Funding you earn now, next payment 00:00 UTC+0.0001%/8h= +0.1% APRnext payment +$0.00 per $10,000 · paid last 24h +0.032%
Price spread now: Injective against Lighter−0.054%66s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.042%−$4 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Injective is 0.054% cheaper against Lighter than usual: you would sell low and buy high, −$5 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 66 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 | 149.14 | 0.0032 | pay 0.0004% / 1h | 25m 56s | $472K | $53K | 10x |
| Short | Injective ORCL/USDC PERP | 149.06 | 0.0033 | get 0.0004% / 1h | 25m 56s | $20K | $14K | 12x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- $0.28
- Price spread: −0.054% → 0.000%
- −$5.36
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$5.1
- Costs to cover
- 0.000%
- Break-even
- 134.6 days
Slippage unknown: Lighter: live order book, 44 min ago; Injective: no order-book sample. Net counts fees only.
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, 44 min ago | 6.71 bp | 7.4 bp −$7 | 17.4 bp −$174 | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0935% | 4h | 149.09 | −0.034% | $28K | $215K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.14 | 0.000% | $93K | $16K | 20x | as long as short |
| Gate ORCL_USDT | 0.0000% | 8h | 149.16 | +0.013% | $2.3M | $2.9M | 25x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.35 | +0.141% | $3K | $2.9M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.16 | +0.013% | $52K | $23K | 20x | as long as short |
| Lighter ORCLlong | +0.0032% | 1h | 149.14 | long leg | $472K | $53K | 10x | |
| Injective ORCL/USDC PERPshort | +0.0033% | 1h | 149.06 | −0.054% | $20K | $14K | 12x | |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.11 | −0.020% | — | $127K | 25x | as long as short |
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 149.02 | −0.080% | $131K | $122K | 10x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 149.10 | −0.027% | $30K | $3K | 10x | as long as short |
Show 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 | 148.88 | −0.174% | $709K | $695K | 10x | as long as short |
| QFEX ORCL-USD | +0.0071% | 1h | 149.08 | −0.040% | $1.1M | $2.9M | 10x | as long as short |
| Variational Omni ORCL | +0.0075% | 8h | 149.11 | −0.022% | $1.3M | $314K | — | as long as short |
| GRVT ORCL_USDT_Perp | +0.0077% | 8h | 149.09 | −0.034% | $1K | $195K | 10x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 149.00 | −0.094% | $22K | $269K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.08 | −0.040% | $190 | — | 10x | as long as short |
| Extended ORCL_24_5-USD | +0.0128% | 1h | 149.07 | −0.044% | $386K | $1.4M | 10x | as long as short |
| Binance ORCLUSDT | +0.0129% | 8h | 149.11 | −0.020% | $24.9M | $35.5M | 20x | as long as short |
| Lighter RH ORCL | +0.0144% | 1h | 149.14 | 0.000% | $620K | $462K | 10x | as long as short |
| tradeXYZ xyz:ORCL | +0.0157% | 1h | 149.02 | −0.080% | $21.5M | $8.4M | 10x | as long as short |
| Nado ORCL-PERP | +0.0169% | 1h | 149.00 | −0.093% | $92K | $18K | 10x | as long as short |
| KuCoin ORCLUSDTM | +0.0225% | 8h | 149.22 | +0.054% | $258K | $239K | 20x | as long as short |
| Arcus ORCL-USD | +0.0289% | 1h | 149.01 | −0.087% | $86K | $81K | 10x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0290% | 8h | 149.10 | −0.027% | $4.8M | $5.7M | 20x | as long as short |
| Bitget ORCLUSDT | +0.0365% | 8h | 149.16 | +0.013% | $7.4M | $4.6M | 20x | as long as short |
| Bybit ORCLUSDT | +0.0528% | 8h | 149.15 | +0.007% | $3.5M | $1.5M | 50x | as long as short |
| BloFin ORCL-USDT | +0.0533% | 8h | 149.18 | +0.027% | $47K | $51K | 20x | as long as short |
| Phoenix ORCL | +0.0538% | 1h | 149.07 | −0.047% | $149K | $84K | 10x | as long as short |
Lighter ORCL
Injective ORCL/USDC PERP
edgeX ORCLUSDC
Aster ORCLUSDT
Gate ORCL_USDT
SunX ORCL-USDT
HTX ORCL-USDT
Polymarket Perps ORCL-USD
SoDEX ORCL-USD
Variational Omni ORCL
GRVT ORCL_USDT_Perp
ApeX Omni ORACLEUSDT
Extended ORCL_24_5-USD
Binance ORCLUSDT
Lighter RH ORCL
tradeXYZ xyz:ORCL
KuCoin ORCLUSDTM
OKX ORCL-USDT-SWAP
Bitget ORCLUSDT
Bybit ORCLUSDT
BloFin ORCL-USDT
Phoenix ORCL