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
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: 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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_ORCL_USDC_mythos | 148.53 | 0.0100 | pay 0.0100% / 8h | 7h 29m | $189 | — | 10x |
| Short | Lighter ORCL | 148.52 | 0.0032 | get 0.0004% / 1h | 29m 49s | $474K | $59K | 10x |
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 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: −0.007% → 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Orderly no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 60 min ago | 3.69 bp | 13.4 bp −$13 | 16.0 bp −$160 | doesn't fit | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX ORCLUSDC | −0.0211% | 4h | 148.71 | +0.119% | $28K | $215K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 148.86 | +0.222% | $97K | $20K | 20x | as long as short |
| Bitget ORCLUSDT | 0.0000% | 8h | 148.53 | 0.000% | $7.7M | $2.6M | 20x | as long as short |
| GRVT ORCL_USDT_Perp | 0.0000% | 8h | 148.78 | +0.170% | $1K | $149K | 10x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 148.67 | +0.094% | $3K | $2.6M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 148.69 | +0.108% | $52K | $25K | 20x | as long as short |
| Lighter ORCLshort | +0.0032% | 1h | 148.52 | −0.007% | $474K | $59K | 10x | |
| Lighter RH ORCL | +0.0032% | 1h | 148.45 | −0.054% | $602K | $315K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | +0.357% | $20K | $9K | 12x | as long as short |
| Arcus ORCL-USD | +0.0040% | 1h | 148.36 | −0.114% | $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 | 148.51 | −0.013% | — | $67K | 25x | as long as short |
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 148.27 | −0.175% | $130K | $80K | 10x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 148.44 | −0.061% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 148.34 | −0.128% | $707K | $840K | 10x | as long as short |
| Nado ORCL-PERP | +0.0056% | 1h | 148.34 | −0.125% | $87K | $22K | 10x | as long as short |
| QFEX ORCL-USD | +0.0065% | 1h | 148.42 | −0.074% | $1.1M | $1.9M | 10x | as long as short |
| tradeXYZ xyz:ORCL | +0.0067% | 1h | 148.35 | −0.121% | $21.6M | $6.9M | 10x | as long as short |
| KuCoin ORCLUSDTM | +0.0100% | 8h | 148.53 | 0.000% | $240K | $317K | 20x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 148.60 | +0.047% | $22K | $263K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythoslong | +0.0100% | 8h | 148.53 | long leg | $189 | — | 10x | |
| Variational Omni ORCL | +0.0139% | 8h | 148.60 | +0.047% | $1.2M | $428K | — | as long as short |
| OKX ORCL-USDT-SWAP | +0.0196% | 8h | 148.45 | −0.054% | $4.9M | $5.9M | 20x | as long as short |
| Binance ORCLUSDT | +0.0228% | 8h | 148.47 | −0.040% | $25.0M | $36.3M | 20x | as long as short |
| Extended ORCL_24_5-USD | +0.0232% | 1h | 148.43 | −0.066% | $386K | $2.1M | 10x | as long as short |
| Gate ORCL_USDT | +0.0241% | 8h | 148.57 | +0.027% | $2.3M | $2.9M | 25x | as long as short |
| Bybit ORCLUSDT | +0.0453% | 8h | 148.50 | −0.020% | $4.1M | $1.9M | 50x | as long as short |
| BloFin ORCL-USDT | +0.0455% | 8h | 148.71 | +0.121% | $48K | $45K | 20x | as long as short |
| Phoenix ORCL | +0.0537% | 1h | 148.66 | +0.088% | $152K | $73K | 10x | as long as short |
Lighter ORCL
edgeX ORCLUSDC
Aster ORCLUSDT
Bitget ORCLUSDT
GRVT ORCL_USDT_Perp
SunX ORCL-USDT
HTX ORCL-USDT
Lighter RH ORCL
Injective ORCL/USDC PERP
Polymarket Perps ORCL-USD
SoDEX ORCL-USD
tradeXYZ xyz:ORCL
KuCoin ORCLUSDTM
ApeX Omni ORACLEUSDT
Variational Omni ORCL
OKX ORCL-USDT-SWAP
Binance ORCLUSDT
Extended ORCL_24_5-USD
Gate ORCL_USDT
Bybit ORCLUSDT
BloFin ORCL-USDT
Phoenix ORCL