Funding you earn now, next payment 07:00 UTC+0.0209%/8h= +22.9% APRpaid last 24h +0.085%
Price spread now: Gate against Lighter RH+0.040%7-day average +0.091% · you sell dearer than you buy
Net, funding: paid 7d − costs−$26as in the Funding arb table
Net, price: spread back to 7d avg − costs−$56as in the Price arb table
costs, in and out, $10k−$510.510% of the position
Funding, last 7 days+0.251%+$25 on $10k
+Price spread, last 4 days (all we have)+0.116%+$12 · spread now +0.040%, 7d avg +0.091%
=Together, before fees+0.367%+ Points / potential airdropLighter RH: Points live · farm board+$37 on $10k · with fees, hour by hour
Funding pays, the price is against you. Gate is 0.050% cheaper against Lighter RH than usual: you would sell low and buy high (spread +0.040% now, against its 7-day average of +0.091%). If the spread goes back, that is −$5 on $10k: about 19 hours of funding at the current rate (+$6 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH ORCL | 149.32 | 0.0032 | pay 0.0004% / 1h | 39m 14s | $622K | $322K | 10x |
| Short | Gate ORCL_USDT | 149.38 | 0.0241 | get 0.0241% / 8h | 1h 39m | $2.3M | $3.0M | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $43.89
- Price spread: +0.040% → +0.091%
- −$5.04
- Slippage, 4 orders
- −$36.01
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$12.16
- Costs to cover
- 0.510%
- Break-even
- 8.9 days
Slippage from Lighter RH: live order book, 3 min ago; Gate: live order book, 4 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, 3 min ago | 3.35 bp | 4.0 bp −$4 | 9.5 bp −$95 | doesn't fit | doesn't fit |
| Sell Gate live order book, 4 min ago | 4.35 bp | 14.5 bp −$15 | 22.9 bp −$229 | 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 | −0.0446% | 4h | 149.40 | +0.056% | $28K | $213K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.19 | −0.085% | $98K | $20K | 20x | as long as short |
| Bitget ORCLUSDT | 0.0000% | 8h | 149.43 | +0.074% | $7.7M | $3.8M | 20x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.56 | +0.161% | $3K | $2.7M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.57 | +0.167% | $52K | $25K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.41 | +0.060% | $475K | $52K | 10x | as long as short |
| Lighter RH ORCLlong | +0.0032% | 1h | 149.32 | long leg | $622K | $322K | 10x | |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.174% | $20K | $9K | 12x | as long as short |
| Arcus ORCL-USD | +0.0040% | 1h | 149.31 | −0.007% | $86K | $79K | 10x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.41 | +0.060% | — | $67K | 25x | as long as short |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 149.24 | −0.054% | $131K | $92K | 10x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 149.33 | +0.007% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 149.21 | −0.074% | $699K | $894K | 10x | as long as short |
| tradeXYZ xyz:ORCL | +0.0053% | 1h | 149.20 | −0.080% | $21.6M | $6.9M | 10x | as long as short |
| QFEX ORCL-USD | +0.0065% | 1h | 149.33 | +0.007% | $1.1M | $2.0M | 10x | as long as short |
| Nado ORCL-PERP | +0.0071% | 1h | 149.22 | −0.069% | $88K | $22K | 10x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 149.30 | −0.013% | $22K | $263K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.27 | −0.033% | $190 | — | 10x | as long as short |
| KuCoin ORCLUSDTM | +0.0165% | 8h | 149.34 | +0.013% | $240K | $281K | 20x | as long as short |
| GRVT ORCL_USDT_Perp | +0.0169% | 8h | 149.42 | +0.068% | $1K | $163K | 10x | as long as short |
| Variational Omni ORCL | +0.0175% | 8h | 149.40 | +0.053% | $1.2M | $423K | — | as long as short |
| Gate ORCL_USDTshort | +0.0241% | 8h | 149.38 | +0.040% | $2.3M | $3.0M | 25x | |
| OKX ORCL-USDT-SWAP | +0.0263% | 8h | 149.33 | +0.007% | $4.9M | $6.0M | 20x | as long as short |
| Extended ORCL_24_5-USD | +0.0264% | 1h | 149.28 | −0.027% | $388K | $1.6M | 10x | as long as short |
| Binance ORCLUSDT | +0.0265% | 8h | 149.32 | −0.001% | $24.9M | $36.8M | 20x | as long as short |
| Phoenix ORCL | +0.0429% | 1h | 149.35 | +0.020% | $153K | $75K | 10x | as long as short |
| BloFin ORCL-USDT | +0.0578% | 8h | 149.39 | +0.047% | $47K | $44K | 20x | as long as short |
| Bybit ORCLUSDT | +0.0597% | 8h | 149.34 | +0.013% | $4.1M | $1.9M | 50x | as long as short |
Lighter RH ORCL
Gate ORCL_USDT
edgeX ORCLUSDC
Aster ORCLUSDT
Bitget ORCLUSDT
SunX ORCL-USDT
HTX ORCL-USDT
Lighter ORCL
Injective ORCL/USDC PERP
Polymarket Perps ORCL-USD
SoDEX ORCL-USD
tradeXYZ xyz:ORCL
ApeX Omni ORACLEUSDT
KuCoin ORCLUSDTM
GRVT ORCL_USDT_Perp
Variational Omni ORCL
OKX ORCL-USDT-SWAP
Extended ORCL_24_5-USD
Binance ORCLUSDT
Phoenix ORCL
BloFin ORCL-USDT
Bybit ORCLUSDT