Funding you earn now, next payment 00:00 UTC+0.0040%/8h= +4.4% APRnext payment +$0.05 per $10,000 · paid last 24h +0.039%
Price spread now: Extended against Lighter RH−0.046%7-day average +0.026% · you buy dearer than you sell
Net, funding: paid 7d − costs−$12as in the Funding arb table
Net, price: spread back to 7d avg − costs−$29as in the Price arb table
costs, in and out, $10k−$220.215% of the position
Funding, last 7 days+0.091%+$9 on $10k
+Price spread, last 4 days (all we have)+0.068%+$7 · spread now −0.046%, 7d avg +0.026%
=Together, before fees+0.159%+ Points / potential airdropLighter RH: Points live · Extended: Active · farm board+$16 on $10k · with fees, hour by hour
Funding pays, the price is against you. Extended is 0.072% cheaper against Lighter RH than usual: you would sell low and buy high (spread −0.046% now, against its 7-day average of +0.026%). If the spread goes back, that is −$7 on $10k: about 6.0 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH ORCL | 149.34 | 0.0112 | pay 0.0014% / 1h | 14m 00s | $621K | $462K | 10x |
| Short | Extended ORCL_24_5-USD | 149.27 | 0.0152 | get 0.0019% / 1h | 14m 00s | $386K | $1.4M | 10x |
Lighter RH ORCL
Extended ORCL_24_5-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- $8.4
- Price spread: −0.046% → +0.026%
- −$7.22
- Slippage, 4 orders
- −$16.52
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$20.35
- Costs to cover
- 0.215%
- Break-even
- 24.0 days
Slippage from Lighter RH: live order book, 63 min ago; Extended: live order book, 4 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, 63 min ago | 2.02 bp | 3.0 bp −$3 | 7.6 bp −$76 | doesn't fit | doesn't fit |
| Sell Extended live order book, 4 min ago | 1.67 bp | 8.2 bp −$8 | 51.0 bp −$510 | 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 | −0.0429% | 4h | 149.38 | +0.027% | $28K | $215K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.38 | +0.027% | $94K | $16K | 20x | as long as short |
| Gate ORCL_USDT | 0.0000% | 8h | 149.41 | +0.047% | $2.3M | $3.0M | 25x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.61 | +0.181% | $2K | $2.8M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.17 | −0.114% | $52K | $23K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.38 | +0.027% | $473K | $53K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.187% | $20K | $14K | 12x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.30 | −0.027% | — | $127K | 25x | as long as short |
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 149.26 | −0.054% | $131K | $122K | 10x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 149.33 | −0.007% | $30K | $3K | 10x | as long as short |
edgeX ORCLUSDC
Aster ORCLUSDT
Gate ORCL_USDT
SunX ORCL-USDT
HTX ORCL-USDT
Lighter ORCL
Injective ORCL/USDC PERP
Vest ORCL-USD-PERP
Polymarket Perps ORCL-USD
SoDEX ORCL-USDShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 149.16 | −0.121% | $710K | $696K | 10x | as long as short |
| QFEX ORCL-USD | +0.0071% | 1h | 149.32 | −0.013% | $1.1M | $2.9M | 10x | as long as short |
| Variational Omni ORCL | +0.0093% | 8h | 149.38 | +0.029% | $1.3M | $363K | — | as long as short |
| GRVT ORCL_USDT_Perp | +0.0098% | 8h | 149.38 | +0.027% | $1K | $194K | 10x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 149.40 | +0.040% | $22K | $269K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.33 | −0.007% | $190 | — | 10x | as long as short |
| Lighter RH ORCLlong | +0.0112% | 1h | 149.34 | long leg | $621K | $462K | 10x | |
| tradeXYZ xyz:ORCL | +0.0145% | 1h | 149.17 | −0.114% | $21.5M | $8.2M | 10x | as long as short |
| Extended ORCL_24_5-USDshort | +0.0152% | 1h | 149.27 | −0.046% | $386K | $1.4M | 10x | |
| Binance ORCLUSDT | +0.0154% | 8h | 149.30 | −0.027% | $25.0M | $35.5M | 20x | as long as short |
| Nado ORCL-PERP | +0.0155% | 1h | 149.19 | −0.102% | $92K | $18K | 10x | as long as short |
| KuCoin ORCLUSDTM | +0.0245% | 8h | 149.38 | +0.027% | $259K | $243K | 20x | as long as short |
| Arcus ORCL-USD | +0.0289% | 1h | 149.27 | −0.047% | $86K | $81K | 10x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0301% | 8h | 149.29 | −0.033% | $4.8M | $5.7M | 20x | as long as short |
| Bitget ORCLUSDT | +0.0374% | 8h | 149.34 | 0.000% | $7.5M | $4.5M | 20x | as long as short |
| BloFin ORCL-USDT | +0.0509% | 8h | 149.45 | +0.074% | $47K | $51K | 20x | as long as short |
| Bybit ORCLUSDT | +0.0524% | 8h | 149.33 | −0.007% | $3.5M | $1.5M | 50x | as long as short |
| Phoenix ORCL | +0.0538% | 1h | 149.23 | −0.074% | $150K | $84K | 10x | as long as short |
Ondo Perps ORCL-USD.P
QFEX ORCL-USD
Variational Omni ORCL
GRVT ORCL_USDT_Perp
ApeX Omni ORACLEUSDT
Orderly PERP_ORCL_USDC_mythos
tradeXYZ xyz:ORCL
Binance ORCLUSDT
Nado ORCL-PERP
KuCoin ORCLUSDTM
Arcus ORCL-USD
OKX ORCL-USDT-SWAP
Bitget ORCLUSDT
BloFin ORCL-USDT
Bybit ORCLUSDT
Phoenix ORCL