Funding you earn now, next payment 03:00 UTC−0.0018%/8h= −2.0% APRnext payment −$0.02 per $10,000 · paid last 24h −0.005%
Price spread now: Lighter RH against Ondo Perps+0.107%7-day average +0.049% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.032%−$3 on $10k
+Price spread, last 4 days (all we have)−0.049%−$5 · spread now +0.107%, 7d avg +0.049%
=Together, before fees−0.081%+ Points / potential airdropOndo Perps: Active · Lighter RH: Points live · farm board−$8 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Lighter RH is 0.058% dearer against Ondo Perps than usual: you sell high and buy low (spread +0.107% now, against its 7-day average of +0.049%): +$6 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 10 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps ORCL-USD.P | 149.13 | 0.0050 | pay 0.0006% / 1h | 50m 09s | $696K | $717K | 10x |
| Short | Lighter RH ORCL | 149.29 | 0.0032 | get 0.0004% / 1h | 50m 09s | $621K | $318K | 10x |
Ondo Perps ORCL-USD.P
Lighter RH ORCLFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against Ondo Perps. 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
- −$3.86
- Price spread: +0.107% → +0.049%
- $5.79
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$3.07
- Costs to cover
- 0.050%
- Break-even
- from the start
Slippage unknown: Ondo Perps: no order-book sample; Lighter RH: live order book, 12 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 Ondo Perps no order-book sample | — | — | — | — | — |
| Sell Lighter RH live order book, 12 min ago | 1.67 bp | 1.7 bp −$2 | 8.8 bp −$88 | doesn't fit | doesn't fit |
Ondo Perps: 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 on 27 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 | −0.0172% | 4h | 149.24 | +0.076% | $28K | $214K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.20 | +0.044% | $93K | $16K | 20x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.50 | +0.248% | $3K | $2.7M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.35 | +0.148% | $52K | $23K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.33 | +0.134% | $473K | $51K | 10x | as long as short |
| Lighter RH ORCLshort | +0.0032% | 1h | 149.29 | +0.107% | $621K | $318K | 10x | |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.047% | $20K | $12K | 12x | as long as short |
| Arcus ORCL-USD | +0.0040% | 1h | 149.19 | +0.040% | $86K | $80K | 10x | as long as short |
| Nado ORCL-PERP | +0.0044% | 1h | 149.18 | +0.033% | $92K | $18K | 10x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.27 | +0.094% | — | $67K | 25x | as long as short |
edgeX ORCLUSDC
Aster ORCLUSDT
SunX ORCL-USDT
HTX ORCL-USDT
Lighter ORCL
Injective ORCL/USDC PERP
Arcus ORCL-USD
Nado ORCL-PERP
Vest ORCL-USD-PERPShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:ORCL | +0.0050% | 1h | 149.21 | +0.054% | $21.5M | $6.8M | 10x | as long as short |
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 149.22 | +0.060% | $131K | $90K | 10x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 149.29 | +0.107% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.Plong | +0.0050% | 1h | 149.13 | long leg | $696K | $717K | 10x | |
| QFEX ORCL-USD | +0.0059% | 1h | 149.25 | +0.080% | $1.1M | $2.7M | 10x | as long as short |
| Gate ORCL_USDT | +0.0062% | 8h | 149.33 | +0.134% | $2.3M | $2.9M | 25x | as long as short |
| Bitget ORCLUSDT | +0.0089% | 8h | 149.35 | +0.148% | $7.7M | $4.0M | 20x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 149.30 | +0.114% | $22K | $267K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.29 | +0.107% | $190 | — | 10x | as long as short |
| GRVT ORCL_USDT_Perp | +0.0159% | 8h | 149.29 | +0.110% | $2K | $179K | 10x | as long as short |
| Variational Omni ORCL | +0.0185% | 8h | 149.24 | +0.074% | $1.3M | $363K | — | as long as short |
| Extended ORCL_24_5-USD | +0.0248% | 1h | 149.25 | +0.083% | $389K | $1.3M | 10x | as long as short |
| Binance ORCLUSDT | +0.0249% | 8h | 149.30 | +0.112% | $24.9M | $35.4M | 20x | as long as short |
| KuCoin ORCLUSDTM | +0.0323% | 8h | 149.43 | +0.201% | $260K | $268K | 20x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0333% | 8h | 149.32 | +0.127% | $4.9M | $5.5M | 20x | as long as short |
| Bybit ORCLUSDT | +0.0495% | 8h | 149.38 | +0.168% | $3.6M | $1.4M | 50x | as long as short |
| Phoenix ORCL | +0.0536% | 1h | 149.16 | +0.020% | $152K | $75K | 10x | as long as short |
tradeXYZ xyz:ORCL
Polymarket Perps ORCL-USD
SoDEX ORCL-USD
QFEX ORCL-USD
Gate ORCL_USDT
Bitget ORCLUSDT
ApeX Omni ORACLEUSDT
Orderly PERP_ORCL_USDC_mythos
GRVT ORCL_USDT_Perp
Variational Omni ORCL
Extended ORCL_24_5-USD
Binance ORCLUSDT
KuCoin ORCLUSDTM
OKX ORCL-USDT-SWAP
Bybit ORCLUSDT
Phoenix ORCL