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

ORCL

RWAall ORCL markets
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Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX ORCL-USDT150.060get 0.0000% / 8h5h 44m$3K$2.4M10x
ShortLighter RH ORCL149.820.0232get 0.0029% / 1h44m 18s$623K$294K10x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy SunX live order book, 6 min ago29.96 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Lighter RH live order book, 1 min ago2.67 bp3.7 bp −$410.6 bp −$106doesn't fitdoesn't fit

ORCL on 28 exchanges

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−0.0660%4h149.78−0.188%$28K$216K10xas long as short
Aster ORCLUSDT0.0000%8h149.57−0.326%$105K$22K20xas long as short
SunX ORCL-USDTlong0.0000%8h150.06long leg$3K$2.4M10x
Bitget ORCLUSDT+0.0028%8h149.91−0.100%$7.8M$2.4M20xas long as short
Lighter ORCL+0.0032%1h149.87−0.127%$478K$59K10xas long as short
Injective ORCL/USDC PERP+0.0033%1h149.06−0.666%$20K$9K12xas long as short
Vest ORCL-USD-PERP+0.0046%1h149.88−0.120%$37K25xas long as short
Ondo Perps ORCL-USD.P+0.0050%1h149.64−0.280%$712K$859K10xas long as short
QFEX ORCL-USD+0.0079%1h149.77−0.193%$1.1M$2.0M10xas long as short
SoDEX ORCL-USD+0.0091%1h149.81−0.167%$30K$3K10xas long as short
Show all 28 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Polymarket Perps ORCL-USD+0.0095%1h149.74−0.213%$131K$69K10xas long as short
KuCoin ORCLUSDTM+0.0100%8h149.77−0.193%$242K$438K20xas long as short
ApeX Omni ORACLEUSDT+0.0100%1h149.71−0.233%$22K$262K50xas long as short
Orderly PERP_ORCL_USDC_mythos+0.0100%8h149.80−0.173%$19110xas long as short
Nado ORCL-PERP+0.0150%1h149.67−0.259%$88K$22K10xas long as short
HTX ORCL-USDT+0.0171%8h149.87−0.127%$52K$24K20xas long as short
Lighter RH ORCLshort+0.0232%1h149.82−0.160%$623K$294K10x
OKX ORCL-USDT-SWAP+0.0243%8h149.83−0.153%$5.0M$6.1M20xas long as short
tradeXYZ xyz:ORCL+0.0290%1h149.68−0.253%$21.9M$6.7M10xas long as short
Variational Omni ORCL+0.0296%8h149.69−0.249%$1.2M$393Kas long as short
Gate ORCL_USDT+0.0364%8h149.90−0.107%$2.3M$2.8M25xas long as short
Extended ORCL_24_5-USD+0.0392%1h149.79−0.180%$390K$2.1M10xas long as short
Binance ORCLUSDT+0.0394%8h149.84−0.147%$25.3M$35.3M20xas long as short
Arcus ORCL-USD+0.0445%1h149.69−0.247%$87K$71K10xas long as short
GRVT ORCL_USDT_Perp+0.0633%8h149.84−0.149%$1K$136K10xas long as short
BloFin ORCL-USDT+0.0723%8h149.86−0.133%$48K$44K20xas long as short
Bybit ORCLUSDT+0.0731%8h149.84−0.147%$4.2M$1.8M50xas long as short
Phoenix ORCL+0.0749%1h149.67−0.260%$153K$72K10xas long as short