Funding you earn now, next payment 05:00 UTC+0.0018%/8h= +2.0% APRnext payment +$0.02 per $10,000 · paid last 24h +0.006%
Price spread now: Ondo Perps against Lighter−0.180%7-day average −0.135% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.067%−$7 on $10k
+Price spread, last 4 days (all we have)+0.024%+$2 · spread now −0.180%, 7d avg −0.135%
=Together, before fees−0.042%+ Points / potential airdropLighter: Season 3 · Ondo Perps: Active · farm board−$4 on $10k · with fees, hour by hour
Funding pays, the price is against you. Ondo Perps is 0.045% cheaper against Lighter than usual: you would sell low and buy high (spread −0.180% now, against its 7-day average of −0.135%). If the spread goes back, that is −$4 on $10k: about 8.1 days of funding at the current rate (+$1 a day). Mind the row above: over the last 7 days funding on this pair cost −0.067%, 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 | 149.83 | 0.0032 | pay 0.0004% / 1h | 4m 07s | $475K | $51K | 10x |
| Short | Ondo Perps ORCL-USD.P | 149.56 | 0.0050 | get 0.0006% / 1h | 4m 07s | $704K | $797K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps 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
- $3.86
- Price spread: −0.180% → −0.135%
- −$4.49
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$5.63
- Costs to cover
- 0.050%
- Break-even
- 17.2 days
Slippage unknown: Lighter: live order book, 41 min ago; Ondo Perps: 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, 41 min ago | 5.01 bp | 18.0 bp −$18 | 20.8 bp −$208 | doesn't fit | doesn't fit |
| Sell Ondo Perps no order-book sample | — | — | — | — | — |
Ondo Perps: 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 | −0.0308% | 4h | 149.63 | −0.133% | $28K | $214K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.85 | +0.010% | $94K | $16K | 20x | as long as short |
| Bitget ORCLUSDT | 0.0000% | 8h | 149.91 | +0.053% | $7.7M | $3.8M | 20x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 150.07 | +0.160% | $2K | $2.7M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.82 | −0.007% | $52K | $24K | 20x | as long as short |
| Lighter ORCLlong | +0.0032% | 1h | 149.83 | long leg | $475K | $51K | 10x | |
| Lighter RH ORCL | +0.0032% | 1h | 149.80 | −0.020% | $625K | $317K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.514% | $20K | $12K | 12x | as long as short |
| Arcus ORCL-USD | +0.0040% | 1h | 149.67 | −0.107% | $87K | $79K | 10x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.82 | −0.007% | — | $67K | 25x | as long as short |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:ORCL | +0.0050% | 1h | 149.67 | −0.107% | $21.7M | $6.8M | 10x | as long as short |
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 149.75 | −0.053% | $131K | $91K | 10x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 149.81 | −0.013% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.Pshort | +0.0050% | 1h | 149.56 | −0.180% | $704K | $797K | 10x | |
| QFEX ORCL-USD | +0.0067% | 1h | 149.78 | −0.033% | $1.1M | $2.1M | 10x | as long as short |
| Nado ORCL-PERP | +0.0069% | 1h | 149.66 | −0.114% | $88K | $22K | 10x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 149.74 | −0.060% | $22K | $263K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.78 | −0.033% | $191 | — | 10x | as long as short |
| GRVT ORCL_USDT_Perp | +0.0191% | 8h | 149.74 | −0.059% | $1K | $175K | 10x | as long as short |
| Variational Omni ORCL | +0.0234% | 8h | 149.82 | −0.007% | $1.3M | $363K | — | as long as short |
| Extended ORCL_24_5-USD | +0.0312% | 1h | 149.80 | −0.019% | $388K | $1.1M | 10x | as long as short |
| Binance ORCLUSDT | +0.0313% | 8h | 149.84 | +0.008% | $25.1M | $35.6M | 20x | as long as short |
| Gate ORCL_USDT | +0.0328% | 8h | 149.90 | +0.047% | $2.3M | $3.0M | 25x | as long as short |
| KuCoin ORCLUSDTM | +0.0332% | 8h | 149.80 | −0.020% | $261K | $277K | 20x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0355% | 8h | 149.82 | −0.007% | $5.0M | $5.9M | 20x | as long as short |
| Phoenix ORCL | +0.0535% | 1h | 149.59 | −0.160% | $153K | $75K | 10x | as long as short |
| BloFin ORCL-USDT | +0.0656% | 8h | 149.86 | +0.020% | $47K | $43K | 20x | as long as short |
| Bybit ORCLUSDT | +0.0681% | 8h | 149.90 | +0.047% | $4.1M | $1.8M | 50x | as long as short |
Lighter ORCL
edgeX ORCLUSDC
Aster ORCLUSDT
Bitget ORCLUSDT
SunX ORCL-USDT
HTX ORCL-USDT
Lighter RH ORCL
Injective ORCL/USDC PERP
tradeXYZ xyz:ORCL
Polymarket Perps ORCL-USD
SoDEX ORCL-USD
ApeX Omni ORACLEUSDT
GRVT ORCL_USDT_Perp
Variational Omni ORCL
Extended ORCL_24_5-USD
Binance ORCLUSDT
Gate ORCL_USDT
KuCoin ORCLUSDTM
OKX ORCL-USDT-SWAP
Phoenix ORCL
BloFin ORCL-USDT
Bybit ORCLUSDT