GOOGL

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0232%/8h= −25.4% APRnext payment −$0.29 per $10,000 · paid last 24h −0.036%

Price spread now: Coinbase International against Lighter−0.142%7-day average −0.122% · you buy dearer than you sell

Net, funding: paid 7d − costs−$35as in the Funding arb table

Net, price: spread back to 7d avg − costs−$19as in the Price arb table

costs, in and out, $10k−$170.174% of the position

Long on Lighter Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days−0.176%−$18 on $10k

Price spread, last 4 days (all we have)+0.326%+$33 · spread now −0.142%, 7d avg −0.122%

Together, before fees+0.150%+ Points / potential airdropLighter: Season 3 · farm board+$15 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Coinbase International is 0.020% cheaper against Lighter than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of −0.122%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter GOOGL	357.97	0.0168	pay 0.0021% / 1h	4m 36s	$2.1M	$1.2M	20x
Short	Coinbase International GOOGL-PERP-INTX	357.46	−0.0064	pay 0.0008% / 1h	4m 36s	$524K	$1.1M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against Lighter. 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 LighterbpFee Coinbase InternationalbpOrdersPrice spread, now −0.142%Rate

Funding earned: −$48.72
Price spread: −0.142% → −0.122%: −$2.01
Slippage, 4 orders: −$7.39
Fee Lighter: 0 bp × 2 orders: $0
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$68.12
Costs to cover: 0.174%
Break-even: never at this rate

Slippage from Lighter: live order book, 2 min ago; Coinbase International: 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 Lighter live order book, 2 min ago	0.98 bp	1.1 bp −$1	3.7 bp −$37	doesn't fit	doesn't fit
Sell Coinbase International live order book, 4 min ago	0.98 bp	6.8 bp −$7	10.2 bp −$102	doesn't fit	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	−0.0080%	1h	357.69	−0.078%	$33K	—	20x	as long as short
Coinbase International GOOGL-PERP-INTXshort	−0.0064%	1h	357.46	−0.142%	$524K	$1.1M	10x
Nado GOOGL-PERP	−0.0015%	1h	357.63	−0.094%	$558K	$80K	20x	as long as short
Gate GOOGL_USDT	0.0000%	8h	357.84	−0.036%	$3.6M	$7.5M	100x	as long as short
Variational Omni GOOGL	0.0000%	8h	357.92	−0.015%	$4.8M	$2.4M	—	as long as short
GRVT GOOGL_USDT_Perp	0.0000%	8h	357.95	−0.006%	$23K	$435K	10x	as long as short
SunX GOOGL-USDT	0.0000%	8h	357.98	+0.003%	$2K	$4.1M	20x	as long as short
HTX GOOGL-USDT	0.0000%	8h	358.01	+0.011%	$115K	$222K	30x	as long as short
Phemex GOOGLUSDT	0.0000%	4h	358.04	+0.020%	$2.7M	$81K	10x	as long as short
Aftermath Perps GOOGLUSD	+0.0005%	1h	357.63	−0.096%	$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	+0.0026%	8h	357.66	−0.086%	$366K	$457K	20x	as long as short
QFEX GOOGL-USD	+0.0028%	1h	357.89	−0.022%	$1.3M	$4.3M	10x	as long as short
Lighter RH GOOGL	+0.0032%	1h	357.93	−0.011%	$1.3M	$2.3M	20x	as long as short
Injective GOOGL/USDC PERP	+0.0033%	1h	357.12	−0.237%	$128K	$45K	30x	as long as short
Arcus GOOGL-USD	+0.0040%	1h	357.65	−0.089%	$208K	$277K	10x	as long as short
Vest GOOGL-USD-PERP	+0.0046%	1h	357.87	−0.028%	—	$5K	25x	as long as short
Binance GOOGLUSDT	+0.0047%	8h	357.98	+0.003%	$73.1M	$141.3M	50x	as long as short
Extended GOOGL-USD	+0.0048%	1h	357.88	−0.024%	$426K	$1.8M	20x	as long as short
tradeXYZ xyz:GOOGL	+0.0050%	1h	357.72	−0.070%	$99.1M	$21.1M	20x	as long as short
Polymarket Perps GOOG-USD	+0.0050%	1h	357.68	−0.081%	$686K	$429K	10x	as long as short
SoDEX GOOGL-USD	+0.0050%	1h	357.72	−0.070%	$153	$46K	10x	as long as short
Ondo Perps GOOGL-USD.P	+0.0050%	1h	357.61	−0.101%	$2.3M	$4.9M	15x	as long as short
Bitget GOOGLUSDT	+0.0062%	8h	357.95	−0.006%	$17.5M	$9.6M	100x	as long as short
Paradex GOOGL-USD-PERP	+0.0073%	8h	357.86	−0.031%	$293	$253	5x	as long as short
Pacifica GOOGL	+0.0100%	1h	357.84	−0.036%	$42K	$41K	10x	as long as short
KuCoin GOOGLUSDTM	+0.0100%	8h	357.47	−0.140%	$3.0M	$67K	20x	as long as short
ApeX Omni GOOGLUSDT	+0.0100%	1h	357.65	−0.089%	$22K	$10K	50x	as long as short
Orderly PERP_GOOGL_USDC	+0.0100%	8h	357.86	−0.031%	$10K	$10K	20x	as long as short
Bybit GOOGLUSDT	+0.0101%	8h	358.13	+0.045%	$12.0M	$7.6M	100x	as long as short
Aevo GOOGL-PERP	+0.0104%	1h	357.79	−0.050%	$25K	—	10x	as long as short
OKX GOOGL-USDT-SWAP	+0.0106%	8h	357.95	−0.006%	$13.8M	$12.4M	50x	as long as short
Phoenix GOOGL	+0.0112%	1h	357.80	−0.047%	$138K	$36K	20x	as long as short
BloFin GOOGL-USDT	+0.0166%	8h	357.99	+0.006%	$697K	$234K	20x	as long as short
Lighter GOOGLlong	+0.0168%	1h	357.97	long leg	$2.1M	$1.2M	20x
Deribit GOOGL_USDC-PERPETUAL	+0.0365%	1h	357.83	−0.039%	$24K	$154K	10x	as long as short
edgeX GOOGLUSDC	+0.0853%	4h	357.90	−0.021%	$209K	$1.2M	10x	as long as short