Funding you earn now, next payment 04:00 UTC+0.0068%/8h= +7.4% APRnext payment +$0.09 per $10,000 · paid last 24h +0.020%
Price spread now: ApeX Omni against Lighter−0.040%48s7-day average −0.053% · you buy dearer than you sell
Net, funding: paid 7d − costs−$77as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$810.812% of the position
Funding, last 7 days+0.044%+$4 on $10k
+Price spread, last 4 days (all we have)+0.175%+$18 · spread now −0.040%, 7d avg −0.053%
=Together, before fees+0.220%+ Points / potential airdropLighter: Season 3 · farm board+$22 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.053%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate. The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter ORCL | 149.88 | 0.0032 | pay 0.0004% / 1h | 10m 36s | $475K | $51K | 10x |
| Short | ApeX Omni ORACLEUSDT | 149.82 | 0.0100 | get 0.0013% / 1h | 10m 36s | $22K | $263K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Lighter. 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
- $14.28
- Price spread: −0.040% → −0.053%
- $1.33
- Slippage, 4 orders
- −$71.24
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$65.63
- Costs to cover
- 0.812%
- Break-even
- 39.2 days
Slippage from Lighter: live order book, 39 min ago; ApeX Omni: live order book, 46 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 Lighter live order book, 39 min ago | 5.34 bp | 19.7 bp −$20 | 21.0 bp −$210 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 46 min ago | 8.35 bp | 18.3 bp −$18 | 179.7 bp −$1,797 | 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 | −0.047% | $28K | $215K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.71 | −0.115% | $94K | $16K | 20x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 150.04 | +0.107% | $3K | $2.7M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.84 | −0.027% | $52K | $24K | 20x | as long as short |
| Lighter ORCLlong | +0.0032% | 1h | 149.88 | long leg | $475K | $51K | 10x | |
| Lighter RH ORCL | +0.0032% | 1h | 149.84 | −0.027% | $625K | $314K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.547% | $20K | $12K | 12x | as long as short |
| Arcus ORCL-USD | +0.0040% | 1h | 149.72 | −0.107% | $87K | $79K | 10x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.82 | −0.040% | — | $67K | 25x | as long as short |
| tradeXYZ xyz:ORCL | +0.0050% | 1h | 149.71 | −0.113% | $21.7M | $6.8M | 10x | as long as short |
Show 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 | −0.093% | $131K | $90K | 10x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 149.79 | −0.060% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 149.53 | −0.234% | $708K | $716K | 10x | as long as short |
| Bitget ORCLUSDT | +0.0051% | 8h | 149.90 | +0.013% | $7.7M | $3.9M | 20x | as long as short |
| Nado ORCL-PERP | +0.0059% | 1h | 149.71 | −0.112% | $91K | $20K | 10x | as long as short |
| QFEX ORCL-USD | +0.0080% | 1h | 149.81 | −0.047% | $1.1M | $2.2M | 10x | as long as short |
| ApeX Omni ORACLEUSDTshort | +0.0100% | 1h | 149.82 | −0.040% | $22K | $263K | 50x | |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.79 | −0.060% | $191 | — | 10x | as long as short |
| Variational Omni ORCL | +0.0250% | 8h | 149.79 | −0.062% | $1.3M | $363K | — | as long as short |
| GRVT ORCL_USDT_Perp | +0.0256% | 8h | 149.83 | −0.033% | $2K | $177K | 10x | as long as short |
| Gate ORCL_USDT | +0.0279% | 8h | 149.89 | +0.007% | $2.3M | $3.0M | 25x | as long as short |
| Binance ORCLUSDT | +0.0327% | 8h | 149.84 | −0.026% | $25.2M | $35.4M | 20x | as long as short |
| Extended ORCL_24_5-USD | +0.0328% | 1h | 149.79 | −0.059% | $390K | $1.3M | 10x | as long as short |
| KuCoin ORCLUSDTM | +0.0374% | 8h | 149.87 | −0.007% | $262K | $276K | 20x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0398% | 8h | 149.91 | +0.020% | $5.0M | $5.8M | 20x | as long as short |
| Phoenix ORCL | +0.0481% | 1h | 149.71 | −0.113% | $153K | $75K | 10x | as long as short |
| Bybit ORCLUSDT | +0.0748% | 8h | 149.92 | +0.027% | $4.1M | $1.8M | 50x | as long as short |
| BloFin ORCL-USDT | +0.0755% | 8h | 149.93 | +0.033% | $47K | $43K | 20x | as long as short |
Lighter ORCL
ApeX Omni ORACLEUSDT
edgeX ORCLUSDC
Aster ORCLUSDT
SunX ORCL-USDT
HTX ORCL-USDT
Lighter RH ORCL
Injective ORCL/USDC PERP
tradeXYZ xyz:ORCL
Polymarket Perps ORCL-USD
SoDEX ORCL-USD
Bitget ORCLUSDT
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
Bybit ORCLUSDT
BloFin ORCL-USDT