After costs, if the gap returns to its 7d average, $10k−$44
spread now−0.168%7d average+0.005%fees + slippage, in and out−$27spread needed0.266%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH ORCL | 148.51 | 0.0032 | pay 0.0004% / 1h | 21m 25s | $624K | $472K | 10x |
| Short | Phoenix ORCL | 148.26 | 0.0482 | get 0.0060% / 1h | 21m 25s | $149K | $101K | 10x |
Lighter RH ORCL
Phoenix ORCLPrice 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
- −$16.83
- Funding while held
- $13.51
- Slippage, 4 orders
- −$19.58
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- −$29.9
- Spread needed to break even
- 0.266%
Slippage from Lighter RH: live order book, 12 min ago; Phoenix: live order book, 10 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0450%
- Per $10,000 a day
- +$13.51
- 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, 12 min ago | 2.02 bp | 3.5 bp −$3 | 8.0 bp −$80 | doesn't fit | doesn't fit |
| Sell Phoenix live order book, 10 min ago | 2.69 bp | 9.6 bp −$10 | 20.2 bp −$202 | doesn't fit | doesn't fit |
ORCL price on every exchange
against the cheapest. Click to use as the short leg.Nado148.15cheapest
NadoPhoenix148.26+0.073%
BloFin148.28+0.086%Ondo Perps148.30+0.100%edgeX148.35+0.131%tradeXYZ148.41+0.174%Vest148.41+0.174%Polymarket Perps148.41+0.174%KuCoin148.42+0.181%Extended148.43+0.188%Arcus148.44+0.194%SoDEX148.44+0.194%Lighter148.45+0.201%QFEX148.45+0.201%Bybit148.46+0.208%ApeX Omni148.48+0.221%Orderly148.48+0.221%Binance148.49+0.228%Gate148.49+0.228%OKX148.50+0.235%
BloFin
Ondo Perps
tradeXYZ
Vest
Polymarket Perps
KuCoin
Extended
Arcus
SoDEX
Lighter
QFEX
Bybit
ApeX Omni
Orderly
Binance
Gate
OKXLighter RH148.51+0.242%
Variational Omni148.53+0.253%Bitget148.53+0.255%HTX148.55+0.269%SunX148.63+0.323%Aster148.85+0.469%Injective149.06+0.613%
Variational Omni
Bitget
HTX
SunX
Aster
InjectiveORCL on 27 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Nado ORCL-PERP | −0.241% | +0.0136% | 1h | $93K | $18K | 10x | as long as short |
| Phoenix ORCLshort | −0.168% | +0.0482% | 1h | $149K | $101K | 10x | |
| BloFin ORCL-USDT | −0.155% | +0.0437% | 8h | $48K | $51K | 20x | as long as short |
| Ondo Perps ORCL-USD.P | −0.141% | +0.0050% | 1h | $738K | $620K | 10x | as long as short |
| edgeX ORCLUSDC | −0.111% | −0.0353% | 4h | $29K | $213K | 10x | as long as short |
| tradeXYZ xyz:ORCL | −0.067% | +0.0063% | 1h | $21.6M | $8.6M | 10x | as long as short |
| Vest ORCL-USD-PERP | −0.067% | +0.0046% | 1h | — | $127K | 25x | as long as short |
| Polymarket Perps ORCL-USD | −0.067% | +0.0050% | 1h | $130K | $119K | 10x | as long as short |
| KuCoin ORCLUSDTM | −0.061% | +0.0100% | 8h | $257K | $137K | 20x | as long as short |
| Extended ORCL_24_5-USD | −0.053% | +0.0224% | 1h | $385K | $1.4M | 10x | as long as short |
Show all 27 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Arcus ORCL-USD | −0.047% | +0.0349% | 1h | $78K | $81K | 10x | as long as short |
| SoDEX ORCL-USD | −0.047% | +0.0050% | 1h | $30K | $3K | 10x | as long as short |
| Lighter ORCL | −0.040% | +0.0032% | 1h | $471K | $51K | 10x | as long as short |
| QFEX ORCL-USD | −0.040% | +0.0061% | 1h | $1.1M | $2.6M | 10x | as long as short |
| Bybit ORCLUSDT | −0.034% | +0.0461% | 8h | $3.3M | $1.5M | 50x | as long as short |
| ApeX Omni ORACLEUSDT | −0.020% | +0.0100% | 1h | $22K | $267K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | −0.020% | +0.0100% | 8h | $189 | — | 10x | as long as short |
| Binance ORCLUSDT | −0.013% | +0.0221% | 8h | $24.6M | $34.0M | 20x | as long as short |
| Gate ORCL_USDT | −0.013% | 0.0000% | 8h | $2.2M | $3.0M | 25x | as long as short |
| OKX ORCL-USDT-SWAP | −0.007% | +0.0267% | 8h | $4.7M | $5.5M | 20x | as long as short |
| Lighter RH ORCLlong | 0.000% | +0.0032% | 1h | $624K | $472K | 10x | |
| Variational Omni ORCL | +0.011% | +0.0109% | 8h | $1.3M | $270K | — | as long as short |
| Bitget ORCLUSDT | +0.013% | +0.0583% | 8h | $7.5M | $4.8M | 20x | as long as short |
| HTX ORCL-USDT | +0.027% | 0.0000% | 8h | $52K | $22K | 20x | as long as short |
| SunX ORCL-USDT | +0.081% | 0.0000% | 8h | $3K | $2.9M | 10x | as long as short |
| Aster ORCLUSDT | +0.227% | +0.0074% | 8h | $93K | $16K | 20x | as long as short |
| Injective ORCL/USDC PERP | +0.370% | +0.0033% | 1h | $20K | $84K | 12x | as long as short |