Funding you earn now, next payment 12:00 UTC−0.0621%/8h= −68.0% APRpaid last 24h −0.136%
Price spread now: Lighter against BloFin−0.007%60s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.147%−$15 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$19 a day on $10k at the current rate. The two prices were read 60 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.147% in total (about -7.7% 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 | BloFin ORCL-USDT | 150.50 | 0.0653 | pay 0.0653% / 8h | 4h 58m | $48K | $43K | 20x |
| Short | Lighter ORCL | 150.49 | 0.0032 | get 0.0004% / 1h | 58m 00s | $481K | $60K | 10x |
BloFin ORCL-USDT
Lighter ORCLFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against BloFin. 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
- −$130.43
- Price spread: −0.007% → 0.000%
- −$0.66
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$143.09
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: BloFin: no order-book sample; Lighter: live order book, 40 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 BloFin no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 40 min ago | 8.34 bp | 26.5 bp −$27 | 30.0 bp −$300 | doesn't fit | doesn't fit |
BloFin: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0550% | 4h | 150.37 | −0.088% | $28K | $216K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 150.59 | +0.062% | $106K | $22K | 20x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 150.66 | +0.106% | $2K | $2.3M | 10x | as long as short |
| Lighter ORCLshort | +0.0032% | 1h | 150.49 | −0.007% | $481K | $60K | 10x | |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.957% | $20K | $9K | 12x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 150.55 | +0.033% | — | $7K | 25x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 150.40 | −0.066% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 150.51 | +0.007% | $697K | $891K | 10x | as long as short |
| QFEX ORCL-USD | +0.0079% | 1h | 150.33 | −0.113% | $1.1M | $1.9M | 10x | as long as short |
| KuCoin ORCLUSDTM | +0.0100% | 8h | 150.43 | −0.047% | $243K | $491K | 20x | as long as short |
edgeX ORCLUSDC
Aster ORCLUSDT
SunX ORCL-USDT
Injective ORCL/USDC PERP
Vest ORCL-USD-PERP
SoDEX ORCL-USD
Ondo Perps ORCL-USD.P
QFEX ORCL-USD
KuCoin ORCLUSDTMShow all 28 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 150.34 | −0.106% | $23K | $262K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 150.40 | −0.066% | $191 | — | 10x | as long as short |
| Lighter RH ORCL | +0.0104% | 1h | 150.42 | −0.053% | $626K | $293K | 10x | as long as short |
| Nado ORCL-PERP | +0.0114% | 1h | 150.20 | −0.198% | $89K | $6K | 10x | as long as short |
| HTX ORCL-USDT | +0.0131% | 8h | 150.53 | +0.020% | $52K | $18K | 20x | as long as short |
| tradeXYZ xyz:ORCL | +0.0136% | 1h | 150.29 | −0.140% | $21.9M | $6.6M | 10x | as long as short |
| Bitget ORCLUSDT | +0.0202% | 8h | 150.56 | +0.040% | $7.8M | $2.5M | 20x | as long as short |
| Polymarket Perps ORCL-USD | +0.0220% | 1h | 150.36 | −0.093% | $79K | $150K | 10x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0242% | 8h | 150.42 | −0.053% | $5.0M | $6.2M | 20x | as long as short |
| Gate ORCL_USDT | +0.0287% | 8h | 150.56 | +0.040% | $2.3M | $2.8M | 25x | as long as short |
| Variational Omni ORCL | +0.0347% | 8h | 150.38 | −0.083% | $1.2M | $371K | — | as long as short |
| Arcus ORCL-USD | +0.0446% | 1h | 150.26 | −0.159% | $87K | $71K | 10x | as long as short |
| Extended ORCL_24_5-USD | +0.0448% | 1h | 150.39 | −0.075% | $390K | $2.1M | 10x | as long as short |
| Binance ORCLUSDT | +0.0448% | 8h | 150.46 | −0.027% | $25.5M | $35.7M | 20x | as long as short |
| GRVT ORCL_USDT_Perp | +0.0603% | 8h | 150.42 | −0.053% | $2K | $136K | 10x | as long as short |
| BloFin ORCL-USDTlong | +0.0653% | 8h | 150.50 | long leg | $48K | $43K | 20x | |
| Bybit ORCLUSDT | +0.0660% | 8h | 150.51 | +0.007% | $4.2M | $1.8M | 50x | as long as short |
| Phoenix ORCL | +0.0749% | 1h | 150.29 | −0.140% | $154K | $72K | 10x | as long as short |
ApeX Omni ORACLEUSDT
Orderly PERP_ORCL_USDC_mythos
Lighter RH ORCL
Nado ORCL-PERP
HTX ORCL-USDT
tradeXYZ xyz:ORCL
Bitget ORCLUSDT
Polymarket Perps ORCL-USD
OKX ORCL-USDT-SWAP
Gate ORCL_USDT
Variational Omni ORCL
Arcus ORCL-USD
Extended ORCL_24_5-USD
Binance ORCLUSDT
GRVT ORCL_USDT_Perp
Bybit ORCLUSDT
Phoenix ORCL