Settings8H · net · $10k
Funding arb · Price arb /

GOOGL

RWAall GOOGL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0104%/8h= −11.4% APRnext payment $0.13 per $10,000 · paid last 24h −0.035%
Price spread now: Lighter RH against Extended+0.030%7-day average +0.008% · you sell dearer than you buy
Net, funding: paid 7d − costs−$14as in the Funding arb table
Net, price: spread back to 7d avg − costs−$8as in the Price arb table
costs, in and out, $10k−$100.098% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.042%−$4 on $10k
Price spread, last 7 days+0.098%+$10 · spread now +0.030%, 7d avg +0.008%
Together, before fees+0.056%+ Points / potential airdropExtended: Active · Lighter RH: Points live · farm board+$6 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Lighter RH is 0.023% dearer against Extended than usual: you sell high and buy low (spread +0.030% now, against its 7-day average of +0.008%): +$2 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 18 hours. At the pace of the last 7 days (−0.042% in total) that is about 3.8 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended GOOGL-USD356.590.0136pay 0.0017% / 1h51m 14s$421K$1.6M20x
ShortLighter RH GOOGL356.700.0032get 0.0004% / 1h51m 14s$1.4M$2.3M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter RH against Extended. 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

Funding earned
−$21.84
Price spread: +0.030% → +0.008%
$2.28
Slippage, 4 orders
−$4.8
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Lighter RH: 0 bp × 2 orders
$0
Net
−$29.36
Costs to cover
0.098%
Break-even
never at this rate
Slippage from Extended: live order book, 2 min ago; Lighter RH: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Extended live order book, 2 min ago0.14 bp3.5 bp −$49.1 bp −$91doesn't fitdoesn't fit
Sell Lighter RH live order book, 2 min ago1.12 bp1.3 bp −$14.7 bp −$4749.1 bp −$4,905doesn't fit

GOOGL on 36 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate GOOGL_USDT0.0000%8h356.55−0.012%$3.6M$7.5M100xas long as short
SunX GOOGL-USDT0.0000%8h356.69+0.028%$2K$4.2M20xas long as short
Deribit GOOGL_USDC-PERPETUAL0.0000%1h356.49−0.028%$23K$153K10xas long as short
HTX GOOGL-USDT0.0000%8h356.79+0.056%$115K$224K30xas long as short
Phemex GOOGLUSDT0.0000%4h356.79+0.056%$2.7M$66K10xas long as short
Aftermath Perps GOOGLUSD+0.0017%1h356.33−0.072%$144K$53K10xas long as short
Lighter RH GOOGLshort+0.0032%1h356.70+0.030%$1.4M$2.3M20x
Coinbase International GOOGL-PERP-INTX+0.0032%1h356.29−0.085%$529K$1.1M10xas long as short
Injective GOOGL/USDC PERP+0.0033%1h357.12+0.148%$128K$45K30xas long as short
Vest GOOGL-USD-PERP+0.0046%1h356.70+0.030%$5K25xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:GOOGL+0.0050%1h356.39−0.056%$98.1M$24.5M20xas long as short
Polymarket Perps GOOG-USD+0.0050%1h356.48−0.031%$683K$437K10xas long as short
SoDEX GOOGL-USD+0.0050%1h356.39−0.056%$180$46K10xas long as short
Ondo Perps GOOGL-USD.P+0.0050%1h356.31−0.079%$2.3M$4.9M15xas long as short
QFEX GOOGL-USD+0.0064%1h356.60+0.002%$1.3M$4.8M10xas long as short
Variational Omni GOOGL+0.0068%8h356.63+0.011%$4.8M$2.7Mas long as short
Paradex GOOGL-USD-PERP+0.0098%8h356.64+0.015%$292$2535xas long as short
Nado GOOGL-PERP+0.0100%1h356.49−0.030%$560K$81K20xas long as short
Pacifica GOOGL+0.0100%1h356.41−0.050%$42K$45K10xas long as short
KuCoin GOOGLUSDTM+0.0100%8h356.29−0.085%$3.0M$66K20xas long as short
ApeX Omni GOOGLUSDT+0.0100%1h356.55−0.012%$21K$9K50xas long as short
Orderly PERP_GOOGL_USDC+0.0100%8h356.62+0.008%$10K$10K20xas long as short
Aevo GOOGL-PERP+0.0104%1h356.54−0.014%$25K10xas long as short
Aster GOOGLUSDT+0.0114%8h356.83+0.067%$365K$457K20xas long as short
Hotstuff GOOGL-PERP+0.0120%1h356.51−0.023%$33K20xas long as short
GRVT GOOGL_USDT_Perp+0.0121%8h356.81+0.061%$23K$472K10xas long as short
Binance GOOGLUSDT+0.0135%8h356.67+0.021%$73.2M$142.5M50xas long as short
Lighter GOOGL+0.0136%1h356.62+0.008%$2.1M$1.1M20xas long as short
Extended GOOGL-USDlong+0.0136%1h356.59long leg$421K$1.6M20x
Bitget GOOGLUSDT+0.0145%8h356.62+0.008%$16.9M$9.1M100xas long as short
Phoenix GOOGL+0.0157%1h356.56−0.009%$137K$48K20xas long as short
OKX GOOGL-USDT-SWAP+0.0200%8h356.72+0.036%$13.8M$12.8M50xas long as short
Bybit GOOGLUSDT+0.0229%8h356.62+0.008%$11.5M$7.7M100xas long as short
BloFin GOOGL-USDT+0.0255%8h356.68+0.025%$688K$235K20xas long as short
Arcus GOOGL-USD+0.0306%1h356.51−0.023%$202K$271K10xas long as short
edgeX GOOGLUSDC+0.0476%4h356.74+0.040%$210K$1.2M10xas long as short