Funding you earn now, next payment 08:00 UTC−0.0018%/8h= −2.0% APRnext payment −$0.02 per $10,000 · paid last 24h −0.005%
Price spread now: Lighter RH against Ondo Perps+0.148%7-day average +0.052% · you sell dearer than you buy
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)−0.089%−$9 · spread now +0.148%, 7d avg +0.052%
=Together, before fees−0.121%+ Points / potential airdropOndo Perps: Active · Lighter RH: Points live · farm board−$12 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Lighter RH is 0.095% dearer against Ondo Perps than usual: you sell high and buy low (spread +0.148% now, against its 7-day average of +0.052%): +$10 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 17 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps ORCL-USD.P | 149.04 | 0.0050 | pay 0.0006% / 1h | 57m 27s | $698K | $856K | 10x |
| Short | Lighter RH ORCL | 149.26 | 0.0032 | get 0.0004% / 1h | 57m 27s | $622K | $316K | 10x |
Ondo Perps ORCL-USD.P
Lighter RH ORCLFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH 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: +0.148% → +0.052%
- $9.53
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- $0.67
- Costs to cover
- 0.050%
- Break-even
- from the start
Slippage unknown: Ondo Perps: no order-book sample; Lighter RH: live order book, 45 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 RH live order book, 45 min ago | 3.35 bp | 4.0 bp −$4 | 7.7 bp −$77 | 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 | −0.0507% | 4h | 149.29 | +0.166% | $28K | $213K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.09 | +0.031% | $97K | $20K | 20x | as long as short |
| Bitget ORCLUSDT | 0.0000% | 8h | 149.36 | +0.215% | $7.7M | $2.8M | 20x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.50 | +0.309% | $3K | $2.7M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.34 | +0.201% | $52K | $25K | 20x | as long as short |
| Lighter RH ORCLshort | +0.0032% | 1h | 149.26 | +0.148% | $622K | $316K | 10x | |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | +0.013% | $20K | $9K | 12x | as long as short |
| Arcus ORCL-USD | +0.0040% | 1h | 149.17 | +0.087% | $86K | $79K | 10x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.27 | +0.154% | — | $67K | 25x | as long as short |
| tradeXYZ xyz:ORCL | +0.0050% | 1h | 149.14 | +0.067% | $21.6M | $6.9M | 10x | as long as short |
edgeX ORCLUSDC
Aster ORCLUSDT
Bitget ORCLUSDT
SunX ORCL-USDT
HTX ORCL-USDT
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 | 149.18 | +0.094% | $131K | $92K | 10x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 149.24 | +0.134% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.Plong | +0.0050% | 1h | 149.04 | long leg | $698K | $856K | 10x | |
| QFEX ORCL-USD | +0.0057% | 1h | 149.24 | +0.134% | $1.1M | $2.0M | 10x | as long as short |
| Nado ORCL-PERP | +0.0076% | 1h | 149.11 | +0.050% | $88K | $22K | 10x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 149.29 | +0.168% | $22K | $263K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.20 | +0.107% | $190 | — | 10x | as long as short |
| KuCoin ORCLUSDTM | +0.0111% | 8h | 149.33 | +0.195% | $240K | $274K | 20x | as long as short |
| Lighter ORCL | +0.0128% | 1h | 149.30 | +0.174% | $473K | $54K | 10x | as long as short |
| Variational Omni ORCL | +0.0163% | 8h | 149.24 | +0.137% | $1.2M | $421K | — | as long as short |
| GRVT ORCL_USDT_Perp | +0.0176% | 8h | 149.30 | +0.174% | $1K | $161K | 10x | as long as short |
| Gate ORCL_USDT | +0.0210% | 8h | 149.31 | +0.181% | $2.3M | $2.9M | 25x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0249% | 8h | 149.25 | +0.141% | $4.9M | $6.0M | 20x | as long as short |
| Binance ORCLUSDT | +0.0259% | 8h | 149.21 | +0.114% | $24.9M | $36.5M | 20x | as long as short |
| Extended ORCL_24_5-USD | +0.0264% | 1h | 149.20 | +0.110% | $388K | $1.4M | 10x | as long as short |
| Phoenix ORCL | +0.0429% | 1h | 149.22 | +0.121% | $153K | $72K | 10x | as long as short |
| Bybit ORCLUSDT | +0.0572% | 8h | 149.28 | +0.161% | $4.1M | $1.9M | 50x | as long as short |
| BloFin ORCL-USDT | +0.0573% | 8h | 149.41 | +0.248% | $47K | $44K | 20x | as long as short |
Polymarket Perps ORCL-USD
SoDEX ORCL-USD
QFEX ORCL-USD
Nado ORCL-PERP
ApeX Omni ORACLEUSDT
Orderly PERP_ORCL_USDC_mythos
KuCoin ORCLUSDTM
Lighter ORCL
Variational Omni ORCL
GRVT ORCL_USDT_Perp
Gate ORCL_USDT
OKX ORCL-USDT-SWAP
Binance ORCLUSDT
Extended ORCL_24_5-USD
Phoenix ORCL
Bybit ORCLUSDT
BloFin ORCL-USDT