Funding you earn now, next payment 07:00 UTC−0.0032%/8h= −3.5% APRnext payment −$0.04 per $10,000 · paid last 24h −0.007%
Price spread now: Deribit against Lighter RH−0.048%7-day average −0.035% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$19as in the Price arb table
costs, in and out, $10k−$180.178% of the position
Funding, last 5 days (all we have)+0.101%+$10 on $10k
+Price spread, last 4 days (all we have)+0.044%+$4 · spread now −0.048%, 7d avg −0.035%
=Together, before fees+0.145%+ Points / potential airdropLighter RH: Points live · farm board+$15 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.035%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate. Mind the row above: over the last 5 days funding on this pair paid +0.101%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH GOOGL | 356.88 | 0.0032 | pay 0.0004% / 1h | 29m 02s | $1.3M | $2.1M | 20x |
| Short | Deribit GOOGL_USDC-PERPETUAL | 356.71 | 0 | get 0.0000% / 1h | 29m 02s | $24K | $156K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$6.72
- Price spread: −0.048% → −0.035%
- −$1.23
- Slippage, 4 orders
- −$10.76
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$25.71
- Costs to cover
- 0.178%
- Break-even
- never at this rate
Slippage from Lighter RH: live order book, 4 min ago; Deribit: live order book, 14 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 | 1.26 bp | 1.6 bp −$2 | 4.2 bp −$42 | 43.7 bp −$4,372 | doesn't fit |
| Sell Deribit live order book, 14 min ago | 0.14 bp | 3.6 bp −$4 | 4.7 bp −$47 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International GOOGL-PERP-INTX | −0.0024% | 1h | 356.60 | −0.078% | $511K | $1.1M | 10x | as long as short |
| OKX GOOGL-USDT-SWAP | 0.0000% | 8h | 356.88 | 0.000% | $13.6M | $13.0M | 50x | as long as short |
| Gate GOOGL_USDT | 0.0000% | 8h | 356.80 | −0.022% | $3.6M | $7.5M | 100x | as long as short |
| Bitget GOOGLUSDT | 0.0000% | 8h | 357.00 | +0.034% | $17.3M | $9.8M | 100x | as long as short |
| Variational Omni GOOGL | 0.0000% | 8h | 356.79 | −0.025% | $4.8M | $2.4M | — | as long as short |
| GRVT GOOGL_USDT_Perp | 0.0000% | 8h | 356.82 | −0.018% | $23K | $447K | 10x | as long as short |
| SunX GOOGL-USDT | 0.0000% | 8h | 356.96 | +0.022% | $1K | $4.0M | 20x | as long as short |
| Deribit GOOGL_USDC-PERPETUALshort | 0.0000% | 1h | 356.71 | −0.048% | $24K | $156K | 10x | |
| HTX GOOGL-USDT | 0.0000% | 8h | 357.03 | +0.042% | $115K | $211K | 30x | as long as short |
| Phemex GOOGLUSDT | 0.0000% | 4h | 356.90 | +0.006% | $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 | |
|---|---|---|---|---|---|---|---|---|
| Aftermath Perps GOOGLUSD | +0.0021% | 1h | 356.52 | −0.101% | $144K | $46K | 10x | as long as short |
| Aster GOOGLUSDT | +0.0028% | 8h | 357.04 | +0.045% | $365K | $424K | 20x | as long as short |
