Funding you earn now, next payment 04:00 UTC+0.0353%/8h= +38.7% APRpaid last 24h +0.038%
Price spread now: KuCoin against Lighter RH−0.013%7-day average +0.067% · you buy dearer than you sell
Net, funding: paid 7d − costs−$162as in the Funding arb table
Net, price: spread back to 7d avg − costs−$187as in the Price arb table
costs, in and out, $10k−$1781.785% of the position
Funding, last 7 days+0.168%+$17 on $10k
+Price spread, last 4 days (all we have)+0.199%+$20 · spread now −0.013%, 7d avg +0.067%
=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. KuCoin is 0.081% cheaper against Lighter RH than usual: you would sell low and buy high (spread −0.013% now, against its 7-day average of +0.067%). If the spread goes back, that is −$8 on $10k: about 18 hours of funding at the current rate (+$11 a day). At the pace of the last 7 days (+0.168% in total) that is about 3.4 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.168% in total (about 8.8% 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 RH ORCL | 149.79 | 0.0032 | pay 0.0004% / 1h | 33m 15s | $625K | $313K | 10x |
| Short | KuCoin ORCLUSDTM | 149.77 | 0.0385 | get 0.0385% / 8h | 4h 33m | $262K | $275K | 20x |
Lighter RH ORCL
KuCoin ORCLUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $74.13
- Price spread: −0.013% → +0.067%
- −$8.06
- Slippage, 4 orders
- −$166.47
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$112.41
- Costs to cover
- 1.785%
- Break-even
- 17.6 days
Slippage from Lighter RH: live order book, 24 min ago; KuCoin: live order book, 48 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, 24 min ago | 2.01 bp | 2.9 bp −$3 | 9.6 bp −$96 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 48 min ago | 6.68 bp | 106.2 bp −$106 | doesn't fit | 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 | −0.0719% | 4h | 149.78 | −0.004% | $28K | $214K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.61 | −0.120% | $94K | $16K | 20x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 150.05 | +0.174% | $3K | $2.7M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.87 | +0.053% | $52K | $24K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.80 | +0.007% | $475K | $51K | 10x | as long as short |
| Lighter RH ORCLlong | +0.0032% | 1h | 149.79 | long leg | $625K | $313K | 10x | |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.487% | $20K | $12K | 12x | as long as short |
| Arcus ORCL-USD | +0.0040% | 1h | 149.67 | −0.080% | $87K | $79K | 10x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.81 | +0.013% | — | $67K | 25x | as long as short |
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 149.75 | −0.027% | $131K | $90K | 10x | as long as short |
edgeX ORCLUSDC
Aster ORCLUSDT
SunX ORCL-USDT
HTX ORCL-USDT
Lighter 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 | 149.79 | 0.000% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 149.61 | −0.120% | $703K | $718K | 10x | as long as short |
| Bitget ORCLUSDT | +0.0054% | 8h | 149.90 | +0.073% | $7.7M | $3.9M | 20x | as long as short |
| Nado ORCL-PERP | +0.0066% | 1h | 149.63 | −0.104% | $91K | $20K | 10x | as long as short |
| tradeXYZ xyz:ORCL | +0.0072% | 1h | 149.68 | −0.073% | $21.6M | $6.8M | 10x | as long as short |
| QFEX ORCL-USD | +0.0080% | 1h | 149.78 | −0.007% | $1.1M | $2.3M | 10x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 149.85 | +0.040% | $22K | $263K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.79 | 0.000% | $191 | — | 10x | as long as short |
| Gate ORCL_USDT | +0.0200% | 8h | 149.87 | +0.053% | $2.3M | $2.9M | 25x | as long as short |
| Variational Omni ORCL | +0.0243% | 8h | 149.78 | −0.004% | $1.3M | $363K | — | as long as short |
| GRVT ORCL_USDT_Perp | +0.0270% | 8h | 149.81 | +0.013% | $2K | $177K | 10x | as long as short |
| Extended ORCL_24_5-USD | +0.0320% | 1h | 149.79 | +0.002% | $388K | $1.3M | 10x | as long as short |
| Binance ORCLUSDT | +0.0322% | 8h | 149.83 | +0.027% | $25.1M | $35.6M | 20x | as long as short |
| KuCoin ORCLUSDTMshort | +0.0385% | 8h | 149.77 | −0.013% | $262K | $275K | 20x | |
| OKX ORCL-USDT-SWAP | +0.0403% | 8h | 149.84 | +0.033% | $5.0M | $5.7M | 20x | as long as short |
| Phoenix ORCL | +0.0481% | 1h | 149.74 | −0.033% | $153K | $75K | 10x | as long as short |
| Bybit ORCLUSDT | +0.0764% | 8h | 149.93 | +0.093% | $4.1M | $1.8M | 50x | as long as short |
| BloFin ORCL-USDT | +0.0766% | 8h | 149.93 | +0.093% | $47K | $43K | 20x | 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
Variational Omni ORCL
GRVT ORCL_USDT_Perp
Extended ORCL_24_5-USD
Binance ORCLUSDT
OKX ORCL-USDT-SWAP
Phoenix ORCL
Bybit ORCLUSDT
BloFin ORCL-USDT