Funding you earn now, next payment 07:00 UTC−0.0135%/8h= −14.8% APRpaid last 24h −0.027%
Price spread now: Lighter RH against Variational Omni+0.021%7-day average −0.065% · 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)−0.010%−$1 on $10k
+Price spread, last 4 days (all we have)−0.386%−$39 · spread now +0.021%, 7d avg −0.065%
=Together, before fees−0.396%+ Points / potential airdropVariational Omni: Active · Lighter RH: Points live · farm board−$40 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Lighter RH is 0.086% dearer against Variational Omni than usual: you sell high and buy low (spread +0.021% now, against its 7-day average of −0.065%): +$9 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 2.1 days. At the pace of the last 4 days (−0.010% in total) that is about 32 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni ORCL | 149.40 | 0.0175 | pay 0.0175% / 8h | 1h 40m | $1.2M | $423K | — |
| Short | Lighter RH ORCL | 149.43 | 0.0040 | get 0.0005% / 1h | 40m 31s | $623K | $322K | 10x |
Variational Omni ORCL
Lighter RH ORCLFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against Variational Omni. 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
- −$28.35
- Price spread: +0.021% → −0.065%
- $8.63
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$19.72
- Costs to cover
- 0.000%
- Break-even
- from the start
Slippage unknown: Variational Omni: RFQ quote, 4 min ago; Lighter RH: live order book, 2 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 Variational Omni RFQ quote, 4 min ago | 4.45 bp | doesn't fit | 36.8 bp −$368 | doesn't fit | doesn't fit |
| Sell Lighter RH live order book, 2 min ago | 3.35 bp | 4.0 bp −$4 | 7.7 bp −$77 | 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 | −0.0291% | 4h | 149.41 | +0.009% | $28K | $215K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.30 | −0.067% | $98K | $20K | 20x | as long as short |
| Bitget ORCLUSDT | 0.0000% | 8h | 149.52 | +0.081% | $7.7M | $3.8M | 20x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.63 | +0.155% | $3K | $2.7M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.57 | +0.115% | $52K | $25K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.52 | +0.081% | $475K | $51K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.227% | $20K | $9K | 12x | as long as short |
| Lighter RH ORCLshort | +0.0040% | 1h | 149.43 | +0.021% | $623K | $322K | 10x | |
| Arcus ORCL-USD | +0.0040% | 1h | 149.34 | −0.039% | $87K | $79K | 10x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.45 | +0.034% | — | $67K | 25x | as long as short |
edgeX ORCLUSDC
Aster ORCLUSDT
Bitget ORCLUSDT
SunX ORCL-USDT
HTX ORCL-USDT
Lighter ORCL
Injective ORCL/USDC PERP
Arcus ORCL-USD
Vest ORCL-USD-PERPShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 149.36 | −0.026% | $131K | $92K | 10x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 149.39 | −0.006% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 149.27 | −0.086% | $699K | $894K | 10x | as long as short |
| tradeXYZ xyz:ORCL | +0.0065% | 1h | 149.29 | −0.073% | $21.6M | $6.9M | 10x | as long as short |
| QFEX ORCL-USD | +0.0065% | 1h | 149.39 | −0.006% | $1.1M | $2.0M | 10x | as long as short |
| Nado ORCL-PERP | +0.0072% | 1h | 149.29 | −0.070% | $88K | $22K | 10x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 149.27 | −0.086% | $22K | $263K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.36 | −0.026% | $190 | — | 10x | as long as short |
| KuCoin ORCLUSDTM | +0.0167% | 8h | 149.37 | −0.019% | $240K | $281K | 20x | as long as short |
| GRVT ORCL_USDT_Perp | +0.0172% | 8h | 149.42 | +0.014% | $1K | $163K | 10x | as long as short |
| Variational Omni ORCLlong | +0.0175% | 8h | 149.40 | long leg | $1.2M | $423K | — | |
| Gate ORCL_USDT | +0.0242% | 8h | 149.47 | +0.048% | $2.3M | $3.0M | 25x | as long as short |
| Extended ORCL_24_5-USD | +0.0264% | 1h | 149.38 | −0.015% | $388K | $1.6M | 10x | as long as short |
| Binance ORCLUSDT | +0.0266% | 8h | 149.41 | +0.007% | $24.9M | $36.8M | 20x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0267% | 8h | 149.40 | +0.001% | $4.9M | $6.0M | 20x | as long as short |
| Phoenix ORCL | +0.0429% | 1h | 149.37 | −0.019% | $153K | $75K | 10x | as long as short |
| BloFin ORCL-USDT | +0.0580% | 8h | 149.40 | +0.001% | $47K | $44K | 20x | as long as short |
| Bybit ORCLUSDT | +0.0599% | 8h | 149.44 | +0.028% | $4.1M | $1.9M | 50x | as long as short |
Polymarket Perps ORCL-USD
SoDEX ORCL-USD
Ondo Perps ORCL-USD.P
tradeXYZ xyz:ORCL
QFEX ORCL-USD
Nado ORCL-PERP
ApeX Omni ORACLEUSDT
Orderly PERP_ORCL_USDC_mythos
KuCoin ORCLUSDTM
GRVT ORCL_USDT_Perp
Gate ORCL_USDT
Extended ORCL_24_5-USD
Binance ORCLUSDT
OKX ORCL-USDT-SWAP
Phoenix ORCL
BloFin ORCL-USDT
Bybit ORCLUSDT