Funding you earn now, next payment 04:00 UTC−0.0018%/8h= −2.0% APRnext payment −$0.02 per $10,000 · paid last 24h −0.006%
Price spread now: Lighter against Ondo Perps+0.207%7-day average +0.135% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.068%+$7 on $10k
+Price spread, last 4 days (all we have)−0.049%−$5 · spread now +0.207%, 7d avg +0.135%
=Together, before fees+0.019%+ Points / potential airdropOndo Perps: Active · Lighter: Season 3 · farm board+$2 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Lighter is 0.072% dearer against Ondo Perps than usual: you sell high and buy low (spread +0.207% now, against its 7-day average of +0.135%): +$7 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 13 days. Mind the row above: over the last 7 days funding on this pair paid +0.068%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps ORCL-USD.P | 149.53 | 0.0050 | pay 0.0006% / 1h | 11m 45s | $708K | $716K | 10x |
| Short | Lighter ORCL | 149.84 | 0.0032 | get 0.0004% / 1h | 11m 45s | $475K | $51K | 10x |
Ondo Perps ORCL-USD.P
Lighter ORCLFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Ondo Perps. 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: +0.207% → +0.135%
- $7.25
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$1.61
- Costs to cover
- 0.050%
- Break-even
- from the start
Slippage unknown: Ondo Perps: no order-book sample; Lighter: live order book, 38 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 Ondo Perps no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 38 min ago | 5.34 bp | 22.8 bp −$23 | 24.0 bp −$240 | doesn't fit | doesn't fit |
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 | −0.0164% | 4h | 149.81 | +0.187% | $28K | $215K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.67 | +0.094% | $94K | $16K | 20x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 150.03 | +0.334% | $3K | $2.7M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.84 | +0.207% | $52K | $24K | 20x | as long as short |
| Lighter ORCLshort | +0.0032% | 1h | 149.84 | +0.207% | $475K | $51K | 10x | |
| Lighter RH ORCL | +0.0032% | 1h | 149.79 | +0.174% | $625K | $314K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.314% | $20K | $12K | 12x | as long as short |
| Arcus ORCL-USD | +0.0040% | 1h | 149.73 | +0.134% | $87K | $79K | 10x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.85 | +0.214% | — | $67K | 25x | as long as short |
| tradeXYZ xyz:ORCL | +0.0050% | 1h | 149.65 | +0.080% | $21.7M | $6.8M | 10x | as long as short |
edgeX ORCLUSDC
Aster ORCLUSDT
SunX ORCL-USDT
HTX ORCL-USDT
Lighter RH ORCL
Injective ORCL/USDC PERP
Arcus ORCL-USD
Vest ORCL-USD-PERP
tradeXYZ xyz:ORCLShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 149.74 | +0.140% | $131K | $90K | 10x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 149.77 | +0.161% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.Plong | +0.0050% | 1h | 149.53 | long leg | $708K | $716K | 10x | |
| Bitget ORCLUSDT | +0.0054% | 8h | 149.89 | +0.241% | $7.7M | $3.9M | 20x | as long as short |
| Nado ORCL-PERP | +0.0059% | 1h | 149.66 | +0.090% | $91K | $20K | 10x | as long as short |
| QFEX ORCL-USD | +0.0080% | 1h | 149.76 | +0.154% | $1.1M | $2.2M | 10x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 149.82 | +0.194% | $22K | $263K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.77 | +0.161% | $191 | — | 10x | as long as short |
| Variational Omni ORCL | +0.0249% | 8h | 149.84 | +0.206% | $1.3M | $363K | — | as long as short |
| GRVT ORCL_USDT_Perp | +0.0256% | 8h | 149.83 | +0.201% | $2K | $177K | 10x | as long as short |
| Gate ORCL_USDT | +0.0272% | 8h | 149.87 | +0.227% | $2.3M | $3.0M | 25x | as long as short |
| Binance ORCLUSDT | +0.0325% | 8h | 149.82 | +0.194% | $25.2M | $35.4M | 20x | as long as short |
| Extended ORCL_24_5-USD | +0.0328% | 1h | 149.78 | +0.166% | $390K | $1.3M | 10x | as long as short |
| KuCoin ORCLUSDTM | +0.0373% | 8h | 149.87 | +0.227% | $262K | $276K | 20x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0396% | 8h | 149.82 | +0.194% | $5.0M | $5.7M | 20x | as long as short |
| Phoenix ORCL | +0.0481% | 1h | 149.71 | +0.120% | $153K | $75K | 10x | as long as short |
| BloFin ORCL-USDT | +0.0723% | 8h | 149.91 | +0.254% | $47K | $43K | 20x | as long as short |
| Bybit ORCLUSDT | +0.0747% | 8h | 149.90 | +0.247% | $4.1M | $1.8M | 50x | as long as short |
Polymarket Perps ORCL-USD
SoDEX ORCL-USD
Bitget ORCLUSDT
Nado ORCL-PERP
QFEX ORCL-USD
ApeX Omni ORACLEUSDT
Orderly PERP_ORCL_USDC_mythos
Variational Omni ORCL
GRVT ORCL_USDT_Perp
Gate ORCL_USDT
Binance ORCLUSDT
Extended ORCL_24_5-USD
KuCoin ORCLUSDTM
OKX ORCL-USDT-SWAP
Phoenix ORCL
BloFin ORCL-USDT
Bybit ORCLUSDT