Funding you earn now, next payment 07:00 UTC+0.0105%/8h= +11.5% APRpaid last 24h +0.039%
Price spread now: KuCoin against Lighter−0.047%7-day average −0.017% · you buy dearer than you sell
Net, funding: paid 7d − costs−$326as in the Funding arb table
Net, price: spread back to 7d avg − costs−$336as in the Price arb table
costs, in and out, $10k−$3333.330% of the position
Funding, last 7 days+0.069%+$7 on $10k
+Price spread, last 4 days (all we have)+0.069%+$7 · spread now −0.047%, 7d avg −0.017%
=Together, before fees+0.138%+ Points / potential airdropLighter: Season 3 · farm board+$14 on $10k · with fees, hour by hour
Funding pays, the price is against you. KuCoin is 0.030% cheaper against Lighter than usual: you would sell low and buy high (spread −0.047% now, against its 7-day average of −0.017%). If the spread goes back, that is −$3 on $10k: about 23 hours of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.069% in total) that is about 3.0 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter ORCL | 149.45 | 0.0032 | pay 0.0004% / 1h | 24m 31s | $474K | $54K | 10x |
| Short | KuCoin ORCLUSDTM | 149.38 | 0.0137 | get 0.0137% / 8h | 1h 24m | $240K | $280K | 20x |
Lighter ORCL
KuCoin ORCLUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Lighter. 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
- $22.05
- Price spread: −0.047% → −0.017%
- −$2.99
- Slippage, 4 orders
- −$321.03
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$313.97
- Costs to cover
- 3.330%
- Break-even
- 106.7 days
Slippage from Lighter: live order book, 10 min ago; KuCoin: live order book, 18 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 Lighter live order book, 10 min ago | 4.35 bp | 12.2 bp −$12 | 14.4 bp −$144 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 18 min ago | 11.38 bp | 124.5 bp −$125 | doesn't fit | 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 | −0.0302% | 4h | 149.36 | −0.063% | $28K | $213K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.24 | −0.141% | $98K | $20K | 20x | as long as short |
| Bitget ORCLUSDT | 0.0000% | 8h | 149.43 | −0.013% | $7.7M | $3.8M | 20x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.61 | +0.107% | $3K | $2.7M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.55 | +0.067% | $52K | $25K | 20x | as long as short |
| Lighter ORCLlong | +0.0032% | 1h | 149.45 | long leg | $474K | $54K | 10x | |
| Lighter RH ORCL | +0.0032% | 1h | 149.36 | −0.060% | $622K | $322K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.261% | $20K | $9K | 12x | as long as short |
| Arcus ORCL-USD | +0.0040% | 1h | 149.26 | −0.127% | $86K | $79K | 10x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.40 | −0.033% | — | $67K | 25x | as long as short |
edgeX ORCLUSDC
Aster ORCLUSDT
Bitget ORCLUSDT
SunX ORCL-USDT
HTX ORCL-USDT
Lighter RH ORCL
Injective ORCL/USDC PERP
Arcus ORCL-USD
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 | 149.23 | −0.147% | $21.6M | $6.9M | 10x | as long as short |
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 149.28 | −0.114% | $131K | $92K | 10x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 149.34 | −0.074% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 149.16 | −0.194% | $698K | $894K | 10x | as long as short |
| Nado ORCL-PERP | +0.0053% | 1h | 149.24 | −0.143% | $88K | $22K | 10x | as long as short |
| QFEX ORCL-USD | +0.0065% | 1h | 149.35 | −0.067% | $1.1M | $2.0M | 10x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 149.24 | −0.141% | $22K | $263K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.34 | −0.074% | $190 | — | 10x | as long as short |
| KuCoin ORCLUSDTMshort | +0.0137% | 8h | 149.38 | −0.047% | $240K | $280K | 20x | |
| Variational Omni ORCL | +0.0161% | 8h | 149.32 | −0.088% | $1.2M | $423K | — | as long as short |
| GRVT ORCL_USDT_Perp | +0.0161% | 8h | 149.36 | −0.059% | $1K | $162K | 10x | as long as short |
| Gate ORCL_USDT | +0.0218% | 8h | 149.40 | −0.033% | $2.3M | $3.0M | 25x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0241% | 8h | 149.35 | −0.067% | $4.9M | $6.0M | 20x | as long as short |
| Binance ORCLUSDT | +0.0254% | 8h | 149.36 | −0.058% | $24.9M | $36.9M | 20x | as long as short |
| Extended ORCL_24_5-USD | +0.0256% | 1h | 149.29 | −0.104% | $391K | $1.4M | 10x | as long as short |
| Phoenix ORCL | +0.0429% | 1h | 149.43 | −0.013% | $153K | $75K | 10x | as long as short |
| Bybit ORCLUSDT | +0.0570% | 8h | 149.40 | −0.033% | $4.1M | $1.9M | 50x | as long as short |
| BloFin ORCL-USDT | +0.0574% | 8h | 149.38 | −0.047% | $47K | $44K | 20x | as long as short |
tradeXYZ xyz:ORCL
Polymarket Perps ORCL-USD
SoDEX ORCL-USD
Ondo Perps ORCL-USD.P
Nado ORCL-PERP
QFEX ORCL-USD
ApeX Omni ORACLEUSDT
Orderly PERP_ORCL_USDC_mythos
Variational Omni ORCL
GRVT ORCL_USDT_Perp
Gate ORCL_USDT
OKX ORCL-USDT-SWAP
Binance ORCLUSDT
Extended ORCL_24_5-USD
Phoenix ORCL
Bybit ORCLUSDT
BloFin ORCL-USDT