Funding you earn now, next payment 01:00 UTC−0.0255%/8h= −28.0% APRpaid last 24h −0.147%
Price spread now: edgeX against Lighter−0.102%79s7-day average −0.036% · you buy dearer than you sell
Net, funding: paid 7d − costs−$184as 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−$550.552% of the position
Funding, last 7 days−1.292%−$129 on $10k
+Price spread, last 3 days (all we have)+0.162%+$16 · spread now −0.102%, 7d avg −0.036%
=Together, before fees−1.130%+ Points / potential airdropLighter: Season 3 · edgeX: Active · farm board−$113 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and edgeX is 0.066% cheaper against Lighter than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of −0.036%). Swap the legs. The two prices were read 79 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 | 149.75 | 0.0032 | pay 0.0004% / 1h | 28m 10s | $474K | $50K | 10x |
| Short | edgeX ORCLUSDC | 149.60 | −0.0223 | pay 0.0112% / 4h | 3h 28m | $28K | $215K | 10x |
Lighter ORCL
edgeX ORCLUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- −$53.65
- Price spread: −0.102% → −0.036%
- −$6.59
- Slippage, 4 orders
- −$46.17
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$115.41
- Costs to cover
- 0.552%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 37 min ago; edgeX: live order book, 44 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, 37 min ago | 4.01 bp | 16.9 bp −$17 | 19.2 bp −$192 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 44 min ago | 5.69 bp | 10.8 bp −$11 | 18.3 bp −$183 | 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 ORCLUSDCshort | −0.0223% | 4h | 149.60 | −0.102% | $28K | $215K | 10x | |
| Aster ORCLUSDT | 0.0000% | 8h | 149.68 | −0.048% | $94K | $16K | 20x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.91 | +0.107% | $3K | $2.8M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.41 | −0.227% | $52K | $22K | 20x | as long as short |
| Lighter ORCLlong | +0.0032% | 1h | 149.75 | long leg | $474K | $50K | 10x | |
| Lighter RH ORCL | +0.0032% | 1h | 149.67 | −0.053% | $623K | $323K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.461% | $20K | $12K | 12x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.62 | −0.087% | — | $67K | 25x | as long as short |
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 149.58 | −0.114% | $132K | $91K | 10x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 149.66 | −0.060% | $30K | $3K | 10x | as long as short |
Aster ORCLUSDT
SunX ORCL-USDT
HTX ORCL-USDT
Lighter RH ORCL
Injective ORCL/USDC PERP
Vest ORCL-USD-PERP
Polymarket Perps ORCL-USD
SoDEX ORCL-USDShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 149.34 | −0.274% | $703K | $698K | 10x | as long as short |
| Nado ORCL-PERP | +0.0065% | 1h | 149.52 | −0.155% | $92K | $18K | 10x | as long as short |
| QFEX ORCL-USD | +0.0075% | 1h | 149.66 | −0.060% | $1.1M | $2.8M | 10x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 149.36 | −0.260% | $22K | $266K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.66 | −0.060% | $190 | — | 10x | as long as short |
| tradeXYZ xyz:ORCL | +0.0125% | 1h | 149.55 | −0.134% | $21.5M | $6.9M | 10x | as long as short |
| Variational Omni ORCL | +0.0165% | 8h | 149.61 | −0.096% | $1.3M | $363K | — | as long as short |
| Extended ORCL_24_5-USD | +0.0216% | 1h | 149.67 | −0.055% | $388K | $1.3M | 10x | as long as short |
| Binance ORCLUSDT | +0.0219% | 8h | 149.70 | −0.033% | $25.1M | $35.0M | 20x | as long as short |
| Gate ORCL_USDT | +0.0235% | 8h | 149.74 | −0.007% | $2.3M | $2.9M | 25x | as long as short |
| GRVT ORCL_USDT_Perp | +0.0263% | 8h | 149.64 | −0.073% | $1K | $184K | 10x | as long as short |
| KuCoin ORCLUSDTM | +0.0305% | 8h | 149.63 | −0.080% | $261K | $255K | 20x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0326% | 8h | 149.68 | −0.047% | $4.8M | $5.5M | 20x | as long as short |
| Bitget ORCLUSDT | +0.0414% | 8h | 149.73 | −0.013% | $7.7M | $4.1M | 20x | as long as short |
| Arcus ORCL-USD | +0.0467% | 1h | 149.53 | −0.147% | $87K | $79K | 10x | as long as short |
| BloFin ORCL-USDT | +0.0567% | 8h | 149.69 | −0.040% | $47K | $43K | 20x | as long as short |
| Bybit ORCLUSDT | +0.0612% | 8h | 149.73 | −0.013% | $3.5M | $1.4M | 50x | as long as short |
| Phoenix ORCL | +0.0697% | 1h | 149.49 | −0.174% | $153K | $84K | 10x | as long as short |
Ondo Perps ORCL-USD.P
Nado ORCL-PERP
QFEX ORCL-USD
ApeX Omni ORACLEUSDT
Orderly PERP_ORCL_USDC_mythos
tradeXYZ xyz:ORCL
Variational Omni ORCL
Extended ORCL_24_5-USD
Binance ORCLUSDT
Gate ORCL_USDT
GRVT ORCL_USDT_Perp
KuCoin ORCLUSDTM
OKX ORCL-USDT-SWAP
Bitget ORCLUSDT
Arcus ORCL-USD
BloFin ORCL-USDT
Bybit ORCLUSDT
Phoenix ORCL