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

GOOGL

RWAall GOOGL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0136%/8h= −14.9% APRnext payment $0.17 per $10,000 · paid last 24h −0.030%
Price spread now: Hotstuff against Lighter−0.045%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter: Season 3 · Hotstuff: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Hotstuff is 0.045% cheaper against Lighter than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter GOOGL356.620.0048pay 0.0006% / 1h43m 08s$2.1M$1.1M20x
ShortHotstuff GOOGL-PERP356.46−0.0088pay 0.0011% / 1h43m 08s$33K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hotstuff 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
−$28.56
Price spread: −0.045% → 0.000%
−$4.49
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Net
−$38.05
Costs to cover
0.050%
Break-even
never at this rate
Slippage unknown: Lighter: live order book, 9 min ago; Hotstuff: no order-book sample. Net counts fees only.

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, 9 min ago0.84 bp0.8 bp −$12.6 bp −$26102.9 bp −$10.3Kdoesn't fit
Sell Hotstuff no order-book sample
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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hotstuff GOOGL-PERPshort−0.0088%1h356.46−0.045%$33K20x
Coinbase International GOOGL-PERP-INTX−0.0024%1h356.00−0.174%$528K$1.1M10xas long as short
Gate GOOGL_USDT0.0000%8h356.620.000%$3.6M$7.5M100xas long as short
Bitget GOOGLUSDT0.0000%8h356.66+0.011%$16.9M$9.3M100xas long as short
GRVT GOOGL_USDT_Perp0.0000%8h356.57−0.014%$23K$438K10xas long as short
SunX GOOGL-USDT0.0000%8h356.67+0.014%$1K$4.1M20xas long as short
Deribit GOOGL_USDC-PERPETUAL0.0000%1h356.46−0.045%$23K$153K10xas long as short
HTX GOOGL-USDT0.0000%8h356.82+0.056%$115K$227K30xas long as short
Phemex GOOGLUSDT0.0000%4h356.63+0.003%$2.7M$67K10xas long as short
Aftermath Perps GOOGLUSD+0.0009%1h356.27−0.099%$144K$51K10xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado GOOGL-PERP+0.0013%1h356.44−0.049%$556K$80K20xas long as short
Variational Omni GOOGL+0.0020%8h356.45−0.048%$4.8M$2.3Mas long as short
Lighter RH GOOGL+0.0032%1h356.70+0.022%$1.4M$2.3M20xas long as short
Injective GOOGL/USDC PERP+0.0033%1h357.12+0.140%$128K$45K30xas long as short
QFEX GOOGL-USD+0.0039%1h356.56−0.017%$1.3M$4.5M10xas long as short
Arcus GOOGL-USD+0.0040%1h356.34−0.079%$202K$272K10xas long as short
Vest GOOGL-USD-PERP+0.0046%1h356.63+0.003%$5K25xas long as short
Lighter GOOGLlong+0.0048%1h356.62long leg$2.1M$1.1M20x
tradeXYZ xyz:GOOGL+0.0050%1h356.57−0.014%$98.4M$22.4M20xas long as short
Polymarket Perps GOOG-USD+0.0050%1h356.40−0.062%$683K$433K10xas long as short
SoDEX GOOGL-USD+0.0050%1h356.54−0.022%$160$46K10xas long as short
Ondo Perps GOOGL-USD.P+0.0050%1h356.32−0.084%$2.3M$4.8M15xas long as short
Paradex GOOGL-USD-PERP+0.0064%8h356.58−0.010%$292$2535xas long as short
Aster GOOGLUSDT+0.0074%8h356.59−0.008%$364K$458K20xas long as short
Phoenix GOOGL+0.0090%1h356.47−0.042%$137K$36K20xas long as short
Bybit GOOGLUSDT+0.0094%8h356.85+0.064%$11.6M$7.5M100xas long as short
Extended GOOGL-USD+0.0096%1h356.60−0.005%$421K$1.8M20xas long as short
Binance GOOGLUSDT+0.0096%8h356.70+0.022%$72.7M$141.5M50xas long as short
Pacifica GOOGL+0.0100%1h356.36−0.073%$42K$43K10xas long as short
KuCoin GOOGLUSDTM+0.0100%8h356.23−0.109%$3.0M$65K20xas long as short
ApeX Omni GOOGLUSDT+0.0100%1h356.25−0.104%$22K$10K50xas long as short
Orderly PERP_GOOGL_USDC+0.0100%8h356.50−0.034%$10K$10K20xas long as short
Aevo GOOGL-PERP+0.0104%1h356.53−0.027%$25K10xas long as short
OKX GOOGL-USDT-SWAP+0.0181%8h356.82+0.056%$13.8M$12.7M50xas long as short
BloFin GOOGL-USDT+0.0215%8h356.47−0.042%$651K$234K20xas long as short
edgeX GOOGLUSDC+0.0635%4h356.43−0.053%$209K$1.2M10xas long as short