +0.004% | $189 | — | 10x | as long as short |
| Nado ORCL-PERP | +0.0128% | 1h | 148.77 | −0.069% | $92K | $18K | 10x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0201% | 8h | 148.84 | −0.023% | $4.7M | $5.7M | 20x | as long as short |
| Arcus ORCL-USD | +0.0251% | 1h | 148.83 | −0.030% | $78K | $80K | 10x | as long as short |
| Bitget ORCLUSDT | +0.0306% | 8h | 148.89 | +0.010% | $7.4M | $4.7M | 20x | as long as short |
| Phoenix ORCL | +0.0431% | 1h | 148.79 | −0.057% | $149K | $100K | 10x | as long as short |
| BloFin ORCL-USDT | +0.0471% | 8h | 148.99 | +0.077% | $47K | $51K | 20x | as long as short |
| Bybit ORCLUSDT | +0.0478% | 8h | 148.89 | +0.010% | $3.5M | $1.6M | 50x | as long as short |
Lighter RH ORCL
Injective ORCL/USDC PERP
Vest ORCL-USD-PERP
tradeXYZ xyz:ORCL
Polymarket Perps ORCL-USD
SoDEX ORCL-USD
Ondo Perps ORCL-USD.P
QFEX ORCL-USD
KuCoin ORCLUSDTM
ApeX Omni ORACLEUSDT
Orderly PERP_ORCL_USDC_mythos
Nado ORCL-PERP
OKX ORCL-USDT-SWAP
Arcus ORCL-USD
Bitget ORCLUSDT
Phoenix ORCL
BloFin ORCL-USDT
Bybit ORCLUSDT