Funding you earn now, next payment 04:00 UTC−0.0022%/8h= −2.4% APRpaid last 24h −0.102%
Price spread now: Lighter against Bitget−0.040%7-day average −0.018% · you buy dearer than you sell
Net, funding: paid 7d − costs−$72as in the Funding arb table
Net, price: spread back to 7d avg − costs−$71as in the Price arb table
costs, in and out, $10k−$690.688% of the position
Funding, last 7 days−0.032%−$3 on $10k
+Price spread, last 4 days (all we have)−0.097%−$10 · spread now −0.040%, 7d avg −0.018%
=Together, before fees−0.130%+ Points / potential airdropLighter: Season 3 · farm board−$13 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Lighter is 0.022% cheaper against Bitget than usual: you would sell low and buy high (−$2 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 | Bitget ORCLUSDT | 149.89 | 0.0054 | pay 0.0054% / 8h | 4h 12m | $7.7M | $3.9M | 20x |
| Short | Lighter ORCL | 149.83 | 0.0032 | get 0.0004% / 1h | 12m 17s | $475K | $51K | 10x |
Bitget ORCLUSDT
Lighter ORCLFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Bitget. 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
- −$4.62
- Price spread: −0.040% → −0.018%
- −$2.17
- Slippage, 4 orders
- −$56.8
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$75.58
- Costs to cover
- 0.688%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 1 min ago; Lighter: live order book, 38 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 Bitget live order book, 1 min ago | 2.34 bp | 13.8 bp −$14 | 24.6 bp −$246 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 38 min ago | 5.34 bp | 22.8 bp −$23 | 24.0 bp −$240 | 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 | −0.0164% | 4h | 149.81 | −0.054% | $28K | $215K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.66 | −0.151% | $94K | $16K | 20x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 150.03 | +0.093% | $3K | $2.7M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.88 | −0.007% | $52K | $24K | 20x | as long as short |
| Lighter ORCLshort | +0.0032% | 1h | 149.83 | −0.040% | $475K | $51K | 10x | |
| Lighter RH ORCL | +0.0032% | 1h | 149.79 | −0.067% | $625K | $313K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.554% | $20K | $12K | 12x | as long as short |
| Arcus ORCL-USD | +0.0040% | 1h | 149.73 | −0.107% | $87K | $79K | 10x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.85 | −0.027% | — | $67K | 25x | as long as short |
| tradeXYZ xyz:ORCL | +0.0050% | 1h | 149.67 | −0.147% | $21.7M | $6.8M | 10x | as long as short |
edgeX ORCLUSDC
Aster ORCLUSDT
SunX ORCL-USDT
HTX ORCL-USDT
Lighter RH ORCL
Injective ORCL/USDC PERP
Arcus ORCL-USD
Vest ORCL-USD-PERP
tradeXYZ xyz:ORCLShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 149.74 | −0.100% | $131K | $90K | 10x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 149.77 | −0.080% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 149.53 | −0.240% | $708K | $716K | 10x | as long as short |
| Bitget ORCLUSDTlong | +0.0054% | 8h | 149.89 | long leg | $7.7M | $3.9M | 20x | |
| Nado ORCL-PERP | +0.0059% | 1h | 149.66 | −0.151% | $91K | $20K | 10x | as long as short |
| QFEX ORCL-USD | +0.0080% | 1h | 149.76 | −0.087% | $1.1M | $2.2M | 10x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 149.82 | −0.047% | $22K | $263K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.77 | −0.080% | $191 | — | 10x | as long as short |
| Variational Omni ORCL | +0.0249% | 8h | 149.84 | −0.034% | $1.3M | $363K | — | as long as short |
| GRVT ORCL_USDT_Perp | +0.0256% | 8h | 149.83 | −0.039% | $2K | $177K | 10x | as long as short |
| Gate ORCL_USDT | +0.0272% | 8h | 149.87 | −0.013% | $2.3M | $3.0M | 25x | as long as short |
| Binance ORCLUSDT | +0.0325% | 8h | 149.81 | −0.053% | $25.2M | $35.4M | 20x | as long as short |
| Extended ORCL_24_5-USD | +0.0328% | 1h | 149.77 | −0.081% | $388K | $1.3M | 10x | as long as short |
| KuCoin ORCLUSDTM | +0.0373% | 8h | 149.87 | −0.013% | $262K | $276K | 20x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0396% | 8h | 149.82 | −0.047% | $5.0M | $5.7M | 20x | as long as short |
| Phoenix ORCL | +0.0481% | 1h | 149.71 | −0.120% | $153K | $75K | 10x | as long as short |
| BloFin ORCL-USDT | +0.0723% | 8h | 149.91 | +0.013% | $47K | $43K | 20x | as long as short |
| Bybit ORCLUSDT | +0.0747% | 8h | 149.87 | −0.013% | $4.1M | $1.8M | 50x | as long as short |
Polymarket Perps ORCL-USD
SoDEX ORCL-USD
Ondo Perps ORCL-USD.P
Nado ORCL-PERP
QFEX ORCL-USD
ApeX Omni ORACLEUSDT
Orderly PERP_ORCL_USDC_mythos
Variational Omni ORCL
GRVT ORCL_USDT_Perp
Gate ORCL_USDT
Binance ORCLUSDT
Extended ORCL_24_5-USD
KuCoin ORCLUSDTM
OKX ORCL-USDT-SWAP
Phoenix ORCL
BloFin ORCL-USDT
Bybit ORCLUSDT