Settings8H · net · $10k
Funding arb · Price arb /

ORCL

RWAall ORCL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0068%/8h= +7.4% APRpaid last 24h +0.020%
Price spread now: Orderly against Lighter+0.013%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter ORCL148.650.0032pay 0.0004% / 1h32m 09s$475K$59K10x
ShortOrderly PERP_ORCL_USDC_mythos148.670.0100get 0.0100% / 8h7h 32m$18910x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly against Lighter. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$14.28
Price spread: +0.013% → 0.000%
$1.35
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee Orderly: 3 bp × 2 orders
−$6
Net
$9.63
Costs to cover
0.060%
Break-even
2.3 days
Slippage unknown: Lighter: live order book, 58 min ago; Orderly: 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
LegHalf-spread$10k$100k$1M$5M
Buy Lighter live order book, 58 min ago3.69 bp21.3 bp −$2125.6 bp −$256doesn't fitdoesn't fit
Sell Orderly no order-book sample
Orderly: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX ORCLUSDC−0.0504%4h148.78+0.087%$28K$214K10xas long as short
Aster ORCLUSDT0.0000%8h148.86+0.141%$97K$20K20xas long as short
Bitget ORCLUSDT0.0000%8h148.62−0.020%$7.7M$2.6M20xas long as short
GRVT ORCL_USDT_Perp0.0000%8h148.78+0.089%$1K$149K10xas long as short
SunX ORCL-USDT0.0000%8h148.87+0.148%$2K$2.6M10xas long as short
HTX ORCL-USDT0.0000%8h148.87+0.148%$52K$25K20xas long as short
Lighter ORCLlong+0.0032%1h148.65long leg$475K$59K10x
Lighter RH ORCL+0.0032%1h148.62−0.020%$602K$315K10xas long as short
Injective ORCL/USDC PERP+0.0033%1h149.06+0.276%$20K$9K12xas long as short
Arcus ORCL-USD+0.0040%1h148.59−0.040%$86K$79K10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest ORCL-USD-PERP+0.0046%1h148.66+0.007%$67K25xas long as short
Polymarket Perps ORCL-USD+0.0050%1h148.45−0.135%$130K$80K10xas long as short
SoDEX ORCL-USD+0.0050%1h148.59−0.040%$30K$3K10xas long as short
Ondo Perps ORCL-USD.P+0.0050%1h148.57−0.054%$708K$846K10xas long as short
Nado ORCL-PERP+0.0057%1h148.61−0.029%$88K$22K10xas long as short
tradeXYZ xyz:ORCL+0.0063%1h148.51−0.094%$21.6M$6.9M10xas long as short
QFEX ORCL-USD+0.0065%1h148.67+0.013%$1.1M$1.9M10xas long as short
KuCoin ORCLUSDTM+0.0100%8h148.66+0.007%$241K$314K20xas long as short
ApeX Omni ORACLEUSDT+0.0100%1h148.70+0.034%$22K$263K50xas long as short
Orderly PERP_ORCL_USDC_mythosshort+0.0100%8h148.67+0.013%$18910x
Variational Omni ORCL+0.0152%8h148.78+0.088%$1.2M$428Kas long as short
OKX ORCL-USDT-SWAP+0.0200%8h148.57−0.054%$4.9M$5.9M20xas long as short
Extended ORCL_24_5-USD+0.0232%1h148.62−0.023%$390K$2.1M10xas long as short
Binance ORCLUSDT+0.0233%8h148.62−0.022%$25.1M$36.4M20xas long as short
Gate ORCL_USDT+0.0248%8h148.76+0.074%$2.3M$2.9M25xas long as short
BloFin ORCL-USDT+0.0468%8h148.74+0.061%$48K$45K20xas long as short
Bybit ORCLUSDT+0.0473%8h148.61−0.027%$4.1M$1.9M50xas long as short
Phoenix ORCL+0.0537%1h148.76+0.074%$152K$73K10xas long as short