Funding you earn now, next payment 12:00 UTC+0.0068%/8h= +7.4% APRpaid last 24h +0.019%
Price spread now: Orderly against Lighter RH+0.046%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter RH: Points live · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Orderly is 0.046% dearer against Lighter RH than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH ORCL | 151.51 | 0.0032 | pay 0.0004% / 1h | 29m 01s | $625K | $298K | 10x |
| Short | Orderly PERP_ORCL_USDC_mythos | 151.58 | 0.0100 | get 0.0100% / 8h | 4h 29m | $193 | — | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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
- $14.28
- Price spread: +0.046% → 0.000%
- $4.62
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- $12.9
- Costs to cover
- 0.060%
- Break-even
- 0.7 days
Slippage unknown: Lighter RH: live order book, 12 min ago; Orderly: 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, 12 min ago | 3.65 bp | 4.6 bp −$5 | 9.5 bp −$95 | doesn't fit | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: 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 exchanges
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 | −0.0093% | 4h | 151.64 | +0.083% | $29K | $217K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 151.98 | +0.312% | $107K | $22K | 20x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 151.82 | +0.205% | $3K | $2.3M | 10x | as long as short |
| Nado ORCL-PERP | +0.0012% | 1h | 151.47 | −0.029% | $89K | $5K | 10x | as long as short |
| HTX ORCL-USDT | +0.0021% | 8h | 151.31 | −0.132% | $52K | $18K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 151.60 | +0.059% | $484K | $60K | 10x | as long as short |
| Lighter RH ORCLlong | +0.0032% | 1h | 151.51 | long leg | $625K | $298K | 10x | |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −1.617% | $20K | $9K | 12x | as long as short |
| tradeXYZ xyz:ORCL | +0.0050% | 1h | 151.49 | −0.013% | $22.1M | $6.7M | 10x | as long as short |
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 151.54 | +0.020% | $75K | $154K | 10x | as long as short |
Show all 28 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 151.49 | −0.013% | $702K | $908K | 10x | as long as short |
| Vest ORCL-USD-PERP | +0.0054% | 1h | 151.69 | +0.119% | — | — | 25x | as long as short |
| QFEX ORCL-USD | +0.0070% | 1h | 151.55 | +0.026% | $1.1M | $1.9M | 10x | as long as short |
| KuCoin ORCLUSDTM | +0.0100% | 8h | 151.48 | −0.020% | $245K | $526K | 20x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 151.37 | −0.092% | $23K | $262K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythosshort | +0.0100% | 8h | 151.58 | +0.046% | $193 | — | 10x | |
| SoDEX ORCL-USD | +0.0195% | 1h | 151.55 | +0.026% | $30K | $3K | 10x | as long as short |
| Gate ORCL_USDT | +0.0206% | 8h | 151.70 | +0.125% | $2.4M | $2.9M | 25x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0210% | 8h | 151.51 | 0.000% | $5.1M | $6.3M | 20x | as long as short |
| Bitget ORCLUSDT | +0.0304% | 8h | 151.62 | +0.073% | $7.9M | $2.6M | 20x | as long as short |
| Variational Omni ORCL | +0.0332% | 8h | 151.59 | +0.054% | $1.2M | $363K | — | as long as short |
| Extended ORCL_24_5-USD | +0.0440% | 1h | 151.50 | −0.008% | $393K | $2.6M | 10x | as long as short |
| Binance ORCLUSDT | +0.0442% | 8h | 151.56 | +0.033% | $25.7M | $36.3M | 20x | as long as short |
| Arcus ORCL-USD | +0.0446% | 1h | 151.56 | +0.033% | $88K | $71K | 10x | as long as short |
| GRVT ORCL_USDT_Perp | +0.0521% | 8h | 151.47 | −0.026% | $2K | $139K | 10x | as long as short |
| Bybit ORCLUSDT | +0.0588% | 8h | 151.57 | +0.040% | $4.2M | $1.8M | 50x | as long as short |
| BloFin ORCL-USDT | +0.0589% | 8h | 151.42 | −0.059% | $48K | $43K | 20x | as long as short |
| Phoenix ORCL | +0.0692% | 1h | 151.34 | −0.112% | $155K | $85K | 10x | as long as short |
Lighter RH ORCL
edgeX ORCLUSDC
Aster ORCLUSDT
SunX ORCL-USDT
HTX ORCL-USDT
Lighter ORCL
Injective ORCL/USDC PERP
tradeXYZ xyz:ORCL
Polymarket Perps ORCL-USD
KuCoin ORCLUSDTM
ApeX Omni ORACLEUSDT
SoDEX ORCL-USD
Gate ORCL_USDT
OKX ORCL-USDT-SWAP
Bitget ORCLUSDT
Variational Omni ORCL
Extended ORCL_24_5-USD
Binance ORCLUSDT
GRVT ORCL_USDT_Perp
Bybit ORCLUSDT
BloFin ORCL-USDT
Phoenix ORCL