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
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no 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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hotstuff GOOGL-PERP | 357.58 | 0.0008 | pay 0.0001% / 1h | 19m 35s | $33K | — | 20x |
| Short | Lighter GOOGL | 357.76 | 0.0280 | get 0.0035% / 1h | 19m 35s | $2.0M | $1.3M | 20x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Hotstuff no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 2 min ago | 0.14 bp | 0.3 bp $0 | 1.9 bp −$19 | 70.3 bp −$7,026 | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International GOOGL-PERP-INTX | −0.0048% | 1h | 357.54 | −0.011% | $526K | $1.1M | 10x | as long as short |
| Gate GOOGL_USDT | 0.0000% | 8h | 357.62 | +0.011% | $3.6M | $7.4M | 100x | as long as short |
| Bitget GOOGLUSDT | 0.0000% | 8h | 357.78 | +0.056% | $17.4M | $9.6M | 100x | as long as short |
| GRVT GOOGL_USDT_Perp | 0.0000% | 8h | 357.72 | +0.039% | $23K | $434K | 10x | as long as short |
| SunX GOOGL-USDT | 0.0000% | 8h | 357.81 | +0.064% | $905 | $4.1M | 20x | as long as short |
| HTX GOOGL-USDT | 0.0000% | 8h | 357.93 | +0.098% | $115K | $221K | 30x | as long as short |
| Phemex GOOGLUSDT | 0.0000% | 4h | 357.86 | +0.078% | $2.7M | $86K | 10x | as long as short |
| Variational Omni GOOGL | +0.0004% | 8h | 357.76 | +0.050% | $4.8M | $2.3M | — | as long as short |
| Hotstuff GOOGL-PERPlong | +0.0008% | 1h | 357.58 | long leg | $33K | — | 20x | |
| Aftermath Perps GOOGLUSD | +0.0018% | 1h | 357.57 | −0.003% | $144K | $49K | 10x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH GOOGL | +0.0032% | 1h | 357.75 | +0.048% | $1.3M | $2.1M | 20x | as long as short |
| Injective GOOGL/USDC PERP | +0.0033% | 1h | 357.12 | −0.129% | $128K | $45K | 30x | as long as short |
| Arcus GOOGL-USD | +0.0040% | 1h | 357.46 | −0.034% | $207K | $277K | 10x | as long as short |
| Vest GOOGL-USD-PERP | +0.0046% | 1h | 357.75 | +0.048% | — | $5K | 25x | as long as short |
| QFEX GOOGL-USD | +0.0050% | 1h | 357.68 | +0.028% | $1.3M | $4.2M | 10x | as long as short |
| tradeXYZ xyz:GOOGL | +0.0050% | 1h | 357.53 | −0.014% | $99.1M | $20.5M | 20x | as long as short |
| Polymarket Perps GOOG-USD | +0.0050% | 1h | 357.53 | −0.014% | $686K | $429K | 10x | as long as short |
| SoDEX GOOGL-USD | +0.0050% | 1h | 357.58 | 0.000% | $145 | $46K | 10x | as long as short |
| Ondo Perps GOOGL-USD.P | +0.0050% | 1h | 357.41 | −0.048% | $2.3M | $4.9M | 15x | as long as short |
| Aster GOOGLUSDT | +0.0070% | 8h | 357.89 | +0.087% | $366K | $457K | 20x | as long as short |
| Deribit GOOGL_USDC-PERPETUAL | +0.0086% | 1h | 357.59 | +0.003% | $24K | $155K | 10x | as long as short |
| Nado GOOGL-PERP | +0.0087% | 1h | 357.54 | −0.012% | $558K | $81K | 20x | as long as short |
| Extended GOOGL-USD | +0.0088% | 1h | 357.66 | +0.021% | $426K | $1.8M | 20x | as long as short |
| Binance GOOGLUSDT | +0.0089% | 8h | 357.75 | +0.048% | $73.0M | $141.2M | 50x | as long as short |
| Pacifica GOOGL | +0.0100% | 1h | 357.47 | −0.032% | $42K | $41K | 10x | as long as short |
| KuCoin GOOGLUSDTM | +0.0100% | 8h | 357.33 | −0.070% | $3.0M | $91K | 20x | as long as short |
| ApeX Omni GOOGLUSDT | +0.0100% | 1h | 357.37 | −0.059% | $22K | $10K | 50x | as long as short |
| Orderly PERP_GOOGL_USDC | +0.0100% | 8h | 357.66 | +0.022% | $10K | $10K | 20x | as long as short |
| Aevo GOOGL-PERP | +0.0104% | 1h | 357.69 | +0.031% | $25K | — | 10x | as long as short |
| Paradex GOOGL-USD-PERP | +0.0109% | 8h | 357.65 | +0.021% | $293 | $253 | 5x | as long as short |
| Phoenix GOOGL | +0.0112% | 1h | 357.56 | −0.006% | $138K | $36K | 20x | as long as short |
| OKX GOOGL-USDT-SWAP | +0.0113% | 8h | 357.73 | +0.042% | $13.8M | $12.4M | 50x | as long as short |
| BloFin GOOGL-USDT | +0.0208% | 8h | 357.80 | +0.062% | $695K | $234K | 20x | as long as short |
| Bybit GOOGLUSDT | +0.0210% | 8h | 357.88 | +0.084% | $12.0M | $7.6M | 100x | as long as short |
| Lighter GOOGLshort | +0.0280% | 1h | 357.76 | +0.050% | $2.0M | $1.3M | 20x | |
| edgeX GOOGLUSDC | +0.0683% | 4h | 357.70 | +0.034% | $209K | $1.2M | 10x | as long as short |
Lighter GOOGL
Coinbase International GOOGL-PERP-INTX
Gate GOOGL_USDT
Bitget GOOGLUSDT
GRVT GOOGL_USDT_Perp
SunX GOOGL-USDT
HTX GOOGL-USDT
Phemex GOOGLUSDT
Variational Omni GOOGL
Aftermath Perps GOOGLUSD
Lighter RH GOOGL
Injective GOOGL/USDC PERP
tradeXYZ xyz:GOOGL
Polymarket Perps GOOG-USD
SoDEX GOOGL-USD
Aster GOOGLUSDT
Deribit GOOGL_USDC-PERPETUAL
Extended GOOGL-USD
Binance GOOGLUSDT
Pacifica GOOGL
KuCoin GOOGLUSDTM
ApeX Omni GOOGLUSDT
Paradex GOOGL-USD-PERP
Phoenix GOOGL
OKX GOOGL-USDT-SWAP
BloFin GOOGL-USDT
Bybit GOOGLUSDT
edgeX GOOGLUSDC