Funding you earn now, next payment 09:00 UTC−0.0068%/8h= −7.4% APRpaid last 24h −0.038%
Price spread now: Lighter against KuCoin+0.114%7-day average +0.017% · you sell dearer than you buy
Net, funding: paid 7d − costs−$307as in the Funding arb table
Net, price: spread back to 7d avg − costs−$290as in the Price arb table
costs, in and out, $10k−$3003.001% of the position
Funding, last 7 days−0.069%−$7 on $10k
+Price spread, last 4 days (all we have)−0.300%−$30 · spread now +0.114%, 7d avg +0.017%
=Together, before fees−0.369%+ Points / potential airdropLighter: Season 3 · farm board−$37 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Lighter is 0.097% dearer against KuCoin than usual: you sell high and buy low (spread +0.114% now, against its 7-day average of +0.017%): +$10 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 4.7 days. At the pace of the last 7 days (−0.069% in total) that is about 9.8 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin ORCLUSDTM | 148.75 | 0.0100 | pay 0.0100% / 8h | 7h 18m | $241K | $330K | 20x |
| Short | Lighter ORCL | 148.92 | 0.0032 | get 0.0004% / 1h | 18m 48s | $475K | $59K | 10x |
KuCoin ORCLUSDTM
Lighter ORCLFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against KuCoin. 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
- −$14.28
- Price spread: +0.114% → +0.017%
- $9.68
- Slippage, 4 orders
- −$288.06
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$304.66
- Costs to cover
- 3.001%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 4 min ago; Lighter: live order book, 6 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 KuCoin live order book, 4 min ago | 13.45 bp | 122.9 bp −$123 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter live order book, 6 min ago | 10.09 bp | 29.1 bp −$29 | 31.4 bp −$314 | 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 | −0.0975% | 4h | 148.75 | 0.000% | $28K | $214K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 148.73 | −0.011% | $97K | $20K | 20x | as long as short |
| Bitget ORCLUSDT | 0.0000% | 8h | 148.98 | +0.155% | $7.7M | $2.6M | 20x | as long as short |
| GRVT ORCL_USDT_Perp | 0.0000% | 8h | 148.82 | +0.047% | $1K | $148K | 10x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.16 | +0.276% | $2K | $2.6M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.06 | +0.208% | $52K | $25K | 20x | as long as short |
| Lighter ORCLshort | +0.0032% | 1h | 148.92 | +0.114% | $475K | $59K | 10x | |
| Lighter RH ORCL | +0.0032% | 1h | 148.86 | +0.074% | $604K | $317K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | +0.208% | $20K | $9K | 12x | as long as short |
| Arcus ORCL-USD | +0.0040% | 1h | 148.82 | +0.047% | $86K | $79K | 10x | as long as short |
edgeX ORCLUSDC
Aster ORCLUSDT
Bitget ORCLUSDT
GRVT ORCL_USDT_Perp
SunX ORCL-USDT
HTX ORCL-USDT
Lighter RH 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 | 148.78 | +0.020% | — | $58K | 25x | as long as short |
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 148.78 | +0.020% | $130K | $70K | 10x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 148.90 | +0.101% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 148.69 | −0.040% | $711K | $840K | 10x | as long as short |
| Nado ORCL-PERP | +0.0061% | 1h | 148.71 | −0.026% | $88K | $22K | 10x | as long as short |
| QFEX ORCL-USD | +0.0065% | 1h | 148.88 | +0.087% | $1.1M | $1.9M | 10x | as long as short |
| tradeXYZ xyz:ORCL | +0.0097% | 1h | 148.76 | +0.007% | $21.7M | $6.8M | 10x | as long as short |
| KuCoin ORCLUSDTMlong | +0.0100% | 8h | 148.75 | long leg | $241K | $330K | 20x | |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 148.82 | +0.047% | $22K | $263K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 148.86 | +0.074% | $189 | — | 10x | as long as short |
| Variational Omni ORCL | +0.0112% | 8h | 148.82 | +0.049% | $1.2M | $428K | — | as long as short |
| OKX ORCL-USDT-SWAP | +0.0195% | 8h | 148.94 | +0.128% | $4.9M | $5.9M | 20x | as long as short |
| Binance ORCLUSDT | +0.0197% | 8h | 148.91 | +0.108% | $25.1M | $36.2M | 20x | as long as short |
| Extended ORCL_24_5-USD | +0.0200% | 1h | 148.87 | +0.083% | $386K | $2.1M | 10x | as long as short |
| Gate ORCL_USDT | +0.0334% | 8h | 149.01 | +0.175% | $2.3M | $2.9M | 25x | as long as short |
| Bybit ORCLUSDT | +0.0515% | 8h | 148.93 | +0.121% | $4.1M | $1.8M | 50x | as long as short |
| Phoenix ORCL | +0.0537% | 1h | 148.65 | −0.067% | $152K | $73K | 10x | as long as short |
| BloFin ORCL-USDT | +0.0542% | 8h | 148.71 | −0.027% | $48K | $45K | 20x | as long as short |
Vest ORCL-USD-PERP
Polymarket Perps ORCL-USD
SoDEX ORCL-USD
Ondo Perps ORCL-USD.P
Nado ORCL-PERP
QFEX ORCL-USD
tradeXYZ xyz:ORCL
ApeX Omni ORACLEUSDT
Orderly PERP_ORCL_USDC_mythos
Variational Omni ORCL
OKX ORCL-USDT-SWAP
Binance ORCLUSDT
Extended ORCL_24_5-USD
Gate ORCL_USDT
Bybit ORCLUSDT
Phoenix ORCL
BloFin ORCL-USDT