Funding you earn now, next payment 04:00 UTC+0.0027%/8h= +3.0% APRpaid last 24h +0.102%
Price spread now: Bitget against Lighter+0.027%7-day average +0.018% · you sell dearer than you buy
Net, funding: paid 7d − costs−$67as in the Funding arb table
Net, price: spread back to 7d avg − costs−$69as in the Price arb table
costs, in and out, $10k−$700.701% of the position
Funding, last 7 days+0.032%+$3 on $10k
+Price spread, last 4 days (all we have)+0.111%+$11 · spread now +0.027%, 7d avg +0.018%
=Together, before fees+0.143%+ Points / potential airdropLighter: Season 3 · farm board+$14 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.018%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter ORCL | 149.68 | 0.0032 | pay 0.0004% / 1h | 44m 26s | $474K | $51K | 10x |
| Short | Bitget ORCLUSDT | 149.72 | 0.0059 | get 0.0059% / 8h | 4h 44m | $7.7M | $3.9M | 20x |
Lighter ORCL
Bitget ORCLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- $5.67
- Price spread: +0.027% → +0.018%
- $0.84
- Slippage, 4 orders
- −$58.09
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$63.58
- Costs to cover
- 0.701%
- Break-even
- 85.5 days
Slippage from Lighter: live order book, 5 min ago; Bitget: live order book, 4 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, 5 min ago | 5.34 bp | 19.7 bp −$20 | 21.0 bp −$210 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 4 min ago | 1.67 bp | 13.0 bp −$13 | 25.0 bp −$250 | 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 | −0.0185% | 4h | 149.62 | −0.039% | $28K | $214K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.53 | −0.098% | $94K | $16K | 20x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.84 | +0.107% | $3K | $2.7M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.64 | −0.027% | $52K | $23K | 20x | as long as short |
| Lighter ORCLlong | +0.0032% | 1h | 149.68 | long leg | $474K | $51K | 10x | |
| Lighter RH ORCL | +0.0032% | 1h | 149.64 | −0.027% | $624K | $313K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.414% | $20K | $12K | 12x | as long as short |
| Arcus ORCL-USD | +0.0040% | 1h | 149.53 | −0.100% | $87K | $79K | 10x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.64 | −0.027% | — | $67K | 25x | as long as short |
| tradeXYZ xyz:ORCL | +0.0050% | 1h | 149.54 | −0.094% | $21.6M | $6.8M | 10x | as long as short |
edgeX ORCLUSDC
Aster ORCLUSDT
SunX ORCL-USDT
HTX ORCL-USDT
Lighter RH 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 | 149.62 | −0.040% | $131K | $90K | 10x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 149.62 | −0.040% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 149.43 | −0.167% | $703K | $718K | 10x | as long as short |
| Bitget ORCLUSDTshort | +0.0059% | 8h | 149.72 | +0.027% | $7.7M | $3.9M | 20x | |
| Nado ORCL-PERP | +0.0068% | 1h | 149.51 | −0.114% | $91K | $20K | 10x | as long as short |
| QFEX ORCL-USD | +0.0080% | 1h | 149.62 | −0.040% | $1.1M | $2.4M | 10x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 149.64 | −0.027% | $22K | $265K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.67 | −0.007% | $190 | — | 10x | as long as short |
| Gate ORCL_USDT | +0.0168% | 8h | 149.69 | +0.007% | $2.3M | $2.9M | 25x | as long as short |
| Variational Omni ORCL | +0.0237% | 8h | 149.61 | −0.048% | $1.3M | $363K | — | as long as short |
| GRVT ORCL_USDT_Perp | +0.0268% | 8h | 149.65 | −0.023% | $2K | $178K | 10x | as long as short |
| Extended ORCL_24_5-USD | +0.0312% | 1h | 149.62 | −0.039% | $388K | $1.3M | 10x | as long as short |
| Binance ORCLUSDT | +0.0312% | 8h | 149.69 | +0.004% | $25.1M | $35.6M | 20x | as long as short |
| KuCoin ORCLUSDTM | +0.0381% | 8h | 149.70 | +0.013% | $262K | $275K | 20x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0400% | 8h | 149.65 | −0.020% | $5.0M | $5.7M | 20x | as long as short |
| Phoenix ORCL | +0.0481% | 1h | 149.54 | −0.094% | $153K | $75K | 10x | as long as short |
| Bybit ORCLUSDT | +0.0714% | 8h | 149.80 | +0.080% | $4.0M | $1.8M | 50x | as long as short |
| BloFin ORCL-USDT | +0.0725% | 8h | 149.78 | +0.067% | $47K | $43K | 20x | as long as short |
Polymarket Perps ORCL-USD
SoDEX ORCL-USD
Ondo Perps ORCL-USD.P
Nado ORCL-PERP
QFEX ORCL-USD
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
KuCoin ORCLUSDTM
OKX ORCL-USDT-SWAP
Phoenix ORCL
Bybit ORCLUSDT
BloFin ORCL-USDT