Funding you earn now, next payment 01:00 UTC−0.0040%/8h= −4.4% APRpaid last 24h +0.084%
Price spread now: Gate against Lighter RH+0.047%7-day average +0.094% · you sell dearer than you buy
Net, funding: paid 7d − costs−$23as in the Funding arb table
Net, price: spread back to 7d avg − costs−$53as in the Price arb table
costs, in and out, $10k−$490.485% of the position
Funding, last 7 days+0.251%+$25 on $10k
+Price spread, last 4 days (all we have)+0.125%+$12 · spread now +0.047%, 7d avg +0.094%
=Together, before fees+0.376%+ Points / potential airdropLighter RH: Points live · farm board+$38 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 Gate is 0.048% cheaper against Lighter RH than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.094%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.251%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH ORCL | 149.29 | 0.0040 | pay 0.0005% / 1h | 54m 23s | $621K | $323K | 10x |
| Short | Gate ORCL_USDT | 149.36 | 0 | get 0.0000% / 8h | 7h 54m | $2.3M | $2.9M | 25x |
Lighter RH ORCL
Gate ORCL_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$8.4
- Price spread: +0.047% → +0.094%
- −$4.75
- Slippage, 4 orders
- −$33.5
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$61.65
- Costs to cover
- 0.485%
- Break-even
- never at this rate
Slippage from Lighter RH: live order book, 18 min ago; Gate: 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, 18 min ago | 2.68 bp | 3.3 bp −$3 | 10.2 bp −$102 | doesn't fit | doesn't fit |
| Sell Gate live order book, 4 min ago | 2.34 bp | 19.4 bp −$19 | 36.8 bp −$368 | 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 | −0.0373% | 4h | 149.39 | +0.067% | $28K | $213K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.34 | +0.034% | $93K | $16K | 20x | as long as short |
| Gate ORCL_USDTshort | 0.0000% | 8h | 149.36 | +0.047% | $2.3M | $2.9M | 25x | |
| SunX ORCL-USDT | 0.0000% | 8h | 149.66 | +0.248% | $2K | $2.8M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.45 | +0.107% | $52K | $22K | 20x | as long as short |
| Nado ORCL-PERP | +0.0027% | 1h | 149.26 | −0.021% | $92K | $18K | 10x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.42 | +0.087% | $473K | $50K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.154% | $20K | $12K | 12x | as long as short |
| Lighter RH ORCLlong | +0.0040% | 1h | 149.29 | long leg | $621K | $323K | 10x | |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.33 | +0.027% | — | $127K | 25x | as long as short |
edgeX ORCLUSDC
Aster ORCLUSDT
SunX ORCL-USDT
HTX ORCL-USDT
Nado ORCL-PERP
Lighter ORCL
Injective ORCL/USDC PERP
Vest ORCL-USD-PERPShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SoDEX ORCL-USD | +0.0050% | 1h | 149.31 | +0.013% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 149.16 | −0.087% | $696K | $713K | 10x | as long as short |
| QFEX ORCL-USD | +0.0075% | 1h | 149.24 | −0.033% | $1.1M | $2.9M | 10x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.35 | +0.040% | $190 | — | 10x | as long as short |
| Variational Omni ORCL | +0.0136% | 8h | 149.42 | +0.087% | $1.3M | $363K | — | as long as short |
| Binance ORCLUSDT | +0.0192% | 8h | 149.30 | +0.009% | $25.1M | $35.2M | 20x | as long as short |
| Extended ORCL_24_5-USD | +0.0192% | 1h | 149.28 | −0.010% | $386K | $1.4M | 10x | as long as short |
| GRVT ORCL_USDT_Perp | +0.0251% | 8h | 149.43 | +0.096% | $1K | $192K | 10x | as long as short |
| KuCoin ORCLUSDTM | +0.0276% | 8h | 149.48 | +0.127% | $260K | $250K | 20x | as long as short |
| Polymarket Perps ORCL-USD | +0.0306% | 1h | 149.20 | −0.060% | $131K | $98K | 10x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0317% | 8h | 149.33 | +0.027% | $4.8M | $5.5M | 20x | as long as short |
| Bitget ORCLUSDT | +0.0397% | 8h | 149.29 | 0.000% | $7.6M | $4.2M | 20x | as long as short |
| tradeXYZ xyz:ORCL | +0.0423% | 1h | 149.16 | −0.087% | $21.5M | $7.0M | 10x | as long as short |
| Arcus ORCL-USD | +0.0467% | 1h | 149.27 | −0.013% | $86K | $79K | 10x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0479% | 1h | 149.42 | +0.087% | $22K | $266K | 50x | as long as short |
| Phoenix ORCL | +0.0538% | 1h | 149.30 | +0.007% | $150K | $84K | 10x | as long as short |
| Bybit ORCLUSDT | +0.0687% | 8h | 149.34 | +0.033% | $3.5M | $1.5M | 50x | as long as short |
| BloFin ORCL-USDT | +0.0740% | 8h | 149.43 | +0.094% | $47K | $51K | 20x | as long as short |
SoDEX ORCL-USD
Ondo Perps ORCL-USD.P
QFEX ORCL-USD
Orderly PERP_ORCL_USDC_mythos
Variational Omni ORCL
Binance ORCLUSDT
Extended ORCL_24_5-USD
GRVT ORCL_USDT_Perp
KuCoin ORCLUSDTM
Polymarket Perps ORCL-USD
OKX ORCL-USDT-SWAP
Bitget ORCLUSDT
tradeXYZ xyz:ORCL
Arcus ORCL-USD
ApeX Omni ORACLEUSDT
Phoenix ORCL
Bybit ORCLUSDT
BloFin ORCL-USDT