Funding you earn now, next payment 07:00 UTC+0.0068%/8h= +7.4% APRnext payment +$0.09 per $10,000 · paid last 24h +0.020%
Price spread now: ApeX Omni against Lighter+0.107%48s7-day average −0.056% · you sell dearer than you buy
Net, funding: paid 7d − costs−$76as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$810.806% of the position
Funding, last 7 days+0.045%+$5 on $10k
+Price spread, last 4 days (all we have)−0.074%−$7 · spread now +0.107%, 7d avg −0.056%
=Together, before fees−0.029%+ Points / potential airdropLighter: Season 3 · farm board−$3 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and ApeX Omni is 0.163% dearer against Lighter than usual: you sell high and buy low: +$16 more if the spread goes back to its 7-day average of −0.056%. The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter ORCL | 149.53 | 0.0032 | pay 0.0004% / 1h | 46m 33s | $475K | $51K | 10x |
| Short | ApeX Omni ORACLEUSDT | 149.69 | 0.0100 | get 0.0013% / 1h | 46m 33s | $22K | $264K | 50x |
Lighter ORCL
ApeX Omni ORACLEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Lighter. 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: +0.107% → −0.056%
- $16.27
- Slippage, 4 orders
- −$70.58
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$50.03
- Costs to cover
- 0.806%
- Break-even
- 31.5 days
Slippage from Lighter: live order book, 53 min ago; ApeX Omni: 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 Lighter live order book, 53 min ago | 5.69 bp | 16.8 bp −$17 | 18.6 bp −$186 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 60 min ago | 8.70 bp | 20.6 bp −$21 | 182.1 bp −$1,821 | 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 | −0.0447% | 4h | 149.67 | +0.096% | $28K | $214K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.37 | −0.105% | $98K | $20K | 20x | as long as short |
| Bitget ORCLUSDT | 0.0000% | 8h | 149.53 | 0.000% | $7.7M | $3.7M | 20x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.75 | +0.147% | $3K | $2.7M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.64 | +0.074% | $52K | $25K | 20x | as long as short |
| Lighter ORCLlong | +0.0032% | 1h | 149.53 | long leg | $475K | $51K | 10x | |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.314% | $20K | $9K | 12x | as long as short |
| Arcus ORCL-USD | +0.0040% | 1h | 149.42 | −0.074% | $87K | $79K | 10x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.51 | −0.013% | — | $67K | 25x | as long as short |
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 149.36 | −0.114% | $131K | $92K | 10x | as long as short |
edgeX ORCLUSDC
Aster ORCLUSDT
Bitget ORCLUSDT
SunX ORCL-USDT
HTX ORCL-USDT
Injective ORCL/USDC PERP
Arcus ORCL-USD
Vest ORCL-USD-PERP
Polymarket Perps ORCL-USDShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SoDEX ORCL-USD | +0.0050% | 1h | 149.44 | −0.060% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 149.23 | −0.201% | $699K | $894K | 10x | as long as short |
| QFEX ORCL-USD | +0.0065% | 1h | 149.41 | −0.080% | $1.1M | $2.0M | 10x | as long as short |
| ApeX Omni ORACLEUSDTshort | +0.0100% | 1h | 149.69 | +0.107% | $22K | $264K | 50x | |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.41 | −0.080% | $190 | — | 10x | as long as short |
| Nado ORCL-PERP | +0.0114% | 1h | 149.49 | −0.027% | $88K | $22K | 10x | as long as short |
| Lighter RH ORCL | +0.0120% | 1h | 149.45 | −0.054% | $623K | $322K | 10x | as long as short |
| tradeXYZ xyz:ORCL | +0.0124% | 1h | 149.32 | −0.140% | $21.6M | $6.9M | 10x | as long as short |
| GRVT ORCL_USDT_Perp | +0.0177% | 8h | 149.58 | +0.030% | $1K | $163K | 10x | as long as short |
| Variational Omni ORCL | +0.0183% | 8h | 149.55 | +0.014% | $1.2M | $423K | — | as long as short |
| KuCoin ORCLUSDTM | +0.0185% | 8h | 149.38 | −0.100% | $240K | $282K | 20x | as long as short |
| Gate ORCL_USDT | +0.0247% | 8h | 149.49 | −0.027% | $2.3M | $3.0M | 25x | as long as short |
| Binance ORCLUSDT | +0.0276% | 8h | 149.43 | −0.067% | $24.9M | $36.7M | 20x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0280% | 8h | 149.42 | −0.074% | $4.9M | $6.0M | 20x | as long as short |
| Extended ORCL_24_5-USD | +0.0280% | 1h | 149.40 | −0.090% | $388K | $1.6M | 10x | as long as short |
| Phoenix ORCL | +0.0429% | 1h | 149.38 | −0.100% | $153K | $75K | 10x | as long as short |
| Bybit ORCLUSDT | +0.0611% | 8h | 149.45 | −0.054% | $4.1M | $1.9M | 50x | as long as short |
| BloFin ORCL-USDT | +0.0632% | 8h | 149.53 | 0.000% | $47K | $44K | 20x | as long as short |
SoDEX ORCL-USD
Ondo Perps ORCL-USD.P
QFEX ORCL-USD
Orderly PERP_ORCL_USDC_mythos
Nado ORCL-PERP
Lighter RH ORCL
tradeXYZ xyz:ORCL
GRVT ORCL_USDT_Perp
Variational Omni ORCL
KuCoin ORCLUSDTM
Gate ORCL_USDT
Binance ORCLUSDT
OKX ORCL-USDT-SWAP
Extended ORCL_24_5-USD
Phoenix ORCL
Bybit ORCLUSDT
BloFin ORCL-USDT