Funding you earn now, next payment 07:00 UTC+0.0032%/8h= +3.5% APRnext payment +$0.04 per $10,000 · paid last 24h +0.007%
Price spread now: Lighter RH against Deribit+0.045%7-day average +0.035% · 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−$17as in the Price arb table
costs, in and out, $10k−$180.178% of the position
Funding, last 5 days (all we have)−0.101%−$10 on $10k
+Price spread, last 4 days (all we have)−0.041%−$4 · spread now +0.045%, 7d avg +0.035%
=Together, before fees−0.142%+ Points / potential airdropLighter RH: Points live · farm board−$14 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.035%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate. Mind the row above: over the last 5 days funding on this pair cost −0.101%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit GOOGL_USDC-PERPETUAL | 356.76 | 0 | get 0.0000% / 1h | 26m 55s | $24K | $156K | 10x |
| Short | Lighter RH GOOGL | 356.92 | 0.0032 | get 0.0004% / 1h | 26m 55s | $1.3M | $2.1M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against Deribit. 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
- $6.72
- Price spread: +0.045% → +0.035%
- $0.95
- Slippage, 4 orders
- −$10.82
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$10.15
- Costs to cover
- 0.178%
- Break-even
- 17.6 days
Slippage from Deribit: live order book, 16 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 Deribit live order book, 16 min ago | 0.14 bp | 10.9 bp −$11 | 12.7 bp −$127 | doesn't fit | doesn't fit |
| Sell Lighter RH live order book, 1 min ago | 1.40 bp | 1.7 bp −$2 | 3.7 bp −$37 | 45.2 bp −$4,524 | 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 | 356.60 | −0.045% | $511K | $1.1M | 10x | as long as short |
| OKX GOOGL-USDT-SWAP | 0.0000% | 8h | 356.88 | +0.034% | $13.6M | $13.0M | 50x | as long as short |
| Gate GOOGL_USDT | 0.0000% | 8h | 356.84 | +0.022% | $3.6M | $7.5M | 100x | as long as short |
| Bitget GOOGLUSDT | 0.0000% | 8h | 357.01 | +0.070% | $17.3M | $9.8M | 100x | as long as short |
| Variational Omni GOOGL | 0.0000% | 8h | 356.79 | +0.009% | $4.8M | $2.4M | — | as long as short |
| GRVT GOOGL_USDT_Perp | 0.0000% | 8h | 356.82 | +0.016% | $23K | $447K | 10x | as long as short |
| SunX GOOGL-USDT | 0.0000% | 8h | 356.94 | +0.050% | $1K | $4.0M | 20x | as long as short |
| Deribit GOOGL_USDC-PERPETUALlong | 0.0000% | 1h | 356.76 | long leg | $24K | $156K | 10x | |
| HTX GOOGL-USDT | 0.0000% | 8h | 357.05 | +0.081% | $115K | $211K | 30x | as long as short |
| Phemex GOOGLUSDT | 0.0000% | 4h | 356.96 | +0.056% | $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 | |
|---|---|---|---|---|---|---|---|---|
| Aftermath Perps GOOGLUSD | +0.0021% | 1h | 356.57 | −0.054% | $144K | $46K | 10x | as long as short |
| Aster GOOGLUSDT | +0.0026% | 8h | 357.10 | +0.096% | $365K | $424K | 20x | as long as short |
