GOOGL

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC−0.0048%/8h= −5.3% APRnext payment −$0.06 per $10,000 · paid last 24h −0.006%

Price spread now: Coinbase International against Lighter RH−0.042%7-day average −0.118% · you buy dearer than you sell

Net, funding: paid 7d − costs−$23as in the Funding arb table

Net, price: spread back to 7d avg − costs−$12as in the Price arb table

costs, in and out, $10k−$200.200% of the position

Long on Lighter RH Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days−0.028%−$3 on $10k

Price spread, last 4 days (all we have)+0.035%+$4 · spread now −0.042%, 7d avg −0.118%

Together, before fees+0.007%+ Points / potential airdropLighter RH: Points live · farm board+$1 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Coinbase International is 0.076% dearer against Lighter RH than usual: you sell high and buy low (spread −0.042% now, against its 7-day average of −0.118%): +$8 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 5.3 days. At the pace of the last 7 days (−0.028% in total) that is about 19 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter RH GOOGL	357.22	0.0032	pay 0.0004% / 1h	46m 31s	$1.4M	$1.9M	20x
Short	Coinbase International GOOGL-PERP-INTX	357.07	−0.0016	pay 0.0002% / 1h	46m 31s	$529K	$1.2M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International 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 Coinbase InternationalbpOrdersPrice spread, now −0.042%Rate

Funding earned: −$10.08
Price spread: −0.042% → −0.118%: $7.59
Slippage, 4 orders: −$10.04
Fee Lighter RH: 0 bp × 2 orders: $0
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$22.52
Costs to cover: 0.200%
Break-even: never at this rate

Slippage from Lighter RH: live order book, 4 min ago; Coinbase International: live order book, 5 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, 4 min ago	1.40 bp	2.5 bp −$3	4.1 bp −$41	doesn't fit	doesn't fit
Sell Coinbase International live order book, 5 min ago	0.84 bp	8.2 bp −$8	11.7 bp −$117	doesn't fit	doesn't fit

GOOGL on 36 exchanges

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
Hotstuff GOOGL-PERP	−0.0072%	1h	357.34	+0.034%	$33K	—	20x	as long as short
Coinbase International GOOGL-PERP-INTXshort	−0.0016%	1h	357.07	−0.042%	$529K	$1.2M	10x
Bybit GOOGLUSDT	0.0000%	8h	357.19	−0.008%	$11.6M	$7.8M	100x	as long as short
OKX GOOGL-USDT-SWAP	0.0000%	8h	357.23	+0.003%	$13.4M	$13.8M	50x	as long as short
Gate GOOGL_USDT	0.0000%	8h	357.06	−0.045%	$3.7M	$6.3M	100x	as long as short
Bitget GOOGLUSDT	0.0000%	8h	357.18	−0.011%	$17.4M	$9.8M	100x	as long as short
Variational Omni GOOGL	0.0000%	8h	357.44	+0.062%	$4.9M	$2.4M	—	as long as short
GRVT GOOGL_USDT_Perp	0.0000%	8h	357.18	−0.011%	$12K	$463K	10x	as long as short
SunX GOOGL-USDT	0.0000%	8h	357.21	−0.003%	$2K	$3.6M	20x	as long as short
Deribit GOOGL_USDC-PERPETUAL	0.0000%	1h	357.01	−0.059%	$29K	$150K	10x	as long as short

Show all 36 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX GOOGL-USDT	0.0000%	8h	357.36	+0.039%	$115K	$212K	30x	as long as short
Phemex GOOGLUSDT	0.0000%	4h	357.36	+0.039%	$2.7M	$116K	10x	as long as short
Aster GOOGLUSDT	+0.0025%	8h	357.20	−0.004%	$367K	$420K	20x	as long as short
Lighter RH GOOGLlong	+0.0032%	1h	357.22	long leg	$1.4M	$1.9M	20x
Aftermath Perps GOOGLUSD	+0.0032%	1h	357.10	−0.034%	$144K	$42K	10x	as long as short
Injective GOOGL/USDC PERP	+0.0033%	1h	357.12	−0.028%	$128K	$45K	30x	as long as short
Nado GOOGL-PERP	+0.0044%	1h	357.08	−0.040%	$549K	$86K	20x	as long as short
Binance GOOGLUSDT	+0.0044%	8h	357.16	−0.018%	$72.9M	$146.0M	50x	as long as short
Vest GOOGL-USD-PERP	+0.0046%	1h	357.22	0.000%	—	$5K	25x	as long as short
Extended GOOGL-USD	+0.0048%	1h	357.02	−0.055%	$423K	$2.9M	20x	as long as short
tradeXYZ xyz:GOOGL	+0.0050%	1h	356.96	−0.073%	$97.9M	$21.4M	20x	as long as short
Polymarket Perps GOOG-USD	+0.0050%	1h	357.04	−0.050%	$719K	$523K	10x	as long as short
SoDEX GOOGL-USD	+0.0050%	1h	356.95	−0.076%	$103	$46K	10x	as long as short
Ondo Perps GOOGL-USD.P	+0.0050%	1h	356.75	−0.132%	$2.3M	$3.9M	15x	as long as short
Paradex GOOGL-USD-PERP	+0.0057%	8h	357.14	−0.023%	$293	$253	5x	as long as short
QFEX GOOGL-USD	+0.0066%	1h	357.19	−0.008%	$1.3M	$4.0M	10x	as long as short
Pacifica GOOGL	+0.0100%	1h	357.12	−0.028%	$42K	$17K	10x	as long as short
KuCoin GOOGLUSDTM	+0.0100%	8h	356.93	−0.081%	$3.0M	$324K	20x	as long as short
ApeX Omni GOOGLUSDT	+0.0100%	1h	357.03	−0.053%	$36K	$17K	50x	as long as short
Orderly PERP_GOOGL_USDC	+0.0100%	8h	357.15	−0.020%	$10K	$11K	20x	as long as short
Aevo GOOGL-PERP	+0.0104%	1h	357.01	−0.058%	$25K	—	10x	as long as short
Lighter GOOGL	+0.0112%	1h	357.16	−0.017%	$2.0M	$2.2M	20x	as long as short
BloFin GOOGL-USDT	+0.0166%	8h	357.22	0.000%	$694K	$230K	20x	as long as short
Phoenix GOOGL	+0.0179%	1h	356.93	−0.081%	$137K	$60K	20x	as long as short
Arcus GOOGL-USD	+0.0303%	1h	357.01	−0.059%	$212K	$217K	10x	as long as short
edgeX GOOGLUSDC	+0.0315%	4h	357.18	−0.010%	$208K	$1.2M	10x	as long as short