Funding you earn now, next payment 07:00 UTC−0.0032%/8h= −3.5% APRnext payment −$0.04 per $10,000 · paid last 24h −0.006%
Price spread now: Lighter RH against Nado+0.091%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropNado: Active · Lighter RH: Points live · farm boardneeds both histories
The price spread pays, funding is against you. Lighter RH is 0.091% dearer against Nado than usual: you sell high and buy low (spread +0.091% now, against zero (this spread has no 7-day history yet)): +$9 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 9.6 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado ORCL-PERP | 149.29 | 0.0072 | pay 0.0009% / 1h | 40m 37s | $88K | $22K | 10x |
| Short | Lighter RH ORCL | 149.43 | 0.0040 | get 0.0005% / 1h | 40m 37s | $623K | $322K | 10x |
Nado ORCL-PERP
Lighter RH ORCLFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against Nado. 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
- −$6.64
- Price spread: +0.091% → 0.000%
- $9.07
- Slippage, 4 orders
- no order book: not counted
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$4.57
- Costs to cover
- 0.070%
- Break-even
- from the start
Slippage unknown: Nado: no order-book sample; Lighter RH: live order book, 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 Nado no order-book sample | — | — | — | — | — |
| Sell Lighter RH live order book, 2 min ago | 3.35 bp | 4.0 bp −$4 | 7.7 bp −$77 | doesn't fit | doesn't fit |
Nado: 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 | −0.0291% | 4h | 149.41 | +0.079% | $28K | $215K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.30 | +0.003% | $98K | $20K | 20x | as long as short |
| Bitget ORCLUSDT | 0.0000% | 8h | 149.52 | +0.151% | $7.7M | $3.8M | 20x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.63 | +0.225% | $3K | $2.7M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.57 | +0.184% | $52K | $25K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.52 | +0.151% | $475K | $51K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.157% | $20K | $9K | 12x | as long as short |
| Lighter RH ORCLshort | +0.0040% | 1h | 149.43 | +0.091% | $623K | $322K | 10x | |
| Arcus ORCL-USD | +0.0040% | 1h | 149.34 | +0.030% | $87K | $79K | 10x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.45 | +0.104% | — | $67K | 25x | as long as short |
edgeX ORCLUSDC
Aster ORCLUSDT
Bitget ORCLUSDT
SunX ORCL-USDT
HTX ORCL-USDT
Lighter ORCL
Injective ORCL/USDC PERP
Arcus ORCL-USD
Vest ORCL-USD-PERPShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 149.36 | +0.044% | $131K | $92K | 10x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 149.39 | +0.064% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 149.27 | −0.016% | $699K | $894K | 10x | as long as short |
| tradeXYZ xyz:ORCL | +0.0065% | 1h | 149.29 | −0.003% | $21.6M | $6.9M | 10x | as long as short |
| QFEX ORCL-USD | +0.0065% | 1h | 149.39 | +0.064% | $1.1M | $2.0M | 10x | as long as short |
| Nado ORCL-PERPlong | +0.0072% | 1h | 149.29 | long leg | $88K | $22K | 10x | |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 149.27 | −0.016% | $22K | $263K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.36 | +0.044% | $190 | — | 10x | as long as short |
| KuCoin ORCLUSDTM | +0.0167% | 8h | 149.37 | +0.051% | $240K | $281K | 20x | as long as short |
| GRVT ORCL_USDT_Perp | +0.0172% | 8h | 149.42 | +0.084% | $1K | $163K | 10x | as long as short |
| Variational Omni ORCL | +0.0175% | 8h | 149.40 | +0.070% | $1.2M | $423K | — | as long as short |
| Gate ORCL_USDT | +0.0242% | 8h | 149.47 | +0.117% | $2.3M | $3.0M | 25x | as long as short |
| Extended ORCL_24_5-USD | +0.0264% | 1h | 149.38 | +0.055% | $388K | $1.6M | 10x | as long as short |
| Binance ORCLUSDT | +0.0266% | 8h | 149.41 | +0.077% | $24.9M | $36.8M | 20x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0267% | 8h | 149.40 | +0.071% | $4.9M | $6.0M | 20x | as long as short |
| Phoenix ORCL | +0.0429% | 1h | 149.37 | +0.051% | $153K | $75K | 10x | as long as short |
| BloFin ORCL-USDT | +0.0580% | 8h | 149.40 | +0.071% | $47K | $44K | 20x | as long as short |
| Bybit ORCLUSDT | +0.0599% | 8h | 149.44 | +0.097% | $4.1M | $1.9M | 50x | as long as short |
Polymarket Perps ORCL-USD
SoDEX ORCL-USD
Ondo Perps ORCL-USD.P
tradeXYZ xyz:ORCL
QFEX ORCL-USD
ApeX Omni ORACLEUSDT
Orderly PERP_ORCL_USDC_mythos
KuCoin ORCLUSDTM
GRVT ORCL_USDT_Perp
Variational Omni ORCL
Gate ORCL_USDT
Extended ORCL_24_5-USD
Binance ORCLUSDT
OKX ORCL-USDT-SWAP
Phoenix ORCL
BloFin ORCL-USDT
Bybit ORCLUSDT