Funding you earn now, next payment 01:00 UTC−0.0068%/8h= −7.4% APRnext payment −$0.09 per $10,000 · paid last 24h −0.020%
Price spread now: Lighter against ApeX Omni−0.047%78s7-day average +0.053% · you buy dearer than you sell
Net, funding: paid 7d − costs−$76as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$710.712% of the position
Funding, last 7 days−0.045%−$4 on $10k
+Price spread, last 3 days (all we have)+0.014%+$1 · spread now −0.047%, 7d avg +0.053%
=Together, before fees−0.031%+ Points / potential airdropLighter: Season 3 · farm board−$3 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Lighter is 0.099% cheaper against ApeX Omni than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of +0.053%). Swap the legs. The two prices were read 78 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni ORACLEUSDT | 149.61 | 0.0100 | pay 0.0013% / 1h | 45m 47s | $22K | $266K | 50x |
| Short | Lighter ORCL | 149.54 | 0.0032 | get 0.0004% / 1h | 45m 47s | $474K | $50K | 10x |
ApeX Omni ORACLEUSDT
Lighter ORCLFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against ApeX 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
- −$14.28
- Price spread: −0.047% → +0.053%
- −$9.95
- Slippage, 4 orders
- −$61.18
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$95.4
- Costs to cover
- 0.712%
- Break-even
- never at this rate
Slippage from ApeX Omni: live order book, 26 min ago; Lighter: live order book, 19 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 ApeX Omni live order book, 26 min ago | 6.36 bp | 18.7 bp −$19 | 186.4 bp −$1,864 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 19 min ago | 4.01 bp | 16.7 bp −$17 | 23.4 bp −$234 | 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 | −0.0694% | 4h | 149.52 | −0.058% | $28K | $214K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.51 | −0.065% | $94K | $16K | 20x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.68 | +0.047% | $3K | $2.8M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.68 | +0.047% | $52K | $22K | 20x | as long as short |
| Lighter ORCLshort | +0.0032% | 1h | 149.54 | −0.047% | $474K | $50K | 10x | |
| Lighter RH ORCL | +0.0032% | 1h | 149.45 | −0.107% | $622K | $323K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.368% | $20K | $12K | 12x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.49 | −0.080% | — | $127K | 25x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 149.47 | −0.094% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 149.39 | −0.147% | $703K | $700K | 10x | as long as short |
edgeX ORCLUSDC
Aster ORCLUSDT
SunX ORCL-USDT
HTX ORCL-USDT
Lighter RH ORCL
Injective ORCL/USDC PERP
Vest ORCL-USD-PERP
SoDEX ORCL-USD
Ondo Perps ORCL-USD.PShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Nado ORCL-PERP | +0.0058% | 1h | 149.38 | −0.153% | $92K | $18K | 10x | as long as short |
| QFEX ORCL-USD | +0.0075% | 1h | 149.48 | −0.087% | $1.1M | $2.8M | 10x | as long as short |
| Polymarket Perps ORCL-USD | +0.0089% | 1h | 149.42 | −0.127% | $131K | $91K | 10x | as long as short |
| ApeX Omni ORACLEUSDTlong | +0.0100% | 1h | 149.61 | long leg | $22K | $266K | 50x | |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.51 | −0.067% | $190 | — | 10x | as long as short |
| Variational Omni ORCL | +0.0151% | 8h | 149.51 | −0.069% | $1.3M | $363K | — | as long as short |
| tradeXYZ xyz:ORCL | +0.0190% | 1h | 149.33 | −0.187% | $21.5M | $7.0M | 10x | as long as short |
| Gate ORCL_USDT | +0.0193% | 8h | 149.52 | −0.060% | $2.3M | $2.9M | 25x | as long as short |
| Extended ORCL_24_5-USD | +0.0200% | 1h | 149.45 | −0.107% | $386K | $1.7M | 10x | as long as short |
| Binance ORCLUSDT | +0.0201% | 8h | 149.48 | −0.090% | $25.1M | $35.1M | 20x | as long as short |
| GRVT ORCL_USDT_Perp | +0.0261% | 8h | 149.57 | −0.024% | $1K | $192K | 10x | as long as short |
| KuCoin ORCLUSDTM | +0.0295% | 8h | 149.59 | −0.013% | $260K | $252K | 20x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0323% | 8h | 149.46 | −0.100% | $4.8M | $5.5M | 20x | as long as short |
| Bitget ORCLUSDT | +0.0416% | 8h | 149.54 | −0.047% | $7.6M | $4.1M | 20x | as long as short |
| Arcus ORCL-USD | +0.0467% | 1h | 149.44 | −0.114% | $87K | $80K | 10x | as long as short |
| BloFin ORCL-USDT | +0.0600% | 8h | 149.75 | +0.094% | $47K | $51K | 20x | as long as short |
| Bybit ORCLUSDT | +0.0626% | 8h | 149.52 | −0.060% | $3.5M | $1.4M | 50x | as long as short |
| Phoenix ORCL | +0.0697% | 1h | 149.53 | −0.053% | $151K | $84K | 10x | as long as short |
Nado ORCL-PERP
QFEX ORCL-USD
Polymarket Perps ORCL-USD
Orderly PERP_ORCL_USDC_mythos
Variational Omni ORCL
tradeXYZ xyz:ORCL
Gate ORCL_USDT
Extended ORCL_24_5-USD
Binance ORCLUSDT
GRVT ORCL_USDT_Perp
KuCoin ORCLUSDTM
OKX ORCL-USDT-SWAP
Bitget ORCLUSDT
Arcus ORCL-USD
BloFin ORCL-USDT
Bybit ORCLUSDT
Phoenix ORCL