GOOGL

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0197%/8h= +21.6% APRnext payment +$0.25 per $10,000 · paid last 24h −0.040%

Price spread now: Deribit against Lighter−0.042%7-day average −0.039% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$15as in the Price arb table

costs, in and out, $10k−$150.150% of the position

Long on Lighter Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)−0.003%$0 on $10k

Price spread, last 4 days (all we have)+0.268%+$27 · spread now −0.042%, 7d avg −0.039%

Together, before fees+0.265%+ Points / potential airdropLighter: Season 3 · farm board+$27 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.039%, so right now this pair is about funding alone: +$6 a day on $10k at the current rate.

The current funding rate is far above what this pair has been paying: over the last 5 days it paid -0.003% in total (about -0.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.25 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter GOOGL	357.98	0.0168	pay 0.0021% / 1h	4m 56s	$2.1M	$1.2M	20x
Short	Deribit GOOGL_USDC-PERPETUAL	357.83	0.0365	get 0.0046% / 1h	4m 56s	$24K	$154K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit 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 DeribitbpOrdersPrice spread, now −0.042%Rate

Funding earned: $41.41
Price spread: −0.042% → −0.039%: −$0.31
Slippage, 4 orders: −$7.97
Fee Lighter: 0 bp × 2 orders: $0
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: $26.13
Costs to cover: 0.150%
Break-even: 2.6 days

Slippage from Lighter: live order book, 2 min ago; Deribit: live order book, 58 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 Deribit live order book, 58 min ago	0.14 bp	3.6 bp −$4	4.4 bp −$44	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	−0.081%	$33K	—	20x	as long as short
Coinbase International GOOGL-PERP-INTX	−0.0064%	1h	357.46	−0.145%	$524K	$1.1M	10x	as long as short
Nado GOOGL-PERP	−0.0015%	1h	357.63	−0.097%	$558K	$80K	20x	as long as short
Gate GOOGL_USDT	0.0000%	8h	357.84	−0.039%	$3.6M	$7.5M	100x	as long as short
Variational Omni GOOGL	0.0000%	8h	357.92	−0.018%	$4.8M	$2.4M	—	as long as short
GRVT GOOGL_USDT_Perp	0.0000%	8h	357.95	−0.009%	$23K	$435K	10x	as long as short
SunX GOOGL-USDT	0.0000%	8h	357.98	0.000%	$2K	$4.1M	20x	as long as short
HTX GOOGL-USDT	0.0000%	8h	358.01	+0.008%	$115K	$222K	30x	as long as short
Phemex GOOGLUSDT	0.0000%	4h	358.04	+0.017%	$2.7M	$81K	10x	as long as short
Aftermath Perps GOOGLUSD	+0.0005%	1h	357.63	−0.099%	$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	+0.0024%	8h	357.66	−0.088%	$366K	$457K	20x	as long as short
QFEX GOOGL-USD	+0.0028%	1h	357.89	−0.025%	$1.3M	$4.3M	10x	as long as short
Lighter RH GOOGL	+0.0032%	1h	357.94	−0.011%	$1.3M	$2.3M	20x	as long as short
Injective GOOGL/USDC PERP	+0.0033%	1h	357.12	−0.240%	$128K	$45K	30x	as long as short
Arcus GOOGL-USD	+0.0040%	1h	357.65	−0.092%	$208K	$277K	10x	as long as short
Binance GOOGLUSDT	+0.0046%	8h	357.98	0.000%	$73.1M	$141.3M	50x	as long as short
Vest GOOGL-USD-PERP	+0.0046%	1h	357.87	−0.031%	—	$5K	25x	as long as short
Extended GOOGL-USD	+0.0048%	1h	357.89	−0.026%	$426K	$1.8M	20x	as long as short
tradeXYZ xyz:GOOGL	+0.0050%	1h	357.72	−0.073%	$99.1M	$21.1M	20x	as long as short
Polymarket Perps GOOG-USD	+0.0050%	1h	357.68	−0.084%	$686K	$429K	10x	as long as short
SoDEX GOOGL-USD	+0.0050%	1h	357.72	−0.073%	$153	$46K	10x	as long as short
Ondo Perps GOOGL-USD.P	+0.0050%	1h	357.61	−0.103%	$2.3M	$4.9M	15x	as long as short
Bitget GOOGLUSDT	+0.0062%	8h	357.95	−0.008%	$17.5M	$9.6M	100x	as long as short
Paradex GOOGL-USD-PERP	+0.0071%	8h	357.86	−0.034%	$293	$253	5x	as long as short
Bybit GOOGLUSDT	+0.0095%	8h	358.13	+0.042%	$12.0M	$7.6M	100x	as long as short
Pacifica GOOGL	+0.0100%	1h	357.84	−0.039%	$42K	$41K	10x	as long as short
KuCoin GOOGLUSDTM	+0.0100%	8h	357.48	−0.140%	$3.0M	$67K	20x	as long as short
ApeX Omni GOOGLUSDT	+0.0100%	1h	357.65	−0.092%	$22K	$10K	50x	as long as short
Orderly PERP_GOOGL_USDC	+0.0100%	8h	357.86	−0.034%	$10K	$10K	20x	as long as short
Aevo GOOGL-PERP	+0.0104%	1h	357.79	−0.053%	$25K	—	10x	as long as short
OKX GOOGL-USDT-SWAP	+0.0106%	8h	357.91	−0.020%	$13.8M	$12.4M	50x	as long as short
Phoenix GOOGL	+0.0112%	1h	357.80	−0.050%	$138K	$36K	20x	as long as short
BloFin GOOGL-USDT	+0.0166%	8h	357.99	+0.003%	$697K	$234K	20x	as long as short
Lighter GOOGLlong	+0.0168%	1h	357.98	long leg	$2.1M	$1.2M	20x
Deribit GOOGL_USDC-PERPETUALshort	+0.0365%	1h	357.83	−0.042%	$24K	$154K	10x
edgeX GOOGLUSDC	+0.0853%	4h	357.90	−0.024%	$209K	$1.2M	10x	as long as short