Funding you earn now, next payment 00:00 UTC+0.0072%/8h= +7.9% APRnext payment +$0.09 per $10,000 · paid last 24h +0.003%
Price spread now: Lighter RH against Lighter−0.033%7-day average −0.086% · you buy dearer than you sell
Net, funding: paid 7d − costs−$50as in the Funding arb table
Net, price: spread back to 7d avg − costs−$34as in the Price arb table
costs, in and out, $10k−$400.397% of the position
Funding, last 7 days−0.100%−$10 on $10k
+Price spread, last 4 days (all we have)−0.057%−$6 · spread now −0.033%, 7d avg −0.086%
=Together, before fees−0.158%+ Points / potential airdropLighter: Season 3 · Lighter RH: Points live · farm board−$16 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 Lighter RH is 0.053% dearer against Lighter than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.086%. Mind the row above: over the last 7 days funding on this pair cost −0.100%, so the current rate has only just turned in your favour.
| 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 | 17m 04s | $473K | $53K | 10x |
| Short | Lighter RH ORCL | 149.34 | 0.0104 | get 0.0013% / 1h | 17m 04s | $621K | $462K | 10x |
Lighter ORCL
Lighter RH ORCLFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH 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
- $15.12
- Price spread: −0.033% → −0.086%
- $5.28
- Slippage, 4 orders
- −$39.69
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$19.29
- Costs to cover
- 0.397%
- Break-even
- 15.9 days
Slippage from Lighter: live order book, 53 min ago; Lighter RH: 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 | 6.71 bp | 7.4 bp −$7 | 17.4 bp −$174 | doesn't fit | doesn't fit |
| Sell Lighter RH live order book, 60 min ago | 2.02 bp | 2.0 bp −$2 | 8.3 bp −$83 | 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 | −0.0045% | 4h | 149.19 | −0.136% | $28K | $214K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.31 | −0.054% | $93K | $16K | 20x | as long as short |
| Gate ORCL_USDT | 0.0000% | 8h | 149.42 | +0.020% | $2.3M | $2.9M | 25x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.63 | +0.161% | $3K | $2.9M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.21 | −0.120% | $52K | $23K | 20x | as long as short |
| Lighter ORCLlong | +0.0032% | 1h | 149.39 | long leg | $473K | $53K | 10x | |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.221% | $20K | $14K | 12x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.30 | −0.060% | — | $127K | 25x | as long as short |
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 149.24 | −0.100% | $131K | $122K | 10x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 149.36 | −0.020% | $30K | $3K | 10x | as long as short |
edgeX ORCLUSDC
Aster ORCLUSDT
Gate ORCL_USDT
SunX ORCL-USDT
HTX ORCL-USDT
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 | 149.21 | −0.120% | $709K | $697K | 10x | as long as short |
| QFEX ORCL-USD | +0.0071% | 1h | 149.32 | −0.047% | $1.1M | $2.9M | 10x | as long as short |
| Variational Omni ORCL | +0.0083% | 8h | 149.18 | −0.137% | $1.3M | $314K | — | as long as short |
| GRVT ORCL_USDT_Perp | +0.0090% | 8h | 149.21 | −0.121% | $1K | $194K | 10x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 149.22 | −0.114% | $22K | $269K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.29 | −0.067% | $190 | — | 10x | as long as short |
| Lighter RH ORCLshort | +0.0104% | 1h | 149.34 | −0.033% | $621K | $462K | 10x | |
| tradeXYZ xyz:ORCL | +0.0141% | 1h | 149.25 | −0.094% | $21.5M | $8.2M | 10x | as long as short |
| Binance ORCLUSDT | +0.0143% | 8h | 149.40 | +0.005% | $25.0M | $35.5M | 20x | as long as short |
| Extended ORCL_24_5-USD | +0.0144% | 1h | 149.37 | −0.013% | $386K | $1.4M | 10x | as long as short |
| Nado ORCL-PERP | +0.0149% | 1h | 149.18 | −0.142% | $92K | $18K | 10x | as long as short |
| KuCoin ORCLUSDTM | +0.0235% | 8h | 149.30 | −0.060% | $259K | $243K | 20x | as long as short |
| Arcus ORCL-USD | +0.0289% | 1h | 149.25 | −0.094% | $86K | $81K | 10x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0296% | 8h | 149.40 | +0.007% | $4.8M | $5.7M | 20x | as long as short |
| Bitget ORCLUSDT | +0.0365% | 8h | 149.44 | +0.033% | $7.5M | $4.5M | 20x | as long as short |
| Bybit ORCLUSDT | +0.0522% | 8h | 149.40 | +0.007% | $3.5M | $1.5M | 50x | as long as short |
| BloFin ORCL-USDT | +0.0525% | 8h | 149.32 | −0.047% | $47K | $51K | 20x | as long as short |
| Phoenix ORCL | +0.0538% | 1h | 149.13 | −0.174% | $149K | $84K | 10x | as long as short |
Ondo Perps ORCL-USD.P
QFEX ORCL-USD
Variational Omni ORCL
GRVT ORCL_USDT_Perp
ApeX Omni ORACLEUSDT
Orderly PERP_ORCL_USDC_mythos
tradeXYZ xyz:ORCL
Binance ORCLUSDT
Extended ORCL_24_5-USD
Nado ORCL-PERP
KuCoin ORCLUSDTM
Arcus ORCL-USD
OKX ORCL-USDT-SWAP
Bitget ORCLUSDT
Bybit ORCLUSDT
BloFin ORCL-USDT
Phoenix ORCL