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
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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps ORCL-USD | 149.42 | 0.0089 | pay 0.0011% / 1h | 45m 52s | $131K | $91K | 10x |
| Short | Lighter RH ORCL | 149.45 | 0.0032 | get 0.0004% / 1h | 45m 52s | $622K | $323K | 10x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Polymarket Perps live order book, 26 min ago | 2.35 bp | 7.7 bp −$8 | 8.2 bp −$82 | doesn't fit | doesn't fit |
| Sell Lighter RH live order book, 26 min ago | 2.68 bp | 3.3 bp −$3 | 9.4 bp −$94 | doesn't fit | doesn't fit |
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 | −0.0694% | 4h | 149.52 | +0.069% | $28K | $214K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.51 | +0.062% | $94K | $16K | 20x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.68 | +0.174% | $3K | $2.8M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.68 | +0.174% | $52K | $22K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.54 | +0.080% | $474K | $50K | 10x | as long as short |
| Lighter RH ORCLshort | +0.0032% | 1h | 149.45 | +0.020% | $622K | $323K | 10x | |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.241% | $20K | $12K | 12x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.49 | +0.047% | — | $127K | 25x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 149.47 | +0.033% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 149.39 | −0.020% | $703K | $700K | 10x | as long as short |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Nado ORCL-PERP | +0.0058% | 1h | 149.38 | −0.026% | $92K | $18K | 10x | as long as short |
| QFEX ORCL-USD | +0.0075% | 1h | 149.48 | +0.040% | $1.1M | $2.8M | 10x | as long as short |
| Polymarket Perps ORCL-USDlong | +0.0089% | 1h | 149.42 | long leg | $131K | $91K | 10x | |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 149.61 | +0.127% | $22K | $266K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.51 | +0.060% | $190 | — | 10x | as long as short |
| Variational Omni ORCL | +0.0151% | 8h | 149.51 | +0.058% | $1.3M | $363K | — | as long as short |
| tradeXYZ xyz:ORCL | +0.0190% | 1h | 149.33 | −0.060% | $21.5M | $7.0M | 10x | as long as short |
| Gate ORCL_USDT | +0.0193% | 8h | 149.52 | +0.067% | $2.3M | $2.9M | 25x | as long as short |
| Extended ORCL_24_5-USD | +0.0200% | 1h | 149.45 | +0.020% | $386K | $1.7M | 10x | as long as short |
| Binance ORCLUSDT | +0.0201% | 8h | 149.48 | +0.037% | $25.1M | $35.1M | 20x | as long as short |
| GRVT ORCL_USDT_Perp | +0.0261% | 8h | 149.57 | +0.103% | $1K | $192K | 10x | as long as short |
| KuCoin ORCLUSDTM | +0.0295% | 8h | 149.59 | +0.114% | $260K | $252K | 20x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0323% | 8h | 149.46 | +0.027% | $4.8M | $5.5M | 20x | as long as short |
| Bitget ORCLUSDT | +0.0416% | 8h | 149.54 | +0.080% | $7.6M | $4.1M | 20x | as long as short |
| Arcus ORCL-USD | +0.0467% | 1h | 149.44 | +0.013% | $87K | $80K | 10x | as long as short |
| BloFin ORCL-USDT | +0.0600% | 8h | 149.75 | +0.221% | $47K | $51K | 20x | as long as short |
| Bybit ORCLUSDT | +0.0626% | 8h | 149.52 | +0.067% | $3.5M | $1.4M | 50x | as long as short |
| Phoenix ORCL | +0.0697% | 1h | 149.53 | +0.074% | $151K | $84K | 10x | as long as short |
Polymarket Perps ORCL-USD
Lighter RH ORCL
edgeX ORCLUSDC
Aster ORCLUSDT
SunX ORCL-USDT
HTX ORCL-USDT
Lighter ORCL
Injective ORCL/USDC PERP
SoDEX ORCL-USD
ApeX Omni ORACLEUSDT
Variational Omni ORCL
tradeXYZ xyz:ORCL
Gate ORCL_USDT
Extended ORCL_24_5-USD
Binance ORCLUSDT
GRVT ORCL_USDT_Perp
KuCoin ORCLUSDTM
OKX ORCL-USDT-SWAP
Bitget ORCLUSDT
BloFin ORCL-USDT
Bybit ORCLUSDT
Phoenix ORCL