Funding you earn now, next payment 22:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h −0.012%
Price spread now: Lighter RH against Variational Omni+0.015%7-day average −0.074% · 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)0.000%$0 on $10k
+Price spread, last 4 days (all we have)−0.157%−$16 · spread now +0.015%, 7d avg −0.074%
=Together, before fees−0.158%+ Points / potential airdropVariational Omni: Active · Lighter RH: Points live · farm board−$16 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Lighter RH is 0.088% dearer against Variational Omni than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of −0.074%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni ORCL | 148.89 | 0 | get 0.0000% / 8h | 2h 03m | $1.3M | $221K | — |
| Short | Lighter RH ORCL | 148.91 | 0.0032 | get 0.0004% / 1h | 3m 52s | $623K | $465K | 10x |
Variational Omni ORCL
Lighter RH ORCLFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH 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
- $6.72
- Price spread: +0.015% → −0.074%
- $8.82
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- $15.54
- Costs to cover
- 0.000%
- Break-even
- from the start
Slippage unknown: Variational Omni: RFQ quote, just now; Lighter RH: live order book, 18 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 | 3.06 bp | doesn't fit | 34.6 bp −$346 | doesn't fit | doesn't fit |
| Sell Lighter RH live order book, 18 min ago | 2.02 bp | 3.6 bp −$4 | 8.8 bp −$88 | 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 | −0.0520% | 4h | 148.87 | −0.014% | $28K | $213K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 148.90 | +0.006% | $93K | $16K | 20x | as long as short |
| Extended ORCL_24_5-USD | 0.0000% | 1h | 148.87 | −0.015% | $386K | $1.4M | 10x | as long as short |
| Binance ORCLUSDT | 0.0000% | 8h | 148.89 | −0.002% | $24.8M | $35.9M | 20x | as long as short |
| Gate ORCL_USDT | 0.0000% | 8h | 148.88 | −0.006% | $2.2M | $3.1M | 25x | as long as short |
| Variational Omni ORCLlong | 0.0000% | 8h | 148.89 | long leg | $1.3M | $221K | — | |
| GRVT ORCL_USDT_Perp | 0.0000% | 8h | 148.86 | −0.019% | $2K | $204K | 10x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.11 | +0.149% | $3K | $2.9M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 148.99 | +0.068% | $52K | $22K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 148.96 | +0.048% | $472K | $53K | 10x | as long as short |
edgeX ORCLUSDC
Aster ORCLUSDT
Extended ORCL_24_5-USD
Binance ORCLUSDT
Gate ORCL_USDT
GRVT ORCL_USDT_Perp
SunX ORCL-USDT
HTX ORCL-USDT
Lighter ORCLShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH ORCLshort | +0.0032% | 1h | 148.91 | +0.015% | $623K | $465K | 10x | |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | +0.115% | $20K | $14K | 12x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 148.88 | −0.006% | — | $127K | 25x | as long as short |
| tradeXYZ xyz:ORCL | +0.0050% | 1h | 148.78 | −0.073% | $21.5M | $8.6M | 10x | as long as short |
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 148.78 | −0.073% | $130K | $122K | 10x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 148.88 | −0.006% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 148.70 | −0.126% | $737K | $611K | 10x | as long as short |
| QFEX ORCL-USD | +0.0053% | 1h | 148.86 | −0.019% | $1.1M | $2.8M | 10x | as long as short |
| KuCoin ORCLUSDTM | +0.0100% | 8h | 148.96 | +0.048% | $258K | $205K | 20x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 148.77 | −0.079% | $22K | $269K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 148.88 | −0.006% | $189 | — | 10x | as long as short |
| Nado ORCL-PERP | +0.0128% | 1h | 148.76 | −0.086% | $92K | $18K | 10x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0201% | 8h | 148.87 | −0.012% | $4.7M | $5.7M | 20x | as long as short |
| Arcus ORCL-USD | +0.0251% | 1h | 148.83 | −0.039% | $78K | $80K | 10x | as long as short |
| Bitget ORCLUSDT | +0.0305% | 8h | 148.89 | +0.001% | $7.4M | $4.7M | 20x | as long as short |
| Phoenix ORCL | +0.0431% | 1h | 148.79 | −0.066% | $149K | $100K | 10x | as long as short |
| Bybit ORCLUSDT | +0.0477% | 8h | 148.88 | −0.006% | $3.5M | $1.6M | 50x | as long as short |
| BloFin ORCL-USDT | +0.0505% | 8h | 148.94 | +0.035% | $47K | $51K | 20x | as long as short |
Injective ORCL/USDC PERP
Vest ORCL-USD-PERP
tradeXYZ xyz:ORCL
Polymarket Perps ORCL-USD
SoDEX ORCL-USD
Ondo Perps ORCL-USD.P
QFEX ORCL-USD
KuCoin ORCLUSDTM
ApeX Omni ORACLEUSDT
Orderly PERP_ORCL_USDC_mythos
Nado ORCL-PERP
OKX ORCL-USDT-SWAP
Arcus ORCL-USD
Bitget ORCLUSDT
Phoenix ORCL
Bybit ORCLUSDT
BloFin ORCL-USDT