Funding you earn now, next payment 12:00 UTC+0.0623%/8h= +68.2% APRpaid last 24h +0.134%
Price spread now: BloFin against Lighter RH+0.146%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.245%+$24 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter RH: Points live · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$19 a day on $10k at the current rate, and BloFin is 0.146% dearer against Lighter RH than usual: you sell high and buy low: +$15 more if the spread goes back to zero (this spread has no 7-day history yet).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.245% in total (about 12.8% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH ORCL | 150.19 | 0.0032 | pay 0.0004% / 1h | 49m 17s | $620K | $298K | 10x |
| Short | BloFin ORCL-USDT | 150.41 | 0.0655 | get 0.0655% / 8h | 4h 49m | $48K | $43K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Lighter RH. 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
- $130.82
- Price spread: +0.146% → 0.000%
- $14.65
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $133.47
- Costs to cover
- 0.120%
- Break-even
- from the start
Slippage unknown: Lighter RH: live order book, 56 min ago; BloFin: 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 RH live order book, 56 min ago | 2.67 bp | 3.7 bp −$4 | 8.7 bp −$87 | doesn't fit | doesn't fit |
| Sell BloFin no order-book sample | — | — | — | — | — |
BloFin: 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 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 | −0.0699% | 4h | 150.54 | +0.236% | $28K | $216K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 150.47 | +0.186% | $106K | $22K | 20x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 150.47 | +0.186% | $3K | $2.3M | 10x | as long as short |
| Nado ORCL-PERP | +0.0016% | 1h | 150.19 | 0.000% | $89K | $5K | 10x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 150.37 | +0.120% | $480K | $60K | 10x | as long as short |
| Lighter RH ORCLlong | +0.0032% | 1h | 150.19 | long leg | $620K | $298K | 10x | |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.752% | $20K | $9K | 12x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 150.39 | +0.133% | — | — | 25x | as long as short |
| tradeXYZ xyz:ORCL | +0.0050% | 1h | 150.21 | +0.013% | $21.9M | $6.6M | 10x | as long as short |
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 150.25 | +0.040% | $78K | $151K | 10x | as long as short |
Show all 28 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SoDEX ORCL-USD | +0.0050% | 1h | 150.35 | +0.107% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 150.42 | +0.153% | $698K | $883K | 10x | as long as short |
| QFEX ORCL-USD | +0.0070% | 1h | 150.22 | +0.020% | $1.1M | $1.9M | 10x | as long as short |
| HTX ORCL-USDT | +0.0086% | 8h | 150.24 | +0.033% | $52K | $18K | 20x | as long as short |
| KuCoin ORCLUSDTM | +0.0100% | 8h | 150.35 | +0.107% | $243K | $501K | 20x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 150.54 | +0.233% | $23K | $262K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 150.26 | +0.047% | $191 | — | 10x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0226% | 8h | 150.20 | +0.007% | $5.0M | $6.2M | 20x | as long as short |
| Bitget ORCLUSDT | +0.0234% | 8h | 150.32 | +0.087% | $7.8M | $2.4M | 20x | as long as short |
| Gate ORCL_USDT | +0.0238% | 8h | 150.36 | +0.113% | $2.3M | $2.8M | 25x | as long as short |
| Variational Omni ORCL | +0.0339% | 8h | 150.55 | +0.236% | $1.2M | $363K | — | as long as short |
| Extended ORCL_24_5-USD | +0.0440% | 1h | 150.19 | +0.001% | $390K | $2.4M | 10x | as long as short |
| Binance ORCLUSDT | +0.0441% | 8h | 150.25 | +0.039% | $25.5M | $35.6M | 20x | as long as short |
| Arcus ORCL-USD | +0.0446% | 1h | 150.17 | −0.013% | $87K | $71K | 10x | as long as short |
| GRVT ORCL_USDT_Perp | +0.0570% | 8h | 150.57 | +0.253% | $2K | $138K | 10x | as long as short |
| Bybit ORCLUSDT | +0.0645% | 8h | 150.32 | +0.087% | $4.2M | $1.8M | 50x | as long as short |
| BloFin ORCL-USDTshort | +0.0655% | 8h | 150.41 | +0.146% | $48K | $43K | 20x | |
| Phoenix ORCL | +0.0692% | 1h | 150.25 | +0.040% | $154K | $85K | 10x | as long as short |
Lighter RH ORCL
BloFin ORCL-USDT
edgeX ORCLUSDC
Aster ORCLUSDT
SunX ORCL-USDT
Lighter ORCL
Injective ORCL/USDC PERP
tradeXYZ xyz:ORCL
Polymarket Perps ORCL-USD
SoDEX ORCL-USD
HTX ORCL-USDT
KuCoin ORCLUSDTM
ApeX Omni ORACLEUSDT
OKX ORCL-USDT-SWAP
Bitget ORCLUSDT
Gate ORCL_USDT
Variational Omni ORCL
Extended ORCL_24_5-USD
Binance ORCLUSDT
GRVT ORCL_USDT_Perp
Bybit ORCLUSDT
Phoenix ORCL