Funding you earn now, next payment 05:00 UTC−0.0180%/8h= −19.7% APRpaid last 24h −0.020%
Price spread now: Lighter RH against GRVT+0.107%7-day average −0.082% · you sell dearer than you buy
Net, funding: paid 7d − costs−$38as in the Funding arb table
Net, price: spread back to 7d avg − costs−$18as in the Price arb table
costs, in and out, $10k−$370.373% of the position
Funding, last 7 days−0.006%−$1 on $10k
+Price spread, last 4 days (all we have)−0.285%−$29 · spread now +0.107%, 7d avg −0.082%
=Together, before fees−0.291%+ Points / potential airdropGRVT: Active · Lighter RH: Points live · farm board−$29 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Lighter RH is 0.190% dearer against GRVT than usual: you sell high and buy low (spread +0.107% now, against its 7-day average of −0.082%): +$19 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 3.5 days. At the pace of the last 7 days (−0.006% in total) that is about 8 months.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT ORCL_USDT_Perp | 149.54 | 0.0212 | pay 0.0212% / 8h | 3h 47m | $2K | $177K | 10x |
| Short | Lighter RH ORCL | 149.70 | 0.0032 | get 0.0004% / 1h | 47m 03s | $624K | $315K | 10x |
GRVT ORCL_USDT_Perp
Lighter RH ORCLFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against GRVT. 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
- −$37.8
- Price spread: +0.107% → −0.082%
- $18.97
- Slippage, 4 orders
- −$28.31
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$56.14
- Costs to cover
- 0.373%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 1 min ago; Lighter RH: live order book, 5 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 GRVT live order book, 1 min ago | 3.34 bp | 16.3 bp −$16 | 30.8 bp −$308 | doesn't fit | doesn't fit |
| Sell Lighter RH live order book, 5 min ago | 1.34 bp | 3.1 bp −$3 | 10.7 bp −$107 | 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 | −0.0345% | 4h | 149.52 | −0.011% | $28K | $214K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.59 | +0.032% | $94K | $16K | 20x | as long as short |
| Bitget ORCLUSDT | 0.0000% | 8h | 149.79 | +0.167% | $7.7M | $3.8M | 20x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.87 | +0.221% | $2K | $2.7M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.65 | +0.074% | $52K | $24K | 20x | as long as short |
| Nado ORCL-PERP | +0.0027% | 1h | 149.58 | +0.026% | $91K | $20K | 10x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.73 | +0.127% | $474K | $51K | 10x | as long as short |
| Lighter RH ORCLshort | +0.0032% | 1h | 149.70 | +0.107% | $624K | $315K | 10x | |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.321% | $20K | $12K | 12x | as long as short |
| Arcus ORCL-USD | +0.0040% | 1h | 149.55 | +0.007% | $87K | $79K | 10x | as long as short |
edgeX ORCLUSDC
Aster ORCLUSDT
Bitget ORCLUSDT
SunX ORCL-USDT
HTX ORCL-USDT
Nado ORCL-PERP
Lighter ORCL
Injective ORCL/USDC PERP
Arcus ORCL-USDShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.66 | +0.081% | — | $67K | 25x | as long as short |
| tradeXYZ xyz:ORCL | +0.0050% | 1h | 149.61 | +0.047% | $21.7M | $6.8M | 10x | as long as short |
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 149.65 | +0.074% | $131K | $90K | 10x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 149.64 | +0.067% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 149.53 | −0.006% | $703K | $723K | 10x | as long as short |
| QFEX ORCL-USD | +0.0067% | 1h | 149.64 | +0.067% | $1.1M | $2.1M | 10x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 149.41 | −0.087% | $22K | $262K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.68 | +0.094% | $190 | — | 10x | as long as short |
| GRVT ORCL_USDT_Perplong | +0.0212% | 8h | 149.54 | long leg | $2K | $177K | 10x | |
| Variational Omni ORCL | +0.0247% | 8h | 149.67 | +0.086% | $1.3M | $363K | — | as long as short |
| Gate ORCL_USDT | +0.0304% | 8h | 149.76 | +0.147% | $2.3M | $3.0M | 25x | as long as short |
| Binance ORCLUSDT | +0.0320% | 8h | 149.72 | +0.121% | $25.2M | $35.4M | 20x | as long as short |
| Extended ORCL_24_5-USD | +0.0320% | 1h | 149.68 | +0.093% | $390K | $1.3M | 10x | as long as short |
| KuCoin ORCLUSDTM | +0.0355% | 8h | 149.80 | +0.174% | $262K | $278K | 20x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0388% | 8h | 149.72 | +0.121% | $5.0M | $5.8M | 20x | as long as short |
| Phoenix ORCL | +0.0535% | 1h | 149.67 | +0.087% | $153K | $75K | 10x | as long as short |
| BloFin ORCL-USDT | +0.0722% | 8h | 149.83 | +0.194% | $47K | $43K | 20x | as long as short |
| Bybit ORCLUSDT | +0.0725% | 8h | 149.77 | +0.154% | $4.1M | $1.8M | 50x | as long as short |
Vest ORCL-USD-PERP
tradeXYZ xyz:ORCL
Polymarket Perps ORCL-USD
SoDEX ORCL-USD
Ondo Perps ORCL-USD.P
QFEX ORCL-USD
ApeX Omni ORACLEUSDT
Orderly PERP_ORCL_USDC_mythos
Variational Omni ORCL
Gate ORCL_USDT
Binance ORCLUSDT
Extended ORCL_24_5-USD
KuCoin ORCLUSDTM
OKX ORCL-USDT-SWAP
Phoenix ORCL
BloFin ORCL-USDT
Bybit ORCLUSDT