Funding you earn now, next payment 09:00 UTC−0.0026%/8h= −2.8% APRnext payment −$0.03 per $10,000 · paid last 24h −0.009%
Price spread now: Lighter RH against tradeXYZ+0.081%7-day average +0.050% · you sell dearer than you buy
Net, funding: paid 7d − costs−$35as in the Funding arb table
Net, price: spread back to 7d avg − costs−$28as in the Price arb table
costs, in and out, $10k−$310.307% of the position
Funding, last 7 days−0.048%−$5 on $10k
+Price spread, last 4 days (all we have)−0.074%−$7 · spread now +0.081%, 7d avg +0.050%
=Together, before fees−0.122%+ Points / potential airdroptradeXYZ: Active · Lighter RH: Points live · farm board−$12 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Lighter RH is 0.031% dearer against tradeXYZ than usual: you sell high and buy low (spread +0.081% now, against its 7-day average of +0.050%): +$3 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 4.0 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:ORCL | 148.65 | 0.0058 | pay 0.0007% / 1h | 35m 10s | $21.7M | $6.9M | 10x |
| Short | Lighter RH ORCL | 148.77 | 0.0032 | get 0.0004% / 1h | 35m 10s | $603K | $315K | 10x |
tradeXYZ xyz:ORCL
Lighter RH ORCLFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against tradeXYZ. 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
- −$5.39
- Price spread: +0.081% → +0.050%
- $3.08
- Slippage, 4 orders
- −$12.7
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$33.01
- Costs to cover
- 0.307%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 3 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 tradeXYZ live order book, 3 min ago | 0.34 bp | 11.1 bp −$11 | 15.2 bp −$152 | doesn't fit | doesn't fit |
| Sell Lighter RH live order book, 62 min ago | 2.35 bp | 3.5 bp −$4 | 9.0 bp −$90 | 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 | −0.0151% | 4h | 148.85 | +0.133% | $28K | $214K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 148.86 | +0.141% | $97K | $20K | 20x | as long as short |
| Bitget ORCLUSDT | 0.0000% | 8h | 148.82 | +0.114% | $7.7M | $2.6M | 20x | as long as short |
| GRVT ORCL_USDT_Perp | 0.0000% | 8h | 148.80 | +0.100% | $1K | $149K | 10x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.03 | +0.256% | $2K | $2.6M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 148.92 | +0.182% | $52K | $25K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 148.80 | +0.101% | $475K | $59K | 10x | as long as short |
| Lighter RH ORCLshort | +0.0032% | 1h | 148.77 | +0.081% | $603K | $315K | 10x | |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | +0.276% | $20K | $9K | 12x | as long as short |
| Arcus ORCL-USD | +0.0040% | 1h | 148.68 | +0.020% | $86K | $79K | 10x | as long as short |
edgeX ORCLUSDC
Aster ORCLUSDT
Bitget ORCLUSDT
GRVT ORCL_USDT_Perp
SunX ORCL-USDT
HTX ORCL-USDT
Lighter ORCL
Injective ORCL/USDC PERP
Arcus ORCL-USDShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest ORCL-USD-PERP | +0.0046% | 1h | 148.73 | +0.054% | — | $67K | 25x | as long as short |
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 148.58 | −0.047% | $130K | $80K | 10x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 148.78 | +0.087% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 148.57 | −0.054% | $708K | $850K | 10x | as long as short |
| Nado ORCL-PERP | +0.0053% | 1h | 148.64 | −0.006% | $88K | $22K | 10x | as long as short |
| tradeXYZ xyz:ORCLlong | +0.0058% | 1h | 148.65 | long leg | $21.7M | $6.9M | 10x | |
| QFEX ORCL-USD | +0.0065% | 1h | 148.73 | +0.054% | $1.1M | $1.9M | 10x | as long as short |
| KuCoin ORCLUSDTM | +0.0100% | 8h | 148.86 | +0.141% | $241K | $312K | 20x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 148.70 | +0.034% | $22K | $263K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 148.79 | +0.094% | $189 | — | 10x | as long as short |
| Variational Omni ORCL | +0.0152% | 8h | 148.78 | +0.088% | $1.2M | $428K | — | as long as short |
| OKX ORCL-USDT-SWAP | +0.0206% | 8h | 148.77 | +0.081% | $4.9M | $5.9M | 20x | as long as short |
| Gate ORCL_USDT | +0.0214% | 8h | 148.88 | +0.155% | $2.3M | $2.9M | 25x | as long as short |
| Extended ORCL_24_5-USD | +0.0240% | 1h | 148.76 | +0.076% | $390K | $2.1M | 10x | as long as short |
| Binance ORCLUSDT | +0.0240% | 8h | 148.78 | +0.087% | $25.1M | $36.3M | 20x | as long as short |
| BloFin ORCL-USDT | +0.0532% | 8h | 148.74 | +0.061% | $48K | $44K | 20x | as long as short |
| Phoenix ORCL | +0.0537% | 1h | 148.76 | +0.074% | $152K | $73K | 10x | as long as short |
| Bybit ORCLUSDT | +0.0544% | 8h | 148.79 | +0.094% | $4.1M | $1.9M | 50x | as long as short |
Vest ORCL-USD-PERP
Polymarket Perps ORCL-USD
SoDEX ORCL-USD
Ondo Perps ORCL-USD.P
Nado ORCL-PERP
QFEX ORCL-USD
KuCoin ORCLUSDTM
ApeX Omni ORACLEUSDT
Orderly PERP_ORCL_USDC_mythos
Variational Omni ORCL
OKX ORCL-USDT-SWAP
Gate ORCL_USDT
Extended ORCL_24_5-USD
Binance ORCLUSDT
BloFin ORCL-USDT
Phoenix ORCL
Bybit ORCLUSDT