GOOGL

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0008%/8h= +0.8% APRnext payment +$0.01 per $10,000 · paid last 24h +0.018%

Price spread now: Lighter against Arcus+0.079%7-day average +0.053% · 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−$210.206% of the position

Long on Arcus Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.037%−$4 on $10k

Price spread, last 4 days (all we have)−0.069%−$7 · spread now +0.079%, 7d avg +0.053%

Together, before fees−0.106%+ Points / potential airdropLighter: Season 3 · farm board−$11 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Lighter is 0.026% dearer against Arcus than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.053%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Arcus GOOGL-USD	356.41	0.0040	pay 0.0005% / 1h	40m 31s	$202K	$272K	10x
Short	Lighter GOOGL	356.69	0.0048	get 0.0006% / 1h	40m 31s	$2.1M	$1.2M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against Arcus. 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 ArcusbpFee LighterbpOrdersPrice spread, now +0.079%Rate

Funding earned: $1.62
Price spread: +0.079% → +0.053%: $2.57
Slippage, 4 orders: −$16.11
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Fee Lighter: 0 bp × 2 orders: $0
Net: −$16.42
Costs to cover: 0.206%
Break-even: 77.9 days

Slippage from Arcus: live order book, 28 min ago; Lighter: live order book, 11 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 Arcus live order book, 28 min ago	2.11 bp	10.2 bp −$10	16.8 bp −$168	doesn't fit	doesn't fit
Sell Lighter live order book, 11 min ago	0.84 bp	1.1 bp −$1	2.9 bp −$29	99.7 bp −$9,975	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
Hotstuff GOOGL-PERP	−0.0024%	1h	356.63	+0.062%	$33K	—	20x	as long as short
Coinbase International GOOGL-PERP-INTX	−0.0024%	1h	356.00	−0.115%	$528K	$1.1M	10x	as long as short
Gate GOOGL_USDT	0.0000%	8h	356.67	+0.073%	$3.6M	$7.5M	100x	as long as short
Bitget GOOGLUSDT	0.0000%	8h	356.72	+0.087%	$16.9M	$9.3M	100x	as long as short
GRVT GOOGL_USDT_Perp	0.0000%	8h	356.57	+0.045%	$23K	$438K	10x	as long as short
SunX GOOGL-USDT	0.0000%	8h	356.67	+0.073%	$1K	$4.1M	20x	as long as short
Deribit GOOGL_USDC-PERPETUAL	0.0000%	1h	356.46	+0.014%	$23K	$153K	10x	as long as short
HTX GOOGL-USDT	0.0000%	8h	356.85	+0.123%	$115K	$227K	30x	as long as short
Phemex GOOGLUSDT	0.0000%	4h	356.72	+0.087%	$2.7M	$67K	10x	as long as short
Nado GOOGL-PERP	+0.0008%	1h	356.55	+0.038%	$556K	$80K	20x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aftermath Perps GOOGLUSD	+0.0009%	1h	356.29	−0.033%	$144K	$51K	10x	as long as short
Variational Omni GOOGL	+0.0022%	8h	356.66	+0.070%	$4.7M	$2.4M	—	as long as short
Lighter RH GOOGL	+0.0032%	1h	356.73	+0.090%	$1.4M	$2.3M	20x	as long as short
Injective GOOGL/USDC PERP	+0.0033%	1h	357.12	+0.199%	$128K	$45K	30x	as long as short
QFEX GOOGL-USD	+0.0039%	1h	356.57	+0.045%	$1.3M	$4.5M	10x	as long as short
Arcus GOOGL-USDlong	+0.0040%	1h	356.41	long leg	$202K	$272K	10x
Vest GOOGL-USD-PERP	+0.0046%	1h	356.74	+0.093%	—	$5K	25x	as long as short
Lighter GOOGLshort	+0.0048%	1h	356.69	+0.079%	$2.1M	$1.2M	20x
tradeXYZ xyz:GOOGL	+0.0050%	1h	356.63	+0.062%	$98.5M	$22.5M	20x	as long as short
Polymarket Perps GOOG-USD	+0.0050%	1h	356.45	+0.011%	$683K	$433K	10x	as long as short
SoDEX GOOGL-USD	+0.0050%	1h	356.61	+0.056%	$162	$46K	10x	as long as short
Ondo Perps GOOGL-USD.P	+0.0050%	1h	356.35	−0.017%	$2.3M	$4.9M	15x	as long as short
Paradex GOOGL-USD-PERP	+0.0064%	8h	356.69	+0.078%	$292	$253	5x	as long as short
Aster GOOGLUSDT	+0.0074%	8h	356.59	+0.050%	$364K	$458K	20x	as long as short
Phoenix GOOGL	+0.0090%	1h	356.47	+0.017%	$137K	$36K	20x	as long as short
Binance GOOGLUSDT	+0.0096%	8h	356.71	+0.084%	$72.7M	$141.5M	50x	as long as short
Extended GOOGL-USD	+0.0096%	1h	356.63	+0.060%	$421K	$1.8M	20x	as long as short
Pacifica GOOGL	+0.0100%	1h	356.46	+0.015%	$42K	$43K	10x	as long as short
KuCoin GOOGLUSDTM	+0.0100%	8h	356.27	−0.039%	$3.0M	$65K	20x	as long as short
ApeX Omni GOOGLUSDT	+0.0100%	1h	356.36	−0.014%	$22K	$10K	50x	as long as short
Orderly PERP_GOOGL_USDC	+0.0100%	8h	356.54	+0.036%	$10K	$10K	20x	as long as short
Aevo GOOGL-PERP	+0.0104%	1h	356.56	+0.043%	$25K	—	10x	as long as short
Bybit GOOGLUSDT	+0.0108%	8h	356.90	+0.137%	$11.6M	$7.5M	100x	as long as short
OKX GOOGL-USDT-SWAP	+0.0182%	8h	356.82	+0.115%	$13.8M	$12.7M	50x	as long as short
BloFin GOOGL-USDT	+0.0215%	8h	356.47	+0.017%	$651K	$234K	20x	as long as short
edgeX GOOGLUSDC	+0.0814%	4h	356.62	+0.060%	$209K	$1.2M	10x	as long as short