Funding you earn now, next payment 11:00 UTC+0.0232%/8h= +25.4% APRpaid last 24h +0.011%
Price spread now: Lighter RH against SunX−0.160%7-day average −0.208% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.061%+$6 on $10k
+Price spread, last 4 days (all we have)−0.113%−$11 · spread now −0.160%, 7d avg −0.208%
=Together, before fees−0.052%+ Points / potential airdropLighter RH: Points live · farm board−$5 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Lighter RH is 0.048% dearer against SunX than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.208%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.061% in total (about 3.2% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX ORCL-USDT | 150.06 | 0 | get 0.0000% / 8h | 5h 44m | $3K | $2.4M | 10x |
| Short | Lighter RH ORCL | 149.82 | 0.0232 | get 0.0029% / 1h | 44m 18s | $623K | $294K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against SunX. 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
- $48.72
- Price spread: −0.160% → −0.208%
- $4.8
- Slippage, 4 orders
- no order book: not counted
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- $45.52
- Costs to cover
- 0.080%
- Break-even
- 0.5 days
Slippage unknown: SunX: live order book, 6 min ago; Lighter RH: live order book, 1 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 SunX live order book, 6 min ago | 29.96 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter RH live order book, 1 min ago | 2.67 bp | 3.7 bp −$4 | 10.6 bp −$106 | doesn't fit | doesn't fit |
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 | −0.0660% | 4h | 149.78 | −0.188% | $28K | $216K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.57 | −0.326% | $105K | $22K | 20x | as long as short |
| SunX ORCL-USDTlong | 0.0000% | 8h | 150.06 | long leg | $3K | $2.4M | 10x | |
| Bitget ORCLUSDT | +0.0028% | 8h | 149.91 | −0.100% | $7.8M | $2.4M | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.87 | −0.127% | $478K | $59K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.666% | $20K | $9K | 12x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.88 | −0.120% | — | $37K | 25x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 149.64 | −0.280% | $712K | $859K | 10x | as long as short |
| QFEX ORCL-USD | +0.0079% | 1h | 149.77 | −0.193% | $1.1M | $2.0M | 10x | as long as short |
| SoDEX ORCL-USD | +0.0091% | 1h | 149.81 | −0.167% | $30K | $3K | 10x | as long as short |
Show all 28 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps ORCL-USD | +0.0095% | 1h | 149.74 | −0.213% | $131K | $69K | 10x | as long as short |
| KuCoin ORCLUSDTM | +0.0100% | 8h | 149.77 | −0.193% | $242K | $438K | 20x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 149.71 | −0.233% | $22K | $262K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.80 | −0.173% | $191 | — | 10x | as long as short |
| Nado ORCL-PERP | +0.0150% | 1h | 149.67 | −0.259% | $88K | $22K | 10x | as long as short |
| HTX ORCL-USDT | +0.0171% | 8h | 149.87 | −0.127% | $52K | $24K | 20x | as long as short |
| Lighter RH ORCLshort | +0.0232% | 1h | 149.82 | −0.160% | $623K | $294K | 10x | |
| OKX ORCL-USDT-SWAP | +0.0243% | 8h | 149.83 | −0.153% | $5.0M | $6.1M | 20x | as long as short |
| tradeXYZ xyz:ORCL | +0.0290% | 1h | 149.68 | −0.253% | $21.9M | $6.7M | 10x | as long as short |
| Variational Omni ORCL | +0.0296% | 8h | 149.69 | −0.249% | $1.2M | $393K | — | as long as short |
| Gate ORCL_USDT | +0.0364% | 8h | 149.90 | −0.107% | $2.3M | $2.8M | 25x | as long as short |
| Extended ORCL_24_5-USD | +0.0392% | 1h | 149.79 | −0.180% | $390K | $2.1M | 10x | as long as short |
| Binance ORCLUSDT | +0.0394% | 8h | 149.84 | −0.147% | $25.3M | $35.3M | 20x | as long as short |
| Arcus ORCL-USD | +0.0445% | 1h | 149.69 | −0.247% | $87K | $71K | 10x | as long as short |
| GRVT ORCL_USDT_Perp | +0.0633% | 8h | 149.84 | −0.149% | $1K | $136K | 10x | as long as short |
| BloFin ORCL-USDT | +0.0723% | 8h | 149.86 | −0.133% | $48K | $44K | 20x | as long as short |
| Bybit ORCLUSDT | +0.0731% | 8h | 149.84 | −0.147% | $4.2M | $1.8M | 50x | as long as short |
| Phoenix ORCL | +0.0749% | 1h | 149.67 | −0.260% | $153K | $72K | 10x | as long as short |
SunX ORCL-USDT
Lighter RH ORCL
edgeX ORCLUSDC
Aster ORCLUSDT
Bitget ORCLUSDT
Lighter ORCL
Injective ORCL/USDC PERP
SoDEX ORCL-USD
Polymarket Perps ORCL-USD
KuCoin ORCLUSDTM
ApeX Omni ORACLEUSDT
HTX ORCL-USDT
OKX ORCL-USDT-SWAP
tradeXYZ xyz:ORCL
Variational Omni ORCL
Gate ORCL_USDT
Extended ORCL_24_5-USD
Binance ORCLUSDT
GRVT ORCL_USDT_Perp
BloFin ORCL-USDT
Bybit ORCLUSDT
Phoenix ORCL