Funding you earn now, next payment 04:00 UTC−0.0196%/8h= −21.5% APRpaid last 24h −0.162%
Price spread now: edgeX against Lighter RH−0.020%80s7-day average +0.049% · you buy dearer than you sell
Net, funding: paid 7d − costs−$152as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$290.288% of the position
Funding, last 7 days−1.229%−$123 on $10k
+Price spread, last 4 days (all we have)+0.216%+$22 · spread now −0.020%, 7d avg +0.049%
=Together, before fees−1.014%+ Points / potential airdropLighter RH: Points live · edgeX: Active · farm board−$101 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and edgeX is 0.069% cheaper against Lighter RH than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of +0.049%). Swap the legs. The two prices were read 80 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH ORCL | 149.84 | 0.0032 | pay 0.0004% / 1h | 9m 56s | $625K | $314K | 10x |
| Short | edgeX ORCLUSDC | 149.81 | −0.0164 | pay 0.0082% / 4h | 9m 56s | $28K | $215K | 10x |
Lighter RH ORCL
edgeX ORCLUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- −$41.21
- Price spread: −0.020% → +0.049%
- −$6.95
- Slippage, 4 orders
- −$19.79
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$76.94
- Costs to cover
- 0.288%
- Break-even
- never at this rate
Slippage from Lighter RH: live order book, 48 min ago; edgeX: live order book, 47 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 RH live order book, 48 min ago | 2.01 bp | 2.9 bp −$3 | 9.6 bp −$96 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 47 min ago | 5.68 bp | 11.0 bp −$11 | 18.8 bp −$188 | 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 ORCLUSDCshort | −0.0164% | 4h | 149.81 | −0.020% | $28K | $215K | 10x | |
| Aster ORCLUSDT | 0.0000% | 8h | 149.71 | −0.090% | $94K | $16K | 20x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 150.09 | +0.167% | $3K | $2.7M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.84 | 0.000% | $52K | $24K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.89 | +0.033% | $475K | $51K | 10x | as long as short |
| Lighter RH ORCLlong | +0.0032% | 1h | 149.84 | long leg | $625K | $314K | 10x | |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.521% | $20K | $12K | 12x | as long as short |
| Arcus ORCL-USD | +0.0040% | 1h | 149.72 | −0.080% | $87K | $79K | 10x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.86 | +0.013% | — | $67K | 25x | as long as short |
| tradeXYZ xyz:ORCL | +0.0050% | 1h | 149.71 | −0.087% | $21.7M | $6.9M | 10x | as long as short |
Aster ORCLUSDT
SunX ORCL-USDT
HTX ORCL-USDT
Lighter ORCL
Injective ORCL/USDC PERP
Arcus ORCL-USD
Vest ORCL-USD-PERP
tradeXYZ xyz:ORCLShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 149.77 | −0.047% | $132K | $90K | 10x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 149.83 | −0.007% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 149.53 | −0.207% | $708K | $716K | 10x | as long as short |
| Bitget ORCLUSDT | +0.0051% | 8h | 149.90 | +0.040% | $7.7M | $3.9M | 20x | as long as short |
| Nado ORCL-PERP | +0.0059% | 1h | 149.71 | −0.085% | $91K | $20K | 10x | as long as short |
| QFEX ORCL-USD | +0.0080% | 1h | 149.81 | −0.020% | $1.1M | $2.2M | 10x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 149.82 | −0.013% | $22K | $263K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.81 | −0.020% | $191 | — | 10x | as long as short |
| Variational Omni ORCL | +0.0250% | 8h | 149.79 | −0.035% | $1.3M | $363K | — | as long as short |
| GRVT ORCL_USDT_Perp | +0.0256% | 8h | 149.83 | −0.006% | $2K | $177K | 10x | as long as short |
| Gate ORCL_USDT | +0.0279% | 8h | 149.89 | +0.033% | $2.3M | $3.0M | 25x | as long as short |
| Binance ORCLUSDT | +0.0327% | 8h | 149.86 | +0.013% | $25.2M | $35.4M | 20x | as long as short |
| Extended ORCL_24_5-USD | +0.0328% | 1h | 149.81 | −0.018% | $390K | $1.3M | 10x | as long as short |
| KuCoin ORCLUSDTM | +0.0374% | 8h | 149.88 | +0.027% | $262K | $276K | 20x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0398% | 8h | 149.91 | +0.047% | $5.0M | $5.8M | 20x | as long as short |
| Phoenix ORCL | +0.0481% | 1h | 149.71 | −0.087% | $153K | $75K | 10x | as long as short |
| Bybit ORCLUSDT | +0.0748% | 8h | 149.92 | +0.053% | $4.1M | $1.8M | 50x | as long as short |
| BloFin ORCL-USDT | +0.0755% | 8h | 149.93 | +0.060% | $47K | $43K | 20x | as long as short |
Polymarket Perps ORCL-USD
SoDEX ORCL-USD
Ondo Perps ORCL-USD.P
Bitget ORCLUSDT
Nado ORCL-PERP
QFEX ORCL-USD
ApeX Omni ORACLEUSDT
Orderly PERP_ORCL_USDC_mythos
Variational Omni ORCL
GRVT ORCL_USDT_Perp
Gate ORCL_USDT
Binance ORCLUSDT
Extended ORCL_24_5-USD
KuCoin ORCLUSDTM
OKX ORCL-USDT-SWAP
Phoenix ORCL
Bybit ORCLUSDT
BloFin ORCL-USDT