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

GOOGL

RWAall GOOGL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0016%/8h= −1.8% APRnext payment $0.02 per $10,000 · paid last 24h −0.005%
Price spread now: Extended against Lighter−0.045%7-day average −0.016% · you buy dearer than you sell
Net, funding: paid 7d − costs−$20as in the Funding arb table
Net, price: spread back to 7d avg − costs−$11as in the Price arb table
costs, in and out, $10k−$90.086% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.112%−$11 on $10k
Price spread, last 7 days−0.062%−$6 · spread now −0.045%, 7d avg −0.016%
Together, before fees−0.174%+ Points / potential airdropLighter: Season 3 · Extended: Active · farm board−$17 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and Extended is 0.029% cheaper against Lighter than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.016%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter GOOGL357.660.0080pay 0.0010% / 1h52m 45s$2.1M$1.2M20x
ShortExtended GOOGL-USD357.500.0064get 0.0008% / 1h52m 45s$421K$1.8M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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

Funding earned
−$3.36
Price spread: −0.045% → −0.016%
−$2.9
Slippage, 4 orders
−$3.6
Fee Lighter: 0 bp × 2 orders
$0
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$14.86
Costs to cover
0.086%
Break-even
never at this rate
Slippage from Lighter: live order book, 4 min ago; Extended: live order book, 1 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Lighter live order book, 4 min ago0.56 bp0.8 bp −$13.6 bp −$36doesn't fitdoesn't fit
Sell Extended live order book, 1 min ago0.14 bp3.5 bp −$410.1 bp −$101doesn't fitdoesn't fit

GOOGL on 35 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−0.0064%1h357.41−0.070%$524K$1.1M10xas long as short
Nado GOOGL-PERP−0.0057%1h357.54−0.035%$558K$80K20xas long as short
Deribit GOOGL_USDC-PERPETUAL−0.0002%1h357.40−0.073%$23K$154K10xas long as short
Gate GOOGL_USDT0.0000%8h357.46−0.056%$3.6M$7.5M100xas long as short
Variational Omni GOOGL0.0000%8h357.58−0.023%$4.8M$2.4Mas long as short
GRVT GOOGL_USDT_Perp0.0000%8h357.57−0.026%$24K$436K10xas long as short
SunX GOOGL-USDT0.0000%8h357.62−0.011%$1K$4.1M20xas long as short
HTX GOOGL-USDT0.0000%8h357.67+0.003%$115K$223K30xas long as short
Phemex GOOGLUSDT0.0000%4h357.660.000%$2.7M$75K10xas long as short
Aftermath Perps GOOGLUSD+0.0005%1h357.30−0.100%$144K$50K10xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX GOOGL-USD+0.0028%1h357.49−0.048%$1.3M$4.4M10xas long as short
Bybit GOOGLUSDT+0.0030%8h357.660.000%$11.7M$7.4M100xas long as short
Lighter RH GOOGL+0.0032%1h357.61−0.014%$1.3M$2.3M20xas long as short
Injective GOOGL/USDC PERP+0.0033%1h357.12−0.151%$128K$45K30xas long as short
Arcus GOOGL-USD+0.0040%1h357.36−0.084%$202K$272K10xas long as short
Aster GOOGLUSDT+0.0041%8h357.58−0.022%$365K$458K20xas long as short
Bitget GOOGLUSDT+0.0041%8h357.61−0.014%$17.0M$9.3M100xas long as short
Vest GOOGL-USD-PERP+0.0046%1h357.77+0.031%$5K25xas long as short
tradeXYZ xyz:GOOGL+0.0050%1h357.42−0.067%$99.0M$22.4M20xas long as short
Polymarket Perps GOOG-USD+0.0050%1h357.30−0.101%$685K$431K10xas long as short
SoDEX GOOGL-USD+0.0050%1h357.43−0.064%$152$46K10xas long as short
Ondo Perps GOOGL-USD.P+0.0050%1h357.24−0.117%$2.3M$4.8M15xas long as short
Paradex GOOGL-USD-PERP+0.0055%8h357.62−0.011%$293$2535xas long as short
Binance GOOGLUSDT+0.0061%8h357.60−0.018%$72.9M$141.5M50xas long as short
Extended GOOGL-USDshort+0.0064%1h357.50−0.045%$421K$1.8M20x
Lighter GOOGLlong+0.0080%1h357.66long leg$2.1M$1.2M20x
Hotstuff GOOGL-PERP+0.0080%1h357.49−0.048%$33K20xas long as short
Pacifica GOOGL+0.0100%1h357.38−0.078%$42K$41K10xas long as short
KuCoin GOOGLUSDTM+0.0100%8h357.23−0.120%$3.0M$65K20xas long as short
ApeX Omni GOOGLUSDT+0.0100%1h357.42−0.067%$22K$10K50xas long as short
Orderly PERP_GOOGL_USDC+0.0100%8h357.45−0.059%$10K$10K20xas long as short
Aevo GOOGL-PERP+0.0104%1h357.43−0.064%$25K10xas long as short
Phoenix GOOGL+0.0112%1h357.47−0.053%$137K$36K20xas long as short
OKX GOOGL-USDT-SWAP+0.0140%8h357.61−0.014%$13.8M$12.5M50xas long as short
edgeX GOOGLUSDC+0.0580%4h357.60−0.016%$209K$1.2M10xas long as short