Funding you earn now, next payment 10:00 UTC+0.0383%/8h= +42.0% APRnext payment +$0.48 per $10,000 · paid last 24h +0.081%
Price spread now: Arcus against Lighter−0.094%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Funding pays, the price is against you. Arcus is 0.094% cheaper against Lighter than usual: you would sell low and buy high (spread −0.094% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$9 on $10k: about 20 hours of funding at the current rate (+$12 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter ORCL | 149.45 | 0.0032 | pay 0.0004% / 1h | 56m 39s | $477K | $59K | 10x |
| Short | Arcus ORCL-USD | 149.31 | 0.0415 | get 0.0052% / 1h | 56m 39s | $86K | $79K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus 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
- $80.52
- Price spread: −0.094% → 0.000%
- −$9.37
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- $66.65
- Costs to cover
- 0.045%
- Break-even
- 1.2 days
Slippage unknown: Lighter: live order book, 28 min ago; Arcus: no order-book sample. 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 Lighter live order book, 28 min ago | 10.09 bp | 14.1 bp −$14 | 18.1 bp −$181 | doesn't fit | doesn't fit |
| Sell Arcus no order-book sample | — | — | — | — | — |
Arcus: 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 | −0.0336% | 4h | 149.37 | −0.050% | $28K | $213K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.20 | −0.167% | $98K | $20K | 20x | as long as short |
| Bitget ORCLUSDT | 0.0000% | 8h | 149.43 | −0.013% | $7.7M | $2.5M | 20x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.59 | +0.094% | $3K | $2.5M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.48 | +0.020% | $52K | $24K | 20x | as long as short |
| Lighter ORCLlong | +0.0032% | 1h | 149.45 | long leg | $477K | $59K | 10x | |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.261% | $20K | $9K | 12x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.36 | −0.060% | — | $55K | 25x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 149.36 | −0.060% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 149.14 | −0.207% | $715K | $851K | 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 | +0.0073% | 1h | 149.30 | −0.100% | $131K | $70K | 10x | as long as short |
| QFEX ORCL-USD | +0.0075% | 1h | 149.31 | −0.094% | $1.1M | $1.9M | 10x | as long as short |
| Lighter RH ORCL | +0.0088% | 1h | 149.38 | −0.047% | $607K | $277K | 10x | as long as short |
| KuCoin ORCLUSDTM | +0.0100% | 8h | 149.41 | −0.027% | $242K | $356K | 20x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 149.22 | −0.154% | $22K | $263K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.36 | −0.060% | $190 | — | 10x | as long as short |
| Nado ORCL-PERP | +0.0141% | 1h | 149.16 | −0.197% | $88K | $22K | 10x | as long as short |
| Variational Omni ORCL | +0.0155% | 8h | 149.36 | −0.062% | $1.2M | $416K | — | as long as short |
| OKX ORCL-USDT-SWAP | +0.0205% | 8h | 149.35 | −0.067% | $5.0M | $6.0M | 20x | as long as short |
| Extended ORCL_24_5-USD | +0.0264% | 1h | 149.33 | −0.081% | $388K | $2.1M | 10x | as long as short |
| Binance ORCLUSDT | +0.0265% | 8h | 149.38 | −0.047% | $25.2M | $35.8M | 20x | as long as short |
| GRVT ORCL_USDT_Perp | +0.0280% | 8h | 149.35 | −0.067% | $1K | $144K | 10x | as long as short |
| tradeXYZ xyz:ORCL | +0.0285% | 1h | 149.28 | −0.114% | $21.8M | $6.8M | 10x | as long as short |
| Gate ORCL_USDT | +0.0313% | 8h | 149.52 | +0.047% | $2.3M | $2.8M | 25x | as long as short |
| Arcus ORCL-USDshort | +0.0415% | 1h | 149.31 | −0.094% | $86K | $79K | 10x | |
| Phoenix ORCL | +0.0537% | 1h | 149.30 | −0.100% | $153K | $72K | 10x | as long as short |
| Bybit ORCLUSDT | +0.0664% | 8h | 149.44 | −0.007% | $4.1M | $1.8M | 50x | as long as short |
| BloFin ORCL-USDT | +0.0705% | 8h | 149.34 | −0.074% | $48K | $45K | 20x | as long as short |
Lighter ORCL
edgeX ORCLUSDC
Aster ORCLUSDT
Bitget ORCLUSDT
SunX ORCL-USDT
HTX ORCL-USDT
Injective ORCL/USDC PERP
SoDEX ORCL-USD
Polymarket Perps ORCL-USD
Lighter RH ORCL
KuCoin ORCLUSDTM
ApeX Omni ORACLEUSDT
Variational Omni ORCL
OKX ORCL-USDT-SWAP
Extended ORCL_24_5-USD
Binance ORCLUSDT
GRVT ORCL_USDT_Perp
tradeXYZ xyz:ORCL
Gate ORCL_USDT
Phoenix ORCL
Bybit ORCLUSDT
BloFin ORCL-USDT