Settings8H · net · $10k
Funding arb · Price arb /

ORCL

RWAall ORCL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h +0.010%
Price spread now: Lighter against HTX−0.020%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.160%+$16 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Funding pays, the price is against you. Lighter is 0.020% cheaper against HTX than usual: you would sell low and buy high (spread −0.020% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$2 on $10k: about 2.1 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.160% in total) that is about 21 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX ORCL-USDT149.420get 0.0000% / 8h6h 00m$52K$23K20x
ShortLighter ORCL149.390.0032get 0.0004% / 1h0m 39s$473K$50K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against HTX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
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: −0.020% → 0.000%
−$2.01
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee Lighter: 0 bp × 2 orders
$0
Net
−$7.29
Costs to cover
0.120%
Break-even
14.6 days
Slippage unknown: HTX: no order-book sample; Lighter: live order book, 59 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy HTX no order-book sample
Sell Lighter live order book, 59 min ago5.34 bp19.2 bp −$1930.9 bp −$309doesn't fitdoesn't fit
HTX: 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 27 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX ORCLUSDC−0.0343%4h149.38−0.026%$28K$214K10xas long as short
Aster ORCLUSDT0.0000%8h149.15−0.179%$93K$16K20xas long as short
SunX ORCL-USDT0.0000%8h149.63+0.141%$3K$2.8M10xas long as short
HTX ORCL-USDTlong0.0000%8h149.42long leg$52K$23K20x
Lighter ORCLshort+0.0032%1h149.39−0.020%$473K$50K10x
Lighter RH ORCL+0.0032%1h149.28−0.094%$621K$318K10xas long as short
Injective ORCL/USDC PERP+0.0033%1h149.06−0.241%$20K$12K12xas long as short
Arcus ORCL-USD+0.0040%1h149.26−0.107%$86K$80K10xas long as short
Vest ORCL-USD-PERP+0.0046%1h149.30−0.080%$67K25xas long as short
Polymarket Perps ORCL-USD+0.0050%1h149.28−0.094%$131K$90K10xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SoDEX ORCL-USD+0.0050%1h149.34−0.054%$30K$3K10xas long as short
Ondo Perps ORCL-USD.P+0.0050%1h149.21−0.141%$697K$717K10xas long as short
QFEX ORCL-USD+0.0057%1h149.25−0.114%$1.1M$2.7M10xas long as short
Nado ORCL-PERP+0.0075%1h149.17−0.170%$92K$18K10xas long as short
tradeXYZ xyz:ORCL+0.0076%1h149.18−0.161%$21.5M$6.7M10xas long as short
Gate ORCL_USDT+0.0089%8h149.33−0.060%$2.3M$2.9M25xas long as short
ApeX Omni ORACLEUSDT+0.0100%1h149.37−0.033%$22K$267K50xas long as short
Orderly PERP_ORCL_USDC_mythos+0.0100%8h149.35−0.047%$19010xas long as short
Bitget ORCLUSDT+0.0123%8h149.41−0.007%$7.7M$4.0M20xas long as short
GRVT ORCL_USDT_Perp+0.0162%8h149.39−0.020%$2K$179K10xas long as short
Variational Omni ORCL+0.0191%8h149.35−0.044%$1.3M$363Kas long as short
Extended ORCL_24_5-USD+0.0248%1h149.24−0.124%$387K$1.3M10xas long as short
Binance ORCLUSDT+0.0251%8h149.27−0.100%$24.9M$35.4M20xas long as short
KuCoin ORCLUSDTM+0.0325%8h149.43+0.007%$259K$267K20xas long as short
OKX ORCL-USDT-SWAP+0.0335%8h149.35−0.047%$4.9M$5.6M20xas long as short
Bybit ORCLUSDT+0.0517%8h149.38−0.027%$3.5M$1.4M50xas long as short
Phoenix ORCL+0.0535%1h149.32−0.067%$153K$75K10xas long as short