Funding you earn now, next payment 03:00 UTC+0.0018%/8h= +2.0% APRnext payment +$0.02 per $10,000 · paid last 24h +0.011%
Price spread now: tradeXYZ against Lighter RH−0.087%7-day average −0.045% · you buy dearer than you sell
Net, funding: paid 7d − costs−$23as in the Funding arb table
Net, price: spread back to 7d avg − costs−$32as in the Price arb table
costs, in and out, $10k−$280.278% of the position
Funding, last 7 days+0.048%+$5 on $10k
+Price spread, last 4 days (all we have)+0.080%+$8 · spread now −0.087%, 7d avg −0.045%
=Together, before fees+0.128%+ Points / potential airdropLighter RH: Points live · tradeXYZ: Active · farm board+$13 on $10k · with fees, hour by hour
Funding pays, the price is against you. tradeXYZ is 0.042% cheaper against Lighter RH than usual: you would sell low and buy high (spread −0.087% now, against its 7-day average of −0.045%). If the spread goes back, that is −$4 on $10k: about 7.7 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH ORCL | 149.70 | 0.0032 | pay 0.0004% / 1h | 0m 56s | $623K | $318K | 10x |
| Short | tradeXYZ xyz:ORCL | 149.57 | 0.0050 | get 0.0006% / 1h | 0m 56s | $21.6M | $6.8M | 10x |
Lighter RH ORCL
tradeXYZ xyz:ORCLFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $3.78
- Price spread: −0.087% → −0.045%
- −$4.18
- Slippage, 4 orders
- −$9.84
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$28.24
- Costs to cover
- 0.278%
- Break-even
- 59.3 days
Slippage from Lighter RH: live order book, 62 min ago; tradeXYZ: live order book, 8 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, 62 min ago | 1.67 bp | 3.6 bp −$4 | 12.7 bp −$127 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 8 min ago | 0.33 bp | 11.2 bp −$11 | 15.5 bp −$155 | 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 | −0.0819% | 4h | 149.72 | +0.016% | $28K | $214K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.56 | −0.095% | $94K | $16K | 20x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.95 | +0.167% | $2K | $2.7M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.72 | +0.013% | $52K | $23K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.70 | 0.000% | $474K | $51K | 10x | as long as short |
| Lighter RH ORCLlong | +0.0032% | 1h | 149.70 | long leg | $623K | $318K | 10x | |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.428% | $20K | $12K | 12x | as long as short |
| Arcus ORCL-USD | +0.0040% | 1h | 149.60 | −0.067% | $87K | $79K | 10x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.63 | −0.047% | — | $67K | 25x | as long as short |
| tradeXYZ xyz:ORCLshort | +0.0050% | 1h | 149.57 | −0.087% | $21.6M | $6.8M | 10x |
edgeX ORCLUSDC
Aster ORCLUSDT
SunX ORCL-USDT
HTX ORCL-USDT
Lighter ORCL
Injective ORCL/USDC PERP
Arcus ORCL-USD
Vest ORCL-USD-PERPShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 149.62 | −0.053% | $131K | $90K | 10x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 149.69 | −0.007% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 149.43 | −0.180% | $703K | $727K | 10x | as long as short |
| QFEX ORCL-USD | +0.0059% | 1h | 149.67 | −0.020% | $1.1M | $2.4M | 10x | as long as short |
| Bitget ORCLUSDT | +0.0082% | 8h | 149.79 | +0.060% | $7.7M | $4.0M | 20x | as long as short |
| Nado ORCL-PERP | +0.0098% | 1h | 149.53 | −0.114% | $92K | $18K | 10x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 149.69 | −0.007% | $22K | $265K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.71 | +0.007% | $190 | — | 10x | as long as short |
| Gate ORCL_USDT | +0.0146% | 8h | 149.78 | +0.053% | $2.3M | $2.9M | 25x | as long as short |
| Variational Omni ORCL | +0.0229% | 8h | 149.71 | +0.004% | $1.3M | $363K | — | as long as short |
| GRVT ORCL_USDT_Perp | +0.0260% | 8h | 149.72 | +0.013% | $2K | $178K | 10x | as long as short |
| Binance ORCLUSDT | +0.0301% | 8h | 149.71 | +0.007% | $25.1M | $35.6M | 20x | as long as short |
| Extended ORCL_24_5-USD | +0.0304% | 1h | 149.71 | +0.004% | $390K | $1.3M | 10x | as long as short |
| KuCoin ORCLUSDTM | +0.0377% | 8h | 149.79 | +0.060% | $262K | $277K | 20x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0383% | 8h | 149.71 | +0.007% | $4.9M | $5.6M | 20x | as long as short |
| Phoenix ORCL | +0.0536% | 1h | 149.60 | −0.067% | $153K | $75K | 10x | as long as short |
| Bybit ORCLUSDT | +0.0671% | 8h | 149.79 | +0.060% | $3.9M | $1.7M | 50x | as long as short |
| BloFin ORCL-USDT | +0.0671% | 8h | 149.84 | +0.094% | $47K | $43K | 20x | as long as short |
Polymarket Perps ORCL-USD
SoDEX ORCL-USD
Ondo Perps ORCL-USD.P
QFEX ORCL-USD
Bitget ORCLUSDT
Nado ORCL-PERP
ApeX Omni ORACLEUSDT
Orderly PERP_ORCL_USDC_mythos
Gate ORCL_USDT
Variational Omni ORCL
GRVT ORCL_USDT_Perp
Binance ORCLUSDT
Extended ORCL_24_5-USD
KuCoin ORCLUSDTM
OKX ORCL-USDT-SWAP
Phoenix ORCL
Bybit ORCLUSDT
BloFin ORCL-USDT