Funding you earn now, next payment 03:00 UTC−0.0024%/8h= −2.6% APRpaid last 24h −0.086%
Price spread now: Lighter against Gate−0.054%7-day average −0.008% · you buy dearer than you sell
Net, funding: paid 7d − costs−$80as in the Funding arb table
Net, price: spread back to 7d avg − costs−$70as in the Price arb table
costs, in and out, $10k−$650.653% of the position
Funding, last 7 days−0.151%−$15 on $10k
+Price spread, last 4 days (all we have)−0.255%−$26 · spread now −0.054%, 7d avg −0.008%
=Together, before fees−0.406%+ Points / potential airdropLighter: Season 3 · farm board−$41 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Lighter is 0.046% cheaper against Gate than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.008%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ORCL_USDT | 149.47 | 0.0056 | pay 0.0056% / 8h | 5h 26m | $2.3M | $2.9M | 25x |
| Short | Lighter ORCL | 149.39 | 0.0032 | get 0.0004% / 1h | 26m 30s | $474K | $51K | 10x |
Gate ORCL_USDT
Lighter ORCLFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Gate. 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
- −$5.04
- Price spread: −0.054% → −0.008%
- −$4.6
- Slippage, 4 orders
- −$50.28
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$74.92
- Costs to cover
- 0.653%
- Break-even
- never at this rate
Slippage from Gate: live order book, 1 min ago; Lighter: live order book, 28 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 Gate live order book, 1 min ago | 1.34 bp | 19.4 bp −$19 | 26.9 bp −$269 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 28 min ago | 6.36 bp | 24.4 bp −$24 | 32.2 bp −$322 | 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 | −0.0481% | 4h | 149.45 | −0.012% | $28K | $213K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.22 | −0.170% | $93K | $16K | 20x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.60 | +0.087% | $2K | $2.7M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.32 | −0.100% | $52K | $23K | 20x | as long as short |
| Lighter ORCLshort | +0.0032% | 1h | 149.39 | −0.054% | $474K | $51K | 10x | |
| Lighter RH ORCL | +0.0032% | 1h | 149.34 | −0.087% | $621K | $318K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.274% | $20K | $12K | 12x | as long as short |
| Arcus ORCL-USD | +0.0040% | 1h | 149.31 | −0.107% | $87K | $79K | 10x | as long as short |
| Bitget ORCLUSDT | +0.0041% | 8h | 149.47 | 0.000% | $7.7M | $4.0M | 20x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.42 | −0.033% | — | $67K | 25x | as long as short |
edgeX ORCLUSDC
Aster ORCLUSDT
SunX ORCL-USDT
HTX ORCL-USDT
Lighter RH ORCL
Injective ORCL/USDC PERP
Arcus ORCL-USD
Bitget ORCLUSDT
Vest ORCL-USD-PERPShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:ORCL | +0.0050% | 1h | 149.26 | −0.140% | $21.5M | $6.8M | 10x | as long as short |
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 149.34 | −0.087% | $131K | $90K | 10x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 149.36 | −0.074% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 149.24 | −0.154% | $698K | $723K | 10x | as long as short |
| Gate ORCL_USDTlong | +0.0056% | 8h | 149.47 | long leg | $2.3M | $2.9M | 25x | |
| QFEX ORCL-USD | +0.0059% | 1h | 149.36 | −0.074% | $1.1M | $2.6M | 10x | as long as short |
| Nado ORCL-PERP | +0.0070% | 1h | 149.19 | −0.185% | $92K | $18K | 10x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 149.39 | −0.054% | $22K | $267K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.35 | −0.080% | $190 | — | 10x | as long as short |
| GRVT ORCL_USDT_Perp | +0.0154% | 8h | 149.39 | −0.054% | $2K | $179K | 10x | as long as short |
| Variational Omni ORCL | +0.0178% | 8h | 149.50 | +0.023% | $1.3M | $363K | — | as long as short |
| Extended ORCL_24_5-USD | +0.0248% | 1h | 149.37 | −0.067% | $387K | $1.3M | 10x | as long as short |
| Binance ORCLUSDT | +0.0253% | 8h | 149.41 | −0.040% | $24.9M | $35.4M | 20x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0334% | 8h | 149.46 | −0.007% | $4.9M | $5.5M | 20x | as long as short |
| KuCoin ORCLUSDTM | +0.0338% | 8h | 149.54 | +0.047% | $260K | $267K | 20x | as long as short |
| Phoenix ORCL | +0.0536% | 1h | 149.27 | −0.134% | $153K | $75K | 10x | as long as short |
| BloFin ORCL-USDT | +0.0554% | 8h | 149.48 | +0.007% | $47K | $43K | 20x | as long as short |
| Bybit ORCLUSDT | +0.0555% | 8h | 149.51 | +0.027% | $3.7M | $1.5M | 50x | as long as short |
tradeXYZ xyz:ORCL
Polymarket Perps ORCL-USD
SoDEX ORCL-USD
Ondo Perps ORCL-USD.P
QFEX ORCL-USD
Nado ORCL-PERP
ApeX Omni ORACLEUSDT
Orderly PERP_ORCL_USDC_mythos
GRVT ORCL_USDT_Perp
Variational Omni ORCL
Extended ORCL_24_5-USD
Binance ORCLUSDT
OKX ORCL-USDT-SWAP
KuCoin ORCLUSDTM
Phoenix ORCL
BloFin ORCL-USDT
Bybit ORCLUSDT