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

ORCL

RWAall ORCL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h −0.010%
Price spread now: SunX against Lighter+0.053%7-day average +0.128% · 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 7 days−0.160%−$16 on $10k
Price spread, last 4 days (all we have)+0.152%+$15 · spread now +0.053%, 7d avg +0.128%
Together, before fees−0.008%+ Points / potential airdropLighter: Season 3 · farm board−$1 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and SunX is 0.074% cheaper against Lighter than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of +0.128%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter ORCL149.890.0032pay 0.0004% / 1h20m 26s$475K$51K10x
ShortSunX ORCL-USDT149.970get 0.0000% / 8h3h 20m$3K$2.7M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
−$6.72
Price spread: +0.053% → +0.128%
−$7.42
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee SunX: 4 bp × 2 orders
−$8
Net
−$22.14
Costs to cover
0.080%
Break-even
never at this rate
Slippage unknown: Lighter: live order book, 24 min ago; SunX: live order book, 7 min ago. 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, 24 min ago5.01 bp18.0 bp −$1820.8 bp −$208doesn't fitdoesn't fit
Sell SunX live order book, 7 min ago29.69 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit

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−0.0704%4h149.69−0.131%$28K$214K10xas long as short
Aster ORCLUSDT0.0000%8h149.85−0.026%$94K$16K20xas long as short
Bitget ORCLUSDT0.0000%8h149.96+0.047%$7.7M$3.8M20xas long as short
SunX ORCL-USDTshort0.0000%8h149.97+0.053%$3K$2.7M10x
HTX ORCL-USDT0.0000%8h149.92+0.020%$52K$24K20xas long as short
Lighter ORCLlong+0.0032%1h149.89long leg$475K$51K10x
Lighter RH ORCL+0.0032%1h149.87−0.013%$625K$317K10xas long as short
Injective ORCL/USDC PERP+0.0033%1h149.06−0.554%$20K$12K12xas long as short
Arcus ORCL-USD+0.0040%1h149.70−0.127%$87K$79K10xas long as short
Vest ORCL-USD-PERP+0.0046%1h149.890.000%$67K25xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:ORCL+0.0050%1h149.76−0.087%$21.7M$6.8M10xas long as short
Polymarket Perps ORCL-USD+0.0050%1h149.78−0.073%$131K$91K10xas long as short
SoDEX ORCL-USD+0.0050%1h149.86−0.020%$30K$3K10xas long as short
Ondo Perps ORCL-USD.P+0.0050%1h149.66−0.153%$685K$773K10xas long as short
Nado ORCL-PERP+0.0060%1h149.74−0.100%$88K$22K10xas long as short
QFEX ORCL-USD+0.0067%1h149.85−0.027%$1.1M$2.1M10xas long as short
ApeX Omni ORACLEUSDT+0.0100%1h149.74−0.100%$22K$263K50xas long as short
Orderly PERP_ORCL_USDC_mythos+0.0100%8h149.85−0.027%$19110xas long as short
GRVT ORCL_USDT_Perp+0.0210%8h149.65−0.160%$2K$177K10xas long as short
Variational Omni ORCL+0.0241%8h149.91+0.013%$1.3M$363Kas long as short
Gate ORCL_USDT+0.0312%8h149.94+0.033%$2.3M$3.0M25xas long as short
Extended ORCL_24_5-USD+0.0320%1h149.86−0.022%$388K$1.3M10xas long as short
Binance ORCLUSDT+0.0320%8h149.87−0.013%$25.2M$35.6M20xas long as short
KuCoin ORCLUSDTM+0.0357%8h149.77−0.080%$262K$276K20xas long as short
OKX ORCL-USDT-SWAP+0.0375%8h149.92+0.020%$5.0M$5.8M20xas long as short
Phoenix ORCL+0.0535%1h149.79−0.067%$153K$75K10xas long as short
BloFin ORCL-USDT+0.0675%8h149.94+0.033%$47K$43K20xas long as short
Bybit ORCLUSDT+0.0700%8h149.93+0.027%$4.1M$1.8M50xas long as short