Funding arb · Price arb /

GOOGL

RWAall GOOGL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0216%/8h= +23.6% APRpaid last 24h +0.067%

Price spread now: BloFin against Lighter RH−0.039%7-day average +0.020% · you buy dearer than you sell

Net, funding: paid 7d − costs+$12as in the Funding arb table

Net, price: spread back to 7d avg − costs−$22as in the Price arb table

costs, in and out, $10k−$160.156% of the position

Long on Lighter RH Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.273%+$27 on $10k

Price spread, last 3 days (all we have)+0.119%+$12 · spread now −0.039%, 7d avg +0.020%

Together, before fees+0.393%+ Points / potential airdropLighter RH: Points live · farm board+$39 on $10k · with fees, hour by hour

Funding pays, the price is against you. BloFin is 0.060% cheaper against Lighter RH than usual: you would sell low and buy high (spread −0.039% now, against its 7-day average of +0.020%). If the spread goes back, that is −$6 on $10k: about 22 hours of funding at the current rate (+$6 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter RH GOOGL	356.73	0.0032	pay 0.0004% / 1h	40m 23s	$1.4M	$2.5M	20x
Short	BloFin GOOGL-USDT	356.59	0.0248	get 0.0248% / 8h	40m 23s	$689K	$236K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Lighter RH. 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 Lighter RHbpFee BloFinbpOrdersPrice spread, now −0.039%Rate

Funding earned: $45.28
Price spread: −0.039% → +0.020%: −$5.95
Slippage, 4 orders: −$3.59
Fee Lighter RH: 0 bp × 2 orders: $0
Fee BloFin: 6 bp × 2 orders: −$12
Net: $23.74
Costs to cover: 0.156%
Break-even: 3.3 days

Slippage from Lighter RH: live order book, 3 min ago; BloFin: live order book, 36 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 RH live order book, 3 min ago	0.42 bp	1.4 bp −$1	5.3 bp −$53	doesn't fit	doesn't fit
Sell BloFin live order book, 36 min ago	0.14 bp	6.7 bp −$7	8.1 bp −$81	14.8 bp −$1,477	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	356.57	−0.045%	$3.6M	$7.5M	100x	as long as short
SunX GOOGL-USDT	0.0000%	8h	356.70	−0.008%	$2K	$4.2M	20x	as long as short
HTX GOOGL-USDT	0.0000%	8h	356.78	+0.014%	$114K	$224K	30x	as long as short
Phemex GOOGLUSDT	0.0000%	4h	356.80	+0.020%	$2.7M	$66K	10x	as long as short
Coinbase International GOOGL-PERP-INTX	+0.0008%	1h	356.40	−0.093%	$530K	$1.1M	10x	as long as short
Aftermath Perps GOOGLUSD	+0.0015%	1h	356.38	−0.097%	$144K	$54K	10x	as long as short
Lighter RH GOOGLlong	+0.0032%	1h	356.73	long leg	$1.4M	$2.5M	20x
Injective GOOGL/USDC PERP	+0.0033%	1h	357.12	+0.109%	$128K	$45K	30x	as long as short
Vest GOOGL-USD-PERP	+0.0046%	1h	356.58	−0.042%	—	$5K	25x	as long as short
GRVT GOOGL_USDT_Perp	+0.0048%	8h	356.72	−0.004%	$23K	$474K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Polymarket Perps GOOG-USD	+0.0050%	1h	356.43	−0.084%	$683K	$437K	10x	as long as short
SoDEX GOOGL-USD	+0.0050%	1h	356.43	−0.084%	$195	$46K	10x	as long as short
Ondo Perps GOOGL-USD.P	+0.0050%	1h	356.36	−0.104%	$2.3M	$4.9M	15x	as long as short
Variational Omni GOOGL	+0.0054%	8h	356.55	−0.050%	$4.7M	$2.6M	—	as long as short
QFEX GOOGL-USD	+0.0060%	1h	356.63	−0.028%	$1.3M	$4.9M	10x	as long as short
tradeXYZ xyz:GOOGL	+0.0072%	1h	356.44	−0.081%	$98.9M	$25.3M	20x	as long as short
Hotstuff GOOGL-PERP	+0.0072%	1h	356.45	−0.078%	$33K	—	20x	as long as short
Paradex GOOGL-USD-PERP	+0.0086%	8h	356.55	−0.052%	$292	$253	5x	as long as short
Deribit GOOGL_USDC-PERPETUAL	+0.0087%	1h	356.43	−0.084%	$22K	$152K	10x	as long as short
Bybit GOOGLUSDT	+0.0095%	8h	356.64	−0.025%	$11.5M	$7.7M	100x	as long as short
Pacifica GOOGL	+0.0100%	1h	356.34	−0.110%	$42K	$45K	10x	as long as short
KuCoin GOOGLUSDTM	+0.0100%	8h	356.31	−0.118%	$3.0M	$66K	20x	as long as short
ApeX Omni GOOGLUSDT	+0.0100%	1h	356.50	−0.064%	$21K	$9K	50x	as long as short
Orderly PERP_GOOGL_USDC	+0.0100%	8h	356.53	−0.056%	$10K	$10K	20x	as long as short
Nado GOOGL-PERP	+0.0103%	1h	356.37	−0.101%	$559K	$82K	20x	as long as short
Aevo GOOGL-PERP	+0.0104%	1h	356.57	−0.043%	$25K	—	10x	as long as short
Aster GOOGLUSDT	+0.0107%	8h	356.76	+0.010%	$362K	$455K	20x	as long as short
Bitget GOOGLUSDT	+0.0114%	8h	356.73	0.000%	$16.9M	$9.3M	100x	as long as short
Binance GOOGLUSDT	+0.0127%	8h	356.65	−0.022%	$73.0M	$142.8M	50x	as long as short
Extended GOOGL-USD	+0.0128%	1h	356.59	−0.039%	$421K	$1.6M	20x	as long as short
OKX GOOGL-USDT-SWAP	+0.0144%	8h	356.76	+0.008%	$13.9M	$12.9M	50x	as long as short
Phoenix GOOGL	+0.0157%	1h	356.59	−0.039%	$137K	$48K	20x	as long as short
BloFin GOOGL-USDTshort	+0.0248%	8h	356.59	−0.039%	$689K	$236K	20x
Arcus GOOGL-USD	+0.0250%	1h	356.45	−0.078%	$202K	$271K	10x	as long as short
Lighter GOOGL	+0.0296%	1h	356.66	−0.020%	$2.1M	$1.1M	20x	as long as short
edgeX GOOGLUSDC	+0.0480%	4h	356.73	0.000%	$208K	$1.2M	10x	as long as short