Funding you earn now, next payment 08:00 UTC−0.0137%/8h= −15.0% APRpaid last 24h −0.028%
Price spread now: Lighter against Variational Omni−0.017%7-day average +0.018% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.006%−$1 on $10k
+Price spread, last 4 days (all we have)−0.280%−$28 · spread now −0.017%, 7d avg +0.018%
=Together, before fees−0.286%+ Points / potential airdropVariational Omni: Active · Lighter: Season 3 · farm board−$29 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Lighter is 0.035% cheaper against Variational Omni than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.018%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni ORCL | 149.27 | 0.0169 | pay 0.0169% / 8h | 38m 43s | $1.2M | $424K | — |
| Short | Lighter ORCL | 149.24 | 0.0032 | get 0.0004% / 1h | 38m 43s | $477K | $59K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Variational Omni. 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
- −$28.75
- Price spread: −0.017% → +0.018%
- −$3.51
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$32.26
- Costs to cover
- 0.000%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, just now; Lighter: live order book, 56 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 Variational Omni RFQ quote, just now | 3.75 bp | doesn't fit | 32.8 bp −$328 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 56 min ago | 4.35 bp | 20.0 bp −$20 | 25.9 bp −$259 | 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 | −0.0643% | 4h | 149.27 | +0.001% | $28K | $213K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.57 | +0.201% | $98K | $20K | 20x | as long as short |
| Bitget ORCLUSDT | 0.0000% | 8h | 149.33 | +0.043% | $7.7M | $2.7M | 20x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.42 | +0.103% | $2K | $2.7M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.33 | +0.043% | $52K | $25K | 20x | as long as short |
| Lighter ORCLshort | +0.0032% | 1h | 149.24 | −0.017% | $477K | $59K | 10x | |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.138% | $20K | $9K | 12x | as long as short |
| Lighter RH ORCL | +0.0040% | 1h | 149.21 | −0.037% | $622K | $316K | 10x | as long as short |
| Arcus ORCL-USD | +0.0040% | 1h | 149.13 | −0.091% | $86K | $79K | 10x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.22 | −0.031% | — | $67K | 25x | as long as short |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:ORCL | +0.0050% | 1h | 149.07 | −0.131% | $21.6M | $6.9M | 10x | as long as short |
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 149.14 | −0.084% | $131K | $82K | 10x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 149.19 | −0.051% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 149.10 | −0.111% | $698K | $855K | 10x | as long as short |
| QFEX ORCL-USD | +0.0057% | 1h | 149.21 | −0.037% | $1.1M | $2.0M | 10x | as long as short |
| Nado ORCL-PERP | +0.0073% | 1h | 149.10 | −0.114% | $88K | $22K | 10x | as long as short |
| KuCoin ORCLUSDTM | +0.0100% | 8h | 149.26 | −0.004% | $240K | $273K | 20x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 149.31 | +0.030% | $22K | $264K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.18 | −0.058% | $190 | — | 10x | as long as short |
| Variational Omni ORCLlong | +0.0169% | 8h | 149.27 | long leg | $1.2M | $424K | — | |
| GRVT ORCL_USDT_Perp | +0.0187% | 8h | 149.28 | +0.008% | $1K | $159K | 10x | as long as short |
| Gate ORCL_USDT | +0.0206% | 8h | 149.32 | +0.036% | $2.3M | $3.0M | 25x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0242% | 8h | 149.16 | −0.071% | $4.9M | $6.0M | 20x | as long as short |
| Binance ORCLUSDT | +0.0264% | 8h | 149.19 | −0.049% | $24.9M | $36.4M | 20x | as long as short |
| Extended ORCL_24_5-USD | +0.0264% | 1h | 149.16 | −0.074% | $388K | $2.1M | 10x | as long as short |
| Phoenix ORCL | +0.0483% | 1h | 149.17 | −0.064% | $152K | $72K | 10x | as long as short |
| Bybit ORCLUSDT | +0.0569% | 8h | 149.21 | −0.037% | $4.2M | $1.9M | 50x | as long as short |
| BloFin ORCL-USDT | +0.0570% | 8h | 149.20 | −0.044% | $47K | $44K | 20x | as long as short |
Variational Omni ORCL
Lighter ORCL
edgeX ORCLUSDC
Aster ORCLUSDT
Bitget ORCLUSDT
SunX ORCL-USDT
HTX ORCL-USDT
Injective ORCL/USDC PERP
Lighter RH ORCL
tradeXYZ xyz:ORCL
Polymarket Perps ORCL-USD
SoDEX ORCL-USD
KuCoin ORCLUSDTM
ApeX Omni ORACLEUSDT
GRVT ORCL_USDT_Perp
Gate ORCL_USDT
OKX ORCL-USDT-SWAP
Binance ORCLUSDT
Extended ORCL_24_5-USD
Phoenix ORCL
Bybit ORCLUSDT
BloFin ORCL-USDT