Funding you earn now, next payment 05:00 UTC−0.0068%/8h= −7.4% APRnext payment −$0.09 per $10,000 · paid last 24h −0.020%
Price spread now: Lighter against ApeX Omni+0.007%108s7-day average +0.054% · you sell dearer than you buy
Net, funding: paid 7d − costs−$81as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$770.769% of the position
Funding, last 7 days−0.045%−$5 on $10k
+Price spread, last 4 days (all we have)−0.100%−$10 · spread now +0.007%, 7d avg +0.054%
=Together, before fees−0.145%+ Points / potential airdropLighter: Season 3 · farm board−$14 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Lighter is 0.047% cheaper against ApeX Omni than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.054%). Swap the legs. The two prices were read 108 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni ORACLEUSDT | 149.66 | 0.0100 | pay 0.0013% / 1h | 41m 39s | $22K | $262K | 50x |
| Short | Lighter ORCL | 149.67 | 0.0032 | get 0.0004% / 1h | 41m 39s | $474K | $51K | 10x |
ApeX Omni ORACLEUSDT
Lighter ORCLFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against ApeX 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
- −$14.28
- Price spread: +0.007% → +0.054%
- −$4.73
- Slippage, 4 orders
- −$66.91
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$95.92
- Costs to cover
- 0.769%
- Break-even
- never at this rate
Slippage from ApeX Omni: live order book, 10 min ago; Lighter: live order book, 3 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 ApeX Omni live order book, 10 min ago | 8.69 bp | 19.9 bp −$20 | 172.0 bp −$1,720 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 3 min ago | 5.01 bp | 19.7 bp −$20 | 23.6 bp −$236 | 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 | −0.0509% | 4h | 149.69 | +0.017% | $28K | $213K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.50 | −0.108% | $94K | $16K | 20x | as long as short |
| Bitget ORCLUSDT | 0.0000% | 8h | 149.71 | +0.033% | $7.7M | $3.8M | 20x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.90 | +0.160% | $3K | $2.7M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.82 | +0.107% | $52K | $24K | 20x | as long as short |
| Lighter ORCLshort | +0.0032% | 1h | 149.67 | +0.007% | $474K | $51K | 10x | |
| Lighter RH ORCL | +0.0032% | 1h | 149.56 | −0.067% | $624K | $315K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.401% | $20K | $12K | 12x | as long as short |
| Nado ORCL-PERP | +0.0036% | 1h | 149.59 | −0.047% | $91K | $20K | 10x | as long as short |
| Arcus ORCL-USD | +0.0040% | 1h | 149.57 | −0.060% | $87K | $79K | 10x | as long as short |
edgeX ORCLUSDC
Aster ORCLUSDT
Bitget ORCLUSDT
SunX ORCL-USDT
HTX ORCL-USDT
Lighter RH ORCL
Injective ORCL/USDC PERP
Nado ORCL-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 | 149.68 | +0.013% | — | $67K | 25x | as long as short |
| tradeXYZ xyz:ORCL | +0.0050% | 1h | 149.46 | −0.134% | $21.6M | $6.8M | 10x | as long as short |
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 149.62 | −0.027% | $131K | $90K | 10x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 149.68 | +0.013% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 149.55 | −0.073% | $703K | $724K | 10x | as long as short |
| QFEX ORCL-USD | +0.0067% | 1h | 149.54 | −0.080% | $1.1M | $2.1M | 10x | as long as short |
| ApeX Omni ORACLEUSDTlong | +0.0100% | 1h | 149.66 | long leg | $22K | $262K | 50x | |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.66 | 0.000% | $190 | — | 10x | as long as short |
| GRVT ORCL_USDT_Perp | +0.0214% | 8h | 149.67 | +0.006% | $2K | $177K | 10x | as long as short |
| Variational Omni ORCL | +0.0245% | 8h | 149.69 | +0.019% | $1.3M | $363K | — | as long as short |
| Gate ORCL_USDT | +0.0298% | 8h | 149.64 | −0.013% | $2.3M | $3.0M | 25x | as long as short |
| Extended ORCL_24_5-USD | +0.0320% | 1h | 149.51 | −0.103% | $390K | $1.3M | 10x | as long as short |
| Binance ORCLUSDT | +0.0322% | 8h | 149.53 | −0.085% | $25.2M | $35.3M | 20x | as long as short |
| KuCoin ORCLUSDTM | +0.0358% | 8h | 149.75 | +0.060% | $262K | $279K | 20x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0388% | 8h | 149.68 | +0.013% | $5.0M | $5.8M | 20x | as long as short |
| Phoenix ORCL | +0.0535% | 1h | 149.67 | +0.007% | $153K | $75K | 10x | as long as short |
| BloFin ORCL-USDT | +0.0707% | 8h | 149.77 | +0.073% | $47K | $43K | 20x | as long as short |
| Bybit ORCLUSDT | +0.0719% | 8h | 149.62 | −0.027% | $4.1M | $1.8M | 50x | as long as short |
Vest ORCL-USD-PERP
tradeXYZ xyz:ORCL
Polymarket Perps ORCL-USD
SoDEX ORCL-USD
Ondo Perps ORCL-USD.P
QFEX ORCL-USD
Orderly PERP_ORCL_USDC_mythos
GRVT ORCL_USDT_Perp
Variational Omni ORCL
Gate ORCL_USDT
Extended ORCL_24_5-USD
Binance ORCLUSDT
KuCoin ORCLUSDTM
OKX ORCL-USDT-SWAP
Phoenix ORCL
BloFin ORCL-USDT
Bybit ORCLUSDT