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
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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended GOOGL-USD | 356.59 | 0.0136 | pay 0.0017% / 1h | 51m 14s | $421K | $1.6M | 20x |
| Short | Lighter RH GOOGL | 356.70 | 0.0032 | get 0.0004% / 1h | 51m 14s | $1.4M | $2.3M | 20x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Extended live order book, 2 min ago | 0.14 bp | 3.5 bp −$4 | 9.1 bp −$91 | doesn't fit | doesn't fit |
| Sell Lighter RH live order book, 2 min ago | 1.12 bp | 1.3 bp −$1 | 4.7 bp −$47 | 49.1 bp −$4,905 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate GOOGL_USDT | 0.0000% | 8h | 356.55 | −0.012% | $3.6M | $7.5M | 100x | as long as short |
| SunX GOOGL-USDT | 0.0000% | 8h | 356.69 | +0.028% | $2K | $4.2M | 20x | as long as short |
| Deribit GOOGL_USDC-PERPETUAL | 0.0000% | 1h | 356.49 | −0.028% | $23K | $153K | 10x | as long as short |
| HTX GOOGL-USDT | 0.0000% | 8h | 356.79 | +0.056% | $115K | $224K | 30x | as long as short |
| Phemex GOOGLUSDT | 0.0000% | 4h | 356.79 | +0.056% | $2.7M | $66K | 10x | as long as short |
| Aftermath Perps GOOGLUSD | +0.0017% | 1h | 356.33 | −0.072% | $144K | $53K | 10x | as long as short |
| Lighter RH GOOGLshort | +0.0032% | 1h | 356.70 | +0.030% | $1.4M | $2.3M | 20x | |
| Coinbase International GOOGL-PERP-INTX | +0.0032% | 1h | 356.29 | −0.085% | $529K | $1.1M | 10x | as long as short |
| Injective GOOGL/USDC PERP | +0.0033% | 1h | 357.12 | +0.148% | $128K | $45K | 30x | as long as short |
| Vest GOOGL-USD-PERP | +0.0046% | 1h | 356.70 | +0.030% | — | $5K | 25x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:GOOGL | +0.0050% | 1h | 356.39 | −0.056% | $98.1M | $24.5M | 20x | as long as short |
| Polymarket Perps GOOG-USD | +0.0050% | 1h | 356.48 | −0.031% | $683K | $437K | 10x | as long as short |
| SoDEX GOOGL-USD | +0.0050% | 1h | 356.39 | −0.056% | $180 | $46K | 10x | as long as short |
| Ondo Perps GOOGL-USD.P | +0.0050% | 1h | 356.31 | −0.079% | $2.3M | $4.9M | 15x | as long as short |
| QFEX GOOGL-USD | +0.0064% | 1h | 356.60 | +0.002% | $1.3M | $4.8M | 10x | as long as short |
| Variational Omni GOOGL | +0.0068% | 8h | 356.63 | +0.011% | $4.8M | $2.7M | — | as long as short |
| Paradex GOOGL-USD-PERP | +0.0098% | 8h | 356.64 | +0.015% | $292 | $253 | 5x | as long as short |
| Nado GOOGL-PERP | +0.0100% | 1h | 356.49 | −0.030% | $560K | $81K | 20x | as long as short |
| Pacifica GOOGL | +0.0100% | 1h | 356.41 | −0.050% | $42K | $45K | 10x | as long as short |
| KuCoin GOOGLUSDTM | +0.0100% | 8h | 356.29 | −0.085% | $3.0M | $66K | 20x | as long as short |
| ApeX Omni GOOGLUSDT | +0.0100% | 1h | 356.55 | −0.012% | $21K | $9K | 50x | as long as short |
| Orderly PERP_GOOGL_USDC | +0.0100% | 8h | 356.62 | +0.008% | $10K | $10K | 20x | as long as short |
| Aevo GOOGL-PERP | +0.0104% | 1h | 356.54 | −0.014% | $25K | — | 10x | as long as short |
| Aster GOOGLUSDT | +0.0114% | 8h | 356.83 | +0.067% | $365K | $457K | 20x | as long as short |
| Hotstuff GOOGL-PERP | +0.0120% | 1h | 356.51 | −0.023% | $33K | — | 20x | as long as short |
| GRVT GOOGL_USDT_Perp | +0.0121% | 8h | 356.81 | +0.061% | $23K | $472K | 10x | as long as short |
| Binance GOOGLUSDT | +0.0135% | 8h | 356.67 | +0.021% | $73.2M | $142.5M | 50x | as long as short |
| Lighter GOOGL | +0.0136% | 1h | 356.62 | +0.008% | $2.1M | $1.1M | 20x | as long as short |
| Extended GOOGL-USDlong | +0.0136% | 1h | 356.59 | long leg | $421K | $1.6M | 20x | |
| Bitget GOOGLUSDT | +0.0145% | 8h | 356.62 | +0.008% | $16.9M | $9.1M | 100x | as long as short |
| Phoenix GOOGL | +0.0157% | 1h | 356.56 | −0.009% | $137K | $48K | 20x | as long as short |
| OKX GOOGL-USDT-SWAP | +0.0200% | 8h | 356.72 | +0.036% | $13.8M | $12.8M | 50x | as long as short |
| Bybit GOOGLUSDT | +0.0229% | 8h | 356.62 | +0.008% | $11.5M | $7.7M | 100x | as long as short |
| BloFin GOOGL-USDT | +0.0255% | 8h | 356.68 | +0.025% | $688K | $235K | 20x | as long as short |
| Arcus GOOGL-USD | +0.0306% | 1h | 356.51 | −0.023% | $202K | $271K | 10x | as long as short |
| edgeX GOOGLUSDC | +0.0476% | 4h | 356.74 | +0.040% | $210K | $1.2M | 10x | as long as short |
Extended GOOGL-USD
Lighter RH GOOGL
Gate GOOGL_USDT
SunX GOOGL-USDT
Deribit GOOGL_USDC-PERPETUAL
HTX GOOGL-USDT
Phemex GOOGLUSDT
Aftermath Perps GOOGLUSD
Coinbase International GOOGL-PERP-INTX
Injective GOOGL/USDC PERP
tradeXYZ xyz:GOOGL
Polymarket Perps GOOG-USD
SoDEX GOOGL-USD
Variational Omni GOOGL
Paradex GOOGL-USD-PERP
Pacifica GOOGL
KuCoin GOOGLUSDTM
ApeX Omni GOOGLUSDT
Aster GOOGLUSDT
GRVT GOOGL_USDT_Perp
Binance GOOGLUSDT
Lighter GOOGL
Bitget GOOGLUSDT
Phoenix GOOGL
OKX GOOGL-USDT-SWAP
Bybit GOOGLUSDT
BloFin GOOGL-USDT
edgeX GOOGLUSDC