Funding you earn now, next payment 06:00 UTC−0.0080%/8h= −8.8% APRnext payment −$0.10 per $10,000 · paid last 24h −0.041%
Price spread now: Lighter RH against Lighter−0.003%7-day average −0.010% · you buy dearer than you sell
Net, funding: paid 7d − costs−$19as in the Funding arb table
Net, price: spread back to 7d avg − costs−$3as in the Price arb table
costs, in and out, $10k−$40.038% of the position
Funding, last 7 days−0.155%−$16 on $10k
+Price spread, last 7 days−0.005%$0 · spread now −0.003%, 7d avg −0.010%
=Together, before fees−0.160%+ Points / potential airdropLighter: Season 3 · Lighter RH: Points live · farm board−$16 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.010%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter GOOGL | 357.29 | 0.0112 | pay 0.0014% / 1h | 3m 52s | $2.0M | $1.3M | 20x |
| Short | Lighter RH GOOGL | 357.28 | 0.0032 | get 0.0004% / 1h | 3m 52s | $1.3M | $2.1M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against Lighter. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$16.8
- Price spread: −0.003% → −0.010%
- $0.76
- Slippage, 4 orders
- −$3.83
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$19.87
- Costs to cover
- 0.038%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 3 min ago; Lighter RH: 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, 3 min ago | 0.28 bp | 0.4 bp $0 | 2.1 bp −$21 | 82.9 bp −$8,291 | doesn't fit |
| Sell Lighter RH live order book, 4 min ago | 1.12 bp | 1.7 bp −$2 | 4.6 bp −$46 | 45.3 bp −$4,525 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Nado GOOGL-PERP | −0.0023% | 1h | 357.11 | −0.051% | $557K | $86K | 20x | as long as short |
| OKX GOOGL-USDT-SWAP | 0.0000% | 8h | 357.28 | −0.003% | $13.7M | $12.8M | 50x | as long as short |
| Gate GOOGL_USDT | 0.0000% | 8h | 357.17 | −0.034% | $3.6M | $7.4M | 100x | as long as short |
| Bitget GOOGLUSDT | 0.0000% | 8h | 357.37 | +0.022% | $17.3M | $9.9M | 100x | as long as short |
| Variational Omni GOOGL | 0.0000% | 8h | 357.30 | +0.003% | $4.7M | $2.4M | — | as long as short |
| GRVT GOOGL_USDT_Perp | 0.0000% | 8h | 357.38 | +0.025% | $23K | $445K | 10x | as long as short |
| SunX GOOGL-USDT | 0.0000% | 8h | 357.30 | +0.003% | $1K | $4.0M | 20x | as long as short |
| Deribit GOOGL_USDC-PERPETUAL | 0.0000% | 1h | 357.06 | −0.064% | $24K | $156K | 10x | as long as short |
| HTX GOOGL-USDT | 0.0000% | 8h | 357.30 | +0.003% | $115K | $213K | 30x | as long as short |
| Phemex GOOGLUSDT | 0.0000% | 4h | 357.48 | +0.053% | $2.7M | $87K | 10x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International GOOGL-PERP-INTX | +0.0016% | 1h | 356.88 | −0.115% | $519K | $1.1M | 10x | as long as short |
| Aftermath Perps GOOGLUSD | +0.0020% | 1h | 357.28 | −0.003% | $145K | $47K | 10x | as long as short |
