Funding you earn now, next payment 08:00 UTC−0.0045%/8h= −5.0% APRpaid last 24h +0.028%
Price spread now: Variational Omni against Lighter−0.084%7-day average −0.018% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.007%+$1 on $10k
+Price spread, last 4 days (all we have)+0.359%+$36 · spread now −0.084%, 7d avg −0.018%
=Together, before fees+0.366%+ Points / potential airdropLighter: Season 3 · Variational Omni: Active · farm board+$37 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 Variational Omni is 0.067% cheaper against Lighter than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of −0.018%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter ORCL | 149.37 | 0.0208 | pay 0.0026% / 1h | 58m 17s | $473K | $54K | 10x |
| Short | Variational Omni ORCL | 149.24 | 0.0163 | get 0.0163% / 8h | 58m 17s | $1.2M | $421K | — |
Lighter ORCL
Variational Omni ORCLFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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
- −$9.5
- Price spread: −0.084% → −0.018%
- −$6.68
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$16.18
- Costs to cover
- 0.000%
- Break-even
- never at this rate
Slippage unknown: Lighter: live order book, 37 min ago; Variational Omni: RFQ quote, 1 min ago. Net counts fees only.
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, 37 min ago | 4.35 bp | 12.2 bp −$12 | 14.4 bp −$144 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 1 min ago | 4.45 bp | doesn't fit | 15.0 bp −$150 | 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 | −0.0684% | 4h | 149.26 | −0.074% | $28K | $215K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.12 | −0.169% | $97K | $20K | 20x | as long as short |
| Bitget ORCLUSDT | 0.0000% | 8h | 149.36 | −0.007% | $7.7M | $2.8M | 20x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.50 | +0.087% | $3K | $2.7M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.34 | −0.020% | $52K | $25K | 20x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.208% | $20K | $9K | 12x | as long as short |
| Arcus ORCL-USD | +0.0040% | 1h | 149.17 | −0.134% | $86K | $79K | 10x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.26 | −0.074% | — | $67K | 25x | as long as short |
| tradeXYZ xyz:ORCL | +0.0050% | 1h | 149.13 | −0.161% | $21.6M | $6.9M | 10x | as long as short |
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 149.18 | −0.127% | $131K | $92K | 10x | as long as short |
edgeX ORCLUSDC
Aster ORCLUSDT
Bitget ORCLUSDT
SunX ORCL-USDT
HTX ORCL-USDT
Injective ORCL/USDC PERP
Arcus ORCL-USD
Vest ORCL-USD-PERP
tradeXYZ xyz:ORCL
Polymarket Perps ORCL-USDShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SoDEX ORCL-USD | +0.0050% | 1h | 149.24 | −0.087% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 149.04 | −0.221% | $698K | $856K | 10x | as long as short |
| QFEX ORCL-USD | +0.0065% | 1h | 149.30 | −0.047% | $1.1M | $2.0M | 10x | as long as short |
| Nado ORCL-PERP | +0.0088% | 1h | 149.19 | −0.119% | $88K | $22K | 10x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 149.29 | −0.054% | $22K | $263K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.20 | −0.114% | $190 | — | 10x | as long as short |
| KuCoin ORCLUSDTM | +0.0112% | 8h | 149.36 | −0.007% | $240K | $274K | 20x | as long as short |
| Lighter RH ORCL | +0.0144% | 1h | 149.27 | −0.067% | $622K | $316K | 10x | as long as short |
| Variational Omni ORCLshort | +0.0163% | 8h | 149.24 | −0.084% | $1.2M | $421K | — | |
| GRVT ORCL_USDT_Perp | +0.0176% | 8h | 149.30 | −0.047% | $1K | $161K | 10x | as long as short |
| Lighter ORCLlong | +0.0208% | 1h | 149.37 | long leg | $473K | $54K | 10x | |
| Gate ORCL_USDT | +0.0211% | 8h | 149.39 | +0.013% | $2.3M | $2.9M | 25x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0250% | 8h | 149.26 | −0.074% | $4.9M | $6.0M | 20x | as long as short |
| Binance ORCLUSDT | +0.0260% | 8h | 149.21 | −0.109% | $24.9M | $36.5M | 20x | as long as short |
| Extended ORCL_24_5-USD | +0.0264% | 1h | 149.17 | −0.137% | $388K | $1.4M | 10x | as long as short |
| Phoenix ORCL | +0.0429% | 1h | 149.21 | −0.107% | $153K | $71K | 10x | as long as short |
| BloFin ORCL-USDT | +0.0573% | 8h | 149.41 | +0.027% | $47K | $44K | 20x | as long as short |
| Bybit ORCLUSDT | +0.0573% | 8h | 149.29 | −0.054% | $4.1M | $1.9M | 50x | as long as short |
SoDEX ORCL-USD
Ondo Perps ORCL-USD.P
QFEX ORCL-USD
Nado ORCL-PERP
ApeX Omni ORACLEUSDT
Orderly PERP_ORCL_USDC_mythos
KuCoin ORCLUSDTM
Lighter RH ORCL
GRVT ORCL_USDT_Perp
Gate ORCL_USDT
OKX ORCL-USDT-SWAP
Binance ORCLUSDT
Extended ORCL_24_5-USD
Phoenix ORCL
BloFin ORCL-USDT
Bybit ORCLUSDT