Settings8H · net · $10k
Funding arb · Price arb /

ORCL

RWAall ORCL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0068%/8h= −7.4% APRpaid last 24h −0.020%
Price spread now: Lighter against Orderly−0.007%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_ORCL_USDC_mythos148.530.0100pay 0.0100% / 8h7h 29m$18910x
ShortLighter ORCL148.520.0032get 0.0004% / 1h29m 49s$474K$59K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against Orderly. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
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: −0.007% → 0.000%
−$0.67
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee Lighter: 0 bp × 2 orders
$0
Net
−$20.95
Costs to cover
0.060%
Break-even
never at this rate
Slippage unknown: Orderly: no order-book sample; Lighter: live order book, 60 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Orderly no order-book sample
Sell Lighter live order book, 60 min ago3.69 bp13.4 bp −$1316.0 bp −$160doesn't fitdoesn't fit
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 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX ORCLUSDC−0.0211%4h148.71+0.119%$28K$215K10xas long as short
Aster ORCLUSDT0.0000%8h148.86+0.222%$97K$20K20xas long as short
Bitget ORCLUSDT0.0000%8h148.530.000%$7.7M$2.6M20xas long as short
GRVT ORCL_USDT_Perp0.0000%8h148.78+0.170%$1K$149K10xas long as short
SunX ORCL-USDT0.0000%8h148.67+0.094%$3K$2.6M10xas long as short
HTX ORCL-USDT0.0000%8h148.69+0.108%$52K$25K20xas long as short
Lighter ORCLshort+0.0032%1h148.52−0.007%$474K$59K10x
Lighter RH ORCL+0.0032%1h148.45−0.054%$602K$315K10xas long as short
Injective ORCL/USDC PERP+0.0033%1h149.06+0.357%$20K$9K12xas long as short
Arcus ORCL-USD+0.0040%1h148.36−0.114%$86K$79K10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest ORCL-USD-PERP+0.0046%1h148.51−0.013%$67K25xas long as short
Polymarket Perps ORCL-USD+0.0050%1h148.27−0.175%$130K$80K10xas long as short
SoDEX ORCL-USD+0.0050%1h148.44−0.061%$30K$3K10xas long as short
Ondo Perps ORCL-USD.P+0.0050%1h148.34−0.128%$707K$840K10xas long as short
Nado ORCL-PERP+0.0056%1h148.34−0.125%$87K$22K10xas long as short
QFEX ORCL-USD+0.0065%1h148.42−0.074%$1.1M$1.9M10xas long as short
tradeXYZ xyz:ORCL+0.0067%1h148.35−0.121%$21.6M$6.9M10xas long as short
KuCoin ORCLUSDTM+0.0100%8h148.530.000%$240K$317K20xas long as short
ApeX Omni ORACLEUSDT+0.0100%1h148.60+0.047%$22K$263K50xas long as short
Orderly PERP_ORCL_USDC_mythoslong+0.0100%8h148.53long leg$18910x
Variational Omni ORCL+0.0139%8h148.60+0.047%$1.2M$428Kas long as short
OKX ORCL-USDT-SWAP+0.0196%8h148.45−0.054%$4.9M$5.9M20xas long as short
Binance ORCLUSDT+0.0228%8h148.47−0.040%$25.0M$36.3M20xas long as short
Extended ORCL_24_5-USD+0.0232%1h148.43−0.066%$386K$2.1M10xas long as short
Gate ORCL_USDT+0.0241%8h148.57+0.027%$2.3M$2.9M25xas long as short
Bybit ORCLUSDT+0.0453%8h148.50−0.020%$4.1M$1.9M50xas long as short
BloFin ORCL-USDT+0.0455%8h148.71+0.121%$48K$45K20xas long as short
Phoenix ORCL+0.0537%1h148.66+0.088%$152K$73K10xas long as short