Funding you earn now, next payment 06:00 UTC−0.0029%/8h= −3.2% APRnext payment −$0.04 per $10,000 · paid last 24h −0.005%
Price spread now: Lighter RH against Nado+0.052%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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 RH: Points live · farm boardneeds both histories
The price spread pays, funding is against you. Lighter RH is 0.052% dearer against Nado than usual: you sell high and buy low (spread +0.052% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 6.0 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado ORCL-PERP | 149.36 | 0.0061 | pay 0.0008% / 1h | 7m 59s | $88K | $22K | 10x |
| Short | Lighter RH ORCL | 149.44 | 0.0032 | get 0.0004% / 1h | 7m 59s | $623K | $323K | 10x |
Nado ORCL-PERP
Lighter RH ORCLFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against Nado. 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
- −$6.04
- Price spread: +0.052% → 0.000%
- $5.18
- Slippage, 4 orders
- no order book: not counted
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$7.86
- Costs to cover
- 0.070%
- Break-even
- never at this rate
Slippage unknown: Nado: no order-book sample; Lighter RH: live order book, 39 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 RH live order book, 39 min ago | 1.67 bp | 2.4 bp −$2 | 7.4 bp −$74 | 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 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 | −0.0025% | 4h | 149.52 | +0.105% | $28K | $213K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.38 | +0.012% | $98K | $20K | 20x | as long as short |
| Bitget ORCLUSDT | 0.0000% | 8h | 149.54 | +0.119% | $7.7M | $3.7M | 20x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.67 | +0.206% | $3K | $2.7M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.55 | +0.125% | $52K | $25K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.52 | +0.105% | $474K | $51K | 10x | as long as short |
| Lighter RH ORCLshort | +0.0032% | 1h | 149.44 | +0.052% | $623K | $323K | 10x | |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.203% | $20K | $12K | 12x | as long as short |
| Arcus ORCL-USD | +0.0040% | 1h | 149.37 | +0.005% | $87K | $79K | 10x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.51 | +0.099% | — | $67K | 25x | as long as short |
edgeX ORCLUSDC
Aster ORCLUSDT
Bitget 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 | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:ORCL | +0.0050% | 1h | 149.35 | −0.008% | $21.6M | $6.9M | 10x | as long as short |
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 149.37 | +0.005% | $131K | $92K | 10x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 149.45 | +0.059% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 149.37 | +0.005% | $694K | $886K | 10x | as long as short |
| QFEX ORCL-USD | +0.0058% | 1h | 149.46 | +0.065% | $1.1M | $2.1M | 10x | as long as short |
| Nado ORCL-PERPlong | +0.0061% | 1h | 149.36 | long leg | $88K | $22K | 10x | |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 149.40 | +0.025% | $22K | $263K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.41 | +0.032% | $190 | — | 10x | as long as short |
| GRVT ORCL_USDT_Perp | +0.0172% | 8h | 149.53 | +0.113% | $1K | $164K | 10x | as long as short |
| Variational Omni ORCL | +0.0191% | 8h | 149.50 | +0.095% | $1.2M | $423K | — | as long as short |
| KuCoin ORCLUSDTM | +0.0227% | 8h | 149.49 | +0.085% | $240K | $285K | 20x | as long as short |
| Gate ORCL_USDT | +0.0249% | 8h | 149.51 | +0.099% | $2.3M | $3.0M | 25x | as long as short |
| Binance ORCLUSDT | +0.0280% | 8h | 149.46 | +0.063% | $25.0M | $35.8M | 20x | as long as short |
| Extended ORCL_24_5-USD | +0.0280% | 1h | 149.42 | +0.037% | $388K | $1.6M | 10x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0303% | 8h | 149.49 | +0.085% | $4.9M | $6.0M | 20x | as long as short |
| Phoenix ORCL | +0.0428% | 1h | 149.36 | −0.002% | $153K | $75K | 10x | as long as short |
| BloFin ORCL-USDT | +0.0609% | 8h | 149.67 | +0.206% | $47K | $44K | 20x | as long as short |
| Bybit ORCLUSDT | +0.0629% | 8h | 149.53 | +0.112% | $4.1M | $1.8M | 50x | as long as short |
tradeXYZ xyz:ORCL
Polymarket Perps ORCL-USD
SoDEX ORCL-USD
Ondo Perps ORCL-USD.P
QFEX ORCL-USD
ApeX Omni ORACLEUSDT
Orderly PERP_ORCL_USDC_mythos
GRVT ORCL_USDT_Perp
Variational Omni ORCL
KuCoin ORCLUSDTM
Gate ORCL_USDT
Binance ORCLUSDT
Extended ORCL_24_5-USD
OKX ORCL-USDT-SWAP
Phoenix ORCL
BloFin ORCL-USDT
Bybit ORCLUSDT