Funding you earn now, next payment 07:00 UTC+0.0197%/8h= +21.6% APRpaid last 24h +0.086%
Price spread now: Gate against Lighter+0.020%7-day average +0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$59as in the Funding arb table
Net, price: spread back to 7d avg − costs−$73as in the Price arb table
costs, in and out, $10k−$740.743% of the position
Funding, last 7 days+0.152%+$15 on $10k
+Price spread, last 4 days (all we have)+0.046%+$5 · spread now +0.020%, 7d avg +0.007%
=Together, before fees+0.198%+ Points / potential airdropLighter: Season 3 · farm board+$20 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.007%, so right now this pair is about funding alone: +$6 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 | 149.39 | 0.0032 | pay 0.0004% / 1h | 32m 02s | $475K | $53K | 10x |
| Short | Gate ORCL_USDT | 149.42 | 0.0229 | get 0.0229% / 8h | 1h 32m | $2.3M | $3.0M | 25x |
Lighter ORCL
Gate ORCL_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $41.37
- Price spread: +0.020% → +0.007%
- $1.27
- Slippage, 4 orders
- −$59.25
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$31.61
- Costs to cover
- 0.743%
- Break-even
- 12.3 days
Slippage from Lighter: live order book, 3 min ago; Gate: live order book, 1 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, 3 min ago | 4.35 bp | 12.2 bp −$12 | 14.4 bp −$144 | doesn't fit | doesn't fit |
| Sell Gate live order book, 1 min ago | 4.35 bp | 18.3 bp −$18 | 516.2 bp −$5,162 | 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 | −0.0114% | 4h | 149.27 | −0.077% | $28K | $214K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.23 | −0.104% | $98K | $20K | 20x | as long as short |
| Bitget ORCLUSDT | 0.0000% | 8h | 149.48 | +0.060% | $7.7M | $3.8M | 20x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.57 | +0.120% | $2K | $2.7M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.36 | −0.020% | $52K | $25K | 20x | as long as short |
| Lighter ORCLlong | +0.0032% | 1h | 149.39 | long leg | $475K | $53K | 10x | |
| Lighter RH ORCL | +0.0032% | 1h | 149.33 | −0.040% | $622K | $322K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.221% | $20K | $9K | 12x | as long as short |
| Arcus ORCL-USD | +0.0040% | 1h | 149.20 | −0.127% | $86K | $79K | 10x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.35 | −0.027% | — | $67K | 25x | as long as short |
edgeX ORCLUSDC
Aster ORCLUSDT
Bitget ORCLUSDT
SunX ORCL-USDT
HTX ORCL-USDT
Lighter RH ORCL
Injective ORCL/USDC PERP
Arcus ORCL-USD
Vest ORCL-USD-PERPShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:ORCL | +0.0050% | 1h | 149.22 | −0.114% | $21.6M | $6.9M | 10x | as long as short |
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 149.28 | −0.074% | $131K | $92K | 10x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 149.33 | −0.040% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 149.08 | −0.208% | $698K | $893K | 10x | as long as short |
| Nado ORCL-PERP | +0.0052% | 1h | 149.21 | −0.120% | $88K | $22K | 10x | as long as short |
| QFEX ORCL-USD | +0.0065% | 1h | 149.31 | −0.054% | $1.1M | $2.0M | 10x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 149.28 | −0.074% | $22K | $263K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.28 | −0.074% | $190 | — | 10x | as long as short |
| KuCoin ORCLUSDTM | +0.0147% | 8h | 149.38 | −0.007% | $240K | $280K | 20x | as long as short |
| GRVT ORCL_USDT_Perp | +0.0165% | 8h | 149.32 | −0.045% | $1K | $162K | 10x | as long as short |
| Variational Omni ORCL | +0.0170% | 8h | 149.28 | −0.074% | $1.2M | $423K | — | as long as short |
| Gate ORCL_USDTshort | +0.0229% | 8h | 149.42 | +0.020% | $2.3M | $3.0M | 25x | |
| OKX ORCL-USDT-SWAP | +0.0248% | 8h | 149.39 | 0.000% | $4.9M | $6.0M | 20x | as long as short |
| Binance ORCLUSDT | +0.0254% | 8h | 149.39 | +0.003% | $24.9M | $36.9M | 20x | as long as short |
| Extended ORCL_24_5-USD | +0.0256% | 1h | 149.36 | −0.020% | $391K | $1.4M | 10x | as long as short |
| Phoenix ORCL | +0.0429% | 1h | 149.16 | −0.154% | $152K | $75K | 10x | as long as short |
| BloFin ORCL-USDT | +0.0558% | 8h | 149.33 | −0.040% | $47K | $44K | 20x | as long as short |
| Bybit ORCLUSDT | +0.0577% | 8h | 149.39 | 0.000% | $4.1M | $1.9M | 50x | as long as short |
tradeXYZ xyz:ORCL
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
KuCoin ORCLUSDTM
GRVT ORCL_USDT_Perp
Variational Omni ORCL
OKX ORCL-USDT-SWAP
Binance ORCLUSDT
Extended ORCL_24_5-USD
Phoenix ORCL
BloFin ORCL-USDT
Bybit ORCLUSDT