Funding you earn now, next payment 09:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h +0.102%
Price spread now: Bitget against Lighter+0.054%7-day average +0.017% · you sell dearer than you buy
Net, funding: paid 7d − costs−$68as in the Funding arb table
Net, price: spread back to 7d avg − costs−$68as in the Price arb table
costs, in and out, $10k−$720.716% of the position
Funding, last 7 days+0.033%+$3 on $10k
+Price spread, last 4 days (all we have)+0.248%+$25 · spread now +0.054%, 7d avg +0.017%
=Together, before fees+0.281%+ Points / potential airdropLighter: Season 3 · farm board+$28 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bitget is 0.037% dearer against Lighter than usual: you sell high and buy low (spread +0.054% now, against its 7-day average of +0.017%): +$4 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 3.9 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter ORCL | 149.03 | 0.0032 | pay 0.0004% / 1h | 17m 38s | $476K | $59K | 10x |
| Short | Bitget ORCLUSDT | 149.11 | 0 | get 0.0000% / 8h | 7h 17m | $7.7M | $2.6M | 20x |
Lighter ORCL
Bitget ORCLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$6.72
- Price spread: +0.054% → +0.017%
- $3.7
- Slippage, 4 orders
- −$59.58
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$74.6
- Costs to cover
- 0.716%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 7 min ago; Bitget: live order book, 11 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, 7 min ago | 10.09 bp | 14.1 bp −$14 | 18.1 bp −$181 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 11 min ago | 2.36 bp | 12.4 bp −$12 | 28.5 bp −$285 | 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 | −0.0899% | 4h | 148.91 | −0.083% | $28K | $215K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 148.86 | −0.115% | $97K | $20K | 20x | as long as short |
| Bitget ORCLUSDTshort | 0.0000% | 8h | 149.11 | +0.054% | $7.7M | $2.6M | 20x | |
| GRVT ORCL_USDT_Perp | 0.0000% | 8h | 148.90 | −0.087% | $1K | $148K | 10x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.17 | +0.094% | $2K | $2.6M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.06 | +0.020% | $52K | $25K | 20x | as long as short |
| Lighter ORCLlong | +0.0032% | 1h | 149.03 | long leg | $476K | $59K | 10x | |
| Lighter RH ORCL | +0.0032% | 1h | 148.97 | −0.040% | $604K | $317K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | +0.020% | $20K | $9K | 12x | as long as short |
| Arcus ORCL-USD | +0.0040% | 1h | 148.94 | −0.060% | $86K | $79K | 10x | as long as short |
edgeX ORCLUSDC
Aster ORCLUSDT
GRVT ORCL_USDT_Perp
SunX ORCL-USDT
HTX ORCL-USDT
Lighter RH ORCL
Injective ORCL/USDC PERP
Arcus ORCL-USDShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest ORCL-USD-PERP | +0.0046% | 1h | 148.80 | −0.154% | — | $55K | 25x | as long as short |
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 148.81 | −0.148% | $130K | $70K | 10x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 148.94 | −0.060% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 148.76 | −0.181% | $711K | $840K | 10x | as long as short |
| Nado ORCL-PERP | +0.0064% | 1h | 148.72 | −0.210% | $88K | $22K | 10x | as long as short |
| QFEX ORCL-USD | +0.0065% | 1h | 149.04 | +0.007% | $1.1M | $1.9M | 10x | as long as short |
| KuCoin ORCLUSDTM | +0.0100% | 8h | 148.84 | −0.127% | $240K | $332K | 20x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 148.82 | −0.141% | $22K | $263K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 148.91 | −0.081% | $189 | — | 10x | as long as short |
| tradeXYZ xyz:ORCL | +0.0103% | 1h | 148.89 | −0.094% | $21.8M | $6.8M | 10x | as long as short |
| Variational Omni ORCL | +0.0112% | 8h | 148.82 | −0.139% | $1.2M | $428K | — | as long as short |
| OKX ORCL-USDT-SWAP | +0.0199% | 8h | 149.06 | +0.020% | $5.0M | $5.9M | 20x | as long as short |
| Extended ORCL_24_5-USD | +0.0200% | 1h | 148.99 | −0.025% | $386K | $2.1M | 10x | as long as short |
| Binance ORCLUSDT | +0.0201% | 8h | 149.05 | +0.013% | $25.1M | $36.1M | 20x | as long as short |
| Gate ORCL_USDT | +0.0355% | 8h | 149.13 | +0.067% | $2.3M | $2.9M | 25x | as long as short |
| Phoenix ORCL | +0.0537% | 1h | 148.65 | −0.255% | $152K | $73K | 10x | as long as short |
| BloFin ORCL-USDT | +0.0542% | 8h | 148.71 | −0.215% | $48K | $45K | 20x | as long as short |
| Bybit ORCLUSDT | +0.0563% | 8h | 149.06 | +0.020% | $4.1M | $1.8M | 50x | as long as short |
Vest ORCL-USD-PERP
Polymarket Perps ORCL-USD
SoDEX ORCL-USD
Ondo Perps ORCL-USD.P
Nado ORCL-PERP
QFEX ORCL-USD
KuCoin ORCLUSDTM
ApeX Omni ORACLEUSDT
Orderly PERP_ORCL_USDC_mythos
tradeXYZ xyz:ORCL
Variational Omni ORCL
OKX ORCL-USDT-SWAP
Extended ORCL_24_5-USD
Binance ORCLUSDT
Gate ORCL_USDT
Phoenix ORCL
BloFin ORCL-USDT
Bybit ORCLUSDT