Funding you earn now, next payment 04:00 UTC+0.0211%/8h= +23.1% APRpaid last 24h +0.028%
Price spread now: Variational Omni against Lighter+0.056%7-day average −0.016% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.008%+$1 on $10k
+Price spread, last 4 days (all we have)−0.006%−$1 · spread now +0.056%, 7d avg −0.016%
=Together, before fees+0.001%+ Points / potential airdropLighter: Season 3 · Variational Omni: Active · farm board$0 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Variational Omni is 0.072% dearer against Lighter than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.016%.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.008% in total (about 0.8% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter ORCL | 149.70 | 0.0032 | pay 0.0004% / 1h | 35m 33s | $474K | $51K | 10x |
| Short | Variational Omni ORCL | 149.78 | 0.0243 | get 0.0243% / 8h | 4h 35m | $1.3M | $363K | — |
Lighter ORCL
Variational Omni ORCLFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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
- $44.31
- Price spread: +0.056% → −0.016%
- $7.21
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $51.52
- Costs to cover
- 0.000%
- Break-even
- from the start
Slippage unknown: Lighter: live order book, 14 min ago; Variational Omni: RFQ quote, 4 min ago. 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, 14 min ago | 5.34 bp | 19.7 bp −$20 | 21.0 bp −$210 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 4 min ago | 3.04 bp | doesn't fit | 29.0 bp −$290 | 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 | −0.0373% | 4h | 149.69 | −0.008% | $28K | $214K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.59 | −0.072% | $94K | $16K | 20x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 150.00 | +0.200% | $3K | $2.7M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.79 | +0.060% | $52K | $24K | 20x | as long as short |
| Lighter ORCLlong | +0.0032% | 1h | 149.70 | long leg | $474K | $51K | 10x | |
| Lighter RH ORCL | +0.0032% | 1h | 149.75 | +0.033% | $624K | $313K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.428% | $20K | $12K | 12x | as long as short |
| Arcus ORCL-USD | +0.0040% | 1h | 149.63 | −0.047% | $87K | $79K | 10x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.74 | +0.027% | — | $67K | 25x | as long as short |
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 149.70 | 0.000% | $131K | $90K | 10x | as long as short |
edgeX ORCLUSDC
Aster ORCLUSDT
SunX ORCL-USDT
HTX ORCL-USDT
Lighter RH ORCL
Injective ORCL/USDC PERP
Arcus ORCL-USD
Vest ORCL-USD-PERP
Polymarket Perps ORCL-USDShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SoDEX ORCL-USD | +0.0050% | 1h | 149.75 | +0.033% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 149.61 | −0.060% | $703K | $718K | 10x | as long as short |
| Bitget ORCLUSDT | +0.0053% | 8h | 149.82 | +0.080% | $7.7M | $3.9M | 20x | as long as short |
| Nado ORCL-PERP | +0.0062% | 1h | 149.60 | −0.069% | $91K | $20K | 10x | as long as short |
| tradeXYZ xyz:ORCL | +0.0066% | 1h | 149.65 | −0.033% | $21.6M | $6.8M | 10x | as long as short |
| QFEX ORCL-USD | +0.0080% | 1h | 149.75 | +0.033% | $1.1M | $2.3M | 10x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 149.75 | +0.033% | $22K | $263K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.72 | +0.013% | $190 | — | 10x | as long as short |
| Gate ORCL_USDT | +0.0189% | 8h | 149.84 | +0.094% | $2.3M | $2.9M | 25x | as long as short |
| Variational Omni ORCLshort | +0.0243% | 8h | 149.78 | +0.056% | $1.3M | $363K | — | |
| GRVT ORCL_USDT_Perp | +0.0262% | 8h | 149.75 | +0.035% | $2K | $177K | 10x | as long as short |
| Extended ORCL_24_5-USD | +0.0312% | 1h | 149.76 | +0.040% | $388K | $1.3M | 10x | as long as short |
| Binance ORCLUSDT | +0.0317% | 8h | 149.81 | +0.071% | $25.1M | $35.6M | 20x | as long as short |
| KuCoin ORCLUSDTM | +0.0384% | 8h | 149.75 | +0.033% | $262K | $275K | 20x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0401% | 8h | 149.80 | +0.067% | $5.0M | $5.7M | 20x | as long as short |
| Phoenix ORCL | +0.0481% | 1h | 149.60 | −0.067% | $153K | $75K | 10x | as long as short |
| BloFin ORCL-USDT | +0.0718% | 8h | 149.87 | +0.114% | $47K | $43K | 20x | as long as short |
| Bybit ORCLUSDT | +0.0757% | 8h | 149.86 | +0.107% | $4.1M | $1.8M | 50x | as long as short |
SoDEX ORCL-USD
Ondo Perps ORCL-USD.P
Bitget ORCLUSDT
Nado ORCL-PERP
tradeXYZ xyz:ORCL
QFEX ORCL-USD
ApeX Omni ORACLEUSDT
Orderly PERP_ORCL_USDC_mythos
Gate ORCL_USDT
GRVT ORCL_USDT_Perp
Extended ORCL_24_5-USD
Binance ORCLUSDT
KuCoin ORCLUSDTM
OKX ORCL-USDT-SWAP
Phoenix ORCL
BloFin ORCL-USDT
Bybit ORCLUSDT