| Lighter RH GOOGLlong | +0.0032% | 1h | 356.88 | long leg | $1.3M | $2.1M | 20x | |
| Injective GOOGL/USDC PERP | +0.0033% | 1h | 357.12 | +0.067% | $128K | $45K | 30x | as long as short |
| Nado GOOGL-PERP | +0.0036% | 1h | 356.74 | −0.040% | $549K | $92K | 20x | as long as short |
| QFEX GOOGL-USD | +0.0038% | 1h | 356.91 | +0.008% | $1.3M | $4.2M | 10x | as long as short |
| Arcus GOOGL-USD | +0.0040% | 1h | 356.54 | −0.095% | $207K | $278K | 10x | as long as short |
| Vest GOOGL-USD-PERP | +0.0046% | 1h | 357.02 | +0.039% | — | $5K | 25x | as long as short |
| Extended GOOGL-USD | +0.0048% | 1h | 356.85 | −0.008% | $423K | $1.2M | 20x | as long as short |
| Binance GOOGLUSDT | +0.0049% | 8h | 356.94 | +0.017% | $72.0M | $143.9M | 50x | as long as short |
| tradeXYZ xyz:GOOGL | +0.0050% | 1h | 356.77 | −0.031% | $98.1M | $21.4M | 20x | as long as short |
| Polymarket Perps GOOG-USD | +0.0050% | 1h | 356.77 | −0.031% | $684K | $430K | 10x | as long as short |
| SoDEX GOOGL-USD | +0.0050% | 1h | 356.74 | −0.039% | $153 | $46K | 10x | as long as short |
| Ondo Perps GOOGL-USD.P | +0.0050% | 1h | 356.46 | −0.118% | $2.3M | $4.9M | 15x | as long as short |
| Paradex GOOGL-USD-PERP | +0.0053% | 8h | 356.89 | +0.002% | $293 | $253 | 5x | as long as short |
| Hotstuff GOOGL-PERP | +0.0088% | 1h | 356.74 | −0.039% | $33K | — | 20x | as long as short |
| Phoenix GOOGL | +0.0090% | 1h | 356.69 | −0.053% | $137K | $36K | 20x | as long as short |
| Pacifica GOOGL | +0.0100% | 1h | 356.73 | −0.042% | $42K | $39K | 10x | as long as short |
| KuCoin GOOGLUSDTM | +0.0100% | 8h | 356.59 | −0.081% | $3.0M | $103K | 20x | as long as short |
| ApeX Omni GOOGLUSDT | +0.0100% | 1h | 356.55 | −0.092% | $22K | $10K | 50x | as long as short |
| Orderly PERP_GOOGL_USDC | +0.0100% | 8h | 356.76 | −0.034% | $10K | $11K | 20x | as long as short |
| Aevo GOOGL-PERP | +0.0104% | 1h | 356.76 | −0.033% | $25K | — | 10x | as long as short |
| Lighter GOOGL | +0.0136% | 1h | 356.90 | +0.006% | $2.0M | $1.3M | 20x | as long as short |
| Bybit GOOGLUSDT | +0.0159% | 8h | 356.96 | +0.022% | $11.6M | $7.9M | 100x | as long as short |
| BloFin GOOGL-USDT | +0.0169% | 8h | 356.96 | +0.022% | $690K | $236K | 20x | as long as short |
| edgeX GOOGLUSDC | +0.0655% | 4h | 356.77 | −0.030% | $208K | $1.2M | 10x | as long as short |
Lighter RH GOOGL
Deribit GOOGL_USDC-PERPETUAL
Coinbase International GOOGL-PERP-INTX
OKX GOOGL-USDT-SWAP
Gate GOOGL_USDT
Bitget GOOGLUSDT
Variational Omni GOOGL
GRVT GOOGL_USDT_Perp
SunX GOOGL-USDT
HTX GOOGL-USDT
Phemex GOOGLUSDT
Aftermath Perps GOOGLUSD
Aster GOOGLUSDT
Injective GOOGL/USDC PERP
Extended GOOGL-USD
Binance GOOGLUSDT
tradeXYZ xyz:GOOGL
Polymarket Perps GOOG-USD
SoDEX GOOGL-USD
Paradex GOOGL-USD-PERP
Phoenix GOOGL
Pacifica GOOGL
KuCoin GOOGLUSDTM
ApeX Omni GOOGLUSDT
Lighter GOOGL
Bybit GOOGLUSDT
BloFin GOOGL-USDT
edgeX GOOGLUSDC