Settings8H · net · $10k
Funding arb · Price arb /

ORCL

RWAall ORCL markets
SwapBacktest
Alert: funding
Alert: spread
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 against SoDEX+0.027%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
The price spread pays, funding is against you. Lighter is 0.027% dearer against SoDEX than usual: you sell high and buy low (spread +0.027% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 5.0 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX ORCL-USD149.270.0050pay 0.0006% / 1h50m 46s$30K$3K10x
ShortLighter ORCL149.310.0032get 0.0004% / 1h50m 46s$473K$51K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against SoDEX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
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: +0.027% → 0.000%
$2.68
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee Lighter: 0 bp × 2 orders
$0
Net
−$9.1
Costs to cover
0.080%
Break-even
never at this rate
Slippage unknown: SoDEX: no order-book sample; Lighter: live order book, 4 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy SoDEX no order-book sample
Sell Lighter live order book, 4 min ago6.36 bp24.4 bp −$2432.2 bp −$322doesn't fitdoesn't fit
SoDEX: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX ORCLUSDC−0.0172%4h149.24−0.018%$28K$214K10xas long as short
Aster ORCLUSDT0.0000%8h149.17−0.068%$93K$16K20xas long as short
SunX ORCL-USDT0.0000%8h149.50+0.154%$3K$2.7M10xas long as short
HTX ORCL-USDT0.0000%8h149.33+0.040%$52K$23K20xas long as short
Lighter ORCLshort+0.0032%1h149.31+0.027%$473K$51K10x
Lighter RH ORCL+0.0032%1h149.26−0.007%$621K$318K10xas long as short
Injective ORCL/USDC PERP+0.0033%1h149.06−0.141%$20K$12K12xas long as short
Arcus ORCL-USD+0.0040%1h149.19−0.054%$86K$80K10xas long as short
Nado ORCL-PERP+0.0044%1h149.14−0.088%$92K$18K10xas long as short
Vest ORCL-USD-PERP+0.0046%1h149.270.000%$67K25xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:ORCL+0.0050%1h149.17−0.067%$21.5M$6.8M10xas long as short
Polymarket Perps ORCL-USD+0.0050%1h149.19−0.054%$131K$90K10xas long as short
SoDEX ORCL-USDlong+0.0050%1h149.27long leg$30K$3K10x
Ondo Perps ORCL-USD.P+0.0050%1h149.13−0.094%$696K$717K10xas long as short
QFEX ORCL-USD+0.0059%1h149.22−0.033%$1.1M$2.7M10xas long as short
Gate ORCL_USDT+0.0065%8h149.31+0.027%$2.3M$2.9M25xas long as short
Bitget ORCLUSDT+0.0093%8h149.35+0.054%$7.7M$4.0M20xas long as short
ApeX Omni ORACLEUSDT+0.0100%1h149.30+0.020%$22K$267K50xas long as short
Orderly PERP_ORCL_USDC_mythos+0.0100%8h149.23−0.027%$19010xas long as short
GRVT ORCL_USDT_Perp+0.0159%8h149.29+0.016%$2K$179K10xas long as short
Variational Omni ORCL+0.0185%8h149.24−0.019%$1.3M$363Kas long as short
Extended ORCL_24_5-USD+0.0248%1h149.23−0.027%$389K$1.3M10xas long as short
Binance ORCLUSDT+0.0249%8h149.29+0.013%$24.9M$35.4M20xas long as short
KuCoin ORCLUSDTM+0.0325%8h149.42+0.100%$260K$268K20xas long as short
OKX ORCL-USDT-SWAP+0.0334%8h149.32+0.033%$4.9M$5.5M20xas long as short
Bybit ORCLUSDT+0.0492%8h149.37+0.067%$3.6M$1.4M50xas long as short
Phoenix ORCL+0.0536%1h149.16−0.074%$152K$75K10xas long as short