Settings8H · net · $10k
Funding arb · Price arb /

ORCL

RWAall ORCL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0057%/8h= −6.3% APRnext payment $0.07 per $10,000 · paid last 24h −0.006%
Price spread now: Lighter RH against Polymarket Perps+0.020%7-day average +0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$26as in the Funding arb table
Net, price: spread back to 7d avg − costs−$19as in the Price arb table
costs, in and out, $10k−$210.206% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.054%−$5 on $10k
Price spread, last 4 days (all we have)−0.076%−$8 · spread now +0.020%, 7d avg +0.001%
Together, before fees−0.131%+ Points / potential airdropLighter RH: Points live · farm board−$13 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.001%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps ORCL-USD149.420.0089pay 0.0011% / 1h45m 52s$131K$91K10x
ShortLighter RH ORCL149.450.0032get 0.0004% / 1h45m 52s$622K$323K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter RH against Polymarket Perps. 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

Funding earned
−$12.05
Price spread: +0.020% → +0.001%
$1.87
Slippage, 4 orders
−$12.57
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee Lighter RH: 0 bp × 2 orders
$0
Net
−$30.75
Costs to cover
0.206%
Break-even
never at this rate
Slippage from Polymarket Perps: live order book, 26 min ago; Lighter RH: live order book, 26 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Polymarket Perps live order book, 26 min ago2.35 bp7.7 bp −$88.2 bp −$82doesn't fitdoesn't fit
Sell Lighter RH live order book, 26 min ago2.68 bp3.3 bp −$39.4 bp −$94doesn't fitdoesn't fit

ORCL on 28 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX ORCLUSDC−0.0694%4h149.52+0.069%$28K$214K10xas long as short
Aster ORCLUSDT0.0000%8h149.51+0.062%$94K$16K20xas long as short
SunX ORCL-USDT0.0000%8h149.68+0.174%$3K$2.8M10xas long as short
HTX ORCL-USDT0.0000%8h149.68+0.174%$52K$22K20xas long as short
Lighter ORCL+0.0032%1h149.54+0.080%$474K$50K10xas long as short
Lighter RH ORCLshort+0.0032%1h149.45+0.020%$622K$323K10x
Injective ORCL/USDC PERP+0.0033%1h149.06−0.241%$20K$12K12xas long as short
Vest ORCL-USD-PERP+0.0046%1h149.49+0.047%$127K25xas long as short
SoDEX ORCL-USD+0.0050%1h149.47+0.033%$30K$3K10xas long as short
Ondo Perps ORCL-USD.P+0.0050%1h149.39−0.020%$703K$700K10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado ORCL-PERP+0.0058%1h149.38−0.026%$92K$18K10xas long as short
QFEX ORCL-USD+0.0075%1h149.48+0.040%$1.1M$2.8M10xas long as short
Polymarket Perps ORCL-USDlong+0.0089%1h149.42long leg$131K$91K10x
ApeX Omni ORACLEUSDT+0.0100%1h149.61+0.127%$22K$266K50xas long as short
Orderly PERP_ORCL_USDC_mythos+0.0100%8h149.51+0.060%$19010xas long as short
Variational Omni ORCL+0.0151%8h149.51+0.058%$1.3M$363Kas long as short
tradeXYZ xyz:ORCL+0.0190%1h149.33−0.060%$21.5M$7.0M10xas long as short
Gate ORCL_USDT+0.0193%8h149.52+0.067%$2.3M$2.9M25xas long as short
Extended ORCL_24_5-USD+0.0200%1h149.45+0.020%$386K$1.7M10xas long as short
Binance ORCLUSDT+0.0201%8h149.48+0.037%$25.1M$35.1M20xas long as short
GRVT ORCL_USDT_Perp+0.0261%8h149.57+0.103%$1K$192K10xas long as short
KuCoin ORCLUSDTM+0.0295%8h149.59+0.114%$260K$252K20xas long as short
OKX ORCL-USDT-SWAP+0.0323%8h149.46+0.027%$4.8M$5.5M20xas long as short
Bitget ORCLUSDT+0.0416%8h149.54+0.080%$7.6M$4.1M20xas long as short
Arcus ORCL-USD+0.0467%1h149.44+0.013%$87K$80K10xas long as short
BloFin ORCL-USDT+0.0600%8h149.75+0.221%$47K$51K20xas long as short
Bybit ORCLUSDT+0.0626%8h149.52+0.067%$3.5M$1.4M50xas long as short
Phoenix ORCL+0.0697%1h149.53+0.074%$151K$84K10xas long as short