Funding you earn now, next payment 06:00 UTC−0.0026%/8h= −2.9% APRnext payment −$0.03 per $10,000 · paid last 24h −0.008%
Price spread now: Lighter RH against QFEX−0.047%7-day average −0.039% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$20as in the Price arb table
costs, in and out, $10k−$190.187% of the position
Funding, last 4 days (all we have)0.000%$0 on $10k
+Price spread, last 4 days (all we have)−0.081%−$8 · spread now −0.047%, 7d avg −0.039%
=Together, before fees−0.082%+ Points / potential airdropLighter RH: Points live · farm board−$8 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.039%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX ORCL-USD | 149.63 | 0.0058 | pay 0.0007% / 1h | 50m 12s | $1.1M | $2.1M | 10x |
| Short | Lighter RH ORCL | 149.56 | 0.0032 | get 0.0004% / 1h | 50m 12s | $624K | $317K | 10x |
QFEX ORCL-USD
Lighter RH ORCLFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against QFEX. 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
- −$5.49
- Price spread: −0.047% → −0.039%
- −$0.8
- Slippage, 4 orders
- −$8.74
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$25.03
- Costs to cover
- 0.187%
- Break-even
- never at this rate
Slippage from QFEX: live order book, 2 min ago; Lighter RH: live order book, 62 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 QFEX live order book, 2 min ago | 1.67 bp | 6.7 bp −$7 | 9.8 bp −$98 | doesn't fit | doesn't fit |
| Sell Lighter RH live order book, 62 min ago | 1.34 bp | 3.1 bp −$3 | 10.7 bp −$107 | 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 | −0.0874% | 4h | 149.70 | +0.044% | $28K | $214K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.62 | −0.005% | $94K | $16K | 20x | as long as short |
| Bitget ORCLUSDT | 0.0000% | 8h | 149.71 | +0.053% | $7.7M | $3.8M | 20x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.83 | +0.134% | $3K | $2.7M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.82 | +0.127% | $52K | $24K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.60 | −0.020% | $474K | $51K | 10x | as long as short |
| Lighter RH ORCLshort | +0.0032% | 1h | 149.56 | −0.047% | $624K | $317K | 10x | |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.381% | $20K | $12K | 12x | as long as short |
| Arcus ORCL-USD | +0.0040% | 1h | 149.60 | −0.020% | $87K | $79K | 10x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.66 | +0.020% | — | $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 | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:ORCL | +0.0050% | 1h | 149.44 | −0.127% | $21.6M | $6.9M | 10x | as long as short |
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 149.52 | −0.074% | $131K | $91K | 10x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 149.57 | −0.040% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 149.54 | −0.060% | $711K | $790K | 10x | as long as short |
| QFEX ORCL-USDlong | +0.0058% | 1h | 149.63 | long leg | $1.1M | $2.1M | 10x | |
| Nado ORCL-PERP | +0.0074% | 1h | 149.44 | −0.127% | $88K | $22K | 10x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 149.75 | +0.080% | $22K | $263K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.54 | −0.060% | $190 | — | 10x | as long as short |
| GRVT ORCL_USDT_Perp | +0.0184% | 8h | 149.71 | +0.053% | $1K | $175K | 10x | as long as short |
| Variational Omni ORCL | +0.0225% | 8h | 149.69 | +0.039% | $1.3M | $363K | — | as long as short |
| Binance ORCLUSDT | +0.0304% | 8h | 149.57 | −0.040% | $25.1M | $35.6M | 20x | as long as short |
| Extended ORCL_24_5-USD | +0.0304% | 1h | 149.52 | −0.074% | $388K | $1.6M | 10x | as long as short |
| KuCoin ORCLUSDTM | +0.0315% | 8h | 149.70 | +0.047% | $261K | $278K | 20x | as long as short |
| Gate ORCL_USDT | +0.0324% | 8h | 149.68 | +0.033% | $2.3M | $3.0M | 25x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0341% | 8h | 149.59 | −0.027% | $5.0M | $5.9M | 20x | as long as short |
| Phoenix ORCL | +0.0428% | 1h | 149.67 | +0.027% | $153K | $75K | 10x | as long as short |
| Bybit ORCLUSDT | +0.0665% | 8h | 149.64 | +0.007% | $4.1M | $1.8M | 50x | as long as short |
| BloFin ORCL-USDT | +0.0667% | 8h | 149.80 | +0.114% | $47K | $43K | 20x | as long as short |
tradeXYZ xyz:ORCL
Polymarket Perps ORCL-USD
SoDEX ORCL-USD
Ondo Perps ORCL-USD.P
Nado ORCL-PERP
ApeX Omni ORACLEUSDT
Orderly PERP_ORCL_USDC_mythos
GRVT ORCL_USDT_Perp
Variational Omni ORCL
Binance ORCLUSDT
Extended ORCL_24_5-USD
KuCoin ORCLUSDTM
Gate ORCL_USDT
OKX ORCL-USDT-SWAP
Phoenix ORCL
Bybit ORCLUSDT
BloFin ORCL-USDT