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

ORCL

RWAall ORCL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h −0.010%
Price spread now: Aster against Lighter−0.106%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.160%−$16 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter: Season 3 · Aster: Stage 5 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Aster is 0.106% cheaper against Lighter than usual: you would sell low and buy high (−$11 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter ORCL149.520.0032pay 0.0004% / 1h41m 58s$475K$51K10x
ShortAster ORCLUSDT149.360get 0.0000% / 8h1h 41m$98K$20K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Lighter. 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
−$6.72
Price spread: −0.106% → 0.000%
−$10.62
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee Aster: 4 bp × 2 orders
−$8
Net
−$25.34
Costs to cover
0.080%
Break-even
never at this rate
Slippage unknown: Lighter: live order book, 58 min ago; Aster: 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
LegHalf-spread$10k$100k$1M$5M
Buy Lighter live order book, 58 min ago5.69 bp16.8 bp −$1718.6 bp −$186doesn't fitdoesn't fit
Sell Aster no order-book sample
Aster: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX ORCLUSDC−0.0291%4h149.41−0.072%$28K$215K10xas long as short
Aster ORCLUSDTshort0.0000%8h149.36−0.106%$98K$20K20x
Bitget ORCLUSDT0.0000%8h149.50−0.013%$7.7M$3.8M20xas long as short
SunX ORCL-USDT0.0000%8h149.64+0.080%$3K$2.7M10xas long as short
HTX ORCL-USDT0.0000%8h149.57+0.033%$52K$25K20xas long as short
Lighter ORCLlong+0.0032%1h149.52long leg$475K$51K10x
Injective ORCL/USDC PERP+0.0033%1h149.06−0.308%$20K$9K12xas long as short
Arcus ORCL-USD+0.0040%1h149.35−0.114%$87K$79K10xas long as short
Vest ORCL-USD-PERP+0.0046%1h149.46−0.040%$67K25xas long as short
Lighter RH ORCL+0.0048%1h149.46−0.040%$623K$322K10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Polymarket Perps ORCL-USD+0.0050%1h149.36−0.107%$131K$92K10xas long as short
SoDEX ORCL-USD+0.0050%1h149.43−0.060%$30K$3K10xas long as short
Ondo Perps ORCL-USD.P+0.0050%1h149.27−0.167%$699K$894K10xas long as short
QFEX ORCL-USD+0.0065%1h149.41−0.074%$1.1M$2.0M10xas long as short
Nado ORCL-PERP+0.0070%1h149.35−0.112%$88K$22K10xas long as short
tradeXYZ xyz:ORCL+0.0078%1h149.32−0.134%$21.6M$6.9M10xas long as short
ApeX Omni ORACLEUSDT+0.0100%1h149.27−0.167%$22K$263K50xas long as short
Orderly PERP_ORCL_USDC_mythos+0.0100%8h149.40−0.080%$19010xas long as short
KuCoin ORCLUSDTM+0.0173%8h149.38−0.094%$240K$281K20xas long as short
GRVT ORCL_USDT_Perp+0.0180%8h149.47−0.033%$1K$163K10xas long as short
Variational Omni ORCL+0.0184%8h149.40−0.078%$1.2M$423Kas long as short
Gate ORCL_USDT+0.0244%8h149.49−0.020%$2.3M$3.0M25xas long as short
OKX ORCL-USDT-SWAP+0.0268%8h149.43−0.060%$4.9M$6.0M20xas long as short
Binance ORCLUSDT+0.0268%8h149.42−0.067%$24.9M$36.8M20xas long as short
Extended ORCL_24_5-USD+0.0272%1h149.39−0.089%$388K$1.6M10xas long as short
Phoenix ORCL+0.0429%1h149.37−0.100%$153K$75K10xas long as short
Bybit ORCLUSDT+0.0603%8h149.48−0.027%$4.1M$1.9M50xas long as short
BloFin ORCL-USDT+0.0617%8h149.42−0.067%$47K$44K20xas long as short