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
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no 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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SoDEX ORCL-USD | 149.27 | 0.0050 | pay 0.0006% / 1h | 50m 46s | $30K | $3K | 10x |
| Short | Lighter ORCL | 149.31 | 0.0032 | get 0.0004% / 1h | 50m 46s | $473K | $51K | 10x |
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 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: +0.027% → 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy SoDEX no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 4 min ago | 6.36 bp | 24.4 bp −$24 | 32.2 bp −$322 | doesn't fit | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX ORCLUSDC | −0.0172% | 4h | 149.24 | −0.018% | $28K | $214K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.17 | −0.068% | $93K | $16K | 20x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.50 | +0.154% | $3K | $2.7M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.33 | +0.040% | $52K | $23K | 20x | as long as short |
| Lighter ORCLshort | +0.0032% | 1h | 149.31 | +0.027% | $473K | $51K | 10x | |
| Lighter RH ORCL | +0.0032% | 1h | 149.26 | −0.007% | $621K | $318K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.141% | $20K | $12K | 12x | as long as short |
| Arcus ORCL-USD | +0.0040% | 1h | 149.19 | −0.054% | $86K | $80K | 10x | as long as short |
| Nado ORCL-PERP | +0.0044% | 1h | 149.14 | −0.088% | $92K | $18K | 10x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.27 | 0.000% | — | $67K | 25x | as long as short |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:ORCL | +0.0050% | 1h | 149.17 | −0.067% | $21.5M | $6.8M | 10x | as long as short |
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 149.19 | −0.054% | $131K | $90K | 10x | as long as short |
| SoDEX ORCL-USDlong | +0.0050% | 1h | 149.27 | long leg | $30K | $3K | 10x | |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 149.13 | −0.094% | $696K | $717K | 10x | as long as short |
| QFEX ORCL-USD | +0.0059% | 1h | 149.22 | −0.033% | $1.1M | $2.7M | 10x | as long as short |
| Gate ORCL_USDT | +0.0065% | 8h | 149.31 | +0.027% | $2.3M | $2.9M | 25x | as long as short |
| Bitget ORCLUSDT | +0.0093% | 8h | 149.35 | +0.054% | $7.7M | $4.0M | 20x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 149.30 | +0.020% | $22K | $267K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.23 | −0.027% | $190 | — | 10x | as long as short |
| GRVT ORCL_USDT_Perp | +0.0159% | 8h | 149.29 | +0.016% | $2K | $179K | 10x | as long as short |
| Variational Omni ORCL | +0.0185% | 8h | 149.24 | −0.019% | $1.3M | $363K | — | as long as short |
| Extended ORCL_24_5-USD | +0.0248% | 1h | 149.23 | −0.027% | $389K | $1.3M | 10x | as long as short |
| Binance ORCLUSDT | +0.0249% | 8h | 149.29 | +0.013% | $24.9M | $35.4M | 20x | as long as short |
| KuCoin ORCLUSDTM | +0.0325% | 8h | 149.42 | +0.100% | $260K | $268K | 20x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0334% | 8h | 149.32 | +0.033% | $4.9M | $5.5M | 20x | as long as short |
| Bybit ORCLUSDT | +0.0492% | 8h | 149.37 | +0.067% | $3.6M | $1.4M | 50x | as long as short |
| Phoenix ORCL | +0.0536% | 1h | 149.16 | −0.074% | $152K | $75K | 10x | as long as short |
SoDEX ORCL-USD
Lighter ORCL
edgeX ORCLUSDC
Aster ORCLUSDT
SunX ORCL-USDT
HTX ORCL-USDT
Lighter RH ORCL
Injective ORCL/USDC PERP
tradeXYZ xyz:ORCL
Polymarket Perps ORCL-USD
Gate ORCL_USDT
Bitget ORCLUSDT
ApeX Omni ORACLEUSDT
GRVT ORCL_USDT_Perp
Variational Omni ORCL
Extended ORCL_24_5-USD
Binance ORCLUSDT
KuCoin ORCLUSDTM
OKX ORCL-USDT-SWAP
Bybit ORCLUSDT
Phoenix ORCL