Settings8H · net · $10k
Funding arb · Price arb /

ORCL

RWAall ORCL markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
Funding, last 7 days+0.245%+$24 on $10k
Price spread, last 7 daysno 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter RH ORCL150.190.0032pay 0.0004% / 1h49m 17s$620K$298K10x
ShortBloFin ORCL-USDT150.410.0655get 0.0655% / 8h4h 49m$48K$43K20x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Lighter RH live order book, 56 min ago2.67 bp3.7 bp −$48.7 bp −$87doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX ORCLUSDC−0.0699%4h150.54+0.236%$28K$216K10xas long as short
Aster ORCLUSDT0.0000%8h150.47+0.186%$106K$22K20xas long as short
SunX ORCL-USDT0.0000%8h150.47+0.186%$3K$2.3M10xas long as short
Nado ORCL-PERP+0.0016%1h150.190.000%$89K$5K10xas long as short
Lighter ORCL+0.0032%1h150.37+0.120%$480K$60K10xas long as short
Lighter RH ORCLlong+0.0032%1h150.19long leg$620K$298K10x
Injective ORCL/USDC PERP+0.0033%1h149.06−0.752%$20K$9K12xas long as short
Vest ORCL-USD-PERP+0.0046%1h150.39+0.133%25xas long as short
tradeXYZ xyz:ORCL+0.0050%1h150.21+0.013%$21.9M$6.6M10xas long as short
Polymarket Perps ORCL-USD+0.0050%1h150.25+0.040%$78K$151K10xas long as short
Show all 28 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SoDEX ORCL-USD+0.0050%1h150.35+0.107%$30K$3K10xas long as short
Ondo Perps ORCL-USD.P+0.0050%1h150.42+0.153%$698K$883K10xas long as short
QFEX ORCL-USD+0.0070%1h150.22+0.020%$1.1M$1.9M10xas long as short
HTX ORCL-USDT+0.0086%8h150.24+0.033%$52K$18K20xas long as short
KuCoin ORCLUSDTM+0.0100%8h150.35+0.107%$243K$501K20xas long as short
ApeX Omni ORACLEUSDT+0.0100%1h150.54+0.233%$23K$262K50xas long as short
Orderly PERP_ORCL_USDC_mythos+0.0100%8h150.26+0.047%$19110xas long as short
OKX ORCL-USDT-SWAP+0.0226%8h150.20+0.007%$5.0M$6.2M20xas long as short
Bitget ORCLUSDT+0.0234%8h150.32+0.087%$7.8M$2.4M20xas long as short
Gate ORCL_USDT+0.0238%8h150.36+0.113%$2.3M$2.8M25xas long as short
Variational Omni ORCL+0.0339%8h150.55+0.236%$1.2M$363Kas long as short
Extended ORCL_24_5-USD+0.0440%1h150.19+0.001%$390K$2.4M10xas long as short
Binance ORCLUSDT+0.0441%8h150.25+0.039%$25.5M$35.6M20xas long as short
Arcus ORCL-USD+0.0446%1h150.17−0.013%$87K$71K10xas long as short
GRVT ORCL_USDT_Perp+0.0570%8h150.57+0.253%$2K$138K10xas long as short
Bybit ORCLUSDT+0.0645%8h150.32+0.087%$4.2M$1.8M50xas long as short
BloFin ORCL-USDTshort+0.0655%8h150.41+0.146%$48K$43K20x
Phoenix ORCL+0.0692%1h150.25+0.040%$154K$85K10xas long as short