Funding you earn now, next payment 09:00 UTC+0.0120%/8h= +13.2% APRpaid last 24h +0.045%
Price spread now: Variational Omni against Lighter RH+0.108%7-day average +0.062% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.027%+$3 on $10k
+Price spread, last 4 days (all we have)−0.220%−$22 · spread now +0.108%, 7d avg +0.062%
=Together, before fees−0.193%+ Points / potential airdropLighter RH: Points live · Variational Omni: Active · farm board−$19 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Variational Omni is 0.046% dearer against Lighter RH than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.062%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH ORCL | 148.62 | 0.0032 | pay 0.0004% / 1h | 32m 17s | $602K | $315K | 10x |
| Short | Variational Omni ORCL | 148.78 | 0.0152 | get 0.0152% / 8h | 7h 32m | $1.2M | $428K | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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
- $25.22
- Price spread: +0.108% → +0.062%
- $4.59
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $29.81
- Costs to cover
- 0.000%
- Break-even
- from the start
Slippage unknown: Lighter RH: live order book, 65 min ago; Variational Omni: RFQ quote, 2 min ago. 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, 65 min ago | 2.35 bp | 3.6 bp −$4 | 8.6 bp −$86 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 2 min ago | 4.47 bp | doesn't fit | 21.5 bp −$215 | 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 | −0.0504% | 4h | 148.78 | +0.107% | $28K | $214K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 148.86 | +0.161% | $97K | $20K | 20x | as long as short |
| Bitget ORCLUSDT | 0.0000% | 8h | 148.62 | 0.000% | $7.7M | $2.6M | 20x | as long as short |
| GRVT ORCL_USDT_Perp | 0.0000% | 8h | 148.78 | +0.109% | $1K | $149K | 10x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 148.87 | +0.168% | $2K | $2.6M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 148.87 | +0.168% | $52K | $25K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 148.65 | +0.020% | $475K | $59K | 10x | as long as short |
| Lighter RH ORCLlong | +0.0032% | 1h | 148.62 | long leg | $602K | $315K | 10x | |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | +0.296% | $20K | $9K | 12x | as long as short |
| Arcus ORCL-USD | +0.0040% | 1h | 148.59 | −0.020% | $86K | $79K | 10x | as long as short |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest ORCL-USD-PERP | +0.0046% | 1h | 148.66 | +0.027% | — | $67K | 25x | as long as short |
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 148.45 | −0.114% | $130K | $80K | 10x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 148.59 | −0.020% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 148.57 | −0.034% | $708K | $846K | 10x | as long as short |
| Nado ORCL-PERP | +0.0057% | 1h | 148.61 | −0.009% | $88K | $22K | 10x | as long as short |
| tradeXYZ xyz:ORCL | +0.0063% | 1h | 148.51 | −0.074% | $21.6M | $6.9M | 10x | as long as short |
| QFEX ORCL-USD | +0.0065% | 1h | 148.67 | +0.034% | $1.1M | $1.9M | 10x | as long as short |
| KuCoin ORCLUSDTM | +0.0100% | 8h | 148.66 | +0.027% | $241K | $314K | 20x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 148.70 | +0.054% | $22K | $263K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 148.67 | +0.034% | $189 | — | 10x | as long as short |
| Variational Omni ORCLshort | +0.0152% | 8h | 148.78 | +0.108% | $1.2M | $428K | — | |
| OKX ORCL-USDT-SWAP | +0.0200% | 8h | 148.57 | −0.034% | $4.9M | $5.9M | 20x | as long as short |
| Extended ORCL_24_5-USD | +0.0232% | 1h | 148.62 | −0.003% | $390K | $2.1M | 10x | as long as short |
| Binance ORCLUSDT | +0.0233% | 8h | 148.62 | −0.002% | $25.1M | $36.4M | 20x | as long as short |
| Gate ORCL_USDT | +0.0248% | 8h | 148.76 | +0.094% | $2.3M | $2.9M | 25x | as long as short |
| BloFin ORCL-USDT | +0.0468% | 8h | 148.74 | +0.081% | $48K | $45K | 20x | as long as short |
| Bybit ORCLUSDT | +0.0473% | 8h | 148.61 | −0.007% | $4.1M | $1.9M | 50x | as long as short |
| Phoenix ORCL | +0.0537% | 1h | 148.76 | +0.094% | $152K | $73K | 10x | as long as short |
Lighter RH ORCL
Variational Omni ORCL
edgeX ORCLUSDC
Aster ORCLUSDT
Bitget ORCLUSDT
GRVT ORCL_USDT_Perp
SunX ORCL-USDT
HTX ORCL-USDT
Lighter ORCL
Injective ORCL/USDC PERP
Polymarket Perps ORCL-USD
SoDEX ORCL-USD
tradeXYZ xyz:ORCL
KuCoin ORCLUSDTM
ApeX Omni ORACLEUSDT
OKX ORCL-USDT-SWAP
Extended ORCL_24_5-USD
Binance ORCLUSDT
Gate ORCL_USDT
BloFin ORCL-USDT
Bybit ORCLUSDT
Phoenix ORCL