Funding you earn now, next payment 01:00 UTC+0.0018%/8h= +2.0% APRnext payment +$0.02 per $10,000 · paid last 24h +0.005%
Price spread now: Ondo Perps against Lighter RH−0.087%7-day average −0.048% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.032%+$3 on $10k
+Price spread, last 4 days (all we have)+0.030%+$3 · spread now −0.087%, 7d avg −0.048%
=Together, before fees+0.062%+ Points / potential airdropLighter RH: Points live · Ondo Perps: Active · farm board+$6 on $10k · with fees, hour by hour
Funding pays, the price is against you. Ondo Perps is 0.039% cheaper against Lighter RH than usual: you would sell low and buy high (spread −0.087% now, against its 7-day average of −0.048%). If the spread goes back, that is −$4 on $10k: about 7.1 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH ORCL | 149.37 | 0.0032 | pay 0.0004% / 1h | 50m 13s | $621K | $323K | 10x |
| Short | Ondo Perps ORCL-USD.P | 149.24 | 0.0050 | get 0.0006% / 1h | 50m 13s | $702K | $704K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps 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
- $3.86
- Price spread: −0.087% → −0.048%
- −$3.95
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$5.08
- Costs to cover
- 0.050%
- Break-even
- 16.2 days
Slippage unknown: Lighter RH: live order book, 22 min ago; Ondo Perps: no order-book sample. 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 RH live order book, 22 min ago | 2.68 bp | 3.3 bp −$3 | 10.2 bp −$102 | doesn't fit | doesn't fit |
| Sell Ondo Perps no order-book sample | — | — | — | — | — |
Ondo Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0886% | 4h | 149.38 | +0.005% | $28K | $214K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.45 | +0.051% | $94K | $16K | 20x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.58 | +0.141% | $3K | $2.8M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.41 | +0.027% | $52K | $22K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.45 | +0.054% | $473K | $50K | 10x | as long as short |
| Lighter RH ORCLlong | +0.0032% | 1h | 149.37 | long leg | $621K | $323K | 10x | |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.208% | $20K | $12K | 12x | as long as short |
| Nado ORCL-PERP | +0.0043% | 1h | 149.23 | −0.095% | $92K | $18K | 10x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.35 | −0.013% | — | $127K | 25x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 149.36 | −0.007% | $30K | $3K | 10x | as long as short |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps ORCL-USD.Pshort | +0.0050% | 1h | 149.24 | −0.087% | $702K | $704K | 10x | |
| QFEX ORCL-USD | +0.0075% | 1h | 149.31 | −0.040% | $1.1M | $2.9M | 10x | as long as short |
| Gate ORCL_USDT | +0.0075% | 8h | 149.42 | +0.033% | $2.3M | $2.9M | 25x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 149.35 | −0.013% | $22K | $266K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.36 | −0.007% | $190 | — | 10x | as long as short |
| Polymarket Perps ORCL-USD | +0.0123% | 1h | 149.26 | −0.074% | $131K | $93K | 10x | as long as short |
| Variational Omni ORCL | +0.0143% | 8h | 149.30 | −0.046% | $1.3M | $363K | — | as long as short |
| GRVT ORCL_USDT_Perp | +0.0190% | 8h | 149.36 | −0.005% | $1K | $192K | 10x | as long as short |
| Extended ORCL_24_5-USD | +0.0192% | 1h | 149.35 | −0.014% | $388K | $1.5M | 10x | as long as short |
| Binance ORCLUSDT | +0.0194% | 8h | 149.38 | +0.005% | $25.1M | $35.1M | 20x | as long as short |
| tradeXYZ xyz:ORCL | +0.0242% | 1h | 149.26 | −0.074% | $21.5M | $7.0M | 10x | as long as short |
| KuCoin ORCLUSDTM | +0.0282% | 8h | 149.47 | +0.067% | $260K | $250K | 20x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0317% | 8h | 149.38 | +0.007% | $4.8M | $5.5M | 20x | as long as short |
| Bitget ORCLUSDT | +0.0399% | 8h | 149.40 | +0.020% | $7.6M | $4.1M | 20x | as long as short |
| Arcus ORCL-USD | +0.0467% | 1h | 149.25 | −0.080% | $86K | $80K | 10x | as long as short |
| Bybit ORCLUSDT | +0.0587% | 8h | 149.42 | +0.033% | $3.5M | $1.4M | 50x | as long as short |
| BloFin ORCL-USDT | +0.0660% | 8h | 149.41 | +0.027% | $47K | $51K | 20x | as long as short |
| Phoenix ORCL | +0.0697% | 1h | 149.31 | −0.040% | $150K | $84K | 10x | as long as short |
Lighter RH ORCL
edgeX ORCLUSDC
Aster ORCLUSDT
SunX ORCL-USDT
HTX ORCL-USDT
Lighter ORCL
Injective ORCL/USDC PERP
SoDEX ORCL-USD
Gate ORCL_USDT
ApeX Omni ORACLEUSDT
Polymarket Perps ORCL-USD
Variational Omni ORCL
GRVT ORCL_USDT_Perp
Extended ORCL_24_5-USD
Binance ORCLUSDT
tradeXYZ xyz:ORCL
KuCoin ORCLUSDTM
OKX ORCL-USDT-SWAP
Bitget ORCLUSDT
Bybit ORCLUSDT
BloFin ORCL-USDT
Phoenix ORCL