Funding you earn now, next payment 00:00 UTC−0.0192%/8h= −21.0% APRpaid last 24h −0.037%
Price spread now: Lighter RH against OKX−0.067%7-day average −0.060% · you buy dearer than you sell
Net, funding: paid 7d − costs−$35as in the Funding arb table
Net, price: spread back to 7d avg − costs−$29as in the Price arb table
costs, in and out, $10k−$280.282% of the position
Funding, last 7 days−0.073%−$7 on $10k
+Price spread, last 4 days (all we have)−0.028%−$3 · spread now −0.067%, 7d avg −0.060%
=Together, before fees−0.101%+ Points / potential airdropLighter RH: Points live · farm board−$10 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.060%, so right now this pair is about funding alone: −$6 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.073% in total (about -3.8% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX ORCL-USDT-SWAP | 149.44 | 0.0296 | pay 0.0296% / 8h | 16m 52s | $4.8M | $5.7M | 20x |
| Short | Lighter RH ORCL | 149.34 | 0.0104 | get 0.0013% / 1h | 16m 52s | $621K | $462K | 10x |
OKX ORCL-USDT-SWAP
Lighter RH ORCLFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against OKX. 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
- −$40.33
- Price spread: −0.067% → −0.060%
- −$0.64
- Slippage, 4 orders
- −$18.16
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$69.14
- Costs to cover
- 0.282%
- Break-even
- never at this rate
Slippage from OKX: live order book, 1 min ago; Lighter RH: live order book, 61 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 OKX live order book, 1 min ago | 0.67 bp | 12.4 bp −$12 | 25.5 bp −$255 | doesn't fit | doesn't fit |
| Sell Lighter RH live order book, 61 min ago | 2.02 bp | 2.0 bp −$2 | 8.3 bp −$83 | 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 | −0.0045% | 4h | 149.19 | −0.170% | $28K | $214K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.31 | −0.087% | $93K | $16K | 20x | as long as short |
| Gate ORCL_USDT | 0.0000% | 8h | 149.42 | −0.013% | $2.3M | $2.9M | 25x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.63 | +0.127% | $3K | $2.9M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.21 | −0.154% | $52K | $23K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.39 | −0.033% | $473K | $53K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.254% | $20K | $14K | 12x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.30 | −0.094% | — | $127K | 25x | as long as short |
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 149.24 | −0.134% | $131K | $122K | 10x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 149.36 | −0.054% | $30K | $3K | 10x | as long as short |
edgeX ORCLUSDC
Aster ORCLUSDT
Gate ORCL_USDT
SunX ORCL-USDT
HTX ORCL-USDT
Lighter ORCL
Injective ORCL/USDC PERP
Vest ORCL-USD-PERP
Polymarket Perps ORCL-USD
SoDEX ORCL-USDShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 149.21 | −0.154% | $709K | $697K | 10x | as long as short |
| QFEX ORCL-USD | +0.0071% | 1h | 149.32 | −0.080% | $1.1M | $2.9M | 10x | as long as short |
| Variational Omni ORCL | +0.0083% | 8h | 149.18 | −0.171% | $1.3M | $314K | — | as long as short |
| GRVT ORCL_USDT_Perp | +0.0090% | 8h | 149.21 | −0.154% | $1K | $194K | 10x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 149.22 | −0.147% | $22K | $269K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.29 | −0.100% | $190 | — | 10x | as long as short |
| Lighter RH ORCLshort | +0.0104% | 1h | 149.34 | −0.067% | $621K | $462K | 10x | |
| tradeXYZ xyz:ORCL | +0.0142% | 1h | 149.25 | −0.127% | $21.5M | $8.2M | 10x | as long as short |
| Binance ORCLUSDT | +0.0143% | 8h | 149.40 | −0.027% | $25.0M | $35.5M | 20x | as long as short |
| Extended ORCL_24_5-USD | +0.0144% | 1h | 149.37 | −0.047% | $386K | $1.4M | 10x | as long as short |
| Nado ORCL-PERP | +0.0149% | 1h | 149.18 | −0.175% | $92K | $18K | 10x | as long as short |
| KuCoin ORCLUSDTM | +0.0235% | 8h | 149.30 | −0.094% | $259K | $243K | 20x | as long as short |
| Arcus ORCL-USD | +0.0289% | 1h | 149.25 | −0.127% | $86K | $81K | 10x | as long as short |
| OKX ORCL-USDT-SWAPlong | +0.0296% | 8h | 149.44 | long leg | $4.8M | $5.7M | 20x | |
| Bitget ORCLUSDT | +0.0365% | 8h | 149.43 | −0.007% | $7.5M | $4.5M | 20x | as long as short |
| Bybit ORCLUSDT | +0.0522% | 8h | 149.40 | −0.027% | $3.5M | $1.5M | 50x | as long as short |
| BloFin ORCL-USDT | +0.0525% | 8h | 149.32 | −0.080% | $47K | $51K | 20x | as long as short |
| Phoenix ORCL | +0.0538% | 1h | 149.13 | −0.207% | $149K | $84K | 10x | as long as short |
Ondo Perps ORCL-USD.P
QFEX ORCL-USD
Variational Omni ORCL
GRVT ORCL_USDT_Perp
ApeX Omni ORACLEUSDT
Orderly PERP_ORCL_USDC_mythos
tradeXYZ xyz:ORCL
Binance ORCLUSDT
Extended ORCL_24_5-USD
Nado ORCL-PERP
KuCoin ORCLUSDTM
Arcus ORCL-USD
Bitget ORCLUSDT
Bybit ORCLUSDT
BloFin ORCL-USDT
Phoenix ORCL