ORCL

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0012%/8h= −1.3% APRnext payment −$0.01 per $10,000 · paid last 24h −0.002%

Price spread now: Lighter against Nado+0.115%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Nado Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropNado: Active · Lighter: Season 3 · farm boardneeds both histories

The price spread pays, funding is against you. Lighter is 0.115% dearer against Nado than usual: you sell high and buy low (spread +0.115% now, against zero (this spread has no 7-day history yet)): +$11 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 33 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado ORCL-PERP	149.14	0.0044	pay 0.0005% / 1h	50m 53s	$92K	$18K	10x
Short	Lighter ORCL	149.31	0.0032	get 0.0004% / 1h	50m 53s	$473K	$51K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against Nado. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee NadobpFee LighterbpOrdersPrice spread, now +0.115%Rate

Funding earned: −$2.44
Price spread: +0.115% → 0.000%: $11.48
Slippage, 4 orders: no order book: not counted
Fee Nado: 3.5 bp × 2 orders: −$7
Fee Lighter: 0 bp × 2 orders: $0
Net: $2.04
Costs to cover: 0.070%
Break-even: from the start

Slippage unknown: Nado: no order-book sample; Lighter: live order book, 4 min ago. 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 Nado no order-book sample	—	—	—	—	—
Sell Lighter live order book, 4 min ago	6.36 bp	24.4 bp −$24	32.2 bp −$322	doesn't fit	doesn't fit

Nado: 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 27 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	−0.0172%	4h	149.24	+0.070%	$28K	$214K	10x	as long as short
Aster ORCLUSDT	0.0000%	8h	149.17	+0.020%	$93K	$16K	20x	as long as short
SunX ORCL-USDT	0.0000%	8h	149.50	+0.242%	$3K	$2.7M	10x	as long as short
HTX ORCL-USDT	0.0000%	8h	149.33	+0.128%	$52K	$23K	20x	as long as short
Lighter ORCLshort	+0.0032%	1h	149.31	+0.115%	$473K	$51K	10x
Lighter RH ORCL	+0.0032%	1h	149.26	+0.081%	$621K	$318K	10x	as long as short
Injective ORCL/USDC PERP	+0.0033%	1h	149.06	−0.053%	$20K	$12K	12x	as long as short
Arcus ORCL-USD	+0.0040%	1h	149.19	+0.034%	$86K	$80K	10x	as long as short
Nado ORCL-PERPlong	+0.0044%	1h	149.14	long leg	$92K	$18K	10x
Vest ORCL-USD-PERP	+0.0046%	1h	149.27	+0.088%	—	$67K	25x	as long as short

Show all 27 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
tradeXYZ xyz:ORCL	+0.0050%	1h	149.17	+0.021%	$21.5M	$6.8M	10x	as long as short
Polymarket Perps ORCL-USD	+0.0050%	1h	149.19	+0.034%	$131K	$90K	10x	as long as short
SoDEX ORCL-USD	+0.0050%	1h	149.27	+0.088%	$30K	$3K	10x	as long as short
Ondo Perps ORCL-USD.P	+0.0050%	1h	149.13	−0.006%	$696K	$717K	10x	as long as short
QFEX ORCL-USD	+0.0059%	1h	149.22	+0.054%	$1.1M	$2.7M	10x	as long as short
Gate ORCL_USDT	+0.0065%	8h	149.31	+0.115%	$2.3M	$2.9M	25x	as long as short
Bitget ORCLUSDT	+0.0093%	8h	149.35	+0.142%	$7.7M	$4.0M	20x	as long as short
ApeX Omni ORACLEUSDT	+0.0100%	1h	149.30	+0.108%	$22K	$267K	50x	as long as short
Orderly PERP_ORCL_USDC_mythos	+0.0100%	8h	149.23	+0.061%	$190	—	10x	as long as short
GRVT ORCL_USDT_Perp	+0.0159%	8h	149.29	+0.104%	$2K	$179K	10x	as long as short
Variational Omni ORCL	+0.0185%	8h	149.24	+0.068%	$1.3M	$363K	—	as long as short
Extended ORCL_24_5-USD	+0.0248%	1h	149.23	+0.061%	$389K	$1.3M	10x	as long as short
Binance ORCLUSDT	+0.0249%	8h	149.29	+0.101%	$24.9M	$35.4M	20x	as long as short
KuCoin ORCLUSDTM	+0.0325%	8h	149.42	+0.189%	$260K	$268K	20x	as long as short
OKX ORCL-USDT-SWAP	+0.0334%	8h	149.32	+0.122%	$4.9M	$5.5M	20x	as long as short
Bybit ORCLUSDT	+0.0492%	8h	149.37	+0.155%	$3.6M	$1.4M	50x	as long as short
Phoenix ORCL	+0.0536%	1h	149.16	+0.014%	$152K	$75K	10x	as long as short