| Hotstuff GOOGL-PERP | +0.0024% | 1h | 357.13 | −0.045% | $33K | — | 20x | as long as short |
| Lighter RH GOOGLshort | +0.0032% | 1h | 357.28 | −0.003% | $1.3M | $2.1M | 20x | |
| Injective GOOGL/USDC PERP | +0.0033% | 1h | 357.12 | −0.048% | $128K | $45K | 30x | as long as short |
| Arcus GOOGL-USD | +0.0040% | 1h | 357.11 | −0.050% | $207K | $278K | 10x | as long as short |
| Aster GOOGLUSDT | +0.0044% | 8h | 357.44 | +0.041% | $366K | $426K | 20x | as long as short |
| Vest GOOGL-USD-PERP | +0.0046% | 1h | 357.37 | +0.022% | — | $5K | 25x | as long as short |
| QFEX GOOGL-USD | +0.0047% | 1h | 357.23 | −0.017% | $1.2M | $4.2M | 10x | as long as short |
| tradeXYZ xyz:GOOGL | +0.0050% | 1h | 357.05 | −0.067% | $98.2M | $21.5M | 20x | as long as short |
| Polymarket Perps GOOG-USD | +0.0050% | 1h | 357.08 | −0.059% | $685K | $430K | 10x | as long as short |
| SoDEX GOOGL-USD | +0.0050% | 1h | 357.05 | −0.067% | $158 | $46K | 10x | as long as short |
| Ondo Perps GOOGL-USD.P | +0.0050% | 1h | 357.03 | −0.073% | $2.3M | $4.8M | 15x | as long as short |
| Paradex GOOGL-USD-PERP | +0.0057% | 8h | 357.22 | −0.019% | $293 | $253 | 5x | as long as short |
| Extended GOOGL-USD | +0.0064% | 1h | 357.18 | −0.031% | $422K | $1.2M | 20x | as long as short |
| Binance GOOGLUSDT | +0.0065% | 8h | 357.27 | −0.006% | $72.0M | $143.6M | 50x | as long as short |
| Pacifica GOOGL | +0.0100% | 1h | 357.06 | −0.064% | $42K | $39K | 10x | as long as short |
| KuCoin GOOGLUSDTM | +0.0100% | 8h | 356.82 | −0.132% | $3.0M | $106K | 20x | as long as short |
| ApeX Omni GOOGLUSDT | +0.0100% | 1h | 357.16 | −0.036% | $22K | $10K | 50x | as long as short |
| Orderly PERP_GOOGL_USDC | +0.0100% | 8h | 357.09 | −0.056% | $10K | $11K | 20x | as long as short |
| Aevo GOOGL-PERP | +0.0104% | 1h | 357.18 | −0.030% | $25K | — | 10x | as long as short |
| Lighter GOOGLlong | +0.0112% | 1h | 357.29 | long leg | $2.0M | $1.3M | 20x | |
| Phoenix GOOGL | +0.0134% | 1h | 357.21 | −0.022% | $137K | $36K | 20x | as long as short |
| BloFin GOOGL-USDT | +0.0185% | 8h | 357.36 | +0.020% | $685K | $236K | 20x | as long as short |
| Bybit GOOGLUSDT | +0.0194% | 8h | 357.32 | +0.008% | $12.0M | $7.6M | 100x | as long as short |
| edgeX GOOGLUSDC | +0.0663% | 4h | 357.31 | +0.006% | $208K | $1.2M | 10x | as long as short |
Lighter GOOGL
Lighter RH GOOGL
OKX GOOGL-USDT-SWAP
Gate GOOGL_USDT
Bitget GOOGLUSDT
Variational Omni GOOGL
GRVT GOOGL_USDT_Perp
SunX GOOGL-USDT
Deribit GOOGL_USDC-PERPETUAL
HTX GOOGL-USDT
Phemex GOOGLUSDT
Coinbase International GOOGL-PERP-INTX
Aftermath Perps GOOGLUSD
Injective GOOGL/USDC PERP
Aster GOOGLUSDT
tradeXYZ xyz:GOOGL
Polymarket Perps GOOG-USD
SoDEX GOOGL-USD
Paradex GOOGL-USD-PERP
Extended GOOGL-USD
Binance GOOGLUSDT
Pacifica GOOGL
KuCoin GOOGLUSDTM
ApeX Omni GOOGLUSDT
Phoenix GOOGL
BloFin GOOGL-USDT
Bybit GOOGLUSDT
edgeX GOOGLUSDC