Funding you earn now, next payment 05:00 UTC+0.0018%/8h= +2.0% APRnext payment +$0.02 per $10,000 · paid last 24h +0.011%
Price spread now: tradeXYZ against Lighter−0.127%7-day average −0.130% · you buy dearer than you sell
Net, funding: paid 7d − costs−$65as in the Funding arb table
Net, price: spread back to 7d avg − costs−$60as in the Price arb table
costs, in and out, $10k−$600.598% of the position
Funding, last 7 days−0.051%−$5 on $10k
+Price spread, last 4 days (all we have)+0.008%+$1 · spread now −0.127%, 7d avg −0.130%
=Together, before fees−0.043%+ Points / potential airdropLighter: Season 3 · tradeXYZ: Active · farm board−$4 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.130%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.051%, 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 | 149.73 | 0.0032 | pay 0.0004% / 1h | 41m 53s | $474K | $51K | 10x |
| Short | tradeXYZ xyz:ORCL | 149.54 | 0.0050 | get 0.0006% / 1h | 41m 53s | $21.6M | $6.8M | 10x |
Lighter ORCL
tradeXYZ xyz:ORCLFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $3.78
- Price spread: −0.127% → −0.130%
- $0.31
- Slippage, 4 orders
- −$41.82
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$55.73
- Costs to cover
- 0.598%
- Break-even
- 110.2 days
Slippage from Lighter: live order book, 3 min ago; tradeXYZ: live order book, 7 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, 3 min ago | 5.01 bp | 18.0 bp −$18 | 20.8 bp −$208 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 7 min ago | 0.67 bp | 11.6 bp −$12 | 15.3 bp −$153 | 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 | −0.0228% | 4h | 149.68 | −0.032% | $28K | $214K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.57 | −0.107% | $94K | $16K | 20x | as long as short |
| Bitget ORCLUSDT | 0.0000% | 8h | 149.78 | +0.033% | $7.7M | $3.8M | 20x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.90 | +0.114% | $3K | $2.7M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.82 | +0.060% | $52K | $24K | 20x | as long as short |
| Lighter ORCLlong | +0.0032% | 1h | 149.73 | long leg | $474K | $51K | 10x | |
| Lighter RH ORCL | +0.0032% | 1h | 149.67 | −0.040% | $624K | $315K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.447% | $20K | $12K | 12x | as long as short |
| Nado ORCL-PERP | +0.0036% | 1h | 149.59 | −0.094% | $91K | $20K | 10x | as long as short |
| Arcus ORCL-USD | +0.0040% | 1h | 149.59 | −0.094% | $87K | $79K | 10x | as long as short |
edgeX ORCLUSDC
Aster ORCLUSDT
Bitget ORCLUSDT
SunX ORCL-USDT
HTX ORCL-USDT
Lighter RH ORCL
Injective ORCL/USDC PERP
Nado ORCL-PERP
Arcus ORCL-USDShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.68 | −0.033% | — | $67K | 25x | as long as short |
| tradeXYZ xyz:ORCLshort | +0.0050% | 1h | 149.54 | −0.127% | $21.6M | $6.8M | 10x | |
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 149.62 | −0.073% | $131K | $90K | 10x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 149.68 | −0.033% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 149.52 | −0.140% | $703K | $723K | 10x | as long as short |
| QFEX ORCL-USD | +0.0067% | 1h | 149.66 | −0.047% | $1.1M | $2.1M | 10x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 149.66 | −0.047% | $22K | $262K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.66 | −0.047% | $190 | — | 10x | as long as short |
| GRVT ORCL_USDT_Perp | +0.0214% | 8h | 149.67 | −0.040% | $2K | $177K | 10x | as long as short |
| Variational Omni ORCL | +0.0245% | 8h | 149.69 | −0.028% | $1.3M | $363K | — | as long as short |
| Gate ORCL_USDT | +0.0300% | 8h | 149.75 | +0.013% | $2.3M | $3.0M | 25x | as long as short |
| Extended ORCL_24_5-USD | +0.0320% | 1h | 149.65 | −0.056% | $390K | $1.3M | 10x | as long as short |
| Binance ORCLUSDT | +0.0322% | 8h | 149.69 | −0.028% | $25.2M | $35.4M | 20x | as long as short |
| KuCoin ORCLUSDTM | +0.0360% | 8h | 149.76 | +0.020% | $262K | $279K | 20x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0388% | 8h | 149.75 | +0.013% | $5.0M | $5.8M | 20x | as long as short |
| Phoenix ORCL | +0.0535% | 1h | 149.67 | −0.040% | $153K | $75K | 10x | as long as short |
| BloFin ORCL-USDT | +0.0707% | 8h | 149.77 | +0.027% | $47K | $43K | 20x | as long as short |
| Bybit ORCLUSDT | +0.0722% | 8h | 149.75 | +0.013% | $4.1M | $1.8M | 50x | as long as short |
Vest ORCL-USD-PERP
Polymarket Perps ORCL-USD
SoDEX ORCL-USD
Ondo Perps ORCL-USD.P
QFEX ORCL-USD
ApeX Omni ORACLEUSDT
Orderly PERP_ORCL_USDC_mythos
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