Funding you earn now, next payment 09:00 UTC−0.0018%/8h= −2.0% APRnext payment −$0.02 per $10,000 · paid last 24h −0.005%
Price spread now: Lighter against SoDEX+0.020%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 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 0.020% dearer against SoDEX than usual: you sell high and buy low (spread +0.020% now, against zero (this spread has no 7-day history yet)): +$2 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 3.7 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SoDEX ORCL-USD | 148.82 | 0.0050 | pay 0.0006% / 1h | 20m 00s | $30K | $3K | 10x |
| Short | Lighter ORCL | 148.85 | 0.0032 | get 0.0004% / 1h | 20m 00s | $475K | $59K | 10x |
SoDEX ORCL-USD
Lighter ORCLFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against SoDEX. 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
- −$3.78
- Price spread: +0.020% → 0.000%
- $2.02
- Slippage, 4 orders
- no order book: not counted
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$9.76
- Costs to cover
- 0.080%
- Break-even
- never at this rate
Slippage unknown: SoDEX: no order-book sample; Lighter: live order book, 5 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 SoDEX no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 5 min ago | 10.09 bp | 29.1 bp −$29 | 31.4 bp −$314 | doesn't fit | doesn't fit |
SoDEX: 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 | −0.0881% | 4h | 148.55 | −0.184% | $28K | $214K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 148.69 | −0.085% | $97K | $20K | 20x | as long as short |
| Bitget ORCLUSDT | 0.0000% | 8h | 148.94 | +0.081% | $7.7M | $2.6M | 20x | as long as short |
| GRVT ORCL_USDT_Perp | 0.0000% | 8h | 148.57 | −0.170% | $1K | $148K | 10x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.08 | +0.175% | $2K | $2.6M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 148.67 | −0.101% | $52K | $25K | 20x | as long as short |
| Lighter ORCLshort | +0.0032% | 1h | 148.85 | +0.020% | $475K | $59K | 10x | |
| Lighter RH ORCL | +0.0032% | 1h | 148.82 | 0.000% | $603K | $317K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | +0.161% | $20K | $9K | 12x | as long as short |
| Arcus ORCL-USD | +0.0040% | 1h | 148.73 | −0.060% | $86K | $79K | 10x | as long as short |
edgeX ORCLUSDC
Aster ORCLUSDT
Bitget ORCLUSDT
GRVT ORCL_USDT_Perp
SunX ORCL-USDT
HTX ORCL-USDT
Lighter RH ORCL
Injective ORCL/USDC PERP
Arcus ORCL-USDShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest ORCL-USD-PERP | +0.0046% | 1h | 148.69 | −0.087% | — | $67K | 25x | as long as short |
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 148.70 | −0.081% | $130K | $70K | 10x | as long as short |
| SoDEX ORCL-USDlong | +0.0050% | 1h | 148.82 | long leg | $30K | $3K | 10x | |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 148.69 | −0.087% | $711K | $840K | 10x | as long as short |
| Nado ORCL-PERP | +0.0059% | 1h | 148.64 | −0.124% | $88K | $22K | 10x | as long as short |
| QFEX ORCL-USD | +0.0065% | 1h | 148.80 | −0.013% | $1.1M | $1.9M | 10x | as long as short |
| tradeXYZ xyz:ORCL | +0.0093% | 1h | 148.72 | −0.067% | $21.7M | $6.8M | 10x | as long as short |
| KuCoin ORCLUSDTM | +0.0100% | 8h | 148.69 | −0.087% | $241K | $329K | 20x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 148.53 | −0.195% | $22K | $262K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 148.76 | −0.040% | $189 | — | 10x | as long as short |
| Variational Omni ORCL | +0.0112% | 8h | 148.82 | +0.002% | $1.2M | $428K | — | as long as short |
| OKX ORCL-USDT-SWAP | +0.0190% | 8h | 148.90 | +0.054% | $4.9M | $5.9M | 20x | as long as short |
| Extended ORCL_24_5-USD | +0.0192% | 1h | 148.82 | −0.001% | $386K | $2.1M | 10x | as long as short |
| Binance ORCLUSDT | +0.0195% | 8h | 148.87 | +0.035% | $25.1M | $36.2M | 20x | as long as short |
| Gate ORCL_USDT | +0.0326% | 8h | 148.95 | +0.087% | $2.3M | $2.9M | 25x | as long as short |
| BloFin ORCL-USDT | +0.0432% | 8h | 148.71 | −0.074% | $48K | $45K | 20x | as long as short |
| Bybit ORCLUSDT | +0.0481% | 8h | 148.87 | +0.034% | $4.1M | $1.8M | 50x | as long as short |
| Phoenix ORCL | +0.0537% | 1h | 148.35 | −0.316% | $152K | $73K | 10x | as long as short |
Vest ORCL-USD-PERP
Polymarket Perps ORCL-USD
Ondo Perps ORCL-USD.P
Nado ORCL-PERP
QFEX ORCL-USD
tradeXYZ xyz:ORCL
KuCoin ORCLUSDTM
ApeX Omni ORACLEUSDT
Orderly PERP_ORCL_USDC_mythos
Variational Omni ORCL
OKX ORCL-USDT-SWAP
Extended ORCL_24_5-USD
Binance ORCLUSDT
Gate ORCL_USDT
BloFin ORCL-USDT
Bybit ORCLUSDT
Phoenix ORCL