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

ORCL

RWAall ORCL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0068%/8h= −7.4% APRnext payment $0.09 per $10,000 · paid last 24h −0.019%
Price spread now: Lighter RH against ApeX Omni+0.040%7-day average −0.030% · you sell dearer than you buy
Net, funding: paid 7d − costs−$59as in the Funding arb table
Net, price: spread back to 7d avg − costs−$38as in the Price arb table
costs, in and out, $10k−$450.446% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.144%−$14 on $10k
Price spread, last 4 days (all we have)−0.208%−$21 · spread now +0.040%, 7d avg −0.030%
Together, before fees−0.352%+ Points / potential airdropLighter RH: Points live · farm board−$35 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Lighter RH is 0.070% dearer against ApeX Omni than usual: you sell high and buy low (spread +0.040% now, against its 7-day average of −0.030%): +$7 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 3.4 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni ORACLEUSDT149.740.0100pay 0.0013% / 1h3m 28s$22K$263K50x
ShortLighter RH ORCL149.800.0032get 0.0004% / 1h3m 28s$625K$317K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter RH 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 it
latest
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: +0.040% → −0.030%
$6.97
Slippage, 4 orders
−$34.6
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Lighter RH: 0 bp × 2 orders
$0
Net
−$51.91
Costs to cover
0.446%
Break-even
never at this rate
Slippage from ApeX Omni: live order book, 48 min ago; Lighter RH: live order book, 49 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy ApeX Omni live order book, 48 min ago8.69 bp19.9 bp −$20172.0 bp −$1,720doesn't fitdoesn't fit
Sell Lighter RH live order book, 49 min ago1.34 bp3.1 bp −$310.7 bp −$107doesn't fitdoesn't fit

ORCL on 28 venues

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−0.0078%4h149.78+0.029%$28K$214K10xas long as short
Aster ORCLUSDT0.0000%8h149.83+0.062%$94K$16K20xas long as short
Bitget ORCLUSDT0.0000%8h149.84+0.067%$7.7M$3.8M20xas long as short
SunX ORCL-USDT0.0000%8h150.07+0.220%$2K$2.7M10xas long as short
HTX ORCL-USDT0.0000%8h149.82+0.053%$52K$24K20xas long as short
Lighter ORCL+0.0032%1h149.83+0.060%$475K$51K10xas long as short
Lighter RH ORCLshort+0.0032%1h149.80+0.040%$625K$317K10x
Injective ORCL/USDC PERP+0.0033%1h149.06−0.454%$20K$12K12xas long as short
Arcus ORCL-USD+0.0040%1h149.69−0.033%$87K$79K10xas long as short
Vest ORCL-USD-PERP+0.0046%1h149.78+0.027%$67K25xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:ORCL+0.0050%1h149.61−0.087%$21.6M$6.8M10xas long as short
Polymarket Perps ORCL-USD+0.0050%1h149.70−0.027%$131K$91K10xas long as short
SoDEX ORCL-USD+0.0050%1h149.81+0.047%$30K$3K10xas long as short
Ondo Perps ORCL-USD.P+0.0050%1h149.56−0.120%$704K$797K10xas long as short
QFEX ORCL-USD+0.0067%1h149.71−0.020%$1.1M$2.1M10xas long as short
Nado ORCL-PERP+0.0070%1h149.66−0.055%$88K$22K10xas long as short
ApeX Omni ORACLEUSDTlong+0.0100%1h149.74long leg$22K$263K50x
Orderly PERP_ORCL_USDC_mythos+0.0100%8h149.78+0.027%$19110xas long as short
GRVT ORCL_USDT_Perp+0.0194%8h149.81+0.047%$1K$175K10xas long as short
Variational Omni ORCL+0.0234%8h149.82+0.053%$1.3M$363Kas long as short
Extended ORCL_24_5-USD+0.0312%1h149.76+0.014%$388K$1.2M10xas long as short
Binance ORCLUSDT+0.0313%8h149.77+0.020%$25.1M$35.6M20xas long as short
Gate ORCL_USDT+0.0325%8h149.88+0.093%$2.3M$3.0M25xas long as short
KuCoin ORCLUSDTM+0.0331%8h149.81+0.047%$262K$278K20xas long as short
OKX ORCL-USDT-SWAP+0.0355%8h149.77+0.020%$5.0M$5.9M20xas long as short
Phoenix ORCL+0.0535%1h149.59−0.100%$153K$75K10xas long as short
BloFin ORCL-USDT+0.0656%8h149.86+0.080%$47K$43K20xas long as short
Bybit ORCLUSDT+0.0676%8h149.89+0.100%$4.1M$1.8M50xas long as short