Spread before costs (cost unknown: a leg has no order-book sample)−0.161%
7d average−0.132%if it closes, per $10,000$16funding while held, a day+$0.55
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter ORCL | 149.35 | 0.0032 | pay 0.0004% / 1h | 24m 23s | $474K | $8K | 10x |
| Short | Ondo Perps ORCL-USD.P | 149.11 | 0.0050 | get 0.0006% / 1h | 24m 23s | $663K | $384K | 10x |
Lighter ORCL
Ondo Perps ORCL-USD.PPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- −$16.07
- Funding while held
- $0.55
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$20.52
- Spread needed to break even
- 0.050%
Slippage unknown: Lighter: live order book, 17 min ago; Ondo Perps: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0018%
- Per $10,000 a day
- +$0.55
- Average in range /8h
- —
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, 17 min ago | 10.34 bp | 22.2 bp −$22 | 23.3 bp −$233 | doesn't fit | doesn't fit |
| Sell Ondo Perps no order-book sample | — | — | — | — | — |
Ondo Perps: 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 price on every exchange
against the cheapest. Click to use as the short leg.Injective149.06cheapest
InjectiveOndo Perps149.11+0.034%
Binance149.15+0.060%Orderly149.15+0.060%Nado149.16+0.067%Bybit149.17+0.074%tradeXYZ149.18+0.081%Bitget149.18+0.081%SoDEX149.21+0.101%OKX149.22+0.107%Lighter RH149.24+0.121%Vest149.24+0.121%Polymarket Perps149.24+0.121%Extended149.25+0.130%Gate149.26+0.134%Arcus149.28+0.148%QFEX149.29+0.154%Phoenix149.29+0.154%ApeX Omni149.30+0.161%BloFin149.33+0.181%
Binance
Orderly
Nado
Bybit
tradeXYZ
Bitget
SoDEX
OKX
Lighter RH
Vest
Polymarket Perps
Extended
Gate
Arcus
QFEX
Phoenix
ApeX Omni
BloFinLighter149.35+0.195%
SunX149.35+0.195%Variational Omni149.37+0.210%KuCoin149.39+0.221%edgeX149.39+0.224%HTX149.53+0.315%Aster149.62+0.376%
SunX
Variational Omni
KuCoin
HTX
AsterORCL on 27 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective ORCL/USDC PERP | −0.194% | +0.0033% | 1h | $20K | $84K | 12x | as long as short |
| Ondo Perps ORCL-USD.Pshort | −0.161% | +0.0050% | 1h | $663K | $384K | 10x | |
| Binance ORCLUSDT | −0.134% | +0.0332% | 8h | $24.9M | $28.6M | 20x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | −0.134% | +0.0100% | 8h | $190 | — | 10x | as long as short |
| Nado ORCL-PERP | −0.127% | +0.0080% | 1h | $95K | $18K | 10x | as long as short |
| Bybit ORCLUSDT | −0.121% | +0.0357% | 8h | $3.3M | $1.3M | 50x | as long as short |
| tradeXYZ xyz:ORCL | −0.114% | +0.0075% | 1h | $21.0M | $6.1M | 10x | as long as short |
| Bitget ORCLUSDT | −0.114% | +0.0743% | 8h | $7.4M | $4.9M | 20x | as long as short |
| SoDEX ORCL-USD | −0.094% | +0.0050% | 1h | $30K | $3K | 10x | as long as short |
| OKX ORCL-USDT-SWAP | −0.087% | +0.0219% | 8h | $4.7M | $5.1M | 20x | as long as short |
Show all 27 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Lighter RH ORCL | −0.074% | +0.0032% | 1h | $586K | $371K | 10x | as long as short |
| Vest ORCL-USD-PERP | −0.074% | +0.0046% | 1h | — | $127K | 25x | as long as short |
| Polymarket Perps ORCL-USD | −0.074% | +0.0050% | 1h | $132K | $104K | 10x | as long as short |
| Extended ORCL_24_5-USD | −0.065% | +0.0328% | 1h | $387K | $1.4M | 10x | as long as short |
| Gate ORCL_USDT | −0.060% | +0.0136% | 8h | $2.2M | $2.5M | 25x | as long as short |
| Arcus ORCL-USD | −0.047% | +0.0395% | 1h | $70K | $35K | 10x | as long as short |
| QFEX ORCL-USD | −0.040% | +0.0069% | 1h | $1.1M | $2.3M | 10x | as long as short |
| Phoenix ORCL | −0.040% | +0.0484% | 1h | $146K | $96K | 10x | as long as short |
| ApeX Omni ORACLEUSDT | −0.033% | +0.0100% | 1h | $22K | $268K | 50x | as long as short |
| BloFin ORCL-USDT | −0.013% | +0.0334% | 8h | $48K | $49K | 20x | as long as short |
| Lighter ORCLlong | 0.000% | +0.0032% | 1h | $474K | $8K | 10x | |
| SunX ORCL-USDT | 0.000% | 0.0000% | 8h | $3K | $2.7M | 10x | as long as short |
| Variational Omni ORCL | +0.015% | +0.0229% | 8h | $1.2M | $186K | — | as long as short |
| KuCoin ORCLUSDTM | +0.027% | +0.0100% | 8h | $254K | $78K | 20x | as long as short |
| edgeX ORCLUSDC | +0.030% | −0.0793% | 4h | $29K | $212K | 10x | as long as short |
| HTX ORCL-USDT | +0.121% | 0.0000% | 8h | $52K | $31K | 20x | as long as short |
| Aster ORCLUSDT | +0.181% | 0.0000% | 8h | $94K | $15K | 20x | as long as short |