Funding you earn now, next payment 11:00 UTC−0.0068%/8h= −7.4% APRpaid last 24h −0.038%
Price spread now: Lighter against KuCoin+0.053%7-day average +0.018% · you sell dearer than you buy
Net, funding: paid 7d − costs−$304as in the Funding arb table
Net, price: spread back to 7d avg − costs−$293as in the Price arb table
costs, in and out, $10k−$2972.966% of the position
Funding, last 7 days−0.069%−$7 on $10k
+Price spread, last 4 days (all we have)−0.085%−$9 · spread now +0.053%, 7d avg +0.018%
=Together, before fees−0.155%+ Points / potential airdropLighter: Season 3 · farm board−$15 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Lighter is 0.036% dearer against KuCoin than usual: you sell high and buy low (spread +0.053% now, against its 7-day average of +0.018%): +$4 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 42 hours. At the pace of the last 7 days (−0.069% in total) that is about 3.6 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin ORCLUSDTM | 149.79 | 0.0100 | pay 0.0100% / 8h | 5h 42m | $242K | $439K | 20x |
| Short | Lighter ORCL | 149.87 | 0.0032 | get 0.0004% / 1h | 42m 56s | $478K | $59K | 10x |
KuCoin ORCLUSDTM
Lighter ORCLFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against KuCoin. 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: +0.053% → +0.018%
- $3.58
- Slippage, 4 orders
- −$284.62
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$307.32
- Costs to cover
- 2.966%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 61 min ago; Lighter: live order book, 64 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 KuCoin live order book, 61 min ago | 12.38 bp | 151.8 bp −$152 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter live order book, 64 min ago | 5.68 bp | 23.4 bp −$23 | 25.1 bp −$251 | doesn't fit | doesn't fit |
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 | −0.0884% | 4h | 149.72 | −0.049% | $28K | $216K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.55 | −0.162% | $105K | $22K | 20x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 150.04 | +0.167% | $3K | $2.4M | 10x | as long as short |
| Lighter ORCLshort | +0.0032% | 1h | 149.87 | +0.053% | $478K | $59K | 10x | |
| Bitget ORCLUSDT | +0.0033% | 8h | 149.87 | +0.053% | $7.7M | $2.4M | 20x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.487% | $20K | $9K | 12x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.83 | +0.027% | — | $37K | 25x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 149.64 | −0.100% | $712K | $859K | 10x | as long as short |
| SoDEX ORCL-USD | +0.0062% | 1h | 149.80 | +0.007% | $30K | $3K | 10x | as long as short |
| QFEX ORCL-USD | +0.0079% | 1h | 149.74 | −0.033% | $1.1M | $2.0M | 10x | as long as short |
edgeX ORCLUSDC
Aster ORCLUSDT
SunX ORCL-USDT
Bitget ORCLUSDT
Injective ORCL/USDC PERP
Vest ORCL-USD-PERP
Ondo Perps ORCL-USD.P
SoDEX ORCL-USD
QFEX ORCL-USDShow all 28 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps ORCL-USD | +0.0090% | 1h | 149.73 | −0.040% | $131K | $69K | 10x | as long as short |
| KuCoin ORCLUSDTMlong | +0.0100% | 8h | 149.79 | long leg | $242K | $439K | 20x | |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 149.84 | +0.033% | $22K | $262K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.78 | −0.007% | $191 | — | 10x | as long as short |
| Nado ORCL-PERP | +0.0146% | 1h | 149.66 | −0.085% | $88K | $21K | 10x | as long as short |
| HTX ORCL-USDT | +0.0176% | 8h | 149.87 | +0.053% | $52K | $24K | 20x | as long as short |
| Lighter RH ORCL | +0.0224% | 1h | 149.82 | +0.020% | $623K | $294K | 10x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0243% | 8h | 149.75 | −0.027% | $5.0M | $6.1M | 20x | as long as short |
| tradeXYZ xyz:ORCL | +0.0272% | 1h | 149.68 | −0.073% | $21.9M | $6.7M | 10x | as long as short |
| Variational Omni ORCL | +0.0296% | 8h | 149.69 | −0.069% | $1.2M | $393K | — | as long as short |
| Gate ORCL_USDT | +0.0365% | 8h | 149.89 | +0.067% | $2.3M | $2.8M | 25x | as long as short |
| Binance ORCLUSDT | +0.0397% | 8h | 149.76 | −0.020% | $25.3M | $35.3M | 20x | as long as short |
| Extended ORCL_24_5-USD | +0.0400% | 1h | 149.71 | −0.054% | $390K | $2.1M | 10x | as long as short |
| Arcus ORCL-USD | +0.0445% | 1h | 149.68 | −0.073% | $87K | $71K | 10x | as long as short |
| GRVT ORCL_USDT_Perp | +0.0633% | 8h | 149.84 | +0.031% | $1K | $136K | 10x | as long as short |
| BloFin ORCL-USDT | +0.0704% | 8h | 149.79 | 0.000% | $48K | $43K | 20x | as long as short |
| Bybit ORCLUSDT | +0.0727% | 8h | 149.83 | +0.027% | $4.2M | $1.8M | 50x | as long as short |
| Phoenix ORCL | +0.0749% | 1h | 149.73 | −0.040% | $153K | $72K | 10x | as long as short |
Polymarket Perps ORCL-USD
ApeX Omni ORACLEUSDT
Orderly PERP_ORCL_USDC_mythos
Nado ORCL-PERP
HTX ORCL-USDT
Lighter RH ORCL
OKX ORCL-USDT-SWAP
tradeXYZ xyz:ORCL
Variational Omni ORCL
Gate ORCL_USDT
Binance ORCLUSDT
Extended ORCL_24_5-USD
Arcus ORCL-USD
GRVT ORCL_USDT_Perp
BloFin ORCL-USDT
Bybit ORCLUSDT
Phoenix ORCL