GOOGL

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0257%/8h= +28.2% APRnext payment +$0.32 per $10,000 · paid last 24h +0.034%

Price spread now: Lighter against Aftermath Perps+0.137%7-day average +0.046% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$18as in the Price arb table

costs, in and out, $10k−$270.271% of the position

Long on Aftermath Perps Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.081%+$8 on $10k

Price spread, last 3 days (all we have)−0.116%−$12 · spread now +0.137%, 7d avg +0.046%

Together, before fees−0.035%+ Points / potential airdropLighter: Season 3 · farm board−$3 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Lighter is 0.091% dearer against Aftermath Perps than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.046%.

The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.081% in total (about 9.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.32 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aftermath Perps GOOGLUSD	356.23	0.0015	pay 0.0002% / 1h	13m 30s	$144K	$54K	10x
Short	Lighter GOOGL	356.72	0.0272	get 0.0034% / 1h	13m 30s	$2.0M	$1.0M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against Aftermath Perps. 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

Position, each leg$Hold fordaysFee Aftermath PerpsbpFee LighterbpOrdersPrice spread, now +0.137%Rate

Funding earned: $53.99
Price spread: +0.137% → +0.046%: $9.13
Slippage, 4 orders: −$18.05
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Fee Lighter: 0 bp × 2 orders: $0
Net: $36.06
Costs to cover: 0.271%
Break-even: 2.3 days

Slippage from Aftermath Perps: live order book, 6 min ago; Lighter: live order book, 3 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 Aftermath Perps live order book, 6 min ago	3.39 bp	17.7 bp −$18	29.8 bp −$298	doesn't fit	doesn't fit
Sell Lighter live order book, 3 min ago	0.28 bp	0.5 bp −$1	2.1 bp −$21	90.6 bp −$9,061	doesn't fit

GOOGL on 36 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
Coinbase International GOOGL-PERP-INTX	−0.0024%	1h	356.19	−0.012%	$530K	$1.1M	10x	as long as short
Gate GOOGL_USDT	0.0000%	8h	356.54	+0.087%	$3.6M	$7.5M	100x	as long as short
SunX GOOGL-USDT	0.0000%	8h	356.67	+0.123%	$1K	$4.2M	20x	as long as short
HTX GOOGL-USDT	0.0000%	8h	356.82	+0.165%	$115K	$224K	30x	as long as short
Phemex GOOGLUSDT	0.0000%	4h	356.67	+0.123%	$2.7M	$64K	10x	as long as short
Aftermath Perps GOOGLUSDlong	+0.0015%	1h	356.23	long leg	$144K	$54K	10x
Variational Omni GOOGL	+0.0026%	8h	356.56	+0.092%	$4.6M	$2.5M	—	as long as short
Deribit GOOGL_USDC-PERPETUAL	+0.0031%	1h	356.50	+0.076%	$22K	$151K	10x	as long as short
Lighter RH GOOGL	+0.0032%	1h	356.75	+0.146%	$1.4M	$2.5M	20x	as long as short
Injective GOOGL/USDC PERP	+0.0033%	1h	357.12	+0.250%	$128K	$45K	30x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT GOOGL_USDT_Perp	+0.0034%	8h	356.55	+0.090%	$23K	$477K	10x	as long as short
QFEX GOOGL-USD	+0.0045%	1h	356.54	+0.087%	$1.3M	$4.8M	10x	as long as short
Vest GOOGL-USD-PERP	+0.0046%	1h	356.65	+0.118%	—	$5K	25x	as long as short
tradeXYZ xyz:GOOGL	+0.0050%	1h	356.45	+0.061%	$98.0M	$24.9M	20x	as long as short
Polymarket Perps GOOG-USD	+0.0050%	1h	356.45	+0.061%	$683K	$437K	10x	as long as short
SoDEX GOOGL-USD	+0.0050%	1h	356.44	+0.059%	$183	$46K	10x	as long as short
Ondo Perps GOOGL-USD.P	+0.0050%	1h	356.24	+0.003%	$2.3M	$4.9M	15x	as long as short
Bybit GOOGLUSDT	+0.0061%	8h	356.75	+0.146%	$11.5M	$7.7M	100x	as long as short
Paradex GOOGL-USD-PERP	+0.0085%	8h	356.61	+0.106%	$292	$253	5x	as long as short
Aster GOOGLUSDT	+0.0086%	8h	356.83	+0.168%	$362K	$455K	20x	as long as short
Bitget GOOGLUSDT	+0.0090%	8h	356.70	+0.132%	$16.9M	$9.2M	100x	as long as short
Pacifica GOOGL	+0.0100%	1h	356.55	+0.090%	$42K	$45K	10x	as long as short
KuCoin GOOGLUSDTM	+0.0100%	8h	356.30	+0.019%	$3.0M	$67K	20x	as long as short
ApeX Omni GOOGLUSDT	+0.0100%	1h	356.25	+0.005%	$21K	$9K	50x	as long as short
Orderly PERP_GOOGL_USDC	+0.0100%	8h	356.57	+0.095%	$10K	$10K	20x	as long as short
OKX GOOGL-USDT-SWAP	+0.0101%	8h	356.67	+0.123%	$13.8M	$12.8M	50x	as long as short
Aevo GOOGL-PERP	+0.0104%	1h	356.57	+0.096%	$25K	—	10x	as long as short
Binance GOOGLUSDT	+0.0110%	8h	356.67	+0.123%	$73.0M	$142.1M	50x	as long as short
Extended GOOGL-USD	+0.0112%	1h	356.60	+0.103%	$421K	$1.6M	20x	as long as short
Hotstuff GOOGL-PERP	+0.0120%	1h	356.45	+0.061%	$33K	—	20x	as long as short
Nado GOOGL-PERP	+0.0129%	1h	356.45	+0.061%	$559K	$82K	20x	as long as short
Phoenix GOOGL	+0.0135%	1h	356.55	+0.090%	$137K	$48K	20x	as long as short
Arcus GOOGL-USD	+0.0169%	1h	356.46	+0.064%	$202K	$271K	10x	as long as short
BloFin GOOGL-USDT	+0.0229%	8h	356.60	+0.104%	$689K	$235K	20x	as long as short
Lighter GOOGLshort	+0.0272%	1h	356.72	+0.137%	$2.0M	$1.0M	20x
edgeX GOOGLUSDC	+0.0722%	4h	356.54	+0.088%	$208K	$1.2M	10x	as long as short