Funding you earn now, next payment 08:00 UTC−0.0281%/8h= −30.7% APRpaid last 24h −0.169%
Price spread now: edgeX against Lighter+0.097%49s7-day average −0.036% · you sell dearer than you buy
Net, funding: paid 7d − costs−$189as 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−$570.568% of the position
Funding, last 7 days−1.320%−$132 on $10k
+Price spread, last 4 days (all we have)+0.248%+$25 · spread now +0.097%, 7d avg −0.036%
=Together, before fees−1.072%+ Points / potential airdropLighter: Season 3 · edgeX: Active · farm board−$107 on $10k · with fees, hour by hour
The price spread pays, funding is against you. edgeX is 0.133% dearer against Lighter than usual: you sell high and buy low (spread +0.097% now, against its 7-day average of −0.036%): +$13 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 38 hours. At the pace of the last 7 days (−1.320% in total) that is about 17 hours. The two prices were read 49 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 | 149.10 | 0.0032 | pay 0.0004% / 1h | 6m 39s | $476K | $59K | 10x |
| Short | edgeX ORCLUSDC | 149.25 | −0.0249 | pay 0.0124% / 4h | 6m 39s | $28K | $214K | 10x |
Lighter ORCL
edgeX ORCLUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- −$58.91
- Price spread: +0.097% → −0.036%
- $13.3
- Slippage, 4 orders
- −$47.82
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$102.43
- Costs to cover
- 0.568%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 23 min ago; edgeX: live order book, 30 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, 23 min ago | 3.69 bp | 21.3 bp −$21 | 25.6 bp −$256 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 30 min ago | 6.03 bp | 11.1 bp −$11 | 18.6 bp −$186 | 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 ORCLUSDCshort | −0.0249% | 4h | 149.25 | +0.097% | $28K | $214K | 10x | |
| Aster ORCLUSDT | 0.0000% | 8h | 149.22 | +0.082% | $98K | $20K | 20x | as long as short |
| Bitget ORCLUSDT | 0.0000% | 8h | 149.18 | +0.054% | $7.7M | $2.7M | 20x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.34 | +0.161% | $2K | $2.7M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.32 | +0.148% | $52K | $25K | 20x | as long as short |
| Lighter ORCLlong | +0.0032% | 1h | 149.10 | long leg | $476K | $59K | 10x | |
| Lighter RH ORCL | +0.0032% | 1h | 149.07 | −0.020% | $622K | $320K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.027% | $20K | $9K | 12x | as long as short |
| Arcus ORCL-USD | +0.0040% | 1h | 149.12 | +0.013% | $86K | $79K | 10x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.22 | +0.080% | — | $67K | 25x | as long as short |
Aster ORCLUSDT
Bitget ORCLUSDT
SunX ORCL-USDT
HTX ORCL-USDT
Lighter RH ORCL
Injective ORCL/USDC PERP
Arcus ORCL-USD
Vest ORCL-USD-PERPShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:ORCL | +0.0050% | 1h | 148.95 | −0.101% | $21.7M | $6.9M | 10x | as long as short |
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 149.07 | −0.020% | $131K | $81K | 10x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 149.09 | −0.007% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 148.94 | −0.107% | $710K | $878K | 10x | as long as short |
| Nado ORCL-PERP | +0.0053% | 1h | 148.99 | −0.074% | $88K | $22K | 10x | as long as short |
| QFEX ORCL-USD | +0.0057% | 1h | 149.12 | +0.013% | $1.1M | $2.0M | 10x | as long as short |
| KuCoin ORCLUSDTM | +0.0100% | 8h | 149.15 | +0.034% | $241K | $278K | 20x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 149.25 | +0.101% | $22K | $264K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.07 | −0.020% | $190 | — | 10x | as long as short |
| Variational Omni ORCL | +0.0174% | 8h | 149.22 | +0.078% | $1.2M | $424K | — | as long as short |
| GRVT ORCL_USDT_Perp | +0.0187% | 8h | 149.30 | +0.132% | $1K | $155K | 10x | as long as short |
| Gate ORCL_USDT | +0.0203% | 8h | 149.18 | +0.054% | $2.3M | $3.0M | 25x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0216% | 8h | 149.11 | +0.007% | $4.9M | $6.0M | 20x | as long as short |
| Extended ORCL_24_5-USD | +0.0264% | 1h | 149.04 | −0.037% | $390K | $2.1M | 10x | as long as short |
| Binance ORCLUSDT | +0.0265% | 8h | 149.07 | −0.018% | $25.1M | $36.9M | 20x | as long as short |
| Phoenix ORCL | +0.0483% | 1h | 149.16 | +0.040% | $152K | $72K | 10x | as long as short |
| BloFin ORCL-USDT | +0.0527% | 8h | 149.26 | +0.107% | $47K | $45K | 20x | as long as short |
| Bybit ORCLUSDT | +0.0545% | 8h | 149.12 | +0.013% | $4.1M | $1.9M | 50x | as long as short |
tradeXYZ xyz:ORCL
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
Variational Omni ORCL
GRVT ORCL_USDT_Perp
Gate ORCL_USDT
OKX ORCL-USDT-SWAP
Extended ORCL_24_5-USD
Binance ORCLUSDT
Phoenix ORCL
BloFin ORCL-USDT
Bybit ORCLUSDT