Funding you earn now, next payment 05:00 UTC+0.0016%/8h= +1.8% APRnext payment +$0.02 per $10,000 · paid last 24h −0.003%
Price spread now: Lighter RH against Coinbase International+0.109%7-day average +0.118% · you sell dearer than you buy
Net, funding: paid 7d − costs−$16as in the Funding arb table
Net, price: spread back to 7d avg − costs−$20as in the Price arb table
costs, in and out, $10k−$190.187% of the position
Funding, last 7 days+0.022%+$2 on $10k
+Price spread, last 4 days (all we have)−0.102%−$10 · spread now +0.109%, 7d avg +0.118%
=Together, before fees−0.080%+ Points / potential airdropLighter RH: Points live · farm board−$8 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.118%, so right now this pair is about funding alone: $0 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International GOOGL-PERP-INTX | 356.88 | 0.0016 | pay 0.0002% / 1h | 1m 50s | $519K | $1.1M | 10x |
| Short | Lighter RH GOOGL | 357.27 | 0.0032 | get 0.0004% / 1h | 1m 50s | $1.3M | $2.1M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $3.36
- Price spread: +0.109% → +0.118%
- −$0.84
- Slippage, 4 orders
- −$8.72
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$16.2
- Costs to cover
- 0.187%
- Break-even
- 40.7 days
Slippage from Coinbase International: live order book, 2 min ago; Lighter RH: live order book, 1 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, 2 min ago | 2.38 bp | 8.0 bp −$8 | 10.9 bp −$109 | doesn't fit | doesn't fit |
| Sell Lighter RH live order book, 1 min ago | 1.12 bp | 1.5 bp −$1 | 3.6 bp −$36 | 45.1 bp −$4,510 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Nado GOOGL-PERP | −0.0023% | 1h | 357.10 | +0.061% | $557K | $86K | 20x | as long as short |
| OKX GOOGL-USDT-SWAP | 0.0000% | 8h | 357.26 | +0.106% | $13.7M | $12.8M | 50x | as long as short |
| Gate GOOGL_USDT | 0.0000% | 8h | 357.16 | +0.078% | $3.6M | $7.4M | 100x | as long as short |
| Bitget GOOGLUSDT | 0.0000% | 8h | 357.37 | +0.137% | $17.3M | $9.8M | 100x | as long as short |
| Variational Omni GOOGL | 0.0000% | 8h | 357.30 | +0.118% | $4.7M | $2.4M | — | as long as short |
| GRVT GOOGL_USDT_Perp | 0.0000% | 8h | 357.38 | +0.140% | $23K | $445K | 10x | as long as short |
| SunX GOOGL-USDT | 0.0000% | 8h | 357.30 | +0.118% | $1K | $4.0M | 20x | as long as short |
| Deribit GOOGL_USDC-PERPETUAL | 0.0000% | 1h | 356.98 | +0.028% | $24K | $156K | 10x | as long as short |
| HTX GOOGL-USDT | 0.0000% | 8h | 357.39 | +0.143% | $115K | $213K | 30x | as long as short |
| Phemex GOOGLUSDT | 0.0000% | 4h | 357.36 | +0.134% | $2.7M | $87K | 10x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International GOOGL-PERP-INTXlong | +0.0016% | 1h | 356.88 | long leg | $519K | $1.1M | 10x | |
| Aftermath Perps GOOGLUSD | +0.0021% | 1h | 357.27 | +0.110% | $145K | $46K | 10x | as long as short |
