Settings8H · net · $10k
Funding arb · Price arb /

ORCL

RWAall ORCL markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0570%/8h= +62.4% APRpaid last 24h +0.170%
Price spread now: Lighter RH against edgeX−0.076%80s7-day average −0.046% · you buy dearer than you sell
Net, funding: paid 7d − costs+$93as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$290.292% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+1.221%+$122 on $10k
Price spread, last 4 days (all we have)−0.364%−$36 · spread now −0.076%, 7d avg −0.046%
Together, before fees+0.856%+ Points / potential airdropedgeX: Active · Lighter RH: Points live · farm board+$86 on $10k · with fees, hour by hour
Funding pays, the price is against you. Lighter RH is 0.030% cheaper against edgeX than usual: you would sell low and buy high (spread −0.076% now, against its 7-day average of −0.046%). If the spread goes back, that is −$3 on $10k: about 4 hours of funding at the current rate (+$17 a day). The two prices were read 80 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX ORCLUSDC149.21−0.0538get 0.0269% / 4h31m 56s$28K$214K10x
ShortLighter RH ORCL149.100.0032get 0.0004% / 1h31m 56s$621K$316K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter RH against edgeX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$119.68
Price spread: −0.076% → −0.046%
−$2.99
Slippage, 4 orders
−$20.18
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Lighter RH: 0 bp × 2 orders
$0
Net
$87.52
Costs to cover
0.292%
Break-even
1.9 days
Slippage from edgeX: live order book, 5 min ago; Lighter RH: live order book, 6 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy edgeX live order book, 5 min ago6.03 bp10.9 bp −$1118.5 bp −$185doesn't fitdoesn't fit
Sell Lighter RH live order book, 6 min ago2.35 bp3.5 bp −$49.0 bp −$90doesn't fitdoesn't fit

ORCL on 28 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX ORCLUSDClong−0.0538%4h149.21long leg$28K$214K10x
Aster ORCLUSDT0.0000%8h149.85+0.429%$98K$20K20xas long as short
Bitget ORCLUSDT0.0000%8h149.21−0.002%$7.7M$2.7M20xas long as short
SunX ORCL-USDT0.0000%8h149.34+0.085%$3K$2.7M10xas long as short
HTX ORCL-USDT0.0000%8h149.20−0.009%$52K$25K20xas long as short
Lighter ORCL+0.0032%1h149.11−0.069%$476K$59K10xas long as short
Lighter RH ORCLshort+0.0032%1h149.10−0.076%$621K$316K10x
Injective ORCL/USDC PERP+0.0033%1h149.06−0.103%$20K$9K12xas long as short
Arcus ORCL-USD+0.0040%1h149.08−0.089%$86K$79K10xas long as short
Vest ORCL-USD-PERP+0.0046%1h149.14−0.049%$67K25xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:ORCL+0.0050%1h148.99−0.150%$21.6M$6.9M10xas long as short
Polymarket Perps ORCL-USD+0.0050%1h149.04−0.116%$130K$82K10xas long as short
SoDEX ORCL-USD+0.0050%1h149.09−0.083%$30K$3K10xas long as short
Ondo Perps ORCL-USD.P+0.0050%1h148.90−0.210%$698K$854K10xas long as short
Nado ORCL-PERP+0.0055%1h149.05−0.108%$88K$22K10xas long as short
QFEX ORCL-USD+0.0057%1h149.12−0.063%$1.1M$2.0M10xas long as short
KuCoin ORCLUSDTM+0.0100%8h149.17−0.029%$240K$274K20xas long as short
ApeX Omni ORACLEUSDT+0.0100%1h149.11−0.069%$22K$263K50xas long as short
Orderly PERP_ORCL_USDC_mythos+0.0100%8h149.06−0.103%$19010xas long as short
Variational Omni ORCL+0.0170%8h149.20−0.012%$1.2M$424Kas long as short
GRVT ORCL_USDT_Perp+0.0188%8h149.27+0.035%$1K$156K10xas long as short
Gate ORCL_USDT+0.0199%8h149.22+0.004%$2.3M$3.0M25xas long as short
OKX ORCL-USDT-SWAP+0.0234%8h149.09−0.083%$4.9M$6.0M20xas long as short
Binance ORCLUSDT+0.0262%8h149.09−0.081%$24.9M$36.5M20xas long as short
Extended ORCL_24_5-USD+0.0264%1h149.07−0.097%$388K$2.1M10xas long as short
Phoenix ORCL+0.0483%1h149.14−0.049%$152K$72K10xas long as short
BloFin ORCL-USDT+0.0556%8h149.22+0.004%$47K$44K20xas long as short
Bybit ORCLUSDT+0.0562%8h149.10−0.076%$4.1M$1.9M50xas long as short