Funding you earn now, next payment 03:00 UTC−0.0344%/8h= −37.7% APRpaid last 24h −0.038%
Price spread now: Lighter RH against KuCoin−0.073%7-day average −0.067% · you buy dearer than you sell
Net, funding: paid 7d − costs−$193as in the Funding arb table
Net, price: spread back to 7d avg − costs−$177as in the Price arb table
costs, in and out, $10k−$1771.765% of the position
Funding, last 7 days−0.168%−$17 on $10k
+Price spread, last 4 days (all we have)−0.201%−$20 · spread now −0.073%, 7d avg −0.067%
=Together, before fees−0.370%+ Points / potential airdropLighter RH: Points live · farm board−$37 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.067%, so right now this pair is about funding alone: −$10 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.168% in total (about -8.8% 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 | KuCoin ORCLUSDTM | 149.80 | 0.0376 | pay 0.0376% / 8h | 5h 02m | $262K | $276K | 20x |
| Short | Lighter RH ORCL | 149.69 | 0.0032 | get 0.0004% / 1h | 2m 48s | $623K | $318K | 10x |
KuCoin ORCLUSDTM
Lighter RH ORCLFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH 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
- −$72.24
- Price spread: −0.073% → −0.067%
- −$0.61
- Slippage, 4 orders
- −$164.53
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$249.38
- Costs to cover
- 1.765%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 18 min ago; Lighter RH: live order book, 60 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, 18 min ago | 6.68 bp | 65.0 bp −$65 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter RH live order book, 60 min ago | 1.67 bp | 1.7 bp −$2 | 8.8 bp −$88 | 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 | −0.0819% | 4h | 149.72 | −0.050% | $28K | $214K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.51 | −0.191% | $94K | $16K | 20x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.94 | +0.093% | $3K | $2.7M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.82 | +0.013% | $52K | $23K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.70 | −0.067% | $474K | $51K | 10x | as long as short |
| Lighter RH ORCLshort | +0.0032% | 1h | 149.69 | −0.073% | $623K | $318K | 10x | |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.494% | $20K | $12K | 12x | as long as short |
| Arcus ORCL-USD | +0.0040% | 1h | 149.61 | −0.127% | $87K | $79K | 10x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.65 | −0.100% | — | $67K | 25x | as long as short |
| tradeXYZ xyz:ORCL | +0.0050% | 1h | 149.56 | −0.160% | $21.6M | $6.8M | 10x | as long as short |
edgeX ORCLUSDC
Aster ORCLUSDT
SunX ORCL-USDT
HTX ORCL-USDT
Lighter ORCL
Injective ORCL/USDC PERP
Arcus ORCL-USD
Vest ORCL-USD-PERP
tradeXYZ xyz:ORCLShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 149.61 | −0.127% | $131K | $90K | 10x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 149.69 | −0.073% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 149.41 | −0.260% | $703K | $727K | 10x | as long as short |
| QFEX ORCL-USD | +0.0059% | 1h | 149.66 | −0.093% | $1.1M | $2.4M | 10x | as long as short |
| Bitget ORCLUSDT | +0.0080% | 8h | 149.78 | −0.013% | $7.7M | $4.0M | 20x | as long as short |
| Nado ORCL-PERP | +0.0096% | 1h | 149.51 | −0.196% | $92K | $18K | 10x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 149.77 | −0.020% | $22K | $265K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.70 | −0.067% | $190 | — | 10x | as long as short |
| Gate ORCL_USDT | +0.0140% | 8h | 149.77 | −0.020% | $2.3M | $2.9M | 25x | as long as short |
| Variational Omni ORCL | +0.0219% | 8h | 149.71 | −0.063% | $1.3M | $363K | — | as long as short |
| GRVT ORCL_USDT_Perp | +0.0254% | 8h | 149.74 | −0.039% | $2K | $178K | 10x | as long as short |
| Extended ORCL_24_5-USD | +0.0296% | 1h | 149.67 | −0.087% | $390K | $1.3M | 10x | as long as short |
| Binance ORCLUSDT | +0.0297% | 8h | 149.72 | −0.055% | $25.1M | $35.5M | 20x | as long as short |
| KuCoin ORCLUSDTMlong | +0.0376% | 8h | 149.80 | long leg | $262K | $276K | 20x | |
| OKX ORCL-USDT-SWAP | +0.0381% | 8h | 149.71 | −0.060% | $4.9M | $5.6M | 20x | as long as short |
| Phoenix ORCL | +0.0536% | 1h | 149.61 | −0.127% | $153K | $75K | 10x | as long as short |
| Bybit ORCLUSDT | +0.0665% | 8h | 149.79 | −0.007% | $3.9M | $1.7M | 50x | as long as short |
| BloFin ORCL-USDT | +0.0680% | 8h | 149.79 | −0.007% | $47K | $43K | 20x | as long as short |
Polymarket Perps ORCL-USD
SoDEX ORCL-USD
Ondo Perps ORCL-USD.P
QFEX ORCL-USD
Bitget ORCLUSDT
Nado ORCL-PERP
ApeX Omni ORACLEUSDT
Orderly PERP_ORCL_USDC_mythos
Gate ORCL_USDT
Variational Omni ORCL
GRVT ORCL_USDT_Perp
Extended ORCL_24_5-USD
Binance ORCLUSDT
OKX ORCL-USDT-SWAP
Phoenix ORCL
Bybit ORCLUSDT
BloFin ORCL-USDT