Funding you earn now, next payment 10:00 UTC+0.0032%/8h= +3.5% APRnext payment +$0.04 per $10,000 · paid last 24h +0.001%
Price spread now: Lighter RH against Lighter−0.013%7-day average −0.081% · you buy dearer than you sell
Net, funding: paid 7d − costs−$56as in the Funding arb table
Net, price: spread back to 7d avg − costs−$40as in the Price arb table
costs, in and out, $10k−$460.464% of the position
Funding, last 7 days−0.099%−$10 on $10k
+Price spread, last 4 days (all we have)−0.079%−$8 · spread now −0.013%, 7d avg −0.081%
=Together, before fees−0.178%+ Points / potential airdropLighter: Season 3 · Lighter RH: Points live · farm board−$18 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Lighter RH is 0.068% dearer against Lighter than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.081%. Mind the row above: over the last 7 days funding on this pair cost −0.099%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter ORCL | 149.57 | 0.0032 | pay 0.0004% / 1h | 1m 26s | $477K | $59K | 10x |
| Short | Lighter RH ORCL | 149.55 | 0.0064 | get 0.0008% / 1h | 1m 26s | $614K | $285K | 10x |
Lighter ORCL
Lighter RH ORCLFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH 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: −0.013% → −0.081%
- $6.77
- Slippage, 4 orders
- −$46.42
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$32.92
- Costs to cover
- 0.464%
- Break-even
- 41.3 days
Slippage from Lighter: live order book, 45 min ago; Lighter RH: live order book, 49 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, 45 min ago | 5.68 bp | 16.2 bp −$16 | 17.6 bp −$176 | doesn't fit | doesn't fit |
| Sell Lighter RH live order book, 49 min ago | 2.68 bp | 3.3 bp −$3 | 9.8 bp −$98 | doesn't fit | doesn't fit |
ORCL on 28 exchanges
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 | −0.0944% | 4h | 149.64 | +0.044% | $28K | $214K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.50 | −0.047% | $105K | $22K | 20x | as long as short |
| Bitget ORCLUSDT | 0.0000% | 8h | 149.60 | +0.020% | $7.7M | $2.4M | 20x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.76 | +0.127% | $3K | $2.4M | 10x | as long as short |
| Lighter ORCLlong | +0.0032% | 1h | 149.57 | long leg | $477K | $59K | 10x | |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.341% | $20K | $9K | 12x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.53 | −0.027% | — | $43K | 25x | as long as short |
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 149.44 | −0.087% | $131K | $69K | 10x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 149.50 | −0.047% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 149.29 | −0.187% | $699K | $832K | 10x | as long as short |
edgeX ORCLUSDC
Aster ORCLUSDT
Bitget ORCLUSDT
SunX ORCL-USDT
Injective ORCL/USDC PERP
Vest ORCL-USD-PERP
Polymarket Perps ORCL-USD
SoDEX ORCL-USD
Ondo Perps ORCL-USD.PShow all 28 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX ORCL-USDT | +0.0053% | 8h | 149.73 | +0.107% | $52K | $24K | 20x | as long as short |
| Lighter RH ORCLshort | +0.0064% | 1h | 149.55 | −0.013% | $614K | $285K | 10x | |
| Nado ORCL-PERP | +0.0071% | 1h | 149.36 | −0.142% | $88K | $22K | 10x | as long as short |
| QFEX ORCL-USD | +0.0075% | 1h | 149.47 | −0.067% | $1.1M | $2.0M | 10x | as long as short |
| KuCoin ORCLUSDTM | +0.0100% | 8h | 149.53 | −0.027% | $243K | $416K | 20x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 149.60 | +0.020% | $22K | $263K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.48 | −0.060% | $190 | — | 10x | as long as short |
| tradeXYZ xyz:ORCL | +0.0158% | 1h | 149.42 | −0.100% | $21.9M | $6.7M | 10x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0216% | 8h | 149.53 | −0.027% | $5.0M | $6.0M | 20x | as long as short |
| Variational Omni ORCL | +0.0224% | 8h | 149.60 | +0.023% | $1.2M | $400K | — | as long as short |
| Binance ORCLUSDT | +0.0336% | 8h | 149.53 | −0.025% | $25.2M | $35.3M | 20x | as long as short |
| Extended ORCL_24_5-USD | +0.0336% | 1h | 149.45 | −0.079% | $390K | $2.1M | 10x | as long as short |
| Gate ORCL_USDT | +0.0373% | 8h | 149.63 | +0.040% | $2.3M | $2.9M | 25x | as long as short |
| Arcus ORCL-USD | +0.0415% | 1h | 149.41 | −0.107% | $87K | $71K | 10x | as long as short |
| GRVT ORCL_USDT_Perp | +0.0498% | 8h | 149.49 | −0.051% | $1K | $139K | 10x | as long as short |
| Phoenix ORCL | +0.0589% | 1h | 149.46 | −0.074% | $153K | $72K | 10x | as long as short |
| BloFin ORCL-USDT | +0.0616% | 8h | 149.75 | +0.120% | $48K | $45K | 20x | as long as short |
| Bybit ORCLUSDT | +0.0634% | 8h | 149.58 | +0.007% | $4.1M | $1.8M | 50x | as long as short |
HTX ORCL-USDT
Nado ORCL-PERP
QFEX ORCL-USD
KuCoin ORCLUSDTM
ApeX Omni ORACLEUSDT
Orderly PERP_ORCL_USDC_mythos
tradeXYZ xyz:ORCL
OKX ORCL-USDT-SWAP
Variational Omni ORCL
Binance ORCLUSDT
Extended ORCL_24_5-USD
Gate ORCL_USDT
Arcus ORCL-USD
GRVT ORCL_USDT_Perp
Phoenix ORCL
BloFin ORCL-USDT
Bybit ORCLUSDT