Funding you earn now, next payment 03:00 UTC+0.0254%/8h= +27.9% APRpaid last 24h +0.053%
Price spread now: Binance against Lighter RH0.000%7-day average +0.058% · you sell dearer than you buy
Net, funding: paid 7d − costs−$10as in the Funding arb table
Net, price: spread back to 7d avg − costs−$26as in the Price arb table
costs, in and out, $10k−$200.201% of the position
Funding, last 7 days+0.097%+$10 on $10k
+Price spread, last 4 days (all we have)−0.103%−$10 · spread now 0.000%, 7d avg +0.058%
=Together, before fees−0.006%+ Points / potential airdropLighter RH: Points live · farm board−$1 on $10k · with fees, hour by hour
Funding pays, the price is against you. Binance is 0.058% cheaper against Lighter RH than usual: you would sell low and buy high (spread 0.000% now, against its 7-day average of +0.058%). If the spread goes back, that is −$6 on $10k: about 18 hours of funding at the current rate (+$8 a day). At the pace of the last 7 days (+0.097% in total) that is about 4.2 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.097% in total (about 5.1% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH ORCL | 149.71 | 0.0032 | pay 0.0004% / 1h | 7m 54s | $623K | $318K | 10x |
| Short | Binance ORCLUSDT | 149.71 | 0.0286 | get 0.0286% / 8h | 5h 07m | $25.1M | $35.5M | 20x |
Lighter RH ORCL
Binance ORCLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Lighter RH. 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
- $53.42
- Price spread: 0.000% → +0.058%
- −$5.81
- Slippage, 4 orders
- −$10.07
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $27.54
- Costs to cover
- 0.201%
- Break-even
- 3.4 days
Slippage from Lighter RH: live order book, 55 min ago; Binance: live order book, 4 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 RH live order book, 55 min ago | 1.67 bp | 3.6 bp −$4 | 12.7 bp −$127 | doesn't fit | doesn't fit |
| Sell Binance live order book, 4 min ago | 1.00 bp | 7.1 bp −$7 | 16.7 bp −$167 | 102.6 bp −$10.3K | 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 | −0.0014% | 4h | 149.68 | −0.019% | $28K | $213K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.55 | −0.104% | $94K | $16K | 20x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.95 | +0.160% | $3K | $2.7M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.80 | +0.060% | $52K | $23K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.70 | −0.007% | $474K | $51K | 10x | as long as short |
| Lighter RH ORCLlong | +0.0032% | 1h | 149.71 | long leg | $623K | $318K | 10x | |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.434% | $20K | $12K | 12x | as long as short |
| Arcus ORCL-USD | +0.0040% | 1h | 149.59 | −0.080% | $87K | $79K | 10x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.67 | −0.027% | — | $67K | 25x | as long as short |
| tradeXYZ xyz:ORCL | +0.0050% | 1h | 149.55 | −0.107% | $21.6M | $6.8M | 10x | as long as short |
edgeX ORCLUSDC
Aster ORCLUSDT
SunX ORCL-USDT
HTX ORCL-USDT
Lighter ORCL
Injective ORCL/USDC PERP
Arcus ORCL-USD
Vest ORCL-USD-PERP
tradeXYZ xyz:ORCLShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 149.64 | −0.047% | $131K | $90K | 10x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 149.70 | −0.007% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 149.51 | −0.134% | $700K | $727K | 10x | as long as short |
| QFEX ORCL-USD | +0.0059% | 1h | 149.68 | −0.020% | $1.1M | $2.5M | 10x | as long as short |
| Bitget ORCLUSDT | +0.0071% | 8h | 149.78 | +0.047% | $7.7M | $4.0M | 20x | as long as short |
| Nado ORCL-PERP | +0.0093% | 1h | 149.54 | −0.114% | $92K | $18K | 10x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 149.66 | −0.033% | $22K | $265K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.73 | +0.013% | $190 | — | 10x | as long as short |
| Gate ORCL_USDT | +0.0119% | 8h | 149.78 | +0.047% | $2.3M | $2.9M | 25x | as long as short |
| Variational Omni ORCL | +0.0207% | 8h | 149.69 | −0.016% | $1.3M | $363K | — | as long as short |
| GRVT ORCL_USDT_Perp | +0.0234% | 8h | 149.71 | 0.000% | $2K | $179K | 10x | as long as short |
| Binance ORCLUSDTshort | +0.0286% | 8h | 149.71 | 0.000% | $25.1M | $35.5M | 20x | |
| Extended ORCL_24_5-USD | +0.0288% | 1h | 149.69 | −0.012% | $389K | $1.3M | 10x | as long as short |
| KuCoin ORCLUSDTM | +0.0372% | 8h | 149.80 | +0.060% | $261K | $275K | 20x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0374% | 8h | 149.73 | +0.013% | $4.9M | $5.6M | 20x | as long as short |
| Phoenix ORCL | +0.0536% | 1h | 149.62 | −0.060% | $153K | $75K | 10x | as long as short |
| BloFin ORCL-USDT | +0.0623% | 8h | 149.74 | +0.020% | $47K | $43K | 20x | as long as short |
| Bybit ORCLUSDT | +0.0635% | 8h | 149.81 | +0.067% | $3.8M | $1.6M | 50x | as long as short |
Polymarket Perps ORCL-USD
SoDEX ORCL-USD
Ondo Perps ORCL-USD.P
QFEX ORCL-USD
Bitget ORCLUSDT
Nado ORCL-PERP
ApeX Omni ORACLEUSDT
Orderly PERP_ORCL_USDC_mythos
Gate ORCL_USDT
Variational Omni ORCL
GRVT ORCL_USDT_Perp
Extended ORCL_24_5-USD
KuCoin ORCLUSDTM
OKX ORCL-USDT-SWAP
Phoenix ORCL
BloFin ORCL-USDT
Bybit ORCLUSDT