GOOGL

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0127%/8h= +13.9% APRnext payment +$0.16 per $10,000 · paid last 24h +0.010%

Price spread now: Lighter against Injective+0.230%66s7-day average −0.064% · you sell dearer than you buy

Net, funding: paid 7d − costs−$7as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$220.218% of the position

Long on Injective Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 7 days+0.153%+$15 on $10k

Price spread, last 4 days (all we have)−0.602%−$60 · spread now +0.230%, 7d avg −0.064%

Together, before fees−0.449%+ Points / potential airdropLighter: Season 3 · farm board−$45 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Lighter is 0.294% dearer against Injective than usual: you sell high and buy low: +$29 more if the spread goes back to its 7-day average of −0.064%. The two prices were read 66 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	Injective GOOGL/USDC PERP	357.12	0.0033	pay 0.0004% / 1h	8m 09s	$128K	$45K	30x
Short	Lighter GOOGL	357.94	0.0160	get 0.0020% / 1h	8m 09s	$2.1M	$1.2M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against Injective. 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

Position, each leg$Hold fordaysFee InjectivebpFee LighterbpOrdersPrice spread, now +0.230%Rate

Funding earned: $26.6
Price spread: +0.230% → −0.064%: $29.36
Slippage, 4 orders: −$21.82
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Lighter: 0 bp × 2 orders: $0
Net: $34.12
Costs to cover: 0.218%
Break-even: from the start

Slippage from Injective: live order book, 56 min ago; Lighter: live order book, 4 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 Injective live order book, 56 min ago	9.38 bp	9.4 bp −$9	9.4 bp −$94	57275.7 bp −$5.73M	326377.9 bp −$163.19M
Sell Lighter live order book, 4 min ago	0.84 bp	1.0 bp −$1	3.2 bp −$32	96.7 bp −$9,671	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
Hotstuff GOOGL-PERP	−0.0064%	1h	357.69	+0.160%	$33K	—	20x	as long as short
Coinbase International GOOGL-PERP-INTX	−0.0064%	1h	357.46	+0.095%	$524K	$1.1M	10x	as long as short
Nado GOOGL-PERP	−0.0024%	1h	357.64	+0.147%	$558K	$80K	20x	as long as short
Gate GOOGL_USDT	0.0000%	8h	357.83	+0.199%	$3.6M	$7.5M	100x	as long as short
Variational Omni GOOGL	0.0000%	8h	357.88	+0.211%	$4.8M	$2.4M	—	as long as short
GRVT GOOGL_USDT_Perp	0.0000%	8h	357.95	+0.232%	$23K	$435K	10x	as long as short
SunX GOOGL-USDT	0.0000%	8h	357.96	+0.235%	$2K	$4.1M	20x	as long as short
HTX GOOGL-USDT	0.0000%	8h	358.00	+0.246%	$115K	$222K	30x	as long as short
Phemex GOOGLUSDT	0.0000%	4h	358.06	+0.263%	$2.7M	$80K	10x	as long as short
Aftermath Perps GOOGLUSD	+0.0005%	1h	357.59	+0.132%	$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
Aster GOOGLUSDT	+0.0020%	8h	357.70	+0.162%	$366K	$457K	20x	as long as short
QFEX GOOGL-USD	+0.0028%	1h	357.88	+0.213%	$1.3M	$4.3M	10x	as long as short
Lighter RH GOOGL	+0.0032%	1h	357.91	+0.221%	$1.3M	$2.3M	20x	as long as short
Injective GOOGL/USDC PERPlong	+0.0033%	1h	357.12	long leg	$128K	$45K	30x
Extended GOOGL-USD	+0.0040%	1h	357.86	+0.208%	$426K	$1.8M	20x	as long as short
Binance GOOGLUSDT	+0.0040%	8h	357.93	+0.227%	$73.0M	$141.3M	50x	as long as short
Arcus GOOGL-USD	+0.0040%	1h	357.64	+0.146%	$208K	$277K	10x	as long as short
Vest GOOGL-USD-PERP	+0.0046%	1h	357.88	+0.213%	—	$5K	25x	as long as short
tradeXYZ xyz:GOOGL	+0.0050%	1h	357.70	+0.162%	$99.1M	$21.0M	20x	as long as short
Polymarket Perps GOOG-USD	+0.0050%	1h	357.68	+0.157%	$686K	$429K	10x	as long as short
SoDEX GOOGL-USD	+0.0050%	1h	357.72	+0.168%	$152	$46K	10x	as long as short
Ondo Perps GOOGL-USD.P	+0.0050%	1h	357.57	+0.126%	$2.3M	$4.9M	15x	as long as short
Paradex GOOGL-USD-PERP	+0.0061%	8h	357.84	+0.201%	$293	$253	5x	as long as short
Bitget GOOGLUSDT	+0.0063%	8h	357.98	+0.241%	$17.5M	$9.6M	100x	as long as short
Bybit GOOGLUSDT	+0.0076%	8h	358.05	+0.260%	$11.9M	$7.5M	100x	as long as short
Pacifica GOOGL	+0.0100%	1h	357.89	+0.216%	$42K	$41K	10x	as long as short
KuCoin GOOGLUSDTM	+0.0100%	8h	357.50	+0.106%	$3.0M	$66K	20x	as long as short
ApeX Omni GOOGLUSDT	+0.0100%	1h	357.59	+0.132%	$22K	$10K	50x	as long as short
Orderly PERP_GOOGL_USDC	+0.0100%	8h	357.66	+0.151%	$10K	$10K	20x	as long as short
Aevo GOOGL-PERP	+0.0104%	1h	357.78	+0.185%	$25K	—	10x	as long as short
OKX GOOGL-USDT-SWAP	+0.0105%	8h	357.92	+0.224%	$13.8M	$12.4M	50x	as long as short
Phoenix GOOGL	+0.0112%	1h	357.80	+0.190%	$138K	$36K	20x	as long as short
BloFin GOOGL-USDT	+0.0160%	8h	358.01	+0.249%	$696K	$234K	20x	as long as short
Lighter GOOGLshort	+0.0160%	1h	357.94	+0.230%	$2.1M	$1.2M	20x
Deribit GOOGL_USDC-PERPETUAL	+0.0309%	1h	357.80	+0.190%	$24K	$154K	10x	as long as short
edgeX GOOGLUSDC	+0.0539%	4h	357.87	+0.211%	$209K	$1.2M	10x	as long as short