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
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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter ORCL | 149.89 | 0.0032 | pay 0.0004% / 1h | 20m 26s | $475K | $51K | 10x |
| Short | SunX ORCL-USDT | 149.97 | 0 | get 0.0000% / 8h | 3h 20m | $3K | $2.7M | 10x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Lighter live order book, 24 min ago | 5.01 bp | 18.0 bp −$18 | 20.8 bp −$208 | doesn't fit | doesn't fit |
| Sell SunX live order book, 7 min ago | 29.69 bp | doesn't fit | doesn't fit | 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 | −0.0704% | 4h | 149.69 | −0.131% | $28K | $214K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.85 | −0.026% | $94K | $16K | 20x | as long as short |
| Bitget ORCLUSDT | 0.0000% | 8h | 149.96 | +0.047% | $7.7M | $3.8M | 20x | as long as short |
| SunX ORCL-USDTshort | 0.0000% | 8h | 149.97 | +0.053% | $3K | $2.7M | 10x | |
| HTX ORCL-USDT | 0.0000% | 8h | 149.92 | +0.020% | $52K | $24K | 20x | as long as short |
| Lighter ORCLlong | +0.0032% | 1h | 149.89 | long leg | $475K | $51K | 10x | |
| Lighter RH ORCL | +0.0032% | 1h | 149.87 | −0.013% | $625K | $317K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.554% | $20K | $12K | 12x | as long as short |
| Arcus ORCL-USD | +0.0040% | 1h | 149.70 | −0.127% | $87K | $79K | 10x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.89 | 0.000% | — | $67K | 25x | as long as short |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:ORCL | +0.0050% | 1h | 149.76 | −0.087% | $21.7M | $6.8M | 10x | as long as short |
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 149.78 | −0.073% | $131K | $91K | 10x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 149.86 | −0.020% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 149.66 | −0.153% | $685K | $773K | 10x | as long as short |
| Nado ORCL-PERP | +0.0060% | 1h | 149.74 | −0.100% | $88K | $22K | 10x | as long as short |
| QFEX ORCL-USD | +0.0067% | 1h | 149.85 | −0.027% | $1.1M | $2.1M | 10x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 149.74 | −0.100% | $22K | $263K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.85 | −0.027% | $191 | — | 10x | as long as short |
| GRVT ORCL_USDT_Perp | +0.0210% | 8h | 149.65 | −0.160% | $2K | $177K | 10x | as long as short |
| Variational Omni ORCL | +0.0241% | 8h | 149.91 | +0.013% | $1.3M | $363K | — | as long as short |
| Gate ORCL_USDT | +0.0312% | 8h | 149.94 | +0.033% | $2.3M | $3.0M | 25x | as long as short |
| Extended ORCL_24_5-USD | +0.0320% | 1h | 149.86 | −0.022% | $388K | $1.3M | 10x | as long as short |
| Binance ORCLUSDT | +0.0320% | 8h | 149.87 | −0.013% | $25.2M | $35.6M | 20x | as long as short |
| KuCoin ORCLUSDTM | +0.0357% | 8h | 149.77 | −0.080% | $262K | $276K | 20x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0375% | 8h | 149.92 | +0.020% | $5.0M | $5.8M | 20x | as long as short |
| Phoenix ORCL | +0.0535% | 1h | 149.79 | −0.067% | $153K | $75K | 10x | as long as short |
| BloFin ORCL-USDT | +0.0675% | 8h | 149.94 | +0.033% | $47K | $43K | 20x | as long as short |
| Bybit ORCLUSDT | +0.0700% | 8h | 149.93 | +0.027% | $4.1M | $1.8M | 50x | as long as short |
Lighter ORCL
SunX ORCL-USDT
edgeX ORCLUSDC
Aster ORCLUSDT
Bitget ORCLUSDT
HTX ORCL-USDT
Lighter RH ORCL
Injective ORCL/USDC PERP
tradeXYZ xyz:ORCL
Polymarket Perps ORCL-USD
SoDEX ORCL-USD
ApeX Omni ORACLEUSDT
GRVT ORCL_USDT_Perp
Variational Omni ORCL
Gate ORCL_USDT
Extended ORCL_24_5-USD
Binance ORCLUSDT
KuCoin ORCLUSDTM
OKX ORCL-USDT-SWAP
Phoenix ORCL
BloFin ORCL-USDT
Bybit ORCLUSDT