Funding you earn now, next payment 01:00 UTC−0.0046%/8h= −5.0% APRnext payment −$0.06 per $10,000 · paid last 24h −0.037%
Price spread now: tradeXYZ against Lighter−0.062%7-day average −0.061% · you buy dearer than you sell
Net, funding: paid 7d − costs−$34as in the Funding arb table
Net, price: spread back to 7d avg − costs−$22as in the Price arb table
costs, in and out, $10k−$220.222% of the position
Funding, last 7 days−0.117%−$12 on $10k
+Price spread, last 7 days−0.016%−$2 · spread now −0.062%, 7d avg −0.061%
=Together, before fees−0.133%+ Points / potential airdropLighter: Season 3 · tradeXYZ: Active · farm board−$13 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.061%, so right now this pair is about funding alone: −$1 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 | 356.28 | 0.0096 | pay 0.0012% / 1h | 45m 17s | $2.1M | $1.1M | 20x |
| Short | tradeXYZ xyz:GOOGL | 356.06 | 0.0050 | get 0.0006% / 1h | 45m 17s | $98.1M | $24.6M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- −$9.66
- Price spread: −0.062% → −0.061%
- −$0.07
- Slippage, 4 orders
- −$4.15
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$31.88
- Costs to cover
- 0.222%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 1 min ago; tradeXYZ: live order book, 3 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, 1 min ago | 0.70 bp | 1.1 bp −$1 | 3.8 bp −$38 | 91.4 bp −$9,143 | doesn't fit |
| Sell tradeXYZ live order book, 3 min ago | 0.42 bp | 9.9 bp −$10 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate GOOGL_USDT | 0.0000% | 8h | 356.26 | −0.006% | $3.6M | $7.5M | 100x | as long as short |
| SunX GOOGL-USDT | 0.0000% | 8h | 356.32 | +0.011% | $2K | $4.2M | 20x | as long as short |
| Deribit GOOGL_USDC-PERPETUAL | 0.0000% | 1h | 356.05 | −0.065% | $23K | $153K | 10x | as long as short |
| HTX GOOGL-USDT | 0.0000% | 8h | 356.53 | +0.070% | $114K | $225K | 30x | as long as short |
| Phemex GOOGLUSDT | 0.0000% | 4h | 356.62 | +0.095% | $2.7M | $66K | 10x | as long as short |
| Aftermath Perps GOOGLUSD | +0.0018% | 1h | 356.44 | +0.044% | $144K | $53K | 10x | as long as short |
| GRVT GOOGL_USDT_Perp | +0.0026% | 8h | 356.69 | +0.115% | $23K | $471K | 10x | as long as short |
| edgeX GOOGLUSDC | +0.0028% | 4h | 356.60 | +0.090% | $210K | $1.2M | 10x | as long as short |
| Lighter RH GOOGL | +0.0032% | 1h | 356.37 | +0.025% | $1.4M | $2.3M | 20x | as long as short |
| Coinbase International GOOGL-PERP-INTX | +0.0032% | 1h | 356.34 | +0.017% | $529K | $1.1M | 10x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective GOOGL/USDC PERP | +0.0033% | 1h | 357.12 | +0.236% | $128K | $45K | 30x | as long as short |
| Vest GOOGL-USD-PERP | +0.0046% | 1h | 356.38 | +0.028% | — | $5K | 25x | as long as short |
| tradeXYZ xyz:GOOGLshort | +0.0050% | 1h | 356.06 | −0.062% | $98.1M | $24.6M | 20x | |