| Lighter RH GOOGLshort | +0.0032% | 1h | 356.92 | +0.045% | $1.3M | $2.1M | 20x | |
| Injective GOOGL/USDC PERP | +0.0033% | 1h | 357.12 | +0.101% | $128K | $45K | 30x | as long as short |
| Nado GOOGL-PERP | +0.0034% | 1h | 356.74 | −0.005% | $549K | $92K | 20x | as long as short |
| QFEX GOOGL-USD | +0.0038% | 1h | 356.91 | +0.042% | $1.2M | $4.2M | 10x | as long as short |
| Arcus GOOGL-USD | +0.0040% | 1h | 356.61 | −0.042% | $207K | $278K | 10x | as long as short |
| Vest GOOGL-USD-PERP | +0.0046% | 1h | 357.07 | +0.087% | — | $5K | 25x | as long as short |
| Binance GOOGLUSDT | +0.0048% | 8h | 356.97 | +0.059% | $72.0M | $143.9M | 50x | as long as short |
| Extended GOOGL-USD | +0.0048% | 1h | 356.88 | +0.035% | $423K | $1.2M | 20x | as long as short |
| tradeXYZ xyz:GOOGL | +0.0050% | 1h | 356.80 | +0.011% | $98.1M | $21.4M | 20x | as long as short |
| Polymarket Perps GOOG-USD | +0.0050% | 1h | 356.75 | −0.003% | $684K | $430K | 10x | as long as short |
| SoDEX GOOGL-USD | +0.0050% | 1h | 356.79 | +0.008% | $151 | $46K | 10x | as long as short |
| Ondo Perps GOOGL-USD.P | +0.0050% | 1h | 356.46 | −0.084% | $2.3M | $4.9M | 15x | as long as short |
| Paradex GOOGL-USD-PERP | +0.0053% | 8h | 356.92 | +0.046% | $293 | $253 | 5x | as long as short |
| Hotstuff GOOGL-PERP | +0.0080% | 1h | 356.77 | +0.003% | $33K | — | 20x | as long as short |
| Phoenix GOOGL | +0.0090% | 1h | 356.69 | −0.020% | $137K | $36K | 20x | as long as short |
| Pacifica GOOGL | +0.0100% | 1h | 356.76 | +0.001% | $42K | $39K | 10x | as long as short |
| KuCoin GOOGLUSDTM | +0.0100% | 8h | 356.59 | −0.048% | $3.0M | $103K | 20x | as long as short |
| ApeX Omni GOOGLUSDT | +0.0100% | 1h | 356.75 | −0.003% | $22K | $10K | 50x | as long as short |
| Orderly PERP_GOOGL_USDC | +0.0100% | 8h | 356.81 | +0.014% | $10K | $11K | 20x | as long as short |
| Aevo GOOGL-PERP | +0.0104% | 1h | 356.81 | +0.014% | $25K | — | 10x | as long as short |
| Lighter GOOGL | +0.0136% | 1h | 356.94 | +0.050% | $2.0M | $1.3M | 20x | as long as short |
| Bybit GOOGLUSDT | +0.0156% | 8h | 356.95 | +0.053% | $11.5M | $7.9M | 100x | as long as short |
| BloFin GOOGL-USDT | +0.0168% | 8h | 356.95 | +0.053% | $690K | $236K | 20x | as long as short |
| edgeX GOOGLUSDC | +0.0854% | 4h | 356.87 | +0.030% | $208K | $1.2M | 10x | as long as short |
Deribit GOOGL_USDC-PERPETUAL
Lighter RH GOOGL
Coinbase International GOOGL-PERP-INTX
OKX GOOGL-USDT-SWAP
Gate GOOGL_USDT
Bitget GOOGLUSDT
Variational Omni GOOGL
GRVT GOOGL_USDT_Perp
SunX GOOGL-USDT
HTX GOOGL-USDT
Phemex GOOGLUSDT
Aftermath Perps GOOGLUSD
Aster GOOGLUSDT
Injective GOOGL/USDC PERP
Binance GOOGLUSDT
Extended GOOGL-USD
tradeXYZ xyz:GOOGL
Polymarket Perps GOOG-USD
SoDEX GOOGL-USD
Paradex GOOGL-USD-PERP
Phoenix GOOGL
Pacifica GOOGL
KuCoin GOOGLUSDTM
ApeX Omni GOOGLUSDT
Lighter GOOGL
Bybit GOOGLUSDT
BloFin GOOGL-USDT
edgeX GOOGLUSDC