Funding you earn now, next payment 05:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h −0.101%
Price spread now: Lighter RH against Bitget−0.053%7-day average −0.102% · you buy dearer than you sell
Net, funding: paid 7d − costs−$46as in the Funding arb table
Net, price: spread back to 7d avg − costs−$28as in the Price arb table
costs, in and out, $10k−$330.330% of the position
Funding, last 7 days−0.132%−$13 on $10k
+Price spread, last 4 days (all we have)−0.146%−$15 · spread now −0.053%, 7d avg −0.102%
=Together, before fees−0.278%+ Points / potential airdropLighter RH: Points live · farm board−$28 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 0.049% dearer against Bitget than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.102%. Mind the row above: over the last 7 days funding on this pair cost −0.132%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget ORCLUSDT | 149.79 | 0 | get 0.0000% / 8h | 3h 43m | $7.7M | $3.8M | 20x |
| Short | Lighter RH ORCL | 149.71 | 0.0032 | get 0.0004% / 1h | 43m 23s | $624K | $315K | 10x |
Bitget ORCLUSDT
Lighter RH ORCLFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH 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
- $6.72
- Price spread: −0.053% → −0.102%
- $4.89
- Slippage, 4 orders
- −$21
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$21.39
- Costs to cover
- 0.330%
- Break-even
- 29.3 days
Slippage from Bitget: live order book, 5 min ago; Lighter RH: live order book, 9 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, 5 min ago | 1.34 bp | 14.4 bp −$14 | 22.0 bp −$220 | doesn't fit | doesn't fit |
| Sell Lighter RH live order book, 9 min ago | 1.34 bp | 3.1 bp −$3 | 10.7 bp −$107 | 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 | −0.0228% | 4h | 149.68 | −0.072% | $28K | $214K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.58 | −0.140% | $94K | $16K | 20x | as long as short |
| Bitget ORCLUSDTlong | 0.0000% | 8h | 149.79 | long leg | $7.7M | $3.8M | 20x | |
| SunX ORCL-USDT | 0.0000% | 8h | 149.92 | +0.087% | $3K | $2.7M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.77 | −0.013% | $52K | $24K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.73 | −0.040% | $474K | $51K | 10x | as long as short |
| Lighter RH ORCLshort | +0.0032% | 1h | 149.71 | −0.053% | $624K | $315K | 10x | |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.487% | $20K | $12K | 12x | as long as short |
| Nado ORCL-PERP | +0.0039% | 1h | 149.58 | −0.143% | $91K | $20K | 10x | as long as short |
| Arcus ORCL-USD | +0.0040% | 1h | 149.58 | −0.140% | $87K | $79K | 10x | as long as short |
edgeX ORCLUSDC
Aster ORCLUSDT
SunX ORCL-USDT
HTX ORCL-USDT
Lighter ORCL
Injective ORCL/USDC PERP
Nado ORCL-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 | 149.69 | −0.067% | — | $67K | 25x | as long as short |
| tradeXYZ xyz:ORCL | +0.0050% | 1h | 149.56 | −0.154% | $21.6M | $6.8M | 10x | as long as short |
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 149.66 | −0.087% | $131K | $90K | 10x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 149.68 | −0.073% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 149.52 | −0.180% | $703K | $723K | 10x | as long as short |
| QFEX ORCL-USD | +0.0067% | 1h | 149.65 | −0.093% | $1.1M | $2.1M | 10x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 149.66 | −0.087% | $22K | $262K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.69 | −0.067% | $190 | — | 10x | as long as short |
| GRVT ORCL_USDT_Perp | +0.0214% | 8h | 149.67 | −0.080% | $2K | $177K | 10x | as long as short |
| Variational Omni ORCL | +0.0245% | 8h | 149.69 | −0.068% | $1.3M | $363K | — | as long as short |
| Gate ORCL_USDT | +0.0303% | 8h | 149.76 | −0.020% | $2.3M | $3.0M | 25x | as long as short |
| Extended ORCL_24_5-USD | +0.0320% | 1h | 149.67 | −0.081% | $390K | $1.3M | 10x | as long as short |
| Binance ORCLUSDT | +0.0322% | 8h | 149.71 | −0.053% | $25.2M | $35.3M | 20x | as long as short |
| KuCoin ORCLUSDTM | +0.0359% | 8h | 149.78 | −0.007% | $262K | $279K | 20x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0388% | 8h | 149.73 | −0.040% | $5.0M | $5.8M | 20x | as long as short |
| Phoenix ORCL | +0.0535% | 1h | 149.67 | −0.080% | $153K | $75K | 10x | as long as short |
| BloFin ORCL-USDT | +0.0710% | 8h | 149.80 | +0.007% | $47K | $43K | 20x | as long as short |
| Bybit ORCLUSDT | +0.0724% | 8h | 149.78 | −0.007% | $4.1M | $1.8M | 50x | as long as short |
Vest ORCL-USD-PERP
tradeXYZ xyz:ORCL
Polymarket Perps ORCL-USD
SoDEX ORCL-USD
Ondo Perps ORCL-USD.P
QFEX ORCL-USD
ApeX Omni ORACLEUSDT
Orderly PERP_ORCL_USDC_mythos
GRVT ORCL_USDT_Perp
Variational Omni ORCL
Gate ORCL_USDT
Extended ORCL_24_5-USD
Binance ORCLUSDT
KuCoin ORCLUSDTM
OKX ORCL-USDT-SWAP
Phoenix ORCL
BloFin ORCL-USDT
Bybit ORCLUSDT