Funding you earn now, next payment 11:00 UTC−0.0892%/8h= −97.7% APRpaid last 24h −0.144%
Price spread now: edgeX against Lighter RH−0.048%80s7-day average +0.042% · you buy dearer than you sell
Net, funding: paid 7d − costs−$151as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$280.284% of the position
Funding, last 7 days−1.222%−$122 on $10k
+Price spread, last 4 days (all we have)+0.218%+$22 · spread now −0.048%, 7d avg +0.042%
=Together, before fees−1.004%+ Points / potential airdropLighter RH: Points live · edgeX: Active · farm board−$100 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$27 a day on $10k at the current rate, and edgeX is 0.091% cheaper against Lighter RH than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of +0.042%). Swap the legs. The two prices were read 80 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH ORCL | 149.85 | 0.0232 | pay 0.0029% / 1h | 43m 58s | $624K | $294K | 10x |
| Short | edgeX ORCLUSDC | 149.78 | −0.0660 | pay 0.0330% / 4h | 1h 43m | $28K | $216K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Lighter RH. 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
- −$187.4
- Price spread: −0.048% → +0.042%
- −$9.1
- Slippage, 4 orders
- −$19.44
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$224.94
- Costs to cover
- 0.284%
- Break-even
- never at this rate
Slippage from Lighter RH: live order book, 1 min ago; edgeX: live order book, 1 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 RH live order book, 1 min ago | 2.67 bp | 3.7 bp −$4 | 8.7 bp −$87 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 1 min ago | 4.01 bp | 12.1 bp −$12 | 19.3 bp −$193 | 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 ORCLUSDCshort | −0.0660% | 4h | 149.78 | −0.048% | $28K | $216K | 10x | |
| Aster ORCLUSDT | 0.0000% | 8h | 149.56 | −0.192% | $105K | $22K | 20x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 150.06 | +0.140% | $3K | $2.4M | 10x | as long as short |
| Bitget ORCLUSDT | +0.0028% | 8h | 149.87 | +0.013% | $7.7M | $2.4M | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.87 | +0.013% | $478K | $59K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.527% | $20K | $9K | 12x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.88 | +0.020% | — | $37K | 25x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 149.64 | −0.140% | $712K | $859K | 10x | as long as short |
| QFEX ORCL-USD | +0.0079% | 1h | 149.77 | −0.053% | $1.1M | $2.0M | 10x | as long as short |
| SoDEX ORCL-USD | +0.0091% | 1h | 149.81 | −0.027% | $30K | $3K | 10x | as long as short |
Show all 28 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps ORCL-USD | +0.0095% | 1h | 149.74 | −0.073% | $131K | $69K | 10x | as long as short |
| KuCoin ORCLUSDTM | +0.0100% | 8h | 149.77 | −0.053% | $242K | $438K | 20x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 149.71 | −0.093% | $22K | $262K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.80 | −0.033% | $191 | — | 10x | as long as short |
| Nado ORCL-PERP | +0.0150% | 1h | 149.67 | −0.119% | $88K | $22K | 10x | as long as short |
| HTX ORCL-USDT | +0.0171% | 8h | 149.87 | +0.013% | $52K | $24K | 20x | as long as short |
| Lighter RH ORCLlong | +0.0232% | 1h | 149.85 | long leg | $624K | $294K | 10x | |
| OKX ORCL-USDT-SWAP | +0.0243% | 8h | 149.76 | −0.060% | $5.0M | $6.1M | 20x | as long as short |
| tradeXYZ xyz:ORCL | +0.0285% | 1h | 149.69 | −0.107% | $21.9M | $6.7M | 10x | as long as short |
| Variational Omni ORCL | +0.0296% | 8h | 149.69 | −0.109% | $1.2M | $393K | — | as long as short |
| Gate ORCL_USDT | +0.0364% | 8h | 149.92 | +0.047% | $2.3M | $2.8M | 25x | as long as short |
| Extended ORCL_24_5-USD | +0.0392% | 1h | 149.73 | −0.080% | $390K | $2.1M | 10x | as long as short |
| Binance ORCLUSDT | +0.0394% | 8h | 149.78 | −0.047% | $25.3M | $35.3M | 20x | as long as short |
| Arcus ORCL-USD | +0.0445% | 1h | 149.69 | −0.107% | $87K | $71K | 10x | as long as short |
| GRVT ORCL_USDT_Perp | +0.0633% | 8h | 149.84 | −0.009% | $1K | $136K | 10x | as long as short |
| BloFin ORCL-USDT | +0.0723% | 8h | 149.86 | +0.007% | $48K | $44K | 20x | as long as short |
| Bybit ORCLUSDT | +0.0731% | 8h | 149.83 | −0.013% | $4.2M | $1.8M | 50x | as long as short |
| Phoenix ORCL | +0.0749% | 1h | 149.67 | −0.120% | $153K | $72K | 10x | as long as short |
Lighter RH ORCL
edgeX ORCLUSDC
Aster ORCLUSDT
SunX ORCL-USDT
Bitget ORCLUSDT
Lighter ORCL
Injective ORCL/USDC PERP
SoDEX ORCL-USD
Polymarket Perps ORCL-USD
KuCoin ORCLUSDTM
ApeX Omni ORACLEUSDT
HTX ORCL-USDT
OKX ORCL-USDT-SWAP
tradeXYZ xyz:ORCL
Variational Omni ORCL
Gate ORCL_USDT
Extended ORCL_24_5-USD
Binance ORCLUSDT
GRVT ORCL_USDT_Perp
BloFin ORCL-USDT
Bybit ORCLUSDT
Phoenix ORCL