| Hotstuff GOOGL-PERP | +0.0024% | 1h | 357.13 | +0.070% | $33K | — | 20x | as long as short |
| Lighter RH GOOGLshort | +0.0032% | 1h | 357.27 | +0.109% | $1.3M | $2.1M | 20x | |
| Injective GOOGL/USDC PERP | +0.0033% | 1h | 357.12 | +0.067% | $128K | $45K | 30x | as long as short |
| Arcus GOOGL-USD | +0.0040% | 1h | 357.05 | +0.048% | $207K | $278K | 10x | as long as short |
| Aster GOOGLUSDT | +0.0043% | 8h | 357.41 | +0.148% | $366K | $426K | 20x | as long as short |
| Vest GOOGL-USD-PERP | +0.0046% | 1h | 357.33 | +0.126% | — | $5K | 25x | as long as short |
| QFEX GOOGL-USD | +0.0047% | 1h | 357.16 | +0.078% | $1.2M | $4.2M | 10x | as long as short |
| tradeXYZ xyz:GOOGL | +0.0050% | 1h | 357.05 | +0.048% | $98.2M | $21.5M | 20x | as long as short |
| Polymarket Perps GOOG-USD | +0.0050% | 1h | 357.07 | +0.053% | $685K | $430K | 10x | as long as short |
| SoDEX GOOGL-USD | +0.0050% | 1h | 357.03 | +0.042% | $158 | $46K | 10x | as long as short |
| Ondo Perps GOOGL-USD.P | +0.0050% | 1h | 356.96 | +0.022% | $2.3M | $4.8M | 15x | as long as short |
| Paradex GOOGL-USD-PERP | +0.0056% | 8h | 357.22 | +0.096% | $293 | $253 | 5x | as long as short |
| Binance GOOGLUSDT | +0.0063% | 8h | 357.27 | +0.109% | $72.0M | $143.6M | 50x | as long as short |
| Extended GOOGL-USD | +0.0064% | 1h | 357.17 | +0.081% | $422K | $1.2M | 20x | as long as short |
| Pacifica GOOGL | +0.0100% | 1h | 357.05 | +0.048% | $42K | $39K | 10x | as long as short |
| KuCoin GOOGLUSDTM | +0.0100% | 8h | 356.80 | −0.022% | $3.0M | $106K | 20x | as long as short |
| ApeX Omni GOOGLUSDT | +0.0100% | 1h | 357.12 | +0.067% | $22K | $10K | 50x | as long as short |
| Orderly PERP_GOOGL_USDC | +0.0100% | 8h | 357.08 | +0.056% | $10K | $11K | 20x | as long as short |
| Aevo GOOGL-PERP | +0.0104% | 1h | 357.15 | +0.077% | $25K | — | 10x | as long as short |
| Lighter GOOGL | +0.0112% | 1h | 357.27 | +0.109% | $2.0M | $1.3M | 20x | as long as short |
| Phoenix GOOGL | +0.0134% | 1h | 357.21 | +0.092% | $137K | $36K | 20x | as long as short |
| BloFin GOOGL-USDT | +0.0184% | 8h | 357.27 | +0.109% | $685K | $236K | 20x | as long as short |
| Bybit GOOGLUSDT | +0.0192% | 8h | 357.33 | +0.126% | $12.0M | $7.5M | 100x | as long as short |
| edgeX GOOGLUSDC | +0.0502% | 4h | 357.31 | +0.121% | $208K | $1.2M | 10x | as long as short |
Coinbase International GOOGL-PERP-INTX
Lighter RH GOOGL
OKX GOOGL-USDT-SWAP
Gate GOOGL_USDT
Bitget GOOGLUSDT
Variational Omni GOOGL
GRVT GOOGL_USDT_Perp
SunX GOOGL-USDT
Deribit GOOGL_USDC-PERPETUAL
HTX GOOGL-USDT
Phemex GOOGLUSDT
Aftermath Perps GOOGLUSD
Injective GOOGL/USDC PERP
Aster GOOGLUSDT
tradeXYZ xyz:GOOGL
Polymarket Perps GOOG-USD
SoDEX GOOGL-USD
Paradex GOOGL-USD-PERP
Binance GOOGLUSDT
Extended GOOGL-USD
Pacifica GOOGL
KuCoin GOOGLUSDTM
ApeX Omni GOOGLUSDT
Lighter GOOGL
Phoenix GOOGL
BloFin GOOGL-USDT
Bybit GOOGLUSDT
edgeX GOOGLUSDC