Funding you earn now, next payment 10:00 UTC−0.0068%/8h= −7.4% APRpaid last 24h −0.020%
Price spread now: Lighter against Orderly+0.027%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
The price spread pays, funding is against you. Lighter is 0.027% dearer against Orderly than usual: you sell high and buy low (spread +0.027% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 31 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_ORCL_USDC_mythos | 149.45 | 0.0100 | pay 0.0100% / 8h | 6h 07m | $190 | — | 10x |
| Short | Lighter ORCL | 149.49 | 0.0032 | get 0.0004% / 1h | 7m 58s | $477K | $59K | 10x |
Orderly PERP_ORCL_USDC_mythos
Lighter ORCLFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Orderly. 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
- −$14.28
- Price spread: +0.027% → 0.000%
- $2.68
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$17.6
- Costs to cover
- 0.060%
- Break-even
- never at this rate
Slippage unknown: Orderly: no order-book sample; Lighter: 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 Orderly no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 39 min ago | 5.68 bp | 23.4 bp −$23 | 25.1 bp −$251 | doesn't fit | doesn't fit |
Orderly: 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 exchanges
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 | −0.0849% | 4h | 149.43 | −0.015% | $28K | $213K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.50 | +0.033% | $105K | $22K | 20x | as long as short |
| Bitget ORCLUSDT | 0.0000% | 8h | 149.55 | +0.067% | $7.7M | $2.4M | 20x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.72 | +0.181% | $3K | $2.4M | 10x | as long as short |
| Lighter ORCLshort | +0.0032% | 1h | 149.49 | +0.027% | $477K | $59K | 10x | |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.261% | $20K | $9K | 12x | as long as short |
| HTX ORCL-USDT | +0.0039% | 8h | 149.43 | −0.013% | $52K | $24K | 20x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.39 | −0.040% | — | $43K | 25x | as long as short |
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 149.39 | −0.040% | $131K | $69K | 10x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 149.47 | +0.013% | $30K | $3K | 10x | as long as short |
edgeX ORCLUSDC
Aster ORCLUSDT
Bitget ORCLUSDT
SunX ORCL-USDT
Injective ORCL/USDC PERP
HTX ORCL-USDT
Vest ORCL-USD-PERP
Polymarket Perps ORCL-USD
SoDEX ORCL-USDShow all 28 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 149.18 | −0.181% | $698K | $843K | 10x | as long as short |
| Lighter RH ORCL | +0.0056% | 1h | 149.44 | −0.007% | $614K | $285K | 10x | as long as short |
| Nado ORCL-PERP | +0.0062% | 1h | 149.26 | −0.125% | $88K | $22K | 10x | as long as short |
| QFEX ORCL-USD | +0.0075% | 1h | 149.45 | 0.000% | $1.1M | $2.0M | 10x | as long as short |
| KuCoin ORCLUSDTM | +0.0100% | 8h | 149.48 | +0.020% | $242K | $411K | 20x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 149.37 | −0.054% | $22K | $263K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythoslong | +0.0100% | 8h | 149.45 | long leg | $190 | — | 10x | |
| tradeXYZ xyz:ORCL | +0.0153% | 1h | 149.33 | −0.080% | $21.8M | $6.7M | 10x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0209% | 8h | 149.46 | +0.007% | $5.0M | $5.9M | 20x | as long as short |
| Variational Omni ORCL | +0.0215% | 8h | 149.44 | −0.009% | $1.2M | $400K | — | as long as short |
| Binance ORCLUSDT | +0.0316% | 8h | 149.50 | +0.033% | $25.2M | $35.1M | 20x | as long as short |
| Extended ORCL_24_5-USD | +0.0320% | 1h | 149.45 | +0.001% | $387K | $2.1M | 10x | as long as short |
| Gate ORCL_USDT | +0.0374% | 8h | 149.59 | +0.094% | $2.3M | $2.9M | 25x | as long as short |
| Arcus ORCL-USD | +0.0415% | 1h | 149.38 | −0.047% | $87K | $71K | 10x | as long as short |
| GRVT ORCL_USDT_Perp | +0.0441% | 8h | 149.43 | −0.013% | $1K | $139K | 10x | as long as short |
| Phoenix ORCL | +0.0589% | 1h | 149.32 | −0.087% | $153K | $72K | 10x | as long as short |
| BloFin ORCL-USDT | +0.0608% | 8h | 149.52 | +0.047% | $48K | $45K | 20x | as long as short |
| Bybit ORCLUSDT | +0.0616% | 8h | 149.54 | +0.060% | $4.1M | $1.8M | 50x | as long as short |
Ondo Perps ORCL-USD.P
Lighter RH ORCL
Nado ORCL-PERP
QFEX ORCL-USD
KuCoin ORCLUSDTM
ApeX Omni ORACLEUSDT
tradeXYZ xyz:ORCL
OKX ORCL-USDT-SWAP
Variational Omni ORCL
Binance ORCLUSDT
Extended ORCL_24_5-USD
Gate ORCL_USDT
Arcus ORCL-USD
GRVT ORCL_USDT_Perp
Phoenix ORCL
BloFin ORCL-USDT
Bybit ORCLUSDT