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

ORCL

RWAall ORCL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h +0.010%
Price spread now: Lighter against HTX−0.054%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.160%+$16 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Funding pays, the price is against you. Lighter is 0.054% cheaper against HTX than usual: you would sell low and buy high (spread −0.054% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 5.6 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.160% in total) that is about 2.4 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX ORCL-USDT149.250get 0.0000% / 8h50m 01s$52K$25K20x
ShortLighter ORCL149.170.0032get 0.0004% / 1h50m 01s$476K$59K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against HTX. 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
$6.72
Price spread: −0.054% → 0.000%
−$5.36
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee Lighter: 0 bp × 2 orders
$0
Net
−$10.64
Costs to cover
0.120%
Break-even
18.1 days
Slippage unknown: HTX: no order-book sample; Lighter: live order book, 45 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy HTX no order-book sample
Sell Lighter live order book, 45 min ago4.35 bp20.0 bp −$2025.9 bp −$259doesn't fitdoesn't fit
HTX: 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 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−0.0744%4h149.13−0.079%$28K$214K10xas long as short
Aster ORCLUSDT0.0000%8h149.03−0.147%$97K$20K20xas long as short
Bitget ORCLUSDT0.0000%8h149.29+0.027%$7.7M$2.8M20xas long as short
SunX ORCL-USDT0.0000%8h149.36+0.074%$2K$2.7M10xas long as short
HTX ORCL-USDTlong0.0000%8h149.25long leg$52K$25K20x
Lighter ORCLshort+0.0032%1h149.17−0.054%$476K$59K10x
Lighter RH ORCL+0.0032%1h149.13−0.080%$622K$316K10xas long as short
Injective ORCL/USDC PERP+0.0033%1h149.06−0.127%$20K$9K12xas long as short
Arcus ORCL-USD+0.0040%1h149.04−0.141%$86K$79K10xas long as short
Vest ORCL-USD-PERP+0.0046%1h149.09−0.107%$67K25xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:ORCL+0.0050%1h149.01−0.161%$21.6M$6.9M10xas long as short
Polymarket Perps ORCL-USD+0.0050%1h149.07−0.121%$131K$92K10xas long as short
SoDEX ORCL-USD+0.0050%1h149.13−0.080%$30K$3K10xas long as short
Ondo Perps ORCL-USD.P+0.0050%1h148.90−0.235%$697K$856K10xas long as short
QFEX ORCL-USD+0.0057%1h149.10−0.101%$1.1M$2.0M10xas long as short
Nado ORCL-PERP+0.0094%1h148.98−0.178%$88K$22K10xas long as short
ApeX Omni ORACLEUSDT+0.0100%1h149.05−0.134%$22K$264K50xas long as short
Orderly PERP_ORCL_USDC_mythos+0.0100%8h149.07−0.121%$19010xas long as short
KuCoin ORCLUSDTM+0.0107%8h149.21−0.027%$240K$273K20xas long as short
Variational Omni ORCL+0.0161%8h149.11−0.093%$1.2M$424Kas long as short
GRVT ORCL_USDT_Perp+0.0177%8h149.17−0.055%$1K$159K10xas long as short
Gate ORCL_USDT+0.0206%8h149.24−0.007%$2.3M$3.0M25xas long as short
OKX ORCL-USDT-SWAP+0.0248%8h149.15−0.067%$4.9M$6.0M20xas long as short
Extended ORCL_24_5-USD+0.0256%1h149.13−0.081%$388K$1.6M10xas long as short
Binance ORCLUSDT+0.0258%8h149.19−0.043%$24.9M$36.5M20xas long as short
Phoenix ORCL+0.0483%1h149.07−0.121%$152K$72K10xas long as short
Bybit ORCLUSDT+0.0572%8h149.20−0.034%$4.2M$1.9M50xas long as short
BloFin ORCL-USDT+0.0601%8h149.23−0.013%$47K$44K20xas long as short