Funding you earn now, next payment 11:00 UTC+0.0096%/8h= +10.6% APRnext payment +$0.12 per $10,000 · paid last 24h +0.008%
Price spread now: Nado against Lighter−0.217%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter: Season 3 · Nado: Active · farm boardneeds both histories
Funding pays, the price is against you. Nado is 0.217% cheaper against Lighter than usual: you would sell low and buy high (spread −0.217% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$22 on $10k: about 7.5 days of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter ORCL | 149.74 | 0.0032 | pay 0.0004% / 1h | 51m 04s | $478K | $59K | 10x |
| Short | Nado ORCL-PERP | 149.41 | 0.0128 | get 0.0016% / 1h | 51m 04s | $88K | $22K | 10x |
Lighter ORCL
Nado ORCL-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado 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
- $20.25
- Price spread: −0.217% → 0.000%
- −$21.72
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$8.47
- Costs to cover
- 0.070%
- Break-even
- 9.9 days
Slippage unknown: Lighter: live order book, 56 min ago; Nado: 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, 56 min ago | 5.68 bp | 16.2 bp −$16 | 17.6 bp −$176 | doesn't fit | doesn't fit |
| Sell Nado no order-book sample | — | — | — | — | — |
Nado: 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 exchanges
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 | −0.0130% | 4h | 149.50 | −0.163% | $28K | $215K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.50 | −0.160% | $105K | $22K | 20x | as long as short |
| Bitget ORCLUSDT | 0.0000% | 8h | 149.84 | +0.067% | $7.7M | $2.4M | 20x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.97 | +0.154% | $2K | $2.4M | 10x | as long as short |
| Lighter ORCLlong | +0.0032% | 1h | 149.74 | long leg | $478K | $59K | 10x | |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.454% | $20K | $9K | 12x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.64 | −0.067% | — | $43K | 25x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 149.35 | −0.260% | $699K | $816K | 10x | as long as short |
| Polymarket Perps ORCL-USD | +0.0071% | 1h | 149.63 | −0.073% | $131K | $69K | 10x | as long as short |
| QFEX ORCL-USD | +0.0079% | 1h | 149.61 | −0.087% | $1.1M | $2.0M | 10x | as long as short |
edgeX ORCLUSDC
Aster ORCLUSDT
Bitget ORCLUSDT
SunX ORCL-USDT
Injective ORCL/USDC PERP
Vest ORCL-USD-PERP
Ondo Perps ORCL-USD.P
Polymarket Perps ORCL-USD
QFEX ORCL-USDShow all 28 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ORCLUSDTM | +0.0100% | 8h | 149.55 | −0.127% | $242K | $430K | 20x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 149.37 | −0.247% | $22K | $262K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.64 | −0.067% | $190 | — | 10x | as long as short |
| HTX ORCL-USDT | +0.0128% | 8h | 149.59 | −0.100% | $52K | $24K | 20x | as long as short |
| Nado ORCL-PERPshort | +0.0128% | 1h | 149.41 | −0.217% | $88K | $22K | 10x | |
| SoDEX ORCL-USD | +0.0130% | 1h | 149.66 | −0.053% | $30K | $3K | 10x | as long as short |
| Lighter RH ORCL | +0.0224% | 1h | 149.76 | +0.013% | $620K | $291K | 10x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0242% | 8h | 149.81 | +0.047% | $5.0M | $6.1M | 20x | as long as short |
| Variational Omni ORCL | +0.0254% | 8h | 149.38 | −0.239% | $1.2M | $399K | — | as long as short |
| tradeXYZ xyz:ORCL | +0.0343% | 1h | 149.72 | −0.013% | $21.9M | $6.7M | 10x | as long as short |
| Binance ORCLUSDT | +0.0365% | 8h | 149.71 | −0.020% | $25.3M | $35.1M | 20x | as long as short |
| Extended ORCL_24_5-USD | +0.0368% | 1h | 149.64 | −0.068% | $390K | $2.1M | 10x | as long as short |
| Gate ORCL_USDT | +0.0377% | 8h | 149.78 | +0.027% | $2.3M | $2.8M | 25x | as long as short |
| Arcus ORCL-USD | +0.0445% | 1h | 149.55 | −0.127% | $87K | $71K | 10x | as long as short |
| GRVT ORCL_USDT_Perp | +0.0549% | 8h | 149.52 | −0.147% | $1K | $138K | 10x | as long as short |
| BloFin ORCL-USDT | +0.0700% | 8h | 149.69 | −0.033% | $48K | $44K | 20x | as long as short |
| Bybit ORCLUSDT | +0.0722% | 8h | 149.71 | −0.020% | $4.2M | $1.8M | 50x | as long as short |
| Phoenix ORCL | +0.0749% | 1h | 149.40 | −0.227% | $153K | $72K | 10x | as long as short |
KuCoin ORCLUSDTM
ApeX Omni ORACLEUSDT
Orderly PERP_ORCL_USDC_mythos
HTX ORCL-USDT
SoDEX ORCL-USD
Lighter RH ORCL
OKX ORCL-USDT-SWAP
Variational Omni ORCL
tradeXYZ xyz:ORCL
Binance ORCLUSDT
Extended ORCL_24_5-USD
Gate ORCL_USDT
Arcus ORCL-USD
GRVT ORCL_USDT_Perp
BloFin ORCL-USDT
Bybit ORCLUSDT
Phoenix ORCL