Funding you earn now, next payment 08:00 UTC−0.0524%/8h= −57.4% APRpaid last 24h −0.105%
Price spread now: Lighter RH against BloFin−0.067%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.188%−$19 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter RH: Points live · farm boardneeds both histories
Both sides work against this trade now: funding costs −$16 a day on $10k at the current rate, and Lighter RH is 0.067% cheaper against BloFin than usual: you would sell low and buy high (−$7 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.188% in total (about -9.8% 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 | 149.22 | 0.0556 | pay 0.0556% / 8h | 32m 38s | $47K | $44K | 20x |
| Short | Lighter RH ORCL | 149.12 | 0.0032 | get 0.0004% / 1h | 32m 38s | $622K | $316K | 10x |
BloFin ORCL-USDT
Lighter RH ORCLFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH 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
- −$109.99
- Price spread: −0.067% → 0.000%
- −$6.7
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$128.69
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: BloFin: no order-book sample; Lighter RH: live order book, 5 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 RH live order book, 5 min ago | 2.35 bp | 3.5 bp −$4 | 9.0 bp −$90 | 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 | −0.0538% | 4h | 149.21 | −0.004% | $28K | $214K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.87 | +0.434% | $98K | $20K | 20x | as long as short |
| Bitget ORCLUSDT | 0.0000% | 8h | 149.22 | 0.000% | $7.7M | $2.7M | 20x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.40 | +0.121% | $3K | $2.7M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.32 | +0.067% | $52K | $25K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.14 | −0.054% | $476K | $59K | 10x | as long as short |
| Lighter RH ORCLshort | +0.0032% | 1h | 149.12 | −0.067% | $622K | $316K | 10x | |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.107% | $20K | $9K | 12x | as long as short |
| Arcus ORCL-USD | +0.0040% | 1h | 149.08 | −0.094% | $86K | $79K | 10x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.20 | −0.013% | — | $67K | 25x | as long as short |
edgeX ORCLUSDC
Aster ORCLUSDT
Bitget ORCLUSDT
SunX ORCL-USDT
HTX ORCL-USDT
Lighter ORCL
Injective ORCL/USDC PERP
Arcus ORCL-USD
Vest ORCL-USD-PERPShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:ORCL | +0.0050% | 1h | 149.01 | −0.141% | $21.6M | $6.9M | 10x | as long as short |
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 149.10 | −0.080% | $131K | $82K | 10x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 149.10 | −0.080% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 148.90 | −0.214% | $698K | $854K | 10x | as long as short |
| QFEX ORCL-USD | +0.0057% | 1h | 149.12 | −0.067% | $1.1M | $2.0M | 10x | as long as short |
| Nado ORCL-PERP | +0.0058% | 1h | 149.09 | −0.090% | $88K | $22K | 10x | as long as short |
| KuCoin ORCLUSDTM | +0.0100% | 8h | 149.19 | −0.020% | $240K | $274K | 20x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 149.11 | −0.074% | $22K | $263K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.10 | −0.080% | $190 | — | 10x | as long as short |
| Variational Omni ORCL | +0.0170% | 8h | 149.20 | −0.016% | $1.2M | $424K | — | as long as short |
| GRVT ORCL_USDT_Perp | +0.0188% | 8h | 149.27 | +0.030% | $1K | $156K | 10x | as long as short |
| Gate ORCL_USDT | +0.0199% | 8h | 149.24 | +0.013% | $2.3M | $3.0M | 25x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0235% | 8h | 149.08 | −0.094% | $4.9M | $6.0M | 20x | as long as short |
| Binance ORCLUSDT | +0.0262% | 8h | 149.13 | −0.060% | $24.9M | $36.5M | 20x | as long as short |
| Extended ORCL_24_5-USD | +0.0264% | 1h | 149.09 | −0.087% | $388K | $2.1M | 10x | as long as short |
| Phoenix ORCL | +0.0483% | 1h | 149.14 | −0.054% | $152K | $72K | 10x | as long as short |
| BloFin ORCL-USDTlong | +0.0556% | 8h | 149.22 | long leg | $47K | $44K | 20x | |
| Bybit ORCLUSDT | +0.0562% | 8h | 149.13 | −0.060% | $4.1M | $1.9M | 50x | as long as short |
tradeXYZ xyz:ORCL
Polymarket Perps ORCL-USD
SoDEX ORCL-USD
Ondo Perps ORCL-USD.P
QFEX ORCL-USD
Nado ORCL-PERP
KuCoin ORCLUSDTM
ApeX Omni ORACLEUSDT
Orderly PERP_ORCL_USDC_mythos
Variational Omni ORCL
GRVT ORCL_USDT_Perp
Gate ORCL_USDT
OKX ORCL-USDT-SWAP
Binance ORCLUSDT
Extended ORCL_24_5-USD
Phoenix ORCL
Bybit ORCLUSDT