Funding you earn now, next payment 09:00 UTC−0.0400%/8h= −43.8% APRpaid last 24h −0.136%
Price spread now: Lighter against BloFin+0.094%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.147%−$15 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
The price spread pays, funding is against you. Lighter is 0.094% dearer against BloFin than usual: you sell high and buy low (spread +0.094% now, against zero (this spread has no 7-day history yet)): +$9 on $10k if it goes back. Holding the pair costs −$12 a day in funding at the current rate, which eats that in about 19 hours. At the pace of the last 7 days (−0.147% in total) that is about 4.5 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.147% in total (about -7.7% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin ORCL-USDT | 148.71 | 0.0432 | pay 0.0432% / 8h | 7h 20m | $48K | $45K | 20x |
| Short | Lighter ORCL | 148.85 | 0.0032 | get 0.0004% / 1h | 20m 38s | $475K | $59K | 10x |
BloFin ORCL-USDT
Lighter ORCLFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against BloFin. 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
- −$84.01
- Price spread: +0.094% → 0.000%
- $9.41
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$86.6
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: BloFin: no order-book sample; Lighter: live order book, 4 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 BloFin no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 4 min ago | 10.09 bp | 29.1 bp −$29 | 31.4 bp −$314 | doesn't fit | doesn't fit |
BloFin: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0881% | 4h | 148.55 | −0.110% | $28K | $214K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 148.69 | −0.012% | $97K | $20K | 20x | as long as short |
| Bitget ORCLUSDT | 0.0000% | 8h | 148.92 | +0.141% | $7.7M | $2.6M | 20x | as long as short |
| GRVT ORCL_USDT_Perp | 0.0000% | 8h | 148.57 | −0.096% | $1K | $148K | 10x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.01 | +0.202% | $3K | $2.6M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 148.67 | −0.027% | $52K | $25K | 20x | as long as short |
| Lighter ORCLshort | +0.0032% | 1h | 148.85 | +0.094% | $475K | $59K | 10x | |
| Lighter RH ORCL | +0.0032% | 1h | 148.81 | +0.067% | $603K | $317K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | +0.235% | $20K | $9K | 12x | as long as short |
| Arcus ORCL-USD | +0.0040% | 1h | 148.73 | +0.013% | $86K | $79K | 10x | as long as short |
edgeX ORCLUSDC
Aster ORCLUSDT
Bitget ORCLUSDT
GRVT ORCL_USDT_Perp
SunX ORCL-USDT
HTX ORCL-USDT
Lighter RH ORCL
Injective ORCL/USDC 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 | 148.64 | −0.047% | — | $67K | 25x | as long as short |
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 148.62 | −0.061% | $130K | $70K | 10x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 148.78 | +0.047% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 148.69 | −0.013% | $711K | $840K | 10x | as long as short |
| Nado ORCL-PERP | +0.0059% | 1h | 148.64 | −0.047% | $88K | $22K | 10x | as long as short |
| QFEX ORCL-USD | +0.0065% | 1h | 148.76 | +0.034% | $1.1M | $1.9M | 10x | as long as short |
| tradeXYZ xyz:ORCL | +0.0090% | 1h | 148.70 | −0.007% | $21.7M | $6.8M | 10x | as long as short |
| KuCoin ORCLUSDTM | +0.0100% | 8h | 148.66 | −0.034% | $240K | $329K | 20x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 148.53 | −0.121% | $22K | $262K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 148.72 | +0.007% | $189 | — | 10x | as long as short |
| Variational Omni ORCL | +0.0112% | 8h | 148.82 | +0.076% | $1.2M | $428K | — | as long as short |
| OKX ORCL-USDT-SWAP | +0.0188% | 8h | 148.85 | +0.094% | $4.9M | $5.9M | 20x | as long as short |
| Binance ORCLUSDT | +0.0195% | 8h | 148.83 | +0.082% | $25.1M | $36.2M | 20x | as long as short |
| Extended ORCL_24_5-USD | +0.0200% | 1h | 148.80 | +0.058% | $386K | $2.1M | 10x | as long as short |
| Gate ORCL_USDT | +0.0326% | 8h | 148.95 | +0.161% | $2.3M | $2.9M | 25x | as long as short |
| BloFin ORCL-USDTlong | +0.0432% | 8h | 148.71 | long leg | $48K | $45K | 20x | |
| Bybit ORCLUSDT | +0.0481% | 8h | 148.87 | +0.108% | $4.1M | $1.8M | 50x | as long as short |
| Phoenix ORCL | +0.0537% | 1h | 148.35 | −0.242% | $152K | $73K | 10x | as long as short |
Vest ORCL-USD-PERP
Polymarket Perps ORCL-USD
SoDEX ORCL-USD
Ondo Perps ORCL-USD.P
Nado ORCL-PERP
QFEX ORCL-USD
tradeXYZ xyz:ORCL
KuCoin ORCLUSDTM
ApeX Omni ORACLEUSDT
Orderly PERP_ORCL_USDC_mythos
Variational Omni ORCL
OKX ORCL-USDT-SWAP
Binance ORCLUSDT
Extended ORCL_24_5-USD
Gate ORCL_USDT
Bybit ORCLUSDT
Phoenix ORCL