Funding you earn now, next payment 01:00 UTC−0.0018%/8h= −2.0% APRnext payment −$0.02 per $10,000 · paid last 24h −0.005%
Price spread now: Lighter against SoDEX+0.127%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 airdropLighter: Season 3 · farm boardneeds both histories
The price spread pays, funding is against you. Lighter is 0.127% dearer against SoDEX than usual: you sell high and buy low (spread +0.127% now, against zero (this spread has no 7-day history yet)): +$13 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 24 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SoDEX ORCL-USD | 149.36 | 0.0050 | pay 0.0006% / 1h | 49m 51s | $30K | $3K | 10x |
| Short | Lighter ORCL | 149.55 | 0.0032 | get 0.0004% / 1h | 49m 51s | $474K | $50K | 10x |
SoDEX ORCL-USD
Lighter ORCLFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against SoDEX. 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
- −$3.78
- Price spread: +0.127% → 0.000%
- $12.72
- Slippage, 4 orders
- no order book: not counted
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $0.94
- Costs to cover
- 0.080%
- Break-even
- from the start
Slippage unknown: SoDEX: no order-book sample; Lighter: live order book, 15 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 SoDEX no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 15 min ago | 4.01 bp | 16.7 bp −$17 | 23.4 bp −$234 | doesn't fit | doesn't fit |
SoDEX: 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 | −0.0886% | 4h | 149.38 | +0.012% | $28K | $214K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.45 | +0.064% | $94K | $16K | 20x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.58 | +0.147% | $3K | $2.8M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.41 | +0.033% | $52K | $22K | 20x | as long as short |
| Lighter ORCLshort | +0.0032% | 1h | 149.55 | +0.127% | $474K | $50K | 10x | |
| Lighter RH ORCL | +0.0032% | 1h | 149.37 | +0.007% | $621K | $323K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.201% | $20K | $12K | 12x | as long as short |
| Nado ORCL-PERP | +0.0043% | 1h | 149.23 | −0.089% | $92K | $18K | 10x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.35 | −0.007% | — | $127K | 25x | as long as short |
| SoDEX ORCL-USDlong | +0.0050% | 1h | 149.36 | long leg | $30K | $3K | 10x |
edgeX ORCLUSDC
Aster ORCLUSDT
SunX ORCL-USDT
HTX ORCL-USDT
Lighter RH ORCL
Injective ORCL/USDC PERP
Nado ORCL-PERP
Vest ORCL-USD-PERPShow 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 | 149.24 | −0.080% | $702K | $704K | 10x | as long as short |
| QFEX ORCL-USD | +0.0075% | 1h | 149.31 | −0.033% | $1.1M | $2.9M | 10x | as long as short |
| Gate ORCL_USDT | +0.0075% | 8h | 149.45 | +0.060% | $2.3M | $2.9M | 25x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 149.35 | −0.007% | $22K | $266K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.36 | 0.000% | $190 | — | 10x | as long as short |
| Polymarket Perps ORCL-USD | +0.0123% | 1h | 149.26 | −0.067% | $131K | $93K | 10x | as long as short |
| Variational Omni ORCL | +0.0143% | 8h | 149.30 | −0.039% | $1.3M | $363K | — | as long as short |
| GRVT ORCL_USDT_Perp | +0.0190% | 8h | 149.36 | +0.002% | $1K | $192K | 10x | as long as short |
| Extended ORCL_24_5-USD | +0.0192% | 1h | 149.39 | +0.022% | $387K | $1.5M | 10x | as long as short |
| Binance ORCLUSDT | +0.0194% | 8h | 149.43 | +0.044% | $25.1M | $35.1M | 20x | as long as short |
| tradeXYZ xyz:ORCL | +0.0237% | 1h | 149.31 | −0.033% | $21.5M | $7.0M | 10x | as long as short |
| KuCoin ORCLUSDTM | +0.0282% | 8h | 149.47 | +0.074% | $260K | $250K | 20x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0317% | 8h | 149.44 | +0.054% | $4.8M | $5.5M | 20x | as long as short |
| Bitget ORCLUSDT | +0.0399% | 8h | 149.45 | +0.060% | $7.6M | $4.1M | 20x | as long as short |
| Arcus ORCL-USD | +0.0467% | 1h | 149.25 | −0.074% | $86K | $80K | 10x | as long as short |
| Bybit ORCLUSDT | +0.0587% | 8h | 149.46 | +0.067% | $3.5M | $1.4M | 50x | as long as short |
| BloFin ORCL-USDT | +0.0660% | 8h | 149.41 | +0.033% | $47K | $51K | 20x | as long as short |
| Phoenix ORCL | +0.0697% | 1h | 149.31 | −0.033% | $150K | $84K | 10x | as long as short |
Ondo Perps ORCL-USD.P
QFEX ORCL-USD
Gate ORCL_USDT
ApeX Omni ORACLEUSDT
Orderly PERP_ORCL_USDC_mythos
Polymarket Perps ORCL-USD
Variational Omni ORCL
GRVT ORCL_USDT_Perp
Extended ORCL_24_5-USD
Binance ORCLUSDT
tradeXYZ xyz:ORCL
KuCoin ORCLUSDTM
OKX ORCL-USDT-SWAP
Bitget ORCLUSDT
Arcus ORCL-USD
Bybit ORCLUSDT
BloFin ORCL-USDT
Phoenix ORCL