GOOGL

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0264%/8h= +28.9% APRnext payment +$0.33 per $10,000 · paid last 24h +0.040%

Price spread now: Lighter against Coinbase International+0.121%7-day average +0.125% · you sell dearer than you buy

Net, funding: paid 7d − costs$0as in the Funding arb table

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

costs, in and out, $10k−$180.179% of the position

Long on Coinbase International Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 7 days+0.183%+$18 on $10k

Price spread, last 4 days (all we have)−0.304%−$30 · spread now +0.121%, 7d avg +0.125%

Together, before fees−0.121%+ Points / potential airdropLighter: Season 3 · farm board−$12 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.125%, so right now this pair is about funding alone: +$8 a day on $10k at the current rate.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.183% in total (about 9.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.33 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	Coinbase International GOOGL-PERP-INTX	356.42	−0.0080	get 0.0010% / 1h	21m 56s	$513K	$1.1M	10x
Short	Lighter GOOGL	356.85	0.0184	get 0.0023% / 1h	21m 56s	$2.0M	$1.3M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against Coinbase International. 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 Coinbase InternationalbpFee LighterbpOrdersPrice spread, now +0.121%Rate

Funding earned: $55.44
Price spread: +0.121% → +0.125%: −$0.42
Slippage, 4 orders: −$7.9
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Lighter: 0 bp × 2 orders: $0
Net: $37.12
Costs to cover: 0.179%
Break-even: 2.3 days

Slippage from Coinbase International: live order book, 1 min ago; Lighter: live order book, 5 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 Coinbase International live order book, 1 min ago	2.10 bp	9.4 bp −$9	11.3 bp −$113	doesn't fit	doesn't fit
Sell Lighter live order book, 5 min ago	0.28 bp	0.3 bp $0	2.3 bp −$23	33.8 bp −$3,375	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-INTXlong	−0.0080%	1h	356.42	long leg	$513K	$1.1M	10x
Aster GOOGLUSDT	0.0000%	8h	357.04	+0.174%	$366K	$423K	20x	as long as short
Extended GOOGL-USD	0.0000%	1h	356.84	+0.117%	$424K	$2.5M	20x	as long as short
Bybit GOOGLUSDT	0.0000%	8h	356.90	+0.135%	$11.5M	$7.4M	100x	as long as short
OKX GOOGL-USDT-SWAP	0.0000%	8h	356.83	+0.115%	$13.5M	$13.2M	50x	as long as short
Hotstuff GOOGL-PERP	0.0000%	1h	356.57	+0.042%	$33K	—	20x	as long as short
Gate GOOGL_USDT	0.0000%	8h	356.80	+0.107%	$3.6M	$7.1M	100x	as long as short
Bitget GOOGLUSDT	0.0000%	8h	356.96	+0.152%	$17.3M	$9.7M	100x	as long as short
Variational Omni GOOGL	0.0000%	8h	356.77	+0.097%	$4.8M	$2.4M	—	as long as short
GRVT GOOGL_USDT_Perp	0.0000%	8h	356.71	+0.080%	$23K	$441K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX GOOGL-USDT	0.0000%	8h	356.97	+0.154%	$1K	$3.9M	20x	as long as short
Deribit GOOGL_USDC-PERPETUAL	0.0000%	1h	356.73	+0.087%	$24K	$149K	10x	as long as short
HTX GOOGL-USDT	0.0000%	8h	357.01	+0.166%	$114K	$209K	30x	as long as short
Phemex GOOGLUSDT	0.0000%	4h	356.81	+0.109%	$2.7M	$91K	10x	as long as short
Binance GOOGLUSDT	0.0000%	8h	356.94	+0.145%	$72.2M	$142.1M	50x	as long as short
BloFin GOOGL-USDT	+0.0018%	8h	356.76	+0.095%	$688K	$234K	20x	as long as short
Aftermath Perps GOOGLUSD	+0.0029%	1h	356.67	+0.069%	$144K	$43K	10x	as long as short
Lighter RH GOOGL	+0.0032%	1h	356.80	+0.107%	$1.4M	$1.9M	20x	as long as short
Injective GOOGL/USDC PERP	+0.0033%	1h	357.12	+0.196%	$128K	$45K	30x	as long as short
QFEX GOOGL-USD	+0.0039%	1h	356.95	+0.149%	$1.3M	$4.1M	10x	as long as short
Arcus GOOGL-USD	+0.0040%	1h	356.70	+0.079%	$209K	$282K	10x	as long as short
Nado GOOGL-PERP	+0.0043%	1h	356.73	+0.088%	$549K	$88K	20x	as long as short
Vest GOOGL-USD-PERP	+0.0046%	1h	356.94	+0.146%	—	$5K	25x	as long as short
tradeXYZ xyz:GOOGL	+0.0050%	1h	356.71	+0.081%	$98.1M	$21.3M	20x	as long as short
Polymarket Perps GOOG-USD	+0.0050%	1h	356.52	+0.028%	$684K	$414K	10x	as long as short
SoDEX GOOGL-USD	+0.0050%	1h	356.59	+0.048%	$123	$46K	10x	as long as short
Ondo Perps GOOGL-USD.P	+0.0050%	1h	356.50	+0.022%	$2.2M	$4.0M	15x	as long as short
Paradex GOOGL-USD-PERP	+0.0056%	8h	356.86	+0.123%	$293	$253	5x	as long as short
KuCoin GOOGLUSDTM	+0.0058%	8h	356.58	+0.045%	$3.0M	$158K	20x	as long as short
Phoenix GOOGL	+0.0090%	1h	356.60	+0.051%	$137K	$36K	20x	as long as short
Pacifica GOOGL	+0.0100%	1h	356.84	+0.119%	$42K	$25K	10x	as long as short
ApeX Omni GOOGLUSDT	+0.0100%	1h	356.76	+0.095%	$22K	$10K	50x	as long as short
Orderly PERP_GOOGL_USDC	+0.0100%	8h	356.81	+0.109%	$10K	$12K	20x	as long as short
Aevo GOOGL-PERP	+0.0104%	1h	356.76	+0.097%	$25K	—	10x	as long as short
edgeX GOOGLUSDC	+0.0142%	4h	356.64	+0.062%	$208K	$1.2M	10x	as long as short
Lighter GOOGLshort	+0.0184%	1h	356.85	+0.121%	$2.0M	$1.3M	20x