ORCL

Alert

Spread before costs (cost unknown: a leg has no order-book sample)−0.184%

7d average—if it closes, per $10,000$18funding while held, a day+$1.39

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter RH ORCL	149.10	0.0032	pay 0.0004% / 1h	9m 30s	$597K	$417K	10x
Short	Nado ORCL-PERP	148.83	0.0078	get 0.0010% / 1h	9m 30s	$94K	$18K	10x

Price spread history

latest

Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Position, each leg$Hold forhoursFee Lighter RHbpFee NadobpOrdersClose when spread is

Spread captured: −$18.37
Funding while held: $1.39
Slippage, 4 orders: no order book: not counted
Fee Lighter RH: 0 bp × 2 orders: $0
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$23.98
Spread needed to break even: 0.070%

Slippage unknown: Lighter RH: live order book, 34 min ago; Nado: no order-book sample. Net counts fees only.

Cost of waiting

funding view

Funding /8h: +0.0046%
Per $10,000 a day: +$1.39
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 RH live order book, 34 min ago	1.01 bp	3.0 bp −$3	8.3 bp −$83	doesn't fit	doesn't fit
Sell Nado no order-book sample	—	—	—	—	—

Nado: 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.

ORCL on 27 venues

cheapest first. Swap a leg.

Exchange	vs long leg	Funding /8h	Every	OI	Vol 24h	Max lev
ApeX Omni ORACLEUSDT	−0.228%	+0.0100%	1h	$22K	$268K	50x	as long as short
edgeX ORCLUSDC	−0.217%	−0.0523%	4h	$29K	$212K	10x	as long as short
Nado ORCL-PERPshort	−0.184%	+0.0078%	1h	$94K	$18K	10x
Ondo Perps ORCL-USD.P	−0.127%	+0.0050%	1h	$704K	$522K	10x	as long as short
Phoenix ORCL	−0.121%	+0.0591%	1h	$145K	$96K	10x	as long as short
Aster ORCLUSDT	−0.101%	+0.0016%	8h	$93K	$15K	20x	as long as short
Variational Omni ORCL	−0.084%	+0.0213%	8h	$1.3M	$264K	—	as long as short
SoDEX ORCL-USD	−0.067%	+0.0050%	1h	$30K	$3K	10x	as long as short
Arcus ORCL-USD	−0.054%	+0.0749%	1h	$71K	$67K	10x	as long as short
Lighter ORCL	−0.047%	+0.0032%	1h	$473K	$7K	10x	as long as short

Show all 27 venues

Exchange	vs long leg	Funding /8h	Every	OI	Vol 24h	Max lev
Gate ORCL_USDT	−0.040%	0.0000%	8h	$2.2M	$2.8M	25x	as long as short
Orderly PERP_ORCL_USDC_mythos	−0.034%	+0.0100%	8h	$190	—	10x	as long as short
QFEX ORCL-USD	−0.027%	+0.0070%	1h	$1.1M	$2.5M	10x	as long as short
Injective ORCL/USDC PERP	−0.027%	+0.0033%	1h	$20K	$84K	12x	as long as short
HTX ORCL-USDT	−0.020%	0.0000%	8h	$52K	$22K	20x	as long as short
BloFin ORCL-USDT	−0.020%	+0.0439%	8h	$48K	$49K	20x	as long as short
Extended ORCL_24_5-USD	−0.007%	+0.0312%	1h	$387K	$1.4M	10x	as long as short
Lighter RH ORCLlong	0.000%	+0.0032%	1h	$597K	$417K	10x
Polymarket Perps ORCL-USD	0.000%	+0.0050%	1h	$131K	$115K	10x	as long as short
Binance ORCLUSDT	+0.016%	+0.0306%	8h	$24.8M	$31.0M	20x	as long as short
tradeXYZ xyz:ORCL	+0.020%	+0.0064%	1h	$22.1M	$7.6M	10x	as long as short
KuCoin ORCLUSDTM	+0.027%	+0.0100%	8h	$260K	$94K	20x	as long as short
OKX ORCL-USDT-SWAP	+0.040%	+0.0260%	8h	$4.7M	$5.3M	20x	as long as short
Vest ORCL-USD-PERP	+0.040%	+0.0046%	1h	—	$127K	25x	as long as short
Bybit ORCLUSDT	+0.067%	+0.0440%	8h	$3.4M	$1.4M	50x	as long as short
Bitget ORCLUSDT	+0.101%	+0.0701%	8h	$7.5M	$4.8M	20x	as long as short
SunX ORCL-USDT	+0.107%	0.0000%	8h	$3K	$2.9M	10x	as long as short