| Polymarket Perps GOOG-USD | +0.0050% | 1h | 356.13 | −0.042% | $683K | $440K | 10x | as long as short |
| SoDEX GOOGL-USD | +0.0050% | 1h | 356.14 | −0.039% | $172 | $46K | 10x | as long as short |
| Ondo Perps GOOGL-USD.P | +0.0050% | 1h | 355.97 | −0.087% | $2.3M | $4.8M | 15x | as long as short |
| Hotstuff GOOGL-PERP | +0.0056% | 1h | 356.16 | −0.034% | $33K | — | 20x | as long as short |
| QFEX GOOGL-USD | +0.0064% | 1h | 356.25 | −0.008% | $1.3M | $4.8M | 10x | as long as short |
| Variational Omni GOOGL | +0.0068% | 8h | 356.40 | +0.034% | $4.8M | $2.7M | — | as long as short |
| Nado GOOGL-PERP | +0.0071% | 1h | 356.13 | −0.043% | $559K | $81K | 20x | as long as short |
| Paradex GOOGL-USD-PERP | +0.0092% | 8h | 356.28 | −0.001% | $292 | $253 | 5x | as long as short |
| Lighter GOOGLlong | +0.0096% | 1h | 356.28 | long leg | $2.1M | $1.1M | 20x | |
| Pacifica GOOGL | +0.0100% | 1h | 356.30 | +0.005% | $42K | $45K | 10x | as long as short |
| KuCoin GOOGLUSDTM | +0.0100% | 8h | 355.94 | −0.095% | $3.0M | $66K | 20x | as long as short |
| ApeX Omni GOOGLUSDT | +0.0100% | 1h | 356.41 | +0.036% | $22K | $10K | 50x | as long as short |
| Orderly PERP_GOOGL_USDC | +0.0100% | 8h | 356.20 | −0.022% | $10K | $10K | 20x | as long as short |
| Aevo GOOGL-PERP | +0.0104% | 1h | 356.22 | −0.017% | $25K | — | 10x | as long as short |
| Bybit GOOGLUSDT | +0.0106% | 8h | 356.35 | +0.020% | $11.5M | $7.7M | 100x | as long as short |
| Aster GOOGLUSDT | +0.0113% | 8h | 356.53 | +0.071% | $364K | $457K | 20x | as long as short |
| Binance GOOGLUSDT | +0.0132% | 8h | 356.31 | +0.008% | $73.1M | $142.4M | 50x | as long as short |
| Extended GOOGL-USD | +0.0136% | 1h | 356.21 | −0.020% | $421K | $1.8M | 20x | as long as short |
| Bitget GOOGLUSDT | +0.0138% | 8h | 356.28 | 0.000% | $16.9M | $9.3M | 100x | as long as short |
| Phoenix GOOGL | +0.0157% | 1h | 356.29 | +0.003% | $137K | $48K | 20x | as long as short |
| OKX GOOGL-USDT-SWAP | +0.0198% | 8h | 356.32 | +0.011% | $13.8M | $12.8M | 50x | as long as short |
| BloFin GOOGL-USDT | +0.0254% | 8h | 356.70 | +0.118% | $688K | $235K | 20x | as long as short |
| Arcus GOOGL-USD | +0.0306% | 1h | 356.33 | +0.014% | $202K | $271K | 10x | as long as short |
Lighter GOOGL
tradeXYZ xyz:GOOGL
Gate GOOGL_USDT
SunX GOOGL-USDT
Deribit GOOGL_USDC-PERPETUAL
HTX GOOGL-USDT
Phemex GOOGLUSDT
Aftermath Perps GOOGLUSD
GRVT GOOGL_USDT_Perp
edgeX GOOGLUSDC
Lighter RH GOOGL
Coinbase International GOOGL-PERP-INTX
Injective GOOGL/USDC PERP
Polymarket Perps GOOG-USD
SoDEX GOOGL-USD
Variational Omni GOOGL
Paradex GOOGL-USD-PERP
Pacifica GOOGL
KuCoin GOOGLUSDTM
ApeX Omni GOOGLUSDT
Bybit GOOGLUSDT
Aster GOOGLUSDT
Binance GOOGLUSDT
Extended GOOGL-USD
Bitget GOOGLUSDT
Phoenix GOOGL
OKX GOOGL-USDT-SWAP
BloFin GOOGL-USDT