Funding you earn now, next payment 20:00 UTC−0.0018%/8hnext payment −$0.02 per $10,000 · paid last 24h −0.013%
Price spread now: Lighter against Polymarket Perps+0.094%7-day average +0.086% · you sell dearer than you buy
Net, funding: paid 7d − costs−$56as in the Funding arb table
Net, price: spread back to 7d avg − costs−$59as in the Price arb table
costs, in and out, $10k−$600.602% of the position
Funding, last 7 days+0.045%+$5 on $10k
+Price spread, last 3 days (all we have)−0.145%−$14 · spread now +0.094%, 7d avg +0.086%
=Together, before fees−0.099%+ Points / potential airdropLighter: Season 3 · farm board−$10 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.086%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps ORCL-USD | 148.53 | 0.0050 | pay 0.0006% / 1h | 23m 25s | $130K | $122K | 10x |
| Short | Lighter ORCL | 148.67 | 0.0032 | get 0.0004% / 1h | 23m 25s | $472K | $52K | 10x |
Polymarket Perps ORCL-USD
Lighter ORCLFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Polymarket 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
- −$3.78
- Price spread: +0.094% → +0.086%
- $0.83
- Slippage, 4 orders
- −$52.24
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$63.19
- Costs to cover
- 0.602%
- Break-even
- never at this rate
Slippage from Polymarket Perps: live order book, 7 min ago; Lighter: 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 Polymarket Perps live order book, 7 min ago | 1.69 bp | 5.7 bp −$6 | 5.9 bp −$59 | 16.1 bp −$1,612 | doesn't fit |
| Sell Lighter live order book, 4 min ago | 12.11 bp | 31.7 bp −$32 | 35.9 bp −$359 | 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 | −0.0764% | 4h | 148.56 | +0.020% | $29K | $213K | 10x | as long as short |
| Gate ORCL_USDT | 0.0000% | 8h | 148.67 | +0.094% | $2.2M | $3.0M | 25x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 148.83 | +0.202% | $2K | $2.9M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 148.70 | +0.114% | $52K | $22K | 20x | as long as short |
| Lighter ORCLshort | +0.0032% | 1h | 148.67 | +0.094% | $472K | $52K | 10x | |
| Lighter RH ORCL | +0.0032% | 1h | 148.64 | +0.074% | $621K | $475K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | +0.357% | $20K | $45K | 12x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 148.61 | +0.054% | — | $127K | 25x | as long as short |
| GRVT ORCL_USDT_Perp | +0.0049% | 8h | 148.63 | +0.067% | $2K | $197K | 10x | as long as short |
| tradeXYZ xyz:ORCL | +0.0050% | 1h | 148.41 | −0.081% | $21.6M | $8.7M | 10x | as long as short |
edgeX ORCLUSDC
Gate ORCL_USDT
SunX ORCL-USDT
HTX ORCL-USDT
Lighter RH ORCL
Injective ORCL/USDC PERP
Vest ORCL-USD-PERP
GRVT ORCL_USDT_Perp
tradeXYZ xyz:ORCLShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps ORCL-USDlong | +0.0050% | 1h | 148.53 | long leg | $130K | $122K | 10x | |
| SoDEX ORCL-USD | +0.0050% | 1h | 148.66 | +0.088% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 148.51 | −0.013% | $735K | $632K | 10x | as long as short |
| QFEX ORCL-USD | +0.0058% | 1h | 148.64 | +0.074% | $1.1M | $2.7M | 10x | as long as short |
| Variational Omni ORCL | +0.0093% | 8h | 148.50 | −0.021% | $1.3M | $269K | — | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 148.56 | +0.020% | $22K | $269K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 148.49 | −0.027% | $189 | — | 10x | as long as short |
| Aster ORCLUSDT | +0.0104% | 8h | 148.79 | +0.172% | $93K | $16K | 20x | as long as short |
| KuCoin ORCLUSDTM | +0.0128% | 8h | 148.73 | +0.135% | $257K | $156K | 20x | as long as short |
| Nado ORCL-PERP | +0.0147% | 1h | 148.52 | −0.007% | $93K | $19K | 10x | as long as short |
| Extended ORCL_24_5-USD | +0.0200% | 1h | 148.49 | −0.028% | $385K | $1.4M | 10x | as long as short |
| Binance ORCLUSDT | +0.0203% | 8h | 148.50 | −0.020% | $24.7M | $35.4M | 20x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0272% | 8h | 148.49 | −0.027% | $4.7M | $5.5M | 20x | as long as short |
| Arcus ORCL-USD | +0.0304% | 1h | 148.45 | −0.054% | $78K | $81K | 10x | as long as short |
| Bybit ORCLUSDT | +0.0498% | 8h | 148.59 | +0.040% | $3.4M | $1.5M | 50x | as long as short |
| BloFin ORCL-USDT | +0.0511% | 8h | 148.47 | −0.040% | $47K | $52K | 20x | as long as short |
| Phoenix ORCL | +0.0539% | 1h | 148.50 | −0.020% | $149K | $101K | 10x | as long as short |
| Bitget ORCLUSDT | +0.0551% | 8h | 148.52 | −0.007% | $7.4M | $4.9M | 20x | as long as short |
SoDEX ORCL-USD
Ondo Perps ORCL-USD.P
QFEX ORCL-USD
Variational Omni ORCL
ApeX Omni ORACLEUSDT
Orderly PERP_ORCL_USDC_mythos
Aster ORCLUSDT
KuCoin ORCLUSDTM
Nado ORCL-PERP
Extended ORCL_24_5-USD
Binance ORCLUSDT
OKX ORCL-USDT-SWAP
Arcus ORCL-USD
Bybit ORCLUSDT
BloFin ORCL-USDT
Phoenix ORCL
Bitget ORCLUSDT