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

GOOGL

RWAall GOOGL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0272%/8h= +29.8% APRnext payment +$0.34 per $10,000 · paid last 24h +0.029%
Price spread now: Lighter against Hotstuff+0.050%51s7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHotstuff: Active · Lighter: Season 3 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Lighter is 0.050% dearer against Hotstuff than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHotstuff GOOGL-PERP357.580.0008pay 0.0001% / 1h19m 35s$33K20x
ShortLighter GOOGL357.760.0280get 0.0035% / 1h19m 35s$2.0M$1.3M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against Hotstuff. 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
$57.12
Price spread: +0.050% → 0.000%
$5.03
Slippage, 4 orders
no order book: not counted
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Fee Lighter: 0 bp × 2 orders
$0
Net
$57.15
Costs to cover
0.050%
Break-even
from the start
Slippage unknown: Hotstuff: no order-book sample; Lighter: live order book, 2 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Hotstuff no order-book sample
Sell Lighter live order book, 2 min ago0.14 bp0.3 bp $01.9 bp −$1970.3 bp −$7,026doesn't fit
Hotstuff: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Coinbase International GOOGL-PERP-INTX−0.0048%1h357.54−0.011%$526K$1.1M10xas long as short
Gate GOOGL_USDT0.0000%8h357.62+0.011%$3.6M$7.4M100xas long as short
Bitget GOOGLUSDT0.0000%8h357.78+0.056%$17.4M$9.6M100xas long as short
GRVT GOOGL_USDT_Perp0.0000%8h357.72+0.039%$23K$434K10xas long as short
SunX GOOGL-USDT0.0000%8h357.81+0.064%$905$4.1M20xas long as short
HTX GOOGL-USDT0.0000%8h357.93+0.098%$115K$221K30xas long as short
Phemex GOOGLUSDT0.0000%4h357.86+0.078%$2.7M$86K10xas long as short
Variational Omni GOOGL+0.0004%8h357.76+0.050%$4.8M$2.3Mas long as short
Hotstuff GOOGL-PERPlong+0.0008%1h357.58long leg$33K20x
Aftermath Perps GOOGLUSD+0.0018%1h357.57−0.003%$144K$49K10xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH GOOGL+0.0032%1h357.75+0.048%$1.3M$2.1M20xas long as short
Injective GOOGL/USDC PERP+0.0033%1h357.12−0.129%$128K$45K30xas long as short
Arcus GOOGL-USD+0.0040%1h357.46−0.034%$207K$277K10xas long as short
Vest GOOGL-USD-PERP+0.0046%1h357.75+0.048%$5K25xas long as short
QFEX GOOGL-USD+0.0050%1h357.68+0.028%$1.3M$4.2M10xas long as short
tradeXYZ xyz:GOOGL+0.0050%1h357.53−0.014%$99.1M$20.5M20xas long as short
Polymarket Perps GOOG-USD+0.0050%1h357.53−0.014%$686K$429K10xas long as short
SoDEX GOOGL-USD+0.0050%1h357.580.000%$145$46K10xas long as short
Ondo Perps GOOGL-USD.P+0.0050%1h357.41−0.048%$2.3M$4.9M15xas long as short
Aster GOOGLUSDT+0.0070%8h357.89+0.087%$366K$457K20xas long as short
Deribit GOOGL_USDC-PERPETUAL+0.0086%1h357.59+0.003%$24K$155K10xas long as short
Nado GOOGL-PERP+0.0087%1h357.54−0.012%$558K$81K20xas long as short
Extended GOOGL-USD+0.0088%1h357.66+0.021%$426K$1.8M20xas long as short
Binance GOOGLUSDT+0.0089%8h357.75+0.048%$73.0M$141.2M50xas long as short
Pacifica GOOGL+0.0100%1h357.47−0.032%$42K$41K10xas long as short
KuCoin GOOGLUSDTM+0.0100%8h357.33−0.070%$3.0M$91K20xas long as short
ApeX Omni GOOGLUSDT+0.0100%1h357.37−0.059%$22K$10K50xas long as short
Orderly PERP_GOOGL_USDC+0.0100%8h357.66+0.022%$10K$10K20xas long as short
Aevo GOOGL-PERP+0.0104%1h357.69+0.031%$25K10xas long as short
Paradex GOOGL-USD-PERP+0.0109%8h357.65+0.021%$293$2535xas long as short
Phoenix GOOGL+0.0112%1h357.56−0.006%$138K$36K20xas long as short
OKX GOOGL-USDT-SWAP+0.0113%8h357.73+0.042%$13.8M$12.4M50xas long as short
BloFin GOOGL-USDT+0.0208%8h357.80+0.062%$695K$234K20xas long as short
Bybit GOOGLUSDT+0.0210%8h357.88+0.084%$12.0M$7.6M100xas long as short
Lighter GOOGLshort+0.0280%1h357.76+0.050%$2.0M$1.3M20x
edgeX GOOGLUSDC+0.0683%4h357.70+0.034%$209K$1.2M10xas long as short