Funding you earn now, next payment 09:00 UTC+0.0018%/8h= +2.0% APRnext payment +$0.02 per $10,000 · paid last 24h +0.005%
Price spread now: Ondo Perps against Lighter RH−0.128%56s7-day average −0.055% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.033%+$3 on $10k
+Price spread, last 4 days (all we have)+0.203%+$20 · spread now −0.128%, 7d avg −0.055%
=Together, before fees+0.236%+ Points / potential airdropLighter RH: Points live · Ondo Perps: Active · farm board+$24 on $10k · with fees, hour by hour
Funding pays, the price is against you. Ondo Perps is 0.073% cheaper against Lighter RH than usual: you would sell low and buy high (spread −0.128% now, against its 7-day average of −0.055%). If the spread goes back, that is −$7 on $10k: about 13 days of funding at the current rate (+$1 a day). The two prices were read 56 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 | 148.88 | 0.0032 | pay 0.0004% / 1h | 19m 43s | $604K | $317K | 10x |
| Short | Ondo Perps ORCL-USD.P | 148.69 | 0.0050 | get 0.0006% / 1h | 19m 43s | $711K | $840K | 10x |
Lighter RH ORCL
Ondo Perps ORCL-USD.PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps 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
- $3.86
- Price spread: −0.128% → −0.055%
- −$7.26
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$8.4
- Costs to cover
- 0.050%
- Break-even
- 22.2 days
Slippage unknown: Lighter RH: live order book, 13 min ago; Ondo Perps: 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, 13 min ago | 0.67 bp | 1.3 bp −$1 | 6.7 bp −$67 | doesn't fit | doesn't fit |
| Sell Ondo Perps no order-book sample | — | — | — | — | — |
Ondo Perps: 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 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 | −0.0881% | 4h | 148.55 | −0.224% | $28K | $214K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 148.73 | −0.099% | $97K | $20K | 20x | as long as short |
| Bitget ORCLUSDT | 0.0000% | 8h | 148.99 | +0.074% | $7.7M | $2.6M | 20x | as long as short |
| GRVT ORCL_USDT_Perp | 0.0000% | 8h | 148.57 | −0.210% | $1K | $148K | 10x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.08 | +0.134% | $2K | $2.6M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 148.67 | −0.141% | $52K | $25K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 148.88 | 0.000% | $475K | $59K | 10x | as long as short |
| Lighter RH ORCLlong | +0.0032% | 1h | 148.88 | long leg | $604K | $317K | 10x | |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | +0.121% | $20K | $9K | 12x | as long as short |
| Arcus ORCL-USD | +0.0040% | 1h | 148.73 | −0.101% | $86K | $79K | 10x | as long as short |
edgeX ORCLUSDC
Aster ORCLUSDT
Bitget ORCLUSDT
GRVT ORCL_USDT_Perp
SunX ORCL-USDT
HTX ORCL-USDT
Lighter ORCL
Injective ORCL/USDC PERP
Arcus ORCL-USDShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest ORCL-USD-PERP | +0.0046% | 1h | 148.69 | −0.128% | — | $67K | 25x | as long as short |
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 148.70 | −0.121% | $130K | $70K | 10x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 148.82 | −0.040% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.Pshort | +0.0050% | 1h | 148.69 | −0.128% | $711K | $840K | 10x | |
| Nado ORCL-PERP | +0.0059% | 1h | 148.64 | −0.164% | $88K | $22K | 10x | as long as short |
| QFEX ORCL-USD | +0.0065% | 1h | 148.80 | −0.054% | $1.1M | $1.9M | 10x | as long as short |
| tradeXYZ xyz:ORCL | +0.0095% | 1h | 148.78 | −0.067% | $21.7M | $6.8M | 10x | as long as short |
| KuCoin ORCLUSDTM | +0.0100% | 8h | 148.69 | −0.128% | $241K | $329K | 20x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 148.53 | −0.235% | $22K | $262K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 148.76 | −0.081% | $189 | — | 10x | as long as short |
| Variational Omni ORCL | +0.0112% | 8h | 148.82 | −0.038% | $1.2M | $428K | — | as long as short |
| OKX ORCL-USDT-SWAP | +0.0190% | 8h | 148.96 | +0.054% | $4.9M | $5.9M | 20x | as long as short |
| Extended ORCL_24_5-USD | +0.0192% | 1h | 148.82 | −0.042% | $386K | $2.1M | 10x | as long as short |
| Binance ORCLUSDT | +0.0197% | 8h | 148.92 | +0.029% | $25.1M | $36.2M | 20x | as long as short |
| Gate ORCL_USDT | +0.0326% | 8h | 149.02 | +0.094% | $2.3M | $2.9M | 25x | as long as short |
| BloFin ORCL-USDT | +0.0432% | 8h | 148.71 | −0.114% | $48K | $45K | 20x | as long as short |
| Bybit ORCLUSDT | +0.0515% | 8h | 148.94 | +0.040% | $4.1M | $1.8M | 50x | as long as short |
| Phoenix ORCL | +0.0537% | 1h | 148.35 | −0.356% | $152K | $73K | 10x | as long as short |
Vest ORCL-USD-PERP
Polymarket Perps ORCL-USD
SoDEX ORCL-USD
Nado ORCL-PERP
QFEX ORCL-USD
tradeXYZ xyz:ORCL
KuCoin ORCLUSDTM
ApeX Omni ORACLEUSDT
Orderly PERP_ORCL_USDC_mythos
Variational Omni ORCL
OKX ORCL-USDT-SWAP
Extended ORCL_24_5-USD
Binance ORCLUSDT
Gate ORCL_USDT
BloFin ORCL-USDT
Bybit ORCLUSDT
Phoenix ORCL